EXUMA: 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.
EXUMA
Largest movements
- Tangible fixed assets +€40,925
up €40,925 (+5.6%), from €729,454 to €770,380
of which Land and buildings: +€40,384
- Receivables within one year +€39,808
up €39,808 (+4.9%), from €804,208 to €844,017
- Other debts +€75,810
up €75,810 (+8.3%), from €916,854 to €992,663
- Gross operating margin +€50,567
up €50,567 (+94.6%), from -€53,452 to -€2,886
- Depreciation +€20,711
up €20,711 (+65.5%), from €31,620 to €52,331
- Financial income -€6,317
down €6,317 (-13.7%), from €46,127 to €39,810
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 | €1,875,030 | €1,962,626 | +€87,596 | +4.7% |
| Fixed assets | 21/28 | €1,062,654 | €1,103,580 | +€40,925 | +3.9% |
| Tangible fixed assets | 22/27 | €729,454 | €770,380 | +€40,925 | +5.6% |
| Land and buildings | 22 | €727,324 | €767,707 | +€40,384 | +5.6% |
| Plant, machinery and equipment | 23 | €2,131 | €2,672 | +€542 | +25.4% |
| Financial fixed assets | 28 | €333,200 | €333,200 | = | 0.0% |
| Current assets | 29/58 | €812,376 | €859,046 | +€46,671 | +5.7% |
| Amounts receivable within one year | 40/41 | €804,208 | €844,017 | +€39,808 | +4.9% |
| Other amounts receivable | 41 | €804,208 | €844,017 | +€39,808 | +4.9% |
| Cash at bank and in hand | 54/58 | €8,167 | €14,811 | +€6,644 | +81.3% |
| Deferred charges and accrued income | 490/1 | - | €219 | +€219 | |
| Total equity and liabilities | 10/49 | €1,875,030 | €1,962,626 | +€87,596 | +4.7% |
| Equity | 10/15 | €948,200 | €948,200 | = | 0.0% |
| Contributions | 10/11 | €862,000 | €862,000 | = | 0.0% |
| Capital | 10 | €862,000 | €862,000 | = | 0.0% |
| Issued capital | 100 | €862,000 | €862,000 | = | 0.0% |
| Reserves | 13 | €86,200 | €86,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €86,200 | €86,200 | = | 0.0% |
| Legal reserve | 130 | €86,200 | €86,200 | = | 0.0% |
| Amounts payable | 17/49 | €926,830 | €1,014,426 | +€87,596 | +9.5% |
| Amounts payable within one year | 42/48 | €926,830 | €1,014,426 | +€87,596 | +9.5% |
| Trade debts | 44 | €9,976 | €21,763 | +€11,787 | +118.2% |
| Suppliers | 440/4 | €9,976 | €21,763 | +€11,787 | +118.2% |
| Other amounts payable | 47/48 | €916,854 | €992,663 | +€75,810 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,620 | €52,331 | +€20,711 | +65.5% |
| Other operating charges | 640/8 | €5,325 | €5,541 | +€216 | +4.1% |
| Gross operating margin | 9900 | -€53,452 | -€2,886 | +€50,567 | +94.6% |
| Operating profit (loss) | 9901 | -€90,398 | -€60,758 | +€29,639 | +32.8% |
| Financial income | 75/76B | €46,127 | €39,810 | -€6,317 | -13.7% |
| Recurring financial income | 75 | €46,127 | €39,810 | -€6,317 | -13.7% |
| Financial charges | 65/66B | €61 | €149 | +€88 | +144.8% |
| Recurring financial charges | 65 | €61 | €149 | +€88 | +144.8% |
| Profit (loss) for the period before taxes | 9903 | -€44,332 | -€21,098 | +€23,234 | +52.4% |
| Profit (loss) for the period | 9904 | -€44,332 | -€21,098 | +€23,234 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,332 | -€21,098 | +€23,234 | +52.4% |
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 7 October 2026 via checked.be.