Exouzia: 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.
Exouzia
Largest movements
- Receivables within one year -€285,431
down €285,431 (-98.6%), from €289,557 to €4,126
of which Trade receivables: -€285,431
- Stocks and contracts +€65,497
up €65,497 (+7.6%), from €862,453 to €927,950
- Cash +€34,673
up €34,673 (+11836.3%), from €293 to €34,966
mainly Receivables within one year (+€285,431) and Net result for the year (+€53,183)
- Short-term financial debts -€173,867
down €173,867 (-32.3%), from €538,867 to €365,000
- Reserves +€35,000
up €35,000 (+127.3%), from €27,500 to €62,500
- Debts after one year -€26,626
down €26,626 (-6.4%), from €413,832 to €387,206
of which Financial debts: -€26,626
- Other debts -€18,880
down €18,880 (-40.7%), from €46,442 to €27,562
- Current portion of long-term debt +€11,963
up €11,963 (+251.0%), from €4,766 to €16,730
- Staff costs -€57,159
down €57,159 (-59.7%), from €95,714 to €38,555
- Gross operating margin -€55,225
down €55,225 (-31.7%), from €174,212 to €118,987
- Financial charges -€12,785
down €12,785 (-79.8%), from €16,019 to €3,234
- Other operating charges -€4,775
down €4,775 (-37.9%), from €12,593 to €7,818
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 | €1,152,303 | €967,042 | -€185,261 | -16.1% |
| Current assets | 29/58 | €1,152,303 | €967,042 | -€185,261 | -16.1% |
| Stocks and contracts in progress | 3 | €862,453 | €927,950 | +€65,497 | +7.6% |
| Stocks | 30/36 | €862,453 | €927,950 | +€65,497 | +7.6% |
| Amounts receivable within one year | 40/41 | €289,557 | €4,126 | -€285,431 | -98.6% |
| Trade receivables | 40 | €289,557 | €4,126 | -€285,431 | -98.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €293 | €34,966 | +€34,673 | +11836.3% |
| Total equity and liabilities | 10/49 | €1,152,303 | €967,042 | -€185,261 | -16.1% |
| Equity | 10/15 | €79,531 | €114,714 | +€35,183 | +44.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,500 | €62,500 | +€35,000 | +127.3% |
| Distributable reserves | 133 | €27,500 | €62,500 | +€35,000 | +127.3% |
| Profit (loss) carried forward | 14 | €33,431 | €33,614 | +€183 | +0.5% |
| Amounts payable | 17/49 | €1,072,772 | €852,328 | -€220,444 | -20.5% |
| Amounts payable after more than one year | 17 | €413,832 | €387,206 | -€26,626 | -6.4% |
| Financial debts | 170/4 | €413,832 | €387,206 | -€26,626 | -6.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €658,940 | €465,122 | -€193,818 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €4,766 | €16,730 | +€11,963 | +251.0% |
| Financial debts | 43 | €538,867 | €365,000 | -€173,867 | -32.3% |
| Credit institutions | 430/8 | €538,867 | €365,000 | -€173,867 | -32.3% |
| Trade debts | 44 | €37,829 | €31,430 | -€6,399 | -16.9% |
| Suppliers | 440/4 | €37,829 | €31,430 | -€6,399 | -16.9% |
| Taxes, remuneration and social security | 45 | €31,036 | €24,401 | -€6,635 | -21.4% |
| Taxes | 450/3 | €9,978 | €16,246 | +€6,269 | +62.8% |
| Remuneration and social security | 454/9 | €21,058 | €8,154 | -€12,904 | -61.3% |
| Other amounts payable | 47/48 | €46,442 | €27,562 | -€18,880 | -40.7% |
| Remuneration, social security and pensions | 62 | €95,714 | €38,555 | -€57,159 | -59.7% |
| Other operating charges | 640/8 | €12,593 | €7,818 | -€4,775 | -37.9% |
| Gross operating margin | 9900 | €174,212 | €118,987 | -€55,225 | -31.7% |
| Operating profit (loss) | 9901 | €65,906 | €72,614 | +€6,708 | +10.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €16,019 | €3,234 | -€12,785 | -79.8% |
| Recurring financial charges | 65 | €16,019 | €3,234 | -€12,785 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €49,886 | €69,381 | +€19,495 | +39.1% |
| Income taxes | 67/77 | €14,750 | €16,198 | +€1,448 | +9.8% |
| Profit (loss) for the period | 9904 | €35,136 | €53,183 | +€18,047 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,136 | €53,183 | +€18,047 | +51.4% |
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 7 October 2026 via checked.be.