EXAGOON: 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.
EXAGOON
Largest movements
- Stocks and contracts -€200,670
down €200,670 (-62.8%), from €319,414 to €118,745
- Tangible fixed assets +€133,249
new in 2025: €133,249
- Receivables within one year -€102,727
down €102,727 (-82.7%), from €124,253 to €21,525
of which Other amounts receivable: -€99,616
- Cash -€22,420
down €22,420 (-54.1%), from €41,477 to €19,057
mainly Other debts (-€271,528) and Investment in fixed assets (net) (-€133,249)
- Other debts -€271,528
no longer reported in 2025 (was €271,528)
- Profit (loss) carried forward +€64,276
up €64,276 (+47.3%), from €135,875 to €200,151
- Tax, wage and social debts +€17,662
up €17,662 (+225.5%), from €7,832 to €25,494
- Gross operating margin +€20,080
up €20,080 (+27.6%), from €72,682 to €92,762
- Taxes +€11,798
up €11,798 (+64.6%), from €18,267 to €30,065
- Financial income +€2,039
up €2,039 (+282.2%), from €722 to €2,762
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 | €486,343 | €295,388 | -€190,955 | -39.3% |
| Fixed assets | 21/28 | - | €133,249 | +€133,249 | |
| Tangible fixed assets | 22/27 | - | €133,249 | +€133,249 | |
| Land and buildings | 22 | - | €133,249 | +€133,249 | |
| Current assets | 29/58 | €486,343 | €162,139 | -€324,204 | -66.7% |
| Stocks and contracts in progress | 3 | €319,414 | €118,745 | -€200,670 | -62.8% |
| Stocks | 30/36 | €319,414 | €118,745 | -€200,670 | -62.8% |
| Amounts receivable within one year | 40/41 | €124,253 | €21,525 | -€102,727 | -82.7% |
| Trade receivables | 40 | €5,125 | €2,014 | -€3,111 | -60.7% |
| Other amounts receivable | 41 | €119,128 | €19,512 | -€99,616 | -83.6% |
| Cash at bank and in hand | 54/58 | €41,477 | €19,057 | -€22,420 | -54.1% |
| Deferred charges and accrued income | 490/1 | €1,200 | €2,812 | +€1,613 | +134.4% |
| Total equity and liabilities | 10/49 | €486,343 | €295,388 | -€190,955 | -39.3% |
| Equity | 10/15 | €204,046 | €268,322 | +€64,276 | +31.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,875 | €200,151 | +€64,276 | +47.3% |
| Amounts payable | 17/49 | €282,297 | €27,067 | -€255,231 | -90.4% |
| Amounts payable within one year | 42/48 | €279,580 | €25,702 | -€253,878 | -90.8% |
| Trade debts | 44 | €220 | €208 | -€12 | -5.5% |
| Suppliers | 440/4 | €220 | €208 | -€12 | -5.5% |
| Taxes, remuneration and social security | 45 | €7,832 | €25,494 | +€17,662 | +225.5% |
| Taxes | 450/3 | €7,832 | €25,494 | +€17,662 | +225.5% |
| Other amounts payable | 47/48 | €271,528 | - | -€271,528 | |
| Accrued charges and deferred income | 492/3 | €2,717 | €1,365 | -€1,352 | -49.8% |
| Other operating charges | 640/8 | €569 | €578 | +€8 | +1.5% |
| Gross operating margin | 9900 | €72,682 | €92,762 | +€20,080 | +27.6% |
| Operating profit (loss) | 9901 | €72,112 | €92,184 | +€20,072 | +27.8% |
| Financial income | 75/76B | €722 | €2,762 | +€2,039 | +282.2% |
| Recurring financial income | 75 | €722 | €2,762 | +€2,039 | +282.2% |
| Financial charges | 65/66B | €1,266 | €606 | -€660 | -52.2% |
| Recurring financial charges | 65 | €1,266 | €606 | -€660 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €71,569 | €94,340 | +€22,772 | +31.8% |
| Income taxes | 67/77 | €18,267 | €30,065 | +€11,798 | +64.6% |
| Profit (loss) for the period | 9904 | €53,302 | €64,276 | +€10,974 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,302 | €64,276 | +€10,974 | +20.6% |
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 8 October 2026 via checked.be.