LIBAN MARKET: 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.
LIBAN MARKET
Largest movements
- Stocks and contracts +€32,899
up €32,899 (+142.4%), from €23,110 to €56,009
- Receivables within one year +€2,867
up €2,867 (+220.2%), from €1,302 to €4,168
of which Other amounts receivable: +€1,961
- Trade debts +€35,332
up €35,332 (+242.5%), from €14,571 to €49,903
- Tax, wage and social debts -€2,507
down €2,507 (-20.5%), from €12,229 to €9,723
of which Taxes: -€2,849
- Profit (loss) carried forward +€1,430
up €1,430 (+18.5%), from €7,727 to €9,156
- Other debts +€820
new in 2024: €820
- Taxes -€1,204
no longer reported in 2024 (was €1,204)
- Financial charges +€740
up €740 (+1214.9%), from €61 to €801
- Other operating charges -€645
down €645 (-41.1%), from €1,571 to €926
- Gross operating margin -€483
down €483 (-13.3%), from €3,639 to €3,156
- Depreciation -€83
no longer reported in 2024 (was €83)
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 | €40,528 | €75,602 | +€35,075 | +86.5% |
| Fixed assets | 21/28 | €2,925 | €2,925 | = | 0.0% |
| Financial fixed assets | 28 | €2,925 | €2,925 | = | 0.0% |
| Current assets | 29/58 | €37,603 | €72,677 | +€35,075 | +93.3% |
| Stocks and contracts in progress | 3 | €23,110 | €56,009 | +€32,899 | +142.4% |
| Stocks | 30/36 | €23,110 | €56,009 | +€32,899 | +142.4% |
| Amounts receivable within one year | 40/41 | €1,302 | €4,168 | +€2,867 | +220.2% |
| Trade receivables | 40 | - | €906 | +€906 | |
| Other amounts receivable | 41 | €1,302 | €3,262 | +€1,961 | +150.6% |
| Cash at bank and in hand | 54/58 | €13,191 | €12,500 | -€691 | -5.2% |
| Total equity and liabilities | 10/49 | €40,528 | €75,602 | +€35,075 | +86.5% |
| Equity | 10/15 | €13,727 | €15,156 | +€1,430 | +10.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,727 | €9,156 | +€1,430 | +18.5% |
| Amounts payable | 17/49 | €26,801 | €60,446 | +€33,645 | +125.5% |
| Amounts payable within one year | 42/48 | €26,801 | €60,446 | +€33,645 | +125.5% |
| Trade debts | 44 | €14,571 | €49,903 | +€35,332 | +242.5% |
| Suppliers | 440/4 | €14,571 | €49,903 | +€35,332 | +242.5% |
| Taxes, remuneration and social security | 45 | €12,229 | €9,723 | -€2,507 | -20.5% |
| Taxes | 450/3 | €4,122 | €1,273 | -€2,849 | -69.1% |
| Remuneration and social security | 454/9 | €8,108 | €8,450 | +€342 | +4.2% |
| Other amounts payable | 47/48 | - | €820 | +€820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | - | -€83 | |
| Other operating charges | 640/8 | €1,571 | €926 | -€645 | -41.1% |
| Gross operating margin | 9900 | €3,639 | €3,156 | -€483 | -13.3% |
| Operating profit (loss) | 9901 | €1,984 | €2,230 | +€246 | +12.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61 | €801 | +€740 | +1214.9% |
| Recurring financial charges | 65 | €61 | €801 | +€740 | +1214.9% |
| Profit (loss) for the period before taxes | 9903 | €1,923 | €1,430 | -€494 | -25.7% |
| Income taxes | 67/77 | €1,204 | - | -€1,204 | |
| Profit (loss) for the period | 9904 | €720 | €1,430 | +€710 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €720 | €1,430 | +€710 | +98.7% |
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 10 October 2026 via checked.be.