Matteo d'Alessio: 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.
Matteo d'Alessio
Largest movements
- Cash +€4,471
up €4,471 (+78.0%), from €5,735 to €10,207
mainly Trade debts (+€13,500) and Tax, wage and social debts (+€8,426)
- Intangible fixed assets -€800
down €800 (-10.9%), from €7,373 to €6,573
- Stocks and contracts +€536
up €536 (+7.3%), from €7,382 to €7,918
- Profit (loss) carried forward -€14,194
down €14,194, from €5,392 to -€8,802
- Trade debts +€13,500
up €13,500 (+170%), from €7,961 to €21,462
- Tax, wage and social debts +€8,426
up €8,426 (+116%), from €7,233 to €15,659
of which Taxes: +€7,145
- Other debts -€3,832
no longer reported in 2025 (was €3,832)
- Staff costs +€26,065
up €26,065 (+211%), from €12,365 to €38,430
- Gross operating margin +€5,940
up €5,940 (+29.7%), from €19,972 to €25,912
- Taxes -€1,493
down €1,493 (-96.4%), from €1,549 to €56
- Financial charges +€734
up €734 (+2,038%), from €36 to €770
of which Financial charges: +€756
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 | €26,918 | €30,818 | +€3,901 | +14.5% |
| Fixed assets | 21/28 | €13,073 | €12,273 | -€800 | -6.1% |
| Intangible fixed assets | 21 | €7,373 | €6,573 | -€800 | -10.9% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €13,845 | €18,546 | +€4,701 | +34.0% |
| Stocks and contracts in progress | 3 | €7,382 | €7,918 | +€536 | +7.3% |
| Stocks | 30/36 | €7,382 | €7,918 | +€536 | +7.3% |
| Amounts receivable within one year | 40/41 | €728 | €421 | -€307 | -42.2% |
| Other amounts receivable | 41 | €728 | €421 | -€307 | -42.2% |
| Cash at bank and in hand | 54/58 | €5,735 | €10,207 | +€4,471 | +78.0% |
| Total equity and liabilities | 10/49 | €26,918 | €30,818 | +€3,901 | +14.5% |
| Equity | 10/15 | €7,892 | -€6,302 | -€14,194 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,392 | -€8,802 | -€14,194 | |
| Amounts payable | 17/49 | €19,026 | €37,120 | +€18,094 | +95.1% |
| Amounts payable within one year | 42/48 | €19,026 | €37,120 | +€18,094 | +95.1% |
| Trade debts | 44 | €7,961 | €21,462 | +€13,500 | +170% |
| Suppliers | 440/4 | €7,961 | €21,462 | +€13,500 | +170% |
| Taxes, remuneration and social security | 45 | €7,233 | €15,659 | +€8,426 | +116% |
| Taxes | 450/3 | €7,233 | €14,378 | +€7,145 | +98.8% |
| Remuneration and social security | 454/9 | - | €1,281 | +€1,281 | |
| Other amounts payable | 47/48 | €3,832 | - | -€3,832 | |
| Remuneration, social security and pensions | 62 | €12,365 | €38,430 | +€26,065 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627 | €800 | +€173 | +27.5% |
| Other operating charges | 640/8 | €42 | €96 | +€53 | +126% |
| Gross operating margin | 9900 | €19,972 | €25,912 | +€5,940 | +29.7% |
| Operating profit (loss) | 9901 | €6,937 | -€13,414 | -€20,352 | |
| Financial income | 75/76B | €40 | €47 | +€7 | +17.0% |
| Recurring financial income | 75 | €40 | €47 | +€7 | +17.0% |
| Financial charges | 65/66B | €36 | €770 | +€734 | +2,038% |
| Recurring financial charges | 65 | €14 | €770 | +€756 | +5,431% |
| Non-recurring financial charges | 66B | €22 | - | -€22 | |
| Profit (loss) for the period before taxes | 9903 | €6,941 | -€14,138 | -€21,079 | |
| Income taxes | 67/77 | €1,549 | €56 | -€1,493 | -96.4% |
| Profit (loss) for the period | 9904 | €5,392 | -€14,194 | -€19,586 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,392 | -€14,194 | -€19,586 |
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 25 October 2026 via checked.be.