Alexma: 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.
Alexma
Largest movements
- Receivables within one year +€19,924
up €19,924 (+294.3%), from €6,771 to €26,695
of which Trade receivables: +€17,395
- Tangible fixed assets -€5,727
down €5,727 (-32.2%), from €17,758 to €12,032
of which Plant, machinery and equipment: -€3,000
- Deferred charges and accrued income -€3,246
down €3,246 (-54.4%), from €5,961 to €2,716
- Stocks and contracts +€1,741
up €1,741 (+72.6%), from €2,400 to €4,141
- Trade debts +€6,362
up €6,362 (+109.7%), from €5,799 to €12,160
- Tax, wage and social debts +€5,203
up €5,203 (+77.9%), from €6,682 to €11,884
of which Remuneration and social security: +€4,045
- Reserves +€2,077
up €2,077 (+3.2%), from €65,049 to €67,126
- Accrued charges and deferred income -€1,526
down €1,526 (-37.3%), from €4,093 to €2,567
- Gross operating margin -€17,007
down €17,007 (-35.9%), from €47,438 to €30,431
- Other operating charges -€4,552
down €4,552 (-38.4%), from €11,843 to €7,292
- Taxes -€3,483
down €3,483 (-56.9%), from €6,116 to €2,634
- Financial charges -€945
down €945 (-80.7%), from €1,170 to €226
- Depreciation +€798
up €798 (+16.2%), from €4,929 to €5,727
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 | €87,822 | €99,938 | +€12,116 | +13.8% |
| Fixed assets | 21/28 | €17,758 | €12,032 | -€5,727 | -32.2% |
| Tangible fixed assets | 22/27 | €17,758 | €12,032 | -€5,727 | -32.2% |
| Plant, machinery and equipment | 23 | €8,983 | €5,983 | -€3,000 | -33.4% |
| Furniture and vehicles | 24 | €5,100 | €3,274 | -€1,826 | -35.8% |
| Other tangible fixed assets | 26 | €3,675 | €2,775 | -€900 | -24.5% |
| Current assets | 29/58 | €70,064 | €87,906 | +€17,843 | +25.5% |
| Stocks and contracts in progress | 3 | €2,400 | €4,141 | +€1,741 | +72.6% |
| Stocks | 30/36 | €2,400 | €4,141 | +€1,741 | +72.6% |
| Amounts receivable within one year | 40/41 | €6,771 | €26,695 | +€19,924 | +294.3% |
| Trade receivables | 40 | €5,741 | €23,136 | +€17,395 | +303.0% |
| Other amounts receivable | 41 | €1,031 | €3,559 | +€2,529 | +245.4% |
| Cash at bank and in hand | 54/58 | €54,932 | €54,354 | -€577 | -1.1% |
| Deferred charges and accrued income | 490/1 | €5,961 | €2,716 | -€3,246 | -54.4% |
| Total equity and liabilities | 10/49 | €87,822 | €99,938 | +€12,116 | +13.8% |
| Equity | 10/15 | €71,249 | €73,326 | +€2,077 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,049 | €67,126 | +€2,077 | +3.2% |
| Distributable reserves | 133 | €65,049 | €67,126 | +€2,077 | +3.2% |
| Amounts payable | 17/49 | €16,573 | €26,612 | +€10,039 | +60.6% |
| Amounts payable within one year | 42/48 | €12,480 | €24,045 | +€11,564 | +92.7% |
| Trade debts | 44 | €5,799 | €12,160 | +€6,362 | +109.7% |
| Suppliers | 440/4 | €5,799 | €12,160 | +€6,362 | +109.7% |
| Taxes, remuneration and social security | 45 | €6,682 | €11,884 | +€5,203 | +77.9% |
| Taxes | 450/3 | €6,631 | €7,788 | +€1,158 | +17.5% |
| Remuneration and social security | 454/9 | €51 | €4,096 | +€4,045 | +7964.8% |
| Accrued charges and deferred income | 492/3 | €4,093 | €2,567 | -€1,526 | -37.3% |
| Remuneration, social security and pensions | 62 | €12,781 | €12,541 | -€240 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,929 | €5,727 | +€798 | +16.2% |
| Other operating charges | 640/8 | €11,843 | €7,292 | -€4,552 | -38.4% |
| Gross operating margin | 9900 | €47,438 | €30,431 | -€17,007 | -35.9% |
| Operating profit (loss) | 9901 | €17,885 | €4,872 | -€13,013 | -72.8% |
| Financial income | 75/76B | €7 | €64 | +€57 | +829.0% |
| Recurring financial income | 75 | €7 | €64 | +€57 | +829.0% |
| Financial charges | 65/66B | €1,170 | €226 | -€945 | -80.7% |
| Recurring financial charges | 65 | €1,170 | €226 | -€945 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | €16,722 | €4,711 | -€12,011 | -71.8% |
| Income taxes | 67/77 | €6,116 | €2,634 | -€3,483 | -56.9% |
| Profit (loss) for the period | 9904 | €10,605 | €2,077 | -€8,528 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,605 | €2,077 | -€8,528 | -80.4% |
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 12 October 2026 via checked.be.