ALEXEO: what changed
Two fiscal 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.
ALEXEO
Largest movements
- Receivables within one year -€168,112
down €168,112 (-63.7%), from €263,873 to €95,761
of which Other amounts receivable: -€166,896
- Cash +€8,376
up €8,376 (+3.5%), from €236,976 to €245,351
mainly Receivables within one year (+€168,112) and Depreciation (+€15,419)
- Other debts -€141,655
down €141,655 (-70.8%), from €200,000 to €58,345
- Profit (loss) carried forward -€35,105
down €35,105 (-7.5%), from €470,847 to €435,742
- Trade debts +€7,478
up €7,478 (+238.7%), from €3,132 to €10,610
- Depreciation -€7,494
down €7,494 (-32.7%), from €22,913 to €15,419
- Financial charges -€6,919
down €6,919 (-98.3%), from €7,038 to €119
- Staff costs +€5,841
up €5,841 (+3.7%), from €157,048 to €162,888
- Other operating charges +€4,707
up €4,707 (+390.7%), from €1,205 to €5,912
- Financial income -€4,072
no longer reported in 2025 (was €4,072)
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.
Cash bridge derived
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 | €730,674 | €567,410 | -€163,263 | -22.3% |
| Fixed assets | 21/28 | €227,153 | €224,014 | -€3,140 | -1.4% |
| Tangible fixed assets | 22/27 | €226,893 | €223,754 | -€3,140 | -1.4% |
| Furniture and vehicles | 24 | €141,985 | €144,776 | +€2,791 | +2.0% |
| Other tangible fixed assets | 26 | €84,908 | €78,978 | -€5,931 | -7.0% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €503,520 | €343,397 | -€160,124 | -31.8% |
| Amounts receivable within one year | 40/41 | €263,873 | €95,761 | -€168,112 | -63.7% |
| Trade receivables | 40 | €38,977 | €37,761 | -€1,216 | -3.1% |
| Other amounts receivable | 41 | €224,896 | €58,000 | -€166,896 | -74.2% |
| Cash at bank and in hand | 54/58 | €236,976 | €245,351 | +€8,376 | +3.5% |
| Deferred charges and accrued income | 490/1 | €2,672 | €2,284 | -€387 | -14.5% |
| Total equity and liabilities | 10/49 | €730,674 | €567,410 | -€163,263 | -22.3% |
| Equity | 10/15 | €491,307 | €456,202 | -€35,105 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €470,847 | €435,742 | -€35,105 | -7.5% |
| Amounts payable | 17/49 | €239,367 | €111,209 | -€128,158 | -53.5% |
| Amounts payable within one year | 42/48 | €239,367 | €111,209 | -€128,158 | -53.5% |
| Trade debts | 44 | €3,132 | €10,610 | +€7,478 | +238.7% |
| Suppliers | 440/4 | €3,132 | €10,610 | +€7,478 | +238.7% |
| Taxes, remuneration and social security | 45 | €36,235 | €42,254 | +€6,019 | +16.6% |
| Taxes | 450/3 | €11,405 | €10,972 | -€433 | -3.8% |
| Remuneration and social security | 454/9 | €24,830 | €31,282 | +€6,452 | +26.0% |
| Other amounts payable | 47/48 | €200,000 | €58,345 | -€141,655 | -70.8% |
| Remuneration, social security and pensions | 62 | €157,048 | €162,888 | +€5,841 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,913 | €15,419 | -€7,494 | -32.7% |
| Other operating charges | 640/8 | €1,205 | €5,912 | +€4,707 | +390.7% |
| Gross operating margin | 9900 | €152,909 | €149,570 | -€3,338 | -2.2% |
| Operating profit (loss) | 9901 | -€28,257 | -€34,649 | -€6,392 | -22.6% |
| Financial income | 75/76B | €4,072 | - | -€4,072 | |
| Recurring financial income | 75 | €4,072 | - | -€4,072 | |
| Financial charges | 65/66B | €7,038 | €119 | -€6,919 | -98.3% |
| Recurring financial charges | 65 | €7,038 | €119 | -€6,919 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,222 | -€34,767 | -€3,545 | -11.4% |
| Income taxes | 67/77 | €444 | €338 | -€107 | -24.0% |
| Profit (loss) for the period | 9904 | -€31,667 | -€35,105 | -€3,438 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,667 | -€35,105 | -€3,438 | -10.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.