ALEXA Management: 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.
ALEXA Management
Largest movements
- Receivables within one year +€5,399
up €5,399 (+122%), from €4,435 to €9,833
of which Trade receivables: +€8,239
- Tangible fixed assets +€1,934
up €1,934 (+20.4%), from €9,490 to €11,423
of which Plant, machinery and equipment: +€3,750
- Profit (loss) carried forward +€74,982
up €74,982 (+72.9%), from -€102,790 to -€27,808
- Other debts -€55,900
down €55,900 (-72.3%), from €77,274 to €21,374
- Tax, wage and social debts -€15,130
down €15,130 (-99.3%), from €15,241 to €111
of which Taxes: -€14,630
- Trade debts +€4,132
up €4,132 (+317%), from €1,305 to €5,437
- Short-term financial debts -€1,432
down €1,432 (-37.7%), from €3,795 to €2,362
- Gross operating margin +€45,400
up €45,400 (+123%), from €36,777 to €82,176
- Depreciation +€2,164
up €2,164 (+127%), from €1,702 to €3,866
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 | €14,010 | €21,261 | +€7,251 | +51.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,490 | €11,423 | +€1,934 | +20.4% |
| Tangible fixed assets | 22/27 | €9,490 | €11,423 | +€1,934 | +20.4% |
| Plant, machinery and equipment | 23 | - | €3,750 | +€3,750 | |
| Furniture and vehicles | 24 | €9,490 | €7,673 | -€1,816 | -19.1% |
| Current assets | 29/58 | €4,520 | €9,838 | +€5,317 | +118% |
| Amounts receivable within one year | 40/41 | €4,435 | €9,833 | +€5,399 | +122% |
| Trade receivables | 40 | €804 | €9,043 | +€8,239 | +1,025% |
| Other amounts receivable | 41 | €3,630 | €790 | -€2,840 | -78.2% |
| Cash at bank and in hand | 54/58 | €5 | - | -€5 | |
| Deferred charges and accrued income | 490/1 | €81 | €4 | -€77 | -94.6% |
| Total equity and liabilities | 10/49 | €14,010 | €21,261 | +€7,251 | +51.8% |
| Equity | 10/15 | -€83,605 | -€8,624 | +€74,982 | +89.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €585 | €585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €585 | €585 | = | 0.0% |
| Reserves not available under the articles | 1311 | €585 | €585 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,790 | -€27,808 | +€74,982 | +72.9% |
| Amounts payable | 17/49 | €97,615 | €29,884 | -€67,731 | -69.4% |
| Amounts payable within one year | 42/48 | €97,615 | €29,284 | -€68,331 | -70.0% |
| Financial debts | 43 | €3,795 | €2,362 | -€1,432 | -37.7% |
| Credit institutions | 430/8 | €3,795 | €2,362 | -€1,432 | -37.7% |
| Trade debts | 44 | €1,305 | €5,437 | +€4,132 | +317% |
| Suppliers | 440/4 | €1,305 | €5,437 | +€4,132 | +317% |
| Taxes, remuneration and social security | 45 | €15,241 | €111 | -€15,130 | -99.3% |
| Taxes | 450/3 | €14,630 | - | -€14,630 | |
| Remuneration and social security | 454/9 | €611 | €111 | -€500 | -81.8% |
| Other amounts payable | 47/48 | €77,274 | €21,374 | -€55,900 | -72.3% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €646 | - | -€646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,702 | €3,866 | +€2,164 | +127% |
| Other operating charges | 640/8 | €323 | €702 | +€379 | +117% |
| Non-recurring operating charges | 66A | €3,432 | - | -€3,432 | |
| Gross operating margin | 9900 | €36,777 | €82,176 | +€45,400 | +123% |
| Operating profit (loss) | 9901 | €30,673 | €77,608 | +€46,935 | +153% |
| Financial charges | 65/66B | €3,097 | €2,627 | -€470 | -15.2% |
| Recurring financial charges | 65 | €3,097 | €2,627 | -€470 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €27,576 | €74,982 | +€47,405 | +172% |
| Profit (loss) for the period | 9904 | €27,576 | €74,982 | +€47,405 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €27,576 | €74,982 | +€47,405 | +172% |
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 19 October 2026 via checked.be.