EXEM: 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.
EXEM
Largest movements
- Tangible fixed assets -€1,294
down €1,294 (-6.4%), from €20,211 to €18,916
of which Other tangible fixed assets: -€1,294
- Profit (loss) carried forward -€2,581
down €2,581 (-19.2%), from -€13,417 to -€15,999
- Other debts +€1,480
up €1,480 (+80.5%), from €1,838 to €3,318
- Gross operating margin -€2,072
down €2,072 (-56.8%), from €3,645 to €1,573
- Depreciation -€295
down €295 (-18.6%), from €1,589 to €1,294
- Other operating charges -€60
down €60 (-2.1%), from €2,852 to €2,792
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 | €27,946 | €26,844 | -€1,101 | -3.9% |
| Fixed assets | 21/28 | €20,211 | €18,916 | -€1,294 | -6.4% |
| Tangible fixed assets | 22/27 | €20,211 | €18,916 | -€1,294 | -6.4% |
| Land and buildings | 22 | €14,715 | €14,715 | = | 0.0% |
| Other tangible fixed assets | 26 | €5,496 | €4,201 | -€1,294 | -23.5% |
| Current assets | 29/58 | €7,735 | €7,928 | +€193 | +2.5% |
| Amounts receivable within one year | 40/41 | €7,437 | €7,437 | = | 0.0% |
| Trade receivables | 40 | €3,690 | €3,690 | = | 0.0% |
| Other amounts receivable | 41 | €3,747 | €3,747 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €298 | €491 | +€193 | +64.7% |
| Total equity and liabilities | 10/49 | €27,946 | €26,844 | -€1,101 | -3.9% |
| Equity | 10/15 | €26,107 | €23,526 | -€2,581 | -9.9% |
| Contributions | 10/11 | €2,975 | €2,975 | = | 0.0% |
| Capital | 10 | €2,975 | €2,975 | = | 0.0% |
| Issued capital | 100 | €2,975 | €2,975 | = | 0.0% |
| Reserves | 13 | €36,550 | €36,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €297 | €297 | = | 0.0% |
| Legal reserve | 130 | €297 | €297 | = | 0.0% |
| Distributable reserves | 133 | €36,253 | €36,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,417 | -€15,999 | -€2,581 | -19.2% |
| Amounts payable | 17/49 | €1,838 | €3,318 | +€1,480 | +80.5% |
| Amounts payable within one year | 42/48 | €1,838 | €3,318 | +€1,480 | +80.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,838 | €3,318 | +€1,480 | +80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,589 | €1,294 | -€295 | -18.6% |
| Other operating charges | 640/8 | €2,852 | €2,792 | -€60 | -2.1% |
| Gross operating margin | 9900 | €3,645 | €1,573 | -€2,072 | -56.8% |
| Operating profit (loss) | 9901 | -€796 | -€2,512 | -€1,717 | -215.7% |
| Financial charges | 65/66B | €69 | €69 | = | 0.0% |
| Recurring financial charges | 65 | €69 | €69 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€865 | -€2,581 | -€1,717 | -198.5% |
| Profit (loss) for the period | 9904 | -€865 | -€2,581 | -€1,717 | -198.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€865 | -€2,581 | -€1,717 | -198.5% |
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 4 October 2026 via checked.be.