Extendo: 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.
Extendo
Largest movements
- Cash +€38,878
up €38,878 (+67.3%), from €57,733 to €96,611
mainly Net result for the year (+€58,550) and Other debts (+€22,324)
- Receivables within one year -€3,252
down €3,252 (-17.7%), from €18,385 to €15,133
of which Other amounts receivable: -€3,357
- Other debts +€22,324
up €22,324 (+61.3%), from €36,425 to €58,749
- Debts after one year +€18,296
up €18,296, from €0 to €18,296
- Reserves -€10,000
down €10,000 (-84.3%), from €11,860 to €1,860
- Current portion of long-term debt +€6,176
up €6,176 (+211.0%), from €2,927 to €9,103
- Depreciation -€15,389
down €15,389 (-97.6%), from €15,766 to €377
- Gross operating margin +€12,752
up €12,752 (+20.2%), from €63,070 to €75,822
- Taxes +€5,585
up €5,585 (+57.2%), from €9,772 to €15,357
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 | €84,247 | €119,627 | +€35,380 | +42.0% |
| Fixed assets | 21/28 | €0 | €816 | +€816 | |
| Tangible fixed assets | 22/27 | €0 | €816 | +€816 | |
| Furniture and vehicles | 24 | €0 | €816 | +€816 | |
| Current assets | 29/58 | €84,247 | €118,810 | +€34,563 | +41.0% |
| Amounts receivable within one year | 40/41 | €18,385 | €15,133 | -€3,252 | -17.7% |
| Trade receivables | 40 | €14,157 | €14,263 | +€106 | +0.7% |
| Other amounts receivable | 41 | €4,228 | €870 | -€3,357 | -79.4% |
| Cash at bank and in hand | 54/58 | €57,733 | €96,611 | +€38,878 | +67.3% |
| Deferred charges and accrued income | 490/1 | €8,129 | €7,066 | -€1,063 | -13.1% |
| Total equity and liabilities | 10/49 | €84,247 | €119,627 | +€35,380 | +42.0% |
| Equity | 10/15 | €30,460 | €20,460 | -€10,000 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €1,860 | -€10,000 | -84.3% |
| Distributable reserves | 133 | €11,860 | €1,860 | -€10,000 | -84.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,787 | €99,167 | +€45,380 | +84.4% |
| Amounts payable after more than one year | 17 | €0 | €18,296 | +€18,296 | |
| Financial debts | 170/4 | €0 | €18,296 | +€18,296 | |
| Amounts payable within one year | 42/48 | €53,787 | €80,870 | +€27,083 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | €2,927 | €9,103 | +€6,176 | +211.0% |
| Trade debts | 44 | €1,262 | €194 | -€1,068 | -84.6% |
| Suppliers | 440/4 | €1,262 | €194 | -€1,068 | -84.6% |
| Taxes, remuneration and social security | 45 | €13,173 | €12,825 | -€348 | -2.6% |
| Taxes | 450/3 | €13,173 | €12,825 | -€348 | -2.6% |
| Other amounts payable | 47/48 | €36,425 | €58,749 | +€22,324 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,766 | €377 | -€15,389 | -97.6% |
| Other operating charges | 640/8 | €862 | €807 | -€56 | -6.4% |
| Gross operating margin | 9900 | €63,070 | €75,822 | +€12,752 | +20.2% |
| Operating profit (loss) | 9901 | €46,441 | €74,638 | +€28,196 | +60.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €404 | €730 | +€326 | +80.8% |
| Recurring financial charges | 65 | €404 | €730 | +€326 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €46,038 | €73,907 | +€27,869 | +60.5% |
| Income taxes | 67/77 | €9,772 | €15,357 | +€5,585 | +57.2% |
| Profit (loss) for the period | 9904 | €36,266 | €58,550 | +€22,284 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,266 | €58,550 | +€22,284 | +61.4% |
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 1 October 2026 via checked.be.