EXCLUSIVE COSMETICS: 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.
EXCLUSIVE COSMETICS
Largest movements
- Stocks and contracts -€546,917
down €546,917 (-35.1%), from €1.6m to €1.0m
- Receivables within one year -€500,492
down €500,492 (-57.0%), from €877,610 to €377,119
of which Other amounts receivable: -€551,505
- Tangible fixed assets +€128,122
up €128,122 (+76.0%), from €168,605 to €296,728
of which Furniture and vehicles: +€130,226
- Cash -€32,968
down €32,968 (-7.2%), from €456,265 to €423,297
mainly Trade debts (-€867,217) and Investment in fixed assets (net) (-€200,055)
- Trade debts -€867,217
down €867,217 (-51.2%), from €1.7m to €827,754
- Tax, wage and social debts -€162,018
down €162,018 (-71.4%), from €226,948 to €64,929
of which Taxes: -€175,521
- Reserves +€61,808
up €61,808 (+5.1%), from €1.2m to €1.3m
- Gross operating margin -€124,583
down €124,583 (-14.8%), from €842,281 to €717,699
- Staff costs +€121,602
up €121,602 (+58.5%), from €208,027 to €329,630
- Taxes -€95,212
down €95,212 (-48.5%), from €196,211 to €100,999
- Other operating charges -€23,716
down €23,716 (-90.5%), from €26,213 to €2,497
- Depreciation +€13,332
up €13,332 (+25.1%), from €53,152 to €66,483
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 | €3,137,839 | €2,179,549 | -€958,290 | -30.5% |
| Fixed assets | 21/28 | €168,605 | €302,177 | +€133,571 | +79.2% |
| Intangible fixed assets | 21 | - | €5,449 | +€5,449 | |
| Tangible fixed assets | 22/27 | €168,605 | €296,728 | +€128,122 | +76.0% |
| Plant, machinery and equipment | 23 | €6,310 | €4,207 | -€2,103 | -33.3% |
| Furniture and vehicles | 24 | €162,295 | €292,521 | +€130,226 | +80.2% |
| Current assets | 29/58 | €2,969,233 | €1,877,372 | -€1.1m | -36.8% |
| Stocks and contracts in progress | 3 | €1,559,345 | €1,012,429 | -€546,917 | -35.1% |
| Stocks | 30/36 | €1,559,345 | €1,012,429 | -€546,917 | -35.1% |
| Amounts receivable within one year | 40/41 | €877,610 | €377,119 | -€500,492 | -57.0% |
| Trade receivables | 40 | €250,767 | €301,780 | +€51,013 | +20.3% |
| Other amounts receivable | 41 | €626,843 | €75,338 | -€551,505 | -88.0% |
| Cash at bank and in hand | 54/58 | €456,265 | €423,297 | -€32,968 | -7.2% |
| Deferred charges and accrued income | 490/1 | €76,013 | €64,528 | -€11,485 | -15.1% |
| Total equity and liabilities | 10/49 | €3,137,839 | €2,179,549 | -€958,290 | -30.5% |
| Equity | 10/15 | €1,213,857 | €1,281,865 | +€68,008 | +5.6% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,201,457 | €1,263,265 | +€61,808 | +5.1% |
| Distributable reserves | 133 | €1,201,457 | €1,263,265 | +€61,808 | +5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,923,981 | €897,684 | -€1.0m | -53.3% |
| Amounts payable within one year | 42/48 | €1,923,981 | €892,684 | -€1.0m | -53.6% |
| Trade debts | 44 | €1,694,971 | €827,754 | -€867,217 | -51.2% |
| Suppliers | 440/4 | €1,694,971 | €827,754 | -€867,217 | -51.2% |
| Taxes, remuneration and social security | 45 | €226,948 | €64,929 | -€162,018 | -71.4% |
| Taxes | 450/3 | €202,973 | €27,452 | -€175,521 | -86.5% |
| Remuneration and social security | 454/9 | €23,974 | €37,477 | +€13,503 | +56.3% |
| Other amounts payable | 47/48 | €2,063 | €0 | -€2,063 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €5,000 | +€5,000 | |
| Non-recurring operating income | 76A | - | €48,228 | +€48,228 | |
| Remuneration, social security and pensions | 62 | €208,027 | €329,630 | +€121,602 | +58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,152 | €66,483 | +€13,332 | +25.1% |
| Other operating charges | 640/8 | €26,213 | €2,497 | -€23,716 | -90.5% |
| Non-recurring operating charges | 66A | €34,829 | €0 | -€34,829 | -100% |
| Gross operating margin | 9900 | €842,281 | €717,699 | -€124,583 | -14.8% |
| Operating profit (loss) | 9901 | €520,060 | €319,089 | -€200,972 | -38.6% |
| Financial income | 75/76B | €2,294 | €154 | -€2,140 | -93.3% |
| Recurring financial income | 75 | €2,294 | €154 | -€2,140 | -93.3% |
| Financial charges | 65/66B | €894 | €5,429 | +€4,535 | +507% |
| Recurring financial charges | 65 | €894 | €5,429 | +€4,535 | +507% |
| Profit (loss) for the period before taxes | 9903 | €521,460 | €313,813 | -€207,647 | -39.8% |
| Income taxes | 67/77 | €196,211 | €100,999 | -€95,212 | -48.5% |
| Profit (loss) for the period | 9904 | €325,250 | €212,814 | -€112,436 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €325,250 | €212,814 | -€112,436 | -34.6% |
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.