L'EKSTEN: 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.
L'EKSTEN
Largest movements
- Cash -€22,722
down €22,722 (-23.7%), from €95,897 to €73,176
mainly Other debts (-€21,883) and Stocks and contracts (-€7,664)
- Stocks and contracts +€7,664
up €7,664 (+108.8%), from €7,042 to €14,706
- Deferred charges and accrued income +€1,771
new in 2025: €1,771
- Other debts -€21,883
no longer reported in 2025 (was €21,883)
- Trade debts +€6,595
up €6,595 (+32.3%), from €20,417 to €27,012
- Staff costs -€12,443
down €12,443 (-7.0%), from €178,721 to €166,278
- Purchases and services -€9,293
down €9,293 (-2.9%), from €317,361 to €308,067
- Turnover -€5,463
down €5,463 (-1.1%), from €486,957 to €481,495
- Gross operating margin +€4,909
up €4,909 (+2.8%), from €174,057 to €178,966
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 | €112,653 | €97,286 | -€15,367 | -13.6% |
| Fixed assets | 21/28 | €4,694 | €3,620 | -€1,075 | -22.9% |
| Tangible fixed assets | 22/27 | €4,494 | €3,420 | -€1,075 | -23.9% |
| Plant, machinery and equipment | 23 | €1,265 | €998 | -€267 | -21.1% |
| Furniture and vehicles | 24 | €3,230 | €2,422 | -€808 | -25.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €107,958 | €93,666 | -€14,292 | -13.2% |
| Stocks and contracts in progress | 3 | €7,042 | €14,706 | +€7,664 | +108.8% |
| Stocks | 30/36 | €7,042 | €14,706 | +€7,664 | +108.8% |
| Amounts receivable within one year | 40/41 | €5,019 | €4,013 | -€1,006 | -20.0% |
| Trade receivables | 40 | €1,009 | €334 | -€674 | -66.9% |
| Other amounts receivable | 41 | €4,010 | €3,679 | -€331 | -8.3% |
| Cash at bank and in hand | 54/58 | €95,897 | €73,176 | -€22,722 | -23.7% |
| Deferred charges and accrued income | 490/1 | - | €1,771 | +€1,771 | |
| Total equity and liabilities | 10/49 | €112,653 | €97,286 | -€15,367 | -13.6% |
| Equity | 10/15 | €41,619 | €41,653 | +€34 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | €21,168 | €21,202 | +€34 | +0.2% |
| Amounts payable | 17/49 | €71,034 | €55,633 | -€15,401 | -21.7% |
| Amounts payable within one year | 42/48 | €69,089 | €53,609 | -€15,480 | -22.4% |
| Trade debts | 44 | €20,417 | €27,012 | +€6,595 | +32.3% |
| Suppliers | 440/4 | €20,417 | €27,012 | +€6,595 | +32.3% |
| Taxes, remuneration and social security | 45 | €26,788 | €26,596 | -€192 | -0.7% |
| Taxes | 450/3 | €12,758 | €14,254 | +€1,496 | +11.7% |
| Remuneration and social security | 454/9 | €14,030 | €12,342 | -€1,688 | -12.0% |
| Other amounts payable | 47/48 | €21,883 | - | -€21,883 | |
| Accrued charges and deferred income | 492/3 | €1,945 | €2,024 | +€79 | +4.0% |
| Turnover | 70 | €486,957 | €481,495 | -€5,463 | -1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €317,361 | €308,067 | -€9,293 | -2.9% |
| Remuneration, social security and pensions | 62 | €178,721 | €166,278 | -€12,443 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €1,075 | -€384 | -26.3% |
| Other operating charges | 640/8 | €853 | €3,244 | +€2,391 | +280.5% |
| Gross operating margin | 9900 | €174,057 | €178,966 | +€4,909 | +2.8% |
| Operating profit (loss) | 9901 | -€6,975 | €8,370 | +€15,345 | |
| Financial charges | 65/66B | €8,044 | €8,336 | +€291 | +3.6% |
| Recurring financial charges | 65 | €8,044 | €8,336 | +€291 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,020 | €34 | +€15,054 | |
| Profit (loss) for the period | 9904 | -€15,020 | €34 | +€15,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,020 | €34 | +€15,054 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.