EL BADR: 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.
EL BADR
Largest movements
- Stocks and contracts -€8,432
no longer reported in 2024 (was €8,432)
- Cash -€2,243
down €2,243 (-100.0%), from €2,244 to €0
mainly Net result for the year (-€44,782) and Receivables within one year (-€1,474)
- Receivables within one year +€1,474
up €1,474 (+38.9%), from €3,789 to €5,262
- Profit (loss) carried forward -€44,782
down €44,782 (-151%), from -€29,738 to -€74,520
- Other debts +€35,941
up €35,941 (+154%), from €23,350 to €59,291
- Trade debts -€360
no longer reported in 2024 (was €360)
- Gross operating margin -€33,470
down €33,470 (-311%), from -€10,749 to -€44,219
- Financial charges +€1,109
up €1,109, from -€532 to €577
- Other operating charges -€659
no longer reported in 2024 (was €659)
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.
Derived cash bridge
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 | €14,614 | €5,413 | -€9,201 | -63.0% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €14,464 | €5,263 | -€9,201 | -63.6% |
| Stocks and contracts in progress | 3 | €8,432 | - | -€8,432 | |
| Stocks | 30/36 | €8,432 | - | -€8,432 | |
| Amounts receivable within one year | 40/41 | €3,789 | €5,262 | +€1,474 | +38.9% |
| Other amounts receivable | 41 | €3,789 | €5,262 | +€1,474 | +38.9% |
| Cash at bank and in hand | 54/58 | €2,244 | €0 | -€2,243 | -100.0% |
| Total equity and liabilities | 10/49 | €14,614 | €5,413 | -€9,201 | -63.0% |
| Equity | 10/15 | -€9,095 | -€53,878 | -€44,782 | -492% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €2,050 | €2,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,050 | €2,050 | = | 0.0% |
| Legal reserve | 130 | €2,050 | - | -€2,050 | |
| Reserves not available under the articles | 1311 | - | €2,050 | +€2,050 | |
| Profit (loss) carried forward | 14 | -€29,738 | -€74,520 | -€44,782 | -151% |
| Amounts payable | 17/49 | €23,710 | €59,291 | +€35,581 | +150% |
| Amounts payable within one year | 42/48 | €23,710 | €59,291 | +€35,581 | +150% |
| Trade debts | 44 | €360 | - | -€360 | |
| Suppliers | 440/4 | €360 | - | -€360 | |
| Other amounts payable | 47/48 | €23,350 | €59,291 | +€35,941 | +154% |
| Other operating charges | 640/8 | €659 | - | -€659 | |
| Gross operating margin | 9900 | -€10,749 | -€44,219 | -€33,470 | -311% |
| Operating profit (loss) | 9901 | -€11,408 | -€44,219 | -€32,811 | -288% |
| Financial income | 75/76B | €2 | €13 | +€11 | +540% |
| Recurring financial income | 75 | €2 | €13 | +€11 | +540% |
| Non-recurring financial income | 76B | - | €13 | +€13 | |
| Financial charges | 65/66B | -€532 | €577 | +€1,109 | |
| Recurring financial charges | 65 | -€532 | €577 | +€1,109 | |
| Profit (loss) for the period before taxes | 9903 | -€10,874 | -€44,782 | -€33,909 | -312% |
| Profit (loss) for the period | 9904 | -€10,874 | -€44,782 | -€33,909 | -312% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,874 | -€44,782 | -€33,909 | -312% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.