EXBAL: 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.
EXBAL
Largest movements
- Cash +€44,132
up €44,132 (+454.3%), from €9,715 to €53,847
mainly Net result for the year (+€44,817) and Trade debts (+€28,188)
- Receivables within one year +€28,938
up €28,938 (+109.6%), from €26,394 to €55,332
of which Trade receivables: +€21,631
- Tangible fixed assets +€6,093
up €6,093 (+112.3%), from €5,426 to €11,519
of which Furniture and vehicles: +€6,951
- Trade debts +€28,188
up €28,188 (+1143.5%), from €2,465 to €30,653
- Profit (loss) carried forward +€23,388
up €23,388 (+120.4%), from €19,433 to €42,821
- Tax, wage and social debts +€22,993
up €22,993 (+376.8%), from €6,101 to €29,095
- Accrued charges and deferred income +€4,271
up €4,271 (+118.8%), from €3,596 to €7,867
- Gross operating margin +€50,204
up €50,204 (+355.0%), from €14,144 to €64,347
- Taxes +€14,013
up €14,013 (+380.8%), from €3,680 to €17,693
- Depreciation +€1,249
up €1,249 (+105.8%), from €1,181 to €2,430
- Financial income +€1,031
up €1,031 (+106.3%), from €971 to €2,002
- Other operating charges -€915
down €915 (-46.1%), from €1,984 to €1,069
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,047 | €130,887 | +€78,840 | +151.5% |
| Fixed assets | 21/28 | €7,833 | €13,603 | +€5,770 | +73.7% |
| Intangible fixed assets | 21 | €2,407 | €2,084 | -€323 | -13.4% |
| Tangible fixed assets | 22/27 | €5,426 | €11,519 | +€6,093 | +112.3% |
| Furniture and vehicles | 24 | - | €6,951 | +€6,951 | |
| Other tangible fixed assets | 26 | €5,426 | €4,568 | -€858 | -15.8% |
| Current assets | 29/58 | €44,214 | €117,284 | +€73,070 | +165.3% |
| Stocks and contracts in progress | 3 | €8,105 | €8,105 | = | 0.0% |
| Stocks | 30/36 | €8,105 | €8,105 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,394 | €55,332 | +€28,938 | +109.6% |
| Trade receivables | 40 | €4,512 | €26,144 | +€21,631 | +479.4% |
| Other amounts receivable | 41 | €21,882 | €29,189 | +€7,307 | +33.4% |
| Cash at bank and in hand | 54/58 | €9,715 | €53,847 | +€44,132 | +454.3% |
| Total equity and liabilities | 10/49 | €52,047 | €130,887 | +€78,840 | +151.5% |
| Equity | 10/15 | €39,884 | €63,272 | +€23,388 | +58.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,433 | €42,821 | +€23,388 | +120.4% |
| Amounts payable | 17/49 | €12,162 | €67,615 | +€55,452 | +455.9% |
| Amounts payable within one year | 42/48 | €8,566 | €59,747 | +€51,181 | +597.5% |
| Trade debts | 44 | €2,465 | €30,653 | +€28,188 | +1143.5% |
| Suppliers | 440/4 | €2,465 | €30,653 | +€28,188 | +1143.5% |
| Taxes, remuneration and social security | 45 | €6,101 | €29,095 | +€22,993 | +376.8% |
| Taxes | 450/3 | €6,101 | €29,095 | +€22,993 | +376.8% |
| Accrued charges and deferred income | 492/3 | €3,596 | €7,867 | +€4,271 | +118.8% |
| Non-recurring operating income | 76A | - | €12,620 | +€12,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,181 | €2,430 | +€1,249 | +105.8% |
| Other operating charges | 640/8 | €1,984 | €1,069 | -€915 | -46.1% |
| Gross operating margin | 9900 | €14,144 | €64,347 | +€50,204 | +355.0% |
| Operating profit (loss) | 9901 | €10,979 | €60,848 | +€49,870 | +454.2% |
| Financial income | 75/76B | €971 | €2,002 | +€1,031 | +106.3% |
| Recurring financial income | 75 | €971 | €2,002 | +€1,031 | +106.3% |
| Financial charges | 65/66B | €1,056 | €341 | -€715 | -67.7% |
| Recurring financial charges | 65 | €1,056 | €341 | -€715 | -67.7% |
| Profit (loss) for the period before taxes | 9903 | €10,894 | €62,510 | +€51,616 | +473.8% |
| Income taxes | 67/77 | €3,680 | €17,693 | +€14,013 | +380.8% |
| Profit (loss) for the period | 9904 | €7,214 | €44,817 | +€37,603 | +521.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,214 | €44,817 | +€37,603 | +521.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.