EXCELNEXT: 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.
EXCELNEXT
Largest movements
- Cash -€8,516
down €8,516 (-21.9%), from €38,918 to €30,402
mainly Debts after one year (-€6,995) and Receivables within one year (-€2,797)
- Stocks and contracts -€3,375
down €3,375 (-89.7%), from €3,762 to €387
- Receivables within one year +€2,797
up €2,797 (+83.0%), from €3,369 to €6,166
of which Trade receivables: +€3,220
- Debts after one year -€6,995
down €6,995 (-36.4%), from €19,208 to €12,213
- Reserves -€2,493
down €2,493 (-12.6%), from €19,762 to €17,269
- Tax, wage and social debts +€514
new in 2025: €514
- Gross operating margin +€3,681
up €3,681 (+67.9%), from -€5,420 to -€1,739
- Other operating charges -€169
down €169 (-29.5%), from €571 to €403
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 | €46,049 | €36,955 | -€9,094 | -19.7% |
| Current assets | 29/58 | €46,049 | €36,955 | -€9,094 | -19.7% |
| Stocks and contracts in progress | 3 | €3,762 | €387 | -€3,375 | -89.7% |
| Stocks | 30/36 | €3,762 | €387 | -€3,375 | -89.7% |
| Amounts receivable within one year | 40/41 | €3,369 | €6,166 | +€2,797 | +83.0% |
| Trade receivables | 40 | €2,946 | €6,166 | +€3,220 | +109.3% |
| Other amounts receivable | 41 | €423 | - | -€423 | |
| Cash at bank and in hand | 54/58 | €38,918 | €30,402 | -€8,516 | -21.9% |
| Total equity and liabilities | 10/49 | €46,049 | €36,955 | -€9,094 | -19.7% |
| Equity | 10/15 | €25,962 | €23,469 | -€2,493 | -9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,762 | €17,269 | -€2,493 | -12.6% |
| Distributable reserves | 133 | €19,762 | €17,269 | -€2,493 | -12.6% |
| Amounts payable | 17/49 | €20,087 | €13,486 | -€6,601 | -32.9% |
| Amounts payable after more than one year | 17 | €19,208 | €12,213 | -€6,995 | -36.4% |
| Other amounts payable | 178/9 | €19,208 | €12,213 | -€6,995 | -36.4% |
| Amounts payable within one year | 42/48 | €880 | €1,273 | +€393 | +44.7% |
| Trade debts | 44 | €880 | €759 | -€121 | -13.7% |
| Suppliers | 440/4 | €880 | €759 | -€121 | -13.7% |
| Taxes, remuneration and social security | 45 | - | €514 | +€514 | |
| Taxes | 450/3 | - | €514 | +€514 | |
| Other operating charges | 640/8 | €571 | €403 | -€169 | -29.5% |
| Gross operating margin | 9900 | -€5,420 | -€1,739 | +€3,681 | +67.9% |
| Operating profit (loss) | 9901 | -€5,992 | -€2,142 | +€3,850 | +64.3% |
| Financial income | 75/76B | €28 | €62 | +€34 | +119.3% |
| Recurring financial income | 75 | €28 | €62 | +€34 | +119.3% |
| Financial charges | 65/66B | €414 | €413 | -€1 | -0.3% |
| Recurring financial charges | 65 | €414 | €413 | -€1 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,378 | -€2,493 | +€3,885 | +60.9% |
| Profit (loss) for the period | 9904 | -€6,378 | -€2,493 | +€3,885 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,378 | -€2,493 | +€3,885 | +60.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.