EXGESTIM: 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.
EXGESTIM
Largest movements
- Cash +€26,311
up €26,311 (+12.4%), from €212,880 to €239,191
mainly Net result for the year (+€34,506) and Other debts (+€7,000)
- Reserves +€34,506
up €34,506 (+41.0%), from €84,193 to €118,699
of which Distributable reserves: +€34,506
- Profit (loss) carried forward -€10,000
down €10,000 (-7.3%), from €136,718 to €126,718
- Other debts +€7,000
up €7,000 (+93.4%), from €7,497 to €14,497
- Tax, wage and social debts -€4,556
down €4,556 (-60.3%), from €7,556 to €3,000
- Taxes -€10,609
down €10,609 (-57.0%), from €18,614 to €8,005
- Financial income +€3,139
up €3,139 (+77.3%), from €4,061 to €7,200
- Gross operating margin -€1,946
down €1,946 (-5.1%), from €37,988 to €36,041
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 | €254,782 | €281,675 | +€26,893 | +10.6% |
| Fixed assets | 21/28 | €38,298 | €38,298 | = | 0.0% |
| Tangible fixed assets | 22/27 | €38,298 | €38,298 | = | 0.0% |
| Land and buildings | 22 | €38,298 | €38,298 | = | 0.0% |
| Current assets | 29/58 | €216,485 | €243,377 | +€26,893 | +12.4% |
| Amounts receivable within one year | 40/41 | €3,605 | €4,186 | +€582 | +16.1% |
| Other amounts receivable | 41 | €3,605 | €4,186 | +€582 | +16.1% |
| Cash at bank and in hand | 54/58 | €212,880 | €239,191 | +€26,311 | +12.4% |
| Total equity and liabilities | 10/49 | €254,782 | €281,675 | +€26,893 | +10.6% |
| Equity | 10/15 | €239,503 | €264,009 | +€24,506 | +10.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €84,193 | €118,699 | +€34,506 | +41.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €82,334 | €116,840 | +€34,506 | +41.9% |
| Profit (loss) carried forward | 14 | €136,718 | €126,718 | -€10,000 | -7.3% |
| Amounts payable | 17/49 | €15,279 | €17,666 | +€2,387 | +15.6% |
| Amounts payable within one year | 42/48 | €15,279 | €17,666 | +€2,387 | +15.6% |
| Trade debts | 44 | €226 | €168 | -€58 | -25.5% |
| Suppliers | 440/4 | €226 | €168 | -€58 | -25.5% |
| Taxes, remuneration and social security | 45 | €7,556 | €3,000 | -€4,556 | -60.3% |
| Taxes | 450/3 | €7,556 | €3,000 | -€4,556 | -60.3% |
| Other amounts payable | 47/48 | €7,497 | €14,497 | +€7,000 | +93.4% |
| Other operating charges | 640/8 | €622 | €653 | +€32 | +5.1% |
| Gross operating margin | 9900 | €37,988 | €36,041 | -€1,946 | -5.1% |
| Operating profit (loss) | 9901 | €37,366 | €35,388 | -€1,978 | -5.3% |
| Financial income | 75/76B | €4,061 | €7,200 | +€3,139 | +77.3% |
| Recurring financial income | 75 | €4,061 | €7,200 | +€3,139 | +77.3% |
| Financial charges | 65/66B | €70 | €77 | +€7 | +10.4% |
| Recurring financial charges | 65 | €70 | €77 | +€7 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €41,357 | €42,511 | +€1,154 | +2.8% |
| Income taxes | 67/77 | €18,614 | €8,005 | -€10,609 | -57.0% |
| Profit (loss) for the period | 9904 | €22,744 | €34,506 | +€11,762 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,744 | €34,506 | +€11,762 | +51.7% |
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 2 October 2026 via checked.be.