ExplendIT: 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.
ExplendIT
Largest movements
- Cash -€30,345
down €30,345 (-31.6%), from €96,020 to €65,675
mainly Contributions, distributions and other (-€48,000) and Investment in fixed assets (net) (-€20,637)
- Tangible fixed assets +€9,968
up €9,968 (+104%), from €9,630 to €19,598
- Receivables within one year +€3,263
up €3,263 (+16.8%), from €19,368 to €22,631
of which Other amounts receivable: +€4,802
- Deferred charges and accrued income +€1,522
up €1,522 (+460%), from €331 to €1,853
- Other debts -€18,095
down €18,095 (-26.3%), from €68,892 to €50,796
- Reserves +€9,947
up €9,947 (+34.8%), from €28,590 to €38,537
of which Distributable reserves: +€9,947
- Trade debts -€6,139
down €6,139 (-83.3%), from €7,369 to €1,230
- Tax, wage and social debts -€1,684
down €1,684 (-100%), from €1,684 to €0
of which Taxes: -€1,684
- Gross operating margin +€7,588
up €7,588 (+9.3%), from €81,657 to €89,245
- Financial charges +€5,178
up €5,178, from -€564 to €4,614
- Depreciation +€3,038
up €3,038 (+39.8%), from €7,631 to €10,669
- Taxes +€1,833
up €1,833 (+12.9%), from €14,244 to €16,077
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 | €125,349 | €109,757 | -€15,592 | -12.4% |
| Fixed assets | 21/28 | €9,630 | €19,598 | +€9,968 | +104% |
| Tangible fixed assets | 22/27 | €9,630 | €19,598 | +€9,968 | +104% |
| Plant, machinery and equipment | 23 | €4,419 | €8,327 | +€3,908 | +88.4% |
| Furniture and vehicles | 24 | €5,211 | €7,018 | +€1,807 | +34.7% |
| Other tangible fixed assets | 26 | - | €4,254 | +€4,254 | |
| Current assets | 29/58 | €115,719 | €90,159 | -€25,560 | -22.1% |
| Amounts receivable within one year | 40/41 | €19,368 | €22,631 | +€3,263 | +16.8% |
| Trade receivables | 40 | €18,812 | €17,273 | -€1,539 | -8.2% |
| Other amounts receivable | 41 | €556 | €5,358 | +€4,802 | +864% |
| Cash at bank and in hand | 54/58 | €96,020 | €65,675 | -€30,345 | -31.6% |
| Deferred charges and accrued income | 490/1 | €331 | €1,853 | +€1,522 | +460% |
| Total equity and liabilities | 10/49 | €125,349 | €109,757 | -€15,592 | -12.4% |
| Equity | 10/15 | €47,190 | €57,137 | +€9,947 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,590 | €38,537 | +€9,947 | +34.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €28,590 | €38,537 | +€9,947 | +34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,159 | €52,620 | -€25,538 | -32.7% |
| Amounts payable within one year | 42/48 | €78,159 | €52,620 | -€25,538 | -32.7% |
| Financial debts | 43 | €214 | €594 | +€380 | +178% |
| Credit institutions | 430/8 | €214 | €594 | +€380 | +178% |
| Trade debts | 44 | €7,369 | €1,230 | -€6,139 | -83.3% |
| Suppliers | 440/4 | €7,369 | €1,230 | -€6,139 | -83.3% |
| Taxes, remuneration and social security | 45 | €1,684 | €0 | -€1,684 | -100% |
| Taxes | 450/3 | €1,684 | €0 | -€1,684 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €68,892 | €50,796 | -€18,095 | -26.3% |
| Non-recurring operating income | 76A | €0 | €12,218 | +€12,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,631 | €10,669 | +€3,038 | +39.8% |
| Other operating charges | 640/8 | €890 | €721 | -€169 | -19.0% |
| Gross operating margin | 9900 | €81,657 | €89,245 | +€7,588 | +9.3% |
| Operating profit (loss) | 9901 | €73,136 | €77,855 | +€4,719 | +6.5% |
| Financial income | 75/76B | €456 | €783 | +€328 | +71.9% |
| Recurring financial income | 75 | €456 | €783 | +€328 | +71.9% |
| Financial charges | 65/66B | -€564 | €4,614 | +€5,178 | |
| Recurring financial charges | 65 | -€564 | €4,614 | +€5,178 | |
| Profit (loss) for the period before taxes | 9903 | €74,155 | €74,024 | -€131 | -0.2% |
| Income taxes | 67/77 | €14,244 | €16,077 | +€1,833 | +12.9% |
| Profit (loss) for the period | 9904 | €59,911 | €57,947 | -€1,964 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,911 | €57,947 | -€1,964 | -3.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.