AL SHAMALI: 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 SHAMALI
Largest movements
- Cash +€17,963
up €17,963 (+396%), from €4,536 to €22,499
mainly Depreciation (+€19,714) and Tax, wage and social debts (+€12,324)
- Tangible fixed assets -€17,221
down €17,221 (-32.8%), from €52,494 to €35,273
- Receivables within one year -€2,936
down €2,936 (-15.4%), from €19,079 to €16,143
of which Trade receivables: -€2,936
- Deferred charges and accrued income +€1,015
new in 2024: €1,015
- Trade debts -€20,028
down €20,028 (-81.5%), from €24,582 to €4,554
- Tax, wage and social debts +€12,324
up €12,324 (+320%), from €3,852 to €16,176
of which Remuneration and social security: +€7,242
- Profit (loss) carried forward +€12,127
up €12,127 (+144%), from €8,428 to €20,555
- Other debts -€5,118
down €5,118 (-36.7%), from €13,937 to €8,819
- Turnover +€77,071
up €77,071 (+43.1%), from €179,006 to €256,077
- Gross operating margin +€56,392
up €56,392 (+287%), from €19,657 to €76,049
- Staff costs +€39,889
new in 2024: €39,889
- Purchases and services +€22,184
up €22,184 (+13.9%), from €159,349 to €181,533
- Depreciation +€8,784
up €8,784 (+80.4%), from €10,930 to €19,714
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,818 | €76,124 | -€694 | -0.9% |
| Formation expenses | 20 | €710 | €710 | +€0 | 0.0% |
| Fixed assets | 21/28 | €52,494 | €35,757 | -€16,737 | -31.9% |
| Tangible fixed assets | 22/27 | €52,494 | €35,273 | -€17,221 | -32.8% |
| Furniture and vehicles | 24 | €52,494 | €35,273 | -€17,221 | -32.8% |
| Financial fixed assets | 28 | - | €484 | +€484 | |
| Current assets | 29/58 | €23,615 | €39,657 | +€16,042 | +67.9% |
| Amounts receivable within one year | 40/41 | €19,079 | €16,143 | -€2,936 | -15.4% |
| Trade receivables | 40 | €17,992 | €15,056 | -€2,936 | -16.3% |
| Other amounts receivable | 41 | €1,087 | €1,087 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €4,536 | €22,499 | +€17,963 | +396% |
| Deferred charges and accrued income | 490/1 | - | €1,015 | +€1,015 | |
| Total equity and liabilities | 10/49 | €76,818 | €76,124 | -€694 | -0.9% |
| Equity | 10/15 | €18,428 | €30,555 | +€12,127 | +65.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,428 | €20,555 | +€12,127 | +144% |
| Amounts payable | 17/49 | €58,390 | €45,569 | -€12,821 | -22.0% |
| Amounts payable within one year | 42/48 | €58,390 | €45,569 | -€12,821 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €16,020 | €16,020 | = | 0.0% |
| Trade debts | 44 | €24,582 | €4,554 | -€20,028 | -81.5% |
| Suppliers | 440/4 | €24,582 | €4,554 | -€20,028 | -81.5% |
| Taxes, remuneration and social security | 45 | €3,852 | €16,176 | +€12,324 | +320% |
| Taxes | 450/3 | €3,852 | €8,934 | +€5,082 | +132% |
| Remuneration and social security | 454/9 | - | €7,242 | +€7,242 | |
| Other amounts payable | 47/48 | €13,937 | €8,819 | -€5,118 | -36.7% |
| Turnover | 70 | €179,006 | €256,077 | +€77,071 | +43.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,349 | €181,533 | +€22,184 | +13.9% |
| Remuneration, social security and pensions | 62 | - | €39,889 | +€39,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,930 | €19,714 | +€8,784 | +80.4% |
| Other operating charges | 640/8 | €1,479 | €3,772 | +€2,293 | +155% |
| Gross operating margin | 9900 | €19,657 | €76,049 | +€56,392 | +287% |
| Operating profit (loss) | 9901 | €7,248 | €12,674 | +€5,426 | +74.9% |
| Financial charges | 65/66B | €0 | €276 | +€276 | +183,900% |
| Recurring financial charges | 65 | €0 | €276 | +€276 | +183,900% |
| Profit (loss) for the period before taxes | 9903 | €7,248 | €12,398 | +€5,150 | +71.1% |
| Income taxes | 67/77 | €95 | €270 | +€175 | +186% |
| Profit (loss) for the period | 9904 | €7,153 | €12,128 | +€4,975 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,153 | €12,128 | +€4,975 | +69.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.