eXplio: 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.
eXplio
Largest movements
- Cash +€25,124
up €25,124 (+16.9%), from €148,337 to €173,461
mainly Net result for the year (+€23,393) and Tax, wage and social debts (+€4,074)
- Deferred charges and accrued income -€3,769
down €3,769 (-42.1%), from €8,953 to €5,184
- Profit (loss) carried forward +€23,393
up €23,393 (+0.3%), from -€8.5m to -€8.5m
- Accrued charges and deferred income -€7,993
no longer reported in 2025 (was €7,993)
- Tax, wage and social debts +€4,074
up €4,074 (+13.4%), from €30,356 to €34,430
of which Remuneration and social security: +€4,862
- Trade debts +€3,144
up €3,144 (+84.0%), from €3,745 to €6,889
- Gross operating margin -€795,005
down €795,005 (-82.1%), from €967,909 to €172,904
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 | €171,710 | €194,327 | +€22,617 | +13.2% |
| Current assets | 29/58 | €171,710 | €194,327 | +€22,617 | +13.2% |
| Amounts receivable within one year | 40/41 | €14,421 | €15,683 | +€1,263 | +8.8% |
| Trade receivables | 40 | €14,421 | €15,683 | +€1,263 | +8.8% |
| Cash at bank and in hand | 54/58 | €148,337 | €173,461 | +€25,124 | +16.9% |
| Deferred charges and accrued income | 490/1 | €8,953 | €5,184 | -€3,769 | -42.1% |
| Total equity and liabilities | 10/49 | €171,710 | €194,327 | +€22,617 | +13.2% |
| Equity | 10/15 | €129,616 | €153,008 | +€23,393 | +18.0% |
| Contributions | 10/11 | €8,606,239 | €8,606,239 | = | 0.0% |
| Capital | 10 | €8,606,239 | €8,606,239 | = | 0.0% |
| Issued capital | 100 | €8,606,239 | €8,606,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,476,624 | -€8,453,231 | +€23,393 | +0.3% |
| Amounts payable | 17/49 | €42,094 | €41,319 | -€775 | -1.8% |
| Amounts payable within one year | 42/48 | €34,101 | €41,319 | +€7,218 | +21.2% |
| Trade debts | 44 | €3,745 | €6,889 | +€3,144 | +84.0% |
| Suppliers | 440/4 | €3,745 | €6,889 | +€3,144 | +84.0% |
| Taxes, remuneration and social security | 45 | €30,356 | €34,430 | +€4,074 | +13.4% |
| Taxes | 450/3 | €15,024 | €14,236 | -€788 | -5.2% |
| Remuneration and social security | 454/9 | €15,332 | €20,194 | +€4,862 | +31.7% |
| Accrued charges and deferred income | 492/3 | €7,993 | - | -€7,993 | |
| Non-recurring operating income | 76A | €725,000 | - | -€725,000 | |
| Remuneration, social security and pensions | 62 | €146,912 | €150,148 | +€3,237 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,409 | -€1,409 | -€2,818 | |
| Other operating charges | 640/8 | €249 | €544 | +€294 | +118% |
| Non-recurring operating charges | 66A | €3,314 | - | -€3,314 | |
| Gross operating margin | 9900 | €967,909 | €172,904 | -€795,005 | -82.1% |
| Operating profit (loss) | 9901 | €816,024 | €23,621 | -€792,404 | -97.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €136 | €228 | +€92 | +67.7% |
| Recurring financial charges | 65 | €136 | €228 | +€92 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €815,889 | €23,393 | -€792,496 | -97.1% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | €815,889 | €23,393 | -€792,496 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €815,889 | €23,393 | -€792,496 | -97.1% |
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 23 October 2026 via checked.be.