ALEX HOME: 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 HOME
Largest movements
- Stocks and contracts -€158,000
down €158,000 (-100%), from €158,000 to €0
- Tangible fixed assets +€151,582
up €151,582 (+1,797%), from €8,436 to €160,018
of which Land and buildings: +€151,415
- Receivables within one year +€63,336
up €63,336 (+293%), from €21,628 to €84,964
of which Trade receivables: +€61,773
- Cash -€6,295
down €6,295 (-100%), from €6,295 to €0
mainly Investment in fixed assets (net) (-€161,873) and Receivables within one year (-€63,336)
- Trade debts +€30,661
up €30,661 (+483%), from €6,346 to €37,006
- Other debts -€27,250
down €27,250 (-46.8%), from €58,184 to €30,933
- Short-term financial debts +€25,935
up €25,935 (+21.5%), from €120,500 to €146,435
- Profit (loss) carried forward +€25,075
up €25,075, from -€24,915 to €160
- Debts after one year -€2,965
down €2,965 (-100%), from €2,965 to €0
- Gross operating margin +€81,612
up €81,612, from -€35,239 to €46,373
- Other operating charges -€19,390
down €19,390 (-93.4%), from €20,770 to €1,379
- Depreciation +€7,781
up €7,781 (+310%), from €2,510 to €10,291
- Financial charges +€6,939
up €6,939 (+303%), from €2,293 to €9,233
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 | €194,359 | €245,020 | +€50,661 | +26.1% |
| Fixed assets | 21/28 | €8,436 | €160,018 | +€151,582 | +1,797% |
| Tangible fixed assets | 22/27 | €8,436 | €160,018 | +€151,582 | +1,797% |
| Land and buildings | 22 | - | €151,415 | +€151,415 | |
| Furniture and vehicles | 24 | €8,436 | €8,603 | +€167 | +2.0% |
| Current assets | 29/58 | €185,923 | €85,002 | -€100,921 | -54.3% |
| Stocks and contracts in progress | 3 | €158,000 | €0 | -€158,000 | -100% |
| Stocks | 30/36 | €158,000 | €0 | -€158,000 | -100% |
| Amounts receivable within one year | 40/41 | €21,628 | €84,964 | +€63,336 | +293% |
| Trade receivables | 40 | €20,617 | €82,390 | +€61,773 | +300% |
| Other amounts receivable | 41 | €1,010 | €2,574 | +€1,564 | +155% |
| Cash at bank and in hand | 54/58 | €6,295 | €0 | -€6,295 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €194,359 | €245,020 | +€50,661 | +26.1% |
| Equity | 10/15 | -€1,315 | €23,760 | +€25,075 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,915 | €160 | +€25,075 | |
| Amounts payable | 17/49 | €195,674 | €221,260 | +€25,586 | +13.1% |
| Amounts payable after more than one year | 17 | €2,965 | €0 | -€2,965 | -100% |
| Financial debts | 170/4 | €2,965 | €0 | -€2,965 | -100% |
| Amounts payable within one year | 42/48 | €192,709 | €221,260 | +€28,551 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €2,831 | €2,965 | +€134 | +4.7% |
| Financial debts | 43 | €120,500 | €146,435 | +€25,935 | +21.5% |
| Credit institutions | 430/8 | €120,500 | €146,435 | +€25,935 | +21.5% |
| Trade debts | 44 | €6,346 | €37,006 | +€30,661 | +483% |
| Suppliers | 440/4 | €6,346 | €37,006 | +€30,661 | +483% |
| Taxes, remuneration and social security | 45 | €4,848 | €3,920 | -€928 | -19.1% |
| Taxes | 450/3 | €164 | €2,148 | +€1,983 | +1,206% |
| Remuneration and social security | 454/9 | €4,684 | €1,772 | -€2,912 | -62.2% |
| Other amounts payable | 47/48 | €58,184 | €30,933 | -€27,250 | -46.8% |
| Remuneration, social security and pensions | 62 | €0 | €459 | +€459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,510 | €10,291 | +€7,781 | +310% |
| Other operating charges | 640/8 | €20,770 | €1,379 | -€19,390 | -93.4% |
| Gross operating margin | 9900 | -€35,239 | €46,373 | +€81,612 | |
| Operating profit (loss) | 9901 | -€58,518 | €34,244 | +€92,763 | |
| Financial income | 75/76B | €241 | €64 | -€178 | -73.6% |
| Recurring financial income | 75 | €241 | €64 | -€178 | -73.6% |
| Financial charges | 65/66B | €2,293 | €9,233 | +€6,939 | +303% |
| Recurring financial charges | 65 | €2,293 | €9,233 | +€6,939 | +303% |
| Profit (loss) for the period before taxes | 9903 | -€60,570 | €25,075 | +€85,646 | |
| Income taxes | 67/77 | €164 | €0 | -€164 | -100% |
| Profit (loss) for the period | 9904 | -€60,735 | €25,075 | +€85,810 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,735 | €25,075 | +€85,810 |
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 17 October 2026 via checked.be.