EXYRO: 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.
EXYRO
Largest movements
- Intangible fixed assets -€203,732
down €203,732 (-10.9%), from €1.9m to €1.7m
- Cash +€26,251
up €26,251 (+33.8%), from €77,748 to €104,000
mainly Short-term financial debts (+€599,000) and Depreciation (+€205,189)
- Receivables within one year -€26,075
down €26,075 (-14.1%), from €184,897 to €158,822
of which Trade receivables: -€23,067
- Debts after one year -€599,000
down €599,000 (-84.2%), from €711,500 to €112,500
- Short-term financial debts +€599,000
up €599,000 (+399.3%), from €150,000 to €749,000
of which Other loans: +€561,500
- Profit (loss) carried forward -€159,979
down €159,979 (-20.6%), from -€778,418 to -€938,397
- Trade debts -€56,294
down €56,294 (-17.4%), from €323,869 to €267,575
- Turnover -€1.3m
no longer reported in 2025 (was €1.3m)
- Purchases and services -€769,867
no longer reported in 2025 (was €769,867)
- Financial income -€37,852
down €37,852 (-83.6%), from €45,304 to €7,452
of which Non-recurring financial income: -€34,906
- Staff costs -€33,650
down €33,650 (-7.7%), from €435,561 to €401,911
- Financial charges +€21,573
up €21,573 (+28.3%), from €76,165 to €97,738
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 | €2,155,169 | €1,931,894 | -€223,274 | -10.4% |
| Fixed assets | 21/28 | €1,874,535 | €1,663,745 | -€210,791 | -11.2% |
| Intangible fixed assets | 21 | €1,865,652 | €1,661,920 | -€203,732 | -10.9% |
| Tangible fixed assets | 22/27 | €3,003 | €1,825 | -€1,178 | -39.2% |
| Furniture and vehicles | 24 | €3,003 | €1,825 | -€1,178 | -39.2% |
| Financial fixed assets | 28 | €5,881 | - | -€5,881 | |
| Current assets | 29/58 | €280,633 | €268,150 | -€12,484 | -4.4% |
| Amounts receivable within one year | 40/41 | €184,897 | €158,822 | -€26,075 | -14.1% |
| Trade receivables | 40 | €49,237 | €26,169 | -€23,067 | -46.8% |
| Other amounts receivable | 41 | €135,660 | €132,653 | -€3,007 | -2.2% |
| Cash at bank and in hand | 54/58 | €77,748 | €104,000 | +€26,251 | +33.8% |
| Deferred charges and accrued income | 490/1 | €17,988 | €5,328 | -€12,660 | -70.4% |
| Total equity and liabilities | 10/49 | €2,155,169 | €1,931,894 | -€223,274 | -10.4% |
| Equity | 10/15 | €770,059 | €610,080 | -€159,979 | -20.8% |
| Contributions | 10/11 | €1,430,453 | €1,430,453 | = | 0.0% |
| Capital | 10 | €1,430,453 | €1,430,453 | = | 0.0% |
| Issued capital | 100 | €1,436,650 | €1,436,650 | = | 0.0% |
| Uncalled capital | 101 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €118,025 | €118,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,369 | €21,369 | = | 0.0% |
| Legal reserve | 130 | €21,369 | €21,369 | = | 0.0% |
| Distributable reserves | 133 | €96,655 | €96,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€778,418 | -€938,397 | -€159,979 | -20.6% |
| Amounts payable | 17/49 | €1,385,110 | €1,321,814 | -€63,295 | -4.6% |
| Amounts payable after more than one year | 17 | €711,500 | €112,500 | -€599,000 | -84.2% |
| Financial debts | 170/4 | €711,500 | €112,500 | -€599,000 | -84.2% |
| Amounts payable within one year | 42/48 | €637,399 | €1,174,836 | +€537,438 | +84.3% |
| Financial debts | 43 | €150,000 | €749,000 | +€599,000 | +399.3% |
| Credit institutions | 430/8 | - | €37,500 | +€37,500 | |
| Other loans | 439 | €150,000 | €711,500 | +€561,500 | +374.3% |
| Trade debts | 44 | €323,869 | €267,575 | -€56,294 | -17.4% |
| Suppliers | 440/4 | €323,869 | €267,575 | -€56,294 | -17.4% |
| Advances received on contracts in progress | 46 | €73,845 | €95,215 | +€21,370 | +28.9% |
| Taxes, remuneration and social security | 45 | €60,944 | €55,113 | -€5,831 | -9.6% |
| Taxes | 450/3 | €9,364 | €10,786 | +€1,421 | +15.2% |
| Remuneration and social security | 454/9 | €51,580 | €44,328 | -€7,252 | -14.1% |
| Other amounts payable | 47/48 | €28,740 | €7,933 | -€20,807 | -72.4% |
| Accrued charges and deferred income | 492/3 | €36,211 | €34,478 | -€1,733 | -4.8% |
| Turnover | 70 | €1,298,838 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €769,867 | - | -€769,867 | |
| Remuneration, social security and pensions | 62 | €435,561 | €401,911 | -€33,650 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,935 | €205,189 | -€746 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,812 | +€4,812 | |
| Other operating charges | 640/8 | €25,437 | €28,970 | +€3,533 | +13.9% |
| Non-recurring operating charges | 66A | €17,751 | - | -€17,751 | |
| Gross operating margin | 9900 | €592,384 | €572,448 | -€19,936 | -3.4% |
| Operating profit (loss) | 9901 | -€92,300 | -€68,436 | +€23,864 | +25.9% |
| Financial income | 75/76B | €45,304 | €7,452 | -€37,852 | -83.6% |
| Recurring financial income | 75 | €10,398 | €7,452 | -€2,946 | -28.3% |
| Non-recurring financial income | 76B | €34,906 | - | -€34,906 | |
| Financial charges | 65/66B | €76,165 | €97,738 | +€21,573 | +28.3% |
| Recurring financial charges | 65 | €76,165 | €97,738 | +€21,573 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | -€123,160 | -€158,722 | -€35,561 | -28.9% |
| Income taxes | 67/77 | €1,443 | €1,257 | -€185 | -12.9% |
| Profit (loss) for the period | 9904 | -€124,603 | -€159,979 | -€35,376 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€124,603 | -€159,979 | -€35,376 | -28.4% |
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 12 October 2026 via checked.be.