EXCELEADS: 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.
EXCELEADS
Largest movements
- Receivables within one year -€13,500
down €13,500 (-100%), from €13,500 to €0
- Profit (loss) carried forward -€14,347
down €14,347, from €1,715 to -€12,632
- Trade debts +€726
up €726, from €0 to €726
- Other debts +€166
up €166 (+4.5%), from €3,670 to €3,836
- Gross operating margin -€847
down €847, from €0 to -€847
- Other operating charges -€55
down €55 (-100%), from €55 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,500 | €0 | -€13,500 | -100% |
| Current assets | 29/58 | €13,500 | €0 | -€13,500 | -100% |
| Amounts receivable within one year | 40/41 | €13,500 | €0 | -€13,500 | -100% |
| Trade receivables | 40 | €13,500 | €0 | -€13,500 | -100% |
| Total equity and liabilities | 10/49 | €13,500 | €0 | -€13,500 | -100% |
| Equity | 10/15 | €9,775 | -€4,572 | -€14,347 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,715 | -€12,632 | -€14,347 | |
| Amounts payable | 17/49 | €3,725 | €4,572 | +€847 | +22.7% |
| Amounts payable within one year | 42/48 | €3,725 | €4,572 | +€847 | +22.7% |
| Trade debts | 44 | €0 | €726 | +€726 | |
| Suppliers | 440/4 | €0 | €726 | +€726 | |
| Taxes, remuneration and social security | 45 | €55 | €10 | -€45 | -81.8% |
| Taxes | 450/3 | €55 | €10 | -€45 | -81.8% |
| Other amounts payable | 47/48 | €3,670 | €3,836 | +€166 | +4.5% |
| Other operating charges | 640/8 | €55 | €0 | -€55 | -100% |
| Non-recurring operating charges | 66A | - | €13,500 | +€13,500 | |
| Gross operating margin | 9900 | €0 | -€847 | -€847 | |
| Operating profit (loss) | 9901 | -€55 | -€14,347 | -€14,292 | -26,181% |
| Profit (loss) for the period before taxes | 9903 | -€55 | -€14,347 | -€14,292 | -26,181% |
| Profit (loss) for the period | 9904 | -€55 | -€14,347 | -€14,292 | -26,181% |
| Profit (loss) for the period to be appropriated | 9905 | -€55 | -€14,347 | -€14,292 | -26,181% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.