Al-Qantara: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Al-Qantara
Largest movements
- Financial fixed assets -€5,874
down €5,874 (-52.1%), from €11,280 to €5,406
- Cash +€5,063
up €5,063 (+24.3%), from €20,819 to €25,882
mainly Investment in fixed assets (net) (+€5,874) and Net result for the year (+€3,475)
- Other debts -€4,399
no longer reported in 2025 (was €4,399)
- Profit (loss) carried forward +€3,475
up €3,475, from -€992 to €2,484
- Financial income +€5,010
up €5,010 (+10,813%), from €46 to €5,056
- Gross operating margin -€3,078
down €3,078, from €2,487 to -€591
- Taxes +€224
new in 2025: €224
- Other operating charges -€132
no longer reported in 2025 (was €132)
- Financial charges -€59
down €59 (-11.4%), from €515 to €456
of which Non-recurring financial charges: -€176
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,744 | €31,820 | -€923 | -2.8% |
| Fixed assets | 21/28 | €11,924 | €5,741 | -€6,183 | -51.9% |
| Tangible fixed assets | 22/27 | €644 | €335 | -€309 | -48.0% |
| Furniture and vehicles | 24 | €644 | €335 | -€309 | -48.0% |
| Financial fixed assets | 28 | €11,280 | €5,406 | -€5,874 | -52.1% |
| Current assets | 29/58 | €20,819 | €26,079 | +€5,260 | +25.3% |
| Amounts receivable within one year | 40/41 | - | €197 | +€197 | |
| Trade receivables | 40 | - | €197 | +€197 | |
| Cash at bank and in hand | 54/58 | €20,819 | €25,882 | +€5,063 | +24.3% |
| Total equity and liabilities | 10/49 | €32,744 | €31,820 | -€923 | -2.8% |
| Equity | 10/15 | €28,345 | €31,820 | +€3,475 | +12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,737 | €10,737 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,877 | €8,877 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€992 | €2,484 | +€3,475 | |
| Amounts payable | 17/49 | €4,399 | - | -€4,399 | |
| Amounts payable within one year | 42/48 | €4,399 | - | -€4,399 | |
| Other amounts payable | 47/48 | €4,399 | - | -€4,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €309 | +€26 | +9.1% |
| Other operating charges | 640/8 | €132 | - | -€132 | |
| Gross operating margin | 9900 | €2,487 | -€591 | -€3,078 | |
| Operating profit (loss) | 9901 | €2,071 | -€901 | -€2,972 | |
| Financial income | 75/76B | €46 | €5,056 | +€5,010 | +10,813% |
| Recurring financial income | 75 | €46 | €5,056 | +€5,010 | +10,813% |
| Financial charges | 65/66B | €515 | €456 | -€59 | -11.4% |
| Recurring financial charges | 65 | €339 | €456 | +€117 | +34.6% |
| Non-recurring financial charges | 66B | €176 | - | -€176 | |
| Profit (loss) for the period before taxes | 9903 | €1,603 | €3,699 | +€2,097 | +131% |
| Income taxes | 67/77 | - | €224 | +€224 | |
| Profit (loss) for the period | 9904 | €1,603 | €3,475 | +€1,873 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €1,603 | €3,475 | +€1,873 | +117% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.