EXCELLENT.COM: 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.
EXCELLENT.COM
Largest movements
- Cash -€819
down €819 (-21.4%), from €3,819 to €3,000
mainly Trade debts (-€20,000) and Net result for the year (-€10,902)
- Other debts +€30,083
up €30,083 (+393.9%), from €7,638 to €37,721
- Trade debts -€20,000
no longer reported in 2025 (was €20,000)
- Profit (loss) carried forward -€10,902
down €10,902 (-31.6%), from -€34,479 to -€45,381
- Staff costs +€7,159
up €7,159 (+23.5%), from €30,498 to €37,657
- Purchases and services +€4,352
up €4,352 (+33.9%), from €12,842 to €17,194
- Gross operating margin -€4,332
down €4,332 (-13.7%), from €31,618 to €27,286
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 | €3,819 | €3,000 | -€819 | -21.4% |
| Current assets | 29/58 | €3,819 | €3,000 | -€819 | -21.4% |
| Cash at bank and in hand | 54/58 | €3,819 | €3,000 | -€819 | -21.4% |
| Total equity and liabilities | 10/49 | €3,819 | €3,000 | -€819 | -21.4% |
| Equity | 10/15 | -€23,819 | -€34,721 | -€10,902 | -45.8% |
| Contributions | 10/11 | €10,660 | €10,660 | = | 0.0% |
| Capital | 10 | €10,660 | €10,660 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,940 | €7,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,479 | -€45,381 | -€10,902 | -31.6% |
| Amounts payable | 17/49 | €27,638 | €37,721 | +€10,083 | +36.5% |
| Amounts payable within one year | 42/48 | €27,638 | €37,721 | +€10,083 | +36.5% |
| Trade debts | 44 | €20,000 | - | -€20,000 | |
| Suppliers | 440/4 | €20,000 | - | -€20,000 | |
| Other amounts payable | 47/48 | €7,638 | €37,721 | +€30,083 | +393.9% |
| Turnover | 70 | €44,460 | €44,480 | +€20 | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,842 | €17,194 | +€4,352 | +33.9% |
| Remuneration, social security and pensions | 62 | €30,498 | €37,657 | +€7,159 | +23.5% |
| Other operating charges | 640/8 | €528 | €531 | +€3 | +0.6% |
| Gross operating margin | 9900 | €31,618 | €27,286 | -€4,332 | -13.7% |
| Operating profit (loss) | 9901 | €592 | -€10,902 | -€11,494 | |
| Profit (loss) for the period before taxes | 9903 | €592 | -€10,902 | -€11,494 | |
| Profit (loss) for the period | 9904 | €592 | -€10,902 | -€11,494 | |
| Profit (loss) for the period to be appropriated | 9905 | €592 | -€10,902 | -€11,494 |
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 29 September 2026 via checked.be.