EXO7: 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.
What changed
EXO7
NACE 47.230, Retail trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€45,177
2024 · €7,695+€37,482
Equity
€35,281
2024 · -€9,897+€45,177
Cash
€18,824
2024 · €19,004-€180
Balance sheet total
€478,961
2024 · €519,450-€40,489
Largest movements
Assets
- Tangible fixed assets -€51,309
down €51,309 (-20.8%), from €246,126 to €194,817
- Stocks and contracts +€8,696
up €8,696 (+13.9%), from €62,343 to €71,039
Equity and liabilities
- Profit (loss) carried forward +€70,097
up €70,097 (+48.3%), from -€145,166 to -€75,068
- Debts after one year -€47,096
down €47,096 (-28.8%), from €163,394 to €116,299
- Reserves -€24,920
down €24,920 (-21.4%), from €116,669 to €91,749
of which Distributable reserves: -€24,920
- Trade debts -€15,732
down €15,732 (-9.4%), from €167,173 to €151,441
- Other debts -€10,582
down €10,582 (-19.4%), from €54,478 to €43,896
Income statement
- Gross operating margin +€25,348
up €25,348 (+6.9%), from €368,739 to €394,087
- Depreciation -€7,826
down €7,826 (-12.4%), from €62,985 to €55,159
- Other operating charges +€5,269
up €5,269 (+28.8%), from €18,305 to €23,574
- Write-downs -€4,658
down €4,658, from €4,258 to -€401
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.
Result 2024
€7,695
Gross operating margin
+€25,348
Staff costs
+€3,064
Depreciation
+€7,826
Write-downs
+€4,658
Other operating charges
-€5,269
Financial income
-€135
Financial charges
+€1,990
Taxes
-€1
Result 2025
€45,177
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.
From operations
+€66,444
Investment
-€6,853
Financing
-€59,771
Cash 2024
€19,004
From operations (derived)
+€66,444
Net result for the year
+€45,177
Depreciation
+€55,159
Stocks and contracts
-€8,696
Receivables within one year
+€398
Deferred charges and accrued income
+€301
Trade debts
-€15,732
Tax, wage and social debts
+€2,346
Advances received
-€1,927
Other debts
-€10,582
Investment (derived)
-€6,853
Investment in fixed assets (net)
-€6,853
Financing
-€59,771
Debts after one year
-€47,096
Current portion of long-term debt
-€3,383
Short-term financial debts
-€9,293
Cash 2025
€18,824
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €519,450 | €478,961 | -€40,489 | -7.8% |
| Fixed assets | 21/28 | €246,126 | €197,821 | -€48,305 | -19.6% |
| Tangible fixed assets | 22/27 | €246,126 | €194,817 | -€51,309 | -20.8% |
| Land and buildings | 22 | €106,325 | €91,778 | -€14,547 | -13.7% |
| Plant, machinery and equipment | 23 | €74,099 | €60,911 | -€13,188 | -17.8% |
| Furniture and vehicles | 24 | €30,554 | €19,001 | -€11,553 | -37.8% |
| Other tangible fixed assets | 26 | €35,148 | €23,127 | -€12,020 | -34.2% |
| Financial fixed assets | 28 | - | €3,003 | +€3,003 | |
| Current assets | 29/58 | €273,324 | €281,140 | +€7,816 | +2.9% |
| Stocks and contracts in progress | 3 | €62,343 | €71,039 | +€8,696 | +13.9% |
| Stocks | 30/36 | €62,343 | €71,039 | +€8,696 | +13.9% |
| Amounts receivable within one year | 40/41 | €188,668 | €188,269 | -€398 | -0.2% |
| Trade receivables | 40 | €186,346 | €187,669 | +€1,322 | +0.7% |
| Other amounts receivable | 41 | €2,321 | €601 | -€1,721 | -74.1% |
| Cash at bank and in hand | 54/58 | €19,004 | €18,824 | -€180 | -0.9% |
| Deferred charges and accrued income | 490/1 | €3,309 | €3,008 | -€301 | -9.1% |
| Total equity and liabilities | 10/49 | €519,450 | €478,961 | -€40,489 | -7.8% |
| Equity | 10/15 | -€9,897 | €35,281 | +€45,177 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,669 | €91,749 | -€24,920 | -21.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €114,809 | €89,889 | -€24,920 | -21.7% |
| Profit (loss) carried forward | 14 | -€145,166 | -€75,068 | +€70,097 | +48.3% |
| Amounts payable | 17/49 | €529,346 | €443,680 | -€85,666 | -16.2% |
| Amounts payable after more than one year | 17 | €163,394 | €116,299 | -€47,096 | -28.8% |
| Financial debts | 170/4 | €163,394 | €116,299 | -€47,096 | -28.8% |
| Amounts payable within one year | 42/48 | €365,952 | €327,382 | -€38,570 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €62,890 | €59,507 | -€3,383 | -5.4% |
| Financial debts | 43 | €44,000 | €34,707 | -€9,293 | -21.1% |
| Credit institutions | 430/8 | €44,000 | €34,707 | -€9,293 | -21.1% |
| Trade debts | 44 | €167,173 | €151,441 | -€15,732 | -9.4% |
| Suppliers | 440/4 | €167,173 | €151,441 | -€15,732 | -9.4% |
| Advances received on contracts in progress | 46 | €2,332 | €405 | -€1,927 | -82.6% |
| Taxes, remuneration and social security | 45 | €35,080 | €37,426 | +€2,346 | +6.7% |
| Taxes | 450/3 | €6,975 | €6,819 | -€156 | -2.2% |
| Remuneration and social security | 454/9 | €28,104 | €30,606 | +€2,502 | +8.9% |
| Other amounts payable | 47/48 | €54,478 | €43,896 | -€10,582 | -19.4% |
| Remuneration, social security and pensions | 62 | €264,213 | €261,149 | -€3,064 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,985 | €55,159 | -€7,826 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,258 | -€401 | -€4,658 | |
| Other operating charges | 640/8 | €18,305 | €23,574 | +€5,269 | +28.8% |
| Gross operating margin | 9900 | €368,739 | €394,087 | +€25,348 | +6.9% |
| Operating profit (loss) | 9901 | €18,978 | €54,606 | +€35,628 | +187.7% |
| Financial income | 75/76B | €391 | €256 | -€135 | -34.5% |
| Recurring financial income | 75 | €391 | €256 | -€135 | -34.5% |
| Financial charges | 65/66B | €11,674 | €9,684 | -€1,990 | -17.0% |
| Recurring financial charges | 65 | €11,674 | €9,684 | -€1,990 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €7,695 | €45,178 | +€37,483 | +487.1% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | €7,695 | €45,177 | +€37,482 | +487.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,695 | €45,177 | +€37,482 | +487.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.