ALEXANDER TECHNICS: 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.
ALEXANDER TECHNICS
Largest movements
- Tangible fixed assets -€4,376
down €4,376 (-23.7%), from €18,498 to €14,122
- Cash +€4,104
up €4,104 (+17.8%), from €23,101 to €27,205
mainly Other debts (+€28,318) and Net result for the year (+€4,784)
- Receivables within one year +€596
up €596 (+4.0%), from €15,066 to €15,662
- Reserves -€30,000
down €30,000 (-75.2%), from €39,898 to €9,898
- Other debts +€28,318
up €28,318 (+408.4%), from €6,935 to €35,253
- Profit (loss) carried forward +€4,784
up €4,784, from €0 to €4,784
- Tax, wage and social debts -€2,379
down €2,379 (-46.9%), from €5,076 to €2,697
- Gross operating margin -€7,261
down €7,261 (-32.9%), from €22,093 to €14,832
- Taxes -€1,776
down €1,776 (-47.0%), from €3,782 to €2,006
- Financial charges +€1,776
up €1,776 (+266.1%), from €667 to €2,443
- Depreciation +€995
up €995 (+29.4%), from €3,381 to €4,376
- Other operating charges -€269
down €269 (-18.0%), from €1,492 to €1,223
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 | €57,494 | €57,759 | +€265 | +0.5% |
| Fixed assets | 21/28 | €18,498 | €14,122 | -€4,376 | -23.7% |
| Tangible fixed assets | 22/27 | €18,498 | €14,122 | -€4,376 | -23.7% |
| Furniture and vehicles | 24 | €18,498 | €14,122 | -€4,376 | -23.7% |
| Current assets | 29/58 | €38,996 | €43,636 | +€4,641 | +11.9% |
| Amounts receivable within one year | 40/41 | €15,066 | €15,662 | +€596 | +4.0% |
| Trade receivables | 40 | €15,066 | €15,662 | +€596 | +4.0% |
| Cash at bank and in hand | 54/58 | €23,101 | €27,205 | +€4,104 | +17.8% |
| Deferred charges and accrued income | 490/1 | €828 | €769 | -€59 | -7.1% |
| Total equity and liabilities | 10/49 | €57,494 | €57,759 | +€265 | +0.5% |
| Equity | 10/15 | €44,898 | €19,682 | -€25,216 | -56.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,898 | €9,898 | -€30,000 | -75.2% |
| Distributable reserves | 133 | €39,898 | €9,898 | -€30,000 | -75.2% |
| Profit (loss) carried forward | 14 | €0 | €4,784 | +€4,784 | |
| Amounts payable | 17/49 | €12,596 | €38,077 | +€25,481 | +202.3% |
| Amounts payable within one year | 42/48 | €12,596 | €38,077 | +€25,481 | +202.3% |
| Trade debts | 44 | €585 | €127 | -€459 | -78.3% |
| Suppliers | 440/4 | €585 | €127 | -€459 | -78.3% |
| Taxes, remuneration and social security | 45 | €5,076 | €2,697 | -€2,379 | -46.9% |
| Taxes | 450/3 | €5,076 | €2,697 | -€2,379 | -46.9% |
| Other amounts payable | 47/48 | €6,935 | €35,253 | +€28,318 | +408.4% |
| Non-recurring operating income | 76A | - | €4,706 | +€4,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,381 | €4,376 | +€995 | +29.4% |
| Other operating charges | 640/8 | €1,492 | €1,223 | -€269 | -18.0% |
| Gross operating margin | 9900 | €22,093 | €14,832 | -€7,261 | -32.9% |
| Operating profit (loss) | 9901 | €17,220 | €9,233 | -€7,986 | -46.4% |
| Financial charges | 65/66B | €667 | €2,443 | +€1,776 | +266.1% |
| Recurring financial charges | 65 | €667 | €2,443 | +€1,776 | +266.1% |
| Profit (loss) for the period before taxes | 9903 | €16,553 | €6,791 | -€9,762 | -59.0% |
| Income taxes | 67/77 | €3,782 | €2,006 | -€1,776 | -47.0% |
| Profit (loss) for the period | 9904 | €12,770 | €4,784 | -€7,986 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,770 | €4,784 | -€7,986 | -62.5% |
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 1 October 2026 via checked.be.