EXIT GAMES: 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.
EXIT GAMES
Largest movements
- Tangible fixed assets +€135,139
up €135,139 (+74.4%), from €181,694 to €316,834
of which Plant, machinery and equipment: +€156,405
- Cash -€81,648
down €81,648 (-41.4%), from €197,118 to €115,469
mainly Investment in fixed assets (net) (-€340,559) and Contributions, distributions and other (-€140,000)
- Intangible fixed assets +€38,358
up €38,358 (+8.8%), from €437,269 to €475,627
- Reserves +€196,504
new in 2025: €196,504
- Profit (loss) carried forward -€163,967
down €163,967 (-100%), from €163,967 to €0
- Debts after one year -€75,786
down €75,786 (-26.7%), from €283,936 to €208,150
- Trade debts +€52,031
up €52,031 (+109%), from €47,680 to €99,711
- Current portion of long-term debt +€51,635
up €51,635 (+70.6%), from €73,134 to €124,769
- Gross operating margin +€165,725
up €165,725 (+41.3%), from €401,355 to €567,081
- Depreciation +€63,548
up €63,548 (+61.3%), from €103,639 to €167,187
- Staff costs +€17,817
up €17,817 (+13.7%), from €130,432 to €148,249
- Taxes +€15,199
up €15,199 (+41.6%), from €36,561 to €51,760
- Financial charges +€10,449
up €10,449 (+70.1%), from €14,912 to €25,361
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 | €852,473 | €941,951 | +€89,478 | +10.5% |
| Formation expenses | 20 | €789 | €364 | -€425 | -53.9% |
| Fixed assets | 21/28 | €618,964 | €792,761 | +€173,797 | +28.1% |
| Intangible fixed assets | 21 | €437,269 | €475,627 | +€38,358 | +8.8% |
| Tangible fixed assets | 22/27 | €181,694 | €316,834 | +€135,139 | +74.4% |
| Plant, machinery and equipment | 23 | €110,856 | €267,261 | +€156,405 | +141% |
| Furniture and vehicles | 24 | €52,106 | €37,491 | -€14,614 | -28.0% |
| Other tangible fixed assets | 26 | €18,733 | €12,082 | -€6,651 | -35.5% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €232,721 | €148,826 | -€83,894 | -36.0% |
| Amounts receivable within one year | 40/41 | €30,318 | €23,115 | -€7,202 | -23.8% |
| Trade receivables | 40 | €20,887 | €14,857 | -€6,030 | -28.9% |
| Other amounts receivable | 41 | €9,431 | €8,258 | -€1,173 | -12.4% |
| Cash at bank and in hand | 54/58 | €197,118 | €115,469 | -€81,648 | -41.4% |
| Deferred charges and accrued income | 490/1 | €5,285 | €10,242 | +€4,957 | +93.8% |
| Total equity and liabilities | 10/49 | €852,473 | €941,951 | +€89,478 | +10.5% |
| Equity | 10/15 | €263,967 | €296,504 | +€32,536 | +12.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €196,504 | +€196,504 | |
| Distributable reserves | 133 | - | €196,504 | +€196,504 | |
| Profit (loss) carried forward | 14 | €163,967 | €0 | -€163,967 | -100% |
| Amounts payable | 17/49 | €588,506 | €645,447 | +€56,941 | +9.7% |
| Amounts payable after more than one year | 17 | €283,936 | €208,150 | -€75,786 | -26.7% |
| Financial debts | 170/4 | €283,936 | €208,150 | -€75,786 | -26.7% |
| Amounts payable within one year | 42/48 | €304,570 | €436,535 | +€131,966 | +43.3% |
| Current portion of amounts payable after more than one year | 42 | €73,134 | €124,769 | +€51,635 | +70.6% |
| Trade debts | 44 | €47,680 | €99,711 | +€52,031 | +109% |
| Suppliers | 440/4 | €47,680 | €99,711 | +€52,031 | +109% |
| Taxes, remuneration and social security | 45 | €53,369 | €72,056 | +€18,687 | +35.0% |
| Taxes | 450/3 | €39,227 | €45,985 | +€6,758 | +17.2% |
| Remuneration and social security | 454/9 | €14,142 | €26,071 | +€11,929 | +84.4% |
| Other amounts payable | 47/48 | €130,388 | €140,000 | +€9,612 | +7.4% |
| Accrued charges and deferred income | 492/3 | €0 | €762 | +€762 | |
| Remuneration, social security and pensions | 62 | €130,432 | €148,249 | +€17,817 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,639 | €167,187 | +€63,548 | +61.3% |
| Other operating charges | 640/8 | €1,606 | €2,018 | +€412 | +25.6% |
| Gross operating margin | 9900 | €401,355 | €567,081 | +€165,725 | +41.3% |
| Operating profit (loss) | 9901 | €165,678 | €249,627 | +€83,949 | +50.7% |
| Financial income | 75/76B | €583 | €30 | -€552 | -94.8% |
| Recurring financial income | 75 | €583 | €30 | -€552 | -94.8% |
| Financial charges | 65/66B | €14,912 | €25,361 | +€10,449 | +70.1% |
| Recurring financial charges | 65 | €14,912 | €25,361 | +€10,449 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €151,349 | €224,297 | +€72,948 | +48.2% |
| Income taxes | 67/77 | €36,561 | €51,760 | +€15,199 | +41.6% |
| Profit (loss) for the period | 9904 | €114,788 | €172,536 | +€57,749 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,788 | €172,536 | +€57,749 | +50.3% |
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 23 October 2026 via checked.be.