EXPLIK: 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.
EXPLIK
Largest movements
- Cash +€56,366
up €56,366 (+45.0%), from €125,311 to €181,677
mainly Other debts (+€69,279) and Net result for the year (+€55,623)
- Receivables within one year +€2,526
up €2,526 (+8.7%), from €29,116 to €31,642
- Other debts +€69,279
up €69,279 (+4883.2%), from €1,419 to €70,698
- Profit (loss) carried forward -€14,965
down €14,965 (-11.8%), from €127,343 to €112,378
- Tax, wage and social debts +€3,138
up €3,138 (+15.0%), from €20,872 to €24,010
- Gross operating margin +€9,992
up €9,992 (+15.0%), from €66,816 to €76,808
- Taxes +€2,184
up €2,184 (+16.2%), from €13,457 to €15,641
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 | €160,794 | €218,766 | +€57,972 | +36.1% |
| Fixed assets | 21/28 | €4,282 | €2,677 | -€1,605 | -37.5% |
| Tangible fixed assets | 22/27 | €4,282 | €2,677 | -€1,605 | -37.5% |
| Plant, machinery and equipment | 23 | €1,623 | €1,208 | -€415 | -25.6% |
| Furniture and vehicles | 24 | €2,659 | €1,469 | -€1,191 | -44.8% |
| Current assets | 29/58 | €156,512 | €216,089 | +€59,577 | +38.1% |
| Amounts receivable within one year | 40/41 | €29,116 | €31,642 | +€2,526 | +8.7% |
| Trade receivables | 40 | €29,116 | €31,642 | +€2,526 | +8.7% |
| Cash at bank and in hand | 54/58 | €125,311 | €181,677 | +€56,366 | +45.0% |
| Deferred charges and accrued income | 490/1 | €2,085 | €2,770 | +€685 | +32.9% |
| Total equity and liabilities | 10/49 | €160,794 | €218,766 | +€57,972 | +36.1% |
| Equity | 10/15 | €132,343 | €117,378 | -€14,965 | -11.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,343 | €112,378 | -€14,965 | -11.8% |
| Amounts payable | 17/49 | €28,451 | €101,388 | +€72,937 | +256.4% |
| Amounts payable within one year | 42/48 | €28,451 | €101,215 | +€72,764 | +255.8% |
| Trade debts | 44 | €6,161 | €6,508 | +€347 | +5.6% |
| Suppliers | 440/4 | €6,161 | €6,508 | +€347 | +5.6% |
| Taxes, remuneration and social security | 45 | €20,872 | €24,010 | +€3,138 | +15.0% |
| Taxes | 450/3 | €20,872 | €24,010 | +€3,138 | +15.0% |
| Other amounts payable | 47/48 | €1,419 | €70,698 | +€69,279 | +4883.2% |
| Accrued charges and deferred income | 492/3 | €0 | €173 | +€173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,101 | €2,978 | -€123 | -4.0% |
| Other operating charges | 640/8 | €875 | €975 | +€101 | +11.5% |
| Gross operating margin | 9900 | €66,816 | €76,808 | +€9,992 | +15.0% |
| Operating profit (loss) | 9901 | €62,840 | €72,855 | +€10,015 | +15.9% |
| Financial income | 75/76B | €0 | €110 | +€110 | |
| Recurring financial income | 75 | €0 | €110 | +€110 | |
| Financial charges | 65/66B | €1,947 | €1,700 | -€247 | -12.7% |
| Recurring financial charges | 65 | €1,947 | €1,700 | -€247 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €60,893 | €71,265 | +€10,372 | +17.0% |
| Income taxes | 67/77 | €13,457 | €15,641 | +€2,184 | +16.2% |
| Profit (loss) for the period | 9904 | €47,436 | €55,623 | +€8,187 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,436 | €55,623 | +€8,187 | +17.3% |
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.