EXPANDO CONSEILS: 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.
EXPANDO CONSEILS
Largest movements
- Cash +€11,823
up €11,823 (+39.5%), from €29,927 to €41,750
mainly Net result for the year (+€15,871) and Tax, wage and social debts (+€9,891)
- Tangible fixed assets -€1,047
down €1,047 (-10.1%), from €10,342 to €9,295
of which Furniture and vehicles: -€611
- Tax, wage and social debts +€9,891
up €9,891 (+81.7%), from €12,103 to €21,994
of which Taxes: +€9,891
- Profit (loss) carried forward +€871
up €871 (+6.2%), from €13,974 to €14,845
- Gross operating margin +€20,772
up €20,772 (+340.4%), from €6,103 to €26,876
- Taxes -€1,585
down €1,585 (-18.8%), from €8,414 to €6,829
- Depreciation -€732
down €732 (-41.1%), from €1,779 to €1,047
- Financial charges -€692
down €692 (-22.8%), from €3,034 to €2,342
- Other operating charges +€310
up €310 (+51.5%), from €601 to €911
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 | €47,476 | €58,248 | +€10,772 | +22.7% |
| Fixed assets | 21/28 | €10,342 | €9,295 | -€1,047 | -10.1% |
| Tangible fixed assets | 22/27 | €10,342 | €9,295 | -€1,047 | -10.1% |
| Land and buildings | 22 | €150 | €0 | -€150 | -100.0% |
| Plant, machinery and equipment | 23 | €1,809 | €1,523 | -€286 | -15.8% |
| Furniture and vehicles | 24 | €1,583 | €972 | -€611 | -38.6% |
| Other tangible fixed assets | 26 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €37,134 | €48,953 | +€11,819 | +31.8% |
| Amounts receivable after more than one year | 29 | €7,000 | €7,000 | = | 0.0% |
| Other amounts receivable | 291 | €7,000 | €7,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €29,927 | €41,750 | +€11,823 | +39.5% |
| Deferred charges and accrued income | 490/1 | €207 | €203 | -€4 | -2.0% |
| Total equity and liabilities | 10/49 | €47,476 | €58,248 | +€10,772 | +22.7% |
| Equity | 10/15 | €29,374 | €30,245 | +€871 | +3.0% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,974 | €14,845 | +€871 | +6.2% |
| Amounts payable | 17/49 | €18,102 | €28,003 | +€9,901 | +54.7% |
| Amounts payable within one year | 42/48 | €17,966 | €28,003 | +€10,037 | +55.9% |
| Trade debts | 44 | €4,142 | €4,459 | +€317 | +7.7% |
| Suppliers | 440/4 | €4,142 | €4,459 | +€317 | +7.7% |
| Taxes, remuneration and social security | 45 | €12,103 | €21,994 | +€9,891 | +81.7% |
| Taxes | 450/3 | €12,103 | €21,994 | +€9,891 | +81.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,721 | €1,550 | -€171 | -9.9% |
| Accrued charges and deferred income | 492/3 | €136 | - | -€136 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,779 | €1,047 | -€732 | -41.1% |
| Other operating charges | 640/8 | €601 | €911 | +€310 | +51.5% |
| Gross operating margin | 9900 | €6,103 | €26,876 | +€20,772 | +340.4% |
| Operating profit (loss) | 9901 | €3,723 | €24,917 | +€21,195 | +569.3% |
| Financial income | 75/76B | €145 | €124 | -€21 | -14.4% |
| Recurring financial income | 75 | €145 | €124 | -€21 | -14.4% |
| Financial charges | 65/66B | €3,034 | €2,342 | -€692 | -22.8% |
| Recurring financial charges | 65 | €3,034 | €2,342 | -€692 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €834 | €22,700 | +€21,865 | +2620.3% |
| Income taxes | 67/77 | €8,414 | €6,829 | -€1,585 | -18.8% |
| Profit (loss) for the period | 9904 | -€7,579 | €15,871 | +€23,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,579 | €15,871 | +€23,450 |
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 4 October 2026 via checked.be.