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EXIDOR: 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.

What changed

EXIDOR

BE 0699.744.043
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,914
2024 · €47,463-€12,549
Equity
€141,333
2024 · €139,419+€1,914
Cash
€104,591
2024 · €91,719+€12,872
Balance sheet total
€190,119
2024 · €188,617+€1,502

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€19,564

    down €19,564 (-24.0%), from €81,528 to €61,964

  • Cash +€12,872

    up €12,872 (+14.0%), from €91,719 to €104,591

    mainly Net result for the year (+€34,914) and Receivables within one year (+€19,564)

  • Deferred charges and accrued income +€7,620

    up €7,620 (+57.2%), from €13,333 to €20,953

Equity and liabilities
  • Other debts -€5,250

    down €5,250 (-13.7%), from €38,250 to €33,000

  • Tax, wage and social debts +€4,139

    up €4,139 (+40.7%), from €10,177 to €14,315

    of which Taxes: +€4,139

Income statement
  • Purchases and services +€12,267

    up €12,267 (+19.0%), from €64,572 to €76,839

  • Gross operating margin -€8,130

    down €8,130 (-13.2%), from €61,639 to €53,508

  • Turnover +€4,983

    up €4,983 (+4.1%), from €121,202 to €126,185

  • Taxes +€4,421

    up €4,421 (+32.9%), from €13,427 to €17,847

From the 2024 result to the 2025 result

effect on the 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 €47,463
Gross operating margin -€8,130
Depreciation +€2
Taxes -€4,421
Result 2025 €34,914

Cash bridge derived

cash 2024 to 2025

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 +€47,139
Investment -€1,267
Financing -€33,000
Cash 2024 €91,719
Net result for the year +€34,914
Depreciation +€693
Receivables within one year +€19,564
Deferred charges and accrued income -€7,620
Trade debts +€699
Tax, wage and social debts +€4,139
Other debts -€5,250
Investment in fixed assets (net) -€1,267
Contributions, distributions and other -€33,000
Cash 2025 €104,591
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €188,617 €190,119 +€1,502 +0.8%
Fixed assets 21/28 €2,037 €2,611 +€574 +28.2%
Tangible fixed assets 22/27 €2,037 €2,611 +€574 +28.2%
Furniture and vehicles 24 €2,037 €2,611 +€574 +28.2%
Current assets 29/58 €186,580 €187,508 +€928 +0.5%
Amounts receivable within one year 40/41 €81,528 €61,964 -€19,564 -24.0%
Other amounts receivable 41 €81,528 €61,964 -€19,564 -24.0%
Cash at bank and in hand 54/58 €91,719 €104,591 +€12,872 +14.0%
Deferred charges and accrued income 490/1 €13,333 €20,953 +€7,620 +57.2%
Total equity and liabilities 10/49 €188,617 €190,119 +€1,502 +0.8%
Equity 10/15 €139,419 €141,333 +€1,914 +1.4%
Contributions 10/11 €65,000 €65,000 = 0.0%
Capital 10 €65,000 €65,000 = 0.0%
Issued capital 100 €65,000 €65,000 = 0.0%
Reserves 13 €4,131 €5,877 +€1,746 +42.3%
Non-distributable reserves 130/1 €4,131 €5,877 +€1,746 +42.3%
Legal reserve 130 €4,131 €5,877 +€1,746 +42.3%
Profit (loss) carried forward 14 €70,288 €70,456 +€168 +0.2%
Amounts payable 17/49 €49,198 €48,786 -€412 -0.8%
Amounts payable within one year 42/48 €49,198 €48,786 -€412 -0.8%
Trade debts 44 €771 €1,471 +€699 +90.7%
Suppliers 440/4 €771 €1,471 +€699 +90.7%
Taxes, remuneration and social security 45 €10,177 €14,315 +€4,139 +40.7%
Taxes 450/3 €10,177 €14,315 +€4,139 +40.7%
Remuneration and social security 454/9 €0 €0 =
Other amounts payable 47/48 €38,250 €33,000 -€5,250 -13.7%
Turnover 70 €121,202 €126,185 +€4,983 +4.1%
Goods, raw materials, services and sundry goods 60/61 €64,572 €76,839 +€12,267 +19.0%
Remuneration, social security and pensions 62 €0 €0 =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €695 €693 -€2 -0.3%
Gross operating margin 9900 €61,639 €53,508 -€8,130 -13.2%
Operating profit (loss) 9901 €60,943 €52,815 -€8,128 -13.3%
Financial charges 65/66B €54 €54 = 0.0%
Recurring financial charges 65 €54 €54 = 0.0%
Profit (loss) for the period before taxes 9903 €60,889 €52,761 -€8,128 -13.3%
Income taxes 67/77 €13,427 €17,847 +€4,421 +32.9%
Profit (loss) for the period 9904 €47,463 €34,914 -€12,549 -26.4%
Profit (loss) for the period to be appropriated 9905 €47,463 €34,914 -€12,549 -26.4%

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 30 September 2026 via checked.be.