EXTRIM: 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.
EXTRIM
Largest movements
- Stocks and contracts +€948,465
up €948,465 (+60.6%), from €1.6m to €2.5m
- Cash -€284,721
down €284,721 (-84.8%), from €335,697 to €50,976
mainly Stocks and contracts (-€948,465) and Debts after one year (-€169,936)
- Receivables within one year -€150,153
down €150,153 (-21.3%), from €705,216 to €555,063
of which Trade receivables: -€100,428
- Trade debts +€347,707
up €347,707 (+131.8%), from €263,785 to €611,492
- Short-term financial debts +€247,792
new in 2025: €247,792
- Debts after one year -€169,936
down €169,936 (-62.3%), from €272,948 to €103,012
- Reserves +€129,869
up €129,869 (+7.4%), from €1.7m to €1.9m
of which Distributable reserves: +€129,869
- Gross operating margin -€140,539
down €140,539 (-16.8%), from €834,453 to €693,914
- Taxes -€35,817
down €35,817 (-35.4%), from €101,195 to €65,377
- Financial charges +€13,074
up €13,074 (+6.1%), from €214,404 to €227,478
of which Non-recurring financial charges: +€7,493
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 | €2,647,199 | €3,145,813 | +€498,613 | +18.8% |
| Fixed assets | 21/28 | €12,248 | €10,303 | -€1,945 | -15.9% |
| Tangible fixed assets | 22/27 | €12,248 | €10,303 | -€1,945 | -15.9% |
| Plant, machinery and equipment | 23 | €3,323 | €863 | -€2,460 | -74.0% |
| Furniture and vehicles | 24 | €4,120 | €1,380 | -€2,740 | -66.5% |
| Other tangible fixed assets | 26 | €4,805 | €8,059 | +€3,255 | +67.7% |
| Current assets | 29/58 | €2,634,952 | €3,135,510 | +€500,559 | +19.0% |
| Stocks and contracts in progress | 3 | €1,565,806 | €2,514,271 | +€948,465 | +60.6% |
| Stocks | 30/36 | €1,565,806 | €2,514,271 | +€948,465 | +60.6% |
| Amounts receivable within one year | 40/41 | €705,216 | €555,063 | -€150,153 | -21.3% |
| Trade receivables | 40 | €562,260 | €461,832 | -€100,428 | -17.9% |
| Other amounts receivable | 41 | €142,955 | €93,230 | -€49,725 | -34.8% |
| Cash at bank and in hand | 54/58 | €335,697 | €50,976 | -€284,721 | -84.8% |
| Deferred charges and accrued income | 490/1 | €28,234 | €15,201 | -€13,033 | -46.2% |
| Total equity and liabilities | 10/49 | €2,647,199 | €3,145,813 | +€498,613 | +18.8% |
| Equity | 10/15 | €1,763,124 | €1,892,992 | +€129,869 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,744,485 | €1,874,354 | +€129,869 | +7.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,742,625 | €1,872,494 | +€129,869 | +7.5% |
| Profit (loss) carried forward | 14 | €39 | €39 | = | 0.0% |
| Amounts payable | 17/49 | €884,075 | €1,252,820 | +€368,745 | +41.7% |
| Amounts payable after more than one year | 17 | €272,948 | €103,012 | -€169,936 | -62.3% |
| Financial debts | 170/4 | €272,948 | €103,012 | -€169,936 | -62.3% |
| Amounts payable within one year | 42/48 | €573,957 | €1,138,665 | +€564,708 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €161,879 | €169,936 | +€8,056 | +5.0% |
| Financial debts | 43 | - | €247,792 | +€247,792 | |
| Credit institutions | 430/8 | - | €247,792 | +€247,792 | |
| Trade debts | 44 | €263,785 | €611,492 | +€347,707 | +131.8% |
| Suppliers | 440/4 | €263,785 | €611,492 | +€347,707 | +131.8% |
| Taxes, remuneration and social security | 45 | €84,457 | €57,646 | -€26,811 | -31.7% |
| Taxes | 450/3 | €46,627 | €14,193 | -€32,434 | -69.6% |
| Remuneration and social security | 454/9 | €37,830 | €43,453 | +€5,623 | +14.9% |
| Other amounts payable | 47/48 | €63,836 | €51,800 | -€12,036 | -18.9% |
| Accrued charges and deferred income | 492/3 | €37,171 | €11,143 | -€26,028 | -70.0% |
| Non-recurring operating income | 76A | €2,066 | €0 | -€2,066 | -100.0% |
| Remuneration, social security and pensions | 62 | €270,253 | €262,233 | -€8,020 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,981 | €6,168 | +€187 | +3.1% |
| Other operating charges | 640/8 | €4,607 | €4,513 | -€94 | -2.1% |
| Non-recurring operating charges | 66A | €5,201 | €9,270 | +€4,069 | +78.2% |
| Gross operating margin | 9900 | €834,453 | €693,914 | -€140,539 | -16.8% |
| Operating profit (loss) | 9901 | €548,410 | €411,730 | -€136,680 | -24.9% |
| Financial income | 75/76B | €8,914 | €10,993 | +€2,080 | +23.3% |
| Recurring financial income | 75 | €8,914 | €10,869 | +€1,956 | +21.9% |
| Non-recurring financial income | 76B | - | €124 | +€124 | |
| Financial charges | 65/66B | €214,404 | €227,478 | +€13,074 | +6.1% |
| Recurring financial charges | 65 | €214,404 | €219,985 | +€5,581 | +2.6% |
| Non-recurring financial charges | 66B | - | €7,493 | +€7,493 | |
| Profit (loss) for the period before taxes | 9903 | €342,920 | €195,246 | -€147,674 | -43.1% |
| Income taxes | 67/77 | €101,195 | €65,377 | -€35,817 | -35.4% |
| Profit (loss) for the period | 9904 | €241,725 | €129,869 | -€111,857 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €241,725 | €129,869 | -€111,857 | -46.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.