EXKI: what changed
Two fiscal 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.
EXKI
Largest movements
- Cash +€171,215
up €171,215 (+156.5%), from €109,380 to €280,596
mainly Net result for the year (+€123,177) and Depreciation (+€42,379)
- Tangible fixed assets -€82,662
down €82,662 (-8.2%), from €1.0m to €928,131
of which Land and buildings: -€72,141
- Profit (loss) carried forward +€129,519
up €129,519 (+38.9%), from -€332,940 to -€203,421
- Debts after one year -€19,890
down €19,890 (-3.2%), from €624,274 to €604,383
- Other debts -€15,829
down €15,829 (-14.0%), from €112,787 to €96,958
- Gross operating margin +€115,310
up €115,310 (+176.0%), from €65,521 to €180,831
- Depreciation -€18,057
down €18,057 (-29.9%), from €60,436 to €42,379
- Other operating charges -€2,854
down €2,854 (-25.4%), from €11,240 to €8,385
- Financial charges -€2,718
down €2,718 (-23.2%), from €11,706 to €8,989
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 | €1,140,243 | €1,229,435 | +€89,192 | +7.8% |
| Fixed assets | 21/28 | €1,010,963 | €928,301 | -€82,662 | -8.2% |
| Tangible fixed assets | 22/27 | €1,010,793 | €928,131 | -€82,662 | -8.2% |
| Land and buildings | 22 | €957,191 | €885,049 | -€72,141 | -7.5% |
| Plant, machinery and equipment | 23 | €20,033 | €20,033 | = | 0.0% |
| Furniture and vehicles | 24 | €33,569 | €23,048 | -€10,521 | -31.3% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €129,281 | €301,134 | +€171,854 | +132.9% |
| Amounts receivable within one year | 40/41 | €18,536 | €19,447 | +€912 | +4.9% |
| Other amounts receivable | 41 | €18,536 | €19,447 | +€912 | +4.9% |
| Cash at bank and in hand | 54/58 | €109,380 | €280,596 | +€171,215 | +156.5% |
| Deferred charges and accrued income | 490/1 | €1,364 | €1,091 | -€273 | -20.0% |
| Total equity and liabilities | 10/49 | €1,140,243 | €1,229,435 | +€89,192 | +7.8% |
| Equity | 10/15 | €310,416 | €433,594 | +€123,177 | +39.7% |
| Contributions | 10/11 | €472,113 | €472,113 | = | 0.0% |
| Capital | 10 | €472,113 | €472,113 | = | 0.0% |
| Issued capital | 100 | €472,113 | €472,113 | = | 0.0% |
| Reserves | 13 | €171,243 | €164,901 | -€6,342 | -3.7% |
| Tax-exempt reserves | 132 | €171,243 | €164,901 | -€6,342 | -3.7% |
| Profit (loss) carried forward | 14 | -€332,940 | -€203,421 | +€129,519 | +38.9% |
| Provisions and deferred taxes | 16 | €65,806 | €63,692 | -€2,114 | -3.2% |
| Provisions for liabilities and charges | 160/5 | €8,725 | €8,725 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,725 | €8,725 | = | 0.0% |
| Deferred taxes | 168 | €57,081 | €54,967 | -€2,114 | -3.7% |
| Amounts payable | 17/49 | €764,021 | €732,150 | -€31,872 | -4.2% |
| Amounts payable after more than one year | 17 | €624,274 | €604,383 | -€19,890 | -3.2% |
| Financial debts | 170/4 | €624,274 | €604,383 | -€19,890 | -3.2% |
| Amounts payable within one year | 42/48 | €139,747 | €127,766 | -€11,981 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €19,726 | €19,890 | +€165 | +0.8% |
| Trade debts | 44 | €5,779 | €6,892 | +€1,113 | +19.3% |
| Suppliers | 440/4 | €5,779 | €6,892 | +€1,113 | +19.3% |
| Advances received on contracts in progress | 46 | €1,005 | €1,105 | +€100 | +10.0% |
| Taxes, remuneration and social security | 45 | €451 | €2,921 | +€2,471 | +548.0% |
| Taxes | 450/3 | €451 | €2,921 | +€2,471 | +548.0% |
| Other amounts payable | 47/48 | €112,787 | €96,958 | -€15,829 | -14.0% |
| Non-recurring operating income | 76A | - | €144,703 | +€144,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,436 | €42,379 | -€18,057 | -29.9% |
| Other operating charges | 640/8 | €11,240 | €8,385 | -€2,854 | -25.4% |
| Gross operating margin | 9900 | €65,521 | €180,831 | +€115,310 | +176.0% |
| Operating profit (loss) | 9901 | -€6,155 | €130,067 | +€136,221 | |
| Financial income | 75/76B | €334 | €427 | +€93 | +27.9% |
| Recurring financial income | 75 | €334 | €427 | +€93 | +27.9% |
| Financial charges | 65/66B | €11,706 | €8,989 | -€2,718 | -23.2% |
| Recurring financial charges | 65 | €11,706 | €8,989 | -€2,718 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,527 | €121,505 | +€139,032 | |
| Transfer from deferred taxes | 780 | €2,604 | €2,114 | -€490 | -18.8% |
| Income taxes | 67/77 | €451 | €442 | -€9 | -2.1% |
| Profit (loss) for the period | 9904 | -€15,374 | €123,177 | +€138,551 | |
| Transfer from tax-exempt reserves | 789 | €7,293 | €6,342 | -€951 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,081 | €129,519 | +€137,600 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.