EXPAN 2000: 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.
EXPAN 2000
Largest movements
- Receivables within one year -€32,185
down €32,185 (-6.9%), from €464,490 to €432,305
of which Other amounts receivable: -€38,235
- Profit (loss) carried forward -€20,874
down €20,874 (-17.5%), from €119,306 to €98,432
- Trade debts -€10,082
down €10,082 (-49.4%), from €20,396 to €10,315
- Gross operating margin -€10,382
down €10,382 (-89.3%), from -€11,628 to -€22,010
- Other operating charges -€4,415
down €4,415 (-88.8%), from €4,970 to €555
- Financial income -€1,598
down €1,598 (-31.8%), from €5,032 to €3,434
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 | €790,046 | €760,522 | -€29,524 | -3.7% |
| Fixed assets | 21/28 | €155,229 | €158,586 | +€3,356 | +2.2% |
| Tangible fixed assets | 22/27 | €111,112 | €114,468 | +€3,356 | +3.0% |
| Land and buildings | 22 | €93,612 | €96,968 | +€3,356 | +3.6% |
| Other tangible fixed assets | 26 | €17,500 | €17,500 | = | 0.0% |
| Financial fixed assets | 28 | €44,118 | €44,118 | = | 0.0% |
| Current assets | 29/58 | €634,817 | €601,937 | -€32,880 | -5.2% |
| Stocks and contracts in progress | 3 | €167,071 | €167,071 | = | 0.0% |
| Stocks | 30/36 | €167,071 | €167,071 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €464,490 | €432,305 | -€32,185 | -6.9% |
| Trade receivables | 40 | €12,925 | €18,975 | +€6,050 | +46.8% |
| Other amounts receivable | 41 | €451,565 | €413,330 | -€38,235 | -8.5% |
| Cash at bank and in hand | 54/58 | €3,256 | €2,561 | -€695 | -21.4% |
| Total equity and liabilities | 10/49 | €790,046 | €760,522 | -€29,524 | -3.7% |
| Equity | 10/15 | €746,040 | €725,166 | -€20,874 | -2.8% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,306 | €98,432 | -€20,874 | -17.5% |
| Amounts payable | 17/49 | €44,006 | €35,357 | -€8,650 | -19.7% |
| Amounts payable within one year | 42/48 | €44,006 | €35,357 | -€8,650 | -19.7% |
| Trade debts | 44 | €20,396 | €10,315 | -€10,082 | -49.4% |
| Suppliers | 440/4 | €20,396 | €10,315 | -€10,082 | -49.4% |
| Taxes, remuneration and social security | 45 | €516 | €491 | -€25 | -4.9% |
| Taxes | 450/3 | €516 | €491 | -€25 | -4.9% |
| Other amounts payable | 47/48 | €23,094 | €24,552 | +€1,457 | +6.3% |
| Other operating charges | 640/8 | €4,970 | €555 | -€4,415 | -88.8% |
| Gross operating margin | 9900 | -€11,628 | -€22,010 | -€10,382 | -89.3% |
| Operating profit (loss) | 9901 | -€16,598 | -€22,565 | -€5,967 | -36.0% |
| Financial income | 75/76B | €5,032 | €3,434 | -€1,598 | -31.8% |
| Recurring financial income | 75 | €5,032 | €3,434 | -€1,598 | -31.8% |
| Financial charges | 65/66B | €1,823 | €1,743 | -€80 | -4.4% |
| Recurring financial charges | 65 | €1,823 | €1,743 | -€80 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,389 | -€20,874 | -€7,485 | -55.9% |
| Profit (loss) for the period | 9904 | -€13,389 | -€20,874 | -€7,485 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,389 | -€20,874 | -€7,485 | -55.9% |
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 6 October 2026 via checked.be.