LEXANDRINE: 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.
LEXANDRINE
Largest movements
- Cash +€102,551
up €102,551 (+100%), from €102,303 to €204,854
mainly Net result for the year (+€88,063) and Other debts (+€44,353)
- Intangible fixed assets -€25,000
down €25,000 (-33.3%), from €75,000 to €50,000
- Other debts +€44,353
up €44,353 (+49.3%), from €90,000 to €134,353
- Tax, wage and social debts +€29,319
up €29,319 (+134%), from €21,934 to €51,253
of which Remuneration and social security: +€21,150
- Trade debts +€4,168
up €4,168 (+195%), from €2,137 to €6,305
- Gross operating margin +€27,222
up €27,222 (+23.4%), from €116,104 to €143,326
- Taxes +€5,906
up €5,906 (+31.1%), from €19,013 to €24,919
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 | €252,800 | €328,703 | +€75,904 | +30.0% |
| Fixed assets | 21/28 | €88,383 | €61,033 | -€27,350 | -30.9% |
| Intangible fixed assets | 21 | €75,000 | €50,000 | -€25,000 | -33.3% |
| Tangible fixed assets | 22/27 | €13,383 | €11,033 | -€2,350 | -17.6% |
| Furniture and vehicles | 24 | €13,383 | €11,033 | -€2,350 | -17.6% |
| Current assets | 29/58 | €164,417 | €267,671 | +€103,254 | +62.8% |
| Amounts receivable within one year | 40/41 | €62,114 | €62,703 | +€589 | +0.9% |
| Trade receivables | 40 | €58,780 | €62,703 | +€3,923 | +6.7% |
| Other amounts receivable | 41 | €3,334 | - | -€3,334 | |
| Cash at bank and in hand | 54/58 | €102,303 | €204,854 | +€102,551 | +100% |
| Deferred charges and accrued income | 490/1 | - | €114 | +€114 | |
| Total equity and liabilities | 10/49 | €252,800 | €328,703 | +€75,904 | +30.0% |
| Equity | 10/15 | €138,730 | €136,792 | -€1,937 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,270 | €116,332 | -€1,937 | -1.6% |
| Amounts payable | 17/49 | €114,070 | €191,911 | +€77,841 | +68.2% |
| Amounts payable within one year | 42/48 | €114,070 | €191,911 | +€77,841 | +68.2% |
| Trade debts | 44 | €2,137 | €6,305 | +€4,168 | +195% |
| Suppliers | 440/4 | €2,137 | €6,305 | +€4,168 | +195% |
| Taxes, remuneration and social security | 45 | €21,934 | €51,253 | +€29,319 | +134% |
| Taxes | 450/3 | €21,934 | €30,103 | +€8,169 | +37.2% |
| Remuneration and social security | 454/9 | - | €21,150 | +€21,150 | |
| Other amounts payable | 47/48 | €90,000 | €134,353 | +€44,353 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,874 | €28,747 | +€873 | +3.1% |
| Other operating charges | 640/8 | €1,739 | €1,176 | -€563 | -32.4% |
| Gross operating margin | 9900 | €116,104 | €143,326 | +€27,222 | +23.4% |
| Operating profit (loss) | 9901 | €86,491 | €113,403 | +€26,912 | +31.1% |
| Financial income | 75/76B | €66 | - | -€66 | |
| Recurring financial income | 75 | €66 | - | -€66 | |
| Financial charges | 65/66B | €387 | €421 | +€33 | +8.6% |
| Recurring financial charges | 65 | €387 | €421 | +€33 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €86,169 | €112,982 | +€26,812 | +31.1% |
| Income taxes | 67/77 | €19,013 | €24,919 | +€5,906 | +31.1% |
| Profit (loss) for the period | 9904 | €67,156 | €88,063 | +€20,907 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,156 | €88,063 | +€20,907 | +31.1% |
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 18 October 2026 via checked.be.