EXACUM: 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.
EXACUM
Largest movements
- Cash +€138,532
up €138,532 (+218.0%), from €63,533 to €202,065
mainly Debts after one year (+€116,286) and Current investments (+€70,000)
- Tangible fixed assets +€112,470
up €112,470 (+15.2%), from €739,271 to €851,742
of which Land and buildings: +€116,754
- Current investments -€70,000
down €70,000 (-35.0%), from €200,000 to €130,000
- Debts after one year +€116,286
up €116,286 (+26.0%), from €446,739 to €563,026
- Reserves +€31,741
up €31,741 (+11.1%), from €286,852 to €318,593
- Other debts +€14,507
up €14,507 (+6.6%), from €221,194 to €235,701
- Gross operating margin +€24,145
up €24,145 (+13.2%), from €183,483 to €207,627
- Taxes +€7,767
up €7,767 (+85.1%), from €9,122 to €16,889
- Staff costs +€6,700
up €6,700 (+9.6%), from €69,806 to €76,506
- Financial charges +€3,228
up €3,228 (+11.4%), from €28,325 to €31,553
- Depreciation +€2,970
up €2,970 (+6.0%), from €49,613 to €52,583
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 | €1,048,680 | €1,213,916 | +€165,236 | +15.8% |
| Fixed assets | 21/28 | €739,712 | €852,159 | +€112,447 | +15.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €739,271 | €851,742 | +€112,470 | +15.2% |
| Land and buildings | 22 | €733,656 | €850,410 | +€116,754 | +15.9% |
| Furniture and vehicles | 24 | €5,615 | €1,332 | -€4,284 | -76.3% |
| Financial fixed assets | 28 | €441 | €417 | -€24 | -5.4% |
| Current assets | 29/58 | €308,967 | €361,757 | +€52,790 | +17.1% |
| Stocks and contracts in progress | 3 | €16,848 | €11,462 | -€5,385 | -32.0% |
| Stocks | 30/36 | €16,848 | €11,462 | -€5,385 | -32.0% |
| Amounts receivable within one year | 40/41 | €22,105 | €12,773 | -€9,333 | -42.2% |
| Trade receivables | 40 | €19,066 | €12,714 | -€6,352 | -33.3% |
| Other amounts receivable | 41 | €3,039 | €59 | -€2,980 | -98.1% |
| Current investments | 50/53 | €200,000 | €130,000 | -€70,000 | -35.0% |
| Cash at bank and in hand | 54/58 | €63,533 | €202,065 | +€138,532 | +218.0% |
| Deferred charges and accrued income | 490/1 | €6,481 | €5,457 | -€1,024 | -15.8% |
| Total equity and liabilities | 10/49 | €1,048,680 | €1,213,916 | +€165,236 | +15.8% |
| Equity | 10/15 | €304,552 | €336,293 | +€31,741 | +10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €286,852 | €318,593 | +€31,741 | +11.1% |
| Distributable reserves | 133 | €286,852 | €318,593 | +€31,741 | +11.1% |
| Profit (loss) carried forward | 14 | €5,300 | €5,300 | = | 0.0% |
| Amounts payable | 17/49 | €744,128 | €877,623 | +€133,495 | +17.9% |
| Amounts payable after more than one year | 17 | €446,739 | €563,026 | +€116,286 | +26.0% |
| Financial debts | 170/4 | €446,739 | €563,026 | +€116,286 | +26.0% |
| Amounts payable within one year | 42/48 | €293,853 | €311,338 | +€17,485 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €35,039 | €40,958 | +€5,918 | +16.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €24,542 | €17,411 | -€7,131 | -29.1% |
| Suppliers | 440/4 | €24,542 | €17,411 | -€7,131 | -29.1% |
| Taxes, remuneration and social security | 45 | €13,078 | €17,268 | +€4,191 | +32.0% |
| Taxes | 450/3 | €6,253 | €10,461 | +€4,209 | +67.3% |
| Remuneration and social security | 454/9 | €6,825 | €6,807 | -€18 | -0.3% |
| Other amounts payable | 47/48 | €221,194 | €235,701 | +€14,507 | +6.6% |
| Accrued charges and deferred income | 492/3 | €3,536 | €3,259 | -€276 | -7.8% |
| Remuneration, social security and pensions | 62 | €69,806 | €76,506 | +€6,700 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,613 | €52,583 | +€2,970 | +6.0% |
| Other operating charges | 640/8 | €5,729 | €5,171 | -€558 | -9.7% |
| Gross operating margin | 9900 | €183,483 | €207,627 | +€24,145 | +13.2% |
| Operating profit (loss) | 9901 | €58,334 | €73,368 | +€15,034 | +25.8% |
| Financial income | 75/76B | €5,856 | €6,815 | +€959 | +16.4% |
| Recurring financial income | 75 | €5,856 | €6,815 | +€959 | +16.4% |
| Financial charges | 65/66B | €28,325 | €31,553 | +€3,228 | +11.4% |
| Recurring financial charges | 65 | €28,325 | €31,553 | +€3,228 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €35,865 | €48,630 | +€12,765 | +35.6% |
| Income taxes | 67/77 | €9,122 | €16,889 | +€7,767 | +85.1% |
| Profit (loss) for the period | 9904 | €26,743 | €31,741 | +€4,998 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,743 | €31,741 | +€4,998 | +18.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.