SERGE ALEXANDER & Co: 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.
SERGE ALEXANDER & Co
Largest movements
- Receivables within one year +€40,587
up €40,587 (+258%), from €15,720 to €56,307
- Tangible fixed assets +€17,280
new in 2024: €17,280
- Stocks and contracts +€5,187
new in 2024: €5,187
- Cash +€1,105
up €1,105 (+240%), from €460 to €1,565
mainly Trade debts (+€32,663) and Other debts (+€26,548)
- Trade debts +€32,663
up €32,663 (+303%), from €10,797 to €43,460
- Other debts +€26,548
up €26,548 (+340%), from €7,815 to €34,363
- Profit (loss) carried forward +€2,748
up €2,748, from -€2,493 to €255
- Tax, wage and social debts +€1,761
new in 2024: €1,761
- Gross operating margin +€7,931
up €7,931, from -€2,453 to €5,478
- Financial charges +€805
up €805 (+2,013%), from €40 to €845
- Other operating charges +€766
new in 2024: €766
- Taxes +€663
new in 2024: €663
- Depreciation +€455
new in 2024: €455
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,619 | €80,339 | +€63,720 | +383% |
| Fixed assets | 21/28 | - | €17,280 | +€17,280 | |
| Tangible fixed assets | 22/27 | - | €17,280 | +€17,280 | |
| Furniture and vehicles | 24 | - | €17,280 | +€17,280 | |
| Current assets | 29/58 | €16,619 | €63,060 | +€46,441 | +279% |
| Stocks and contracts in progress | 3 | - | €5,187 | +€5,187 | |
| Stocks | 30/36 | - | €5,187 | +€5,187 | |
| Amounts receivable within one year | 40/41 | €15,720 | €56,307 | +€40,587 | +258% |
| Trade receivables | 40 | €15,720 | €56,307 | +€40,587 | +258% |
| Cash at bank and in hand | 54/58 | €460 | €1,565 | +€1,105 | +240% |
| Deferred charges and accrued income | 490/1 | €439 | - | -€439 | |
| Total equity and liabilities | 10/49 | €16,619 | €80,339 | +€63,720 | +383% |
| Equity | 10/15 | -€1,993 | €755 | +€2,748 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,493 | €255 | +€2,748 | |
| Amounts payable | 17/49 | €18,612 | €79,584 | +€60,972 | +328% |
| Amounts payable within one year | 42/48 | €18,612 | €79,584 | +€60,972 | +328% |
| Trade debts | 44 | €10,797 | €43,460 | +€32,663 | +303% |
| Suppliers | 440/4 | €10,797 | €43,460 | +€32,663 | +303% |
| Taxes, remuneration and social security | 45 | - | €1,761 | +€1,761 | |
| Taxes | 450/3 | - | €1,761 | +€1,761 | |
| Other amounts payable | 47/48 | €7,815 | €34,363 | +€26,548 | +340% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €455 | +€455 | |
| Other operating charges | 640/8 | - | €766 | +€766 | |
| Gross operating margin | 9900 | -€2,453 | €5,478 | +€7,931 | |
| Operating profit (loss) | 9901 | -€2,453 | €4,256 | +€6,709 | |
| Financial charges | 65/66B | €40 | €845 | +€805 | +2,013% |
| Recurring financial charges | 65 | €40 | €845 | +€805 | +2,013% |
| Profit (loss) for the period before taxes | 9903 | -€2,493 | €3,411 | +€5,904 | |
| Income taxes | 67/77 | - | €663 | +€663 | |
| Profit (loss) for the period | 9904 | -€2,493 | €2,748 | +€5,241 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,493 | €2,748 | +€5,241 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.