EXXELO SOLUTIONS: 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.
EXXELO SOLUTIONS
Largest movements
- Receivables within one year -€46,814
down €46,814 (-88.4%), from €52,933 to €6,119
of which Trade receivables: -€50,000
- Tangible fixed assets -€11,277
down €11,277 (-43.1%), from €26,164 to €14,887
- Cash +€6,710
up €6,710 (+188%), from €3,565 to €10,275
mainly Receivables within one year (+€46,814) and Depreciation (+€11,277)
- Profit (loss) carried forward -€34,692
down €34,692, from €427 to -€34,265
- Trade debts -€19,758
down €19,758 (-95.4%), from €20,708 to €950
- Tax, wage and social debts +€3,068
up €3,068 (+75.1%), from €4,084 to €7,152
- Purchases and services +€18,224
up €18,224 (+45.9%), from €39,716 to €57,941
- Gross operating margin -€13,224
down €13,224 (-9.4%), from €140,284 to €127,059
- Taxes -€8,552
no longer reported in 2025 (was €8,552)
- Turnover +€5,000
up €5,000 (+2.8%), from €180,000 to €185,000
- Depreciation +€4,777
up €4,777 (+73.5%), from €6,499 to €11,277
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 | €82,661 | €31,281 | -€51,381 | -62.2% |
| Fixed assets | 21/28 | €26,164 | €14,887 | -€11,277 | -43.1% |
| Tangible fixed assets | 22/27 | €26,164 | €14,887 | -€11,277 | -43.1% |
| Furniture and vehicles | 24 | €26,164 | €14,887 | -€11,277 | -43.1% |
| Current assets | 29/58 | €56,498 | €16,394 | -€40,104 | -71.0% |
| Amounts receivable within one year | 40/41 | €52,933 | €6,119 | -€46,814 | -88.4% |
| Trade receivables | 40 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 41 | €2,933 | €6,119 | +€3,186 | +109% |
| Cash at bank and in hand | 54/58 | €3,565 | €10,275 | +€6,710 | +188% |
| Total equity and liabilities | 10/49 | €82,661 | €31,281 | -€51,381 | -62.2% |
| Equity | 10/15 | €2,627 | -€32,065 | -€34,692 | |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €427 | -€34,265 | -€34,692 | |
| Amounts payable | 17/49 | €80,035 | €63,346 | -€16,689 | -20.9% |
| Amounts payable within one year | 42/48 | €80,035 | €63,346 | -€16,689 | -20.9% |
| Trade debts | 44 | €20,708 | €950 | -€19,758 | -95.4% |
| Suppliers | 440/4 | €20,708 | €950 | -€19,758 | -95.4% |
| Taxes, remuneration and social security | 45 | €4,084 | €7,152 | +€3,068 | +75.1% |
| Remuneration and social security | 454/9 | €4,084 | €7,152 | +€3,068 | +75.1% |
| Other amounts payable | 47/48 | €55,243 | €55,243 | = | 0.0% |
| Turnover | 70 | €180,000 | €185,000 | +€5,000 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,716 | €57,941 | +€18,224 | +45.9% |
| Remuneration, social security and pensions | 62 | €152,947 | €149,674 | -€3,274 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,499 | €11,277 | +€4,777 | +73.5% |
| Other operating charges | 640/8 | €3,359 | €717 | -€2,642 | -78.6% |
| Gross operating margin | 9900 | €140,284 | €127,059 | -€13,224 | -9.4% |
| Operating profit (loss) | 9901 | -€22,522 | -€34,608 | -€12,086 | -53.7% |
| Financial charges | 65/66B | €131 | €83 | -€47 | -36.2% |
| Recurring financial charges | 65 | €131 | €83 | -€47 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,653 | -€34,692 | -€12,039 | -53.1% |
| Income taxes | 67/77 | €8,552 | - | -€8,552 | |
| Profit (loss) for the period | 9904 | -€31,204 | -€34,692 | -€3,487 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,204 | -€34,692 | -€3,487 | -11.2% |
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 20 October 2026 via checked.be.