EXTROM: 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
EXTROM
NACE 46.851, Wholesale of industrial chemicals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€591,606
2024 · €578,086+€13,520
Equity
€3.9m
2024 · €3.7m+€116,606
Cash
€1.4m
2024 · €1.6m-€224,269
Balance sheet total
€5.9m
2024 · €6.0m-€63,162
Largest movements
Assets
- Stocks and contracts +€277,278
up €277,278 (+10.7%), from €2.6m to €2.9m
- Cash -€224,269
down €224,269 (-13.7%), from €1.6m to €1.4m
mainly Contributions, distributions and other (-€475,000) and Stocks and contracts (-€277,278)
- Tangible fixed assets -€91,378
down €91,378 (-22.2%), from €411,484 to €320,106
of which Plant, machinery and equipment: -€79,556
Equity and liabilities
- Other debts -€172,346
down €172,346 (-16.7%), from €1.0m to €859,947
- Debts after one year -€119,732
down €119,732 (-21.1%), from €567,348 to €447,616
- Profit (loss) carried forward +€116,606
up €116,606 (+11.5%), from €1.0m to €1.1m
- Trade debts +€82,255
up €82,255 (+26.7%), from €307,815 to €390,070
Income statement
No income-statement line moved by more than 1% of the activity.
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
€578,086
Gross operating margin
+€10,200
Staff costs
-€22,097
Depreciation
+€19,418
Other operating charges
-€62
Other operating items
+€452
Financial income
+€14,528
Financial charges
+€5,554
Taxes
-€14,473
Result 2025
€591,606
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.
From operations
+€421,001
Investment
-€51,923
Financing
-€593,347
Cash 2024
€1.6m
From operations (derived)
+€421,001
Net result for the year
+€591,606
Depreciation
+€143,301
Stocks and contracts
-€277,278
Receivables within one year
+€19,638
Deferred charges and accrued income
+€5,155
Trade debts
+€82,255
Tax, wage and social debts
+€35,820
Other debts
-€172,346
Accrued charges and deferred income
-€7,150
Investment (derived)
-€51,923
Investment in fixed assets (net)
-€51,923
Financing
-€593,347
Debts after one year
-€119,732
Current portion of long-term debt
+€1,385
Contributions, distributions and other
-€475,000
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,957,297 | €5,894,135 | -€63,162 | -1.1% |
| Fixed assets | 21/28 | €435,576 | €344,198 | -€91,378 | -21.0% |
| Tangible fixed assets | 22/27 | €411,484 | €320,106 | -€91,378 | -22.2% |
| Plant, machinery and equipment | 23 | €285,587 | €206,031 | -€79,556 | -27.9% |
| Furniture and vehicles | 24 | €125,897 | €114,075 | -€11,822 | -9.4% |
| Financial fixed assets | 28 | €24,092 | €24,092 | = | 0.0% |
| Current assets | 29/58 | €5,521,721 | €5,549,937 | +€28,216 | +0.5% |
| Stocks and contracts in progress | 3 | €2,585,348 | €2,862,626 | +€277,278 | +10.7% |
| Stocks | 30/36 | €2,585,348 | €2,862,626 | +€277,278 | +10.7% |
| Amounts receivable within one year | 40/41 | €1,287,595 | €1,267,957 | -€19,638 | -1.5% |
| Trade receivables | 40 | €1,282,156 | €1,247,462 | -€34,694 | -2.7% |
| Other amounts receivable | 41 | €5,439 | €20,495 | +€15,056 | +276.8% |
| Cash at bank and in hand | 54/58 | €1,637,225 | €1,412,956 | -€224,269 | -13.7% |
| Deferred charges and accrued income | 490/1 | €11,553 | €6,398 | -€5,155 | -44.6% |
| Total equity and liabilities | 10/49 | €5,957,297 | €5,894,135 | -€63,162 | -1.1% |
| Equity | 10/15 | €3,743,338 | €3,859,944 | +€116,606 | +3.1% |
| Contributions | 10/11 | €136,512 | €136,512 | = | 0.0% |
| Capital | 10 | €136,512 | €136,512 | = | 0.0% |
| Issued capital | 100 | €136,512 | €136,512 | = | 0.0% |
| Reserves | 13 | €2,545,483 | €2,545,483 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,159 | €30,159 | = | 0.0% |
| Legal reserve | 130 | €13,651 | €13,651 | = | 0.0% |
| Other | 1319 | €16,508 | €16,508 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,701 | €10,701 | = | 0.0% |
| Distributable reserves | 133 | €2,504,623 | €2,504,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,011,537 | €1,128,143 | +€116,606 | +11.5% |
| Investment grants | 15 | €49,806 | €49,806 | = | 0.0% |
| Amounts payable | 17/49 | €2,213,959 | €2,034,191 | -€179,768 | -8.1% |
| Amounts payable after more than one year | 17 | €567,348 | €447,616 | -€119,732 | -21.1% |
| Financial debts | 170/4 | €567,348 | €447,616 | -€119,732 | -21.1% |
| Amounts payable within one year | 42/48 | €1,637,961 | €1,585,075 | -€52,886 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €118,347 | €119,732 | +€1,385 | +1.2% |
| Trade debts | 44 | €307,815 | €390,070 | +€82,255 | +26.7% |
| Suppliers | 440/4 | €307,815 | €390,070 | +€82,255 | +26.7% |
| Taxes, remuneration and social security | 45 | €179,506 | €215,326 | +€35,820 | +20.0% |
| Taxes | 450/3 | €14,326 | €41,647 | +€27,321 | +190.7% |
| Remuneration and social security | 454/9 | €165,180 | €173,679 | +€8,499 | +5.1% |
| Other amounts payable | 47/48 | €1,032,293 | €859,947 | -€172,346 | -16.7% |
| Accrued charges and deferred income | 492/3 | €8,650 | €1,500 | -€7,150 | -82.7% |
| Remuneration, social security and pensions | 62 | €1,521,061 | €1,543,158 | +€22,097 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,719 | €143,301 | -€19,418 | -11.9% |
| Other operating charges | 640/8 | €5,916 | €5,978 | +€62 | +1.0% |
| Non-recurring operating charges | 66A | €452 | - | -€452 | |
| Gross operating margin | 9900 | €2,294,781 | €2,304,981 | +€10,200 | +0.4% |
| Operating profit (loss) | 9901 | €604,633 | €612,544 | +€7,911 | +1.3% |
| Financial income | 75/76B | €38,172 | €52,700 | +€14,528 | +38.1% |
| Recurring financial income | 75 | €38,172 | €52,700 | +€14,528 | +38.1% |
| Financial charges | 65/66B | €25,683 | €20,129 | -€5,554 | -21.6% |
| Recurring financial charges | 65 | €25,683 | €20,129 | -€5,554 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €617,122 | €645,115 | +€27,993 | +4.5% |
| Income taxes | 67/77 | €39,036 | €53,509 | +€14,473 | +37.1% |
| Profit (loss) for the period | 9904 | €578,086 | €591,606 | +€13,520 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €578,086 | €591,606 | +€13,520 | +2.3% |
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 3 October 2026 via checked.be.