EXCONMA: 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.
What changed
EXCONMA
NACE 70.200, Business and other management consultancy
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,638
2023 · €45,608-€42,970
Equity
€77,124
2023 · €74,486+€2,638
Cash
€48
2023 · €101-€53
Balance sheet total
€527,946
2023 · €539,609-€11,663
Largest movements
Assets
- Tangible fixed assets -€19,279
down €19,279 (-5.3%), from €362,176 to €342,896
of which Land and buildings: -€14,801
- Receivables within one year +€7,669
up €7,669 (+28.1%), from €27,330 to €34,999
of which Other amounts receivable: +€8,669
Equity and liabilities
- Debts after one year -€26,675
down €26,675 (-7.2%), from €369,704 to €343,029
- Other debts +€10,089
up €10,089 (+38.7%), from €26,051 to €36,140
Income statement
- Gross operating margin -€59,065
down €59,065 (-62.6%), from €94,296 to €35,231
- Financial charges -€1,169
down €1,169 (-9.1%), from €12,792 to €11,623
From the 2023 result to the 2024 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.
Result 2023
€45,608
Gross operating margin
-€59,065
Depreciation
+€285
Other operating charges
-€709
Financial income
+€790
Financial charges
+€1,169
Taxes
+€407
Deferred taxes and other
+€14,154
Result 2024
€2,638
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€26,971
Investment
€0
Financing
-€27,024
Cash 2023
€101
From operations (derived)
+€26,971
Net result for the year
+€2,638
Depreciation
+€19,279
Receivables within one year
-€7,669
Provisions
-€1,002
Trade debts
+€5,354
Tax, wage and social debts
-€1,718
Other debts
+€10,089
Financing
-€27,024
Debts after one year
-€26,675
Current portion of long-term debt
-€1,277
Short-term financial debts
+€928
Cash 2024
€48
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,609 | €527,946 | -€11,663 | -2.2% |
| Fixed assets | 21/28 | €362,176 | €342,896 | -€19,279 | -5.3% |
| Tangible fixed assets | 22/27 | €362,176 | €342,896 | -€19,279 | -5.3% |
| Land and buildings | 22 | €352,946 | €338,145 | -€14,801 | -4.2% |
| Furniture and vehicles | 24 | €9,230 | €4,752 | -€4,478 | -48.5% |
| Current assets | 29/58 | €177,433 | €185,049 | +€7,616 | +4.3% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Trade receivables | 290 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,330 | €34,999 | +€7,669 | +28.1% |
| Trade receivables | 40 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Other amounts receivable | 41 | €22,330 | €30,999 | +€8,669 | +38.8% |
| Current investments | 50/53 | €2 | €2 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €101 | €48 | -€53 | -52.6% |
| Total equity and liabilities | 10/49 | €539,609 | €527,946 | -€11,663 | -2.2% |
| Equity | 10/15 | €74,486 | €77,124 | +€2,638 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,286 | €70,924 | +€2,638 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,456 | €36,451 | -€3,006 | -7.6% |
| Distributable reserves | 133 | €26,970 | €32,614 | +€5,644 | +20.9% |
| Provisions and deferred taxes | 16 | €13,152 | €12,150 | -€1,002 | -7.6% |
| Deferred taxes | 168 | €13,152 | €12,150 | -€1,002 | -7.6% |
| Amounts payable | 17/49 | €451,971 | €438,671 | -€13,299 | -2.9% |
| Amounts payable after more than one year | 17 | €369,704 | €343,029 | -€26,675 | -7.2% |
| Financial debts | 170/4 | €369,704 | €343,029 | -€26,675 | -7.2% |
| Amounts payable within one year | 42/48 | €81,057 | €94,432 | +€13,375 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €26,058 | €24,781 | -€1,277 | -4.9% |
| Financial debts | 43 | €751 | €1,679 | +€928 | +123.5% |
| Credit institutions | 430/8 | €751 | €1,679 | +€928 | +123.5% |
| Trade debts | 44 | €6,473 | €11,827 | +€5,354 | +82.7% |
| Suppliers | 440/4 | €6,473 | €11,827 | +€5,354 | +82.7% |
| Taxes, remuneration and social security | 45 | €21,724 | €20,006 | -€1,718 | -7.9% |
| Taxes | 450/3 | €21,724 | €20,006 | -€1,718 | -7.9% |
| Other amounts payable | 47/48 | €26,051 | €36,140 | +€10,089 | +38.7% |
| Accrued charges and deferred income | 492/3 | €1,210 | €1,210 | = | 0.0% |
| Non-recurring operating income | 76A | €58,259 | - | -€58,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,564 | €19,279 | -€285 | -1.5% |
| Other operating charges | 640/8 | €2,388 | €3,097 | +€709 | +29.7% |
| Gross operating margin | 9900 | €94,296 | €35,231 | -€59,065 | -62.6% |
| Operating profit (loss) | 9901 | €72,344 | €12,854 | -€59,489 | -82.2% |
| Financial income | 75/76B | €2,810 | €3,600 | +€790 | +28.1% |
| Recurring financial income | 75 | €2,810 | €3,600 | +€790 | +28.1% |
| Financial charges | 65/66B | €12,792 | €11,623 | -€1,169 | -9.1% |
| Recurring financial charges | 65 | €12,792 | €11,623 | -€1,169 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €62,362 | €4,832 | -€57,531 | -92.3% |
| Transfer from deferred taxes | 780 | €98 | €1,002 | +€904 | +923.4% |
| Transfer to deferred taxes | 680 | €13,250 | - | -€13,250 | |
| Income taxes | 67/77 | €3,602 | €3,195 | -€407 | -11.3% |
| Profit (loss) for the period | 9904 | €45,608 | €2,638 | -€42,970 | -94.2% |
| Transfer from tax-exempt reserves | 789 | €294 | €3,006 | +€2,712 | +923.3% |
| Transfer to tax-exempt reserves | 689 | €39,750 | - | -€39,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,152 | €5,644 | -€508 | -8.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.