Exquillin Digital: 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.
Exquillin Digital
Largest movements
- Cash +€47,465
up €47,465 (+40.3%), from €117,842 to €165,307
mainly Net result for the year (+€67,821) and Tax, wage and social debts (+€29,205)
- Current investments +€45,000
up €45,000 (+33.2%), from €135,423 to €180,423
- Reserves +€60,000
up €60,000 (+40.0%), from €150,000 to €210,000
- Tax, wage and social debts +€29,205
up €29,205 (+220%), from €13,294 to €42,500
- Profit (loss) carried forward +€7,821
up €7,821 (+7.6%), from €103,376 to €111,196
- Gross operating margin +€24,118
up €24,118 (+32.8%), from €73,526 to €97,644
- Taxes +€8,116
up €8,116 (+43.8%), from €18,519 to €26,635
- Financial charges -€3,816
down €3,816 (-98.9%), from €3,859 to €44
- Other operating charges -€1,671
down €1,671 (-80.7%), from €2,070 to €400
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 | €285,658 | €380,421 | +€94,763 | +33.2% |
| Fixed assets | 21/28 | €4,032 | €7,410 | +€3,378 | +83.8% |
| Tangible fixed assets | 22/27 | €4,032 | €7,410 | +€3,378 | +83.8% |
| Furniture and vehicles | 24 | €4,032 | €1,988 | -€2,044 | -50.7% |
| Other tangible fixed assets | 26 | - | €5,422 | +€5,422 | |
| Current assets | 29/58 | €281,626 | €373,010 | +€91,384 | +32.4% |
| Amounts receivable within one year | 40/41 | €28,361 | €27,281 | -€1,081 | -3.8% |
| Trade receivables | 40 | €28,361 | €27,281 | -€1,081 | -3.8% |
| Current investments | 50/53 | €135,423 | €180,423 | +€45,000 | +33.2% |
| Cash at bank and in hand | 54/58 | €117,842 | €165,307 | +€47,465 | +40.3% |
| Total equity and liabilities | 10/49 | €285,658 | €380,421 | +€94,763 | +33.2% |
| Equity | 10/15 | €267,636 | €335,456 | +€67,821 | +25.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €150,000 | €210,000 | +€60,000 | +40.0% |
| Distributable reserves | 133 | €150,000 | €210,000 | +€60,000 | +40.0% |
| Profit (loss) carried forward | 14 | €103,376 | €111,196 | +€7,821 | +7.6% |
| Amounts payable | 17/49 | €18,023 | €44,964 | +€26,942 | +149% |
| Amounts payable within one year | 42/48 | €18,023 | €44,964 | +€26,942 | +149% |
| Trade debts | 44 | €59 | €117 | +€58 | +97.7% |
| Suppliers | 440/4 | €59 | €117 | +€58 | +97.7% |
| Taxes, remuneration and social security | 45 | €13,294 | €42,500 | +€29,205 | +220% |
| Taxes | 450/3 | €13,294 | €42,500 | +€29,205 | +220% |
| Other amounts payable | 47/48 | €4,669 | €2,348 | -€2,321 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,358 | €2,759 | +€401 | +17.0% |
| Other operating charges | 640/8 | €2,070 | €400 | -€1,671 | -80.7% |
| Gross operating margin | 9900 | €73,526 | €97,644 | +€24,118 | +32.8% |
| Operating profit (loss) | 9901 | €69,098 | €94,486 | +€25,388 | +36.7% |
| Financial income | 75/76B | €191 | €14 | -€176 | -92.6% |
| Recurring financial income | 75 | €191 | €14 | -€176 | -92.6% |
| Financial charges | 65/66B | €3,859 | €44 | -€3,816 | -98.9% |
| Recurring financial charges | 65 | €3,859 | €44 | -€3,816 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €65,429 | €94,456 | +€29,027 | +44.4% |
| Income taxes | 67/77 | €18,519 | €26,635 | +€8,116 | +43.8% |
| Profit (loss) for the period | 9904 | €46,910 | €67,821 | +€20,911 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,910 | €67,821 | +€20,911 | +44.6% |
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 19 October 2026 via checked.be.