AFRICAN EXCLUSIVES: 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.
AFRICAN EXCLUSIVES
Largest movements
- Receivables within one year -€18,471
down €18,471 (-73.8%), from €25,029 to €6,558
- Cash +€1,459
up €1,459 (+760%), from €192 to €1,651
mainly Receivables within one year (+€18,471) and Net result for the year (+€6,171)
- Profit (loss) carried forward -€23,822
no longer reported in 2025 (was €23,822)
- Tax, wage and social debts +€5,544
up €5,544 (+427%), from €1,299 to €6,843
- Trade debts +€1,266
new in 2025: €1,266
- Gross operating margin +€12,978
up €12,978, from -€4,645 to €8,333
- Taxes +€2,344
new in 2025: €2,344
- Other operating charges +€384
up €384 (+95.3%), from €403 to €787
- Financial charges -€378
down €378 (-43.9%), from €861 to €483
- Financial income -€288
down €288 (-16.6%), from €1,740 to €1,452
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 | €25,221 | €8,209 | -€17,012 | -67.5% |
| Current assets | 29/58 | €25,221 | €8,209 | -€17,012 | -67.5% |
| Amounts receivable within one year | 40/41 | €25,029 | €6,558 | -€18,471 | -73.8% |
| Other amounts receivable | 41 | €25,029 | €6,558 | -€18,471 | -73.8% |
| Cash at bank and in hand | 54/58 | €192 | €1,651 | +€1,459 | +760% |
| Total equity and liabilities | 10/49 | €25,221 | €8,209 | -€17,012 | -67.5% |
| Equity | 10/15 | €23,922 | €100 | -€23,822 | -99.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,822 | - | -€23,822 | |
| Amounts payable | 17/49 | €1,299 | €8,109 | +€6,810 | +524% |
| Amounts payable within one year | 42/48 | €1,299 | €8,109 | +€6,810 | +524% |
| Trade debts | 44 | - | €1,266 | +€1,266 | |
| Suppliers | 440/4 | - | €1,266 | +€1,266 | |
| Taxes, remuneration and social security | 45 | €1,299 | €6,843 | +€5,544 | +427% |
| Taxes | 450/3 | €1,299 | €6,843 | +€5,544 | +427% |
| Other operating charges | 640/8 | €403 | €787 | +€384 | +95.3% |
| Gross operating margin | 9900 | -€4,645 | €8,333 | +€12,978 | |
| Operating profit (loss) | 9901 | -€5,048 | €7,546 | +€12,594 | |
| Financial income | 75/76B | €1,740 | €1,452 | -€288 | -16.6% |
| Recurring financial income | 75 | €1,740 | €1,452 | -€288 | -16.6% |
| Financial charges | 65/66B | €861 | €483 | -€378 | -43.9% |
| Recurring financial charges | 65 | €861 | €483 | -€378 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,169 | €8,515 | +€12,684 | |
| Income taxes | 67/77 | - | €2,344 | +€2,344 | |
| Profit (loss) for the period | 9904 | -€4,169 | €6,171 | +€10,340 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,169 | €6,171 | +€10,340 |
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 28 October 2026 via checked.be.