Alexandria: 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.
Alexandria
Largest movements
- Receivables within one year +€33,351
up €33,351 (+225%), from €14,806 to €48,157
- Cash -€836
down €836 (-53.6%), from €1,560 to €725
mainly Receivables within one year (-€33,351) and Contributions, distributions and other (-€5,551)
- Profit (loss) carried forward +€13,435
up €13,435 (+107%), from €12,595 to €26,030
- Trade debts +€11,798
up €11,798 (+811%), from €1,456 to €13,254
- Tax, wage and social debts +€6,234
up €6,234 (+169%), from €3,689 to €9,923
- Gross operating margin +€8,722
up €8,722 (+48.6%), from €17,965 to €26,687
- Taxes +€1,828
up €1,828 (+57.0%), from €3,207 to €5,036
- Depreciation -€1,187
down €1,187 (-66.3%), from €1,790 to €603
- Other operating charges +€971
up €971 (+485%), from €200 to €1,171
- Financial charges +€867
up €867 (+3,483%), from €25 to €892
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 | €18,739 | €50,206 | +€31,467 | +168% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,373 | €1,325 | -€1,048 | -44.2% |
| Intangible fixed assets | 21 | €1,080 | €945 | -€135 | -12.5% |
| Tangible fixed assets | 22/27 | €848 | €380 | -€468 | -55.2% |
| Plant, machinery and equipment | 23 | €848 | €380 | -€468 | -55.2% |
| Financial fixed assets | 28 | €445 | - | -€445 | |
| Current assets | 29/58 | €16,366 | €48,882 | +€32,515 | +199% |
| Amounts receivable within one year | 40/41 | €14,806 | €48,157 | +€33,351 | +225% |
| Other amounts receivable | 41 | €14,806 | €48,157 | +€33,351 | +225% |
| Cash at bank and in hand | 54/58 | €1,560 | €725 | -€836 | -53.6% |
| Total equity and liabilities | 10/49 | €18,739 | €50,206 | +€31,467 | +168% |
| Equity | 10/15 | €13,595 | €27,030 | +€13,435 | +98.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,595 | €26,030 | +€13,435 | +107% |
| Amounts payable | 17/49 | €5,144 | €23,177 | +€18,032 | +351% |
| Amounts payable within one year | 42/48 | €5,144 | €23,177 | +€18,032 | +351% |
| Trade debts | 44 | €1,456 | €13,254 | +€11,798 | +811% |
| Suppliers | 440/4 | €1,456 | €13,254 | +€11,798 | +811% |
| Taxes, remuneration and social security | 45 | €3,689 | €9,923 | +€6,234 | +169% |
| Taxes | 450/3 | €3,689 | €9,923 | +€6,234 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,790 | €603 | -€1,187 | -66.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €270 | - | -€270 | |
| Other operating charges | 640/8 | €200 | €1,171 | +€971 | +485% |
| Gross operating margin | 9900 | €17,965 | €26,687 | +€8,722 | +48.6% |
| Operating profit (loss) | 9901 | €15,705 | €24,913 | +€9,208 | +58.6% |
| Financial income | 75/76B | €122 | €0 | -€122 | -99.8% |
| Recurring financial income | 75 | €122 | €0 | -€122 | -99.8% |
| Financial charges | 65/66B | €25 | €892 | +€867 | +3,483% |
| Recurring financial charges | 65 | €25 | €892 | +€867 | +3,483% |
| Profit (loss) for the period before taxes | 9903 | €15,802 | €24,021 | +€8,219 | +52.0% |
| Income taxes | 67/77 | €3,207 | €5,036 | +€1,828 | +57.0% |
| Profit (loss) for the period | 9904 | €12,595 | €18,986 | +€6,390 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,595 | €18,986 | +€6,390 | +50.7% |
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 17 October 2026 via checked.be.