ALEXANDRIA II: 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 II
Largest movements
- Receivables within one year -€8,478
down €8,478 (-92.5%), from €9,169 to €692
of which Trade receivables: -€8,780
- Tangible fixed assets -€3,868
down €3,868 (-84.0%), from €4,605 to €738
of which Furniture and vehicles: -€3,676
- Financial fixed assets +€287
up €287 (+7.0%), from €4,070 to €4,357
- Trade debts -€7,309
down €7,309 (-99.1%), from €7,375 to €66
- Profit (loss) carried forward -€5,098
down €5,098 (-16.0%), from -€31,839 to -€36,938
- Current portion of long-term debt -€3,614
no longer reported in 2025 (was €3,614)
- Other debts +€1,678
up €1,678 (+11.5%), from €14,605 to €16,284
- Tax, wage and social debts +€1,650
up €1,650 (+45.0%), from €3,664 to €5,314
of which Remuneration and social security: +€2,117
- Gross operating margin -€5,384
down €5,384 (-14.1%), from €38,320 to €32,936
- Depreciation -€4,812
down €4,812 (-55.4%), from €8,680 to €3,868
- Other operating charges -€514
down €514 (-28.4%), from €1,812 to €1,297
- Staff costs +€396
up €396 (+1.3%), from €31,390 to €31,786
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 | €18,469 | €6,490 | -€11,978 | -64.9% |
| Fixed assets | 21/28 | €8,675 | €5,094 | -€3,581 | -41.3% |
| Tangible fixed assets | 22/27 | €4,605 | €738 | -€3,868 | -84.0% |
| Plant, machinery and equipment | 23 | €192 | - | -€192 | |
| Furniture and vehicles | 24 | €4,413 | €738 | -€3,676 | -83.3% |
| Financial fixed assets | 28 | €4,070 | €4,357 | +€287 | +7.0% |
| Current assets | 29/58 | €9,793 | €1,396 | -€8,397 | -85.7% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,169 | €692 | -€8,478 | -92.5% |
| Trade receivables | 40 | €8,780 | - | -€8,780 | |
| Other amounts receivable | 41 | €390 | €692 | +€302 | +77.4% |
| Cash at bank and in hand | 54/58 | €124 | €204 | +€80 | +64.6% |
| Total equity and liabilities | 10/49 | €18,469 | €6,490 | -€11,978 | -64.9% |
| Equity | 10/15 | -€11,380 | -€16,478 | -€5,098 | -44.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,839 | -€36,938 | -€5,098 | -16.0% |
| Amounts payable | 17/49 | €29,849 | €22,969 | -€6,880 | -23.0% |
| Amounts payable within one year | 42/48 | €29,849 | €22,969 | -€6,880 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €3,614 | - | -€3,614 | |
| Financial debts | 43 | €590 | €1,304 | +€714 | +121% |
| Credit institutions | 430/8 | €590 | €1,304 | +€714 | +121% |
| Trade debts | 44 | €7,375 | €66 | -€7,309 | -99.1% |
| Suppliers | 440/4 | €7,375 | €66 | -€7,309 | -99.1% |
| Taxes, remuneration and social security | 45 | €3,664 | €5,314 | +€1,650 | +45.0% |
| Taxes | 450/3 | €467 | - | -€467 | |
| Remuneration and social security | 454/9 | €3,197 | €5,314 | +€2,117 | +66.2% |
| Other amounts payable | 47/48 | €14,605 | €16,284 | +€1,678 | +11.5% |
| Remuneration, social security and pensions | 62 | €31,390 | €31,786 | +€396 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,680 | €3,868 | -€4,812 | -55.4% |
| Other operating charges | 640/8 | €1,812 | €1,297 | -€514 | -28.4% |
| Gross operating margin | 9900 | €38,320 | €32,936 | -€5,384 | -14.1% |
| Operating profit (loss) | 9901 | -€3,562 | -€4,015 | -€454 | -12.7% |
| Financial income | 75/76B | €0 | €23 | +€23 | +6,235% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +6,235% |
| Financial charges | 65/66B | €1,017 | €975 | -€42 | -4.1% |
| Recurring financial charges | 65 | €1,017 | €975 | -€42 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,578 | -€4,967 | -€388 | -8.5% |
| Income taxes | 67/77 | - | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€4,578 | -€5,098 | -€520 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,578 | -€5,098 | -€520 | -11.4% |
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 30 October 2026 via checked.be.