ALYXT: 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.
What changed
ALYXT
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€92,016
2024 · -€149,617+€57,601
Equity
€2.6m
2024 · €2.7m-€92,016
Cash
€9,643
2024 · €34,112-€24,468
Balance sheet total
€4.1m
2024 · €3.8m+€297,691
Largest movements
Assets
- Tangible fixed assets +€331,615
up €331,615 (+8.9%), from €3.7m to €4.0m
of which Land and buildings: +€360,300
Equity and liabilities
- Debts after one year +€369,992
up €369,992 (+39.8%), from €929,837 to €1.3m
- Reserves -€92,016
down €92,016 (-3.6%), from €2.6m to €2.5m
of which Distributable reserves: -€92,016
Income statement
- Depreciation -€30,993
down €30,993 (-17.1%), from €180,796 to €149,803
- Gross operating margin +€13,965
up €13,965 (+13.7%), from €101,824 to €115,789
- Financial charges -€6,596
down €6,596 (-16.0%), from €41,307 to €34,710
- Other operating charges -€6,207
down €6,207 (-20.9%), from €29,650 to €23,444
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.
Result 2024
-€149,617
Gross operating margin
+€13,965
Depreciation
+€30,993
Other operating charges
+€6,207
Financial income
-€160
Financial charges
+€6,596
Result 2025
-€92,016
raises the resultlowers the result
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.
From operations
+€82,637
Investment
-€477,098
Financing
+€369,992
Cash 2024
€34,112
From operations (derived)
+€82,637
Net result for the year
-€92,016
Depreciation
+€149,803
Receivables within one year
+€5,396
Smaller working-capital items
+€411
Trade debts
+€18,257
Tax, wage and social debts
-€3,852
Accrued charges and deferred income
+€4,639
Investment (derived)
-€477,098
Investment in fixed assets (net)
-€481,418
Current investments
+€4,320
Financing
+€369,992
Debts after one year
+€369,992
Cash 2025
€9,643
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,754,256 | €4,051,947 | +€297,691 | +7.9% |
| Fixed assets | 21/28 | €3,706,366 | €4,037,981 | +€331,615 | +8.9% |
| Tangible fixed assets | 22/27 | €3,706,366 | €4,037,981 | +€331,615 | +8.9% |
| Land and buildings | 22 | €3,535,287 | €3,895,587 | +€360,300 | +10.2% |
| Furniture and vehicles | 24 | €320 | €67 | -€253 | -79.0% |
| Leasing and similar rights | 25 | €170,759 | €142,327 | -€28,432 | -16.7% |
| Current assets | 29/58 | €47,890 | €13,966 | -€33,924 | -70.8% |
| Amounts receivable within one year | 40/41 | €5,782 | €386 | -€5,396 | -93.3% |
| Trade receivables | 40 | €113 | €113 | = | 0.0% |
| Other amounts receivable | 41 | €5,669 | €274 | -€5,396 | -95.2% |
| Current investments | 50/53 | €4,320 | - | -€4,320 | |
| Cash at bank and in hand | 54/58 | €34,112 | €9,643 | -€24,468 | -71.7% |
| Deferred charges and accrued income | 490/1 | €3,677 | €3,937 | +€260 | +7.1% |
| Total equity and liabilities | 10/49 | €3,754,256 | €4,051,947 | +€297,691 | +7.9% |
| Equity | 10/15 | €2,655,764 | €2,563,748 | -€92,016 | -3.5% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Contributions outside capital | 11 | €90,000 | €90,000 | = | 0.0% |
| Other | 1109/19 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €2,565,764 | €2,473,748 | -€92,016 | -3.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,063 | €5,063 | = | 0.0% |
| Distributable reserves | 133 | €2,557,701 | €2,465,685 | -€92,016 | -3.6% |
| Amounts payable | 17/49 | €1,098,492 | €1,488,199 | +€389,707 | +35.5% |
| Amounts payable after more than one year | 17 | €929,837 | €1,299,829 | +€369,992 | +39.8% |
| Financial debts | 170/4 | €929,837 | €1,299,829 | +€369,992 | +39.8% |
| Amounts payable within one year | 42/48 | €161,570 | €176,646 | +€15,076 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €130,000 | €130,000 | = | 0.0% |
| Trade debts | 44 | €4,391 | €22,648 | +€18,257 | +416% |
| Suppliers | 440/4 | €4,391 | €22,648 | +€18,257 | +416% |
| Taxes, remuneration and social security | 45 | €27,179 | €23,327 | -€3,852 | -14.2% |
| Taxes | 450/3 | €5,179 | €7,327 | +€2,148 | +41.5% |
| Remuneration and social security | 454/9 | €22,000 | €16,000 | -€6,000 | -27.3% |
| Other amounts payable | 47/48 | - | €671 | +€671 | |
| Accrued charges and deferred income | 492/3 | €7,084 | €11,723 | +€4,639 | +65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,796 | €149,803 | -€30,993 | -17.1% |
| Other operating charges | 640/8 | €29,650 | €23,444 | -€6,207 | -20.9% |
| Gross operating margin | 9900 | €101,824 | €115,789 | +€13,965 | +13.7% |
| Operating profit (loss) | 9901 | -€108,622 | -€57,458 | +€51,164 | +47.1% |
| Financial income | 75/76B | €312 | €152 | -€160 | -51.3% |
| Recurring financial income | 75 | €312 | €152 | -€160 | -51.3% |
| Financial charges | 65/66B | €41,307 | €34,710 | -€6,596 | -16.0% |
| Recurring financial charges | 65 | €41,307 | €34,710 | -€6,596 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€149,617 | -€92,016 | +€57,601 | +38.5% |
| Profit (loss) for the period | 9904 | -€149,617 | -€92,016 | +€57,601 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€149,617 | -€92,016 | +€57,601 | +38.5% |
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 16 October 2026 via checked.be.