EXCELLIANCE ADVISORY: 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.
EXCELLIANCE ADVISORY
Largest movements
- Cash +€43,801
up €43,801 (+8,826%), from €496 to €44,298
mainly Net result for the year (+€23,599) and Accrued charges and deferred income (+€17,999)
- Tangible fixed assets -€17,944
down €17,944 (-21.0%), from €85,627 to €67,682
- Receivables within one year +€6,080
up €6,080 (+18.7%), from €32,514 to €38,595
of which Trade receivables: +€14,360
- Deferred charges and accrued income -€5,756
down €5,756 (-85.0%), from €6,772 to €1,016
- Profit (loss) carried forward +€23,599
up €23,599 (+71.6%), from €32,965 to €56,564
- Accrued charges and deferred income +€17,999
new in 2025: €17,999
- Debts after one year -€12,313
down €12,313 (-33.2%), from €37,129 to €24,816
- Tax, wage and social debts +€8,940
up €8,940 (+73.7%), from €12,125 to €21,065
of which Taxes: +€8,357
- Trade debts -€6,824
down €6,824 (-92.4%), from €7,383 to €559
- Purchases and services +€18,814
up €18,814 (+20.7%), from €91,035 to €109,849
- Depreciation +€13,599
up €13,599 (+313%), from €4,346 to €17,944
- Gross operating margin +€8,669
up €8,669 (+17.9%), from €48,413 to €57,082
- Other operating charges +€4,330
up €4,330 (+276%), from €1,571 to €5,900
- Financial charges +€1,205
up €1,205 (+229%), from €526 to €1,731
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 | €125,409 | €151,590 | +€26,181 | +20.9% |
| Fixed assets | 21/28 | €85,627 | €67,682 | -€17,944 | -21.0% |
| Tangible fixed assets | 22/27 | €85,627 | €67,682 | -€17,944 | -21.0% |
| Furniture and vehicles | 24 | €85,627 | €67,682 | -€17,944 | -21.0% |
| Current assets | 29/58 | €39,782 | €83,908 | +€44,126 | +111% |
| Amounts receivable within one year | 40/41 | €32,514 | €38,595 | +€6,080 | +18.7% |
| Trade receivables | 40 | €23,800 | €38,160 | +€14,360 | +60.3% |
| Other amounts receivable | 41 | €8,714 | €435 | -€8,280 | -95.0% |
| Cash at bank and in hand | 54/58 | €496 | €44,298 | +€43,801 | +8,826% |
| Deferred charges and accrued income | 490/1 | €6,772 | €1,016 | -€5,756 | -85.0% |
| Total equity and liabilities | 10/49 | €125,409 | €151,590 | +€26,181 | +20.9% |
| Equity | 10/15 | €34,965 | €58,564 | +€23,599 | +67.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,965 | €56,564 | +€23,599 | +71.6% |
| Amounts payable | 17/49 | €90,443 | €93,026 | +€2,582 | +2.9% |
| Amounts payable after more than one year | 17 | €37,129 | €24,816 | -€12,313 | -33.2% |
| Financial debts | 170/4 | €37,129 | €24,816 | -€12,313 | -33.2% |
| Amounts payable within one year | 42/48 | €53,315 | €50,211 | -€3,104 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €12,793 | €12,570 | -€223 | -1.7% |
| Trade debts | 44 | €7,383 | €559 | -€6,824 | -92.4% |
| Suppliers | 440/4 | €7,383 | €559 | -€6,824 | -92.4% |
| Taxes, remuneration and social security | 45 | €12,125 | €21,065 | +€8,940 | +73.7% |
| Taxes | 450/3 | €11,254 | €19,611 | +€8,357 | +74.3% |
| Remuneration and social security | 454/9 | €870 | €1,453 | +€583 | +67.0% |
| Other amounts payable | 47/48 | €21,014 | €16,017 | -€4,997 | -23.8% |
| Accrued charges and deferred income | 492/3 | - | €17,999 | +€17,999 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,035 | €109,849 | +€18,814 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,346 | €17,944 | +€13,599 | +313% |
| Other operating charges | 640/8 | €1,571 | €5,900 | +€4,330 | +276% |
| Gross operating margin | 9900 | €48,413 | €57,082 | +€8,669 | +17.9% |
| Operating profit (loss) | 9901 | €42,496 | €33,237 | -€9,259 | -21.8% |
| Financial charges | 65/66B | €526 | €1,731 | +€1,205 | +229% |
| Recurring financial charges | 65 | €526 | €1,731 | +€1,205 | +229% |
| Profit (loss) for the period before taxes | 9903 | €41,970 | €31,506 | -€10,464 | -24.9% |
| Income taxes | 67/77 | €9,004 | €7,907 | -€1,097 | -12.2% |
| Profit (loss) for the period | 9904 | €32,965 | €23,599 | -€9,367 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,965 | €23,599 | -€9,367 | -28.4% |
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 18 October 2026 via checked.be.