EXCENTRIC: 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.
EXCENTRIC
Largest movements
- Cash +€66,547
up €66,547 (+24.6%), from €270,380 to €336,928
mainly Net result for the year (+€54,982) and Receivables within one year (+€41,576)
- Receivables within one year -€41,576
down €41,576 (-91.3%), from €45,526 to €3,950
of which Trade receivables: -€40,195
- Reserves +€33,290
up €33,290 (+10.8%), from €309,522 to €342,811
- Debts after one year -€4,894
down €4,894 (-18.7%), from €26,170 to €21,276
- Taxes +€1,445
up €1,445 (+7.1%), from €20,240 to €21,684
- Gross operating margin +€887
up €887 (+1.1%), from €81,428 to €82,315
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 | €380,051 | €401,883 | +€21,831 | +5.7% |
| Fixed assets | 21/28 | €64,145 | €61,005 | -€3,140 | -4.9% |
| Tangible fixed assets | 22/27 | €64,095 | €60,955 | -€3,140 | -4.9% |
| Land and buildings | 22 | €59,925 | €58,077 | -€1,848 | -3.1% |
| Plant, machinery and equipment | 23 | €681 | €272 | -€409 | -60.0% |
| Furniture and vehicles | 24 | €3,489 | €2,606 | -€884 | -25.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €315,906 | €340,878 | +€24,972 | +7.9% |
| Amounts receivable within one year | 40/41 | €45,526 | €3,950 | -€41,576 | -91.3% |
| Trade receivables | 40 | €40,195 | - | -€40,195 | |
| Other amounts receivable | 41 | €5,331 | €3,950 | -€1,380 | -25.9% |
| Cash at bank and in hand | 54/58 | €270,380 | €336,928 | +€66,547 | +24.6% |
| Total equity and liabilities | 10/49 | €380,051 | €401,883 | +€21,831 | +5.7% |
| Equity | 10/15 | €328,344 | €361,634 | +€33,290 | +10.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €309,522 | €342,811 | +€33,290 | +10.8% |
| Distributable reserves | 133 | €309,522 | €342,811 | +€33,290 | +10.8% |
| Profit (loss) carried forward | 14 | €272 | €272 | = | 0.0% |
| Amounts payable | 17/49 | €51,707 | €40,249 | -€11,458 | -22.2% |
| Amounts payable after more than one year | 17 | €26,170 | €21,276 | -€4,894 | -18.7% |
| Financial debts | 170/4 | €26,170 | €21,276 | -€4,894 | -18.7% |
| Amounts payable within one year | 42/48 | €25,537 | €18,973 | -€6,564 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €4,736 | €4,894 | +€159 | +3.4% |
| Financial debts | 43 | €2,083 | - | -€2,083 | |
| Credit institutions | 430/8 | €2,083 | - | -€2,083 | |
| Trade debts | 44 | €4,088 | €1,588 | -€2,500 | -61.2% |
| Suppliers | 440/4 | €4,088 | €1,588 | -€2,500 | -61.2% |
| Taxes, remuneration and social security | 45 | €14,130 | €12,427 | -€1,703 | -12.1% |
| Taxes | 450/3 | €14,130 | €12,427 | -€1,703 | -12.1% |
| Other amounts payable | 47/48 | €500 | €64 | -€437 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,792 | €3,140 | -€652 | -17.2% |
| Other operating charges | 640/8 | €1,470 | €1,570 | +€101 | +6.9% |
| Gross operating margin | 9900 | €81,428 | €82,315 | +€887 | +1.1% |
| Operating profit (loss) | 9901 | €76,166 | €77,605 | +€1,439 | +1.9% |
| Financial income | 75/76B | €452 | €455 | +€3 | +0.6% |
| Recurring financial income | 75 | €452 | €455 | +€3 | +0.6% |
| Financial charges | 65/66B | €2,030 | €1,393 | -€637 | -31.4% |
| Recurring financial charges | 65 | €2,030 | €1,393 | -€637 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €74,588 | €76,666 | +€2,078 | +2.8% |
| Income taxes | 67/77 | €20,240 | €21,684 | +€1,445 | +7.1% |
| Profit (loss) for the period | 9904 | €54,348 | €54,982 | +€633 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,348 | €54,982 | +€633 | +1.2% |
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 16 October 2026 via checked.be.