EXABIRD: what changed
Two fiscal 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.
EXABIRD
Largest movements
- Receivables within one year -€83,262
down €83,262 (-63.4%), from €131,253 to €47,990
of which Trade receivables: -€88,877
- Stocks and contracts -€27,841
down €27,841 (-58.6%), from €47,541 to €19,700
- Cash -€15,933
no longer reported in 2025 (was €15,933)
mainly Advances received (-€130,000) and Trade debts (-€19,265)
- Deferred charges and accrued income -€6,366
down €6,366 (-89.2%), from €7,137 to €771
- Advances received -€130,000
no longer reported in 2025 (was €130,000)
- Short-term financial debts +€40,388
new in 2025: €40,388
- Trade debts -€19,265
down €19,265 (-81.8%), from €23,543 to €4,278
- Tax, wage and social debts -€9,940
down €9,940 (-75.1%), from €13,237 to €3,297
of which Taxes: -€7,445
- Profit (loss) carried forward -€9,519
down €9,519 (-38.5%), from €24,750 to €15,230
- Gross operating margin -€22,561
down €22,561 (-89.8%), from €25,113 to €2,552
- Staff costs -€8,882
down €8,882 (-79.6%), from €11,153 to €2,271
- Other operating charges -€2,035
down €2,035 (-60.3%), from €3,377 to €1,342
- Financial charges +€1,103
up €1,103 (+19.9%), from €5,544 to €6,647
- Depreciation +€900
up €900 (+45.5%), from €1,978 to €2,878
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.
Cash bridge derived
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 | €206,074 | €71,446 | -€134,629 | -65.3% |
| Fixed assets | 21/28 | €4,210 | €2,984 | -€1,226 | -29.1% |
| Tangible fixed assets | 22/27 | €4,210 | €2,984 | -€1,226 | -29.1% |
| Furniture and vehicles | 24 | €4,210 | €2,984 | -€1,226 | -29.1% |
| Current assets | 29/58 | €201,864 | €68,462 | -€133,403 | -66.1% |
| Stocks and contracts in progress | 3 | €47,541 | €19,700 | -€27,841 | -58.6% |
| Stocks | 30/36 | €47,541 | €19,700 | -€27,841 | -58.6% |
| Amounts receivable within one year | 40/41 | €131,253 | €47,990 | -€83,262 | -63.4% |
| Trade receivables | 40 | €111,662 | €22,785 | -€88,877 | -79.6% |
| Other amounts receivable | 41 | €19,591 | €25,205 | +€5,615 | +28.7% |
| Cash at bank and in hand | 54/58 | €15,933 | - | -€15,933 | |
| Deferred charges and accrued income | 490/1 | €7,137 | €771 | -€6,366 | -89.2% |
| Total equity and liabilities | 10/49 | €206,074 | €71,446 | -€134,629 | -65.3% |
| Equity | 10/15 | €29,750 | €20,230 | -€9,519 | -32.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,750 | €15,230 | -€9,519 | -38.5% |
| Amounts payable | 17/49 | €176,325 | €51,216 | -€125,109 | -71.0% |
| Amounts payable after more than one year | 17 | €3,254 | - | -€3,254 | |
| Financial debts | 170/4 | €3,254 | - | -€3,254 | |
| Amounts payable within one year | 42/48 | €173,071 | €51,216 | -€121,855 | -70.4% |
| Current portion of amounts payable after more than one year | 42 | €6,292 | €3,254 | -€3,038 | -48.3% |
| Financial debts | 43 | - | €40,388 | +€40,388 | |
| Credit institutions | 430/8 | - | €40,388 | +€40,388 | |
| Trade debts | 44 | €23,543 | €4,278 | -€19,265 | -81.8% |
| Suppliers | 440/4 | €23,543 | €4,278 | -€19,265 | -81.8% |
| Advances received on contracts in progress | 46 | €130,000 | - | -€130,000 | |
| Taxes, remuneration and social security | 45 | €13,237 | €3,297 | -€9,940 | -75.1% |
| Taxes | 450/3 | €10,741 | €3,297 | -€7,445 | -69.3% |
| Remuneration and social security | 454/9 | €2,495 | - | -€2,495 | |
| Non-recurring operating income | 76A | €13,641 | - | -€13,641 | |
| Remuneration, social security and pensions | 62 | €11,153 | €2,271 | -€8,882 | -79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978 | €2,878 | +€900 | +45.5% |
| Other operating charges | 640/8 | €3,377 | €1,342 | -€2,035 | -60.3% |
| Gross operating margin | 9900 | €25,113 | €2,552 | -€22,561 | -89.8% |
| Operating profit (loss) | 9901 | €8,605 | -€3,939 | -€12,545 | |
| Financial income | 75/76B | €530 | €1,328 | +€798 | +150.6% |
| Recurring financial income | 75 | €530 | €1,328 | +€798 | +150.6% |
| Financial charges | 65/66B | €5,544 | €6,647 | +€1,103 | +19.9% |
| Recurring financial charges | 65 | €5,544 | €6,647 | +€1,103 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €3,591 | -€9,258 | -€12,849 | |
| Income taxes | 67/77 | €772 | €261 | -€511 | -66.1% |
| Profit (loss) for the period | 9904 | €2,819 | -€9,519 | -€12,339 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,819 | -€9,519 | -€12,339 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.