EXSTER: 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.
EXSTER
Largest movements
- Receivables within one year -€5,135
down €5,135 (-93.1%), from €5,516 to €381
of which Other amounts receivable: -€3,268
- Cash -€3,404
down €3,404 (-80.7%), from €4,217 to €813
mainly Trade debts (-€64,033) and Debts after one year (-€19,136)
- Deferred charges and accrued income -€1,336
down €1,336 (-98.8%), from €1,352 to €16
- Trade debts -€64,033
down €64,033 (-96.7%), from €66,197 to €2,164
- Profit (loss) carried forward +€59,909
up €59,909 (+36.3%), from -€165,091 to -€105,182
- Debts after one year -€19,136
down €19,136 (-53.4%), from €35,861 to €16,725
- Other debts +€18,145
up €18,145 (+44.7%), from €40,611 to €58,756
- Accrued charges and deferred income -€3,456
down €3,456 (-100%), from €3,456 to €0
- Gross operating margin +€69,700
up €69,700, from -€6,419 to €63,281
- Staff costs -€19,287
down €19,287 (-100%), from €19,287 to €0
- Financial income -€6,014
down €6,014 (-100%), from €6,014 to €0
of which Non-recurring financial income: -€6,014
- Financial charges -€4,291
down €4,291 (-59.5%), from €7,212 to €2,920
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 | €11,085 | €1,210 | -€9,874 | -89.1% |
| Current assets | 29/58 | €11,085 | €1,210 | -€9,874 | -89.1% |
| Amounts receivable within one year | 40/41 | €5,516 | €381 | -€5,135 | -93.1% |
| Trade receivables | 40 | €1,867 | €0 | -€1,867 | -100% |
| Other amounts receivable | 41 | €3,649 | €381 | -€3,268 | -89.6% |
| Cash at bank and in hand | 54/58 | €4,217 | €813 | -€3,404 | -80.7% |
| Deferred charges and accrued income | 490/1 | €1,352 | €16 | -€1,336 | -98.8% |
| Total equity and liabilities | 10/49 | €11,085 | €1,210 | -€9,874 | -89.1% |
| Equity | 10/15 | -€157,031 | -€97,122 | +€59,909 | +38.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,091 | -€105,182 | +€59,909 | +36.3% |
| Amounts payable | 17/49 | €168,115 | €98,333 | -€69,783 | -41.5% |
| Amounts payable after more than one year | 17 | €35,861 | €16,725 | -€19,136 | -53.4% |
| Financial debts | 170/4 | €35,861 | €16,725 | -€19,136 | -53.4% |
| Amounts payable within one year | 42/48 | €128,798 | €81,607 | -€47,191 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €18,166 | €19,136 | +€970 | +5.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €66,197 | €2,164 | -€64,033 | -96.7% |
| Suppliers | 440/4 | €66,197 | €2,164 | -€64,033 | -96.7% |
| Advances received on contracts in progress | 46 | €2,673 | €0 | -€2,673 | -100% |
| Taxes, remuneration and social security | 45 | €1,152 | €1,551 | +€399 | +34.7% |
| Taxes | 450/3 | €1,152 | €1,551 | +€399 | +34.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,611 | €58,756 | +€18,145 | +44.7% |
| Accrued charges and deferred income | 492/3 | €3,456 | €0 | -€3,456 | -100% |
| Remuneration, social security and pensions | 62 | €19,287 | €0 | -€19,287 | -100% |
| Other operating charges | 640/8 | €1,019 | €400 | -€619 | -60.8% |
| Gross operating margin | 9900 | -€6,419 | €63,281 | +€69,700 | |
| Operating profit (loss) | 9901 | -€26,725 | €62,881 | +€89,606 | |
| Financial income | 75/76B | €6,014 | €0 | -€6,014 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Non-recurring financial income | 76B | €6,014 | €0 | -€6,014 | -100% |
| Financial charges | 65/66B | €7,212 | €2,920 | -€4,291 | -59.5% |
| Recurring financial charges | 65 | €7,212 | €2,920 | -€4,291 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,923 | €59,961 | +€87,883 | |
| Income taxes | 67/77 | €154 | €52 | -€102 | -66.0% |
| Profit (loss) for the period | 9904 | -€28,076 | €59,909 | +€87,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,076 | €59,909 | +€87,985 |
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.