EXCIOM: 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.
EXCIOM
Largest movements
- Cash +€50,242
up €50,242 (+127%), from €39,578 to €89,820
mainly Net result for the year (+€75,386) and Receivables within one year (+€13,316)
- Receivables within one year -€13,316
down €13,316 (-35.7%), from €37,340 to €24,024
of which Other amounts receivable: -€24,609
- Tangible fixed assets -€1,823
down €1,823 (-32.5%), from €5,605 to €3,782
of which Furniture and vehicles: -€3,254
- Reserves +€64,386
up €64,386 (+467%), from €13,800 to €78,186
of which Distributable reserves: +€64,386
- Other debts -€33,650
down €33,650 (-74.8%), from €45,000 to €11,350
- Tax, wage and social debts +€4,936
up €4,936 (+93.3%), from €5,292 to €10,227
- Gross operating margin +€87,865
up €87,865 (+458%), from €19,178 to €107,042
- Taxes +€22,944
up €22,944 (+747%), from €3,070 to €26,013
- Depreciation -€1,446
down €1,446 (-27.1%), from €5,340 to €3,894
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 | €84,518 | €120,750 | +€36,232 | +42.9% |
| Fixed assets | 21/28 | €5,605 | €3,782 | -€1,823 | -32.5% |
| Tangible fixed assets | 22/27 | €5,605 | €3,782 | -€1,823 | -32.5% |
| Plant, machinery and equipment | 23 | €358 | €1,789 | +€1,431 | +400% |
| Furniture and vehicles | 24 | €5,247 | €1,993 | -€3,254 | -62.0% |
| Current assets | 29/58 | €78,913 | €116,969 | +€38,055 | +48.2% |
| Amounts receivable within one year | 40/41 | €37,340 | €24,024 | -€13,316 | -35.7% |
| Trade receivables | 40 | €10,022 | €21,315 | +€11,293 | +113% |
| Other amounts receivable | 41 | €27,318 | €2,708 | -€24,609 | -90.1% |
| Cash at bank and in hand | 54/58 | €39,578 | €89,820 | +€50,242 | +127% |
| Deferred charges and accrued income | 490/1 | €1,995 | €3,125 | +€1,130 | +56.6% |
| Total equity and liabilities | 10/49 | €84,518 | €120,750 | +€36,232 | +42.9% |
| Equity | 10/15 | €32,400 | €96,786 | +€64,386 | +199% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,800 | €78,186 | +€64,386 | +467% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €11,940 | €76,326 | +€64,386 | +539% |
| Amounts payable | 17/49 | €52,118 | €23,965 | -€28,154 | -54.0% |
| Amounts payable within one year | 42/48 | €51,623 | €23,450 | -€28,174 | -54.6% |
| Trade debts | 44 | €1,332 | €1,873 | +€541 | +40.6% |
| Suppliers | 440/4 | €1,332 | €1,873 | +€541 | +40.6% |
| Taxes, remuneration and social security | 45 | €5,292 | €10,227 | +€4,936 | +93.3% |
| Taxes | 450/3 | €5,292 | €10,227 | +€4,936 | +93.3% |
| Other amounts payable | 47/48 | €45,000 | €11,350 | -€33,650 | -74.8% |
| Accrued charges and deferred income | 492/3 | €495 | €515 | +€20 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,340 | €3,894 | -€1,446 | -27.1% |
| Other operating charges | 640/8 | €2,035 | €1,749 | -€286 | -14.1% |
| Gross operating margin | 9900 | €19,178 | €107,042 | +€87,865 | +458% |
| Operating profit (loss) | 9901 | €11,802 | €101,399 | +€89,597 | +759% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €54 | €0 | -€54 | -100.0% |
| Recurring financial charges | 65 | €54 | €0 | -€54 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €11,748 | €101,399 | +€89,651 | +763% |
| Income taxes | 67/77 | €3,070 | €26,013 | +€22,944 | +747% |
| Profit (loss) for the period | 9904 | €8,679 | €75,386 | +€66,707 | +769% |
| Profit (loss) for the period to be appropriated | 9905 | €8,679 | €75,386 | +€66,707 | +769% |
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 15 October 2026 via checked.be.