ALI BABA INTERNATIONAL: 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.
ALI BABA INTERNATIONAL
Largest movements
- Stocks and contracts +€62,434
up €62,434 (+79.6%), from €78,435 to €140,869
- Receivables within one year -€53,358
down €53,358 (-88.7%), from €60,176 to €6,819
of which Trade receivables: -€49,391
- Cash +€38,702
up €38,702 (+99.3%), from €38,988 to €77,690
- Tangible fixed assets -€4,499
down €4,499 (-67.4%), from €6,674 to €2,175
of which Furniture and vehicles: -€4,350
- Trade debts +€45,384
up €45,384 (+60.8%), from €74,656 to €120,040
- Tax, wage and social debts -€15,507
down €15,507 (-78.3%), from €19,797 to €4,290
of which Taxes: -€17,684
- Other debts +€11,532
new in 2025: €11,532
- Turnover -€2.3m
no longer reported in 2025 (was €2.3m)
- Purchases and services -€2.2m
no longer reported in 2025 (was €2.2m)
- Gross operating margin -€32,454
down €32,454 (-39.9%), from €81,352 to €48,898
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,273 | €227,947 | +€43,674 | +23.7% |
| Fixed assets | 21/28 | €6,674 | €2,175 | -€4,499 | -67.4% |
| Tangible fixed assets | 22/27 | €6,674 | €2,175 | -€4,499 | -67.4% |
| Plant, machinery and equipment | 23 | €149 | - | -€149 | |
| Furniture and vehicles | 24 | €6,525 | €2,175 | -€4,350 | -66.7% |
| Current assets | 29/58 | €177,599 | €225,772 | +€48,173 | +27.1% |
| Stocks and contracts in progress | 3 | €78,435 | €140,869 | +€62,434 | +79.6% |
| Stocks | 30/36 | €78,435 | €140,869 | +€62,434 | +79.6% |
| Amounts receivable within one year | 40/41 | €60,176 | €6,819 | -€53,358 | -88.7% |
| Trade receivables | 40 | €53,468 | €4,077 | -€49,391 | -92.4% |
| Other amounts receivable | 41 | €6,708 | €2,742 | -€3,967 | -59.1% |
| Cash at bank and in hand | 54/58 | €38,988 | €77,690 | +€38,702 | +99.3% |
| Deferred charges and accrued income | 490/1 | - | €395 | +€395 | |
| Total equity and liabilities | 10/49 | €184,273 | €227,947 | +€43,674 | +23.7% |
| Equity | 10/15 | €89,820 | €92,084 | +€2,264 | +2.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €74,284 | €74,284 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,284 | €4,284 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,284 | €4,284 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,535 | €7,800 | +€2,264 | +40.9% |
| Amounts payable | 17/49 | €94,453 | €135,863 | +€41,409 | +43.8% |
| Amounts payable within one year | 42/48 | €94,453 | €135,863 | +€41,409 | +43.8% |
| Trade debts | 44 | €74,656 | €120,040 | +€45,384 | +60.8% |
| Suppliers | 440/4 | €74,656 | €120,040 | +€45,384 | +60.8% |
| Taxes, remuneration and social security | 45 | €19,797 | €4,290 | -€15,507 | -78.3% |
| Taxes | 450/3 | €19,797 | €2,113 | -€17,684 | -89.3% |
| Remuneration and social security | 454/9 | - | €2,177 | +€2,177 | |
| Other amounts payable | 47/48 | - | €11,532 | +€11,532 | |
| Turnover | 70 | €2,282,829 | - | -€2.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,201,476 | - | -€2.2m | |
| Remuneration, social security and pensions | 62 | €24,222 | €38,980 | +€14,758 | +60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,249 | €2,250 | +€0 | 0.0% |
| Other operating charges | 640/8 | €326 | €523 | +€197 | +60.2% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €81,352 | €48,898 | -€32,454 | -39.9% |
| Operating profit (loss) | 9901 | €54,504 | €7,145 | -€47,359 | -86.9% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €238 | €6,216 | +€5,978 | +2,507% |
| Recurring financial charges | 65 | €238 | €6,216 | +€5,978 | +2,507% |
| Profit (loss) for the period before taxes | 9903 | €54,266 | €1,029 | -€53,237 | -98.1% |
| Income taxes | 67/77 | €15,051 | €232 | -€14,819 | -98.5% |
| Profit (loss) for the period | 9904 | €39,215 | €797 | -€38,418 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,215 | €797 | -€38,418 | -98.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.