ExelixIT: 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.
ExelixIT
Largest movements
- Receivables within one year +€24,871
up €24,871 (+34.5%), from €72,006 to €96,877
of which Trade receivables: +€24,594
- Cash -€17,603
down €17,603 (-19.6%), from €90,015 to €72,412
mainly Contributions, distributions and other (-€141,500) and Receivables within one year (-€24,871)
- Tangible fixed assets -€7,347
down €7,347 (-7.5%), from €98,213 to €90,866
of which Land and buildings: -€6,637
- Deferred charges and accrued income +€3,045
up €3,045 (+158%), from €1,927 to €4,972
- Other debts +€92,499
up €92,499 (+183%), from €50,531 to €143,030
- Profit (loss) carried forward -€81,192
down €81,192 (-56.9%), from €142,815 to €61,623
- Debts after one year -€5,902
down €5,902 (-18.7%), from €31,502 to €25,600
- Other operating charges +€5,827
up €5,827 (+431%), from €1,350 to €7,177
- Gross operating margin -€3,757
down €3,757 (-3.9%), from €97,566 to €93,810
- Financial income +€1,464
up €1,464 (+1,391%), from €105 to €1,569
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.
Derived cash bridge
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 | €265,211 | €268,177 | +€2,966 | +1.1% |
| Fixed assets | 21/28 | €101,263 | €93,916 | -€7,347 | -7.3% |
| Tangible fixed assets | 22/27 | €98,213 | €90,866 | -€7,347 | -7.5% |
| Land and buildings | 22 | €94,393 | €87,756 | -€6,637 | -7.0% |
| Furniture and vehicles | 24 | €3,014 | €2,552 | -€462 | -15.3% |
| Other tangible fixed assets | 26 | €806 | €558 | -€248 | -30.8% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €163,948 | €174,261 | +€10,313 | +6.3% |
| Amounts receivable within one year | 40/41 | €72,006 | €96,877 | +€24,871 | +34.5% |
| Trade receivables | 40 | €23,568 | €48,162 | +€24,594 | +104% |
| Other amounts receivable | 41 | €48,437 | €48,714 | +€277 | +0.6% |
| Cash at bank and in hand | 54/58 | €90,015 | €72,412 | -€17,603 | -19.6% |
| Deferred charges and accrued income | 490/1 | €1,927 | €4,972 | +€3,045 | +158% |
| Total equity and liabilities | 10/49 | €265,211 | €268,177 | +€2,966 | +1.1% |
| Equity | 10/15 | €162,935 | €81,743 | -€81,192 | -49.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,520 | €1,520 | = | 0.0% |
| Distributable reserves | 133 | €1,520 | €1,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,815 | €61,623 | -€81,192 | -56.9% |
| Amounts payable | 17/49 | €102,276 | €186,434 | +€84,158 | +82.3% |
| Amounts payable after more than one year | 17 | €31,502 | €25,600 | -€5,902 | -18.7% |
| Financial debts | 170/4 | €31,502 | €25,600 | -€5,902 | -18.7% |
| Amounts payable within one year | 42/48 | €70,774 | €160,834 | +€90,060 | +127% |
| Trade debts | 44 | €5,046 | €4,703 | -€342 | -6.8% |
| Suppliers | 440/4 | €5,046 | €4,703 | -€342 | -6.8% |
| Taxes, remuneration and social security | 45 | €15,198 | €13,101 | -€2,096 | -13.8% |
| Taxes | 450/3 | €15,198 | €13,101 | -€2,096 | -13.8% |
| Other amounts payable | 47/48 | €50,531 | €143,030 | +€92,499 | +183% |
| Remuneration, social security and pensions | 62 | €1,496 | €1,400 | -€96 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,432 | €8,059 | +€628 | +8.4% |
| Other operating charges | 640/8 | €1,350 | €7,177 | +€5,827 | +431% |
| Gross operating margin | 9900 | €97,566 | €93,810 | -€3,757 | -3.9% |
| Operating profit (loss) | 9901 | €87,288 | €77,173 | -€10,115 | -11.6% |
| Financial income | 75/76B | €105 | €1,569 | +€1,464 | +1,391% |
| Recurring financial income | 75 | €105 | €1,569 | +€1,464 | +1,391% |
| Financial charges | 65/66B | €1,112 | €1,311 | +€199 | +17.9% |
| Recurring financial charges | 65 | €1,112 | €1,311 | +€199 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €86,282 | €77,431 | -€8,850 | -10.3% |
| Income taxes | 67/77 | €17,920 | €17,123 | -€796 | -4.4% |
| Profit (loss) for the period | 9904 | €68,362 | €60,308 | -€8,054 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,362 | €60,308 | -€8,054 | -11.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.