ALEXANDRE DASSÉ: 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.
ALEXANDRE DASSÉ
Largest movements
- Receivables within one year +€123,568
up €123,568 (+89.8%), from €137,651 to €261,219
- Cash -€34,112
down €34,112 (-27.9%), from €122,454 to €88,342
mainly Receivables within one year (-€123,568) and Tax, wage and social debts (-€4,738)
- Reserves +€97,000
up €97,000 (+58.1%), from €167,000 to €264,000
- Tax, wage and social debts -€4,738
down €4,738 (-6.3%), from €74,855 to €70,117
- Gross operating margin +€5,524
up €5,524 (+4.9%), from €112,779 to €118,303
- Financial income +€4,873
up €4,873 (+73.1%), from €6,663 to €11,536
- Other operating charges +€3,750
up €3,750 (+2033.2%), from €184 to €3,934
- Taxes -€1,923
down €1,923 (-6.6%), from €29,309 to €27,386
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 | €260,505 | €350,172 | +€89,666 | +34.4% |
| Current assets | 29/58 | €260,505 | €350,172 | +€89,666 | +34.4% |
| Amounts receivable within one year | 40/41 | €137,651 | €261,219 | +€123,568 | +89.8% |
| Other amounts receivable | 41 | €137,651 | €261,219 | +€123,568 | +89.8% |
| Cash at bank and in hand | 54/58 | €122,454 | €88,342 | -€34,112 | -27.9% |
| Deferred charges and accrued income | 490/1 | €400 | €610 | +€210 | +52.3% |
| Total equity and liabilities | 10/49 | €260,505 | €350,172 | +€89,666 | +34.4% |
| Equity | 10/15 | €182,958 | €279,683 | +€96,725 | +52.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €167,000 | €264,000 | +€97,000 | +58.1% |
| Distributable reserves | 133 | €167,000 | €264,000 | +€97,000 | +58.1% |
| Profit (loss) carried forward | 14 | €958 | €683 | -€275 | -28.7% |
| Amounts payable | 17/49 | €77,548 | €70,489 | -€7,059 | -9.1% |
| Amounts payable within one year | 42/48 | €77,548 | €70,489 | -€7,059 | -9.1% |
| Trade debts | 44 | €2,692 | €371 | -€2,321 | -86.2% |
| Suppliers | 440/4 | €2,692 | €371 | -€2,321 | -86.2% |
| Taxes, remuneration and social security | 45 | €74,855 | €70,117 | -€4,738 | -6.3% |
| Taxes | 450/3 | €74,855 | €70,117 | -€4,738 | -6.3% |
| Other operating charges | 640/8 | €184 | €3,934 | +€3,750 | +2033.2% |
| Gross operating margin | 9900 | €112,779 | €118,303 | +€5,524 | +4.9% |
| Operating profit (loss) | 9901 | €112,595 | €114,369 | +€1,774 | +1.6% |
| Financial income | 75/76B | €6,663 | €11,536 | +€4,873 | +73.1% |
| Recurring financial income | 75 | €6,663 | €11,536 | +€4,873 | +73.1% |
| Financial charges | 65/66B | €1,550 | €1,793 | +€243 | +15.7% |
| Recurring financial charges | 65 | €1,550 | €1,793 | +€243 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €117,708 | €124,111 | +€6,403 | +5.4% |
| Income taxes | 67/77 | €29,309 | €27,386 | -€1,923 | -6.6% |
| Profit (loss) for the period | 9904 | €88,399 | €96,725 | +€8,326 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,399 | €96,725 | +€8,326 | +9.4% |
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 8 October 2026 via checked.be.