Ali ORAYBI: what changed
Ali ORAYBI
Largest movements
- Receivables within one year -€216,845
down €216,845 (-74.9%), from €289,455 to €72,610
of which Trade receivables: -€224,580
- Deferred charges and accrued income +€215,602
up €215,602 (+14,085%), from €1,531 to €217,133
- Cash -€167,309
down €167,309 (-86.5%), from €193,349 to €26,040
mainly Advances received (-€301,445) and Deferred charges and accrued income (-€215,602)
- Stocks and contracts -€85,200
down €85,200 (-50.1%), from €170,200 to €85,000
- Tangible fixed assets +€7,875
up €7,875 (+76.1%), from €10,350 to €18,225
of which Other tangible fixed assets: +€11,523
- Advances received -€301,445
down €301,445 (-87.7%), from €343,550 to €42,105
- Reserves +€151,001
up €151,001 (+486%), from €31,059 to €182,059
- Other debts -€87,350
down €87,350 (-86.4%), from €101,116 to €13,766
- Tax, wage and social debts -€12,343
down €12,343 (-71.3%), from €17,305 to €4,962
of which Taxes: -€13,140
- Gross operating margin +€161,259
up €161,259 (+1,037%), from €15,550 to €176,808
- Staff costs +€8,947
up €8,947 (+316%), from €2,827 to €11,774
- Financial charges +€2,212
up €2,212 (+45.6%), from €4,848 to €7,060
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €664,884 | €419,007 | -€245,877 | -37.0% |
| Fixed assets | 21/28 | €10,350 | €18,225 | +€7,875 | +76.1% |
| Tangible fixed assets | 22/27 | €10,350 | €18,225 | +€7,875 | +76.1% |
| Plant, machinery and equipment | 23 | €2,358 | €1,510 | -€848 | -36.0% |
| Furniture and vehicles | 24 | €7,992 | €5,193 | -€2,800 | -35.0% |
| Other tangible fixed assets | 26 | - | €11,523 | +€11,523 | |
| Current assets | 29/58 | €654,534 | €400,782 | -€253,752 | -38.8% |
| Stocks and contracts in progress | 3 | €170,200 | €85,000 | -€85,200 | -50.1% |
| Stocks | 30/36 | €170,200 | €85,000 | -€85,200 | -50.1% |
| Amounts receivable within one year | 40/41 | €289,455 | €72,610 | -€216,845 | -74.9% |
| Trade receivables | 40 | €284,238 | €59,658 | -€224,580 | -79.0% |
| Other amounts receivable | 41 | €5,217 | €12,952 | +€7,735 | +148% |
| Cash at bank and in hand | 54/58 | €193,349 | €26,040 | -€167,309 | -86.5% |
| Deferred charges and accrued income | 490/1 | €1,531 | €217,133 | +€215,602 | +14,085% |
| Total equity and liabilities | 10/49 | €664,884 | €419,007 | -€245,877 | -37.0% |
| Equity | 10/15 | €32,559 | €183,559 | +€151,001 | +464% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €31,059 | €182,059 | +€151,001 | +486% |
| Distributable reserves | 133 | €31,059 | €182,059 | +€151,001 | +486% |
| Amounts payable | 17/49 | €632,326 | €235,448 | -€396,878 | -62.8% |
| Amounts payable within one year | 42/48 | €631,826 | €235,448 | -€396,378 | -62.7% |
| Trade debts | 44 | €169,855 | €174,615 | +€4,761 | +2.8% |
| Suppliers | 440/4 | €169,855 | €174,615 | +€4,761 | +2.8% |
| Advances received on contracts in progress | 46 | €343,550 | €42,105 | -€301,445 | -87.7% |
| Taxes, remuneration and social security | 45 | €17,305 | €4,962 | -€12,343 | -71.3% |
| Taxes | 450/3 | €17,143 | €4,003 | -€13,140 | -76.6% |
| Remuneration and social security | 454/9 | €163 | €959 | +€796 | +490% |
| Other amounts payable | 47/48 | €101,116 | €13,766 | -€87,350 | -86.4% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €2,827 | €11,774 | +€8,947 | +316% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,986 | €4,340 | +€1,354 | +45.4% |
| Other operating charges | 640/8 | €1,376 | €1,550 | +€174 | +12.7% |
| Gross operating margin | 9900 | €15,550 | €176,808 | +€161,259 | +1,037% |
| Operating profit (loss) | 9901 | €8,361 | €159,145 | +€150,784 | +1,803% |
| Financial charges | 65/66B | €4,848 | €7,060 | +€2,212 | +45.6% |
| Recurring financial charges | 65 | €4,848 | €7,060 | +€2,212 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €3,513 | €152,085 | +€148,572 | +4,229% |
| Income taxes | 67/77 | €2,019 | €1,084 | -€934 | -46.3% |
| Profit (loss) for the period | 9904 | €1,495 | €151,001 | +€149,506 | +10,004% |
| Profit (loss) for the period to be appropriated | 9905 | €1,495 | €151,001 | +€149,506 | +10,004% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.