Alex V Design: 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 V Design
Largest movements
- Cash -€3,430
down €3,430 (-28.2%), from €12,142 to €8,712
mainly Net result for the year (-€3,907) and Receivables within one year (-€1,522)
- Receivables within one year +€1,522
up €1,522 (+14,017%), from €11 to €1,533
of which Trade receivables: +€1,533
- Tangible fixed assets -€139
down €139 (-100%), from €139 to €0
- Profit (loss) carried forward -€3,907
down €3,907 (-51.7%), from €7,552 to €3,645
- Other debts +€2,179
up €2,179 (+4,151%), from €53 to €2,232
- Tax, wage and social debts -€400
down €400 (-74.8%), from €535 to €135
of which Taxes: -€400
- Gross operating margin +€2,505
up €2,505 (+44.1%), from -€5,680 to -€3,175
- Other operating charges +€402
up €402 (+340%), from €118 to €520
- Depreciation -€226
down €226 (-61.9%), from €365 to €139
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.
Derived cash bridge
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 | €12,413 | €10,333 | -€2,080 | -16.8% |
| Fixed assets | 21/28 | €139 | €0 | -€139 | -100% |
| Tangible fixed assets | 22/27 | €139 | €0 | -€139 | -100% |
| Furniture and vehicles | 24 | €139 | €0 | -€139 | -100% |
| Current assets | 29/58 | €12,274 | €10,333 | -€1,941 | -15.8% |
| Amounts receivable within one year | 40/41 | €11 | €1,533 | +€1,522 | +14,017% |
| Trade receivables | 40 | €0 | €1,533 | +€1,533 | |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100% |
| Cash at bank and in hand | 54/58 | €12,142 | €8,712 | -€3,430 | -28.2% |
| Deferred charges and accrued income | 490/1 | €121 | €88 | -€33 | -27.5% |
| Total equity and liabilities | 10/49 | €12,413 | €10,333 | -€2,080 | -16.8% |
| Equity | 10/15 | €11,552 | €7,645 | -€3,907 | -33.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,552 | €3,645 | -€3,907 | -51.7% |
| Amounts payable | 17/49 | €861 | €2,688 | +€1,827 | +212% |
| Amounts payable within one year | 42/48 | €861 | €2,688 | +€1,827 | +212% |
| Trade debts | 44 | €274 | €322 | +€48 | +17.6% |
| Suppliers | 440/4 | €274 | €322 | +€48 | +17.6% |
| Taxes, remuneration and social security | 45 | €535 | €135 | -€400 | -74.8% |
| Taxes | 450/3 | €535 | €135 | -€400 | -74.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €53 | €2,232 | +€2,179 | +4,151% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365 | €139 | -€226 | -61.9% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | -€5,680 | -€3,175 | +€2,505 | +44.1% |
| Operating profit (loss) | 9901 | -€6,163 | -€3,834 | +€2,330 | +37.8% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €91 | €74 | -€17 | -18.8% |
| Recurring financial charges | 65 | €91 | €74 | -€17 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,248 | -€3,907 | +€2,341 | +37.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,248 | -€3,907 | +€2,341 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,248 | -€3,907 | +€2,341 | +37.5% |
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 21 October 2026 via checked.be.