Alegrex: 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.
Alegrex
Largest movements
- Receivables within one year +€61,786
up €61,786 (+70.4%), from €87,806 to €149,592
of which Trade receivables: +€61,786
- Cash -€24,746
down €24,746 (-45.4%), from €54,510 to €29,764
mainly Contributions, distributions and other (-€260,129) and Receivables within one year (-€61,786)
- Other debts +€191,137
up €191,137 (+171.3%), from €111,582 to €302,719
- Reserves -€156,231
down €156,231 (-100.0%), from €156,231 to €0
- Debts after one year -€28,973
down €28,973 (-37.2%), from €77,952 to €48,979
- Tax, wage and social debts +€22,518
up €22,518 (+77.7%), from €28,970 to €51,487
of which Taxes: +€24,518
- Gross operating margin +€32,109
up €32,109 (+27.6%), from €116,230 to €148,339
- Taxes +€13,888
up €13,888 (+58.2%), from €23,860 to €37,748
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 | €423,740 | €453,158 | +€29,418 | +6.9% |
| Fixed assets | 21/28 | €272,587 | €269,016 | -€3,570 | -1.3% |
| Tangible fixed assets | 22/27 | €21,537 | €17,966 | -€3,570 | -16.6% |
| Plant, machinery and equipment | 23 | €1,243 | €928 | -€315 | -25.3% |
| Furniture and vehicles | 24 | €10,786 | €7,969 | -€2,817 | -26.1% |
| Other tangible fixed assets | 26 | €9,508 | €9,070 | -€438 | -4.6% |
| Financial fixed assets | 28 | €251,050 | €251,050 | = | 0.0% |
| Current assets | 29/58 | €151,153 | €184,141 | +€32,988 | +21.8% |
| Amounts receivable within one year | 40/41 | €87,806 | €149,592 | +€61,786 | +70.4% |
| Trade receivables | 40 | €86,666 | €148,452 | +€61,786 | +71.3% |
| Other amounts receivable | 41 | €1,140 | €1,140 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,510 | €29,764 | -€24,746 | -45.4% |
| Deferred charges and accrued income | 490/1 | €8,837 | €4,785 | -€4,051 | -45.8% |
| Total equity and liabilities | 10/49 | €423,740 | €453,158 | +€29,418 | +6.9% |
| Equity | 10/15 | €174,831 | €18,600 | -€156,231 | -89.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,231 | €0 | -€156,231 | -100.0% |
| Distributable reserves | 133 | €156,231 | €0 | -€156,231 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €248,908 | €434,558 | +€185,649 | +74.6% |
| Amounts payable after more than one year | 17 | €77,952 | €48,979 | -€28,973 | -37.2% |
| Financial debts | 170/4 | €77,952 | €48,979 | -€28,973 | -37.2% |
| Amounts payable within one year | 42/48 | €170,956 | €385,579 | +€214,622 | +125.5% |
| Current portion of amounts payable after more than one year | 42 | €28,666 | €28,973 | +€307 | +1.1% |
| Trade debts | 44 | €1,738 | €2,399 | +€661 | +38.0% |
| Suppliers | 440/4 | €1,738 | €2,399 | +€661 | +38.0% |
| Taxes, remuneration and social security | 45 | €28,970 | €51,487 | +€22,518 | +77.7% |
| Taxes | 450/3 | €24,970 | €49,487 | +€24,518 | +98.2% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | €111,582 | €302,719 | +€191,137 | +171.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,847 | €4,415 | -€432 | -8.9% |
| Other operating charges | 640/8 | €830 | €819 | -€11 | -1.3% |
| Gross operating margin | 9900 | €116,230 | €148,339 | +€32,109 | +27.6% |
| Operating profit (loss) | 9901 | €110,553 | €143,106 | +€32,552 | +29.4% |
| Financial income | 75/76B | €0 | €8 | +€8 | |
| Recurring financial income | 75 | €0 | €8 | +€8 | |
| Financial charges | 65/66B | €1,720 | €1,468 | -€252 | -14.7% |
| Recurring financial charges | 65 | €1,720 | €1,468 | -€252 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €108,833 | €141,646 | +€32,812 | +30.1% |
| Income taxes | 67/77 | €23,860 | €37,748 | +€13,888 | +58.2% |
| Profit (loss) for the period | 9904 | €84,973 | €103,898 | +€18,924 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,973 | €103,898 | +€18,924 | +22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.