EXELTA: 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.
EXELTA
Largest movements
- Current investments +€39,476
up €39,476 (+10.9%), from €360,524 to €400,000
- Cash +€29,694
up €29,694 (+100.5%), from €29,547 to €59,241
mainly Net result for the year (+€35,181) and Receivables within one year (+€25,270)
- Receivables within one year -€25,270
down €25,270 (-79.7%), from €31,694 to €6,424
of which Trade receivables: -€26,022
- Profit (loss) carried forward +€35,181
up €35,181 (+19.8%), from €177,671 to €212,853
- Other debts +€6,384
up €6,384 (+2.8%), from €231,165 to €237,549
- Gross operating margin +€16,864
up €16,864 (+76.8%), from €21,964 to €38,827
- Financial income +€7,398
up €7,398 (+506.4%), from €1,461 to €8,859
- Taxes +€4,785
up €4,785 (+74.3%), from €6,440 to €11,225
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 | €421,803 | €465,825 | +€44,022 | +10.4% |
| Fixed assets | 21/28 | €38 | €38 | = | 0.0% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €421,765 | €465,787 | +€44,022 | +10.4% |
| Amounts receivable within one year | 40/41 | €31,694 | €6,424 | -€25,270 | -79.7% |
| Trade receivables | 40 | €31,340 | €5,318 | -€26,022 | -83.0% |
| Other amounts receivable | 41 | €354 | €1,106 | +€752 | +212.8% |
| Current investments | 50/53 | €360,524 | €400,000 | +€39,476 | +10.9% |
| Cash at bank and in hand | 54/58 | €29,547 | €59,241 | +€29,694 | +100.5% |
| Deferred charges and accrued income | 490/1 | - | €121 | +€121 | |
| Total equity and liabilities | 10/49 | €421,803 | €465,825 | +€44,022 | +10.4% |
| Equity | 10/15 | €185,731 | €220,913 | +€35,181 | +18.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €177,671 | €212,853 | +€35,181 | +19.8% |
| Amounts payable | 17/49 | €236,072 | €244,912 | +€8,840 | +3.7% |
| Amounts payable within one year | 42/48 | €236,072 | €244,912 | +€8,840 | +3.7% |
| Trade debts | 44 | €3,905 | €2,993 | -€912 | -23.3% |
| Suppliers | 440/4 | €3,905 | €2,993 | -€912 | -23.3% |
| Taxes, remuneration and social security | 45 | €1,002 | €4,370 | +€3,368 | +336.2% |
| Taxes | 450/3 | €1,002 | €4,370 | +€3,368 | +336.2% |
| Other amounts payable | 47/48 | €231,165 | €237,549 | +€6,384 | +2.8% |
| Other operating charges | 640/8 | €705 | €846 | +€141 | +20.0% |
| Gross operating margin | 9900 | €21,964 | €38,827 | +€16,864 | +76.8% |
| Operating profit (loss) | 9901 | €21,259 | €37,981 | +€16,723 | +78.7% |
| Financial income | 75/76B | €1,461 | €8,859 | +€7,398 | +506.4% |
| Recurring financial income | 75 | €1,461 | €8,859 | +€7,398 | +506.4% |
| Financial charges | 65/66B | €358 | €433 | +€75 | +20.9% |
| Recurring financial charges | 65 | €358 | €433 | +€75 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €22,361 | €46,407 | +€24,045 | +107.5% |
| Income taxes | 67/77 | €6,440 | €11,225 | +€4,785 | +74.3% |
| Profit (loss) for the period | 9904 | €15,921 | €35,181 | +€19,261 | +121.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,921 | €35,181 | +€19,261 | +121.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.