ExoXpert: what changed
ExoXpert
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+99.7%), from €1.0m to €2.0m
of which Other amounts receivable: +€1.1m
- Other debts +€1.7m
up €1.7m (+506%), from €343,271 to €2.1m
- Profit (loss) carried forward -€1.7m
down €1.7m (-76.3%), from -€2.2m to -€4.0m
- Trade debts +€1.1m
up €1.1m (+45.5%), from €2.4m to €3.5m
- Tax, wage and social debts -€124,105
down €124,105 (-27.8%), from €445,816 to €321,711
of which Remuneration and social security: -€67,326
- Other operating charges -€804,085
down €804,085 (-34.7%), from €2.3m to €1.5m
- Purchases and services +€356,340
new in 2025: €356,340
- Gross operating margin -€332,605
down €332,605 (-31.4%), from €1.1m to €726,952
- Staff costs -€113,401
down €113,401 (-11.6%), from €975,475 to €862,074
- Financial charges +€52,359
up €52,359 (+1,670%), from €3,135 to €55,493
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,038,268 | €2,050,587 | +€1.0m | +97.5% |
| Formation expenses | 20 | €1,272 | €952 | -€320 | -25.2% |
| Fixed assets | 21/28 | €8,109 | €6,171 | -€1,938 | -23.9% |
| Intangible fixed assets | 21 | €7,914 | €5,976 | -€1,938 | -24.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €1,028,887 | €2,043,465 | +€1.0m | +98.6% |
| Amounts receivable within one year | 40/41 | €1,017,086 | €2,031,410 | +€1.0m | +99.7% |
| Trade receivables | 40 | €78,472 | - | -€78,472 | |
| Other amounts receivable | 41 | €938,614 | €2,031,410 | +€1.1m | +116% |
| Cash at bank and in hand | 54/58 | €11,081 | €4,919 | -€6,163 | -55.6% |
| Deferred charges and accrued income | 490/1 | €720 | €7,136 | +€6,417 | +892% |
| Total equity and liabilities | 10/49 | €1,038,268 | €2,050,587 | +€1.0m | +97.5% |
| Equity | 10/15 | -€2,190,370 | -€3,900,147 | -€1.7m | -78.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,240,370 | -€3,950,147 | -€1.7m | -76.3% |
| Amounts payable | 17/49 | €3,228,637 | €5,950,735 | +€2.7m | +84.3% |
| Amounts payable within one year | 42/48 | €3,228,637 | €5,950,735 | +€2.7m | +84.3% |
| Trade debts | 44 | €2,439,550 | €3,549,736 | +€1.1m | +45.5% |
| Suppliers | 440/4 | €2,439,550 | €3,549,736 | +€1.1m | +45.5% |
| Taxes, remuneration and social security | 45 | €445,816 | €321,711 | -€124,105 | -27.8% |
| Taxes | 450/3 | €183,988 | €127,209 | -€56,779 | -30.9% |
| Remuneration and social security | 454/9 | €261,828 | €194,502 | -€67,326 | -25.7% |
| Other amounts payable | 47/48 | €343,271 | €2,079,288 | +€1.7m | +506% |
| Turnover | 70 | - | €42,100 | +€42,100 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €356,340 | +€356,340 | |
| Remuneration, social security and pensions | 62 | €975,475 | €862,074 | -€113,401 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,106 | €2,258 | +€152 | +7.2% |
| Other operating charges | 640/8 | €2,319,210 | €1,515,125 | -€804,085 | -34.7% |
| Gross operating margin | 9900 | €1,059,557 | €726,952 | -€332,605 | -31.4% |
| Operating profit (loss) | 9901 | -€2,237,235 | -€1,652,506 | +€584,729 | +26.1% |
| Financial charges | 65/66B | €3,135 | €55,493 | +€52,359 | +1,670% |
| Recurring financial charges | 65 | €3,135 | €55,493 | +€52,359 | +1,670% |
| Profit (loss) for the period before taxes | 9903 | -€2,240,370 | -€1,707,999 | +€532,371 | +23.8% |
| Income taxes | 67/77 | - | €1,779 | +€1,779 | |
| Profit (loss) for the period | 9904 | -€2,240,370 | -€1,709,778 | +€530,592 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,240,370 | -€1,709,778 | +€530,592 | +23.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.