EXSYS: what changed
Two fiscal 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.
EXSYS
Largest movements
- Cash +€55,138
up €55,138 (+44.7%), from €123,264 to €178,402
mainly Net result for the year (+€45,886) and Receivables within one year (+€21,682)
- Receivables within one year -€21,682
down €21,682 (-58.6%), from €37,016 to €15,334
of which Other amounts receivable: -€25,000
- Tangible fixed assets -€3,664
down €3,664 (-44.1%), from €8,305 to €4,641
of which Furniture and vehicles: -€2,853
- Reserves +€45,800
up €45,800 (+32.0%), from €142,948 to €188,748
of which Distributable reserves: +€45,800
- Tax, wage and social debts -€12,587
down €12,587 (-63.9%), from €19,695 to €7,109
- Trade debts -€2,335
down €2,335 (-89.5%), from €2,608 to €274
- Taxes +€886
up €886 (+4.9%), from €18,221 to €19,107
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.
Cash bridge derived
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 | €172,398 | €202,778 | +€30,379 | +17.6% |
| Fixed assets | 21/28 | €8,356 | €4,692 | -€3,664 | -43.8% |
| Tangible fixed assets | 22/27 | €8,305 | €4,641 | -€3,664 | -44.1% |
| Furniture and vehicles | 24 | €6,920 | €4,067 | -€2,853 | -41.2% |
| Other tangible fixed assets | 26 | €1,385 | €574 | -€811 | -58.5% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €164,042 | €198,085 | +€34,043 | +20.8% |
| Amounts receivable within one year | 40/41 | €37,016 | €15,334 | -€21,682 | -58.6% |
| Trade receivables | 40 | €12,016 | €15,334 | +€3,318 | +27.6% |
| Other amounts receivable | 41 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €123,264 | €178,402 | +€55,138 | +44.7% |
| Deferred charges and accrued income | 490/1 | €3,762 | €4,349 | +€587 | +15.6% |
| Total equity and liabilities | 10/49 | €172,398 | €202,778 | +€30,379 | +17.6% |
| Equity | 10/15 | €149,484 | €195,370 | +€45,886 | +30.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €142,948 | €188,748 | +€45,800 | +32.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,488 | €3,488 | = | 0.0% |
| Distributable reserves | 133 | €137,600 | €183,400 | +€45,800 | +33.3% |
| Profit (loss) carried forward | 14 | €336 | €422 | +€86 | +25.7% |
| Amounts payable | 17/49 | €22,914 | €7,407 | -€15,507 | -67.7% |
| Amounts payable within one year | 42/48 | €22,914 | €7,407 | -€15,507 | -67.7% |
| Trade debts | 44 | €2,608 | €274 | -€2,335 | -89.5% |
| Suppliers | 440/4 | €2,608 | €274 | -€2,335 | -89.5% |
| Taxes, remuneration and social security | 45 | €19,695 | €7,109 | -€12,587 | -63.9% |
| Taxes | 450/3 | €19,695 | €7,109 | -€12,587 | -63.9% |
| Other amounts payable | 47/48 | €610 | €25 | -€585 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,664 | €3,664 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,325 | €1,155 | -€171 | -12.9% |
| Gross operating margin | 9900 | €68,667 | €69,152 | +€485 | +0.7% |
| Operating profit (loss) | 9901 | €63,678 | €64,334 | +€656 | +1.0% |
| Financial income | 75/76B | €648 | €786 | +€138 | +21.3% |
| Recurring financial income | 75 | €648 | €786 | +€138 | +21.3% |
| Financial charges | 65/66B | €109 | €126 | +€16 | +15.1% |
| Recurring financial charges | 65 | €109 | €126 | +€16 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €64,216 | €64,994 | +€777 | +1.2% |
| Income taxes | 67/77 | €18,221 | €19,107 | +€886 | +4.9% |
| Profit (loss) for the period | 9904 | €45,995 | €45,886 | -€109 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,995 | €45,886 | -€109 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.