EXATECH: 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.
EXATECH
Largest movements
- Cash +€119,889
up €119,889 (+162.6%), from €73,722 to €193,611
mainly Net result for the year (+€87,761) and Tax, wage and social debts (+€33,813)
- Receivables within one year +€8,239
up €8,239 (+16.2%), from €50,829 to €59,068
of which Trade receivables: +€7,109
- Profit (loss) carried forward +€87,761
up €87,761 (+387.0%), from €22,677 to €110,438
- Tax, wage and social debts +€33,813
up €33,813 (+62.0%), from €54,560 to €88,373
of which Taxes: +€29,085
- Trade debts +€3,915
up €3,915 (+40.2%), from €9,732 to €13,648
- Gross operating margin +€133,855
up €133,855 (+60.5%), from €221,267 to €355,122
- Staff costs +€65,869
up €65,869 (+38.6%), from €170,473 to €236,342
- Taxes +€17,617
up €17,617 (+244.4%), from €7,209 to €24,826
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 | €128,970 | €254,459 | +€125,490 | +97.3% |
| Formation expenses | 20 | €867 | €112 | -€756 | -87.1% |
| Fixed assets | 21/28 | €887 | €1,290 | +€403 | +45.4% |
| Tangible fixed assets | 22/27 | €687 | €1,090 | +€403 | +58.6% |
| Plant, machinery and equipment | 23 | €687 | €1,090 | +€403 | +58.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €127,215 | €253,057 | +€125,843 | +98.9% |
| Amounts receivable within one year | 40/41 | €50,829 | €59,068 | +€8,239 | +16.2% |
| Trade receivables | 40 | €50,829 | €57,938 | +€7,109 | +14.0% |
| Other amounts receivable | 41 | - | €1,131 | +€1,131 | |
| Cash at bank and in hand | 54/58 | €73,722 | €193,611 | +€119,889 | +162.6% |
| Deferred charges and accrued income | 490/1 | €2,664 | €378 | -€2,286 | -85.8% |
| Total equity and liabilities | 10/49 | €128,970 | €254,459 | +€125,490 | +97.3% |
| Equity | 10/15 | €64,677 | €152,438 | +€87,761 | +135.7% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,677 | €110,438 | +€87,761 | +387.0% |
| Amounts payable | 17/49 | €64,293 | €102,021 | +€37,728 | +58.7% |
| Amounts payable within one year | 42/48 | €64,293 | €102,021 | +€37,728 | +58.7% |
| Trade debts | 44 | €9,732 | €13,648 | +€3,915 | +40.2% |
| Suppliers | 440/4 | €9,732 | €13,648 | +€3,915 | +40.2% |
| Taxes, remuneration and social security | 45 | €54,560 | €88,373 | +€33,813 | +62.0% |
| Taxes | 450/3 | €29,963 | €59,047 | +€29,085 | +97.1% |
| Remuneration and social security | 454/9 | €24,598 | €29,326 | +€4,729 | +19.2% |
| Remuneration, social security and pensions | 62 | €170,473 | €236,342 | +€65,869 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €1,222 | +€276 | +29.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €440 | €0 | -€440 | -100.0% |
| Gross operating margin | 9900 | €221,267 | €355,122 | +€133,855 | +60.5% |
| Operating profit (loss) | 9901 | €49,021 | €117,159 | +€68,138 | +139.0% |
| Financial income | 75/76B | €3 | €31 | +€28 | +971.7% |
| Recurring financial income | 75 | €3 | €31 | +€28 | +971.7% |
| Financial charges | 65/66B | €4,739 | €4,602 | -€137 | -2.9% |
| Recurring financial charges | 65 | €4,739 | €4,602 | -€137 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €44,285 | €112,587 | +€68,303 | +154.2% |
| Income taxes | 67/77 | €7,209 | €24,826 | +€17,617 | +244.4% |
| Profit (loss) for the period | 9904 | €37,076 | €87,761 | +€50,686 | +136.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,076 | €87,761 | +€50,686 | +136.7% |
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 30 September 2026 via checked.be.