Aly Baba: what changed
Two fiscal 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.
Aly Baba
Largest movements
- Cash +€105,417
up €105,417 (+222.8%), from €47,309 to €152,727
mainly Net result for the year (+€109,450) and Provisions (+€50,000)
- Receivables within one year +€68,775
up €68,775 (+268.3%), from €25,630 to €94,405
- Tangible fixed assets -€10,214
down €10,214 (-24.8%), from €41,256 to €31,042
of which Plant, machinery and equipment: -€5,873
- Reserves +€70,000
up €70,000 (+218.8%), from €32,000 to €102,000
- Provisions +€50,000
new in 2024: €50,000
- Profit (loss) carried forward +€39,450
up €39,450 (+113.2%), from €34,851 to €74,300
- Tax, wage and social debts +€10,385
up €10,385 (+40.9%), from €25,368 to €35,753
of which Taxes: +€17,101
- Trade debts -€5,960
down €5,960 (-34.8%), from €17,150 to €11,190
- Gross operating margin +€201,870
up €201,870 (+215.3%), from €93,778 to €295,647
- Provisions +€50,000
new in 2024: €50,000
- Taxes +€42,900
up €42,900 (+650.0%), from €6,600 to €49,500
- Staff costs +€9,764
up €9,764 (+21.9%), from €44,594 to €54,358
- Depreciation +€4,647
up €4,647 (+56.0%), from €8,295 to €12,941
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.
Cash bridge derived
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 | €114,368 | €278,243 | +€163,875 | +143.3% |
| Fixed assets | 21/28 | €41,256 | €31,042 | -€10,214 | -24.8% |
| Tangible fixed assets | 22/27 | €41,256 | €31,042 | -€10,214 | -24.8% |
| Land and buildings | 22 | €21,842 | €17,527 | -€4,315 | -19.8% |
| Plant, machinery and equipment | 23 | €19,388 | €13,515 | -€5,873 | -30.3% |
| Furniture and vehicles | 24 | €26 | - | -€26 | |
| Current assets | 29/58 | €73,112 | €247,201 | +€174,089 | +238.1% |
| Amounts receivable within one year | 40/41 | €25,630 | €94,405 | +€68,775 | +268.3% |
| Other amounts receivable | 41 | €25,630 | €94,405 | +€68,775 | +268.3% |
| Cash at bank and in hand | 54/58 | €47,309 | €152,727 | +€105,417 | +222.8% |
| Deferred charges and accrued income | 490/1 | €173 | €70 | -€103 | -59.6% |
| Total equity and liabilities | 10/49 | €114,368 | €278,243 | +€163,875 | +143.3% |
| Equity | 10/15 | €71,851 | €181,300 | +€109,450 | +152.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €102,000 | +€70,000 | +218.8% |
| Distributable reserves | 133 | €32,000 | €102,000 | +€70,000 | +218.8% |
| Profit (loss) carried forward | 14 | €34,851 | €74,300 | +€39,450 | +113.2% |
| Provisions and deferred taxes | 16 | - | €50,000 | +€50,000 | |
| Provisions for liabilities and charges | 160/5 | - | €50,000 | +€50,000 | |
| Major repairs and maintenance | 162 | - | €50,000 | +€50,000 | |
| Amounts payable | 17/49 | €42,518 | €46,943 | +€4,425 | +10.4% |
| Amounts payable within one year | 42/48 | €42,518 | €46,943 | +€4,425 | +10.4% |
| Trade debts | 44 | €17,150 | €11,190 | -€5,960 | -34.8% |
| Suppliers | 440/4 | €17,150 | €11,190 | -€5,960 | -34.8% |
| Taxes, remuneration and social security | 45 | €25,368 | €35,753 | +€10,385 | +40.9% |
| Taxes | 450/3 | €14,526 | €31,627 | +€17,101 | +117.7% |
| Remuneration and social security | 454/9 | €10,842 | €4,126 | -€6,715 | -61.9% |
| Remuneration, social security and pensions | 62 | €44,594 | €54,358 | +€9,764 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,295 | €12,941 | +€4,647 | +56.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €50,000 | +€50,000 | |
| Other operating charges | 640/8 | €14,060 | €18,324 | +€4,264 | +30.3% |
| Gross operating margin | 9900 | €93,778 | €295,647 | +€201,870 | +215.3% |
| Operating profit (loss) | 9901 | €26,829 | €160,024 | +€133,195 | +496.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,989 | €1,074 | -€914 | -46.0% |
| Recurring financial charges | 65 | €1,989 | €1,074 | -€914 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €24,841 | €158,950 | +€134,109 | +539.9% |
| Income taxes | 67/77 | €6,600 | €49,500 | +€42,900 | +650.0% |
| Profit (loss) for the period | 9904 | €18,241 | €109,450 | +€91,209 | +500.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,241 | €109,450 | +€91,209 | +500.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.