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Alexandre&Alexandre: 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.

What changed

Alexandre&Alexandre

BE 0728.513.154
NACE 74.209, Other photographic activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,335
2024 · €2,797+€16,538
Equity
€25,922
2024 · €10,386+€15,536
Cash
€22,443
2024 · €11,653+€10,790
Balance sheet total
€40,655
2024 · €14,023+€26,632

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€14,054

    new in 2025: €14,054

    of which Plant, machinery and equipment: +€13,629

  • Cash +€10,790

    up €10,790 (+92.6%), from €11,653 to €22,443

    mainly Net result for the year (+€19,335) and Other debts (+€4,419)

  • Receivables within one year +€1,788

    up €1,788 (+184.4%), from €970 to €2,758

    of which Trade receivables: +€1,788

Equity and liabilities
  • Profit (loss) carried forward +€15,536

    up €15,536, from -€4,614 to €10,922

  • Other debts +€4,419

    up €4,419 (+712.7%), from €620 to €5,039

  • Tax, wage and social debts +€4,061

    up €4,061 (+289.7%), from €1,402 to €5,463

  • Trade debts +€2,616

    up €2,616 (+162.0%), from €1,615 to €4,231

Income statement
  • Turnover +€88,917

    new in 2025: €88,917

  • Purchases and services +€62,616

    new in 2025: €62,616

  • Gross operating margin +€22,354

    up €22,354 (+566.3%), from €3,947 to €26,301

  • Taxes +€4,326

    new in 2025: €4,326

  • Financial charges +€903

    up €903 (+361.1%), from €250 to €1,153

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,797
Gross operating margin +€22,354
Depreciation -€572
Other operating charges -€39
Financial income +€24
Financial charges -€903
Taxes -€4,326
Result 2025 €19,335

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,214
Investment -€14,625
Financing -€3,799
Cash 2024 €11,653
Net result for the year +€19,335
Depreciation +€572
Receivables within one year -€1,788
Trade debts +€2,616
Tax, wage and social debts +€4,061
Other debts +€4,419
Investment in fixed assets (net) -€14,625
Contributions, distributions and other -€3,799
Cash 2025 €22,443
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €14,023 €40,655 +€26,632 +189.9%
Fixed assets 21/28 €1,400 €15,454 +€14,054 +1003.8%
Tangible fixed assets 22/27 - €14,054 +€14,054
Plant, machinery and equipment 23 - €13,629 +€13,629
Furniture and vehicles 24 - €425 +€425
Financial fixed assets 28 €1,400 €1,400 = 0.0%
Current assets 29/58 €12,623 €25,201 +€12,578 +99.6%
Amounts receivable within one year 40/41 €970 €2,758 +€1,788 +184.4%
Trade receivables 40 €956 €2,744 +€1,788 +187.0%
Other amounts receivable 41 €14 €14 +€0 +2.9%
Cash at bank and in hand 54/58 €11,653 €22,443 +€10,790 +92.6%
Total equity and liabilities 10/49 €14,023 €40,655 +€26,632 +189.9%
Equity 10/15 €10,386 €25,922 +€15,536 +149.6%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 -€4,614 €10,922 +€15,536
Amounts payable 17/49 €3,637 €14,733 +€11,096 +305.1%
Amounts payable within one year 42/48 €3,637 €14,733 +€11,096 +305.1%
Trade debts 44 €1,615 €4,231 +€2,616 +162.0%
Suppliers 440/4 €1,615 €4,231 +€2,616 +162.0%
Taxes, remuneration and social security 45 €1,402 €5,463 +€4,061 +289.7%
Taxes 450/3 €1,402 €5,463 +€4,061 +289.7%
Other amounts payable 47/48 €620 €5,039 +€4,419 +712.7%
Turnover 70 - €88,917 +€88,917
Goods, raw materials, services and sundry goods 60/61 - €62,616 +€62,616
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €572 +€572
Other operating charges 640/8 €900 €939 +€39 +4.3%
Gross operating margin 9900 €3,947 €26,301 +€22,354 +566.3%
Operating profit (loss) 9901 €3,047 €24,790 +€21,743 +713.6%
Financial income 75/76B €0 €24 +€24
Recurring financial income 75 €0 €24 +€24
Financial charges 65/66B €250 €1,153 +€903 +361.1%
Recurring financial charges 65 €250 €1,153 +€903 +361.1%
Profit (loss) for the period before taxes 9903 €2,797 €23,661 +€20,864 +745.9%
Income taxes 67/77 - €4,326 +€4,326
Profit (loss) for the period 9904 €2,797 €19,335 +€16,538 +591.3%
Profit (loss) for the period to be appropriated 9905 €2,797 €19,335 +€16,538 +591.3%

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 6 October 2026 via checked.be.