Exigon: 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.
Exigon
Largest movements
- Cash +€49,070
up €49,070 (+14.8%), from €330,515 to €379,584
mainly Depreciation (+€74,313) and Net result for the year (+€53,599)
- Tangible fixed assets -€42,502
down €42,502 (-9.7%), from €437,691 to €395,190
of which Land and buildings: -€28,490
- Receivables within one year +€18,825
up €18,825 (+73.9%), from €25,462 to €44,287
of which Other amounts receivable: +€10,485
- Reserves +€53,599
up €53,599 (+8.1%), from €660,958 to €714,557
of which Distributable reserves: +€53,599
- Debts after one year -€24,072
down €24,072 (-31.9%), from €75,519 to €51,448
- Financial income -€552,192
down €552,192 (-99.8%), from €553,207 to €1,015
- Gross operating margin +€95,364
up €95,364 (+258.5%), from €36,896 to €132,259
- Depreciation +€2,817
up €2,817 (+3.9%), from €71,496 to €74,313
- Other operating charges -€1,860
down €1,860 (-44.6%), from €4,171 to €2,311
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 | €793,668 | €821,760 | +€28,093 | +3.5% |
| Fixed assets | 21/28 | €437,691 | €395,190 | -€42,502 | -9.7% |
| Tangible fixed assets | 22/27 | €437,691 | €395,190 | -€42,502 | -9.7% |
| Land and buildings | 22 | €321,479 | €292,990 | -€28,490 | -8.9% |
| Plant, machinery and equipment | 23 | €25,772 | €36,097 | +€10,325 | +40.1% |
| Furniture and vehicles | 24 | €90,440 | €66,103 | -€24,336 | -26.9% |
| Current assets | 29/58 | €355,976 | €426,571 | +€70,594 | +19.8% |
| Amounts receivable within one year | 40/41 | €25,462 | €44,287 | +€18,825 | +73.9% |
| Trade receivables | 40 | €6,886 | €15,226 | +€8,340 | +121.1% |
| Other amounts receivable | 41 | €18,576 | €29,061 | +€10,485 | +56.4% |
| Cash at bank and in hand | 54/58 | €330,515 | €379,584 | +€49,070 | +14.8% |
| Deferred charges and accrued income | 490/1 | - | €2,700 | +€2,700 | |
| Total equity and liabilities | 10/49 | €793,668 | €821,760 | +€28,093 | +3.5% |
| Equity | 10/15 | €685,958 | €739,557 | +€53,599 | +7.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €660,958 | €714,557 | +€53,599 | +8.1% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,500 | €31,500 | = | 0.0% |
| Distributable reserves | 133 | €626,958 | €680,557 | +€53,599 | +8.5% |
| Amounts payable | 17/49 | €107,710 | €82,203 | -€25,506 | -23.7% |
| Amounts payable after more than one year | 17 | €75,519 | €51,448 | -€24,072 | -31.9% |
| Financial debts | 170/4 | €75,519 | €51,448 | -€24,072 | -31.9% |
| Amounts payable within one year | 42/48 | €32,190 | €30,755 | -€1,435 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €23,654 | €24,072 | +€417 | +1.8% |
| Trade debts | 44 | €1,891 | €1,183 | -€709 | -37.5% |
| Suppliers | 440/4 | €1,891 | €1,183 | -€709 | -37.5% |
| Taxes, remuneration and social security | 45 | €6,645 | €5,501 | -€1,144 | -17.2% |
| Taxes | 450/3 | €6,645 | €5,501 | -€1,144 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,496 | €74,313 | +€2,817 | +3.9% |
| Other operating charges | 640/8 | €4,171 | €2,311 | -€1,860 | -44.6% |
| Gross operating margin | 9900 | €36,896 | €132,259 | +€95,364 | +258.5% |
| Operating profit (loss) | 9901 | -€38,771 | €55,636 | +€94,407 | |
| Financial income | 75/76B | €553,207 | €1,015 | -€552,192 | -99.8% |
| Recurring financial income | 75 | €553,207 | €1,015 | -€552,192 | -99.8% |
| Financial charges | 65/66B | €2,711 | €2,688 | -€23 | -0.8% |
| Recurring financial charges | 65 | €2,711 | €2,688 | -€23 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €511,724 | €53,963 | -€457,761 | -89.5% |
| Income taxes | 67/77 | €428 | €364 | -€64 | -15.0% |
| Profit (loss) for the period | 9904 | €511,297 | €53,599 | -€457,697 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €511,297 | €53,599 | -€457,697 | -89.5% |
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 11 October 2026 via checked.be.