ExoTech: 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.
ExoTech
Largest movements
- Receivables within one year -€15,518
down €15,518 (-34.0%), from €45,698 to €30,181
of which Other amounts receivable: -€12,318
- Cash -€1,687
down €1,687 (-12.1%), from €13,951 to €12,264
mainly Net result for the year (-€11,197) and Tax, wage and social debts (-€6,166)
- Tangible fixed assets +€1,443
up €1,443 (+45.6%), from €3,168 to €4,611
- Reserves -€11,197
down €11,197 (-18.6%), from €60,285 to €49,088
- Tax, wage and social debts -€6,166
down €6,166 (-100.0%), from €6,166 to €0
- Trade debts +€2,542
up €2,542 (+233.7%), from €1,088 to €3,630
- Other debts -€860
down €860 (-13.4%), from €6,439 to €5,578
- Financial charges +€19,758
up €19,758, from -€1,168 to €18,590
- Financial income -€18,549
down €18,549 (-57.0%), from €32,560 to €14,011
- Taxes -€6,427
down €6,427 (-99.1%), from €6,483 to €55
- Gross operating margin -€4,111
down €4,111, from €996 to -€3,115
- Depreciation +€681
up €681 (+30.3%), from €2,247 to €2,928
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 | €75,978 | €60,297 | -€15,681 | -20.6% |
| Fixed assets | 21/28 | €3,168 | €4,611 | +€1,443 | +45.6% |
| Tangible fixed assets | 22/27 | €3,168 | €4,611 | +€1,443 | +45.6% |
| Furniture and vehicles | 24 | €3,168 | €4,611 | +€1,443 | +45.6% |
| Current assets | 29/58 | €72,810 | €55,686 | -€17,124 | -23.5% |
| Amounts receivable within one year | 40/41 | €45,698 | €30,181 | -€15,518 | -34.0% |
| Trade receivables | 40 | €3,200 | €0 | -€3,200 | -100.0% |
| Other amounts receivable | 41 | €42,498 | €30,181 | -€12,318 | -29.0% |
| Current investments | 50/53 | €12,763 | €12,892 | +€129 | +1.0% |
| Cash at bank and in hand | 54/58 | €13,951 | €12,264 | -€1,687 | -12.1% |
| Deferred charges and accrued income | 490/1 | €398 | €349 | -€49 | -12.2% |
| Total equity and liabilities | 10/49 | €75,978 | €60,297 | -€15,681 | -20.6% |
| Equity | 10/15 | €62,285 | €51,088 | -€11,197 | -18.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €60,285 | €49,088 | -€11,197 | -18.6% |
| Distributable reserves | 133 | €60,285 | €49,088 | -€11,197 | -18.6% |
| Amounts payable | 17/49 | €13,692 | €9,208 | -€4,484 | -32.7% |
| Amounts payable within one year | 42/48 | €13,692 | €9,208 | -€4,484 | -32.7% |
| Trade debts | 44 | €1,088 | €3,630 | +€2,542 | +233.7% |
| Suppliers | 440/4 | €1,088 | €3,630 | +€2,542 | +233.7% |
| Taxes, remuneration and social security | 45 | €6,166 | €0 | -€6,166 | -100.0% |
| Taxes | 450/3 | €6,166 | €0 | -€6,166 | -100.0% |
| Other amounts payable | 47/48 | €6,439 | €5,578 | -€860 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,247 | €2,928 | +€681 | +30.3% |
| Other operating charges | 640/8 | €509 | €520 | +€11 | +2.1% |
| Gross operating margin | 9900 | €996 | -€3,115 | -€4,111 | |
| Operating profit (loss) | 9901 | -€1,760 | -€6,563 | -€4,803 | -272.8% |
| Financial income | 75/76B | €32,560 | €14,011 | -€18,549 | -57.0% |
| Recurring financial income | 75 | €32,560 | €14,011 | -€18,549 | -57.0% |
| Financial charges | 65/66B | -€1,168 | €18,590 | +€19,758 | |
| Recurring financial charges | 65 | -€1,168 | €18,590 | +€19,758 | |
| Profit (loss) for the period before taxes | 9903 | €31,968 | -€11,142 | -€43,110 | |
| Income taxes | 67/77 | €6,483 | €55 | -€6,427 | -99.1% |
| Profit (loss) for the period | 9904 | €25,486 | -€11,197 | -€36,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,486 | -€11,197 | -€36,683 |
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 12 October 2026 via checked.be.