EXECUTAS: 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.
EXECUTAS
Largest movements
- Cash +€16,946
up €16,946 (+5793.5%), from €293 to €17,238
mainly Net result for the year (+€18,696) and Depreciation (+€7,705)
- Profit (loss) carried forward +€18,696
up €18,696 (+57.2%), from -€32,675 to -€13,979
- Debts after one year -€4,000
down €4,000 (-1.6%), from €250,510 to €246,510
- Gross operating margin +€16,208
up €16,208 (+98.6%), from €16,430 to €32,638
- Other operating charges +€5,720
new in 2025: €5,720
- Depreciation +€1,340
up €1,340 (+21.0%), from €6,365 to €7,705
- Financial charges +€477
up €477 (+1224.3%), from €39 to €516
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 | €218,834 | €233,531 | +€14,696 | +6.7% |
| Fixed assets | 21/28 | €218,542 | €216,292 | -€2,250 | -1.0% |
| Tangible fixed assets | 22/27 | €218,542 | €216,292 | -€2,250 | -1.0% |
| Land and buildings | 22 | €201,081 | €195,354 | -€5,728 | -2.8% |
| Plant, machinery and equipment | 23 | €17,461 | €20,939 | +€3,478 | +19.9% |
| Current assets | 29/58 | €293 | €17,238 | +€16,946 | +5793.5% |
| Cash at bank and in hand | 54/58 | €293 | €17,238 | +€16,946 | +5793.5% |
| Total equity and liabilities | 10/49 | €218,834 | €233,531 | +€14,696 | +6.7% |
| Equity | 10/15 | -€31,675 | -€12,979 | +€18,696 | +59.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,675 | -€13,979 | +€18,696 | +57.2% |
| Amounts payable | 17/49 | €250,510 | €246,510 | -€4,000 | -1.6% |
| Amounts payable after more than one year | 17 | €250,510 | €246,510 | -€4,000 | -1.6% |
| Financial debts | 170/4 | €250,510 | €246,510 | -€4,000 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,365 | €7,705 | +€1,340 | +21.0% |
| Other operating charges | 640/8 | - | €5,720 | +€5,720 | |
| Gross operating margin | 9900 | €16,430 | €32,638 | +€16,208 | +98.6% |
| Operating profit (loss) | 9901 | €10,065 | €19,213 | +€9,148 | +90.9% |
| Financial charges | 65/66B | €39 | €516 | +€477 | +1224.3% |
| Recurring financial charges | 65 | €39 | €516 | +€477 | +1224.3% |
| Profit (loss) for the period before taxes | 9903 | €10,026 | €18,696 | +€8,670 | +86.5% |
| Profit (loss) for the period | 9904 | €10,026 | €18,696 | +€8,670 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,026 | €18,696 | +€8,670 | +86.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.