EXPANT: 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.
EXPANT
Largest movements
- Receivables within one year -€26,742
down €26,742 (-98.2%), from €27,235 to €493
of which Trade receivables: -€26,591
- Cash +€22,201
up €22,201 (+69.7%), from €31,854 to €54,055
mainly Receivables within one year (+€26,742) and Stocks and contracts (+€4,180)
- Stocks and contracts -€4,180
down €4,180 (-15.1%), from €27,675 to €23,495
- Profit (loss) carried forward -€6,669
down €6,669 (-8.1%), from €81,938 to €75,269
- Trade debts -€2,580
down €2,580 (-89.6%), from €2,879 to €299
- Turnover -€25,182
down €25,182 (-24.4%), from €103,007 to €77,825
- Purchases and services -€14,830
down €14,830 (-15.1%), from €98,218 to €83,388
- Gross operating margin -€10,352
down €10,352, from €4,789 to -€5,563
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 | €86,764 | €78,043 | -€8,721 | -10.1% |
| Current assets | 29/58 | €86,764 | €78,043 | -€8,721 | -10.1% |
| Stocks and contracts in progress | 3 | €27,675 | €23,495 | -€4,180 | -15.1% |
| Stocks | 30/36 | €27,675 | €23,495 | -€4,180 | -15.1% |
| Amounts receivable within one year | 40/41 | €27,235 | €493 | -€26,742 | -98.2% |
| Trade receivables | 40 | €26,591 | - | -€26,591 | |
| Other amounts receivable | 41 | €644 | €493 | -€151 | -23.4% |
| Cash at bank and in hand | 54/58 | €31,854 | €54,055 | +€22,201 | +69.7% |
| Total equity and liabilities | 10/49 | €86,764 | €78,043 | -€8,721 | -10.1% |
| Equity | 10/15 | €83,797 | €77,128 | -€6,669 | -8.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,938 | €75,269 | -€6,669 | -8.1% |
| Amounts payable | 17/49 | €2,967 | €915 | -€2,052 | -69.2% |
| Amounts payable within one year | 42/48 | €2,967 | €915 | -€2,052 | -69.2% |
| Trade debts | 44 | €2,879 | €299 | -€2,580 | -89.6% |
| Suppliers | 440/4 | €2,879 | €299 | -€2,580 | -89.6% |
| Advances received on contracts in progress | 46 | - | €616 | +€616 | |
| Taxes, remuneration and social security | 45 | €88 | - | -€88 | |
| Taxes | 450/3 | €88 | - | -€88 | |
| Turnover | 70 | €103,007 | €77,825 | -€25,182 | -24.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,218 | €83,388 | -€14,830 | -15.1% |
| Remuneration, social security and pensions | 62 | €266 | €21 | -€245 | -92.1% |
| Other operating charges | 640/8 | €890 | €911 | +€21 | +2.4% |
| Gross operating margin | 9900 | €4,789 | -€5,563 | -€10,352 | |
| Operating profit (loss) | 9901 | €3,633 | -€6,495 | -€10,128 | |
| Financial charges | 65/66B | €208 | €173 | -€35 | -16.8% |
| Recurring financial charges | 65 | €208 | €173 | -€35 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €3,425 | -€6,668 | -€10,093 | |
| Income taxes | 67/77 | €919 | - | -€919 | |
| Profit (loss) for the period | 9904 | €2,506 | -€6,668 | -€9,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,506 | -€6,668 | -€9,174 |
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 7 October 2026 via checked.be.