EXELIUS: 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.
EXELIUS
Largest movements
- Receivables within one year -€249,506
down €249,506 (-62.0%), from €402,332 to €152,826
of which Other amounts receivable: -€266,245
- Intangible fixed assets -€25,259
down €25,259 (-33.4%), from €75,666 to €50,407
- Tangible fixed assets -€23,873
down €23,873 (-68.3%), from €34,957 to €11,083
- Other debts -€297,326
down €297,326 (-90.2%), from €329,700 to €32,374
- Tax, wage and social debts +€17,359
up €17,359 (+72.0%), from €24,100 to €41,458
of which Taxes: +€17,848
- Current portion of long-term debt -€15,981
down €15,981 (-55.9%), from €28,582 to €12,601
- Profit (loss) carried forward +€15,003
up €15,003 (+56.3%), from -€26,654 to -€11,651
- Reserves -€15,000
down €15,000 (-5.9%), from €253,360 to €238,360
of which Distributable reserves: -€15,000
- Gross operating margin +€42,990
up €42,990 (+44.1%), from €97,374 to €140,364
- Taxes +€10,320
up €10,320 (+1520.0%), from €679 to €10,999
- Depreciation -€5,072
down €5,072 (-9.4%), from €54,205 to €49,133
- Staff costs +€3,145
up €3,145 (+5.2%), from €60,025 to €63,170
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 | €648,972 | €349,364 | -€299,608 | -46.2% |
| Fixed assets | 21/28 | €110,623 | €61,490 | -€49,133 | -44.4% |
| Intangible fixed assets | 21 | €75,666 | €50,407 | -€25,259 | -33.4% |
| Tangible fixed assets | 22/27 | €34,957 | €11,083 | -€23,873 | -68.3% |
| Furniture and vehicles | 24 | €34,957 | €11,083 | -€23,873 | -68.3% |
| Current assets | 29/58 | €538,349 | €287,874 | -€250,476 | -46.5% |
| Amounts receivable within one year | 40/41 | €402,332 | €152,826 | -€249,506 | -62.0% |
| Trade receivables | 40 | €136,087 | €152,826 | +€16,739 | +12.3% |
| Other amounts receivable | 41 | €266,245 | - | -€266,245 | |
| Current investments | 50/53 | €36,000 | €36,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €89,693 | €90,341 | +€648 | +0.7% |
| Deferred charges and accrued income | 490/1 | €10,324 | €8,706 | -€1,618 | -15.7% |
| Total equity and liabilities | 10/49 | €648,972 | €349,364 | -€299,608 | -46.2% |
| Equity | 10/15 | €245,306 | €245,309 | +€3 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,360 | €238,360 | -€15,000 | -5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €251,500 | €236,500 | -€15,000 | -6.0% |
| Profit (loss) carried forward | 14 | -€26,654 | -€11,651 | +€15,003 | +56.3% |
| Amounts payable | 17/49 | €403,666 | €104,055 | -€299,611 | -74.2% |
| Amounts payable after more than one year | 17 | €10,894 | - | -€10,894 | |
| Financial debts | 170/4 | €10,894 | - | -€10,894 | |
| Amounts payable within one year | 42/48 | €392,772 | €101,899 | -€290,874 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €28,582 | €12,601 | -€15,981 | -55.9% |
| Trade debts | 44 | €10,390 | €15,465 | +€5,075 | +48.8% |
| Suppliers | 440/4 | €10,390 | €15,465 | +€5,075 | +48.8% |
| Taxes, remuneration and social security | 45 | €24,100 | €41,458 | +€17,359 | +72.0% |
| Taxes | 450/3 | €17,090 | €34,938 | +€17,848 | +104.4% |
| Remuneration and social security | 454/9 | €7,010 | €6,520 | -€489 | -7.0% |
| Other amounts payable | 47/48 | €329,700 | €32,374 | -€297,326 | -90.2% |
| Accrued charges and deferred income | 492/3 | - | €2,156 | +€2,156 | |
| Remuneration, social security and pensions | 62 | €60,025 | €63,170 | +€3,145 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,205 | €49,133 | -€5,072 | -9.4% |
| Other operating charges | 640/8 | €1,794 | €1,863 | +€69 | +3.9% |
| Gross operating margin | 9900 | €97,374 | €140,364 | +€42,990 | +44.1% |
| Operating profit (loss) | 9901 | -€18,649 | €26,198 | +€44,847 | |
| Financial income | 75/76B | €757 | €740 | -€18 | -2.3% |
| Recurring financial income | 75 | €757 | €740 | -€18 | -2.3% |
| Financial charges | 65/66B | €1,724 | €936 | -€788 | -45.7% |
| Recurring financial charges | 65 | €1,724 | €936 | -€788 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,616 | €26,002 | +€45,618 | |
| Income taxes | 67/77 | €679 | €10,999 | +€10,320 | +1520.0% |
| Profit (loss) for the period | 9904 | -€20,295 | €15,003 | +€35,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,295 | €15,003 | +€35,298 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.