EXIGENCE PROJET: 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.
EXIGENCE PROJET
Largest movements
- Tangible fixed assets +€34,462
up €34,462 (+211%), from €16,326 to €50,788
- Receivables within one year +€7,402
up €7,402 (+4.3%), from €173,011 to €180,413
of which Other amounts receivable: +€5,108
- Debts after one year +€21,001
up €21,001 (+335%), from €6,262 to €27,263
- Profit (loss) carried forward +€15,843
up €15,843 (+14.2%), from €111,898 to €127,741
- Trade debts +€6,594
up €6,594 (+15.3%), from €43,113 to €49,707
- Current portion of long-term debt +€2,892
up €2,892 (+71.4%), from €4,047 to €6,939
- Other operating charges -€12,174
down €12,174 (-57.3%), from €21,255 to €9,081
- Gross operating margin -€10,273
down €10,273 (-24.3%), from €42,275 to €32,001
- Financial income +€1,804
up €1,804 (+22.4%), from €8,046 to €9,850
- Depreciation -€1,679
down €1,679 (-23.4%), from €7,171 to €5,492
- Financial charges +€1,375
up €1,375 (+41.9%), from €3,280 to €4,655
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,972 | €238,440 | +€45,469 | +23.6% |
| Fixed assets | 21/28 | €16,326 | €50,788 | +€34,462 | +211% |
| Tangible fixed assets | 22/27 | €16,326 | €50,788 | +€34,462 | +211% |
| Furniture and vehicles | 24 | €16,326 | €50,788 | +€34,462 | +211% |
| Current assets | 29/58 | €176,645 | €187,653 | +€11,007 | +6.2% |
| Amounts receivable within one year | 40/41 | €173,011 | €180,413 | +€7,402 | +4.3% |
| Trade receivables | 40 | €16,653 | €18,947 | +€2,294 | +13.8% |
| Other amounts receivable | 41 | €156,358 | €161,466 | +€5,108 | +3.3% |
| Cash at bank and in hand | 54/58 | €1,759 | €3,270 | +€1,511 | +85.9% |
| Deferred charges and accrued income | 490/1 | €1,876 | €3,970 | +€2,094 | +112% |
| Total equity and liabilities | 10/49 | €192,972 | €238,440 | +€45,469 | +23.6% |
| Equity | 10/15 | €128,858 | €144,701 | +€15,843 | +12.3% |
| Contributions | 10/11 | €15,100 | €15,100 | = | 0.0% |
| Contributions outside capital | 11 | - | €15,100 | +€15,100 | |
| Other | 1109/19 | - | €15,100 | +€15,100 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,898 | €127,741 | +€15,843 | +14.2% |
| Amounts payable | 17/49 | €64,114 | €93,740 | +€29,626 | +46.2% |
| Amounts payable after more than one year | 17 | €6,262 | €27,263 | +€21,001 | +335% |
| Financial debts | 170/4 | €6,262 | €27,263 | +€21,001 | +335% |
| Amounts payable within one year | 42/48 | €57,851 | €66,477 | +€8,625 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €4,047 | €6,939 | +€2,892 | +71.4% |
| Trade debts | 44 | €43,113 | €49,707 | +€6,594 | +15.3% |
| Suppliers | 440/4 | €43,113 | €49,707 | +€6,594 | +15.3% |
| Advances received on contracts in progress | 46 | €3,050 | €3,050 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,641 | €6,780 | -€861 | -11.3% |
| Taxes | 450/3 | €7,641 | €6,780 | -€861 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,171 | €5,492 | -€1,679 | -23.4% |
| Other operating charges | 640/8 | €21,255 | €9,081 | -€12,174 | -57.3% |
| Gross operating margin | 9900 | €42,275 | €32,001 | -€10,273 | -24.3% |
| Operating profit (loss) | 9901 | €13,849 | €17,428 | +€3,580 | +25.8% |
| Financial income | 75/76B | €8,046 | €9,850 | +€1,804 | +22.4% |
| Recurring financial income | 75 | €8,046 | €9,850 | +€1,804 | +22.4% |
| Financial charges | 65/66B | €3,280 | €4,655 | +€1,375 | +41.9% |
| Recurring financial charges | 65 | €3,280 | €4,655 | +€1,375 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €18,614 | €22,623 | +€4,009 | +21.5% |
| Income taxes | 67/77 | €6,916 | €6,780 | -€136 | -2.0% |
| Profit (loss) for the period | 9904 | €11,698 | €15,843 | +€4,145 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,698 | €15,843 | +€4,145 | +35.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.