EXIMIUS: 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.
EXIMIUS
Largest movements
- Receivables within one year -€87,103
down €87,103 (-38.4%), from €226,660 to €139,557
of which Trade receivables: -€88,866
- Tangible fixed assets -€22,252
down €22,252 (-24.9%), from €89,206 to €66,954
of which Furniture and vehicles: -€20,510
- Cash +€20,856
up €20,856 (+6.0%), from €348,258 to €369,114
mainly Receivables within one year (+€87,103) and Net result for the year (+€27,298)
- Other debts -€59,245
down €59,245 (-31.7%), from €186,782 to €127,537
- Reserves +€27,298
up €27,298 (+8.6%), from €316,672 to €343,970
- Tax, wage and social debts -€21,572
down €21,572 (-67.1%), from €32,138 to €10,566
- Accrued charges and deferred income -€13,708
down €13,708 (-18.4%), from €74,479 to €60,771
- Current portion of long-term debt -€7,795
down €7,795 (-57.0%), from €13,671 to €5,876
- Financial charges -€181,633
down €181,633 (-93.5%), from €194,183 to €12,550
- Gross operating margin -€119,076
down €119,076 (-60.9%), from €195,392 to €76,317
- Taxes -€25,822
down €25,822 (-68.6%), from €37,650 to €11,827
- Financial income -€5,359
down €5,359 (-70.8%), from €7,573 to €2,214
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 | €728,394 | €641,988 | -€86,406 | -11.9% |
| Fixed assets | 21/28 | €89,206 | €66,954 | -€22,252 | -24.9% |
| Tangible fixed assets | 22/27 | €89,206 | €66,954 | -€22,252 | -24.9% |
| Plant, machinery and equipment | 23 | €11,290 | €10,230 | -€1,060 | -9.4% |
| Furniture and vehicles | 24 | €69,835 | €49,325 | -€20,510 | -29.4% |
| Other tangible fixed assets | 26 | €8,080 | €7,399 | -€681 | -8.4% |
| Current assets | 29/58 | €639,188 | €575,034 | -€64,154 | -10.0% |
| Stocks and contracts in progress | 3 | €5,191 | €5,191 | = | 0.0% |
| Stocks | 30/36 | €5,191 | €5,191 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €226,660 | €139,557 | -€87,103 | -38.4% |
| Trade receivables | 40 | €199,840 | €110,973 | -€88,866 | -44.5% |
| Other amounts receivable | 41 | €26,820 | €28,583 | +€1,763 | +6.6% |
| Current investments | 50/53 | €56,746 | €56,746 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €348,258 | €369,114 | +€20,856 | +6.0% |
| Deferred charges and accrued income | 490/1 | €2,334 | €4,426 | +€2,093 | +89.7% |
| Total equity and liabilities | 10/49 | €728,394 | €641,988 | -€86,406 | -11.9% |
| Equity | 10/15 | €322,860 | €350,158 | +€27,298 | +8.5% |
| Contributions | 10/11 | €6,188 | €6,188 | = | 0.0% |
| Reserves | 13 | €316,672 | €343,970 | +€27,298 | +8.6% |
| Distributable reserves | 133 | €316,672 | €343,970 | +€27,298 | +8.6% |
| Amounts payable | 17/49 | €405,533 | €291,829 | -€113,704 | -28.0% |
| Amounts payable after more than one year | 17 | €5,876 | - | -€5,876 | |
| Financial debts | 170/4 | €5,876 | - | -€5,876 | |
| Amounts payable within one year | 42/48 | €325,178 | €231,058 | -€94,121 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €13,671 | €5,876 | -€7,795 | -57.0% |
| Trade debts | 44 | €90,981 | €87,079 | -€3,902 | -4.3% |
| Suppliers | 440/4 | €90,981 | €87,079 | -€3,902 | -4.3% |
| Advances received on contracts in progress | 46 | €1,607 | - | -€1,607 | |
| Taxes, remuneration and social security | 45 | €32,138 | €10,566 | -€21,572 | -67.1% |
| Taxes | 450/3 | €32,138 | €10,566 | -€21,572 | -67.1% |
| Other amounts payable | 47/48 | €186,782 | €127,537 | -€59,245 | -31.7% |
| Accrued charges and deferred income | 492/3 | €74,479 | €60,771 | -€13,708 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,394 | €24,072 | +€678 | +2.9% |
| Other operating charges | 640/8 | €3,184 | €2,784 | -€400 | -12.6% |
| Gross operating margin | 9900 | €195,392 | €76,317 | -€119,076 | -60.9% |
| Operating profit (loss) | 9901 | €168,814 | €49,461 | -€119,353 | -70.7% |
| Financial income | 75/76B | €7,573 | €2,214 | -€5,359 | -70.8% |
| Recurring financial income | 75 | €7,573 | €2,214 | -€5,359 | -70.8% |
| Financial charges | 65/66B | €194,183 | €12,550 | -€181,633 | -93.5% |
| Recurring financial charges | 65 | €194,183 | €12,550 | -€181,633 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,796 | €39,125 | +€56,921 | |
| Income taxes | 67/77 | €37,650 | €11,827 | -€25,822 | -68.6% |
| Profit (loss) for the period | 9904 | -€55,446 | €27,298 | +€82,743 | |
| Transfer from tax-exempt reserves | 789 | €5,375 | - | -€5,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,071 | €27,298 | +€77,369 |
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 15 October 2026 via checked.be.