Exchealth: 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.
Exchealth
Largest movements
- Receivables within one year +€59,099
up €59,099 (+207.5%), from €28,478 to €87,576
of which Trade receivables: +€63,641
- Cash +€15,740
up €15,740 (+6.1%), from €260,144 to €275,884
mainly Net result for the year (+€70,820) and Other debts (+€38,742)
- Tangible fixed assets +€4,534
up €4,534 (+9.6%), from €47,314 to €51,847
of which Furniture and vehicles: +€5,363
- Other debts +€38,742
up €38,742 (+228.3%), from €16,966 to €55,709
- Reserves +€23,439
up €23,439 (+8.9%), from €263,206 to €286,645
- Trade debts +€22,678
up €22,678 (+4450.4%), from €510 to €23,187
- Debts after one year -€11,540
down €11,540 (-41.8%), from €27,587 to €16,047
- Tax, wage and social debts +€8,852
up €8,852 (+64.9%), from €13,642 to €22,494
of which Taxes: +€7,423
- Gross operating margin +€43,638
up €43,638 (+49.4%), from €88,374 to €132,012
- Staff costs +€12,004
new in 2025: €12,004
- Taxes +€8,765
up €8,765 (+38.4%), from €22,796 to €31,561
- Depreciation +€2,725
up €2,725 (+19.3%), from €14,119 to €16,844
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 | €354,067 | €436,647 | +€82,580 | +23.3% |
| Fixed assets | 21/28 | €47,344 | €51,877 | +€4,534 | +9.6% |
| Tangible fixed assets | 22/27 | €47,314 | €51,847 | +€4,534 | +9.6% |
| Plant, machinery and equipment | 23 | €4,647 | €4,117 | -€530 | -11.4% |
| Furniture and vehicles | 24 | €40,089 | €45,452 | +€5,363 | +13.4% |
| Other tangible fixed assets | 26 | €2,577 | €2,278 | -€300 | -11.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €306,724 | €384,770 | +€78,046 | +25.4% |
| Amounts receivable within one year | 40/41 | €28,478 | €87,576 | +€59,099 | +207.5% |
| Trade receivables | 40 | €23,935 | €87,576 | +€63,641 | +265.9% |
| Other amounts receivable | 41 | €4,543 | - | -€4,543 | |
| Cash at bank and in hand | 54/58 | €260,144 | €275,884 | +€15,740 | +6.1% |
| Deferred charges and accrued income | 490/1 | €18,102 | €21,310 | +€3,207 | +17.7% |
| Total equity and liabilities | 10/49 | €354,067 | €436,647 | +€82,580 | +23.3% |
| Equity | 10/15 | €284,231 | €307,670 | +€23,439 | +8.2% |
| Contributions | 10/11 | €21,025 | €21,025 | = | 0.0% |
| Reserves | 13 | €263,206 | €286,645 | +€23,439 | +8.9% |
| Distributable reserves | 133 | €263,206 | €286,645 | +€23,439 | +8.9% |
| Amounts payable | 17/49 | €69,836 | €128,977 | +€59,141 | +84.7% |
| Amounts payable after more than one year | 17 | €27,587 | €16,047 | -€11,540 | -41.8% |
| Financial debts | 170/4 | €27,587 | €16,047 | -€11,540 | -41.8% |
| Amounts payable within one year | 42/48 | €42,249 | €112,930 | +€70,681 | +167.3% |
| Current portion of amounts payable after more than one year | 42 | €11,132 | €11,540 | +€408 | +3.7% |
| Trade debts | 44 | €510 | €23,187 | +€22,678 | +4450.4% |
| Suppliers | 440/4 | €510 | €23,187 | +€22,678 | +4450.4% |
| Taxes, remuneration and social security | 45 | €13,642 | €22,494 | +€8,852 | +64.9% |
| Taxes | 450/3 | €13,642 | €21,065 | +€7,423 | +54.4% |
| Remuneration and social security | 454/9 | - | €1,429 | +€1,429 | |
| Other amounts payable | 47/48 | €16,966 | €55,709 | +€38,742 | +228.3% |
| Remuneration, social security and pensions | 62 | - | €12,004 | +€12,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,119 | €16,844 | +€2,725 | +19.3% |
| Other operating charges | 640/8 | €669 | €692 | +€23 | +3.5% |
| Gross operating margin | 9900 | €88,374 | €132,012 | +€43,638 | +49.4% |
| Operating profit (loss) | 9901 | €73,586 | €102,472 | +€28,886 | +39.3% |
| Financial income | 75/76B | €1,114 | €1,223 | +€109 | +9.8% |
| Recurring financial income | 75 | €1,114 | €1,223 | +€109 | +9.8% |
| Financial charges | 65/66B | €1,659 | €1,314 | -€345 | -20.8% |
| Recurring financial charges | 65 | €1,659 | €1,314 | -€345 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €73,041 | €102,381 | +€29,340 | +40.2% |
| Income taxes | 67/77 | €22,796 | €31,561 | +€8,765 | +38.4% |
| Profit (loss) for the period | 9904 | €50,245 | €70,820 | +€20,575 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,245 | €70,820 | +€20,575 | +41.0% |
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 10 October 2026 via checked.be.