EXXENSIS: 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.
EXXENSIS
Largest movements
- Current investments -€23,023
down €23,023 (-18.9%), from €121,840 to €98,817
- Tangible fixed assets -€3,872
down €3,872 (-60.4%), from €6,411 to €2,539
of which Furniture and vehicles: -€3,522
- Receivables within one year -€3,059
down €3,059 (-30.6%), from €10,011 to €6,952
of which Other amounts receivable: -€3,059
- Profit (loss) carried forward -€28,149
down €28,149 (-159%), from -€17,650 to -€45,800
- Other debts +€16,805
up €16,805 (+25.2%), from €66,796 to €83,600
- Debts after one year -€14,660
down €14,660 (-54.3%), from €27,011 to €12,352
- Gross operating margin -€9,302
down €9,302 (-83.6%), from -€11,132 to -€20,435
- Financial charges +€1,302
up €1,302 (+108%), from €1,200 to €2,502
- Depreciation -€441
down €441 (-10.2%), from €4,313 to €3,872
- Financial income -€377
down €377 (-100%), from €377 to €0
- Other operating charges -€267
down €267 (-27.7%), from €965 to €697
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 | €288,130 | €259,452 | -€28,678 | -10.0% |
| Fixed assets | 21/28 | €115,411 | €111,539 | -€3,872 | -3.4% |
| Tangible fixed assets | 22/27 | €6,411 | €2,539 | -€3,872 | -60.4% |
| Furniture and vehicles | 24 | €4,446 | €924 | -€3,522 | -79.2% |
| Other tangible fixed assets | 26 | €1,964 | €1,614 | -€350 | -17.8% |
| Financial fixed assets | 28 | €109,000 | €109,000 | = | 0.0% |
| Current assets | 29/58 | €172,720 | €147,914 | -€24,806 | -14.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,011 | €6,952 | -€3,059 | -30.6% |
| Trade receivables | 40 | €1,022 | €1,022 | = | 0.0% |
| Other amounts receivable | 41 | €8,988 | €5,929 | -€3,059 | -34.0% |
| Current investments | 50/53 | €121,840 | €98,817 | -€23,023 | -18.9% |
| Cash at bank and in hand | 54/58 | €14,721 | €15,522 | +€801 | +5.4% |
| Deferred charges and accrued income | 490/1 | €1,148 | €1,623 | +€475 | +41.4% |
| Total equity and liabilities | 10/49 | €288,130 | €259,452 | -€28,678 | -10.0% |
| Equity | 10/15 | €174,789 | €146,639 | -€28,149 | -16.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €180,039 | €180,039 | = | 0.0% |
| Distributable reserves | 133 | €180,039 | €180,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,650 | -€45,800 | -€28,149 | -159% |
| Amounts payable | 17/49 | €113,342 | €112,813 | -€529 | -0.5% |
| Amounts payable after more than one year | 17 | €27,011 | €12,352 | -€14,660 | -54.3% |
| Financial debts | 170/4 | €27,011 | €12,352 | -€14,660 | -54.3% |
| Amounts payable within one year | 42/48 | €86,331 | €100,461 | +€14,131 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €14,484 | €14,660 | +€176 | +1.2% |
| Financial debts | 43 | - | €41 | +€41 | |
| Other loans | 439 | - | €41 | +€41 | |
| Trade debts | 44 | €1,619 | €1,516 | -€103 | -6.3% |
| Suppliers | 440/4 | €1,619 | €1,516 | -€103 | -6.3% |
| Taxes, remuneration and social security | 45 | €3,432 | €644 | -€2,788 | -81.2% |
| Taxes | 450/3 | €3,432 | €644 | -€2,788 | -81.2% |
| Other amounts payable | 47/48 | €66,796 | €83,600 | +€16,805 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,313 | €3,872 | -€441 | -10.2% |
| Other operating charges | 640/8 | €965 | €697 | -€267 | -27.7% |
| Gross operating margin | 9900 | -€11,132 | -€20,435 | -€9,302 | -83.6% |
| Operating profit (loss) | 9901 | -€16,410 | -€25,004 | -€8,594 | -52.4% |
| Financial income | 75/76B | €377 | €0 | -€377 | -100% |
| Recurring financial income | 75 | €377 | €0 | -€377 | -100% |
| Financial charges | 65/66B | €1,200 | €2,502 | +€1,302 | +108% |
| Recurring financial charges | 65 | €1,200 | €2,502 | +€1,302 | +108% |
| Profit (loss) for the period before taxes | 9903 | -€17,233 | -€27,506 | -€10,273 | -59.6% |
| Income taxes | 67/77 | €417 | €644 | +€227 | +54.4% |
| Profit (loss) for the period | 9904 | -€17,650 | -€28,149 | -€10,499 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,650 | -€28,149 | -€10,499 | -59.5% |
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 21 October 2026 via checked.be.