EXTENSA: 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.
What changed
EXTENSA
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€798,495
2024 · €1.9m-€2.7m
Equity
€11.3m
2024 · €12.1m-€798,495
Cash
-
not filed
Balance sheet total
€20.5m
2024 · €22.3m-€1.8m
Largest movements
Assets
- Receivables within one year -€1.4m
down €1.4m (-22.5%), from €6.1m to €4.7m
of which Other amounts receivable: -€1.4m
- Financial fixed assets -€341,565
down €341,565 (-99.7%), from €342,453 to €888
Equity and liabilities
- Profit (loss) carried forward -€798,495
down €798,495 (-48.0%), from €1.7m to €865,483
- Debts after one year -€735,715
down €735,715 (-8.4%), from €8.8m to €8.0m
Income statement
- Other operating income -€3.8m
down €3.8m (-99.9%), from €3.8m to €3,020
- Taxes -€884,724
down €884,724, from €665,477 to -€219,247
of which Taxes: -€665,477
- Goods and materials -€449,526
down €449,526 (-100.0%), from €449,552 to €26
of which Purchases: -€284,252
- Services and other goods -€336,886
down €336,886 (-38.5%), from €874,957 to €538,071
- Financial income -€278,782
no longer reported in 2025 (was €278,782)
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.
Result 2024
€1.9m
Turnover
-€575
Other operating income
-€3.8m
Goods and materials
+€449,526
Services and other goods
+€336,886
Other operating charges
+€7,492
Other operating items
-€396,926
Financial income
-€278,782
Financial charges
-€208,168
Other financial items
+€297,283
Taxes
+€884,724
Result 2025
-€798,495
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,316,633 | €20,471,938 | -€1.8m | -8.3% |
| Fixed assets | 21/28 | €342,453 | €888 | -€341,565 | -99.7% |
| Financial fixed assets | 28 | €342,453 | €888 | -€341,565 | -99.7% |
| Affiliated companies | 280/1 | €342,453 | €888 | -€341,565 | -99.7% |
| Participating interests | 280 | €342,453 | €888 | -€341,565 | -99.7% |
| Current assets | 29/58 | €21,974,180 | €20,471,050 | -€1.5m | -6.8% |
| Stocks and contracts in progress | 3 | €15,854,618 | €15,731,129 | -€123,489 | -0.8% |
| Stocks | 30/36 | €15,854,618 | €15,731,129 | -€123,489 | -0.8% |
| Property held for sale | 35 | €15,854,618 | €15,731,129 | -€123,489 | -0.8% |
| Amounts receivable within one year | 40/41 | €6,119,562 | €4,739,921 | -€1.4m | -22.5% |
| Trade receivables | 40 | €24 | €3,890 | +€3,866 | +16108.3% |
| Other amounts receivable | 41 | €6,119,538 | €4,736,031 | -€1.4m | -22.6% |
| Total equity and liabilities | 10/49 | €22,316,633 | €20,471,938 | -€1.8m | -8.3% |
| Equity | 10/15 | €12,053,065 | €11,254,570 | -€798,495 | -6.6% |
| Contributions | 10/11 | €2,219,359 | €2,219,359 | = | 0.0% |
| Capital | 10 | €2,219,359 | €2,219,359 | = | 0.0% |
| Issued capital | 100 | €2,219,359 | €2,219,359 | = | 0.0% |
| Reserves | 13 | €8,169,728 | €8,169,728 | = | 0.0% |
| Non-distributable reserves | 130/1 | €221,936 | €221,936 | = | 0.0% |
| Legal reserve | 130 | €221,936 | €221,936 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,926,989 | €7,926,989 | = | 0.0% |
| Distributable reserves | 133 | €20,803 | €20,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,663,978 | €865,483 | -€798,495 | -48.0% |
| Provisions and deferred taxes | 16 | €173,862 | €173,862 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €173,862 | €173,862 | = | 0.0% |
| Other liabilities and charges | 164/5 | €173,862 | €173,862 | = | 0.0% |
| Amounts payable | 17/49 | €10,089,706 | €9,043,506 | -€1.0m | -10.4% |
| Amounts payable after more than one year | 17 | €8,766,761 | €8,031,046 | -€735,715 | -8.4% |
| Other amounts payable | 178/9 | €8,766,761 | €8,031,046 | -€735,715 | -8.4% |
| Amounts payable within one year | 42/48 | €1,322,945 | €947,460 | -€375,485 | -28.4% |
| Trade debts | 44 | €490,022 | €291,904 | -€198,118 | -40.4% |
| Suppliers | 440/4 | €490,022 | €291,904 | -€198,118 | -40.4% |
| Taxes, remuneration and social security | 45 | €197,822 | - | -€197,822 | |
| Taxes | 450/3 | €197,822 | - | -€197,822 | |
| Other amounts payable | 47/48 | €635,101 | €655,556 | +€20,455 | +3.2% |
| Accrued charges and deferred income | 492/3 | - | €65,000 | +€65,000 | |
| Operating income | 70/76A | €4,239,143 | €4,258 | -€4.2m | -99.9% |
| Turnover | 70 | €1,813 | €1,238 | -€575 | -31.7% |
| Other operating income | 74 | €3,840,404 | €3,020 | -€3.8m | -99.9% |
| Non-recurring operating income | 76A | €396,926 | - | -€396,926 | |
| Operating charges | 60/66A | €1,340,246 | €546,342 | -€793,904 | -59.2% |
| Goods for resale, raw materials and consumables | 60 | €449,552 | €26 | -€449,526 | -100.0% |
| Purchases | 600/8 | €284,252 | - | -€284,252 | |
| Change in stocks: decrease (increase) | 609 | €165,300 | - | -€165,300 | |
| Services and other goods | 61 | €874,957 | €538,071 | -€336,886 | -38.5% |
| Other operating charges | 640/8 | €15,737 | €8,245 | -€7,492 | -47.6% |
| Operating profit (loss) | 9901 | €2,898,897 | -€542,084 | -€3.4m | |
| Financial income | 75/76B | €278,782 | - | -€278,782 | |
| Recurring financial income | 75 | €278,782 | €297,283 | +€18,501 | +6.6% |
| Income from current assets | 751 | €278,782 | €297,283 | +€18,501 | +6.6% |
| Financial charges | 65/66B | €564,773 | €772,941 | +€208,168 | +36.9% |
| Recurring financial charges | 65 | €549,945 | €291,851 | -€258,094 | -46.9% |
| Debt charges | 650 | €541,862 | €285,342 | -€256,520 | -47.3% |
| Other financial charges | 652/9 | €8,083 | €6,509 | -€1,574 | -19.5% |
| Non-recurring financial charges | 66B | €14,828 | €481,090 | +€466,262 | +3144.5% |
| Profit (loss) for the period before taxes | 9903 | €2,612,906 | -€1,017,742 | -€3.6m | |
| Income taxes | 67/77 | €665,477 | -€219,247 | -€884,724 | |
| Taxes | 670/3 | €665,477 | - | -€665,477 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €219,247 | +€219,247 | |
| Profit (loss) for the period | 9904 | €1,947,429 | -€798,495 | -€2.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,947,429 | -€798,495 | -€2.7m |
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 6 October 2026 via checked.be.