ASMAK AL KARAM: what changed
ASMAK AL KARAM
Largest movements
- Cash +€1,477
up €1,477 (+29.1%), from €5,079 to €6,556
mainly Other debts (+€4,500) and Tax, wage and social debts (+€367)
- Receivables within one year +€1,432
up €1,432 (+17.6%), from €8,115 to €9,548
- Other debts +€4,500
new in 2025: €4,500
- Trade debts -€1,631
down €1,631 (-26.5%), from €6,153 to €4,523
- Profit (loss) carried forward -€378
down €378 (-3.7%), from €10,313 to €9,935
- Tax, wage and social debts +€367
up €367 (+161%), from €228 to €596
- Gross operating margin +€1,568
up €1,568 (+1,331%), from €118 to €1,686
- Taxes -€1,363
down €1,363 (-48.1%), from €2,836 to €1,473
- Other operating charges +€425
new in 2025: €425
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 | €19,695 | €22,554 | +€2,859 | +14.5% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €13,695 | €16,554 | +€2,859 | +20.9% |
| Stocks and contracts in progress | 3 | €500 | €450 | -€50 | -10.0% |
| Stocks | 30/36 | €500 | €450 | -€50 | -10.0% |
| Amounts receivable within one year | 40/41 | €8,115 | €9,548 | +€1,432 | +17.6% |
| Other amounts receivable | 41 | €8,115 | €9,548 | +€1,432 | +17.6% |
| Cash at bank and in hand | 54/58 | €5,079 | €6,556 | +€1,477 | +29.1% |
| Total equity and liabilities | 10/49 | €19,695 | €22,554 | +€2,859 | +14.5% |
| Equity | 10/15 | €13,313 | €12,935 | -€378 | -2.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,313 | €9,935 | -€378 | -3.7% |
| Amounts payable | 17/49 | €6,382 | €9,618 | +€3,236 | +50.7% |
| Amounts payable within one year | 42/48 | €6,382 | €9,618 | +€3,236 | +50.7% |
| Trade debts | 44 | €6,153 | €4,523 | -€1,631 | -26.5% |
| Suppliers | 440/4 | €6,153 | €4,523 | -€1,631 | -26.5% |
| Taxes, remuneration and social security | 45 | €228 | €596 | +€367 | +161% |
| Taxes | 450/3 | €228 | €596 | +€367 | +161% |
| Other amounts payable | 47/48 | - | €4,500 | +€4,500 | |
| Other operating charges | 640/8 | - | €425 | +€425 | |
| Gross operating margin | 9900 | €118 | €1,686 | +€1,568 | +1,331% |
| Operating profit (loss) | 9901 | €118 | €1,261 | +€1,143 | +970% |
| Financial charges | 65/66B | €158 | €166 | +€8 | +5.1% |
| Recurring financial charges | 65 | €158 | €166 | +€8 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€40 | €1,095 | +€1,135 | |
| Income taxes | 67/77 | €2,836 | €1,473 | -€1,363 | -48.1% |
| Profit (loss) for the period | 9904 | -€2,876 | -€378 | +€2,498 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,876 | -€378 | +€2,498 | +86.9% |
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 5 November 2026 via checked.be.