EXELDOOR: 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.
EXELDOOR
Largest movements
- Stocks and contracts +€14,553
new in 2024: €14,553
- Tangible fixed assets -€7,004
down €7,004 (-22.9%), from €30,521 to €23,517
of which Leasing and similar rights: -€6,186
- Intangible fixed assets +€3,903
new in 2024: €3,903
- Receivables within one year -€3,411
down €3,411 (-4.7%), from €72,216 to €68,805
of which Other amounts receivable: -€3,090
- Profit (loss) carried forward +€19,260
up €19,260 (+189.9%), from €10,140 to €29,400
- Other debts -€11,042
down €11,042 (-95.6%), from €11,554 to €512
- Debts after one year -€5,685
down €5,685 (-25.1%), from €22,692 to €17,007
- Trade debts +€3,137
up €3,137 (+5.9%), from €52,920 to €56,057
- Tax, wage and social debts +€1,697
up €1,697 (+50.1%), from €3,386 to €5,083
- Staff costs -€30,547
down €30,547 (-79.3%), from €38,516 to €7,969
- Gross operating margin -€14,271
down €14,271 (-25.0%), from €57,164 to €42,893
- Depreciation +€3,965
up €3,965 (+103.8%), from €3,821 to €7,786
- Taxes +€1,697
up €1,697 (+50.1%), from €3,386 to €5,083
- Other operating charges +€858
up €858 (+576.9%), from €149 to €1,007
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,139 | €123,744 | +€8,605 | +7.5% |
| Formation expenses | 20 | €932 | €718 | -€214 | -23.0% |
| Fixed assets | 21/28 | €30,521 | €27,419 | -€3,101 | -10.2% |
| Intangible fixed assets | 21 | - | €3,903 | +€3,903 | |
| Tangible fixed assets | 22/27 | €30,521 | €23,517 | -€7,004 | -22.9% |
| Furniture and vehicles | 24 | €3,043 | €2,225 | -€818 | -26.9% |
| Leasing and similar rights | 25 | €27,478 | €21,291 | -€6,186 | -22.5% |
| Current assets | 29/58 | €83,686 | €95,607 | +€11,921 | +14.2% |
| Stocks and contracts in progress | 3 | - | €14,553 | +€14,553 | |
| Stocks | 30/36 | - | €14,553 | +€14,553 | |
| Amounts receivable within one year | 40/41 | €72,216 | €68,805 | -€3,411 | -4.7% |
| Trade receivables | 40 | €66,181 | €65,861 | -€320 | -0.5% |
| Other amounts receivable | 41 | €6,035 | €2,944 | -€3,090 | -51.2% |
| Cash at bank and in hand | 54/58 | €11,470 | €12,186 | +€716 | +6.2% |
| Deferred charges and accrued income | 490/1 | - | €62 | +€62 | |
| Total equity and liabilities | 10/49 | €115,139 | €123,744 | +€8,605 | +7.5% |
| Equity | 10/15 | €20,140 | €39,400 | +€19,260 | +95.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,140 | €29,400 | +€19,260 | +189.9% |
| Amounts payable | 17/49 | €94,999 | €84,344 | -€10,655 | -11.2% |
| Amounts payable after more than one year | 17 | €22,692 | €17,007 | -€5,685 | -25.1% |
| Financial debts | 170/4 | €22,692 | €17,007 | -€5,685 | -25.1% |
| Amounts payable within one year | 42/48 | €72,307 | €67,336 | -€4,970 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €4,447 | €5,685 | +€1,238 | +27.8% |
| Trade debts | 44 | €52,920 | €56,057 | +€3,137 | +5.9% |
| Suppliers | 440/4 | €52,920 | €56,057 | +€3,137 | +5.9% |
| Taxes, remuneration and social security | 45 | €3,386 | €5,083 | +€1,697 | +50.1% |
| Taxes | 450/3 | €3,386 | €5,083 | +€1,697 | +50.1% |
| Other amounts payable | 47/48 | €11,554 | €512 | -€11,042 | -95.6% |
| Remuneration, social security and pensions | 62 | €38,516 | €7,969 | -€30,547 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,821 | €7,786 | +€3,965 | +103.8% |
| Other operating charges | 640/8 | €149 | €1,007 | +€858 | +576.9% |
| Gross operating margin | 9900 | €57,164 | €42,893 | -€14,271 | -25.0% |
| Operating profit (loss) | 9901 | €14,679 | €26,131 | +€11,452 | +78.0% |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €1,168 | €1,789 | +€621 | +53.2% |
| Recurring financial charges | 65 | €1,168 | €1,789 | +€621 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €13,526 | €24,343 | +€10,817 | +80.0% |
| Income taxes | 67/77 | €3,386 | €5,083 | +€1,697 | +50.1% |
| Profit (loss) for the period | 9904 | €10,140 | €19,260 | +€9,120 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,140 | €19,260 | +€9,120 | +89.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.