Exponensales: 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.
Exponensales
Largest movements
- Receivables within one year -€71,967
down €71,967 (-86.5%), from €83,153 to €11,185
of which Trade receivables: -€53,338
- Cash -€22,311
down €22,311 (-51.5%), from €43,313 to €21,002
mainly Net result for the year (-€151,925) and Trade debts (-€25,296)
- Financial fixed assets -€12,795
down €12,795 (-99.1%), from €12,914 to €119
- Tangible fixed assets -€10,606
down €10,606 (-56.9%), from €18,636 to €8,030
of which Plant, machinery and equipment: -€8,624
- Deferred charges and accrued income +€2,542
new in 2025: €2,542
- Profit (loss) carried forward -€151,925
down €151,925, from €83,450 to -€68,475
- Debts after one year +€51,111
up €51,111, from €0 to €51,111
- Trade debts -€25,296
down €25,296 (-52.9%), from €47,778 to €22,481
- Tax, wage and social debts +€10,981
up €10,981 (+106%), from €10,336 to €21,317
of which Remuneration and social security: +€10,648
- Gross operating margin -€541,685
down €541,685 (-99.2%), from €546,090 to €4,405
- Purchases and services -€282,537
no longer reported in 2025 (was €282,537)
- Turnover -€178,051
no longer reported in 2025 (was €178,051)
- Taxes -€61,690
down €61,690 (-99.2%), from €62,188 to €498
- Financial charges -€42,180
down €42,180 (-94.2%), from €44,794 to €2,614
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 | €158,152 | €42,879 | -€115,273 | -72.9% |
| Formation expenses | 20 | €136 | €0 | -€136 | -100% |
| Fixed assets | 21/28 | €31,550 | €8,149 | -€23,401 | -74.2% |
| Tangible fixed assets | 22/27 | €18,636 | €8,030 | -€10,606 | -56.9% |
| Plant, machinery and equipment | 23 | €16,567 | €7,943 | -€8,624 | -52.1% |
| Furniture and vehicles | 24 | €2,069 | €87 | -€1,982 | -95.8% |
| Financial fixed assets | 28 | €12,914 | €119 | -€12,795 | -99.1% |
| Current assets | 29/58 | €126,466 | €34,730 | -€91,736 | -72.5% |
| Amounts receivable within one year | 40/41 | €83,153 | €11,185 | -€71,967 | -86.5% |
| Trade receivables | 40 | €63,254 | €9,916 | -€53,338 | -84.3% |
| Other amounts receivable | 41 | €19,898 | €1,269 | -€18,629 | -93.6% |
| Cash at bank and in hand | 54/58 | €43,313 | €21,002 | -€22,311 | -51.5% |
| Deferred charges and accrued income | 490/1 | - | €2,542 | +€2,542 | |
| Total equity and liabilities | 10/49 | €158,152 | €42,879 | -€115,273 | -72.9% |
| Equity | 10/15 | €98,450 | -€53,475 | -€151,925 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,450 | -€68,475 | -€151,925 | |
| Amounts payable | 17/49 | €59,702 | €96,353 | +€36,651 | +61.4% |
| Amounts payable after more than one year | 17 | €0 | €51,111 | +€51,111 | |
| Other amounts payable | 178/9 | €0 | €51,111 | +€51,111 | |
| Amounts payable within one year | 42/48 | €59,702 | €45,242 | -€14,460 | -24.2% |
| Trade debts | 44 | €47,778 | €22,481 | -€25,296 | -52.9% |
| Suppliers | 440/4 | €47,778 | €22,481 | -€25,296 | -52.9% |
| Taxes, remuneration and social security | 45 | €10,336 | €21,317 | +€10,981 | +106% |
| Taxes | 450/3 | €5,884 | €6,217 | +€333 | +5.7% |
| Remuneration and social security | 454/9 | €4,452 | €15,100 | +€10,648 | +239% |
| Other amounts payable | 47/48 | €1,588 | €1,443 | -€145 | -9.1% |
| Turnover | 70 | €178,051 | - | -€178,051 | |
| Goods, raw materials, services and sundry goods | 60/61 | €282,537 | - | -€282,537 | |
| Remuneration, social security and pensions | 62 | €110,220 | €125,474 | +€15,254 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,665 | €10,742 | -€5,923 | -35.5% |
| Other operating charges | 640/8 | €14,326 | €17,003 | +€2,676 | +18.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €546,090 | €4,405 | -€541,685 | -99.2% |
| Operating profit (loss) | 9901 | €404,879 | -€148,813 | -€553,692 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €44,794 | €2,614 | -€42,180 | -94.2% |
| Recurring financial charges | 65 | €44,794 | €2,614 | -€42,180 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €360,091 | -€151,427 | -€511,517 | |
| Income taxes | 67/77 | €62,188 | €498 | -€61,690 | -99.2% |
| Profit (loss) for the period | 9904 | €297,903 | -€151,925 | -€449,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €297,903 | -€151,925 | -€449,827 |
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.