a.LEX: 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.
a.LEX
Largest movements
- Tangible fixed assets -€15,965
down €15,965 (-36.1%), from €44,184 to €28,220
of which Furniture and vehicles: -€15,474
- Cash +€11,314
up €11,314 (+166.7%), from €6,788 to €18,102
mainly Depreciation (+€15,965) and Net result for the year (+€13,149)
- Reserves +€13,149
up €13,149 (+36.6%), from €35,906 to €49,056
- Debts after one year -€11,608
down €11,608 (-51.1%), from €22,734 to €11,127
- Tax, wage and social debts -€2,272
down €2,272 (-29.5%), from €7,708 to €5,436
of which Remuneration and social security: -€2,500
- Trade debts -€2,012
down €2,012 (-53.9%), from €3,736 to €1,724
- Gross operating margin +€6,682
up €6,682 (+21.2%), from €31,513 to €38,196
- Taxes +€1,291
up €1,291 (+23.3%), from €5,549 to €6,840
- Financial charges -€529
down €529 (-32.4%), from €1,632 to €1,103
- Other operating charges +€479
up €479 (+72.3%), from €662 to €1,141
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.
Cash bridge derived
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 | €98,351 | €93,866 | -€4,485 | -4.6% |
| Fixed assets | 21/28 | €44,184 | €28,220 | -€15,965 | -36.1% |
| Tangible fixed assets | 22/27 | €44,184 | €28,220 | -€15,965 | -36.1% |
| Plant, machinery and equipment | 23 | €1,225 | €733 | -€491 | -40.1% |
| Furniture and vehicles | 24 | €42,960 | €27,486 | -€15,474 | -36.0% |
| Current assets | 29/58 | €54,167 | €65,646 | +€11,480 | +21.2% |
| Amounts receivable within one year | 40/41 | €47,379 | €47,544 | +€166 | +0.3% |
| Trade receivables | 40 | €39,911 | €41,384 | +€1,473 | +3.7% |
| Other amounts receivable | 41 | €7,467 | €6,160 | -€1,307 | -17.5% |
| Cash at bank and in hand | 54/58 | €6,788 | €18,102 | +€11,314 | +166.7% |
| Total equity and liabilities | 10/49 | €98,351 | €93,866 | -€4,485 | -4.6% |
| Equity | 10/15 | €48,933 | €62,082 | +€13,149 | +26.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,906 | €49,056 | +€13,149 | +36.6% |
| Distributable reserves | 133 | €35,906 | €49,056 | +€13,149 | +36.6% |
| Profit (loss) carried forward | 14 | €626 | €626 | = | 0.0% |
| Amounts payable | 17/49 | €49,419 | €31,784 | -€17,635 | -35.7% |
| Amounts payable after more than one year | 17 | €22,734 | €11,127 | -€11,608 | -51.1% |
| Financial debts | 170/4 | €22,734 | €11,127 | -€11,608 | -51.1% |
| Amounts payable within one year | 42/48 | €25,930 | €20,452 | -€5,477 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €12,280 | €11,424 | -€855 | -7.0% |
| Trade debts | 44 | €3,736 | €1,724 | -€2,012 | -53.9% |
| Suppliers | 440/4 | €3,736 | €1,724 | -€2,012 | -53.9% |
| Taxes, remuneration and social security | 45 | €7,708 | €5,436 | -€2,272 | -29.5% |
| Taxes | 450/3 | €2,708 | €2,936 | +€228 | +8.4% |
| Remuneration and social security | 454/9 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Other amounts payable | 47/48 | €2,206 | €1,868 | -€338 | -15.3% |
| Accrued charges and deferred income | 492/3 | €755 | €205 | -€550 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,723 | €15,965 | +€242 | +1.5% |
| Other operating charges | 640/8 | €662 | €1,141 | +€479 | +72.3% |
| Gross operating margin | 9900 | €31,513 | €38,196 | +€6,682 | +21.2% |
| Operating profit (loss) | 9901 | €15,129 | €21,090 | +€5,962 | +39.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,632 | €1,103 | -€529 | -32.4% |
| Recurring financial charges | 65 | €1,632 | €1,103 | -€529 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €13,497 | €19,989 | +€6,493 | +48.1% |
| Income taxes | 67/77 | €5,549 | €6,840 | +€1,291 | +23.3% |
| Profit (loss) for the period | 9904 | €7,947 | €13,149 | +€5,202 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,947 | €13,149 | +€5,202 | +65.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.