EXCLUSIVA: 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.
EXCLUSIVA
Largest movements
- Receivables within one year -€2,059
down €2,059 (-42.9%), from €4,802 to €2,743
- Cash +€941
up €941 (+55.7%), from €1,692 to €2,633
mainly Net result for the year (+€2,773) and Receivables within one year (+€2,059)
- Other debts -€3,800
down €3,800 (-4.4%), from €86,593 to €82,793
- Profit (loss) carried forward +€2,773
up €2,773 (+2.7%), from -€102,641 to -€99,868
- Tax, wage and social debts -€91
down €91 (-2.3%), from €3,942 to €3,851
- Gross operating margin -€3,587
down €3,587 (-44.8%), from €8,014 to €4,427
- Taxes -€761
down €761 (-40.6%), from €1,875 to €1,114
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 | €6,493 | €5,376 | -€1,117 | -17.2% |
| Current assets | 29/58 | €6,493 | €5,376 | -€1,117 | -17.2% |
| Amounts receivable within one year | 40/41 | €4,802 | €2,743 | -€2,059 | -42.9% |
| Trade receivables | 40 | €4,802 | €2,743 | -€2,059 | -42.9% |
| Cash at bank and in hand | 54/58 | €1,692 | €2,633 | +€941 | +55.7% |
| Total equity and liabilities | 10/49 | €6,493 | €5,376 | -€1,117 | -17.2% |
| Equity | 10/15 | -€84,041 | -€81,268 | +€2,773 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,641 | -€99,868 | +€2,773 | +2.7% |
| Amounts payable | 17/49 | €90,535 | €86,644 | -€3,891 | -4.3% |
| Amounts payable within one year | 42/48 | €90,535 | €86,644 | -€3,891 | -4.3% |
| Taxes, remuneration and social security | 45 | €3,942 | €3,851 | -€91 | -2.3% |
| Taxes | 450/3 | €3,942 | €3,851 | -€91 | -2.3% |
| Other amounts payable | 47/48 | €86,593 | €82,793 | -€3,800 | -4.4% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €8,014 | €4,427 | -€3,587 | -44.8% |
| Operating profit (loss) | 9901 | €7,627 | €4,027 | -€3,600 | -47.2% |
| Financial charges | 65/66B | €135 | €140 | +€5 | +3.5% |
| Recurring financial charges | 65 | €135 | €140 | +€5 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €7,492 | €3,887 | -€3,605 | -48.1% |
| Income taxes | 67/77 | €1,875 | €1,114 | -€761 | -40.6% |
| Profit (loss) for the period | 9904 | €5,617 | €2,773 | -€2,844 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,617 | €2,773 | -€2,844 | -50.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.