EXPANTIS: 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.
EXPANTIS
Largest movements
- Receivables within one year +€23,959
up €23,959 (+253%), from €9,476 to €33,435
of which Trade receivables: +€19,957
- Cash -€3,916
down €3,916 (-55.0%), from €7,119 to €3,203
mainly Receivables within one year (-€23,959) and Tax, wage and social debts (-€3,318)
- Tangible fixed assets -€671
down €671 (-91.4%), from €734 to €63
- Profit (loss) carried forward +€12,210
up €12,210 (+2,544%), from €480 to €12,690
- Trade debts +€10,284
up €10,284 (+267%), from €3,846 to €14,130
- Tax, wage and social debts -€3,318
down €3,318 (-48.8%), from €6,797 to €3,479
- Short-term financial debts +€568
new in 2025: €568
- Gross operating margin +€16,621
up €16,621 (+277%), from €6,005 to €22,626
- Staff costs +€9,157
new in 2025: €9,157
- Financial charges -€2,207
down €2,207 (-91.7%), from €2,406 to €199
of which Non-recurring financial charges: -€1,730
- Other operating charges -€707
down €707 (-63.9%), from €1,107 to €400
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 | €19,183 | €38,927 | +€19,744 | +103% |
| Fixed assets | 21/28 | €2,539 | €2,078 | -€461 | -18.2% |
| Tangible fixed assets | 22/27 | €734 | €63 | -€671 | -91.4% |
| Plant, machinery and equipment | 23 | €734 | €63 | -€671 | -91.4% |
| Financial fixed assets | 28 | €1,805 | €2,015 | +€210 | +11.6% |
| Current assets | 29/58 | €16,644 | €36,849 | +€20,205 | +121% |
| Amounts receivable within one year | 40/41 | €9,476 | €33,435 | +€23,959 | +253% |
| Trade receivables | 40 | €7,469 | €27,426 | +€19,957 | +267% |
| Other amounts receivable | 41 | €2,007 | €6,009 | +€4,002 | +199% |
| Cash at bank and in hand | 54/58 | €7,119 | €3,203 | -€3,916 | -55.0% |
| Deferred charges and accrued income | 490/1 | €49 | €211 | +€162 | +331% |
| Total equity and liabilities | 10/49 | €19,183 | €38,927 | +€19,744 | +103% |
| Equity | 10/15 | €8,540 | €20,750 | +€12,210 | +143% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €480 | €12,690 | +€12,210 | +2,544% |
| Amounts payable | 17/49 | €10,643 | €18,177 | +€7,534 | +70.8% |
| Amounts payable within one year | 42/48 | €10,643 | €18,177 | +€7,534 | +70.8% |
| Financial debts | 43 | - | €568 | +€568 | |
| Credit institutions | 430/8 | - | €568 | +€568 | |
| Trade debts | 44 | €3,846 | €14,130 | +€10,284 | +267% |
| Suppliers | 440/4 | €3,846 | €14,130 | +€10,284 | +267% |
| Taxes, remuneration and social security | 45 | €6,797 | €3,479 | -€3,318 | -48.8% |
| Taxes | 450/3 | €6,797 | €3,479 | -€3,318 | -48.8% |
| Remuneration, social security and pensions | 62 | - | €9,157 | +€9,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €672 | €671 | -€1 | -0.1% |
| Other operating charges | 640/8 | €1,107 | €400 | -€707 | -63.9% |
| Gross operating margin | 9900 | €6,005 | €22,626 | +€16,621 | +277% |
| Operating profit (loss) | 9901 | €4,226 | €12,398 | +€8,172 | +193% |
| Financial income | 75/76B | €2 | €11 | +€9 | +450% |
| Recurring financial income | 75 | €2 | €11 | +€9 | +450% |
| Financial charges | 65/66B | €2,406 | €199 | -€2,207 | -91.7% |
| Recurring financial charges | 65 | €676 | €199 | -€477 | -70.6% |
| Non-recurring financial charges | 66B | €1,730 | - | -€1,730 | |
| Profit (loss) for the period before taxes | 9903 | €1,822 | €12,210 | +€10,388 | +570% |
| Profit (loss) for the period | 9904 | €1,822 | €12,210 | +€10,388 | +570% |
| Profit (loss) for the period to be appropriated | 9905 | €1,822 | €12,210 | +€10,388 | +570% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.