EXEC International: 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.
EXEC International
Largest movements
- Current investments -€38,342
no longer reported in 2025 (was €38,342)
- Cash +€38,098
new in 2025: €38,098
mainly Current investments (+€38,342) and Receivables within one year (+€2,016)
- Receivables within one year -€2,016
down €2,016 (-47.3%), from €4,266 to €2,250
of which Trade receivables: -€2,000
- Profit (loss) carried forward -€2,291
down €2,291 (-8.0%), from -€28,687 to -€30,978
- Purchases and services -€6,007
no longer reported in 2025 (was €6,007)
- Gross operating margin +€2,167
up €2,167 (+57.2%), from -€3,791 to -€1,624
- Turnover -€2,000
no longer reported in 2025 (was €2,000)
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 | €42,608 | €40,348 | -€2,261 | -5.3% |
| Current assets | 29/58 | €42,608 | €40,348 | -€2,261 | -5.3% |
| Amounts receivable within one year | 40/41 | €4,266 | €2,250 | -€2,016 | -47.3% |
| Trade receivables | 40 | €4,250 | €2,250 | -€2,000 | -47.1% |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Current investments | 50/53 | €38,342 | - | -€38,342 | |
| Cash at bank and in hand | 54/58 | - | €38,098 | +€38,098 | |
| Total equity and liabilities | 10/49 | €42,608 | €40,348 | -€2,261 | -5.3% |
| Equity | 10/15 | €42,607 | €40,316 | -€2,291 | -5.4% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | €62,100 | = | 0.0% |
| Issued capital | 100 | €62,100 | €62,100 | = | 0.0% |
| Reserves | 13 | €9,194 | €9,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,823 | €3,823 | = | 0.0% |
| Legal reserve | 130 | €3,823 | €3,823 | = | 0.0% |
| Distributable reserves | 133 | €5,371 | €5,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,687 | -€30,978 | -€2,291 | -8.0% |
| Amounts payable | 17/49 | €1 | €32 | +€30 | +2210.9% |
| Amounts payable within one year | 42/48 | €1 | €32 | +€30 | +2210.9% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | - | €32 | +€32 | |
| Turnover | 70 | €2,000 | - | -€2,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,007 | - | -€6,007 | |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€3,791 | -€1,624 | +€2,167 | +57.2% |
| Operating profit (loss) | 9901 | -€4,326 | -€2,174 | +€2,152 | +49.8% |
| Financial charges | 65/66B | €121 | €117 | -€3 | -2.6% |
| Recurring financial charges | 65 | €121 | €117 | -€3 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,446 | -€2,291 | +€2,155 | +48.5% |
| Profit (loss) for the period | 9904 | -€4,446 | -€2,291 | +€2,155 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,446 | -€2,291 | +€2,155 | +48.5% |
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 28 September 2026 via checked.be.