ALEX-DRIVE: 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.
ALEX-DRIVE
Largest movements
- Cash +€16,962
up €16,962 (+397.9%), from €4,263 to €21,224
mainly Trade debts (+€22,997) and Receivables within one year (+€16,030)
- Receivables within one year -€16,030
down €16,030 (-99.2%), from €16,157 to €127
of which Trade receivables: -€11,168
- Tangible fixed assets +€4,754
up €4,754 (+31.9%), from €14,919 to €19,673
- Trade debts +€22,997
up €22,997 (+5133.2%), from €448 to €23,445
- Profit (loss) carried forward -€7,025
down €7,025 (-45.9%), from €15,318 to €8,293
- Other debts -€6,327
down €6,327 (-98.9%), from €6,398 to €71
- Tax, wage and social debts -€3,965
down €3,965 (-85.1%), from €4,657 to €692
- Turnover -€34,011
no longer reported in 2025 (was €34,011)
- Purchases and services -€27,020
no longer reported in 2025 (was €27,020)
- Depreciation -€5,120
down €5,120 (-77.0%), from €6,647 to €1,527
- Other operating charges -€3,573
no longer reported in 2025 (was €3,573)
- Taxes +€3,561
new in 2025: €3,561
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 | €35,339 | €41,024 | +€5,686 | +16.1% |
| Fixed assets | 21/28 | €14,919 | €19,673 | +€4,754 | +31.9% |
| Tangible fixed assets | 22/27 | €14,919 | €19,673 | +€4,754 | +31.9% |
| Furniture and vehicles | 24 | €14,919 | €19,673 | +€4,754 | +31.9% |
| Current assets | 29/58 | €20,420 | €21,351 | +€931 | +4.6% |
| Amounts receivable within one year | 40/41 | €16,157 | €127 | -€16,030 | -99.2% |
| Trade receivables | 40 | €11,168 | - | -€11,168 | |
| Other amounts receivable | 41 | €4,989 | €127 | -€4,862 | -97.5% |
| Cash at bank and in hand | 54/58 | €4,263 | €21,224 | +€16,962 | +397.9% |
| Total equity and liabilities | 10/49 | €35,339 | €41,024 | +€5,686 | +16.1% |
| Equity | 10/15 | €23,818 | €16,793 | -€7,025 | -29.5% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,318 | €8,293 | -€7,025 | -45.9% |
| Amounts payable | 17/49 | €11,521 | €24,231 | +€12,711 | +110.3% |
| Amounts payable within one year | 42/48 | €11,521 | €24,231 | +€12,711 | +110.3% |
| Financial debts | 43 | €18 | €23 | +€5 | +26.4% |
| Credit institutions | 430/8 | €18 | €23 | +€5 | +26.4% |
| Trade debts | 44 | €448 | €23,445 | +€22,997 | +5133.2% |
| Suppliers | 440/4 | €448 | €23,445 | +€22,997 | +5133.2% |
| Taxes, remuneration and social security | 45 | €4,657 | €692 | -€3,965 | -85.1% |
| Taxes | 450/3 | €4,657 | €692 | -€3,965 | -85.1% |
| Other amounts payable | 47/48 | €6,398 | €71 | -€6,327 | -98.9% |
| Turnover | 70 | €34,011 | - | -€34,011 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,020 | - | -€27,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,647 | €1,527 | -€5,120 | -77.0% |
| Other operating charges | 640/8 | €3,573 | - | -€3,573 | |
| Non-recurring operating charges | 66A | €1,000 | €6,655 | +€5,655 | +565.5% |
| Gross operating margin | 9900 | €6,991 | €4,859 | -€2,132 | -30.5% |
| Operating profit (loss) | 9901 | -€4,229 | -€3,322 | +€907 | +21.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €222 | €142 | -€80 | -36.1% |
| Recurring financial charges | 65 | €222 | €142 | -€80 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,448 | -€3,464 | +€984 | +22.1% |
| Transfer to deferred taxes | 680 | €4 | - | -€4 | |
| Income taxes | 67/77 | - | €3,561 | +€3,561 | |
| Profit (loss) for the period | 9904 | -€4,452 | -€7,025 | -€2,573 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,452 | -€7,025 | -€2,573 | -57.8% |
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.