EXCID: 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.
EXCID
Largest movements
- Receivables within one year -€19,034
down €19,034 (-81.7%), from €23,307 to €4,274
of which Trade receivables: -€21,411
- Cash -€3,728
down €3,728 (-11.1%), from €33,736 to €30,008
mainly Net result for the year (-€14,429) and Trade debts (-€4,824)
- Profit (loss) carried forward -€14,429
down €14,429 (-664%), from -€2,172 to -€16,601
- Trade debts -€4,824
down €4,824 (-85.7%), from €5,626 to €802
- Tax, wage and social debts -€1,766
down €1,766 (-54.4%), from €3,246 to €1,480
- Other debts -€1,744
down €1,744 (-5.5%), from €31,744 to €30,000
- Gross operating margin -€13,563
down €13,563, from €3,891 to -€9,672
- Other operating charges +€2,307
up €2,307 (+101%), from €2,277 to €4,584
- Taxes -€405
no longer reported in 2025 (was €405)
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 | €57,044 | €34,282 | -€22,762 | -39.9% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €57,044 | €34,282 | -€22,762 | -39.9% |
| Amounts receivable within one year | 40/41 | €23,307 | €4,274 | -€19,034 | -81.7% |
| Trade receivables | 40 | €23,307 | €1,896 | -€21,411 | -91.9% |
| Other amounts receivable | 41 | - | €2,377 | +€2,377 | |
| Cash at bank and in hand | 54/58 | €33,736 | €30,008 | -€3,728 | -11.1% |
| Total equity and liabilities | 10/49 | €57,044 | €34,282 | -€22,762 | -39.9% |
| Equity | 10/15 | €16,428 | €1,999 | -€14,429 | -87.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,172 | -€16,601 | -€14,429 | -664% |
| Amounts payable | 17/49 | €40,616 | €32,282 | -€8,333 | -20.5% |
| Amounts payable within one year | 42/48 | €40,616 | €32,282 | -€8,333 | -20.5% |
| Trade debts | 44 | €5,626 | €802 | -€4,824 | -85.7% |
| Suppliers | 440/4 | €5,626 | €802 | -€4,824 | -85.7% |
| Taxes, remuneration and social security | 45 | €3,246 | €1,480 | -€1,766 | -54.4% |
| Taxes | 450/3 | €3,246 | €1,480 | -€1,766 | -54.4% |
| Other amounts payable | 47/48 | €31,744 | €30,000 | -€1,744 | -5.5% |
| Remuneration, social security and pensions | 62 | €38 | €10 | -€28 | -73.8% |
| Other operating charges | 640/8 | €2,277 | €4,584 | +€2,307 | +101% |
| Gross operating margin | 9900 | €3,891 | -€9,672 | -€13,563 | |
| Operating profit (loss) | 9901 | €1,576 | -€14,266 | -€15,842 | |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €144 | €235 | +€91 | +63.2% |
| Recurring financial charges | 65 | €144 | €235 | +€91 | +63.2% |
| Profit (loss) for the period before taxes | 9903 | €1,432 | -€14,429 | -€15,861 | |
| Income taxes | 67/77 | €405 | - | -€405 | |
| Profit (loss) for the period | 9904 | €1,027 | -€14,429 | -€15,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,027 | -€14,429 | -€15,456 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.