EXPLOIMAT: 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.
EXPLOIMAT
Largest movements
- Receivables within one year +€10,942
up €10,942 (+34.7%), from €31,509 to €42,451
of which Trade receivables: +€7,780
- Cash -€1,811
down €1,811 (-55.0%), from €3,293 to €1,482
mainly Receivables within one year (-€10,942) and Tax, wage and social debts (-€2,800)
- Deferred charges and accrued income -€1,000
down €1,000 (-30.8%), from €3,250 to €2,250
- Tangible fixed assets -€528
down €528 (-32.7%), from €1,613 to €1,085
of which Plant, machinery and equipment: -€362
- Profit (loss) carried forward +€10,367
up €10,367, from -€4,007 to €6,360
- Tax, wage and social debts -€2,800
no longer reported in 2025 (was €2,800)
of which Remuneration and social security: -€2,461
- Trade debts +€936
up €936 (+5.7%), from €16,513 to €17,449
- Other debts -€899
down €899 (-19.3%), from €4,667 to €3,768
- Gross operating margin +€18,440
up €18,440, from -€8,901 to €9,540
- Financial income +€3,084
up €3,084 (+7,708,875%), from €0 to €3,084
of which Non-recurring financial income: +€3,083
- Financial charges +€909
up €909 (+238%), from €381 to €1,290
- Depreciation -€96
down €96 (-15.4%), from €624 to €528
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 | €39,665 | €47,269 | +€7,604 | +19.2% |
| Fixed assets | 21/28 | €1,613 | €1,085 | -€528 | -32.7% |
| Tangible fixed assets | 22/27 | €1,613 | €1,085 | -€528 | -32.7% |
| Plant, machinery and equipment | 23 | €1,070 | €707 | -€362 | -33.9% |
| Furniture and vehicles | 24 | €543 | €378 | -€165 | -30.4% |
| Current assets | 29/58 | €38,052 | €46,184 | +€8,131 | +21.4% |
| Amounts receivable within one year | 40/41 | €31,509 | €42,451 | +€10,942 | +34.7% |
| Trade receivables | 40 | €28,757 | €36,537 | +€7,780 | +27.1% |
| Other amounts receivable | 41 | €2,753 | €5,915 | +€3,162 | +115% |
| Cash at bank and in hand | 54/58 | €3,293 | €1,482 | -€1,811 | -55.0% |
| Deferred charges and accrued income | 490/1 | €3,250 | €2,250 | -€1,000 | -30.8% |
| Total equity and liabilities | 10/49 | €39,665 | €47,269 | +€7,604 | +19.2% |
| Equity | 10/15 | €15,686 | €26,053 | +€10,367 | +66.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,101 | €1,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,101 | €1,101 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,101 | €1,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,007 | €6,360 | +€10,367 | |
| Amounts payable | 17/49 | €23,979 | €21,217 | -€2,763 | -11.5% |
| Amounts payable within one year | 42/48 | €23,979 | €21,217 | -€2,763 | -11.5% |
| Trade debts | 44 | €16,513 | €17,449 | +€936 | +5.7% |
| Suppliers | 440/4 | €16,513 | €17,449 | +€936 | +5.7% |
| Taxes, remuneration and social security | 45 | €2,800 | - | -€2,800 | |
| Taxes | 450/3 | €339 | - | -€339 | |
| Remuneration and social security | 454/9 | €2,461 | - | -€2,461 | |
| Other amounts payable | 47/48 | €4,667 | €3,768 | -€899 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | €528 | -€96 | -15.4% |
| Other operating charges | 640/8 | €401 | €439 | +€39 | +9.6% |
| Non-recurring operating charges | 66A | €216 | - | -€216 | |
| Gross operating margin | 9900 | -€8,901 | €9,540 | +€18,440 | |
| Operating profit (loss) | 9901 | -€10,140 | €8,573 | +€18,713 | |
| Financial income | 75/76B | €0 | €3,084 | +€3,084 | +7,708,875% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +875% |
| Non-recurring financial income | 76B | - | €3,083 | +€3,083 | |
| Financial charges | 65/66B | €381 | €1,290 | +€909 | +238% |
| Recurring financial charges | 65 | €381 | €1,290 | +€909 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€10,522 | €10,367 | +€20,888 | |
| Profit (loss) for the period | 9904 | -€10,522 | €10,367 | +€20,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,522 | €10,367 | +€20,888 |
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.