AL TAJ: 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 TAJ
Largest movements
- Receivables within one year +€501,215
up €501,215 (+215%), from €233,281 to €734,496
of which Trade receivables: +€328,499
- Cash +€89,465
up €89,465 (+25.0%), from €358,118 to €447,583
mainly Net result for the year (+€588,307) and Trade debts (+€263,105)
- Profit (loss) carried forward +€588,307
new in 2024: €588,307
- Trade debts +€263,105
up €263,105 (+120%), from €219,368 to €482,473
- Other debts -€239,312
no longer reported in 2024 (was €239,312)
- Tax, wage and social debts -€20,137
down €20,137 (-12.1%), from €166,183 to €146,046
of which Taxes: -€119,554
- Turnover +€6.9m
new in 2024: €6.9m
- Purchases and services +€5.9m
new in 2024: €5.9m
- Gross operating margin +€421,346
up €421,346 (+69.2%), from €609,115 to €1.0m
- Staff costs +€131,756
up €131,756 (+46.1%), from €285,619 to €417,375
- Taxes -€96,851
down €96,851 (-84.3%), from €114,954 to €18,103
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 | €629,862 | €1,221,826 | +€591,964 | +94.0% |
| Fixed assets | 21/28 | €6,822 | €5,457 | -€1,365 | -20.0% |
| Tangible fixed assets | 22/27 | €6,822 | €5,457 | -€1,365 | -20.0% |
| Plant, machinery and equipment | 23 | €5,022 | €4,857 | -€165 | -3.3% |
| Furniture and vehicles | 24 | €1,800 | €600 | -€1,200 | -66.7% |
| Current assets | 29/58 | €623,039 | €1,216,369 | +€593,330 | +95.2% |
| Stocks and contracts in progress | 3 | €31,640 | €34,290 | +€2,650 | +8.4% |
| Stocks | 30/36 | €31,640 | €34,290 | +€2,650 | +8.4% |
| Amounts receivable within one year | 40/41 | €233,281 | €734,496 | +€501,215 | +215% |
| Trade receivables | 40 | €189,367 | €517,866 | +€328,499 | +173% |
| Other amounts receivable | 41 | €43,914 | €216,630 | +€172,716 | +393% |
| Cash at bank and in hand | 54/58 | €358,118 | €447,583 | +€89,465 | +25.0% |
| Total equity and liabilities | 10/49 | €629,862 | €1,221,826 | +€591,964 | +94.0% |
| Equity | 10/15 | - | €588,307 | +€588,307 | |
| Profit (loss) carried forward | 14 | - | €588,307 | +€588,307 | |
| Amounts payable | 17/49 | €629,862 | €633,519 | +€3,657 | +0.6% |
| Amounts payable within one year | 42/48 | €629,862 | €633,519 | +€3,657 | +0.6% |
| Trade debts | 44 | €219,368 | €482,473 | +€263,105 | +120% |
| Suppliers | 440/4 | €219,368 | €482,473 | +€263,105 | +120% |
| Advances received on contracts in progress | 46 | €5,000 | €5,000 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €166,183 | €146,046 | -€20,137 | -12.1% |
| Taxes | 450/3 | €126,413 | €6,859 | -€119,554 | -94.6% |
| Remuneration and social security | 454/9 | €39,770 | €139,187 | +€99,417 | +250% |
| Other amounts payable | 47/48 | €239,312 | - | -€239,312 | |
| Turnover | 70 | - | €6,947,745 | +€6.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,919,032 | +€5.9m | |
| Remuneration, social security and pensions | 62 | €285,619 | €417,375 | +€131,756 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,912 | €4,510 | -€14,402 | -76.2% |
| Other operating charges | 640/8 | €8,295 | €1,443 | -€6,852 | -82.6% |
| Gross operating margin | 9900 | €609,115 | €1,030,461 | +€421,346 | +69.2% |
| Operating profit (loss) | 9901 | €296,290 | €607,133 | +€310,843 | +105% |
| Financial income | 75/76B | €50 | €4 | -€46 | -92.0% |
| Recurring financial income | 75 | €50 | €4 | -€46 | -92.0% |
| Financial charges | 65/66B | €251 | €727 | +€476 | +190% |
| Recurring financial charges | 65 | €251 | €727 | +€476 | +190% |
| Profit (loss) for the period before taxes | 9903 | €296,089 | €606,410 | +€310,321 | +105% |
| Income taxes | 67/77 | €114,954 | €18,103 | -€96,851 | -84.3% |
| Profit (loss) for the period | 9904 | €181,135 | €588,307 | +€407,172 | +225% |
| Profit (loss) for the period to be appropriated | 9905 | €181,135 | €588,307 | +€407,172 | +225% |
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 24 October 2026 via checked.be.