ALEX & DACO: 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.
ALEX & DACO
Largest movements
- Receivables within one year -€68,066
down €68,066 (-37.8%), from €180,268 to €112,202
of which Trade receivables: -€77,401
- Cash +€33,640
up €33,640 (+482%), from €6,976 to €40,616
mainly Receivables within one year (+€68,066) and Net result for the year (+€15,714)
- Tangible fixed assets -€8,536
down €8,536 (-36.6%), from €23,346 to €14,810
- Deferred charges and accrued income +€7,679
new in 2024: €7,679
- Trade debts -€53,591
down €53,591 (-53.6%), from €100,013 to €46,422
- Profit (loss) carried forward +€15,714
up €15,714, from -€13,758 to €1,956
- Other debts +€14,921
up €14,921 (+53.6%), from €27,862 to €42,783
- Tax, wage and social debts -€6,140
no longer reported in 2024 (was €6,140)
- Debts after one year -€5,836
no longer reported in 2024 (was €5,836)
- Gross operating margin +€11,162
up €11,162 (+68.1%), from €16,381 to €27,543
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.
Derived cash bridge
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 | €210,589 | €175,306 | -€35,283 | -16.8% |
| Fixed assets | 21/28 | €23,346 | €14,810 | -€8,536 | -36.6% |
| Tangible fixed assets | 22/27 | €23,346 | €14,810 | -€8,536 | -36.6% |
| Furniture and vehicles | 24 | €23,346 | €14,810 | -€8,536 | -36.6% |
| Current assets | 29/58 | €187,243 | €160,497 | -€26,747 | -14.3% |
| Amounts receivable within one year | 40/41 | €180,268 | €112,202 | -€68,066 | -37.8% |
| Trade receivables | 40 | €165,400 | €87,999 | -€77,401 | -46.8% |
| Other amounts receivable | 41 | €14,868 | €24,204 | +€9,335 | +62.8% |
| Cash at bank and in hand | 54/58 | €6,976 | €40,616 | +€33,640 | +482% |
| Deferred charges and accrued income | 490/1 | - | €7,679 | +€7,679 | |
| Total equity and liabilities | 10/49 | €210,589 | €175,306 | -€35,283 | -16.8% |
| Equity | 10/15 | €63,302 | €79,016 | +€15,714 | +24.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,860 | €70,860 | = | 0.0% |
| Distributable reserves | 133 | €70,860 | €70,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,758 | €1,956 | +€15,714 | |
| Amounts payable | 17/49 | €147,287 | €96,290 | -€50,997 | -34.6% |
| Amounts payable after more than one year | 17 | €5,836 | - | -€5,836 | |
| Financial debts | 170/4 | €5,836 | - | -€5,836 | |
| Amounts payable within one year | 42/48 | €140,944 | €96,290 | -€44,653 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €6,929 | €7,086 | +€157 | +2.3% |
| Trade debts | 44 | €100,013 | €46,422 | -€53,591 | -53.6% |
| Suppliers | 440/4 | €100,013 | €46,422 | -€53,591 | -53.6% |
| Taxes, remuneration and social security | 45 | €6,140 | - | -€6,140 | |
| Taxes | 450/3 | €6,140 | - | -€6,140 | |
| Other amounts payable | 47/48 | €27,862 | €42,783 | +€14,921 | +53.6% |
| Accrued charges and deferred income | 492/3 | €508 | - | -€508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,912 | €9,765 | -€147 | -1.5% |
| Other operating charges | 640/8 | €1,296 | €1,488 | +€192 | +14.8% |
| Gross operating margin | 9900 | €16,381 | €27,543 | +€11,162 | +68.1% |
| Operating profit (loss) | 9901 | €5,173 | €16,290 | +€11,117 | +215% |
| Financial charges | 65/66B | €717 | €576 | -€141 | -19.6% |
| Recurring financial charges | 65 | €717 | €576 | -€141 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €4,456 | €15,714 | +€11,258 | +253% |
| Profit (loss) for the period | 9904 | €4,456 | €15,714 | +€11,258 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €4,456 | €15,714 | +€11,258 | +253% |
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 15 October 2026 via checked.be.