ALEXANDRINE: 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.
ALEXANDRINE
Largest movements
- Cash -€19,005
down €19,005 (-80.0%), from €23,763 to €4,757
mainly Other debts (-€34,987) and Trade debts (-€22,008)
- Deferred charges and accrued income -€17,513
down €17,513 (-91.4%), from €19,169 to €1,656
- Receivables within one year -€3,119
down €3,119 (-50.3%), from €6,197 to €3,078
of which Other amounts receivable: -€3,382
- Tangible fixed assets -€833
down €833 (-10.3%), from €8,059 to €7,226
- Other debts -€34,987
down €34,987 (-100%), from €34,987 to €0
- Trade debts -€22,008
down €22,008 (-90.9%), from €24,208 to €2,200
- Profit (loss) carried forward +€8,518
up €8,518 (+55.3%), from -€15,401 to -€6,882
- Tax, wage and social debts +€7,906
up €7,906 (+144%), from €5,503 to €13,409
of which Taxes: +€9,857
- Financial income +€37,729
up €37,729 (+12,114%), from €311 to €38,041
- Staff costs +€26,968
up €26,968 (+229%), from €11,781 to €38,749
- Gross operating margin +€20,654
up €20,654, from -€2,795 to €17,858
- Taxes +€4,323
new in 2024: €4,323
- Financial charges +€1,510
up €1,510 (+175%), from €864 to €2,375
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,348 | €18,877 | -€40,471 | -68.2% |
| Fixed assets | 21/28 | €10,219 | €9,386 | -€833 | -8.2% |
| Tangible fixed assets | 22/27 | €8,059 | €7,226 | -€833 | -10.3% |
| Other tangible fixed assets | 26 | €8,059 | €7,226 | -€833 | -10.3% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €49,129 | €9,491 | -€39,638 | -80.7% |
| Amounts receivable within one year | 40/41 | €6,197 | €3,078 | -€3,119 | -50.3% |
| Trade receivables | 40 | €2,815 | €3,078 | +€263 | +9.4% |
| Other amounts receivable | 41 | €3,382 | €0 | -€3,382 | -100% |
| Cash at bank and in hand | 54/58 | €23,763 | €4,757 | -€19,005 | -80.0% |
| Deferred charges and accrued income | 490/1 | €19,169 | €1,656 | -€17,513 | -91.4% |
| Total equity and liabilities | 10/49 | €59,348 | €18,877 | -€40,471 | -68.2% |
| Equity | 10/15 | -€5,351 | €3,168 | +€8,518 | |
| Contributions | 10/11 | €10,050 | €10,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,401 | -€6,882 | +€8,518 | +55.3% |
| Amounts payable | 17/49 | €64,698 | €15,709 | -€48,989 | -75.7% |
| Amounts payable within one year | 42/48 | €64,698 | €15,609 | -€49,089 | -75.9% |
| Trade debts | 44 | €24,208 | €2,200 | -€22,008 | -90.9% |
| Suppliers | 440/4 | €24,208 | €2,200 | -€22,008 | -90.9% |
| Taxes, remuneration and social security | 45 | €5,503 | €13,409 | +€7,906 | +144% |
| Taxes | 450/3 | €98 | €9,955 | +€9,857 | +10,081% |
| Remuneration and social security | 454/9 | €5,405 | €3,454 | -€1,951 | -36.1% |
| Other amounts payable | 47/48 | €34,987 | €0 | -€34,987 | -100% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Remuneration, social security and pensions | 62 | €11,781 | €38,749 | +€26,968 | +229% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €833 | +€561 | +206% |
| Other operating charges | 640/8 | - | €1,101 | +€1,101 | |
| Gross operating margin | 9900 | -€2,795 | €17,858 | +€20,654 | |
| Operating profit (loss) | 9901 | -€14,848 | -€22,825 | -€7,977 | -53.7% |
| Financial income | 75/76B | €311 | €38,041 | +€37,729 | +12,114% |
| Recurring financial income | 75 | €311 | €38,041 | +€37,729 | +12,114% |
| Financial charges | 65/66B | €864 | €2,375 | +€1,510 | +175% |
| Recurring financial charges | 65 | €864 | €2,375 | +€1,510 | +175% |
| Profit (loss) for the period before taxes | 9903 | -€15,401 | €12,841 | +€28,242 | |
| Income taxes | 67/77 | - | €4,323 | +€4,323 | |
| Profit (loss) for the period | 9904 | -€15,401 | €8,518 | +€23,919 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,401 | €8,518 | +€23,919 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.