EXARIS INTERIM: 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.
EXARIS INTERIM
Largest movements
- Current investments -€199,000
down €199,000 (-33.2%), from €600,000 to €401,000
- Receivables within one year +€172,004
up €172,004 (+48.4%), from €355,180 to €527,184
of which Other amounts receivable: +€134,202
- Deferred charges and accrued income -€141,325
down €141,325 (-93.6%), from €151,036 to €9,711
- Cash -€47,829
down €47,829 (-18.4%), from €260,363 to €212,534
mainly Receivables within one year (-€172,004) and Net result for the year (-€107,563)
- Intangible fixed assets +€28,257
new in 2025: €28,257
- Profit (loss) carried forward -€107,563
down €107,563 (-11.9%), from €902,253 to €794,690
- Tax, wage and social debts -€86,915
down €86,915 (-25.3%), from €342,922 to €256,007
of which Remuneration and social security: -€58,553
- Accrued charges and deferred income -€38,463
down €38,463 (-100%), from €38,463 to €0
- Trade debts +€21,953
up €21,953 (+32.3%), from €67,941 to €89,895
- Gross operating margin -€290,251
down €290,251 (-11.2%), from €2.6m to €2.3m
- Staff costs -€226,166
down €226,166 (-8.7%), from €2.6m to €2.4m
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 | €1,435,530 | €1,224,542 | -€210,988 | -14.7% |
| Fixed assets | 21/28 | €68,950 | €74,113 | +€5,162 | +7.5% |
| Intangible fixed assets | 21 | - | €28,257 | +€28,257 | |
| Tangible fixed assets | 22/27 | €39,241 | €16,989 | -€22,253 | -56.7% |
| Plant, machinery and equipment | 23 | €23,463 | €9,979 | -€13,483 | -57.5% |
| Furniture and vehicles | 24 | €15,779 | €7,009 | -€8,769 | -55.6% |
| Financial fixed assets | 28 | €29,709 | €28,867 | -€842 | -2.8% |
| Current assets | 29/58 | €1,366,579 | €1,150,429 | -€216,150 | -15.8% |
| Amounts receivable within one year | 40/41 | €355,180 | €527,184 | +€172,004 | +48.4% |
| Trade receivables | 40 | €348,862 | €386,664 | +€37,802 | +10.8% |
| Other amounts receivable | 41 | €6,319 | €140,521 | +€134,202 | +2,124% |
| Current investments | 50/53 | €600,000 | €401,000 | -€199,000 | -33.2% |
| Cash at bank and in hand | 54/58 | €260,363 | €212,534 | -€47,829 | -18.4% |
| Deferred charges and accrued income | 490/1 | €151,036 | €9,711 | -€141,325 | -93.6% |
| Total equity and liabilities | 10/49 | €1,435,530 | €1,224,542 | -€210,988 | -14.7% |
| Equity | 10/15 | €986,203 | €878,640 | -€107,563 | -10.9% |
| Contributions | 10/11 | €75,000 | €83,950 | +€8,950 | +11.9% |
| Reserves | 13 | €8,950 | €0 | -€8,950 | -100% |
| Non-distributable reserves | 130/1 | €8,950 | €0 | -€8,950 | -100% |
| Reserves not available under the articles | 1311 | €8,950 | €0 | -€8,950 | -100% |
| Profit (loss) carried forward | 14 | €902,253 | €794,690 | -€107,563 | -11.9% |
| Amounts payable | 17/49 | €449,326 | €345,901 | -€103,425 | -23.0% |
| Amounts payable within one year | 42/48 | €410,863 | €345,901 | -€64,962 | -15.8% |
| Trade debts | 44 | €67,941 | €89,895 | +€21,953 | +32.3% |
| Suppliers | 440/4 | €67,941 | €89,895 | +€21,953 | +32.3% |
| Taxes, remuneration and social security | 45 | €342,922 | €256,007 | -€86,915 | -25.3% |
| Taxes | 450/3 | €107,589 | €79,228 | -€28,361 | -26.4% |
| Remuneration and social security | 454/9 | €235,333 | €176,779 | -€58,553 | -24.9% |
| Accrued charges and deferred income | 492/3 | €38,463 | €0 | -€38,463 | -100% |
| Remuneration, social security and pensions | 62 | €2,602,528 | €2,376,361 | -€226,166 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,778 | €21,485 | +€2,707 | +14.4% |
| Other operating charges | 640/8 | €11,168 | €3,563 | -€7,605 | -68.1% |
| Gross operating margin | 9900 | €2,582,749 | €2,292,498 | -€290,251 | -11.2% |
| Operating profit (loss) | 9901 | -€49,724 | -€108,912 | -€59,187 | -119% |
| Financial income | 75/76B | €24,580 | €7,917 | -€16,663 | -67.8% |
| Recurring financial income | 75 | €24,580 | €7,917 | -€16,663 | -67.8% |
| Financial charges | 65/66B | €2,882 | €4,140 | +€1,258 | +43.7% |
| Recurring financial charges | 65 | €2,882 | €4,140 | +€1,258 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,026 | -€105,134 | -€77,108 | -275% |
| Income taxes | 67/77 | €3,451 | €2,429 | -€1,023 | -29.6% |
| Profit (loss) for the period | 9904 | -€31,477 | -€107,563 | -€76,086 | -242% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,477 | -€107,563 | -€76,086 | -242% |
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 15 October 2026 via checked.be.