EXCELCIOM CONSULTING: 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.
EXCELCIOM CONSULTING
Largest movements
- Receivables within one year +€47,060
up €47,060 (+19.0%), from €247,271 to €294,330
of which Other amounts receivable: +€55,480
- Cash -€13,401
down €13,401 (-90.4%), from €14,827 to €1,425
mainly Receivables within one year (-€47,060) and Trade debts (-€29,949)
- Profit (loss) carried forward +€61,611
up €61,611 (+36.8%), from €167,449 to €229,060
- Trade debts -€29,949
down €29,949 (-60.6%), from €49,432 to €19,484
- Tax, wage and social debts +€6,551
up €6,551 (+12.4%), from €52,852 to €59,404
- Gross operating margin -€33,180
down €33,180 (-29.4%), from €112,937 to €79,757
- Taxes -€4,634
down €4,634 (-14.8%), from €31,313 to €26,679
- Financial income +€4,010
up €4,010 (+48.9%), from €8,201 to €12,212
- Other operating charges -€1,522
down €1,522 (-56.2%), from €2,708 to €1,186
- Depreciation -€1,165
down €1,165 (-49.8%), from €2,342 to €1,177
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 | €279,075 | €315,448 | +€36,373 | +13.0% |
| Fixed assets | 21/28 | €7,396 | €7,480 | +€84 | +1.1% |
| Tangible fixed assets | 22/27 | €7,396 | €7,480 | +€84 | +1.1% |
| Furniture and vehicles | 24 | €1,366 | €1,450 | +€84 | +6.1% |
| Other tangible fixed assets | 26 | €6,030 | €6,030 | = | 0.0% |
| Current assets | 29/58 | €271,679 | €307,968 | +€36,289 | +13.4% |
| Amounts receivable within one year | 40/41 | €247,271 | €294,330 | +€47,060 | +19.0% |
| Trade receivables | 40 | €55,770 | €47,350 | -€8,420 | -15.1% |
| Other amounts receivable | 41 | €191,500 | €246,981 | +€55,480 | +29.0% |
| Cash at bank and in hand | 54/58 | €14,827 | €1,425 | -€13,401 | -90.4% |
| Deferred charges and accrued income | 490/1 | €9,582 | €12,212 | +€2,630 | +27.4% |
| Total equity and liabilities | 10/49 | €279,075 | €315,448 | +€36,373 | +13.0% |
| Equity | 10/15 | €174,949 | €236,560 | +€61,611 | +35.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,449 | €229,060 | +€61,611 | +36.8% |
| Amounts payable | 17/49 | €104,126 | €78,887 | -€25,239 | -24.2% |
| Amounts payable within one year | 42/48 | €104,126 | €78,887 | -€25,239 | -24.2% |
| Trade debts | 44 | €49,432 | €19,484 | -€29,949 | -60.6% |
| Suppliers | 440/4 | €49,432 | €19,484 | -€29,949 | -60.6% |
| Advances received on contracts in progress | 46 | €1,841 | - | -€1,841 | |
| Taxes, remuneration and social security | 45 | €52,852 | €59,404 | +€6,551 | +12.4% |
| Taxes | 450/3 | €52,852 | €59,404 | +€6,551 | +12.4% |
| Non-recurring operating income | 76A | €3,728 | - | -€3,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,342 | €1,177 | -€1,165 | -49.8% |
| Other operating charges | 640/8 | €2,708 | €1,186 | -€1,522 | -56.2% |
| Gross operating margin | 9900 | €112,937 | €79,757 | -€33,180 | -29.4% |
| Operating profit (loss) | 9901 | €107,887 | €77,394 | -€30,493 | -28.3% |
| Financial income | 75/76B | €8,201 | €12,212 | +€4,010 | +48.9% |
| Recurring financial income | 75 | €8,201 | €12,212 | +€4,010 | +48.9% |
| Financial charges | 65/66B | €1,033 | €1,316 | +€282 | +27.3% |
| Recurring financial charges | 65 | €1,033 | €1,316 | +€282 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €115,055 | €88,290 | -€26,764 | -23.3% |
| Income taxes | 67/77 | €31,313 | €26,679 | -€4,634 | -14.8% |
| Profit (loss) for the period | 9904 | €83,741 | €61,611 | -€22,130 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €83,741 | €61,611 | -€22,130 | -26.4% |
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 25 October 2026 via checked.be.