EXOVICE: what changed
EXOVICE
Largest movements
- Receivables within one year +€24,952
up €24,952 (+136%), from €18,330 to €43,282
of which Trade receivables: +€21,780
- Cash -€23,605
down €23,605 (-74.9%), from €31,528 to €7,923
mainly Contributions, distributions and other (-€55,405) and Receivables within one year (-€24,952)
- Tangible fixed assets -€10,374
down €10,374 (-14.6%), from €70,914 to €60,540
of which Other tangible fixed assets: -€7,381
- Other debts +€54,019
up €54,019 (+3,896%), from €1,386 to €55,405
- Profit (loss) carried forward -€50,844
down €50,844 (-100%), from €50,844 to €0
- Tax, wage and social debts -€12,054
down €12,054 (-53.1%), from €22,703 to €10,650
- Debts after one year -€4,175
down €4,175 (-10.7%), from €39,194 to €35,020
- Short-term financial debts +€2,941
new in 2025: €2,941
- Gross operating margin -€15,265
down €15,265 (-41.5%), from €36,777 to €21,513
- Taxes -€2,388
down €2,388 (-44.0%), from €5,431 to €3,043
- Depreciation +€802
up €802 (+8.4%), from €9,572 to €10,374
- Other operating charges +€649
up €649 (+128%), from €505 to €1,154
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,199 | €115,402 | -€8,797 | -7.1% |
| Fixed assets | 21/28 | €70,914 | €60,540 | -€10,374 | -14.6% |
| Tangible fixed assets | 22/27 | €70,914 | €60,540 | -€10,374 | -14.6% |
| Plant, machinery and equipment | 23 | €2,511 | €1,437 | -€1,074 | -42.8% |
| Furniture and vehicles | 24 | €3,287 | €1,368 | -€1,920 | -58.4% |
| Other tangible fixed assets | 26 | €65,116 | €57,736 | -€7,381 | -11.3% |
| Current assets | 29/58 | €53,285 | €54,862 | +€1,577 | +3.0% |
| Amounts receivable within one year | 40/41 | €18,330 | €43,282 | +€24,952 | +136% |
| Trade receivables | 40 | €14,520 | €36,300 | +€21,780 | +150% |
| Other amounts receivable | 41 | €3,810 | €6,982 | +€3,172 | +83.3% |
| Cash at bank and in hand | 54/58 | €31,528 | €7,923 | -€23,605 | -74.9% |
| Deferred charges and accrued income | 490/1 | €3,427 | €3,656 | +€229 | +6.7% |
| Total equity and liabilities | 10/49 | €124,199 | €115,402 | -€8,797 | -7.1% |
| Equity | 10/15 | €53,844 | €3,000 | -€50,844 | -94.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,844 | €0 | -€50,844 | -100% |
| Amounts payable | 17/49 | €70,354 | €112,402 | +€42,047 | +59.8% |
| Amounts payable after more than one year | 17 | €39,194 | €35,020 | -€4,175 | -10.7% |
| Financial debts | 170/4 | €39,194 | €35,020 | -€4,175 | -10.7% |
| Amounts payable within one year | 42/48 | €31,053 | €77,382 | +€46,328 | +149% |
| Current portion of amounts payable after more than one year | 42 | €4,676 | €4,526 | -€150 | -3.2% |
| Financial debts | 43 | - | €2,941 | +€2,941 | |
| Other loans | 439 | - | €2,941 | +€2,941 | |
| Trade debts | 44 | €2,287 | €3,860 | +€1,573 | +68.8% |
| Suppliers | 440/4 | €2,287 | €3,860 | +€1,573 | +68.8% |
| Taxes, remuneration and social security | 45 | €22,703 | €10,650 | -€12,054 | -53.1% |
| Taxes | 450/3 | €22,703 | €10,650 | -€12,054 | -53.1% |
| Other amounts payable | 47/48 | €1,386 | €55,405 | +€54,019 | +3,896% |
| Accrued charges and deferred income | 492/3 | €107 | €0 | -€107 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,572 | €10,374 | +€802 | +8.4% |
| Other operating charges | 640/8 | €505 | €1,154 | +€649 | +128% |
| Gross operating margin | 9900 | €36,777 | €21,513 | -€15,265 | -41.5% |
| Operating profit (loss) | 9901 | €26,700 | €9,985 | -€16,715 | -62.6% |
| Financial income | 75/76B | €0 | €194 | +€194 | |
| Recurring financial income | 75 | €0 | €194 | +€194 | |
| Financial charges | 65/66B | €2,794 | €2,575 | -€219 | -7.8% |
| Recurring financial charges | 65 | €2,794 | €2,575 | -€219 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €23,906 | €7,604 | -€16,302 | -68.2% |
| Income taxes | 67/77 | €5,431 | €3,043 | -€2,388 | -44.0% |
| Profit (loss) for the period | 9904 | €18,475 | €4,561 | -€13,914 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,475 | €4,561 | -€13,914 | -75.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.