Alix: 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.
Alix
Largest movements
- Receivables after one year +€1.6m
new in 2025: €1.6m
- Receivables within one year -€79,774
down €79,774 (-36.7%), from €217,251 to €137,477
of which Other amounts receivable: -€51,665
- Financial fixed assets -€37,785
down €37,785 (-6.0%), from €633,551 to €595,767
- Contributions +€1.6m
up €1.6m (+235.8%), from €678,600 to €2.3m
- Debts after one year +€400,000
new in 2025: €400,000
- Trade debts -€398,624
down €398,624 (-76.1%), from €523,594 to €124,970
- Profit (loss) carried forward -€102,087
down €102,087 (-44.3%), from -€230,478 to -€332,565
- Gross operating margin +€82,254
up €82,254 (+38.9%), from -€211,521 to -€129,267
- Financial income +€54,657
up €54,657 (+1966.4%), from €2,780 to €57,437
of which Financial income: +€31,492
- Financial charges +€17,412
up €17,412 (+8134.6%), from €214 to €17,626
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 | €979,016 | €2,488,888 | +€1.5m | +154.2% |
| Fixed assets | 21/28 | €653,342 | €610,387 | -€42,954 | -6.6% |
| Intangible fixed assets | 21 | €19,790 | €14,621 | -€5,170 | -26.1% |
| Financial fixed assets | 28 | €633,551 | €595,767 | -€37,785 | -6.0% |
| Current assets | 29/58 | €325,674 | €1,878,501 | +€1.6m | +476.8% |
| Amounts receivable after more than one year | 29 | - | €1,615,500 | +€1.6m | |
| Other amounts receivable | 291 | - | €1,615,500 | +€1.6m | |
| Amounts receivable within one year | 40/41 | €217,251 | €137,477 | -€79,774 | -36.7% |
| Trade receivables | 40 | €120,364 | €92,255 | -€28,109 | -23.4% |
| Other amounts receivable | 41 | €96,887 | €45,221 | -€51,665 | -53.3% |
| Cash at bank and in hand | 54/58 | €108,424 | €125,508 | +€17,085 | +15.8% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €979,016 | €2,488,888 | +€1.5m | +154.2% |
| Equity | 10/15 | €448,122 | €1,946,035 | +€1.5m | +334.3% |
| Contributions | 10/11 | €678,600 | €2,278,600 | +€1.6m | +235.8% |
| Profit (loss) carried forward | 14 | -€230,478 | -€332,565 | -€102,087 | -44.3% |
| Amounts payable | 17/49 | €530,893 | €542,853 | +€11,959 | +2.3% |
| Amounts payable after more than one year | 17 | - | €400,000 | +€400,000 | |
| Financial debts | 170/4 | - | €400,000 | +€400,000 | |
| Amounts payable within one year | 42/48 | €530,893 | €142,853 | -€388,041 | -73.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €523,594 | €124,970 | -€398,624 | -76.1% |
| Suppliers | 440/4 | €523,594 | €124,970 | -€398,624 | -76.1% |
| Taxes, remuneration and social security | 45 | €6,998 | €333 | -€6,666 | -95.2% |
| Taxes | 450/3 | €6,998 | €333 | -€6,666 | -95.2% |
| Other amounts payable | 47/48 | €300 | €17,549 | +€17,249 | +5741.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,170 | €5,170 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,200 | €5,588 | -€1,612 | -22.4% |
| Other operating charges | 640/8 | €387 | €1,873 | +€1,486 | +383.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€211,521 | -€129,267 | +€82,254 | +38.9% |
| Operating profit (loss) | 9901 | -€224,278 | -€141,897 | +€82,381 | +36.7% |
| Financial income | 75/76B | €2,780 | €57,437 | +€54,657 | +1966.4% |
| Recurring financial income | 75 | €2,780 | €34,271 | +€31,492 | +1133.0% |
| Non-recurring financial income | 76B | - | €23,165 | +€23,165 | |
| Financial charges | 65/66B | €214 | €17,626 | +€17,412 | +8134.6% |
| Recurring financial charges | 65 | €214 | €17,626 | +€17,412 | +8134.6% |
| Profit (loss) for the period before taxes | 9903 | -€221,713 | -€102,087 | +€119,625 | +54.0% |
| Income taxes | 67/77 | -€97 | €0 | +€97 | |
| Profit (loss) for the period | 9904 | -€221,615 | -€102,087 | +€119,528 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€221,615 | -€102,087 | +€119,528 | +53.9% |
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 11 October 2026 via checked.be.