Alejo Perez: 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.
Alejo Perez
Largest movements
- Receivables within one year -€44,520
down €44,520 (-92.2%), from €48,263 to €3,743
of which Trade receivables: -€44,520
- Cash +€18,283
up €18,283 (+4.6%), from €399,630 to €417,913
mainly Other debts (+€320,904) and Receivables within one year (+€44,520)
- Reserves -€350,178
down €350,178 (-90.1%), from €388,617 to €38,439
- Other debts +€320,904
up €320,904 (+906%), from €35,412 to €356,317
- Tax, wage and social debts +€22,441
up €22,441 (+814%), from €2,756 to €25,197
of which Taxes: +€19,311
- Trade debts -€15,602
down €15,602 (-92.2%), from €16,927 to €1,325
- Gross operating margin +€2,032
up €2,032 (+3.7%), from €55,361 to €57,393
- Taxes +€1,839
up €1,839 (+12.9%), from €14,257 to €16,095
- Financial charges +€870
up €870 (+329%), from €264 to €1,134
- Depreciation -€682
down €682 (-36.2%), from €1,886 to €1,204
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.
Derived cash bridge
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 | €448,711 | €426,278 | -€22,434 | -5.0% |
| Fixed assets | 21/28 | €818 | €4,621 | +€3,803 | +465% |
| Tangible fixed assets | 22/27 | €818 | €1,736 | +€919 | +112% |
| Plant, machinery and equipment | 23 | €818 | €1,736 | +€919 | +112% |
| Financial fixed assets | 28 | - | €2,885 | +€2,885 | |
| Current assets | 29/58 | €447,894 | €421,657 | -€26,237 | -5.9% |
| Amounts receivable within one year | 40/41 | €48,263 | €3,743 | -€44,520 | -92.2% |
| Trade receivables | 40 | €44,520 | - | -€44,520 | |
| Other amounts receivable | 41 | €3,743 | €3,743 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €399,630 | €417,913 | +€18,283 | +4.6% |
| Total equity and liabilities | 10/49 | €448,711 | €426,278 | -€22,434 | -5.0% |
| Equity | 10/15 | €393,617 | €43,439 | -€350,178 | -89.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €388,617 | €38,439 | -€350,178 | -90.1% |
| Distributable reserves | 133 | €388,617 | €38,439 | -€350,178 | -90.1% |
| Amounts payable | 17/49 | €55,095 | €382,839 | +€327,744 | +595% |
| Amounts payable within one year | 42/48 | €55,095 | €382,839 | +€327,744 | +595% |
| Trade debts | 44 | €16,927 | €1,325 | -€15,602 | -92.2% |
| Suppliers | 440/4 | €16,927 | €1,325 | -€15,602 | -92.2% |
| Taxes, remuneration and social security | 45 | €2,756 | €25,197 | +€22,441 | +814% |
| Taxes | 450/3 | €2,756 | €22,066 | +€19,311 | +701% |
| Remuneration and social security | 454/9 | - | €3,131 | +€3,131 | |
| Other amounts payable | 47/48 | €35,412 | €356,317 | +€320,904 | +906% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,886 | €1,204 | -€682 | -36.2% |
| Other operating charges | 640/8 | €505 | €545 | +€39 | +7.8% |
| Gross operating margin | 9900 | €55,361 | €57,393 | +€2,032 | +3.7% |
| Operating profit (loss) | 9901 | €52,969 | €55,645 | +€2,675 | +5.1% |
| Financial income | 75/76B | €80 | €24 | -€55 | -69.5% |
| Recurring financial income | 75 | €80 | €24 | -€55 | -69.5% |
| Financial charges | 65/66B | €264 | €1,134 | +€870 | +329% |
| Recurring financial charges | 65 | €264 | €1,134 | +€870 | +329% |
| Profit (loss) for the period before taxes | 9903 | €52,784 | €54,535 | +€1,750 | +3.3% |
| Income taxes | 67/77 | €14,257 | €16,095 | +€1,839 | +12.9% |
| Profit (loss) for the period | 9904 | €38,528 | €38,439 | -€89 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,528 | €38,439 | -€89 | -0.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.