ALEXOCET: 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.
ALEXOCET
Largest movements
- Cash +€7,517
up €7,517 (+15.4%), from €48,800 to €56,317
mainly Net result for the year (+€18,440) and Depreciation (+€3,313)
- Receivables within one year +€6,377
up €6,377 (+32.4%), from €19,679 to €26,056
of which Other amounts receivable: +€5,505
- Tangible fixed assets +€3,749
up €3,749 (+68.6%), from €5,467 to €9,216
of which Plant, machinery and equipment: +€1,991
- Profit (loss) carried forward +€9,440
up €9,440 (+16.9%), from €55,868 to €65,309
- Reserves +€9,000
up €9,000 (+483.9%), from €1,860 to €10,860
- Tax, wage and social debts -€1,725
no longer reported in 2025 (was €1,725)
- Trade debts +€1,579
up €1,579 (+64.1%), from €2,464 to €4,042
- Taxes +€1,094
up €1,094 (+20.5%), from €5,329 to €6,423
- Depreciation -€1,036
down €1,036 (-23.8%), from €4,349 to €3,313
- Financial income +€693
new in 2025: €693
- Gross operating margin -€441
down €441 (-1.5%), from €28,726 to €28,285
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 | €75,491 | €93,825 | +€18,334 | +24.3% |
| Fixed assets | 21/28 | €5,539 | €9,288 | +€3,749 | +67.7% |
| Tangible fixed assets | 22/27 | €5,467 | €9,216 | +€3,749 | +68.6% |
| Plant, machinery and equipment | 23 | €3,222 | €5,213 | +€1,991 | +61.8% |
| Other tangible fixed assets | 26 | €2,244 | €4,002 | +€1,758 | +78.3% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €69,952 | €84,538 | +€14,585 | +20.9% |
| Amounts receivable within one year | 40/41 | €19,679 | €26,056 | +€6,377 | +32.4% |
| Trade receivables | 40 | €10,268 | €11,140 | +€872 | +8.5% |
| Other amounts receivable | 41 | €9,411 | €14,916 | +€5,505 | +58.5% |
| Cash at bank and in hand | 54/58 | €48,800 | €56,317 | +€7,517 | +15.4% |
| Deferred charges and accrued income | 490/1 | €1,473 | €2,165 | +€692 | +46.9% |
| Total equity and liabilities | 10/49 | €75,491 | €93,825 | +€18,334 | +24.3% |
| Equity | 10/15 | €70,128 | €88,569 | +€18,440 | +26.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €10,860 | +€9,000 | +483.9% |
| Distributable reserves | 133 | €1,860 | €10,860 | +€9,000 | +483.9% |
| Profit (loss) carried forward | 14 | €55,868 | €65,309 | +€9,440 | +16.9% |
| Amounts payable | 17/49 | €5,363 | €5,257 | -€106 | -2.0% |
| Amounts payable within one year | 42/48 | €5,363 | €5,257 | -€106 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €1,174 | €1,214 | +€41 | +3.5% |
| Trade debts | 44 | €2,464 | €4,042 | +€1,579 | +64.1% |
| Suppliers | 440/4 | €2,464 | €4,042 | +€1,579 | +64.1% |
| Taxes, remuneration and social security | 45 | €1,725 | - | -€1,725 | |
| Taxes | 450/3 | €1,725 | - | -€1,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | €3,313 | -€1,036 | -23.8% |
| Other operating charges | 640/8 | €462 | €472 | +€10 | +2.1% |
| Gross operating margin | 9900 | €28,726 | €28,285 | -€441 | -1.5% |
| Operating profit (loss) | 9901 | €23,914 | €24,499 | +€585 | +2.4% |
| Financial income | 75/76B | - | €693 | +€693 | |
| Recurring financial income | 75 | - | €693 | +€693 | |
| Financial charges | 65/66B | €93 | €329 | +€236 | +254.4% |
| Recurring financial charges | 65 | €93 | €329 | +€236 | +254.4% |
| Profit (loss) for the period before taxes | 9903 | €23,822 | €24,863 | +€1,042 | +4.4% |
| Income taxes | 67/77 | €5,329 | €6,423 | +€1,094 | +20.5% |
| Profit (loss) for the period | 9904 | €18,492 | €18,440 | -€52 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,492 | €18,440 | -€52 | -0.3% |
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 9 October 2026 via checked.be.