Explorescence SRL: 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.
Explorescence SRL
Largest movements
- Receivables within one year +€22,192
up €22,192 (+1940.5%), from €1,144 to €23,336
of which Trade receivables: +€22,262
- Tangible fixed assets -€4,851
down €4,851 (-15.7%), from €30,860 to €26,009
of which Other tangible fixed assets: -€2,644
- Cash -€2,733
down €2,733 (-31.8%), from €8,602 to €5,869
mainly Receivables within one year (-€22,192) and Other debts (-€8,102)
- Deferred charges and accrued income -€2,258
down €2,258 (-78.7%), from €2,869 to €611
- Trade debts +€12,481
up €12,481 (+264.7%), from €4,715 to €17,196
- Other debts -€8,102
down €8,102 (-39.5%), from €20,516 to €12,414
- Reserves +€6,706
up €6,706 (+134.1%), from €5,000 to €11,706
- Tax, wage and social debts +€1,264
up €1,264 (+15.7%), from €8,035 to €9,299
of which Taxes: +€3,025
- Gross operating margin +€2,953
up €2,953 (+17.7%), from €16,641 to €19,594
- Depreciation +€1,775
up €1,775 (+37.8%), from €4,694 to €6,469
- Taxes -€356
down €356 (-9.9%), from €3,591 to €3,234
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 | €43,474 | €55,825 | +€12,350 | +28.4% |
| Fixed assets | 21/28 | €30,860 | €26,009 | -€4,851 | -15.7% |
| Tangible fixed assets | 22/27 | €30,860 | €26,009 | -€4,851 | -15.7% |
| Furniture and vehicles | 24 | €12,187 | €9,980 | -€2,207 | -18.1% |
| Other tangible fixed assets | 26 | €18,673 | €16,029 | -€2,644 | -14.2% |
| Current assets | 29/58 | €12,615 | €29,816 | +€17,201 | +136.4% |
| Amounts receivable within one year | 40/41 | €1,144 | €23,336 | +€22,192 | +1940.5% |
| Trade receivables | 40 | €1,073 | €23,336 | +€22,262 | +2073.9% |
| Other amounts receivable | 41 | €70 | €0 | -€70 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,602 | €5,869 | -€2,733 | -31.8% |
| Deferred charges and accrued income | 490/1 | €2,869 | €611 | -€2,258 | -78.7% |
| Total equity and liabilities | 10/49 | €43,474 | €55,825 | +€12,350 | +28.4% |
| Equity | 10/15 | €10,209 | €16,916 | +€6,706 | +65.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €11,706 | +€6,706 | +134.1% |
| Distributable reserves | 133 | €5,000 | €11,706 | +€6,706 | +134.1% |
| Profit (loss) carried forward | 14 | €209 | €209 | = | 0.0% |
| Amounts payable | 17/49 | €33,265 | €38,909 | +€5,644 | +17.0% |
| Amounts payable within one year | 42/48 | €33,265 | €38,909 | +€5,644 | +17.0% |
| Trade debts | 44 | €4,715 | €17,196 | +€12,481 | +264.7% |
| Suppliers | 440/4 | €4,715 | €17,196 | +€12,481 | +264.7% |
| Taxes, remuneration and social security | 45 | €8,035 | €9,299 | +€1,264 | +15.7% |
| Taxes | 450/3 | €3,591 | €6,616 | +€3,025 | +84.3% |
| Remuneration and social security | 454/9 | €4,445 | €2,683 | -€1,761 | -39.6% |
| Other amounts payable | 47/48 | €20,516 | €12,414 | -€8,102 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,694 | €6,469 | +€1,775 | +37.8% |
| Other operating charges | 640/8 | €3,093 | €2,964 | -€128 | -4.2% |
| Gross operating margin | 9900 | €16,641 | €19,594 | +€2,953 | +17.7% |
| Operating profit (loss) | 9901 | €8,854 | €10,161 | +€1,307 | +14.8% |
| Financial income | 75/76B | €38 | €63 | +€25 | +65.8% |
| Recurring financial income | 75 | €38 | €63 | +€25 | +65.8% |
| Financial charges | 65/66B | €92 | €283 | +€191 | +206.2% |
| Recurring financial charges | 65 | €92 | €283 | +€191 | +206.2% |
| Profit (loss) for the period before taxes | 9903 | €8,800 | €9,941 | +€1,141 | +13.0% |
| Income taxes | 67/77 | €3,591 | €3,234 | -€356 | -9.9% |
| Profit (loss) for the period | 9904 | €5,209 | €6,706 | +€1,497 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,209 | €6,706 | +€1,497 | +28.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.