ALNABAH: 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.
ALNABAH
Largest movements
- Cash +€9,100
up €9,100 (+58.0%), from €15,698 to €24,798
mainly Tax, wage and social debts (+€8,012) and Depreciation (+€5,579)
- Receivables within one year -€3,012
down €3,012 (-24.1%), from €12,504 to €9,492
of which Trade receivables: -€3,715
- Tangible fixed assets -€2,752
down €2,752 (-17.7%), from €15,550 to €12,798
of which Furniture and vehicles: -€4,898
- Trade debts -€9,019
down €9,019 (-47.0%), from €19,179 to €10,160
- Tax, wage and social debts +€8,012
up €8,012 (+88.9%), from €9,009 to €17,021
of which Taxes: +€10,143
- Profit (loss) carried forward +€4,112
up €4,112 (+37.1%), from €11,089 to €15,201
- Gross operating margin +€8,269
up €8,269 (+52.4%), from €15,769 to €24,037
- Staff costs -€1,585
down €1,585 (-18.2%), from €8,687 to €7,102
- Taxes +€1,179
new in 2025: €1,179
- Other operating charges +€1,174
up €1,174 (+35.6%), from €3,301 to €4,476
- Financial charges +€1,104
up €1,104 (+223%), from €496 to €1,600
From the 2024 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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,277 | €50,863 | +€3,586 | +7.6% |
| Fixed assets | 21/28 | €15,780 | €13,269 | -€2,511 | -15.9% |
| Tangible fixed assets | 22/27 | €15,550 | €12,798 | -€2,752 | -17.7% |
| Plant, machinery and equipment | 23 | €1,557 | €3,946 | +€2,389 | +153% |
| Furniture and vehicles | 24 | €13,750 | €8,852 | -€4,898 | -35.6% |
| Other tangible fixed assets | 26 | €243 | - | -€243 | |
| Financial fixed assets | 28 | €230 | €471 | +€241 | +105% |
| Current assets | 29/58 | €31,497 | €37,594 | +€6,096 | +19.4% |
| Stocks and contracts in progress | 3 | €3,000 | €3,163 | +€163 | +5.4% |
| Stocks | 30/36 | €3,000 | €3,163 | +€163 | +5.4% |
| Amounts receivable within one year | 40/41 | €12,504 | €9,492 | -€3,012 | -24.1% |
| Trade receivables | 40 | €3,715 | - | -€3,715 | |
| Other amounts receivable | 41 | €8,788 | €9,492 | +€703 | +8.0% |
| Cash at bank and in hand | 54/58 | €15,698 | €24,798 | +€9,100 | +58.0% |
| Deferred charges and accrued income | 490/1 | €296 | €141 | -€155 | -52.3% |
| Total equity and liabilities | 10/49 | €47,277 | €50,863 | +€3,586 | +7.6% |
| Equity | 10/15 | €19,089 | €23,201 | +€4,112 | +21.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,089 | €15,201 | +€4,112 | +37.1% |
| Amounts payable | 17/49 | €28,188 | €27,662 | -€527 | -1.9% |
| Amounts payable within one year | 42/48 | €28,188 | €27,662 | -€527 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | -€0 | |
| Trade debts | 44 | €19,179 | €10,160 | -€9,019 | -47.0% |
| Suppliers | 440/4 | €19,179 | €10,160 | -€9,019 | -47.0% |
| Advances received on contracts in progress | 46 | - | €480 | +€480 | |
| Taxes, remuneration and social security | 45 | €9,009 | €17,021 | +€8,012 | +88.9% |
| Taxes | 450/3 | €1,586 | €11,729 | +€10,143 | +640% |
| Remuneration and social security | 454/9 | €7,423 | €5,292 | -€2,131 | -28.7% |
| Remuneration, social security and pensions | 62 | €8,687 | €7,102 | -€1,585 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,445 | €5,579 | +€133 | +2.4% |
| Other operating charges | 640/8 | €3,301 | €4,476 | +€1,174 | +35.6% |
| Gross operating margin | 9900 | €15,769 | €24,037 | +€8,269 | +52.4% |
| Operating profit (loss) | 9901 | -€1,665 | €6,881 | +€8,546 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €496 | €1,600 | +€1,104 | +223% |
| Recurring financial charges | 65 | €496 | €1,600 | +€1,104 | +223% |
| Profit (loss) for the period before taxes | 9903 | -€2,161 | €5,292 | +€7,453 | |
| Income taxes | 67/77 | - | €1,179 | +€1,179 | |
| Profit (loss) for the period | 9904 | -€2,161 | €4,112 | +€6,273 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,161 | €4,112 | +€6,273 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.