ALHAMD TRADES: 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.
ALHAMD TRADES
Largest movements
- Cash +€32,167
up €32,167 (+34.0%), from €94,508 to €126,675
mainly Receivables within one year (+€30,561) and Depreciation (+€30,315)
- Receivables within one year -€30,561
down €30,561 (-89.8%), from €34,022 to €3,462
- Tangible fixed assets -€30,315
down €30,315 (-8.5%), from €355,839 to €325,523
of which Land and buildings: -€25,809
- Receivables after one year -€9,281
down €9,281 (-48.0%), from €19,337 to €10,056
- Stocks and contracts -€7,944
down €7,944 (-21.1%), from €37,600 to €29,656
- Current portion of long-term debt -€40,858
down €40,858 (-76.0%), from €53,758 to €12,900
- Trade debts -€25,168
down €25,168 (-24.8%), from €101,571 to €76,403
- Debts after one year +€24,362
up €24,362 (+9.3%), from €261,821 to €286,183
- Reserves +€15,579
up €15,579 (+34.0%), from €45,828 to €61,407
of which Distributable reserves: +€15,579
- Tax, wage and social debts -€12,750
down €12,750 (-61.5%), from €20,728 to €7,978
of which Taxes: -€9,106
- Gross operating margin -€9,251
down €9,251 (-10.2%), from €90,637 to €81,386
- Taxes -€8,746
down €8,746 (-70.2%), from €12,455 to €3,709
- Financial charges -€3,436
down €3,436 (-27.7%), from €12,388 to €8,952
- Depreciation +€2,227
up €2,227 (+7.9%), from €28,089 to €30,315
- Staff costs -€1,708
down €1,708 (-9.7%), from €17,635 to €15,927
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 | €543,243 | €496,409 | -€46,834 | -8.6% |
| Fixed assets | 21/28 | €355,839 | €325,523 | -€30,315 | -8.5% |
| Tangible fixed assets | 22/27 | €355,839 | €325,523 | -€30,315 | -8.5% |
| Land and buildings | 22 | €336,787 | €310,979 | -€25,809 | -7.7% |
| Plant, machinery and equipment | 23 | €2,602 | €795 | -€1,807 | -69.4% |
| Furniture and vehicles | 24 | €16,450 | €13,750 | -€2,700 | -16.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €187,404 | €170,885 | -€16,518 | -8.8% |
| Amounts receivable after more than one year | 29 | €19,337 | €10,056 | -€9,281 | -48.0% |
| Trade receivables | 290 | €19,337 | €10,056 | -€9,281 | -48.0% |
| Stocks and contracts in progress | 3 | €37,600 | €29,656 | -€7,944 | -21.1% |
| Stocks | 30/36 | €37,600 | €29,656 | -€7,944 | -21.1% |
| Amounts receivable within one year | 40/41 | €34,022 | €3,462 | -€30,561 | -89.8% |
| Other amounts receivable | 41 | €34,022 | €3,462 | -€30,561 | -89.8% |
| Cash at bank and in hand | 54/58 | €94,508 | €126,675 | +€32,167 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,936 | €1,037 | -€900 | -46.5% |
| Total equity and liabilities | 10/49 | €543,243 | €496,409 | -€46,834 | -8.6% |
| Equity | 10/15 | €64,596 | €80,175 | +€15,579 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,828 | €61,407 | +€15,579 | +34.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €37,468 | €53,047 | +€15,579 | +41.6% |
| Profit (loss) carried forward | 14 | €168 | €168 | = | 0.0% |
| Provisions and deferred taxes | 16 | €16,768 | €16,768 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €16,768 | €16,768 | = | 0.0% |
| Pensions and similar obligations | 160 | €16,768 | €16,768 | = | 0.0% |
| Amounts payable | 17/49 | €461,878 | €399,465 | -€62,413 | -13.5% |
| Amounts payable after more than one year | 17 | €261,821 | €286,183 | +€24,362 | +9.3% |
| Financial debts | 170/4 | €261,821 | €286,183 | +€24,362 | +9.3% |
| Amounts payable within one year | 42/48 | €176,057 | €97,282 | -€78,775 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €53,758 | €12,900 | -€40,858 | -76.0% |
| Trade debts | 44 | €101,571 | €76,403 | -€25,168 | -24.8% |
| Suppliers | 440/4 | €101,571 | €76,403 | -€25,168 | -24.8% |
| Taxes, remuneration and social security | 45 | €20,728 | €7,978 | -€12,750 | -61.5% |
| Taxes | 450/3 | €16,417 | €7,311 | -€9,106 | -55.5% |
| Remuneration and social security | 454/9 | €4,312 | €667 | -€3,644 | -84.5% |
| Accrued charges and deferred income | 492/3 | €24,000 | €16,000 | -€8,000 | -33.3% |
| Remuneration, social security and pensions | 62 | €17,635 | €15,927 | -€1,708 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,089 | €30,315 | +€2,227 | +7.9% |
| Other operating charges | 640/8 | €6,680 | €7,154 | +€474 | +7.1% |
| Gross operating margin | 9900 | €90,637 | €81,386 | -€9,251 | -10.2% |
| Operating profit (loss) | 9901 | €38,233 | €27,990 | -€10,243 | -26.8% |
| Financial income | 75/76B | €1,327 | €250 | -€1,077 | -81.2% |
| Recurring financial income | 75 | €1,327 | €250 | -€1,077 | -81.2% |
| Financial charges | 65/66B | €12,388 | €8,952 | -€3,436 | -27.7% |
| Recurring financial charges | 65 | €12,388 | €8,952 | -€3,436 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €27,172 | €19,288 | -€7,884 | -29.0% |
| Income taxes | 67/77 | €12,455 | €3,709 | -€8,746 | -70.2% |
| Profit (loss) for the period | 9904 | €14,718 | €15,579 | +€862 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,718 | €15,579 | +€862 | +5.9% |
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 16 October 2026 via checked.be.