EXCELLIUM SERVICES 786: 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.
EXCELLIUM SERVICES 786
Largest movements
- Receivables within one year +€73,777
up €73,777 (+144%), from €51,257 to €125,034
of which Trade receivables: +€59,058
- Tangible fixed assets +€67,164
up €67,164 (+538%), from €12,492 to €79,655
of which Other tangible fixed assets: +€53,502
- Cash +€10,749
up €10,749 (+723%), from €1,488 to €12,236
mainly Trade debts (+€71,360) and Tax, wage and social debts (+€48,943)
- Deferred charges and accrued income +€2,740
new in 2025: €2,740
- Trade debts +€71,360
up €71,360 (+146%), from €48,850 to €120,210
- Tax, wage and social debts +€48,943
up €48,943 (+474%), from €10,315 to €59,258
of which Taxes: +€44,808
- Profit (loss) carried forward +€34,127
up €34,127 (+748%), from €4,562 to €38,689
- Gross operating margin +€120,729
up €120,729 (+721%), from €16,746 to €137,475
- Staff costs +€46,119
up €46,119 (+477%), from €9,660 to €55,779
- Taxes +€31,300
up €31,300 (+2,745%), from €1,140 to €32,440
- Depreciation +€10,463
up €10,463 (+756%), from €1,383 to €11,846
- Other operating charges +€1,814
new in 2025: €1,814
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 | €65,727 | €220,156 | +€154,430 | +235% |
| Fixed assets | 21/28 | €12,982 | €80,146 | +€67,164 | +517% |
| Tangible fixed assets | 22/27 | €12,492 | €79,655 | +€67,164 | +538% |
| Furniture and vehicles | 24 | €12,492 | €26,154 | +€13,662 | +109% |
| Other tangible fixed assets | 26 | - | €53,502 | +€53,502 | |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €52,745 | €140,011 | +€87,266 | +165% |
| Amounts receivable within one year | 40/41 | €51,257 | €125,034 | +€73,777 | +144% |
| Trade receivables | 40 | €50,760 | €109,817 | +€59,058 | +116% |
| Other amounts receivable | 41 | €497 | €15,217 | +€14,720 | +2,959% |
| Cash at bank and in hand | 54/58 | €1,488 | €12,236 | +€10,749 | +723% |
| Deferred charges and accrued income | 490/1 | - | €2,740 | +€2,740 | |
| Total equity and liabilities | 10/49 | €65,727 | €220,156 | +€154,430 | +235% |
| Equity | 10/15 | €6,562 | €40,689 | +€34,127 | +520% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,562 | €38,689 | +€34,127 | +748% |
| Amounts payable | 17/49 | €59,165 | €179,468 | +€120,303 | +203% |
| Amounts payable within one year | 42/48 | €59,165 | €179,468 | +€120,303 | +203% |
| Trade debts | 44 | €48,850 | €120,210 | +€71,360 | +146% |
| Suppliers | 440/4 | €48,850 | €120,210 | +€71,360 | +146% |
| Taxes, remuneration and social security | 45 | €10,315 | €59,258 | +€48,943 | +474% |
| Taxes | 450/3 | €6,570 | €51,378 | +€44,808 | +682% |
| Remuneration and social security | 454/9 | €3,745 | €7,880 | +€4,135 | +110% |
| Remuneration, social security and pensions | 62 | €9,660 | €55,779 | +€46,119 | +477% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,383 | €11,846 | +€10,463 | +756% |
| Other operating charges | 640/8 | - | €1,814 | +€1,814 | |
| Non-recurring operating charges | 66A | - | €363 | +€363 | |
| Gross operating margin | 9900 | €16,746 | €137,475 | +€120,729 | +721% |
| Operating profit (loss) | 9901 | €5,702 | €67,673 | +€61,971 | +1,087% |
| Financial charges | 65/66B | - | €1,106 | +€1,106 | |
| Recurring financial charges | 65 | - | €1,106 | +€1,106 | |
| Profit (loss) for the period before taxes | 9903 | €5,702 | €66,567 | +€60,865 | +1,067% |
| Income taxes | 67/77 | €1,140 | €32,440 | +€31,300 | +2,745% |
| Profit (loss) for the period | 9904 | €4,562 | €34,127 | +€29,565 | +648% |
| Profit (loss) for the period to be appropriated | 9905 | €4,562 | €34,127 | +€29,565 | +648% |
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 21 October 2026 via checked.be.