Extendia: 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.
Extendia
Largest movements
- Receivables within one year +€45,559
up €45,559 (+12.4%), from €367,844 to €413,403
of which Trade receivables: +€54,315
- Cash -€7,918
down €7,918 (-53.6%), from €14,766 to €6,848
mainly Receivables within one year (-€45,559) and Tax, wage and social debts (-€43,137)
- Tangible fixed assets -€7,771
down €7,771 (-47.5%), from €16,370 to €8,599
- Deferred charges and accrued income -€5,638
down €5,638 (-25.5%), from €22,113 to €16,475
- Other debts +€121,003
up €121,003 (+63.5%), from €190,673 to €311,676
- Tax, wage and social debts -€43,137
down €43,137 (-24.0%), from €179,485 to €136,348
of which Remuneration and social security: -€33,841
- Profit (loss) carried forward -€27,692
down €27,692 (-11.4%), from -€243,143 to -€270,835
- Trade debts -€26,576
down €26,576 (-11.8%), from €225,879 to €199,303
- Staff costs -€439,358
down €439,358 (-29.7%), from €1.5m to €1.0m
- Gross operating margin -€290,561
down €290,561 (-21.1%), from €1.4m to €1.1m
- Turnover -€254,303
down €254,303 (-10.5%), from €2.4m to €2.2m
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 | €421,094 | €445,325 | +€24,232 | +5.8% |
| Fixed assets | 21/28 | €16,370 | €8,599 | -€7,771 | -47.5% |
| Tangible fixed assets | 22/27 | €16,370 | €8,599 | -€7,771 | -47.5% |
| Plant, machinery and equipment | 23 | €16,370 | €8,599 | -€7,771 | -47.5% |
| Current assets | 29/58 | €404,724 | €436,726 | +€32,003 | +7.9% |
| Amounts receivable within one year | 40/41 | €367,844 | €413,403 | +€45,559 | +12.4% |
| Trade receivables | 40 | €353,095 | €407,409 | +€54,315 | +15.4% |
| Other amounts receivable | 41 | €14,750 | €5,994 | -€8,756 | -59.4% |
| Cash at bank and in hand | 54/58 | €14,766 | €6,848 | -€7,918 | -53.6% |
| Deferred charges and accrued income | 490/1 | €22,113 | €16,475 | -€5,638 | -25.5% |
| Total equity and liabilities | 10/49 | €421,094 | €445,325 | +€24,232 | +5.8% |
| Equity | 10/15 | -€174,943 | -€202,635 | -€27,692 | -15.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€243,143 | -€270,835 | -€27,692 | -11.4% |
| Provisions and deferred taxes | 16 | - | €634 | +€634 | |
| Provisions for liabilities and charges | 160/5 | - | €634 | +€634 | |
| Pensions and similar obligations | 160 | - | €634 | +€634 | |
| Amounts payable | 17/49 | €596,037 | €647,327 | +€51,290 | +8.6% |
| Amounts payable within one year | 42/48 | €596,037 | €647,327 | +€51,290 | +8.6% |
| Trade debts | 44 | €225,879 | €199,303 | -€26,576 | -11.8% |
| Suppliers | 440/4 | €225,879 | €199,303 | -€26,576 | -11.8% |
| Taxes, remuneration and social security | 45 | €179,485 | €136,348 | -€43,137 | -24.0% |
| Taxes | 450/3 | €44,332 | €35,036 | -€9,296 | -21.0% |
| Remuneration and social security | 454/9 | €135,153 | €101,312 | -€33,841 | -25.0% |
| Other amounts payable | 47/48 | €190,673 | €311,676 | +€121,003 | +63.5% |
| Turnover | 70 | €2,428,197 | €2,173,894 | -€254,303 | -10.5% |
| Non-recurring operating income | 76A | - | €77 | +€77 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,117,463 | €1,136,356 | +€18,893 | +1.7% |
| Remuneration, social security and pensions | 62 | €1,478,866 | €1,039,508 | -€439,358 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,615 | €8,850 | -€1,765 | -16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €634 | +€634 | |
| Other operating charges | 640/8 | €13,540 | €6,710 | -€6,830 | -50.4% |
| Non-recurring operating charges | 66A | - | €1,389 | +€1,389 | |
| Gross operating margin | 9900 | €1,373,852 | €1,083,291 | -€290,561 | -21.1% |
| Operating profit (loss) | 9901 | -€129,169 | €26,200 | +€155,369 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €49,445 | €46,625 | -€2,820 | -5.7% |
| Recurring financial charges | 65 | €49,445 | €46,625 | -€2,820 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€178,613 | -€20,424 | +€158,189 | +88.6% |
| Income taxes | 67/77 | €8,050 | €7,267 | -€783 | -9.7% |
| Profit (loss) for the period | 9904 | -€186,664 | -€27,692 | +€158,972 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€186,664 | -€27,692 | +€158,972 | +85.2% |
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 8 October 2026 via checked.be.