EXSAFISC: 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.
EXSAFISC
Largest movements
- Receivables within one year -€53,202
down €53,202 (-73.6%), from €72,276 to €19,074
of which Other amounts receivable: -€57,027
- Cash +€38,734
up €38,734 (+228%), from €17,026 to €55,760
mainly Net result for the year (+€68,573) and Other debts (+€53,214)
- Tangible fixed assets -€1,935
down €1,935 (-52.7%), from €3,673 to €1,739
- Profit (loss) carried forward -€85,792
down €85,792 (-100%), from €85,792 to €0
- Other debts +€53,214
new in 2025: €53,214
- Tax, wage and social debts +€16,859
up €16,859 (+278%), from €6,071 to €22,930
- Gross operating margin +€35,267
up €35,267 (+58.6%), from €60,228 to €95,496
- Taxes +€9,001
up €9,001 (+57.3%), from €15,700 to €24,702
- Write-downs -€1,120
down €1,120 (-100%), from €1,120 to €0
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 | €94,046 | €78,453 | -€15,593 | -16.6% |
| Fixed assets | 21/28 | €3,673 | €1,739 | -€1,935 | -52.7% |
| Tangible fixed assets | 22/27 | €3,673 | €1,739 | -€1,935 | -52.7% |
| Furniture and vehicles | 24 | €3,673 | €1,739 | -€1,935 | -52.7% |
| Current assets | 29/58 | €90,373 | €76,714 | -€13,659 | -15.1% |
| Amounts receivable within one year | 40/41 | €72,276 | €19,074 | -€53,202 | -73.6% |
| Trade receivables | 40 | €14,951 | €18,776 | +€3,825 | +25.6% |
| Other amounts receivable | 41 | €57,325 | €298 | -€57,027 | -99.5% |
| Cash at bank and in hand | 54/58 | €17,026 | €55,760 | +€38,734 | +228% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,880 | +€809 | +75.5% |
| Total equity and liabilities | 10/49 | €94,046 | €78,453 | -€15,593 | -16.6% |
| Equity | 10/15 | €87,792 | €2,000 | -€85,792 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,792 | €0 | -€85,792 | -100% |
| Amounts payable | 17/49 | €6,254 | €76,453 | +€70,199 | +1,122% |
| Amounts payable within one year | 42/48 | €6,238 | €76,437 | +€70,198 | +1,125% |
| Trade debts | 44 | €167 | €292 | +€125 | +74.8% |
| Suppliers | 440/4 | €167 | €292 | +€125 | +74.8% |
| Taxes, remuneration and social security | 45 | €6,071 | €22,930 | +€16,859 | +278% |
| Taxes | 450/3 | €6,071 | €22,930 | +€16,859 | +278% |
| Other amounts payable | 47/48 | - | €53,214 | +€53,214 | |
| Accrued charges and deferred income | 492/3 | €16 | €16 | +€0 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,935 | €1,935 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,120 | €0 | -€1,120 | -100% |
| Other operating charges | 640/8 | €63 | €300 | +€237 | +376% |
| Gross operating margin | 9900 | €60,228 | €95,496 | +€35,267 | +58.6% |
| Operating profit (loss) | 9901 | €57,111 | €93,261 | +€36,151 | +63.3% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €42 | €43 | +€1 | +3.2% |
| Recurring financial charges | 65 | €42 | €43 | +€1 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €57,069 | €93,275 | +€36,206 | +63.4% |
| Income taxes | 67/77 | €15,700 | €24,702 | +€9,001 | +57.3% |
| Profit (loss) for the period | 9904 | €41,369 | €68,573 | +€27,205 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,369 | €68,573 | +€27,205 | +65.8% |
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 16 October 2026 via checked.be.