Exeleon: 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.
Exeleon
Largest movements
- Receivables within one year +€412,180
up €412,180 (+227%), from €181,412 to €593,593
of which Trade receivables: +€335,170
- Other debts +€354,538
up €354,538 (+416%), from €85,273 to €439,811
- Trade debts +€128,753
up €128,753 (+68.9%), from €186,972 to €315,725
- Debts after one year -€75,658
down €75,658 (-100%), from €75,658 to €0
- Current portion of long-term debt -€74,540
down €74,540 (-49.6%), from €150,199 to €75,658
- Reserves +€61,744
up €61,744 (+7.5%), from €819,633 to €881,377
of which Distributable reserves: +€63,602
- Gross operating margin -€168,682
down €168,682 (-55.6%), from €303,498 to €134,815
- Taxes -€41,767
down €41,767 (-64.5%), from €64,801 to €23,034
- Financial charges -€4,967
down €4,967 (-67.1%), from €7,408 to €2,441
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.
Derived cash bridge
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 | €1,346,307 | €1,747,574 | +€401,267 | +29.8% |
| Fixed assets | 21/28 | €1,107,088 | €1,114,826 | +€7,738 | +0.7% |
| Tangible fixed assets | 22/27 | €16,987 | €9,725 | -€7,262 | -42.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €16,987 | €9,725 | -€7,262 | -42.7% |
| Financial fixed assets | 28 | €1,090,101 | €1,105,101 | +€15,000 | +1.4% |
| Current assets | 29/58 | €239,219 | €632,747 | +€393,529 | +165% |
| Amounts receivable within one year | 40/41 | €181,412 | €593,593 | +€412,180 | +227% |
| Trade receivables | 40 | €136,367 | €471,537 | +€335,170 | +246% |
| Other amounts receivable | 41 | €45,045 | €122,056 | +€77,010 | +171% |
| Cash at bank and in hand | 54/58 | €46,243 | €35,265 | -€10,978 | -23.7% |
| Deferred charges and accrued income | 490/1 | €11,563 | €3,890 | -€7,673 | -66.4% |
| Total equity and liabilities | 10/49 | €1,346,307 | €1,747,574 | +€401,267 | +29.8% |
| Equity | 10/15 | €838,217 | €899,961 | +€61,744 | +7.4% |
| Contributions | 10/11 | €18,584 | €18,584 | = | 0.0% |
| Reserves | 13 | €819,633 | €881,377 | +€61,744 | +7.5% |
| Non-distributable reserves | 130/1 | €1,858 | €0 | -€1,858 | -100% |
| Reserves not available under the articles | 1311 | €1,858 | €0 | -€1,858 | -100% |
| Distributable reserves | 133 | €817,775 | €881,377 | +€63,602 | +7.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €508,089 | €847,612 | +€339,523 | +66.8% |
| Amounts payable after more than one year | 17 | €75,658 | €0 | -€75,658 | -100% |
| Financial debts | 170/4 | €75,658 | €0 | -€75,658 | -100% |
| Amounts payable within one year | 42/48 | €426,239 | €845,162 | +€418,924 | +98.3% |
| Current portion of amounts payable after more than one year | 42 | €150,199 | €75,658 | -€74,540 | -49.6% |
| Trade debts | 44 | €186,972 | €315,725 | +€128,753 | +68.9% |
| Suppliers | 440/4 | €186,972 | €315,725 | +€128,753 | +68.9% |
| Taxes, remuneration and social security | 45 | €3,795 | €13,967 | +€10,173 | +268% |
| Taxes | 450/3 | - | €8,116 | +€8,116 | |
| Remuneration and social security | 454/9 | €3,795 | €5,852 | +€2,057 | +54.2% |
| Other amounts payable | 47/48 | €85,273 | €439,811 | +€354,538 | +416% |
| Accrued charges and deferred income | 492/3 | €6,192 | €2,450 | -€3,742 | -60.4% |
| Remuneration, social security and pensions | 62 | €39,859 | €37,614 | -€2,245 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,452 | €7,262 | +€2,810 | +63.1% |
| Other operating charges | 640/8 | €1,726 | €2,721 | +€995 | +57.7% |
| Gross operating margin | 9900 | €303,498 | €134,815 | -€168,682 | -55.6% |
| Operating profit (loss) | 9901 | €257,462 | €87,219 | -€170,243 | -66.1% |
| Financial income | 75/76B | €38 | €0 | -€38 | -100% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -100% |
| Financial charges | 65/66B | €7,408 | €2,441 | -€4,967 | -67.1% |
| Recurring financial charges | 65 | €7,408 | €2,441 | -€4,967 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €250,091 | €84,778 | -€165,313 | -66.1% |
| Income taxes | 67/77 | €64,801 | €23,034 | -€41,767 | -64.5% |
| Profit (loss) for the period | 9904 | €185,290 | €61,744 | -€123,546 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €185,290 | €61,744 | -€123,546 | -66.7% |
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 14 October 2026 via checked.be.