REXIT: 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.
REXIT
Largest movements
- Cash -€15,228
down €15,228 (-21.6%), from €70,543 to €55,315
mainly Net result for the year (-€22,917) and Investment in fixed assets (net) (-€1,876)
- Receivables within one year -€6,440
down €6,440 (-16.6%), from €38,857 to €32,416
- Tangible fixed assets -€1,656
down €1,656 (-13.3%), from €12,464 to €10,808
of which Furniture and vehicles: -€1,255
- Profit (loss) carried forward -€22,917
down €22,917 (-48.0%), from -€47,699 to -€70,616
- Gross operating margin +€16,691
up €16,691 (+69.5%), from -€24,025 to -€7,334
- Financial charges +€6,199
up €6,199 (+11469.3%), from €54 to €6,253
of which Financial charges: +€6,199
- Other operating charges +€5,491
up €5,491 (+3907.9%), from €141 to €5,631
- Financial income -€3,038
no longer reported in 2025 (was €3,038)
of which Financial income: -€3,038
- Depreciation +€1,668
up €1,668 (+89.5%), from €1,864 to €3,532
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 | €123,364 | €100,039 | -€23,325 | -18.9% |
| Fixed assets | 21/28 | €13,964 | €12,308 | -€1,656 | -11.9% |
| Tangible fixed assets | 22/27 | €12,464 | €10,808 | -€1,656 | -13.3% |
| Plant, machinery and equipment | 23 | €901 | €500 | -€401 | -44.5% |
| Furniture and vehicles | 24 | €11,563 | €10,308 | -€1,255 | -10.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €109,400 | €87,731 | -€21,669 | -19.8% |
| Amounts receivable within one year | 40/41 | €38,857 | €32,416 | -€6,440 | -16.6% |
| Other amounts receivable | 41 | €38,857 | €32,416 | -€6,440 | -16.6% |
| Cash at bank and in hand | 54/58 | €70,543 | €55,315 | -€15,228 | -21.6% |
| Total equity and liabilities | 10/49 | €123,364 | €100,039 | -€23,325 | -18.9% |
| Equity | 10/15 | €122,761 | €99,844 | -€22,917 | -18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €151,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €146,860 | €146,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,699 | -€70,616 | -€22,917 | -48.0% |
| Amounts payable | 17/49 | €603 | €195 | -€408 | -67.7% |
| Amounts payable within one year | 42/48 | €603 | €195 | -€408 | -67.7% |
| Trade debts | 44 | €278 | €195 | -€84 | -30.1% |
| Suppliers | 440/4 | €278 | €195 | -€84 | -30.1% |
| Taxes, remuneration and social security | 45 | €324 | - | -€324 | |
| Taxes | 450/3 | €324 | - | -€324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,864 | €3,532 | +€1,668 | +89.5% |
| Other operating charges | 640/8 | €141 | €5,631 | +€5,491 | +3907.9% |
| Gross operating margin | 9900 | -€24,025 | -€7,334 | +€16,691 | +69.5% |
| Operating profit (loss) | 9901 | -€26,029 | -€16,497 | +€9,532 | +36.6% |
| Financial income | 75/76B | €3,038 | - | -€3,038 | |
| Recurring financial income | 75 | €3,038 | - | -€3,038 | |
| Non-recurring financial income | 76B | €3,038 | - | -€3,038 | |
| Financial charges | 65/66B | €54 | €6,253 | +€6,199 | +11469.3% |
| Recurring financial charges | 65 | €54 | €6,253 | +€6,199 | +11469.3% |
| Non-recurring financial charges | 66B | €54 | €6,253 | +€6,199 | +11469.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,045 | -€22,750 | +€295 | +1.3% |
| Income taxes | 67/77 | - | €167 | +€167 | |
| Profit (loss) for the period | 9904 | -€23,045 | -€22,917 | +€129 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,045 | -€22,917 | +€129 | +0.6% |
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 9 October 2026 via checked.be.