EXAL: 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.
EXAL
Largest movements
- Tangible fixed assets +€109,799
up €109,799 (+1.6%), from €6.9m to €7.0m
- Other debts +€150,470
up €150,470 (+75.7%), from €198,817 to €349,287
- Financial charges +€5,488
up €5,488 (+184.6%), from €2,973 to €8,461
- Gross operating margin +€3,621
up €3,621 (+27.5%), from -€13,161 to -€9,540
- Other operating charges +€557
up €557 (+6.0%), from €9,305 to €9,862
- Taxes -€240
down €240, from €0 to -€240
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 | €6,981,937 | €7,114,605 | +€132,668 | +1.9% |
| Fixed assets | 21/28 | €6,876,666 | €6,986,464 | +€109,799 | +1.6% |
| Tangible fixed assets | 22/27 | €6,876,666 | €6,986,464 | +€109,799 | +1.6% |
| Land and buildings | 22 | €6,876,666 | €6,986,464 | +€109,799 | +1.6% |
| Current assets | 29/58 | €105,271 | €128,140 | +€22,869 | +21.7% |
| Amounts receivable within one year | 40/41 | €102,594 | €127,263 | +€24,668 | +24.0% |
| Other amounts receivable | 41 | €102,594 | €127,263 | +€24,668 | +24.0% |
| Cash at bank and in hand | 54/58 | €2,677 | €878 | -€1,799 | -67.2% |
| Total equity and liabilities | 10/49 | €6,981,937 | €7,114,605 | +€132,668 | +1.9% |
| Equity | 10/15 | €675,040 | €647,417 | -€27,623 | -4.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €607,390 | €579,767 | -€27,623 | -4.5% |
| Amounts payable | 17/49 | €6,306,897 | €6,467,188 | +€160,291 | +2.5% |
| Amounts payable after more than one year | 17 | €6,101,302 | €6,101,302 | = | 0.0% |
| Other amounts payable | 178/9 | €6,101,302 | €6,101,302 | = | 0.0% |
| Amounts payable within one year | 42/48 | €203,125 | €357,876 | +€154,751 | +76.2% |
| Trade debts | 44 | €4,309 | €8,589 | +€4,281 | +99.3% |
| Suppliers | 440/4 | €4,309 | €8,589 | +€4,281 | +99.3% |
| Other amounts payable | 47/48 | €198,817 | €349,287 | +€150,470 | +75.7% |
| Accrued charges and deferred income | 492/3 | €2,470 | €8,010 | +€5,540 | +224.3% |
| Other operating charges | 640/8 | €9,305 | €9,862 | +€557 | +6.0% |
| Gross operating margin | 9900 | -€13,161 | -€9,540 | +€3,621 | +27.5% |
| Operating profit (loss) | 9901 | -€22,466 | -€19,402 | +€3,064 | +13.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +9.1% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +9.1% |
| Financial charges | 65/66B | €2,973 | €8,461 | +€5,488 | +184.6% |
| Recurring financial charges | 65 | €2,973 | €8,461 | +€5,488 | +184.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,439 | -€27,862 | -€2,424 | -9.5% |
| Income taxes | 67/77 | €0 | -€240 | -€240 | |
| Profit (loss) for the period | 9904 | -€25,439 | -€27,623 | -€2,184 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,439 | -€27,623 | -€2,184 | -8.6% |
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 7 October 2026 via checked.be.