ALEXANDROS: 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.
ALEXANDROS
Largest movements
- Tangible fixed assets +€27,147
up €27,147 (+84.4%), from €32,152 to €59,299
of which Furniture and vehicles: +€35,275
- Cash -€18,987
down €18,987 (-35.2%), from €53,882 to €34,895
mainly Investment in fixed assets (net) (-€50,908) and Other debts (-€10,666)
- Receivables within one year -€9,766
down €9,766 (-97.7%), from €9,992 to €226
- Other debts -€10,666
down €10,666 (-22.5%), from €47,450 to €36,784
- Reserves +€9,380
new in 2024: €9,380
- Profit (loss) carried forward +€4,532
no longer reported in 2024 (was -€4,532)
- Debts after one year -€3,000
down €3,000 (-11.6%), from €25,907 to €22,907
- Tax, wage and social debts -€1,467
down €1,467 (-24.1%), from €6,084 to €4,617
of which Remuneration and social security: -€2,193
- Gross operating margin +€31,012
up €31,012 (+77.2%), from €40,167 to €71,179
- Depreciation +€19,101
up €19,101 (+410%), from €4,660 to €23,761
- Staff costs +€11,832
up €11,832 (+81.1%), from €14,583 to €26,415
- Taxes +€2,508
new in 2024: €2,508
- Other operating charges +€1,624
up €1,624 (+171%), from €951 to €2,575
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 | €102,026 | €100,420 | -€1,606 | -1.6% |
| Fixed assets | 21/28 | €38,152 | €65,299 | +€27,147 | +71.2% |
| Tangible fixed assets | 22/27 | €32,152 | €59,299 | +€27,147 | +84.4% |
| Land and buildings | 22 | €3,143 | €2,528 | -€615 | -19.6% |
| Plant, machinery and equipment | 23 | €29,009 | €21,496 | -€7,513 | -25.9% |
| Furniture and vehicles | 24 | - | €35,275 | +€35,275 | |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €63,874 | €35,121 | -€28,753 | -45.0% |
| Amounts receivable within one year | 40/41 | €9,992 | €226 | -€9,766 | -97.7% |
| Trade receivables | 40 | €9,992 | €226 | -€9,766 | -97.7% |
| Cash at bank and in hand | 54/58 | €53,882 | €34,895 | -€18,987 | -35.2% |
| Total equity and liabilities | 10/49 | €102,026 | €100,420 | -€1,606 | -1.6% |
| Equity | 10/15 | €14,060 | €27,972 | +€13,912 | +98.9% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | - | €9,380 | +€9,380 | |
| Distributable reserves | 133 | - | €9,380 | +€9,380 | |
| Profit (loss) carried forward | 14 | -€4,532 | - | +€4,532 | |
| Amounts payable | 17/49 | €87,966 | €72,448 | -€15,518 | -17.6% |
| Amounts payable after more than one year | 17 | €25,907 | €22,907 | -€3,000 | -11.6% |
| Financial debts | 170/4 | €25,907 | €22,907 | -€3,000 | -11.6% |
| Amounts payable within one year | 42/48 | €62,059 | €49,541 | -€12,518 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €2,763 | €3,000 | +€237 | +8.6% |
| Trade debts | 44 | €5,761 | €5,140 | -€621 | -10.8% |
| Suppliers | 440/4 | €5,761 | €5,140 | -€621 | -10.8% |
| Taxes, remuneration and social security | 45 | €6,084 | €4,617 | -€1,467 | -24.1% |
| Taxes | 450/3 | €3,892 | €4,617 | +€725 | +18.6% |
| Remuneration and social security | 454/9 | €2,193 | - | -€2,193 | |
| Other amounts payable | 47/48 | €47,450 | €36,784 | -€10,666 | -22.5% |
| Remuneration, social security and pensions | 62 | €14,583 | €26,415 | +€11,832 | +81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,660 | €23,761 | +€19,101 | +410% |
| Other operating charges | 640/8 | €951 | €2,575 | +€1,624 | +171% |
| Gross operating margin | 9900 | €40,167 | €71,179 | +€31,012 | +77.2% |
| Operating profit (loss) | 9901 | €19,974 | €18,428 | -€1,546 | -7.7% |
| Financial income | 75/76B | €15 | €13 | -€2 | -14.2% |
| Recurring financial income | 75 | €15 | €13 | -€2 | -14.2% |
| Financial charges | 65/66B | €1,622 | €2,021 | +€399 | +24.6% |
| Recurring financial charges | 65 | €1,622 | €2,021 | +€399 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €18,366 | €16,420 | -€1,946 | -10.6% |
| Income taxes | 67/77 | - | €2,508 | +€2,508 | |
| Profit (loss) for the period | 9904 | €18,366 | €13,912 | -€4,454 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,366 | €13,912 | -€4,454 | -24.3% |
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 30 October 2026 via checked.be.