EXIM: 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.
EXIM
Largest movements
- Tangible fixed assets -€26,804
down €26,804 (-8.8%), from €303,292 to €276,488
of which Land and buildings: -€21,405
- Profit (loss) carried forward -€44,760
down €44,760 (-43.5%), from -€102,934 to -€147,694
- Trade debts +€10,665
new in 2025: €10,665
- Gross operating margin -€46,472
down €46,472, from €32,684 to -€13,788
- Other operating charges -€1,605
down €1,605 (-28.3%), from €5,670 to €4,066
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 | €532,304 | €497,833 | -€34,471 | -6.5% |
| Fixed assets | 21/28 | €304,960 | €278,156 | -€26,804 | -8.8% |
| Tangible fixed assets | 22/27 | €303,292 | €276,488 | -€26,804 | -8.8% |
| Land and buildings | 22 | €285,620 | €264,215 | -€21,405 | -7.5% |
| Furniture and vehicles | 24 | €3,018 | €131 | -€2,886 | -95.6% |
| Other tangible fixed assets | 26 | €14,655 | €12,141 | -€2,513 | -17.2% |
| Financial fixed assets | 28 | €1,668 | €1,668 | = | 0.0% |
| Current assets | 29/58 | €227,344 | €219,677 | -€7,666 | -3.4% |
| Amounts receivable within one year | 40/41 | €221,211 | €216,511 | -€4,701 | -2.1% |
| Trade receivables | 40 | €37,701 | €33,000 | -€4,701 | -12.5% |
| Other amounts receivable | 41 | €183,511 | €183,511 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,132 | €3,167 | -€2,966 | -48.4% |
| Total equity and liabilities | 10/49 | €532,304 | €497,833 | -€34,471 | -6.5% |
| Equity | 10/15 | €400,866 | €356,106 | -€44,760 | -11.2% |
| Contributions | 10/11 | €458,000 | €458,000 | = | 0.0% |
| Capital | 10 | €458,000 | €458,000 | = | 0.0% |
| Issued capital | 100 | €458,000 | €458,000 | = | 0.0% |
| Reserves | 13 | €45,800 | €45,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,800 | €45,800 | = | 0.0% |
| Legal reserve | 130 | €45,800 | €45,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,934 | -€147,694 | -€44,760 | -43.5% |
| Amounts payable | 17/49 | €131,438 | €141,727 | +€10,290 | +7.8% |
| Amounts payable within one year | 42/48 | €131,438 | €141,727 | +€10,290 | +7.8% |
| Trade debts | 44 | - | €10,665 | +€10,665 | |
| Suppliers | 440/4 | - | €10,665 | +€10,665 | |
| Other amounts payable | 47/48 | €131,438 | €131,063 | -€375 | -0.3% |
| Remuneration, social security and pensions | 62 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,804 | €26,804 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,670 | €4,066 | -€1,605 | -28.3% |
| Gross operating margin | 9900 | €32,684 | -€13,788 | -€46,472 | |
| Operating profit (loss) | 9901 | -€91 | -€44,658 | -€44,567 | -49001.9% |
| Financial income | 75/76B | €0 | €17 | +€17 | +166600.0% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +166600.0% |
| Financial charges | 65/66B | €119 | €119 | = | 0.0% |
| Recurring financial charges | 65 | €119 | €119 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€210 | -€44,760 | -€44,551 | -21228.7% |
| Profit (loss) for the period | 9904 | -€210 | -€44,760 | -€44,551 | -21228.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€210 | -€44,760 | -€44,551 | -21228.7% |
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 12 October 2026 via checked.be.