ALEXANDER THOMMES: 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.
ALEXANDER THOMMES
Largest movements
- Cash +€47,871
up €47,871 (+86.8%), from €55,169 to €103,041
mainly Other debts (+€59,869) and Net result for the year (+€47,300)
- Receivables within one year -€31,344
down €31,344 (-80.1%), from €39,122 to €7,778
of which Trade receivables: -€21,585
- Tangible fixed assets +€1,504
up €1,504 (+256%), from €588 to €2,092
- Other debts +€59,869
new in 2025: €59,869
- Profit (loss) carried forward -€27,700
down €27,700 (-36.7%), from €75,563 to €47,863
- Tax, wage and social debts -€14,108
down €14,108 (-97.8%), from €14,428 to €320
- Gross operating margin +€52,665
up €52,665 (+603%), from €8,730 to €61,395
- Taxes +€10,751
up €10,751 (+602%), from €1,787 to €12,537
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 | €95,265 | €113,461 | +€18,196 | +19.1% |
| Fixed assets | 21/28 | €588 | €2,092 | +€1,504 | +256% |
| Tangible fixed assets | 22/27 | €588 | €2,092 | +€1,504 | +256% |
| Plant, machinery and equipment | 23 | €588 | €2,092 | +€1,504 | +256% |
| Current assets | 29/58 | €94,676 | €111,368 | +€16,692 | +17.6% |
| Amounts receivable within one year | 40/41 | €39,122 | €7,778 | -€31,344 | -80.1% |
| Trade receivables | 40 | €21,585 | - | -€21,585 | |
| Other amounts receivable | 41 | €17,537 | €7,778 | -€9,760 | -55.7% |
| Cash at bank and in hand | 54/58 | €55,169 | €103,041 | +€47,871 | +86.8% |
| Deferred charges and accrued income | 490/1 | €385 | €550 | +€165 | +42.9% |
| Total equity and liabilities | 10/49 | €95,265 | €113,461 | +€18,196 | +19.1% |
| Equity | 10/15 | €80,563 | €52,863 | -€27,700 | -34.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,563 | €47,863 | -€27,700 | -36.7% |
| Amounts payable | 17/49 | €14,701 | €60,597 | +€45,896 | +312% |
| Amounts payable within one year | 42/48 | €14,701 | €60,189 | +€45,488 | +309% |
| Trade debts | 44 | €273 | - | -€273 | |
| Suppliers | 440/4 | €273 | - | -€273 | |
| Taxes, remuneration and social security | 45 | €14,428 | €320 | -€14,108 | -97.8% |
| Taxes | 450/3 | €14,428 | €320 | -€14,108 | -97.8% |
| Other amounts payable | 47/48 | - | €59,869 | +€59,869 | |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €720 | +€613 | +571% |
| Other operating charges | 640/8 | - | €408 | +€408 | |
| Gross operating margin | 9900 | €8,730 | €61,395 | +€52,665 | +603% |
| Operating profit (loss) | 9901 | €8,622 | €60,267 | +€51,644 | +599% |
| Financial income | 75/76B | €190 | - | -€190 | |
| Recurring financial income | 75 | €190 | - | -€190 | |
| Financial charges | 65/66B | €124 | €430 | +€306 | +247% |
| Recurring financial charges | 65 | €124 | €430 | +€306 | +247% |
| Profit (loss) for the period before taxes | 9903 | €8,689 | €59,837 | +€51,149 | +589% |
| Income taxes | 67/77 | €1,787 | €12,537 | +€10,751 | +602% |
| Profit (loss) for the period | 9904 | €6,902 | €47,300 | +€40,398 | +585% |
| Profit (loss) for the period to be appropriated | 9905 | €6,902 | €47,300 | +€40,398 | +585% |
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 22 October 2026 via checked.be.