EXENTO: 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.
EXENTO
Largest movements
- Stocks and contracts -€186,994
down €186,994 (-100.0%), from €186,994 to €0
- Receivables within one year -€43,829
down €43,829 (-53.1%), from €82,585 to €38,755
of which Trade receivables: -€30,979
- Cash -€39,554
down €39,554 (-81.4%), from €48,619 to €9,065
mainly Net result for the year (-€140,855) and Trade debts (-€112,389)
- Deferred charges and accrued income -€4,012
down €4,012 (-61.1%), from €6,568 to €2,556
- Profit (loss) carried forward -€140,855
down €140,855 (-155.3%), from -€90,673 to -€231,529
- Trade debts -€112,389
down €112,389 (-31.3%), from €359,182 to €246,792
- Tax, wage and social debts -€21,475
down €21,475 (-54.5%), from €39,393 to €17,918
of which Remuneration and social security: -€18,904
- Financial income -€909,285
down €909,285 (-99.8%), from €911,014 to €1,729
of which Non-recurring financial income: -€909,228
- Staff costs -€343,356
down €343,356 (-76.3%), from €450,202 to €106,846
- Financial charges -€176,779
down €176,779 (-96.6%), from €182,945 to €6,166
of which Non-recurring financial charges: -€176,099
- Gross operating margin -€143,929
down €143,929, from €107,352 to -€36,576
- Write-downs -€54,123
down €54,123, from €45,017 to -€9,106
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 | €324,890 | €50,376 | -€274,514 | -84.5% |
| Fixed assets | 21/28 | €125 | €0 | -€125 | -100.0% |
| Tangible fixed assets | 22/27 | €125 | €0 | -€125 | -100.0% |
| Furniture and vehicles | 24 | €125 | €0 | -€125 | -100.0% |
| Current assets | 29/58 | €324,765 | €50,376 | -€274,389 | -84.5% |
| Stocks and contracts in progress | 3 | €186,994 | €0 | -€186,994 | -100.0% |
| Stocks | 30/36 | €186,994 | €0 | -€186,994 | -100.0% |
| Amounts receivable within one year | 40/41 | €82,585 | €38,755 | -€43,829 | -53.1% |
| Trade receivables | 40 | €51,563 | €20,584 | -€30,979 | -60.1% |
| Other amounts receivable | 41 | €31,022 | €18,172 | -€12,850 | -41.4% |
| Cash at bank and in hand | 54/58 | €48,619 | €9,065 | -€39,554 | -81.4% |
| Deferred charges and accrued income | 490/1 | €6,568 | €2,556 | -€4,012 | -61.1% |
| Total equity and liabilities | 10/49 | €324,890 | €50,376 | -€274,514 | -84.5% |
| Equity | 10/15 | -€76,413 | -€217,269 | -€140,855 | -184.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,673 | -€231,529 | -€140,855 | -155.3% |
| Amounts payable | 17/49 | €401,304 | €267,645 | -€133,659 | -33.3% |
| Amounts payable within one year | 42/48 | €401,304 | €267,645 | -€133,659 | -33.3% |
| Trade debts | 44 | €359,182 | €246,792 | -€112,389 | -31.3% |
| Suppliers | 440/4 | €359,182 | €246,792 | -€112,389 | -31.3% |
| Taxes, remuneration and social security | 45 | €39,393 | €17,918 | -€21,475 | -54.5% |
| Taxes | 450/3 | €7,229 | €4,658 | -€2,570 | -35.6% |
| Remuneration and social security | 454/9 | €32,164 | €13,260 | -€18,904 | -58.8% |
| Other amounts payable | 47/48 | €2,729 | €2,934 | +€205 | +7.5% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | €450,202 | €106,846 | -€343,356 | -76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,201 | €125 | -€14,076 | -99.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €45,017 | -€9,106 | -€54,123 | |
| Other operating charges | 640/8 | €4,095 | €1,897 | -€2,198 | -53.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €107,352 | -€36,576 | -€143,929 | |
| Operating profit (loss) | 9901 | -€406,163 | -€136,339 | +€269,824 | +66.4% |
| Financial income | 75/76B | €911,014 | €1,729 | -€909,285 | -99.8% |
| Recurring financial income | 75 | €62 | €4 | -€57 | -92.8% |
| Non-recurring financial income | 76B | €910,953 | €1,725 | -€909,228 | -99.8% |
| Financial charges | 65/66B | €182,945 | €6,166 | -€176,779 | -96.6% |
| Recurring financial charges | 65 | €1,460 | €779 | -€681 | -46.6% |
| Non-recurring financial charges | 66B | €181,486 | €5,387 | -€176,099 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €321,906 | -€140,775 | -€462,682 | |
| Income taxes | 67/77 | €353 | €80 | -€273 | -77.4% |
| Profit (loss) for the period | 9904 | €321,554 | -€140,855 | -€462,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €321,554 | -€140,855 | -€462,409 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.