ALEXANDRE le GRAND: what changed
What changed
ALEXANDRE le GRAND
filed annual accounts (NBB)
Net result for the year
-€44,010
2024 · -€71,509+€27,499
Equity
€659,708
2024 · €703,718-€44,010
Cash
€1,368
2024 · €6,269-€4,901
Balance sheet total
€2.1m
2024 · €2.2m-€122,260
Largest movements
Assets
- Tangible fixed assets -€135,025
down €135,025 (-6.3%), from €2.1m to €2.0m
of which Land and buildings: -€79,443
Equity and liabilities
- Debts after one year -€85,053
down €85,053 (-9.6%), from €888,788 to €803,735
- Profit (loss) carried forward -€36,997
down €36,997 (-7.3%), from €504,690 to €467,693
Income statement
- Depreciation -€39,560
down €39,560 (-18.0%), from €219,185 to €179,625
- Gross operating margin -€20,344
down €20,344 (-9.7%), from €210,557 to €190,214
- Other operating charges -€5,525
down €5,525 (-23.2%), from €23,863 to €18,338
- Taxes -€5,199
no longer reported in 2025 (was €5,199)
- Financial charges +€2,408
up €2,408 (+6.7%), from €36,191 to €38,599
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€71,509
Gross operating margin
-€20,344
Depreciation
+€39,560
Other operating charges
+€5,525
Financial income
-€33
Financial charges
-€2,408
Taxes
+€5,199
Result 2025
-€44,010
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€131,382
Investment
-€44,600
Financing
-€91,682
Cash 2024
€6,269
From operations (derived)
+€131,382
Net result for the year
-€44,010
Depreciation
+€179,625
Stocks and contracts
-€325
Receivables within one year
-€9,151
Deferred charges and accrued income
-€8,189
Provisions
-€2,338
Trade debts
+€17,860
Tax, wage and social debts
-€4,068
Other debts
+€980
Accrued charges and deferred income
+€998
Investment (derived)
-€44,600
Investment in fixed assets (net)
-€44,600
Financing
-€91,682
Debts after one year
-€85,053
Current portion of long-term debt
+€3,185
Short-term financial debts
-€9,814
Cash 2025
€1,368
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,247,272 | €2,125,012 | -€122,260 | -5.4% |
| Fixed assets | 21/28 | €2,133,606 | €1,998,581 | -€135,025 | -6.3% |
| Tangible fixed assets | 22/27 | €2,133,606 | €1,998,581 | -€135,025 | -6.3% |
| Land and buildings | 22 | €1,373,304 | €1,293,860 | -€79,443 | -5.8% |
| Plant, machinery and equipment | 23 | €40,224 | €33,391 | -€6,833 | -17.0% |
| Furniture and vehicles | 24 | €16,604 | €12,300 | -€4,305 | -25.9% |
| Other tangible fixed assets | 26 | €703,474 | €659,030 | -€44,444 | -6.3% |
| Current assets | 29/58 | €113,666 | €126,431 | +€12,765 | +11.2% |
| Stocks and contracts in progress | 3 | €20,528 | €20,853 | +€325 | +1.6% |
| Stocks | 30/36 | €20,528 | €20,853 | +€325 | +1.6% |
| Amounts receivable within one year | 40/41 | €86,870 | €96,021 | +€9,151 | +10.5% |
| Trade receivables | 40 | €30,185 | - | -€30,185 | |
| Other amounts receivable | 41 | €56,685 | €96,021 | +€39,336 | +69.4% |
| Cash at bank and in hand | 54/58 | €6,269 | €1,368 | -€4,901 | -78.2% |
| Deferred charges and accrued income | 490/1 | - | €8,189 | +€8,189 | |
| Total equity and liabilities | 10/49 | €2,247,272 | €2,125,012 | -€122,260 | -5.4% |
| Equity | 10/15 | €703,718 | €659,708 | -€44,010 | -6.3% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Revaluation surpluses | 12 | €64,700 | €64,700 | = | 0.0% |
| Reserves | 13 | €66,156 | €59,143 | -€7,013 | -10.6% |
| Tax-exempt reserves | 132 | €46,950 | €39,937 | -€7,013 | -14.9% |
| Distributable reserves | 133 | €19,207 | €19,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | €504,690 | €467,693 | -€36,997 | -7.3% |
| Provisions and deferred taxes | 16 | €28,050 | €25,712 | -€2,338 | -8.3% |
| Provisions for liabilities and charges | 160/5 | €12,400 | €12,400 | = | 0.0% |
| Pensions and similar obligations | 160 | €12,400 | €12,400 | = | 0.0% |
| Deferred taxes | 168 | €15,650 | €13,312 | -€2,338 | -14.9% |
| Amounts payable | 17/49 | €1,515,505 | €1,439,592 | -€75,913 | -5.0% |
| Amounts payable after more than one year | 17 | €888,788 | €803,735 | -€85,053 | -9.6% |
| Financial debts | 170/4 | €888,788 | €803,735 | -€85,053 | -9.6% |
| Amounts payable within one year | 42/48 | €626,717 | €634,860 | +€8,143 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €81,868 | €85,053 | +€3,185 | +3.9% |
| Financial debts | 43 | €9,814 | - | -€9,814 | |
| Credit institutions | 430/8 | €9,814 | - | -€9,814 | |
| Trade debts | 44 | €19,008 | €36,867 | +€17,860 | +94.0% |
| Suppliers | 440/4 | €19,008 | €36,867 | +€17,860 | +94.0% |
| Taxes, remuneration and social security | 45 | €4,413 | €346 | -€4,068 | -92.2% |
| Taxes | 450/3 | €4,413 | €346 | -€4,068 | -92.2% |
| Other amounts payable | 47/48 | €511,614 | €512,594 | +€980 | +0.2% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,185 | €179,625 | -€39,560 | -18.0% |
| Other operating charges | 640/8 | €23,863 | €18,338 | -€5,525 | -23.2% |
| Gross operating margin | 9900 | €210,557 | €190,214 | -€20,344 | -9.7% |
| Operating profit (loss) | 9901 | -€32,491 | -€7,750 | +€24,741 | +76.1% |
| Financial income | 75/76B | €34 | €1 | -€33 | -97.4% |
| Recurring financial income | 75 | €34 | €1 | -€33 | -97.4% |
| Financial charges | 65/66B | €36,191 | €38,599 | +€2,408 | +6.7% |
| Recurring financial charges | 65 | €36,191 | €38,599 | +€2,408 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€68,648 | -€46,348 | +€22,300 | +32.5% |
| Transfer from deferred taxes | 780 | €2,338 | €2,338 | = | 0.0% |
| Income taxes | 67/77 | €5,199 | - | -€5,199 | |
| Profit (loss) for the period | 9904 | -€71,509 | -€44,010 | +€27,499 | +38.5% |
| Transfer from tax-exempt reserves | 789 | €7,013 | €7,013 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,496 | -€36,997 | +€27,499 | +42.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.