Alxco: 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.
Alxco
Largest movements
- Cash +€86,762
up €86,762 (+168.4%), from €51,526 to €138,288
mainly Net result for the year (+€77,330) and Depreciation (+€24,892)
- Tangible fixed assets -€28,692
down €28,692 (-4.3%), from €667,079 to €638,387
of which Land and buildings: -€23,280
- Deferred charges and accrued income -€17,474
down €17,474 (-96.0%), from €18,207 to €733
- Profit (loss) carried forward +€77,330
up €77,330 (+70.8%), from -€109,295 to -€31,965
- Debts after one year -€31,967
down €31,967 (-4.3%), from €743,812 to €711,845
- Tax, wage and social debts -€9,843
down €9,843 (-100.0%), from €9,843 to €0
of which Remuneration and social security: -€7,507
- Other debts +€8,562
up €8,562 (+43.2%), from €19,824 to €28,386
- Depreciation -€82,525
down €82,525 (-76.8%), from €107,417 to €24,892
- Gross operating margin +€77,903
up €77,903 (+169.4%), from €45,986 to €123,888
- Turnover +€70,628
new in 2025: €70,628
- Staff costs -€27,930
down €27,930 (-94.2%), from €29,648 to €1,718
- Purchases and services +€24,575
new in 2025: €24,575
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 | €739,578 | €777,409 | +€37,831 | +5.1% |
| Fixed assets | 21/28 | €667,079 | €638,387 | -€28,692 | -4.3% |
| Tangible fixed assets | 22/27 | €667,079 | €638,387 | -€28,692 | -4.3% |
| Land and buildings | 22 | €660,238 | €636,958 | -€23,280 | -3.5% |
| Plant, machinery and equipment | 23 | €5,920 | €1,220 | -€4,700 | -79.4% |
| Furniture and vehicles | 24 | €922 | €209 | -€712 | -77.3% |
| Current assets | 29/58 | €72,498 | €139,021 | +€66,523 | +91.8% |
| Stocks and contracts in progress | 3 | €2,600 | €0 | -€2,600 | -100.0% |
| Stocks | 30/36 | €2,600 | €0 | -€2,600 | -100.0% |
| Amounts receivable within one year | 40/41 | €165 | €0 | -€165 | -100.0% |
| Trade receivables | 40 | €165 | €0 | -€165 | -100.0% |
| Cash at bank and in hand | 54/58 | €51,526 | €138,288 | +€86,762 | +168.4% |
| Deferred charges and accrued income | 490/1 | €18,207 | €733 | -€17,474 | -96.0% |
| Total equity and liabilities | 10/49 | €739,578 | €777,409 | +€37,831 | +5.1% |
| Equity | 10/15 | -€72,133 | €5,197 | +€77,330 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,162 | €27,162 | = | 0.0% |
| Distributable reserves | 133 | €27,162 | €27,162 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,295 | -€31,965 | +€77,330 | +70.8% |
| Amounts payable | 17/49 | €811,710 | €772,212 | -€39,499 | -4.9% |
| Amounts payable after more than one year | 17 | €743,812 | €711,845 | -€31,967 | -4.3% |
| Financial debts | 170/4 | €743,812 | €711,845 | -€31,967 | -4.3% |
| Amounts payable within one year | 42/48 | €67,898 | €60,366 | -€7,532 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €31,967 | €31,967 | = | 0.0% |
| Trade debts | 44 | €6,265 | €14 | -€6,251 | -99.8% |
| Suppliers | 440/4 | €6,265 | €14 | -€6,251 | -99.8% |
| Taxes, remuneration and social security | 45 | €9,843 | €0 | -€9,843 | -100.0% |
| Taxes | 450/3 | €2,336 | €0 | -€2,336 | -100.0% |
| Remuneration and social security | 454/9 | €7,507 | €0 | -€7,507 | -100.0% |
| Other amounts payable | 47/48 | €19,824 | €28,386 | +€8,562 | +43.2% |
| Turnover | 70 | - | €70,628 | +€70,628 | |
| Non-recurring operating income | 76A | - | €950 | +€950 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €24,575 | +€24,575 | |
| Remuneration, social security and pensions | 62 | €29,648 | €1,718 | -€27,930 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,417 | €24,892 | -€82,525 | -76.8% |
| Other operating charges | 640/8 | €4,802 | €5,616 | +€814 | +16.9% |
| Gross operating margin | 9900 | €45,986 | €123,888 | +€77,903 | +169.4% |
| Operating profit (loss) | 9901 | -€95,881 | €91,663 | +€187,544 | |
| Financial income | 75/76B | €0 | €954 | +€953 | +244428.2% |
| Recurring financial income | 75 | €0 | €954 | +€953 | +244428.2% |
| Financial charges | 65/66B | €2,965 | €15,287 | +€12,322 | +415.6% |
| Recurring financial charges | 65 | €2,965 | €15,287 | +€12,322 | +415.6% |
| Profit (loss) for the period before taxes | 9903 | -€98,846 | €77,330 | +€176,176 | |
| Profit (loss) for the period | 9904 | -€98,846 | €77,330 | +€176,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€98,846 | €77,330 | +€176,176 |
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 10 October 2026 via checked.be.