EXATIS: 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.
EXATIS
Largest movements
- Receivables within one year +€95,569
up €95,569 (+130.8%), from €73,079 to €168,648
of which Trade receivables: +€90,040
- Cash -€47,759
down €47,759 (-62.1%), from €76,965 to €29,206
mainly Receivables within one year (-€95,569) and Debts after one year (-€26,041)
- Tangible fixed assets -€17,997
down €17,997 (-16.5%), from €108,760 to €90,762
of which Leasing and similar rights: -€14,850
- Receivables after one year -€7,014
no longer reported in 2025 (was €7,014)
- Stocks and contracts +€3,681
up €3,681 (+18.8%), from €19,588 to €23,269
- Trade debts +€57,526
up €57,526 (+56.7%), from €101,388 to €158,914
- Debts after one year -€26,041
down €26,041 (-60.4%), from €43,144 to €17,103
- Reserves -€9,017
down €9,017 (-8.4%), from €106,980 to €97,963
of which Distributable reserves: -€9,017
- Profit (loss) carried forward +€7,277
up €7,277 (+21.2%), from -€34,382 to -€27,105
- Tax, wage and social debts -€6,137
down €6,137 (-76.4%), from €8,032 to €1,895
of which Taxes: -€6,093
- Gross operating margin +€26,278
up €26,278 (+10.1%), from €259,394 to €285,672
- Staff costs +€15,731
up €15,731 (+6.7%), from €236,534 to €252,264
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 | €289,769 | €316,333 | +€26,563 | +9.2% |
| Fixed assets | 21/28 | €108,760 | €90,762 | -€17,997 | -16.5% |
| Tangible fixed assets | 22/27 | €108,760 | €90,762 | -€17,997 | -16.5% |
| Plant, machinery and equipment | 23 | €1,446 | €950 | -€496 | -34.3% |
| Furniture and vehicles | 24 | €3,363 | €712 | -€2,651 | -78.8% |
| Leasing and similar rights | 25 | €103,950 | €89,100 | -€14,850 | -14.3% |
| Current assets | 29/58 | €181,010 | €225,570 | +€44,560 | +24.6% |
| Amounts receivable after more than one year | 29 | €7,014 | - | -€7,014 | |
| Other amounts receivable | 291 | €7,014 | - | -€7,014 | |
| Stocks and contracts in progress | 3 | €19,588 | €23,269 | +€3,681 | +18.8% |
| Stocks | 30/36 | €19,588 | €23,269 | +€3,681 | +18.8% |
| Amounts receivable within one year | 40/41 | €73,079 | €168,648 | +€95,569 | +130.8% |
| Trade receivables | 40 | €68,257 | €158,296 | +€90,040 | +131.9% |
| Other amounts receivable | 41 | €4,822 | €10,351 | +€5,529 | +114.7% |
| Cash at bank and in hand | 54/58 | €76,965 | €29,206 | -€47,759 | -62.1% |
| Deferred charges and accrued income | 490/1 | €4,364 | €4,447 | +€83 | +1.9% |
| Total equity and liabilities | 10/49 | €289,769 | €316,333 | +€26,563 | +9.2% |
| Equity | 10/15 | €91,198 | €89,458 | -€1,740 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,980 | €97,963 | -€9,017 | -8.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €105,120 | €96,103 | -€9,017 | -8.6% |
| Profit (loss) carried forward | 14 | -€34,382 | -€27,105 | +€7,277 | +21.2% |
| Amounts payable | 17/49 | €198,571 | €226,875 | +€28,303 | +14.3% |
| Amounts payable after more than one year | 17 | €43,144 | €17,103 | -€26,041 | -60.4% |
| Financial debts | 170/4 | €43,144 | €17,103 | -€26,041 | -60.4% |
| Amounts payable within one year | 42/48 | €155,427 | €209,771 | +€54,344 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €24,286 | €26,041 | +€1,756 | +7.2% |
| Trade debts | 44 | €101,388 | €158,914 | +€57,526 | +56.7% |
| Suppliers | 440/4 | €101,388 | €158,914 | +€57,526 | +56.7% |
| Taxes, remuneration and social security | 45 | €8,032 | €1,895 | -€6,137 | -76.4% |
| Taxes | 450/3 | €6,155 | €62 | -€6,093 | -99.0% |
| Remuneration and social security | 454/9 | €1,877 | €1,833 | -€44 | -2.3% |
| Other amounts payable | 47/48 | €21,722 | €22,921 | +€1,199 | +5.5% |
| Non-recurring operating income | 76A | €740 | - | -€740 | |
| Remuneration, social security and pensions | 62 | €236,534 | €252,264 | +€15,731 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,108 | €17,997 | -€111 | -0.6% |
| Other operating charges | 640/8 | €627 | €3,247 | +€2,619 | +417.6% |
| Gross operating margin | 9900 | €259,394 | €285,672 | +€26,278 | +10.1% |
| Operating profit (loss) | 9901 | €4,125 | €12,164 | +€8,039 | +194.9% |
| Financial income | 75/76B | €307 | €191 | -€117 | -37.9% |
| Recurring financial income | 75 | €307 | €191 | -€117 | -37.9% |
| Financial charges | 65/66B | €6,068 | €4,440 | -€1,628 | -26.8% |
| Recurring financial charges | 65 | €6,068 | €4,440 | -€1,628 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,636 | €7,914 | +€9,550 | |
| Income taxes | 67/77 | €702 | €637 | -€64 | -9.2% |
| Profit (loss) for the period | 9904 | -€2,337 | €7,277 | +€9,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,337 | €7,277 | +€9,614 |
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.