ALTER EGO EXPRESS: 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.
ALTER EGO EXPRESS
Largest movements
- Receivables within one year +€61,948
up €61,948 (+20.5%), from €302,637 to €364,585
of which Other amounts receivable: +€46,998
- Tangible fixed assets -€15,003
down €15,003 (-20.5%), from €73,343 to €58,340
of which Plant, machinery and equipment: -€9,228
- Cash +€12,735
up €12,735 (+13.4%), from €94,936 to €107,671
mainly Net result for the year (+€117,043) and Depreciation (+€22,119)
- Reserves +€117,043
up €117,043 (+81.3%), from €144,042 to €261,085
of which Distributable reserves: +€117,043
- Tax, wage and social debts -€38,612
down €38,612 (-34.7%), from €111,219 to €72,607
of which Remuneration and social security: -€25,943
- Trade debts -€20,849
down €20,849 (-37.6%), from €55,506 to €34,656
- Gross operating margin -€23,006
down €23,006 (-6.0%), from €386,328 to €363,322
- Staff costs +€17,842
up €17,842 (+12.9%), from €137,893 to €155,735
- Taxes -€13,439
down €13,439 (-20.8%), from €64,731 to €51,291
- Financial charges -€6,190
down €6,190 (-27.8%), from €22,272 to €16,082
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.
Derived cash bridge
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 | €587,410 | €644,400 | +€56,990 | +9.7% |
| Fixed assets | 21/28 | €172,392 | €157,389 | -€15,003 | -8.7% |
| Tangible fixed assets | 22/27 | €73,343 | €58,340 | -€15,003 | -20.5% |
| Land and buildings | 22 | €15,639 | €14,048 | -€1,591 | -10.2% |
| Plant, machinery and equipment | 23 | €42,877 | €33,649 | -€9,228 | -21.5% |
| Furniture and vehicles | 24 | €14,827 | €10,643 | -€4,184 | -28.2% |
| Financial fixed assets | 28 | €99,049 | €99,049 | = | 0.0% |
| Current assets | 29/58 | €415,018 | €487,012 | +€71,993 | +17.3% |
| Stocks and contracts in progress | 3 | €17,445 | €14,755 | -€2,691 | -15.4% |
| Stocks | 30/36 | €17,445 | €14,755 | -€2,691 | -15.4% |
| Amounts receivable within one year | 40/41 | €302,637 | €364,585 | +€61,948 | +20.5% |
| Trade receivables | 40 | €30,809 | €45,760 | +€14,950 | +48.5% |
| Other amounts receivable | 41 | €271,828 | €318,826 | +€46,998 | +17.3% |
| Cash at bank and in hand | 54/58 | €94,936 | €107,671 | +€12,735 | +13.4% |
| Total equity and liabilities | 10/49 | €587,410 | €644,400 | +€56,990 | +9.7% |
| Equity | 10/15 | €420,094 | €537,137 | +€117,043 | +27.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €144,042 | €261,085 | +€117,043 | +81.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €137,842 | €254,885 | +€117,043 | +84.9% |
| Profit (loss) carried forward | 14 | €214,052 | €214,052 | = | 0.0% |
| Amounts payable | 17/49 | €167,316 | €107,263 | -€60,053 | -35.9% |
| Amounts payable within one year | 42/48 | €167,316 | €107,263 | -€60,053 | -35.9% |
| Trade debts | 44 | €55,506 | €34,656 | -€20,849 | -37.6% |
| Suppliers | 440/4 | €55,506 | €34,656 | -€20,849 | -37.6% |
| Taxes, remuneration and social security | 45 | €111,219 | €72,607 | -€38,612 | -34.7% |
| Taxes | 450/3 | €64,731 | €52,061 | -€12,669 | -19.6% |
| Remuneration and social security | 454/9 | €46,489 | €20,546 | -€25,943 | -55.8% |
| Other amounts payable | 47/48 | €591 | - | -€591 | |
| Remuneration, social security and pensions | 62 | €137,893 | €155,735 | +€17,842 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,421 | €22,119 | +€3,698 | +20.1% |
| Other operating charges | 640/8 | €992 | €1,119 | +€127 | +12.8% |
| Gross operating margin | 9900 | €386,328 | €363,322 | -€23,006 | -6.0% |
| Operating profit (loss) | 9901 | €229,022 | €184,349 | -€44,673 | -19.5% |
| Financial income | 75/76B | €33 | €67 | +€34 | +105% |
| Recurring financial income | 75 | €33 | €67 | +€34 | +105% |
| Financial charges | 65/66B | €22,272 | €16,082 | -€6,190 | -27.8% |
| Recurring financial charges | 65 | €22,272 | €16,082 | -€6,190 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €206,783 | €168,334 | -€38,449 | -18.6% |
| Income taxes | 67/77 | €64,731 | €51,291 | -€13,439 | -20.8% |
| Profit (loss) for the period | 9904 | €142,052 | €117,043 | -€25,009 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €142,052 | €117,043 | -€25,009 | -17.6% |
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 21 October 2026 via checked.be.