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ALEX DREESEN: 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

ALEX DREESEN

BE 0443.393.433
NACE 96.210, Hairdressing and barber services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,730
2024 · €16,716-€3,986
Equity
€174,499
2024 · €161,769+€12,730
Cash
€145,189
2024 · €145,350-€160
Balance sheet total
€201,971
2024 · €220,879-€18,908

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€15,091

    down €15,091 (-29.9%), from €50,422 to €35,331

    of which Furniture and vehicles: -€8,314

Equity and liabilities
  • Other debts -€12,892

    down €12,892 (-100%), from €12,892 to €0

  • Reserves +€12,730

    up €12,730 (+16.4%), from €77,469 to €90,199

  • Tax, wage and social debts -€10,186

    down €10,186 (-35.2%), from €28,898 to €18,712

    of which Taxes: -€8,262

  • Debts after one year -€3,542

    down €3,542 (-100%), from €3,542 to €0

  • Current portion of long-term debt -€3,285

    down €3,285 (-48.1%), from €6,828 to €3,543

Income statement
  • Turnover +€154,059

    new in 2025: €154,059

  • Purchases and services +€70,152

    new in 2025: €70,152

  • Gross operating margin -€16,318

    down €16,318 (-15.5%), from €105,299 to €88,981

  • Staff costs -€5,415

    down €5,415 (-9.2%), from €58,701 to €53,286

  • Taxes -€5,022

    down €5,022 (-43.3%), from €11,586 to €6,564

From the 2024 result to the 2025 result

effect on the 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 €16,716
Gross operating margin -€16,318
Staff costs +€5,415
Depreciation +€73
Other operating charges +€766
Financial income +€731
Financial charges +€325
Taxes +€5,022
Result 2025 €12,730
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€7,286
Investment -€619
Financing -€6,828
Cash 2024 €145,350
Net result for the year +€12,730
Depreciation +€15,710
Stocks and contracts +€1,763
Receivables within one year +€2,112
Deferred charges and accrued income -€218
Trade debts -€3,137
Tax, wage and social debts -€10,186
Other debts -€12,892
Accrued charges and deferred income +€1,405
Investment in fixed assets (net) -€619
Debts after one year -€3,542
Current portion of long-term debt -€3,285
Cash 2025 €145,189
brings cash intakes cash out
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €220,879 €201,971 -€18,908 -8.6%
Fixed assets 21/28 €50,422 €35,331 -€15,091 -29.9%
Tangible fixed assets 22/27 €50,422 €35,331 -€15,091 -29.9%
Land and buildings 22 €15,181 €11,715 -€3,465 -22.8%
Plant, machinery and equipment 23 €7,303 €3,992 -€3,312 -45.3%
Furniture and vehicles 24 €27,938 €19,624 -€8,314 -29.8%
Current assets 29/58 €170,457 €166,640 -€3,817 -2.2%
Stocks and contracts in progress 3 €7,452 €5,689 -€1,763 -23.7%
Stocks 30/36 €7,452 €5,689 -€1,763 -23.7%
Amounts receivable within one year 40/41 €16,772 €14,660 -€2,112 -12.6%
Trade receivables 40 €2,112 €0 -€2,112 -100%
Other amounts receivable 41 €14,660 €14,660 = 0.0%
Current investments 50/53 €124 €124 = 0.0%
Cash at bank and in hand 54/58 €145,350 €145,189 -€160 -0.1%
Deferred charges and accrued income 490/1 €759 €978 +€218 +28.7%
Total equity and liabilities 10/49 €220,879 €201,971 -€18,908 -8.6%
Equity 10/15 €161,769 €174,499 +€12,730 +7.9%
Contributions 10/11 €84,300 €84,300 = 0.0%
Reserves 13 €77,469 €90,199 +€12,730 +16.4%
Distributable reserves 133 €77,469 €90,199 +€12,730 +16.4%
Amounts payable 17/49 €59,110 €27,472 -€31,638 -53.5%
Amounts payable after more than one year 17 €3,542 €0 -€3,542 -100%
Financial debts 170/4 €3,542 €0 -€3,542 -100%
Amounts payable within one year 42/48 €55,567 €26,066 -€29,501 -53.1%
Current portion of amounts payable after more than one year 42 €6,828 €3,543 -€3,285 -48.1%
Trade debts 44 €6,949 €3,812 -€3,137 -45.1%
Suppliers 440/4 €6,949 €3,812 -€3,137 -45.1%
Taxes, remuneration and social security 45 €28,898 €18,712 -€10,186 -35.2%
Taxes 450/3 €18,624 €10,361 -€8,262 -44.4%
Remuneration and social security 454/9 €10,275 €8,351 -€1,924 -18.7%
Other amounts payable 47/48 €12,892 €0 -€12,892 -100%
Accrued charges and deferred income 492/3 - €1,405 +€1,405
Turnover 70 - €154,059 +€154,059
Non-recurring operating income 76A - €0 =
Goods, raw materials, services and sundry goods 60/61 - €70,152 +€70,152
Remuneration, social security and pensions 62 €58,701 €53,286 -€5,415 -9.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,783 €15,710 -€73 -0.5%
Other operating charges 640/8 €1,676 €910 -€766 -45.7%
Gross operating margin 9900 €105,299 €88,981 -€16,318 -15.5%
Operating profit (loss) 9901 €29,139 €19,075 -€10,064 -34.5%
Financial income 75/76B €49 €780 +€731 +1,498%
Recurring financial income 75 €49 €780 +€731 +1,498%
Financial charges 65/66B €886 €561 -€325 -36.7%
Recurring financial charges 65 €886 €561 -€325 -36.7%
Profit (loss) for the period before taxes 9903 €28,303 €19,294 -€9,008 -31.8%
Income taxes 67/77 €11,586 €6,564 -€5,022 -43.3%
Profit (loss) for the period 9904 €16,716 €12,730 -€3,986 -23.8%
Profit (loss) for the period to be appropriated 9905 €16,716 €12,730 -€3,986 -23.8%

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 13 October 2026 via checked.be.