AlexFinitions: 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.
AlexFinitions
Largest movements
- Receivables within one year +€7,742
up €7,742 (+337%), from €2,299 to €10,041
of which Trade receivables: +€8,970
- Cash +€7,729
up €7,729 (+180%), from €4,282 to €12,012
mainly Trade debts (+€7,608) and Depreciation (+€4,013)
- Tangible fixed assets -€3,457
down €3,457 (-22.9%), from €15,123 to €11,666
of which Furniture and vehicles: -€2,900
- Deferred charges and accrued income +€1,410
new in 2024: €1,410
- Formation expenses -€557
no longer reported in 2024 (was €557)
- Trade debts +€7,608
up €7,608 (+2,102%), from €362 to €7,970
- Tax, wage and social debts +€2,753
up €2,753 (+795%), from €347 to €3,100
of which Remuneration and social security: +€2,163
- Profit (loss) carried forward +€1,702
up €1,702, from -€1,492 to €209
- Other debts +€805
up €805 (+3.9%), from €20,545 to €21,350
- Gross operating margin +€4,655
up €4,655 (+181%), from €2,573 to €7,227
- Other operating charges +€723
up €723 (+266%), from €272 to €995
- Taxes +€487
new in 2024: €487
- Depreciation +€242
up €242 (+6.4%), from €3,772 to €4,013
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 | €22,261 | €35,128 | +€12,867 | +57.8% |
| Formation expenses | 20 | €557 | - | -€557 | |
| Fixed assets | 21/28 | €15,123 | €11,666 | -€3,457 | -22.9% |
| Tangible fixed assets | 22/27 | €15,123 | €11,666 | -€3,457 | -22.9% |
| Plant, machinery and equipment | 23 | €2,532 | €1,975 | -€557 | -22.0% |
| Furniture and vehicles | 24 | €12,590 | €9,690 | -€2,900 | -23.0% |
| Current assets | 29/58 | €6,582 | €23,462 | +€16,881 | +256% |
| Amounts receivable within one year | 40/41 | €2,299 | €10,041 | +€7,742 | +337% |
| Trade receivables | 40 | €1,071 | €10,041 | +€8,970 | +838% |
| Other amounts receivable | 41 | €1,228 | - | -€1,228 | |
| Cash at bank and in hand | 54/58 | €4,282 | €12,012 | +€7,729 | +180% |
| Deferred charges and accrued income | 490/1 | - | €1,410 | +€1,410 | |
| Total equity and liabilities | 10/49 | €22,261 | €35,128 | +€12,867 | +57.8% |
| Equity | 10/15 | €1,008 | €2,709 | +€1,702 | +169% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,492 | €209 | +€1,702 | |
| Amounts payable | 17/49 | €21,253 | €32,419 | +€11,166 | +52.5% |
| Amounts payable within one year | 42/48 | €21,253 | €32,419 | +€11,166 | +52.5% |
| Trade debts | 44 | €362 | €7,970 | +€7,608 | +2,102% |
| Suppliers | 440/4 | €362 | €7,970 | +€7,608 | +2,102% |
| Taxes, remuneration and social security | 45 | €347 | €3,100 | +€2,753 | +795% |
| Taxes | 450/3 | €347 | €937 | +€591 | +170% |
| Remuneration and social security | 454/9 | - | €2,163 | +€2,163 | |
| Other amounts payable | 47/48 | €20,545 | €21,350 | +€805 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,772 | €4,013 | +€242 | +6.4% |
| Other operating charges | 640/8 | €272 | €995 | +€723 | +266% |
| Gross operating margin | 9900 | €2,573 | €7,227 | +€4,655 | +181% |
| Operating profit (loss) | 9901 | -€1,471 | €2,219 | +€3,690 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €21 | €34 | +€12 | +58.0% |
| Recurring financial charges | 65 | €21 | €34 | +€12 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,492 | €2,189 | +€3,682 | |
| Income taxes | 67/77 | - | €487 | +€487 | |
| Profit (loss) for the period | 9904 | -€1,492 | €1,702 | +€3,194 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,492 | €1,702 | +€3,194 |
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 23 October 2026 via checked.be.