ALEX BOIS: what changed
ALEX BOIS
Largest movements
- Receivables within one year +€10,771
up €10,771 (+27.3%), from €39,418 to €50,189
of which Trade receivables: +€9,055
- Tangible fixed assets -€3,690
down €3,690 (-29.3%), from €12,575 to €8,885
- Cash +€3,200
up €3,200 (+32.4%), from €9,869 to €13,069
mainly Trade debts (+€8,345) and Tax, wage and social debts (+€6,690)
- Deferred charges and accrued income +€1,366
up €1,366 (+342%), from €399 to €1,765
- Trade debts +€8,345
up €8,345 (+209%), from €3,998 to €12,343
- Tax, wage and social debts +€6,690
up €6,690 (+228%), from €2,940 to €9,630
of which Remuneration and social security: +€4,900
- Debts after one year -€3,108
no longer reported in 2025 (was €3,108)
- Current portion of long-term debt -€1,390
down €1,390 (-28.5%), from €4,881 to €3,491
- Profit (loss) carried forward +€1,110
up €1,110 (+2.4%), from €46,439 to €47,549
- Gross operating margin -€1,604
down €1,604 (-15.5%), from €10,317 to €8,713
- Other operating charges -€547
down €547 (-32.9%), from €1,661 to €1,114
- Taxes +€431
up €431 (+31.7%), from €1,359 to €1,790
- Financial income +€420
new in 2025: €420
of which Financial income: +€420
- Financial charges -€223
down €223 (-43.6%), from €512 to €289
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,366 | €74,013 | +€11,647 | +18.7% |
| Fixed assets | 21/28 | €12,680 | €8,990 | -€3,690 | -29.1% |
| Tangible fixed assets | 22/27 | €12,575 | €8,885 | -€3,690 | -29.3% |
| Furniture and vehicles | 24 | €12,575 | €8,885 | -€3,690 | -29.3% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €49,686 | €65,023 | +€15,337 | +30.9% |
| Amounts receivable within one year | 40/41 | €39,418 | €50,189 | +€10,771 | +27.3% |
| Trade receivables | 40 | €11,383 | €20,438 | +€9,055 | +79.5% |
| Other amounts receivable | 41 | €28,035 | €29,751 | +€1,716 | +6.1% |
| Cash at bank and in hand | 54/58 | €9,869 | €13,069 | +€3,200 | +32.4% |
| Deferred charges and accrued income | 490/1 | €399 | €1,765 | +€1,366 | +342% |
| Total equity and liabilities | 10/49 | €62,366 | €74,013 | +€11,647 | +18.7% |
| Equity | 10/15 | €47,439 | €48,549 | +€1,110 | +2.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,439 | €47,549 | +€1,110 | +2.4% |
| Amounts payable | 17/49 | €14,927 | €25,464 | +€10,537 | +70.6% |
| Amounts payable after more than one year | 17 | €3,108 | - | -€3,108 | |
| Financial debts | 170/4 | €3,108 | - | -€3,108 | |
| Amounts payable within one year | 42/48 | €11,819 | €25,464 | +€13,645 | +115% |
| Current portion of amounts payable after more than one year | 42 | €4,881 | €3,491 | -€1,390 | -28.5% |
| Trade debts | 44 | €3,998 | €12,343 | +€8,345 | +209% |
| Suppliers | 440/4 | €3,998 | €12,343 | +€8,345 | +209% |
| Taxes, remuneration and social security | 45 | €2,940 | €9,630 | +€6,690 | +228% |
| Taxes | 450/3 | €1,359 | €3,149 | +€1,790 | +132% |
| Remuneration and social security | 454/9 | €1,581 | €6,481 | +€4,900 | +310% |
| Remuneration, social security and pensions | 62 | €71 | - | -€71 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,802 | €4,829 | +€27 | +0.6% |
| Other operating charges | 640/8 | €1,661 | €1,114 | -€547 | -32.9% |
| Gross operating margin | 9900 | €10,317 | €8,713 | -€1,604 | -15.5% |
| Operating profit (loss) | 9901 | €3,783 | €2,770 | -€1,013 | -26.8% |
| Financial income | 75/76B | - | €420 | +€420 | |
| Recurring financial income | 75 | - | €420 | +€420 | |
| Non-recurring financial income | 76B | - | €420 | +€420 | |
| Financial charges | 65/66B | €512 | €289 | -€223 | -43.6% |
| Recurring financial charges | 65 | €512 | €289 | -€223 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €3,271 | €2,901 | -€370 | -11.3% |
| Income taxes | 67/77 | €1,359 | €1,790 | +€431 | +31.7% |
| Profit (loss) for the period | 9904 | €1,912 | €1,111 | -€801 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,912 | €1,111 | -€801 | -41.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.