EXKUUS: 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.
EXKUUS
Largest movements
- Cash +€58,263
up €58,263 (+2006.1%), from €2,904 to €61,167
mainly Receivables within one year (+€50,112) and Trade debts (+€22,561)
- Receivables within one year -€50,112
down €50,112 (-36.8%), from €136,338 to €86,226
of which Trade receivables: -€47,519
- Intangible fixed assets -€8,288
down €8,288 (-100.0%), from €8,288 to €0
- Deferred charges and accrued income +€4,832
up €4,832 (+209.6%), from €2,305 to €7,138
- Tangible fixed assets -€2,017
down €2,017 (-72.8%), from €2,773 to €755
- Trade debts +€22,561
up €22,561 (+75.8%), from €29,780 to €52,341
- Profit (loss) carried forward -€16,001
down €16,001, from €737 to -€15,264
- Tax, wage and social debts -€3,977
down €3,977 (-23.3%), from €17,087 to €13,110
of which Taxes: -€3,977
- Gross operating margin -€67,953
down €67,953, from €60,796 to -€7,157
- Depreciation -€18,742
down €18,742 (-64.5%), from €29,047 to €10,305
- Staff costs -€15,896
down €15,896 (-100.0%), from €15,896 to €0
- Taxes -€4,712
down €4,712, from €4,710 to -€2
- Financial charges -€1,219
down €1,219 (-58.3%), from €2,092 to €872
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 | €178,608 | €181,286 | +€2,678 | +1.5% |
| Fixed assets | 21/28 | €11,060 | €755 | -€10,305 | -93.2% |
| Intangible fixed assets | 21 | €8,288 | €0 | -€8,288 | -100.0% |
| Tangible fixed assets | 22/27 | €2,773 | €755 | -€2,017 | -72.8% |
| Plant, machinery and equipment | 23 | €2,773 | €755 | -€2,017 | -72.8% |
| Current assets | 29/58 | €167,548 | €180,531 | +€12,983 | +7.7% |
| Amounts receivable within one year | 40/41 | €136,338 | €86,226 | -€50,112 | -36.8% |
| Trade receivables | 40 | €96,905 | €49,386 | -€47,519 | -49.0% |
| Other amounts receivable | 41 | €39,433 | €36,841 | -€2,593 | -6.6% |
| Current investments | 50/53 | €26,000 | €26,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,904 | €61,167 | +€58,263 | +2006.1% |
| Deferred charges and accrued income | 490/1 | €2,305 | €7,138 | +€4,832 | +209.6% |
| Total equity and liabilities | 10/49 | €178,608 | €181,286 | +€2,678 | +1.5% |
| Equity | 10/15 | €130,695 | €114,694 | -€16,001 | -12.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €126,957 | €126,957 | = | 0.0% |
| Distributable reserves | 133 | €126,957 | €126,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | €737 | -€15,264 | -€16,001 | |
| Amounts payable | 17/49 | €47,913 | €66,593 | +€18,679 | +39.0% |
| Amounts payable within one year | 42/48 | €47,913 | €66,593 | +€18,679 | +39.0% |
| Financial debts | 43 | €1,046 | €1,141 | +€95 | +9.1% |
| Credit institutions | 430/8 | €1,046 | €1,141 | +€95 | +9.1% |
| Trade debts | 44 | €29,780 | €52,341 | +€22,561 | +75.8% |
| Suppliers | 440/4 | €29,780 | €52,341 | +€22,561 | +75.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,087 | €13,110 | -€3,977 | -23.3% |
| Taxes | 450/3 | €16,178 | €12,202 | -€3,977 | -24.6% |
| Remuneration and social security | 454/9 | €908 | €908 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €15,896 | €0 | -€15,896 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,047 | €10,305 | -€18,742 | -64.5% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €60,796 | -€7,157 | -€67,953 | |
| Operating profit (loss) | 9901 | €15,713 | -€17,606 | -€33,319 | |
| Financial income | 75/76B | €1,690 | €2,475 | +€785 | +46.5% |
| Recurring financial income | 75 | €1,690 | €2,475 | +€785 | +46.5% |
| Financial charges | 65/66B | €2,092 | €872 | -€1,219 | -58.3% |
| Recurring financial charges | 65 | €2,092 | €872 | -€1,219 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | €15,312 | -€16,003 | -€31,315 | |
| Income taxes | 67/77 | €4,710 | -€2 | -€4,712 | |
| Profit (loss) for the period | 9904 | €10,601 | -€16,001 | -€26,602 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,601 | -€16,001 | -€26,602 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.