ALEXCO: 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.
ALEXCO
Largest movements
- Stocks and contracts +€327,017
up €327,017 (+211.5%), from €154,635 to €481,653
- Receivables after one year -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year -€67,275
down €67,275 (-99.5%), from €67,614 to €339
of which Trade receivables: -€54,501
- Current investments +€55,000
up €55,000 (+47.8%), from €115,000 to €170,000
- Deferred charges and accrued income +€20,216
up €20,216 (+556.9%), from €3,630 to €23,847
- Reserves +€29,556
up €29,556 (+8.6%), from €343,160 to €372,716
of which Distributable reserves: +€29,556
- Tax, wage and social debts +€17,531
up €17,531 (+396.3%), from €4,424 to €21,955
of which Taxes: +€17,192
- Debts after one year -€16,708
down €16,708 (-4.1%), from €408,643 to €391,935
- Gross operating margin +€34,202
up €34,202 (+84.2%), from €40,638 to €74,840
- Other operating charges +€10,194
up €10,194 (+494.0%), from €2,064 to €12,258
- Taxes +€7,657
up €7,657 (+179.3%), from €4,270 to €11,927
- Depreciation -€3,136
down €3,136 (-16.0%), from €19,574 to €16,438
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.
Cash bridge derived
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 | €801,128 | €830,739 | +€29,611 | +3.7% |
| Fixed assets | 21/28 | €159,101 | €148,858 | -€10,243 | -6.4% |
| Tangible fixed assets | 22/27 | €158,941 | €148,698 | -€10,243 | -6.4% |
| Land and buildings | 22 | €154,465 | €140,160 | -€14,305 | -9.3% |
| Plant, machinery and equipment | 23 | €0 | €4,410 | +€4,410 | |
| Furniture and vehicles | 24 | €4,476 | €4,128 | -€349 | -7.8% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €642,027 | €681,881 | +€39,854 | +6.2% |
| Amounts receivable after more than one year | 29 | €300,000 | €0 | -€300,000 | -100.0% |
| Other amounts receivable | 291 | €300,000 | €0 | -€300,000 | -100.0% |
| Stocks and contracts in progress | 3 | €154,635 | €481,653 | +€327,017 | +211.5% |
| Stocks | 30/36 | €154,635 | €481,653 | +€327,017 | +211.5% |
| Amounts receivable within one year | 40/41 | €67,614 | €339 | -€67,275 | -99.5% |
| Trade receivables | 40 | €54,840 | €339 | -€54,501 | -99.4% |
| Other amounts receivable | 41 | €12,774 | €0 | -€12,774 | -100.0% |
| Current investments | 50/53 | €115,000 | €170,000 | +€55,000 | +47.8% |
| Cash at bank and in hand | 54/58 | €1,147 | €6,043 | +€4,896 | +426.9% |
| Deferred charges and accrued income | 490/1 | €3,630 | €23,847 | +€20,216 | +556.9% |
| Total equity and liabilities | 10/49 | €801,128 | €830,739 | +€29,611 | +3.7% |
| Equity | 10/15 | €353,160 | €382,716 | +€29,556 | +8.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €343,160 | €372,716 | +€29,556 | +8.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €343,160 | €372,716 | +€29,556 | +8.6% |
| Amounts payable | 17/49 | €447,968 | €448,023 | +€55 | 0.0% |
| Amounts payable after more than one year | 17 | €408,643 | €391,935 | -€16,708 | -4.1% |
| Financial debts | 170/4 | €408,643 | €391,935 | -€16,708 | -4.1% |
| Amounts payable within one year | 42/48 | €36,995 | €55,023 | +€18,028 | +48.7% |
| Current portion of amounts payable after more than one year | 42 | €16,282 | €16,708 | +€426 | +2.6% |
| Trade debts | 44 | €715 | €4,826 | +€4,111 | +574.8% |
| Suppliers | 440/4 | €715 | €4,826 | +€4,111 | +574.8% |
| Taxes, remuneration and social security | 45 | €4,424 | €21,955 | +€17,531 | +396.3% |
| Taxes | 450/3 | €4,424 | €21,617 | +€17,192 | +388.6% |
| Remuneration and social security | 454/9 | - | €339 | +€339 | |
| Other amounts payable | 47/48 | €15,574 | €11,534 | -€4,040 | -25.9% |
| Accrued charges and deferred income | 492/3 | €2,330 | €1,064 | -€1,266 | -54.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,574 | €16,438 | -€3,136 | -16.0% |
| Other operating charges | 640/8 | €2,064 | €12,258 | +€10,194 | +494.0% |
| Non-recurring operating charges | 66A | €0 | €272 | +€272 | |
| Gross operating margin | 9900 | €40,638 | €74,840 | +€34,202 | +84.2% |
| Operating profit (loss) | 9901 | €19,000 | €45,872 | +€26,872 | +141.4% |
| Financial income | 75/76B | €18 | €173 | +€155 | +838.5% |
| Recurring financial income | 75 | €18 | €173 | +€155 | +838.5% |
| Financial charges | 65/66B | €4,666 | €4,562 | -€104 | -2.2% |
| Recurring financial charges | 65 | €4,666 | €4,562 | -€104 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €14,352 | €41,483 | +€27,131 | +189.0% |
| Income taxes | 67/77 | €4,270 | €11,927 | +€7,657 | +179.3% |
| Profit (loss) for the period | 9904 | €10,082 | €29,556 | +€19,474 | +193.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,082 | €29,556 | +€19,474 | +193.1% |
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 10 October 2026 via checked.be.