CX-Expertise: 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.
CX-Expertise
Largest movements
- Cash -€46,158
down €46,158 (-38.3%), from €120,509 to €74,351
mainly Contributions, distributions and other (-€111,564) and Tax, wage and social debts (-€28,544)
- Tangible fixed assets +€12,271
new in 2025: €12,271
- Receivables within one year +€7,474
up €7,474 (+17.4%), from €43,061 to €50,534
of which Other amounts receivable: +€5,658
- Tax, wage and social debts -€28,544
down €28,544 (-74.9%), from €38,133 to €9,589
- Staff costs -€1,744
down €1,744 (-50.6%), from €3,450 to €1,705
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 | €163,668 | €137,255 | -€26,413 | -16.1% |
| Fixed assets | 21/28 | €99 | €12,370 | +€12,271 | +12,395% |
| Tangible fixed assets | 22/27 | - | €12,271 | +€12,271 | |
| Furniture and vehicles | 24 | - | €12,271 | +€12,271 | |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €163,569 | €124,885 | -€38,684 | -23.6% |
| Amounts receivable within one year | 40/41 | €43,061 | €50,534 | +€7,474 | +17.4% |
| Trade receivables | 40 | €42,622 | €44,438 | +€1,816 | +4.3% |
| Other amounts receivable | 41 | €438 | €6,096 | +€5,658 | +1,291% |
| Cash at bank and in hand | 54/58 | €120,509 | €74,351 | -€46,158 | -38.3% |
| Total equity and liabilities | 10/49 | €163,668 | €137,255 | -€26,413 | -16.1% |
| Equity | 10/15 | €117,247 | €118,854 | +€1,606 | +1.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €114,247 | €115,854 | +€1,606 | +1.4% |
| Distributable reserves | 133 | €114,247 | €115,854 | +€1,606 | +1.4% |
| Amounts payable | 17/49 | €46,421 | €18,401 | -€28,019 | -60.4% |
| Amounts payable within one year | 42/48 | €45,338 | €18,401 | -€26,937 | -59.4% |
| Trade debts | 44 | €1,541 | €3,099 | +€1,558 | +101% |
| Suppliers | 440/4 | €1,541 | €3,099 | +€1,558 | +101% |
| Taxes, remuneration and social security | 45 | €38,133 | €9,589 | -€28,544 | -74.9% |
| Taxes | 450/3 | €38,133 | €9,589 | -€28,544 | -74.9% |
| Other amounts payable | 47/48 | €5,664 | €5,713 | +€49 | +0.9% |
| Accrued charges and deferred income | 492/3 | €1,082 | - | -€1,082 | |
| Remuneration, social security and pensions | 62 | €3,450 | €1,705 | -€1,744 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €952 | +€952 | |
| Other operating charges | 640/8 | €795 | €874 | +€79 | +10.0% |
| Gross operating margin | 9900 | €147,358 | €148,542 | +€1,184 | +0.8% |
| Operating profit (loss) | 9901 | €143,113 | €145,011 | +€1,897 | +1.3% |
| Financial income | 75/76B | €935 | €1,618 | +€683 | +73.1% |
| Recurring financial income | 75 | €935 | €1,618 | +€683 | +73.1% |
| Financial charges | 65/66B | €142 | €130 | -€12 | -8.3% |
| Recurring financial charges | 65 | €142 | €130 | -€12 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €143,906 | €146,498 | +€2,592 | +1.8% |
| Income taxes | 67/77 | €32,342 | €33,328 | +€986 | +3.0% |
| Profit (loss) for the period | 9904 | €111,564 | €113,171 | +€1,606 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €111,564 | €113,171 | +€1,606 | +1.4% |
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 21 October 2026 via checked.be.