ECXpert: what changed
Two fiscal 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.
ECXpert
Largest movements
- Receivables within one year +€43,193
up €43,193 (+73.1%), from €59,084 to €102,277
of which Other amounts receivable: +€27,510
- Cash +€14,887
up €14,887 (+54.2%), from €27,458 to €42,344
mainly Net result for the year (+€45,829) and Tax, wage and social debts (+€10,082)
- Deferred charges and accrued income +€3,835
up €3,835 (+261.6%), from €1,466 to €5,301
- Reserves +€45,829
up €45,829 (+71.1%), from €64,427 to €110,256
- Tax, wage and social debts +€10,082
up €10,082 (+57.2%), from €17,622 to €27,704
- Trade debts +€3,656
up €3,656 (+123.6%), from €2,958 to €6,614
- Accrued charges and deferred income +€2,348
new in 2025: €2,348
- Gross operating margin +€25,577
up €25,577 (+76.4%), from €33,471 to €59,048
- Taxes +€5,024
up €5,024 (+57.6%), from €8,724 to €13,748
- Financial income +€1,760
up €1,760 (+117.5%), from €1,498 to €3,258
- Financial charges +€924
up €924 (+80.0%), from €1,154 to €2,078
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 | €88,008 | €149,922 | +€61,914 | +70.4% |
| Current assets | 29/58 | €88,008 | €149,922 | +€61,914 | +70.4% |
| Amounts receivable within one year | 40/41 | €59,084 | €102,277 | +€43,193 | +73.1% |
| Trade receivables | 40 | €14,354 | €30,037 | +€15,683 | +109.3% |
| Other amounts receivable | 41 | €44,731 | €72,240 | +€27,510 | +61.5% |
| Cash at bank and in hand | 54/58 | €27,458 | €42,344 | +€14,887 | +54.2% |
| Deferred charges and accrued income | 490/1 | €1,466 | €5,301 | +€3,835 | +261.6% |
| Total equity and liabilities | 10/49 | €88,008 | €149,922 | +€61,914 | +70.4% |
| Equity | 10/15 | €67,427 | €113,256 | +€45,829 | +68.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,427 | €110,256 | +€45,829 | +71.1% |
| Distributable reserves | 133 | €64,427 | €110,256 | +€45,829 | +71.1% |
| Amounts payable | 17/49 | €20,580 | €36,666 | +€16,086 | +78.2% |
| Amounts payable within one year | 42/48 | €20,580 | €34,318 | +€13,738 | +66.8% |
| Trade debts | 44 | €2,958 | €6,614 | +€3,656 | +123.6% |
| Suppliers | 440/4 | €2,958 | €6,614 | +€3,656 | +123.6% |
| Taxes, remuneration and social security | 45 | €17,622 | €27,704 | +€10,082 | +57.2% |
| Taxes | 450/3 | €17,622 | €27,704 | +€10,082 | +57.2% |
| Accrued charges and deferred income | 492/3 | - | €2,348 | +€2,348 | |
| Other operating charges | 640/8 | €1,029 | €650 | -€379 | -36.8% |
| Gross operating margin | 9900 | €33,471 | €59,048 | +€25,577 | +76.4% |
| Operating profit (loss) | 9901 | €32,442 | €58,397 | +€25,956 | +80.0% |
| Financial income | 75/76B | €1,498 | €3,258 | +€1,760 | +117.5% |
| Recurring financial income | 75 | €1,498 | €3,258 | +€1,760 | +117.5% |
| Financial charges | 65/66B | €1,154 | €2,078 | +€924 | +80.0% |
| Recurring financial charges | 65 | €1,154 | €2,078 | +€924 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €32,785 | €59,577 | +€26,791 | +81.7% |
| Income taxes | 67/77 | €8,724 | €13,748 | +€5,024 | +57.6% |
| Profit (loss) for the period | 9904 | €24,062 | €45,829 | +€21,767 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,062 | €45,829 | +€21,767 | +90.5% |
Source: filed annual accounts (NBB), fiscal 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.