EXBRAN: 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.
EXBRAN
Largest movements
- Tangible fixed assets -€13,000
down €13,000 (-68.0%), from €19,126 to €6,126
- Receivables within one year -€10,180
down €10,180 (-21.5%), from €47,376 to €37,196
- Cash -€3,277
down €3,277 (-78.3%), from €4,185 to €908
mainly Other debts (-€26,381) and Trade debts (-€19,776)
- Deferred charges and accrued income +€727
new in 2025: €727
- Other debts -€26,381
down €26,381 (-34.3%), from €76,821 to €50,440
- Profit (loss) carried forward +€20,385
up €20,385 (+35.8%), from -€56,975 to -€36,590
- Trade debts -€19,776
down €19,776 (-91.1%), from €21,702 to €1,927
- Tax, wage and social debts +€2,339
up €2,339 (+26.5%), from €8,827 to €11,166
- Short-term financial debts -€2,297
no longer reported in 2025 (was €2,297)
- Gross operating margin +€29,541
up €29,541 (+224%), from €13,162 to €42,703
- Taxes +€6,950
up €6,950 (+4,981%), from €140 to €7,089
- Financial charges -€555
down €555 (-78.1%), from €710 to €155
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 | €71,272 | €45,543 | -€25,729 | -36.1% |
| Fixed assets | 21/28 | €19,126 | €6,126 | -€13,000 | -68.0% |
| Tangible fixed assets | 22/27 | €19,126 | €6,126 | -€13,000 | -68.0% |
| Furniture and vehicles | 24 | €19,126 | €6,126 | -€13,000 | -68.0% |
| Current assets | 29/58 | €52,147 | €39,417 | -€12,730 | -24.4% |
| Stocks and contracts in progress | 3 | €586 | €586 | = | 0.0% |
| Stocks | 30/36 | €586 | €586 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,376 | €37,196 | -€10,180 | -21.5% |
| Trade receivables | 40 | €47,376 | €37,196 | -€10,180 | -21.5% |
| Cash at bank and in hand | 54/58 | €4,185 | €908 | -€3,277 | -78.3% |
| Deferred charges and accrued income | 490/1 | - | €727 | +€727 | |
| Total equity and liabilities | 10/49 | €71,272 | €45,543 | -€25,729 | -36.1% |
| Equity | 10/15 | -€38,375 | -€17,990 | +€20,385 | +53.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,975 | -€36,590 | +€20,385 | +35.8% |
| Amounts payable | 17/49 | €109,647 | €63,533 | -€46,114 | -42.1% |
| Amounts payable within one year | 42/48 | €109,647 | €63,533 | -€46,114 | -42.1% |
| Financial debts | 43 | €2,297 | - | -€2,297 | |
| Credit institutions | 430/8 | €2,297 | - | -€2,297 | |
| Trade debts | 44 | €21,702 | €1,927 | -€19,776 | -91.1% |
| Suppliers | 440/4 | €21,702 | €1,927 | -€19,776 | -91.1% |
| Taxes, remuneration and social security | 45 | €8,827 | €11,166 | +€2,339 | +26.5% |
| Taxes | 450/3 | €8,827 | €11,166 | +€2,339 | +26.5% |
| Other amounts payable | 47/48 | €76,821 | €50,440 | -€26,381 | -34.3% |
| Non-recurring operating income | 76A | €8,760 | - | -€8,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,000 | €13,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,462 | €2,074 | -€388 | -15.7% |
| Gross operating margin | 9900 | €13,162 | €42,703 | +€29,541 | +224% |
| Operating profit (loss) | 9901 | -€2,299 | €27,629 | +€29,929 | |
| Financial charges | 65/66B | €710 | €155 | -€555 | -78.1% |
| Recurring financial charges | 65 | €710 | €155 | -€555 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,009 | €27,474 | +€30,483 | |
| Income taxes | 67/77 | €140 | €7,089 | +€6,950 | +4,981% |
| Profit (loss) for the period | 9904 | -€3,149 | €20,385 | +€23,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,149 | €20,385 | +€23,534 |
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 13 October 2026 via checked.be.