EXZEN3: 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.
EXZEN3
Largest movements
- Receivables within one year -€7,246
down €7,246 (-68.9%), from €10,519 to €3,273
of which Trade receivables: -€7,601
- Tangible fixed assets -€1,861
down €1,861 (-1.9%), from €96,081 to €94,220
of which Plant, machinery and equipment: -€2,151
- Debts after one year -€17,162
down €17,162 (-23.4%), from €73,349 to €56,187
- Trade debts +€6,282
up €6,282 (+169%), from €3,723 to €10,005
- Other debts +€2,163
up €2,163 (+6,571%), from €33 to €2,196
- Profit (loss) carried forward -€1,962
down €1,962 (-41.7%), from -€4,704 to -€6,665
- Tax, wage and social debts +€1,418
up €1,418 (+7.9%), from €17,969 to €19,387
of which Taxes: +€4,080
- Staff costs -€8,034
down €8,034 (-95.4%), from €8,426 to €392
- Depreciation +€5,198
up €5,198 (+55.5%), from €9,358 to €14,556
- Gross operating margin -€5,006
down €5,006 (-17.4%), from €28,711 to €23,706
- Other operating charges +€1,396
up €1,396 (+81.2%), from €1,719 to €3,115
- Taxes -€716
down €716 (-42.7%), from €1,676 to €960
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 | €125,366 | €117,128 | -€8,238 | -6.6% |
| Fixed assets | 21/28 | €96,081 | €94,220 | -€1,861 | -1.9% |
| Tangible fixed assets | 22/27 | €96,081 | €94,220 | -€1,861 | -1.9% |
| Land and buildings | 22 | €86,542 | €87,514 | +€972 | +1.1% |
| Plant, machinery and equipment | 23 | €8,676 | €6,525 | -€2,151 | -24.8% |
| Furniture and vehicles | 24 | €587 | - | -€587 | |
| Leasing and similar rights | 25 | €277 | €181 | -€96 | -34.6% |
| Current assets | 29/58 | €29,284 | €22,908 | -€6,377 | -21.8% |
| Stocks and contracts in progress | 3 | €8,802 | €8,855 | +€53 | +0.6% |
| Stocks | 30/36 | €8,802 | €8,855 | +€53 | +0.6% |
| Amounts receivable within one year | 40/41 | €10,519 | €3,273 | -€7,246 | -68.9% |
| Trade receivables | 40 | €10,504 | €2,904 | -€7,601 | -72.4% |
| Other amounts receivable | 41 | €15 | €369 | +€354 | +2,335% |
| Cash at bank and in hand | 54/58 | €9,964 | €9,787 | -€177 | -1.8% |
| Deferred charges and accrued income | 490/1 | - | €993 | +€993 | |
| Total equity and liabilities | 10/49 | €125,366 | €117,128 | -€8,238 | -6.6% |
| Equity | 10/15 | €13,896 | €11,935 | -€1,962 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,704 | -€6,665 | -€1,962 | -41.7% |
| Amounts payable | 17/49 | €111,470 | €105,193 | -€6,276 | -5.6% |
| Amounts payable after more than one year | 17 | €73,349 | €56,187 | -€17,162 | -23.4% |
| Financial debts | 170/4 | €73,349 | €56,187 | -€17,162 | -23.4% |
| Amounts payable within one year | 42/48 | €38,121 | €49,007 | +€10,886 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €16,396 | €17,162 | +€766 | +4.7% |
| Financial debts | 43 | - | €258 | +€258 | |
| Credit institutions | 430/8 | - | €258 | +€258 | |
| Trade debts | 44 | €3,723 | €10,005 | +€6,282 | +169% |
| Suppliers | 440/4 | €3,723 | €10,005 | +€6,282 | +169% |
| Taxes, remuneration and social security | 45 | €17,969 | €19,387 | +€1,418 | +7.9% |
| Taxes | 450/3 | €15,307 | €19,387 | +€4,080 | +26.7% |
| Remuneration and social security | 454/9 | €2,662 | - | -€2,662 | |
| Other amounts payable | 47/48 | €33 | €2,196 | +€2,163 | +6,571% |
| Remuneration, social security and pensions | 62 | €8,426 | €392 | -€8,034 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,358 | €14,556 | +€5,198 | +55.5% |
| Other operating charges | 640/8 | €1,719 | €3,115 | +€1,396 | +81.2% |
| Gross operating margin | 9900 | €28,711 | €23,706 | -€5,006 | -17.4% |
| Operating profit (loss) | 9901 | €9,208 | €5,643 | -€3,565 | -38.7% |
| Financial income | 75/76B | €55 | €81 | +€26 | +46.8% |
| Recurring financial income | 75 | €55 | €81 | +€26 | +46.8% |
| Financial charges | 65/66B | €7,210 | €6,725 | -€485 | -6.7% |
| Recurring financial charges | 65 | €7,210 | €6,725 | -€485 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €2,053 | -€1,001 | -€3,054 | |
| Income taxes | 67/77 | €1,676 | €960 | -€716 | -42.7% |
| Profit (loss) for the period | 9904 | €377 | -€1,962 | -€2,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €377 | -€1,962 | -€2,338 |
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.