EXALAW: 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.
EXALAW
Largest movements
- Cash -€88,030
down €88,030 (-26.2%), from €335,609 to €247,579
mainly Contributions, distributions and other (-€172,401) and Other debts (-€113,198)
- Tangible fixed assets -€11,188
down €11,188 (-13.2%), from €84,537 to €73,349
of which Furniture and vehicles: -€12,328
- Other debts -€113,198
down €113,198 (-45.5%), from €248,528 to €135,330
- Tax, wage and social debts +€55,327
up €55,327 (+583%), from €9,493 to €64,820
of which Taxes: +€53,795
- Profit (loss) carried forward -€35,138
down €35,138 (-19.0%), from €184,750 to €149,612
- Trade debts -€7,156
down €7,156 (-66.9%), from €10,689 to €3,534
- Turnover +€69,895
up €69,895 (+10.7%), from €654,931 to €724,826
- Purchases and services +€32,368
up €32,368 (+7.6%), from €423,303 to €455,671
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 | €483,193 | €379,959 | -€103,235 | -21.4% |
| Fixed assets | 21/28 | €84,537 | €73,349 | -€11,188 | -13.2% |
| Tangible fixed assets | 22/27 | €84,537 | €73,349 | -€11,188 | -13.2% |
| Plant, machinery and equipment | 23 | €10,139 | €7,470 | -€2,669 | -26.3% |
| Furniture and vehicles | 24 | €37,491 | €25,163 | -€12,328 | -32.9% |
| Other tangible fixed assets | 26 | €36,908 | €40,716 | +€3,808 | +10.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €398,656 | €306,610 | -€92,047 | -23.1% |
| Amounts receivable within one year | 40/41 | €55,635 | €54,264 | -€1,371 | -2.5% |
| Trade receivables | 40 | €55,635 | €54,264 | -€1,371 | -2.5% |
| Cash at bank and in hand | 54/58 | €335,609 | €247,579 | -€88,030 | -26.2% |
| Deferred charges and accrued income | 490/1 | €7,412 | €4,767 | -€2,645 | -35.7% |
| Total equity and liabilities | 10/49 | €483,193 | €379,959 | -€103,235 | -21.4% |
| Equity | 10/15 | €206,930 | €171,792 | -€35,138 | -17.0% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €2,380 | €2,380 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,380 | €2,380 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,380 | €2,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,750 | €149,612 | -€35,138 | -19.0% |
| Amounts payable | 17/49 | €276,264 | €208,166 | -€68,097 | -24.6% |
| Amounts payable after more than one year | 17 | €3,840 | - | -€3,840 | |
| Financial debts | 170/4 | €3,840 | - | -€3,840 | |
| Amounts payable within one year | 42/48 | €272,424 | €207,523 | -€64,901 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €3,715 | €3,840 | +€125 | +3.4% |
| Trade debts | 44 | €10,689 | €3,534 | -€7,156 | -66.9% |
| Suppliers | 440/4 | €10,689 | €3,534 | -€7,156 | -66.9% |
| Taxes, remuneration and social security | 45 | €9,493 | €64,820 | +€55,327 | +583% |
| Taxes | 450/3 | €1,587 | €55,382 | +€53,795 | +3,390% |
| Remuneration and social security | 454/9 | €7,905 | €9,438 | +€1,532 | +19.4% |
| Other amounts payable | 47/48 | €248,528 | €135,330 | -€113,198 | -45.5% |
| Accrued charges and deferred income | 492/3 | - | €644 | +€644 | |
| Turnover | 70 | €654,931 | €724,826 | +€69,895 | +10.7% |
| Non-recurring operating income | 76A | €4,566 | - | -€4,566 | |
| Goods, raw materials, services and sundry goods | 60/61 | €423,303 | €455,671 | +€32,368 | +7.6% |
| Remuneration, social security and pensions | 62 | €65,998 | €63,000 | -€2,998 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,599 | €22,786 | -€6,813 | -23.0% |
| Other operating charges | 640/8 | €548 | €547 | -€2 | -0.3% |
| Non-recurring operating charges | 66A | - | €525 | +€525 | |
| Gross operating margin | 9900 | €262,018 | €269,154 | +€7,136 | +2.7% |
| Operating profit (loss) | 9901 | €165,873 | €182,297 | +€16,424 | +9.9% |
| Financial income | 75/76B | - | €212 | +€212 | |
| Recurring financial income | 75 | - | €212 | +€212 | |
| Financial charges | 65/66B | €1,697 | €1,684 | -€13 | -0.8% |
| Recurring financial charges | 65 | €1,697 | €1,684 | -€13 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €164,175 | €180,826 | +€16,650 | +10.1% |
| Income taxes | 67/77 | €39,093 | €43,562 | +€4,469 | +11.4% |
| Profit (loss) for the period | 9904 | €125,083 | €137,263 | +€12,181 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €125,083 | €137,263 | +€12,181 | +9.7% |
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 26 October 2026 via checked.be.