Al Shauqea: what changed
Al Shauqea
Largest movements
- Receivables within one year +€38,396
up €38,396 (+452%), from €8,498 to €46,895
of which Trade receivables: +€37,628
- Cash +€12,358
up €12,358 (+1,175%), from €1,052 to €13,410
mainly Other debts (+€45,672) and Depreciation (+€3,812)
- Tangible fixed assets -€3,812
down €3,812 (-53.8%), from €7,083 to €3,271
of which Furniture and vehicles: -€3,333
- Stocks and contracts +€1,430
up €1,430 (+2.4%), from €60,250 to €61,680
- Other debts +€45,672
up €45,672 (+61.6%), from €74,190 to €119,862
- Profit (loss) carried forward +€1,836
up €1,836, from -€1,760 to €76
- Gross operating margin +€5,763
up €5,763 (+145%), from €3,970 to €9,733
- Other operating charges +€1,760
up €1,760 (+123%), from €1,429 to €3,188
- Taxes +€680
new in 2024: €680
- Financial charges -€177
down €177 (-45.0%), from €394 to €217
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,760 | €129,132 | +€48,372 | +59.9% |
| Fixed assets | 21/28 | €10,863 | €7,051 | -€3,812 | -35.1% |
| Tangible fixed assets | 22/27 | €7,083 | €3,271 | -€3,812 | -53.8% |
| Plant, machinery and equipment | 23 | €1,540 | €1,060 | -€479 | -31.1% |
| Furniture and vehicles | 24 | €5,544 | €2,211 | -€3,333 | -60.1% |
| Financial fixed assets | 28 | €3,780 | €3,780 | = | 0.0% |
| Current assets | 29/58 | €69,897 | €122,081 | +€52,184 | +74.7% |
| Stocks and contracts in progress | 3 | €60,250 | €61,680 | +€1,430 | +2.4% |
| Stocks | 30/36 | €60,250 | €61,680 | +€1,430 | +2.4% |
| Amounts receivable within one year | 40/41 | €8,498 | €46,895 | +€38,396 | +452% |
| Trade receivables | 40 | - | €37,628 | +€37,628 | |
| Other amounts receivable | 41 | €8,498 | €9,267 | +€768 | +9.0% |
| Cash at bank and in hand | 54/58 | €1,052 | €13,410 | +€12,358 | +1,175% |
| Deferred charges and accrued income | 490/1 | €96 | €96 | = | 0.0% |
| Total equity and liabilities | 10/49 | €80,760 | €129,132 | +€48,372 | +59.9% |
| Equity | 10/15 | €5,947 | €7,783 | +€1,836 | +30.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,707 | €5,707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €5,507 | €5,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,760 | €76 | +€1,836 | |
| Amounts payable | 17/49 | €74,813 | €121,349 | +€46,536 | +62.2% |
| Amounts payable within one year | 42/48 | €74,813 | €121,349 | +€46,536 | +62.2% |
| Trade debts | 44 | €528 | €136 | -€392 | -74.2% |
| Suppliers | 440/4 | €528 | €136 | -€392 | -74.2% |
| Taxes, remuneration and social security | 45 | €95 | €1,351 | +€1,256 | +1,325% |
| Taxes | 450/3 | - | €1,351 | +€1,351 | |
| Remuneration and social security | 454/9 | €95 | €0 | -€94 | -99.6% |
| Other amounts payable | 47/48 | €74,190 | €119,862 | +€45,672 | +61.6% |
| Remuneration, social security and pensions | 62 | €95 | - | -€95 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,812 | €3,812 | = | 0.0% |
| Other operating charges | 640/8 | €1,429 | €3,188 | +€1,760 | +123% |
| Gross operating margin | 9900 | €3,970 | €9,733 | +€5,763 | +145% |
| Operating profit (loss) | 9901 | -€1,366 | €2,732 | +€4,098 | |
| Financial charges | 65/66B | €394 | €217 | -€177 | -45.0% |
| Recurring financial charges | 65 | €394 | €217 | -€177 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,760 | €2,516 | +€4,275 | |
| Income taxes | 67/77 | - | €680 | +€680 | |
| Profit (loss) for the period | 9904 | -€1,760 | €1,836 | +€3,596 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,760 | €1,836 | +€3,596 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.