EKSPOSE: 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.
EKSPOSE
Largest movements
- Cash +€58,879
up €58,879 (+187%), from €31,522 to €90,401
mainly Net result for the year (+€40,788) and Receivables within one year (+€12,595)
- Receivables within one year -€12,595
down €12,595 (-37.4%), from €33,693 to €21,099
of which Other amounts receivable: -€9,023
- Tangible fixed assets -€8,306
down €8,306 (-19.2%), from €43,238 to €34,931
of which Furniture and vehicles: -€7,918
- Reserves +€40,788
up €40,788 (+66.8%), from €61,087 to €101,875
- Other debts -€10,194
down €10,194 (-54.7%), from €18,631 to €8,438
- Advances received +€5,871
new in 2025: €5,871
- Tax, wage and social debts +€3,801
up €3,801 (+55.5%), from €6,847 to €10,647
of which Taxes: +€3,801
- Trade debts -€2,271
down €2,271 (-58.0%), from €3,917 to €1,647
- Gross operating margin +€6,755
up €6,755 (+10.4%), from €64,908 to €71,662
- Depreciation +€3,386
up €3,386 (+49.1%), from €6,894 to €10,281
- Taxes +€1,226
up €1,226 (+6.6%), from €18,719 to €19,945
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 | €109,082 | €147,077 | +€37,995 | +34.8% |
| Fixed assets | 21/28 | €43,238 | €34,931 | -€8,306 | -19.2% |
| Tangible fixed assets | 22/27 | €43,238 | €34,931 | -€8,306 | -19.2% |
| Plant, machinery and equipment | 23 | €1,938 | €1,550 | -€388 | -20.0% |
| Furniture and vehicles | 24 | €41,300 | €33,382 | -€7,918 | -19.2% |
| Current assets | 29/58 | €65,845 | €112,146 | +€46,302 | +70.3% |
| Amounts receivable within one year | 40/41 | €33,693 | €21,099 | -€12,595 | -37.4% |
| Trade receivables | 40 | €22,037 | €18,465 | -€3,572 | -16.2% |
| Other amounts receivable | 41 | €11,657 | €2,634 | -€9,023 | -77.4% |
| Cash at bank and in hand | 54/58 | €31,522 | €90,401 | +€58,879 | +187% |
| Deferred charges and accrued income | 490/1 | €629 | €646 | +€18 | +2.8% |
| Total equity and liabilities | 10/49 | €109,082 | €147,077 | +€37,995 | +34.8% |
| Equity | 10/15 | €79,687 | €120,475 | +€40,788 | +51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,087 | €101,875 | +€40,788 | +66.8% |
| Distributable reserves | 133 | €61,087 | €101,875 | +€40,788 | +66.8% |
| Amounts payable | 17/49 | €29,395 | €26,603 | -€2,792 | -9.5% |
| Amounts payable within one year | 42/48 | €29,395 | €26,603 | -€2,792 | -9.5% |
| Trade debts | 44 | €3,917 | €1,647 | -€2,271 | -58.0% |
| Suppliers | 440/4 | €3,917 | €1,647 | -€2,271 | -58.0% |
| Advances received on contracts in progress | 46 | - | €5,871 | +€5,871 | |
| Taxes, remuneration and social security | 45 | €6,847 | €10,647 | +€3,801 | +55.5% |
| Taxes | 450/3 | €6,847 | €10,647 | +€3,801 | +55.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €18,631 | €8,438 | -€10,194 | -54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,894 | €10,281 | +€3,386 | +49.1% |
| Other operating charges | 640/8 | €677 | €583 | -€94 | -13.9% |
| Gross operating margin | 9900 | €64,908 | €71,662 | +€6,755 | +10.4% |
| Operating profit (loss) | 9901 | €57,336 | €60,799 | +€3,463 | +6.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €225 | €66 | -€159 | -70.6% |
| Recurring financial charges | 65 | €225 | €66 | -€159 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €57,111 | €60,732 | +€3,622 | +6.3% |
| Income taxes | 67/77 | €18,719 | €19,945 | +€1,226 | +6.6% |
| Profit (loss) for the period | 9904 | €38,392 | €40,788 | +€2,395 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,392 | €40,788 | +€2,395 | +6.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.