exP nature: 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.
exP nature
Largest movements
- Current investments +€14,675
up €14,675 (+93.9%), from €15,622 to €30,296
- Cash +€3,548
up €3,548 (+61.1%), from €5,812 to €9,360
mainly Net result for the year (+€13,754) and Trade debts (+€9,895)
- Receivables within one year +€3,374
up €3,374 (+39.5%), from €8,531 to €11,905
of which Trade receivables: +€2,971
- Tangible fixed assets -€1,747
down €1,747 (-38.6%), from €4,521 to €2,774
of which Furniture and vehicles: -€1,426
- Profit (loss) carried forward +€13,754
up €13,754 (+40.4%), from -€34,046 to -€20,292
- Trade debts +€9,895
up €9,895 (+1388.7%), from €713 to €10,608
- Other debts -€7,449
down €7,449 (-16.1%), from €46,217 to €38,768
- Tax, wage and social debts +€1,785
up €1,785 (+56.1%), from €3,180 to €4,965
- Accrued charges and deferred income +€1,686
new in 2025: €1,686
- Gross operating margin +€6,381
up €6,381 (+56.6%), from €11,278 to €17,658
- Depreciation -€2,907
down €2,907 (-62.5%), from €4,654 to €1,747
- Taxes +€1,838
up €1,838 (+769.4%), from €239 to €2,076
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €34,663 | €54,335 | +€19,672 | +56.8% |
| Fixed assets | 21/28 | €4,521 | €2,774 | -€1,747 | -38.6% |
| Tangible fixed assets | 22/27 | €4,521 | €2,774 | -€1,747 | -38.6% |
| Plant, machinery and equipment | 23 | €395 | €266 | -€130 | -32.8% |
| Furniture and vehicles | 24 | €3,359 | €1,933 | -€1,426 | -42.4% |
| Other tangible fixed assets | 26 | €766 | €575 | -€192 | -25.0% |
| Current assets | 29/58 | €30,143 | €51,561 | +€21,418 | +71.1% |
| Amounts receivable within one year | 40/41 | €8,531 | €11,905 | +€3,374 | +39.5% |
| Trade receivables | 40 | €8,049 | €11,020 | +€2,971 | +36.9% |
| Other amounts receivable | 41 | €483 | €885 | +€403 | +83.4% |
| Current investments | 50/53 | €15,622 | €30,296 | +€14,675 | +93.9% |
| Cash at bank and in hand | 54/58 | €5,812 | €9,360 | +€3,548 | +61.1% |
| Deferred charges and accrued income | 490/1 | €178 | - | -€178 | |
| Total equity and liabilities | 10/49 | €34,663 | €54,335 | +€19,672 | +56.8% |
| Equity | 10/15 | -€15,446 | -€1,692 | +€13,754 | +89.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,046 | -€20,292 | +€13,754 | +40.4% |
| Amounts payable | 17/49 | €50,110 | €56,027 | +€5,917 | +11.8% |
| Amounts payable within one year | 42/48 | €50,110 | €54,341 | +€4,232 | +8.4% |
| Trade debts | 44 | €713 | €10,608 | +€9,895 | +1388.7% |
| Suppliers | 440/4 | €713 | €10,608 | +€9,895 | +1388.7% |
| Taxes, remuneration and social security | 45 | €3,180 | €4,965 | +€1,785 | +56.1% |
| Taxes | 450/3 | €3,180 | €4,965 | +€1,785 | +56.1% |
| Other amounts payable | 47/48 | €46,217 | €38,768 | -€7,449 | -16.1% |
| Accrued charges and deferred income | 492/3 | - | €1,686 | +€1,686 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,654 | €1,747 | -€2,907 | -62.5% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €11,278 | €17,658 | +€6,381 | +56.6% |
| Operating profit (loss) | 9901 | €6,239 | €15,912 | +€9,672 | +155.0% |
| Financial income | 75/76B | €58 | €174 | +€116 | +201.1% |
| Recurring financial income | 75 | €58 | €174 | +€116 | +201.1% |
| Financial charges | 65/66B | €189 | €255 | +€66 | +35.2% |
| Recurring financial charges | 65 | €189 | €255 | +€66 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €6,109 | €15,831 | +€9,722 | +159.2% |
| Income taxes | 67/77 | €239 | €2,076 | +€1,838 | +769.4% |
| Profit (loss) for the period | 9904 | €5,870 | €13,754 | +€7,885 | +134.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,870 | €13,754 | +€7,885 | +134.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.