EXEGO: 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.
EXEGO
Largest movements
- Cash -€6,418
down €6,418 (-36.9%), from €17,409 to €10,991
mainly Net result for the year (-€14,261) and Tax, wage and social debts (-€725)
- Receivables within one year -€2,484
down €2,484 (-49.7%), from €5,000 to €2,516
of which Trade receivables: -€5,000
- Intangible fixed assets -€1,881
no longer reported in 2025 (was €1,881)
- Profit (loss) carried forward -€14,261
down €14,261, from €1,465 to -€12,796
- Trade debts +€4,202
new in 2025: €4,202
- Tax, wage and social debts -€725
no longer reported in 2025 (was €725)
- Gross operating margin -€13,806
down €13,806, from €2,959 to -€10,848
- Other operating charges +€1,121
new in 2025: €1,121
- Depreciation -€519
down €519 (-21.6%), from €2,400 to €1,881
- Financial charges +€191
up €191 (+87.0%), from €220 to €411
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 | €46,837 | €36,054 | -€10,783 | -23.0% |
| Fixed assets | 21/28 | €2,471 | €590 | -€1,881 | -76.1% |
| Intangible fixed assets | 21 | €1,881 | - | -€1,881 | |
| Financial fixed assets | 28 | €590 | €590 | = | 0.0% |
| Current assets | 29/58 | €44,366 | €35,464 | -€8,902 | -20.1% |
| Stocks and contracts in progress | 3 | €21,957 | €21,957 | = | 0.0% |
| Stocks | 30/36 | €21,957 | €21,957 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €2,516 | -€2,484 | -49.7% |
| Trade receivables | 40 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 41 | - | €2,516 | +€2,516 | |
| Cash at bank and in hand | 54/58 | €17,409 | €10,991 | -€6,418 | -36.9% |
| Total equity and liabilities | 10/49 | €46,837 | €36,054 | -€10,783 | -23.0% |
| Equity | 10/15 | €21,875 | €7,615 | -€14,261 | -65.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,465 | -€12,796 | -€14,261 | |
| Amounts payable | 17/49 | €24,962 | €28,439 | +€3,478 | +13.9% |
| Amounts payable within one year | 42/48 | €24,962 | €28,439 | +€3,478 | +13.9% |
| Trade debts | 44 | - | €4,202 | +€4,202 | |
| Suppliers | 440/4 | - | €4,202 | +€4,202 | |
| Taxes, remuneration and social security | 45 | €725 | - | -€725 | |
| Taxes | 450/3 | €725 | - | -€725 | |
| Other amounts payable | 47/48 | €24,237 | €24,237 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €1,881 | -€519 | -21.6% |
| Other operating charges | 640/8 | - | €1,121 | +€1,121 | |
| Gross operating margin | 9900 | €2,959 | -€10,848 | -€13,806 | |
| Operating profit (loss) | 9901 | €559 | -€13,849 | -€14,409 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €220 | €411 | +€191 | +87.0% |
| Recurring financial charges | 65 | €220 | €411 | +€191 | +87.0% |
| Profit (loss) for the period before taxes | 9903 | €340 | -€14,261 | -€14,601 | |
| Profit (loss) for the period | 9904 | €340 | -€14,261 | -€14,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €340 | -€14,261 | -€14,601 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.