Explodential: 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.
Explodential
Largest movements
- Cash -€105,238
down €105,238 (-98.1%), from €107,278 to €2,040
mainly Contributions, distributions and other (-€100,138) and Investment in fixed assets (net) (-€65,637)
- Tangible fixed assets +€56,019
up €56,019 (+117.4%), from €47,718 to €103,738
of which Other tangible fixed assets: +€60,697
- Current investments +€56,000
new in 2025: €56,000
- Receivables within one year +€4,270
up €4,270 (+54.8%), from €7,788 to €12,058
- Reserves +€17,880
up €17,880 (+14.9%), from €119,654 to €137,534
of which Tax-exempt reserves: +€33,680
- Other debts -€5,903
down €5,903 (-94.1%), from €6,271 to €368
- Gross operating margin +€67,129
up €67,129 (+65.3%), from €102,814 to €169,943
- Taxes +€9,444
up €9,444 (+35.1%), from €26,941 to €36,385
- Depreciation +€3,904
up €3,904 (+68.3%), from €5,714 to €9,618
- Other operating charges +€2,311
up €2,311 (+232.5%), from €994 to €3,306
- Financial charges +€2,286
up €2,286 (+574.3%), from €398 to €2,684
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 | €175,885 | €185,157 | +€9,272 | +5.3% |
| Fixed assets | 21/28 | €48,081 | €104,101 | +€56,019 | +116.5% |
| Tangible fixed assets | 22/27 | €47,718 | €103,738 | +€56,019 | +117.4% |
| Furniture and vehicles | 24 | €11,815 | €7,138 | -€4,678 | -39.6% |
| Other tangible fixed assets | 26 | €35,903 | €96,600 | +€60,697 | +169.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €127,804 | €81,057 | -€46,747 | -36.6% |
| Amounts receivable within one year | 40/41 | €7,788 | €12,058 | +€4,270 | +54.8% |
| Trade receivables | 40 | €7,788 | €12,058 | +€4,270 | +54.8% |
| Current investments | 50/53 | - | €56,000 | +€56,000 | |
| Cash at bank and in hand | 54/58 | €107,278 | €2,040 | -€105,238 | -98.1% |
| Deferred charges and accrued income | 490/1 | €12,738 | €10,958 | -€1,779 | -14.0% |
| Total equity and liabilities | 10/49 | €175,885 | €185,157 | +€9,272 | +5.3% |
| Equity | 10/15 | €138,254 | €156,134 | +€17,880 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,654 | €137,534 | +€17,880 | +14.9% |
| Tax-exempt reserves | 132 | - | €33,680 | +€33,680 | |
| Distributable reserves | 133 | €119,654 | €103,854 | -€15,800 | -13.2% |
| Amounts payable | 17/49 | €37,631 | €29,024 | -€8,608 | -22.9% |
| Amounts payable within one year | 42/48 | €37,631 | €29,024 | -€8,608 | -22.9% |
| Financial debts | 43 | €999 | €59 | -€940 | -94.1% |
| Credit institutions | 430/8 | €999 | €59 | -€940 | -94.1% |
| Trade debts | 44 | €2,597 | €2,578 | -€19 | -0.7% |
| Suppliers | 440/4 | €2,597 | €2,578 | -€19 | -0.7% |
| Taxes, remuneration and social security | 45 | €27,764 | €26,018 | -€1,745 | -6.3% |
| Taxes | 450/3 | €27,764 | €24,348 | -€3,416 | -12.3% |
| Remuneration and social security | 454/9 | - | €1,670 | +€1,670 | |
| Other amounts payable | 47/48 | €6,271 | €368 | -€5,903 | -94.1% |
| Non-recurring operating income | 76A | €3,553 | - | -€3,553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €9,618 | +€3,904 | +68.3% |
| Other operating charges | 640/8 | €994 | €3,306 | +€2,311 | +232.5% |
| Gross operating margin | 9900 | €102,814 | €169,943 | +€67,129 | +65.3% |
| Operating profit (loss) | 9901 | €96,106 | €157,020 | +€60,914 | +63.4% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €398 | €2,684 | +€2,286 | +574.3% |
| Recurring financial charges | 65 | €398 | €2,684 | +€2,286 | +574.3% |
| Profit (loss) for the period before taxes | 9903 | €95,708 | €154,403 | +€58,695 | +61.3% |
| Income taxes | 67/77 | €26,941 | €36,385 | +€9,444 | +35.1% |
| Profit (loss) for the period | 9904 | €68,767 | €118,018 | +€49,251 | +71.6% |
| Transfer to tax-exempt reserves | 689 | - | €33,680 | +€33,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,767 | €84,338 | +€15,571 | +22.6% |
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 12 October 2026 via checked.be.