EXCELLIUM WASH: 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.
EXCELLIUM WASH
Largest movements
- Cash -€3,427
down €3,427 (-44.4%), from €7,721 to €4,294
mainly Net result for the year (-€4,694) and Receivables within one year (-€2,268)
- Receivables within one year +€2,268
up €2,268 (+31.1%), from €7,299 to €9,567
of which Other amounts receivable: +€3,534
- Tangible fixed assets -€600
down €600 (-10.3%), from €5,828 to €5,228
- Profit (loss) carried forward -€4,694
down €4,694 (-38.0%), from €12,347 to €7,653
- Tax, wage and social debts +€3,814
up €3,814 (+70.6%), from €5,404 to €9,218
of which Remuneration and social security: +€3,989
- Trade debts -€898
down €898 (-55.1%), from €1,629 to €731
- Staff costs +€11,419
up €11,419 (+319.2%), from €3,577 to €14,996
- Gross operating margin -€6,966
down €6,966 (-34.6%), from €20,129 to €13,163
- Taxes -€3,087
down €3,087 (-100.0%), from €3,087 to €0
- Other operating charges +€1,356
up €1,356 (+175.7%), from €772 to €2,128
- Depreciation +€428
up €428 (+248.6%), from €172 to €600
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 | €20,880 | €19,102 | -€1,777 | -8.5% |
| Fixed assets | 21/28 | €5,828 | €5,228 | -€600 | -10.3% |
| Tangible fixed assets | 22/27 | €5,828 | €5,228 | -€600 | -10.3% |
| Other tangible fixed assets | 26 | €5,828 | €5,228 | -€600 | -10.3% |
| Current assets | 29/58 | €15,052 | €13,874 | -€1,177 | -7.8% |
| Amounts receivable within one year | 40/41 | €7,299 | €9,567 | +€2,268 | +31.1% |
| Trade receivables | 40 | €6,683 | €5,417 | -€1,265 | -18.9% |
| Other amounts receivable | 41 | €616 | €4,149 | +€3,534 | +573.8% |
| Cash at bank and in hand | 54/58 | €7,721 | €4,294 | -€3,427 | -44.4% |
| Deferred charges and accrued income | 490/1 | €32 | €14 | -€18 | -57.7% |
| Total equity and liabilities | 10/49 | €20,880 | €19,102 | -€1,777 | -8.5% |
| Equity | 10/15 | €13,847 | €9,153 | -€4,694 | -33.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,347 | €7,653 | -€4,694 | -38.0% |
| Amounts payable | 17/49 | €7,033 | €9,949 | +€2,916 | +41.5% |
| Amounts payable within one year | 42/48 | €7,033 | €9,949 | +€2,916 | +41.5% |
| Trade debts | 44 | €1,629 | €731 | -€898 | -55.1% |
| Suppliers | 440/4 | €1,629 | €731 | -€898 | -55.1% |
| Taxes, remuneration and social security | 45 | €5,404 | €9,218 | +€3,814 | +70.6% |
| Taxes | 450/3 | €5,072 | €4,897 | -€175 | -3.4% |
| Remuneration and social security | 454/9 | €332 | €4,321 | +€3,989 | +1202.9% |
| Remuneration, social security and pensions | 62 | €3,577 | €14,996 | +€11,419 | +319.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €600 | +€428 | +248.6% |
| Other operating charges | 640/8 | €772 | €2,128 | +€1,356 | +175.7% |
| Gross operating margin | 9900 | €20,129 | €13,163 | -€6,966 | -34.6% |
| Operating profit (loss) | 9901 | €15,608 | -€4,562 | -€20,170 | |
| Financial income | 75/76B | €36 | €128 | +€92 | +254.1% |
| Recurring financial income | 75 | €36 | €128 | +€92 | +254.1% |
| Financial charges | 65/66B | €210 | €260 | +€50 | +23.9% |
| Recurring financial charges | 65 | €210 | €260 | +€50 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €15,434 | -€4,694 | -€20,128 | |
| Income taxes | 67/77 | €3,087 | €0 | -€3,087 | -100.0% |
| Profit (loss) for the period | 9904 | €12,347 | -€4,694 | -€17,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,347 | -€4,694 | -€17,041 |
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 7 October 2026 via checked.be.