EXULTANTIS: what changed
Two financial 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.
EXULTANTIS
Largest movements
- Cash +€70,122
up €70,122 (+112%), from €62,363 to €132,485
mainly Other debts (+€45,090) and Net result for the year (+€44,592)
- Tangible fixed assets -€10,276
down €10,276 (-19.8%), from €51,927 to €41,651
of which Furniture and vehicles: -€11,274
- Other debts +€45,090
new in 2025: €45,090
- Tax, wage and social debts +€11,607
up €11,607 (+47.3%), from €24,544 to €36,151
- Reserves +€2,262
up €2,262 (+1.9%), from €117,444 to €119,706
- Gross operating margin +€6,121
up €6,121 (+8.6%), from €71,130 to €77,251
- Taxes +€1,549
up €1,549 (+9.7%), from €15,982 to €17,531
- Depreciation +€966
up €966 (+7.0%), from €13,838 to €14,804
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.
Derived cash bridge
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 | €145,839 | €204,722 | +€58,883 | +40.4% |
| Fixed assets | 21/28 | €51,927 | €41,651 | -€10,276 | -19.8% |
| Tangible fixed assets | 22/27 | €51,927 | €41,651 | -€10,276 | -19.8% |
| Plant, machinery and equipment | 23 | €1,104 | €580 | -€524 | -47.4% |
| Furniture and vehicles | 24 | €40,478 | €29,204 | -€11,274 | -27.9% |
| Other tangible fixed assets | 26 | €10,345 | €11,867 | +€1,522 | +14.7% |
| Current assets | 29/58 | €93,912 | €163,071 | +€69,159 | +73.6% |
| Amounts receivable within one year | 40/41 | €30,107 | €29,185 | -€922 | -3.1% |
| Trade receivables | 40 | €28,750 | €29,185 | +€436 | +1.5% |
| Other amounts receivable | 41 | €1,358 | - | -€1,358 | |
| Cash at bank and in hand | 54/58 | €62,363 | €132,485 | +€70,122 | +112% |
| Deferred charges and accrued income | 490/1 | €1,442 | €1,401 | -€41 | -2.9% |
| Total equity and liabilities | 10/49 | €145,839 | €204,722 | +€58,883 | +40.4% |
| Equity | 10/15 | €118,444 | €120,706 | +€2,262 | +1.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €117,444 | €119,706 | +€2,262 | +1.9% |
| Distributable reserves | 133 | €117,444 | €119,706 | +€2,262 | +1.9% |
| Amounts payable | 17/49 | €27,395 | €84,016 | +€56,622 | +207% |
| Amounts payable within one year | 42/48 | €27,395 | €84,016 | +€56,622 | +207% |
| Trade debts | 44 | €2,850 | €2,774 | -€76 | -2.7% |
| Suppliers | 440/4 | €2,850 | €2,774 | -€76 | -2.7% |
| Taxes, remuneration and social security | 45 | €24,544 | €36,151 | +€11,607 | +47.3% |
| Taxes | 450/3 | €24,544 | €36,151 | +€11,607 | +47.3% |
| Other amounts payable | 47/48 | - | €45,090 | +€45,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,838 | €14,804 | +€966 | +7.0% |
| Other operating charges | 640/8 | €520 | €646 | +€126 | +24.3% |
| Gross operating margin | 9900 | €71,130 | €77,251 | +€6,121 | +8.6% |
| Operating profit (loss) | 9901 | €56,773 | €61,802 | +€5,028 | +8.9% |
| Financial income | 75/76B | €307 | €465 | +€158 | +51.4% |
| Recurring financial income | 75 | €307 | €465 | +€158 | +51.4% |
| Financial charges | 65/66B | €194 | €144 | -€50 | -25.8% |
| Recurring financial charges | 65 | €194 | €144 | -€50 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €56,887 | €62,123 | +€5,237 | +9.2% |
| Income taxes | 67/77 | €15,982 | €17,531 | +€1,549 | +9.7% |
| Profit (loss) for the period | 9904 | €40,905 | €44,592 | +€3,688 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,905 | €44,592 | +€3,688 | +9.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.