EXXEED: 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.
EXXEED
Largest movements
- Receivables within one year -€21,774
down €21,774 (-21.1%), from €103,138 to €81,364
of which Trade receivables: -€17,757
- Cash -€2,300
down €2,300 (-57.1%), from €4,028 to €1,728
mainly Net result for the year (-€20,579) and Tax, wage and social debts (-€4,969)
- Tangible fixed assets -€1,149
down €1,149 (-75.6%), from €1,520 to €371
- Profit (loss) carried forward -€20,579
down €20,579 (-31.9%), from €64,543 to €43,964
- Tax, wage and social debts -€4,969
down €4,969 (-61.5%), from €8,078 to €3,108
- Gross operating margin -€23,830
down €23,830, from €10,623 to -€13,207
- Write-downs +€5,082
new in 2025: €5,082
- Taxes -€2,817
no longer reported in 2025 (was €2,817)
- Depreciation -€1,106
down €1,106 (-49.0%), from €2,255 to €1,149
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 | €108,795 | €83,480 | -€25,315 | -23.3% |
| Fixed assets | 21/28 | €1,520 | €371 | -€1,149 | -75.6% |
| Tangible fixed assets | 22/27 | €1,520 | €371 | -€1,149 | -75.6% |
| Furniture and vehicles | 24 | €1,520 | €371 | -€1,149 | -75.6% |
| Current assets | 29/58 | €107,275 | €83,109 | -€24,166 | -22.5% |
| Amounts receivable within one year | 40/41 | €103,138 | €81,364 | -€21,774 | -21.1% |
| Trade receivables | 40 | €20,026 | €2,269 | -€17,757 | -88.7% |
| Other amounts receivable | 41 | €83,112 | €79,095 | -€4,017 | -4.8% |
| Cash at bank and in hand | 54/58 | €4,028 | €1,728 | -€2,300 | -57.1% |
| Deferred charges and accrued income | 490/1 | €110 | €17 | -€93 | -84.3% |
| Total equity and liabilities | 10/49 | €108,795 | €83,480 | -€25,315 | -23.3% |
| Equity | 10/15 | €99,503 | €78,923 | -€20,579 | -20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,759 | €28,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €26,900 | €26,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,543 | €43,964 | -€20,579 | -31.9% |
| Amounts payable | 17/49 | €9,293 | €4,557 | -€4,736 | -51.0% |
| Amounts payable within one year | 42/48 | €9,293 | €4,557 | -€4,736 | -51.0% |
| Trade debts | 44 | €1,215 | €1,448 | +€233 | +19.2% |
| Suppliers | 440/4 | €1,215 | €1,448 | +€233 | +19.2% |
| Taxes, remuneration and social security | 45 | €8,078 | €3,108 | -€4,969 | -61.5% |
| Taxes | 450/3 | €8,078 | €3,108 | -€4,969 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,255 | €1,149 | -€1,106 | -49.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,082 | +€5,082 | |
| Other operating charges | 640/8 | €507 | €564 | +€56 | +11.1% |
| Gross operating margin | 9900 | €10,623 | -€13,207 | -€23,830 | |
| Operating profit (loss) | 9901 | €7,861 | -€20,002 | -€27,863 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €574 | €577 | +€3 | +0.5% |
| Recurring financial charges | 65 | €574 | €577 | +€3 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €7,288 | -€20,579 | -€27,867 | |
| Income taxes | 67/77 | €2,817 | - | -€2,817 | |
| Profit (loss) for the period | 9904 | €4,471 | -€20,579 | -€25,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,471 | -€20,579 | -€25,050 |
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 29 September 2026 via checked.be.