Alexcy: 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.
Alexcy
Largest movements
- Cash +€65,001
up €65,001 (+809%), from €8,039 to €73,039
mainly Net result for the year (+€48,545) and Tax, wage and social debts (+€12,612)
- Tangible fixed assets +€25,368
up €25,368 (+205%), from €12,398 to €37,765
of which Furniture and vehicles: +€22,739
- Reserves +€48,545
up €48,545 (+84.2%), from €57,651 to €106,196
- Tax, wage and social debts +€12,612
up €12,612 (+435%), from €2,899 to €15,511
of which Taxes: +€9,473
- Debts after one year +€12,251
new in 2025: €12,251
- Current portion of long-term debt +€8,285
new in 2025: €8,285
- Other debts +€6,350
new in 2025: €6,350
- Gross operating margin +€38,806
up €38,806 (+128%), from €30,287 to €69,093
- Taxes +€7,080
up €7,080 (+119%), from €5,943 to €13,023
- Depreciation +€5,630
up €5,630 (+810%), from €695 to €6,325
- Financial income +€1,265
up €1,265 (+225,886%), from €1 to €1,266
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 | €63,802 | €154,661 | +€90,858 | +142% |
| Fixed assets | 21/28 | €12,398 | €37,765 | +€25,368 | +205% |
| Tangible fixed assets | 22/27 | €12,398 | €37,765 | +€25,368 | +205% |
| Plant, machinery and equipment | 23 | - | €3,779 | +€3,779 | |
| Furniture and vehicles | 24 | €926 | €23,665 | +€22,739 | +2,456% |
| Other tangible fixed assets | 26 | €11,472 | €10,322 | -€1,150 | -10.0% |
| Current assets | 29/58 | €51,405 | €116,895 | +€65,490 | +127% |
| Amounts receivable within one year | 40/41 | €43,366 | €43,521 | +€155 | +0.4% |
| Trade receivables | 40 | €18,366 | €18,521 | +€155 | +0.8% |
| Other amounts receivable | 41 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,039 | €73,039 | +€65,001 | +809% |
| Deferred charges and accrued income | 490/1 | - | €335 | +€335 | |
| Total equity and liabilities | 10/49 | €63,802 | €154,661 | +€90,858 | +142% |
| Equity | 10/15 | €60,651 | €109,196 | +€48,545 | +80.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,651 | €106,196 | +€48,545 | +84.2% |
| Distributable reserves | 133 | €57,651 | €106,196 | +€48,545 | +84.2% |
| Amounts payable | 17/49 | €3,151 | €45,465 | +€42,313 | +1,343% |
| Amounts payable after more than one year | 17 | - | €12,251 | +€12,251 | |
| Financial debts | 170/4 | - | €12,251 | +€12,251 | |
| Amounts payable within one year | 42/48 | €3,151 | €33,214 | +€30,062 | +954% |
| Current portion of amounts payable after more than one year | 42 | - | €8,285 | +€8,285 | |
| Trade debts | 44 | €252 | €3,068 | +€2,815 | +1,115% |
| Suppliers | 440/4 | €252 | €3,068 | +€2,815 | +1,115% |
| Taxes, remuneration and social security | 45 | €2,899 | €15,511 | +€12,612 | +435% |
| Taxes | 450/3 | €2,899 | €12,372 | +€9,473 | +327% |
| Remuneration and social security | 454/9 | - | €3,139 | +€3,139 | |
| Other amounts payable | 47/48 | - | €6,350 | +€6,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €6,325 | +€5,630 | +810% |
| Other operating charges | 640/8 | €531 | €1,189 | +€658 | +124% |
| Gross operating margin | 9900 | €30,287 | €69,093 | +€38,806 | +128% |
| Operating profit (loss) | 9901 | €29,060 | €61,579 | +€32,519 | +112% |
| Financial income | 75/76B | €1 | €1,266 | +€1,265 | +225,886% |
| Recurring financial income | 75 | €1 | €1,266 | +€1,265 | +225,886% |
| Financial charges | 65/66B | €901 | €1,277 | +€375 | +41.7% |
| Recurring financial charges | 65 | €901 | €1,277 | +€375 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €28,160 | €61,568 | +€33,408 | +119% |
| Income taxes | 67/77 | €5,943 | €13,023 | +€7,080 | +119% |
| Profit (loss) for the period | 9904 | €22,216 | €48,545 | +€26,329 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €22,216 | €48,545 | +€26,329 | +119% |
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 14 October 2026 via checked.be.