EXSAN AIR: what changed
EXSAN AIR
Largest movements
- Cash +€19,573
up €19,573 (+10.6%), from €183,955 to €203,528
mainly Net result for the year (+€16,410) and Tax, wage and social debts (+€11,310)
- Receivables within one year +€9,636
up €9,636 (+7.4%), from €129,870 to €139,506
of which Trade receivables: +€7,866
- Reserves +€16,410
up €16,410 (+8.7%), from €189,629 to €206,038
of which Distributable reserves: +€16,410
- Tax, wage and social debts +€11,310
up €11,310 (+17.8%), from €63,623 to €74,933
of which Remuneration and social security: +€27,705
- Staff costs +€73,526
up €73,526 (+30.3%), from €242,451 to €315,977
- Gross operating margin +€71,954
up €71,954 (+26.0%), from €277,044 to €348,998
- Turnover +€44,065
up €44,065 (+13.4%), from €329,179 to €373,244
- Purchases and services -€27,387
down €27,387 (-47.0%), from €58,222 to €30,834
- Taxes +€4,194
up €4,194 (+38.0%), from €11,030 to €15,223
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €316,013 | €344,811 | +€28,798 | +9.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €316,013 | €344,811 | +€28,798 | +9.1% |
| Amounts receivable within one year | 40/41 | €129,870 | €139,506 | +€9,636 | +7.4% |
| Trade receivables | 40 | €129,863 | €137,729 | +€7,866 | +6.1% |
| Other amounts receivable | 41 | €6 | €1,777 | +€1,770 | +28,190% |
| Cash at bank and in hand | 54/58 | €183,955 | €203,528 | +€19,573 | +10.6% |
| Deferred charges and accrued income | 490/1 | €2,188 | €1,777 | -€411 | -18.8% |
| Total equity and liabilities | 10/49 | €316,013 | €344,811 | +€28,798 | +9.1% |
| Equity | 10/15 | €252,129 | €268,538 | +€16,410 | +6.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €189,629 | €206,038 | +€16,410 | +8.7% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €183,379 | €199,788 | +€16,410 | +8.9% |
| Amounts payable | 17/49 | €63,884 | €76,272 | +€12,388 | +19.4% |
| Amounts payable within one year | 42/48 | €63,884 | €76,272 | +€12,388 | +19.4% |
| Trade debts | 44 | €11 | €1,089 | +€1,078 | +9,755% |
| Suppliers | 440/4 | €11 | €1,089 | +€1,078 | +9,755% |
| Taxes, remuneration and social security | 45 | €63,623 | €74,933 | +€11,310 | +17.8% |
| Taxes | 450/3 | €43,666 | €27,271 | -€16,395 | -37.5% |
| Remuneration and social security | 454/9 | €19,957 | €47,662 | +€27,705 | +139% |
| Other amounts payable | 47/48 | €250 | €250 | = | 0.0% |
| Turnover | 70 | €329,179 | €373,244 | +€44,065 | +13.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,222 | €30,834 | -€27,387 | -47.0% |
| Remuneration, social security and pensions | 62 | €242,451 | €315,977 | +€73,526 | +30.3% |
| Other operating charges | 640/8 | €701 | €520 | -€182 | -25.9% |
| Gross operating margin | 9900 | €277,044 | €348,998 | +€71,954 | +26.0% |
| Operating profit (loss) | 9901 | €33,892 | €32,502 | -€1,391 | -4.1% |
| Financial charges | 65/66B | €1,802 | €868 | -€934 | -51.8% |
| Recurring financial charges | 65 | €1,802 | €868 | -€934 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €32,090 | €31,633 | -€457 | -1.4% |
| Income taxes | 67/77 | €11,030 | €15,223 | +€4,194 | +38.0% |
| Profit (loss) for the period | 9904 | €21,060 | €16,410 | -€4,651 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,060 | €16,410 | -€4,651 | -22.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.