Exert: 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.
What changed
Exert
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€93,336
2024 · €81,325+€12,011
Equity
€484,333
2024 · €390,997+€93,336
Cash
€14,731
2024 · €14,599+€132
Balance sheet total
€817,430
2024 · €871,681-€54,251
Largest movements
Assets
- Receivables within one year -€54,567
down €54,567 (-6.8%), from €805,873 to €751,306
of which Other amounts receivable: -€43,274
Equity and liabilities
- Trade debts -€155,592
down €155,592 (-58.5%), from €265,828 to €110,236
- Reserves +€94,000
up €94,000 (+32.4%), from €290,000 to €384,000
of which Distributable reserves: +€94,000
Income statement
- Purchases and services -€131,879
down €131,879 (-16.4%), from €803,918 to €672,039
- Gross operating margin +€88,363
up €88,363 (+5.9%), from €1.5m to €1.6m
- Staff costs +€58,004
up €58,004 (+4.3%), from €1.3m to €1.4m
- Turnover -€41,084
down €41,084 (-1.8%), from €2.3m to €2.2m
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.
Result 2024
€81,325
Gross operating margin
+€88,363
Staff costs
-€58,004
Depreciation
-€591
Write-downs
-€292
Other operating charges
+€1,820
Other operating items
-€4,778
Financial income
-€2,703
Financial charges
-€1,956
Taxes
-€9,848
Result 2025
€93,336
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5,916
Investment
-€5,784
Financing
€0
Cash 2024
€14,599
From operations (derived)
+€5,916
Net result for the year
+€93,336
Depreciation
+€8,312
Receivables within one year
+€54,567
Deferred charges and accrued income
-€2,712
Provisions
+€292
Trade debts
-€155,592
Tax, wage and social debts
+€7,714
Investment (derived)
-€5,784
Investment in fixed assets (net)
-€5,784
Cash 2025
€14,731
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €871,681 | €817,430 | -€54,251 | -6.2% |
| Fixed assets | 21/28 | €14,049 | €11,520 | -€2,529 | -18.0% |
| Tangible fixed assets | 22/27 | €14,049 | €11,520 | -€2,529 | -18.0% |
| Plant, machinery and equipment | 23 | €14,049 | €10,551 | -€3,498 | -24.9% |
| Other tangible fixed assets | 26 | - | €969 | +€969 | |
| Current assets | 29/58 | €857,632 | €805,910 | -€51,722 | -6.0% |
| Amounts receivable within one year | 40/41 | €805,873 | €751,306 | -€54,567 | -6.8% |
| Trade receivables | 40 | €395,430 | €384,137 | -€11,292 | -2.9% |
| Other amounts receivable | 41 | €410,443 | €367,168 | -€43,274 | -10.5% |
| Cash at bank and in hand | 54/58 | €14,599 | €14,731 | +€132 | +0.9% |
| Deferred charges and accrued income | 490/1 | €37,161 | €39,873 | +€2,712 | +7.3% |
| Total equity and liabilities | 10/49 | €871,681 | €817,430 | -€54,251 | -6.2% |
| Equity | 10/15 | €390,997 | €484,333 | +€93,336 | +23.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €290,000 | €384,000 | +€94,000 | +32.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €280,000 | €374,000 | +€94,000 | +33.6% |
| Profit (loss) carried forward | 14 | €997 | €333 | -€664 | -66.6% |
| Provisions and deferred taxes | 16 | - | €292 | +€292 | |
| Provisions for liabilities and charges | 160/5 | - | €292 | +€292 | |
| Pensions and similar obligations | 160 | - | €292 | +€292 | |
| Amounts payable | 17/49 | €480,684 | €332,805 | -€147,879 | -30.8% |
| Amounts payable within one year | 42/48 | €480,684 | €332,805 | -€147,879 | -30.8% |
| Trade debts | 44 | €265,828 | €110,236 | -€155,592 | -58.5% |
| Suppliers | 440/4 | €265,828 | €110,236 | -€155,592 | -58.5% |
| Taxes, remuneration and social security | 45 | €214,856 | €222,570 | +€7,714 | +3.6% |
| Taxes | 450/3 | €77,721 | €87,651 | +€9,930 | +12.8% |
| Remuneration and social security | 454/9 | €137,135 | €134,919 | -€2,216 | -1.6% |
| Turnover | 70 | €2,257,536 | €2,216,452 | -€41,084 | -1.8% |
| Non-recurring operating income | 76A | - | €275 | +€275 | |
| Goods, raw materials, services and sundry goods | 60/61 | €803,918 | €672,039 | -€131,879 | -16.4% |
| Remuneration, social security and pensions | 62 | €1,334,669 | €1,392,674 | +€58,004 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,721 | €8,312 | +€591 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €292 | +€292 | |
| Other operating charges | 640/8 | €8,204 | €6,384 | -€1,820 | -22.2% |
| Non-recurring operating charges | 66A | - | €4,778 | +€4,778 | |
| Gross operating margin | 9900 | €1,497,551 | €1,585,913 | +€88,363 | +5.9% |
| Operating profit (loss) | 9901 | €146,956 | €173,474 | +€26,518 | +18.0% |
| Financial income | 75/76B | €8,348 | €5,645 | -€2,703 | -32.4% |
| Recurring financial income | 75 | €7,465 | €5,645 | -€1,820 | -24.4% |
| Non-recurring financial income | 76B | €883 | - | -€883 | |
| Financial charges | 65/66B | €27,369 | €29,325 | +€1,956 | +7.1% |
| Recurring financial charges | 65 | €27,369 | €29,325 | +€1,956 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €127,935 | €149,794 | +€21,859 | +17.1% |
| Income taxes | 67/77 | €46,610 | €56,458 | +€9,848 | +21.1% |
| Profit (loss) for the period | 9904 | €81,325 | €93,336 | +€12,011 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,325 | €93,336 | +€12,011 | +14.8% |
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 14 October 2026 via checked.be.