Johannes Alexander: what changed
Johannes Alexander
Largest movements
- Financial fixed assets +€351,609
up €351,609 (+177%), from €198,441 to €550,049
- Cash +€53,751
new in 2025: €53,751
mainly Debts after one year (+€237,701) and Other debts (+€74,334)
- Receivables within one year +€20,186
new in 2025: €20,186
of which Trade receivables: +€19,946
- Debts after one year +€237,701
new in 2025: €237,701
- Other debts +€74,334
new in 2025: €74,334
- Reserves +€59,339
new in 2025: €59,339
- Current portion of long-term debt +€26,160
new in 2025: €26,160
- Tax, wage and social debts +€20,355
new in 2025: €20,355
- Gross operating margin +€86,951
new in 2025: €86,951
- Taxes +€19,875
new in 2025: €19,875
- Financial charges +€7,617
new in 2025: €7,617
Change in the result, 2024 to 2025
The net result is not in both sets of accounts. Without it the difference cannot be explained line by line.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,441 | €623,986 | +€425,546 | +214% |
| Fixed assets | 21/28 | €198,441 | €550,049 | +€351,609 | +177% |
| Financial fixed assets | 28 | €198,441 | €550,049 | +€351,609 | +177% |
| Current assets | 29/58 | - | €73,937 | +€73,937 | |
| Amounts receivable within one year | 40/41 | - | €20,186 | +€20,186 | |
| Trade receivables | 40 | - | €19,946 | +€19,946 | |
| Other amounts receivable | 41 | - | €239 | +€239 | |
| Cash at bank and in hand | 54/58 | - | €53,751 | +€53,751 | |
| Total equity and liabilities | 10/49 | €198,441 | €623,986 | +€425,546 | +214% |
| Equity | 10/15 | €198,441 | €257,779 | +€59,339 | +29.9% |
| Contributions | 10/11 | €198,441 | €198,441 | = | 0.0% |
| Reserves | 13 | - | €59,339 | +€59,339 | |
| Distributable reserves | 133 | - | €59,339 | +€59,339 | |
| Amounts payable | 17/49 | - | €366,207 | +€366,207 | |
| Amounts payable after more than one year | 17 | - | €237,701 | +€237,701 | |
| Financial debts | 170/4 | - | €237,701 | +€237,701 | |
| Amounts payable within one year | 42/48 | - | €128,506 | +€128,506 | |
| Current portion of amounts payable after more than one year | 42 | - | €26,160 | +€26,160 | |
| Trade debts | 44 | - | €7,656 | +€7,656 | |
| Suppliers | 440/4 | - | €7,656 | +€7,656 | |
| Taxes, remuneration and social security | 45 | - | €20,355 | +€20,355 | |
| Taxes | 450/3 | - | €20,355 | +€20,355 | |
| Other amounts payable | 47/48 | - | €74,334 | +€74,334 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | - | €86,951 | +€86,951 | |
| Operating profit (loss) | 9901 | - | €86,831 | +€86,831 | |
| Financial charges | 65/66B | - | €7,617 | +€7,617 | |
| Recurring financial charges | 65 | - | €7,617 | +€7,617 | |
| Profit (loss) for the period before taxes | 9903 | - | €79,214 | +€79,214 | |
| Income taxes | 67/77 | - | €19,875 | +€19,875 | |
| Profit (loss) for the period | 9904 | - | €59,339 | +€59,339 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €59,339 | +€59,339 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.