ALEX SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€9,376
down €9,376 (-29.4%), from €31,897 to €22,521
of which Furniture and vehicles: -€7,770
- Cash +€4,545
up €4,545 (+46.0%), from €9,881 to €14,426
mainly Depreciation (+€11,936) and Deferred charges and accrued income (+€2,229)
- Deferred charges and accrued income -€2,229
down €2,229 (-56.2%), from €3,963 to €1,735
- Debts after one year -€8,161
down €8,161 (-58.7%), from €13,905 to €5,744
- Tax, wage and social debts -€2,889
down €2,889 (-25.5%), from €11,316 to €8,427
of which Taxes: -€3,521
- Reserves +€1,697
up €1,697 (+6.8%), from €25,093 to €26,790
- Other debts +€992
new in 2025: €992
- Staff costs +€8,789
up €8,789 (+93.4%), from €9,411 to €18,200
- Gross operating margin +€5,442
up €5,442 (+17.2%), from €31,711 to €37,153
- Depreciation +€713
up €713 (+6.4%), from €11,223 to €11,936
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 | €64,100 | €56,404 | -€7,696 | -12.0% |
| Fixed assets | 21/28 | €31,897 | €22,521 | -€9,376 | -29.4% |
| Tangible fixed assets | 22/27 | €31,897 | €22,521 | -€9,376 | -29.4% |
| Plant, machinery and equipment | 23 | €1,668 | €551 | -€1,117 | -67.0% |
| Furniture and vehicles | 24 | €28,072 | €20,301 | -€7,770 | -27.7% |
| Other tangible fixed assets | 26 | €2,157 | €1,668 | -€489 | -22.7% |
| Current assets | 29/58 | €32,203 | €33,883 | +€1,680 | +5.2% |
| Amounts receivable within one year | 40/41 | €18,359 | €17,723 | -€636 | -3.5% |
| Trade receivables | 40 | €18,359 | €17,723 | -€636 | -3.5% |
| Cash at bank and in hand | 54/58 | €9,881 | €14,426 | +€4,545 | +46.0% |
| Deferred charges and accrued income | 490/1 | €3,963 | €1,735 | -€2,229 | -56.2% |
| Total equity and liabilities | 10/49 | €64,100 | €56,404 | -€7,696 | -12.0% |
| Equity | 10/15 | €28,593 | €30,290 | +€1,697 | +5.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €25,093 | €26,790 | +€1,697 | +6.8% |
| Distributable reserves | 133 | €25,093 | €26,790 | +€1,697 | +6.8% |
| Amounts payable | 17/49 | €35,507 | €26,114 | -€9,393 | -26.5% |
| Amounts payable after more than one year | 17 | €13,905 | €5,744 | -€8,161 | -58.7% |
| Financial debts | 170/4 | €13,905 | €5,744 | -€8,161 | -58.7% |
| Amounts payable within one year | 42/48 | €21,602 | €20,370 | -€1,232 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €7,646 | €8,161 | +€515 | +6.7% |
| Trade debts | 44 | €2,640 | €2,790 | +€150 | +5.7% |
| Suppliers | 440/4 | €2,640 | €2,790 | +€150 | +5.7% |
| Taxes, remuneration and social security | 45 | €11,316 | €8,427 | -€2,889 | -25.5% |
| Taxes | 450/3 | €10,653 | €7,133 | -€3,521 | -33.0% |
| Remuneration and social security | 454/9 | €662 | €1,295 | +€632 | +95.5% |
| Other amounts payable | 47/48 | - | €992 | +€992 | |
| Remuneration, social security and pensions | 62 | €9,411 | €18,200 | +€8,789 | +93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,223 | €11,936 | +€713 | +6.4% |
| Other operating charges | 640/8 | €1,687 | €1,350 | -€337 | -20.0% |
| Gross operating margin | 9900 | €31,711 | €37,153 | +€5,442 | +17.2% |
| Operating profit (loss) | 9901 | €9,390 | €5,668 | -€3,723 | -39.6% |
| Financial income | 75/76B | €20 | €2 | -€18 | -90.0% |
| Recurring financial income | 75 | €20 | €2 | -€18 | -90.0% |
| Financial charges | 65/66B | €1,753 | €1,389 | -€364 | -20.8% |
| Recurring financial charges | 65 | €1,753 | €1,389 | -€364 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €7,658 | €4,281 | -€3,377 | -44.1% |
| Income taxes | 67/77 | €2,833 | €2,584 | -€249 | -8.8% |
| Profit (loss) for the period | 9904 | €4,825 | €1,697 | -€3,128 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,825 | €1,697 | -€3,128 | -64.8% |
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 10 October 2026 via checked.be.