ExoXpert: 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.
ExoXpert
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+99.7%), from €1.0m to €2.0m
of which Other amounts receivable: +€1.1m
- Other debts +€1.7m
up €1.7m (+506%), from €343,271 to €2.1m
- Profit (loss) carried forward -€1.7m
down €1.7m (-76.3%), from -€2.2m to -€4.0m
- Trade debts +€1.1m
up €1.1m (+45.5%), from €2.4m to €3.5m
- Tax, wage and social debts -€124,105
down €124,105 (-27.8%), from €445,816 to €321,711
of which Remuneration and social security: -€67,326
- Other operating charges -€804,085
down €804,085 (-34.7%), from €2.3m to €1.5m
- Purchases and services +€356,340
new in 2025: €356,340
- Gross operating margin -€332,605
down €332,605 (-31.4%), from €1.1m to €726,952
- Staff costs -€113,401
down €113,401 (-11.6%), from €975,475 to €862,074
- Financial charges +€52,359
up €52,359 (+1,670%), from €3,135 to €55,493
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.
Derived cash bridge
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 | €1,038,268 | €2,050,587 | +€1.0m | +97.5% |
| Formation expenses | 20 | €1,272 | €952 | -€320 | -25.2% |
| Fixed assets | 21/28 | €8,109 | €6,171 | -€1,938 | -23.9% |
| Intangible fixed assets | 21 | €7,914 | €5,976 | -€1,938 | -24.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €1,028,887 | €2,043,465 | +€1.0m | +98.6% |
| Amounts receivable within one year | 40/41 | €1,017,086 | €2,031,410 | +€1.0m | +99.7% |
| Trade receivables | 40 | €78,472 | - | -€78,472 | |
| Other amounts receivable | 41 | €938,614 | €2,031,410 | +€1.1m | +116% |
| Cash at bank and in hand | 54/58 | €11,081 | €4,919 | -€6,163 | -55.6% |
| Deferred charges and accrued income | 490/1 | €720 | €7,136 | +€6,417 | +892% |
| Total equity and liabilities | 10/49 | €1,038,268 | €2,050,587 | +€1.0m | +97.5% |
| Equity | 10/15 | -€2,190,370 | -€3,900,147 | -€1.7m | -78.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,240,370 | -€3,950,147 | -€1.7m | -76.3% |
| Amounts payable | 17/49 | €3,228,637 | €5,950,735 | +€2.7m | +84.3% |
| Amounts payable within one year | 42/48 | €3,228,637 | €5,950,735 | +€2.7m | +84.3% |
| Trade debts | 44 | €2,439,550 | €3,549,736 | +€1.1m | +45.5% |
| Suppliers | 440/4 | €2,439,550 | €3,549,736 | +€1.1m | +45.5% |
| Taxes, remuneration and social security | 45 | €445,816 | €321,711 | -€124,105 | -27.8% |
| Taxes | 450/3 | €183,988 | €127,209 | -€56,779 | -30.9% |
| Remuneration and social security | 454/9 | €261,828 | €194,502 | -€67,326 | -25.7% |
| Other amounts payable | 47/48 | €343,271 | €2,079,288 | +€1.7m | +506% |
| Turnover | 70 | - | €42,100 | +€42,100 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €356,340 | +€356,340 | |
| Remuneration, social security and pensions | 62 | €975,475 | €862,074 | -€113,401 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,106 | €2,258 | +€152 | +7.2% |
| Other operating charges | 640/8 | €2,319,210 | €1,515,125 | -€804,085 | -34.7% |
| Gross operating margin | 9900 | €1,059,557 | €726,952 | -€332,605 | -31.4% |
| Operating profit (loss) | 9901 | -€2,237,235 | -€1,652,506 | +€584,729 | +26.1% |
| Financial charges | 65/66B | €3,135 | €55,493 | +€52,359 | +1,670% |
| Recurring financial charges | 65 | €3,135 | €55,493 | +€52,359 | +1,670% |
| Profit (loss) for the period before taxes | 9903 | -€2,240,370 | -€1,707,999 | +€532,371 | +23.8% |
| Income taxes | 67/77 | - | €1,779 | +€1,779 | |
| Profit (loss) for the period | 9904 | -€2,240,370 | -€1,709,778 | +€530,592 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,240,370 | -€1,709,778 | +€530,592 | +23.7% |
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 16 October 2026 via checked.be.