Expat Properties: what changed
Expat Properties
Largest movements
- Tangible fixed assets -€6,041
down €6,041 (-24.8%), from €24,363 to €18,322
- Cash +€4,850
up €4,850 (+24.7%), from €19,625 to €24,475
mainly Depreciation (+€6,041) and Receivables within one year (+€913)
- Receivables within one year -€913
down €913 (-28.5%), from €3,199 to €2,286
of which Other amounts receivable: -€1,458
- Profit (loss) carried forward -€2,364
down €2,364 (-18.4%), from -€12,874 to -€15,238
- Gross operating margin +€12,222
up €12,222, from -€8,196 to €4,026
- Depreciation +€2,212
up €2,212 (+57.8%), from €3,829 to €6,041
- Other operating charges -€537
down €537 (-63.3%), from €848 to €311
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,723 | €45,178 | -€2,545 | -5.3% |
| Fixed assets | 21/28 | €24,363 | €18,322 | -€6,041 | -24.8% |
| Tangible fixed assets | 22/27 | €24,363 | €18,322 | -€6,041 | -24.8% |
| Furniture and vehicles | 24 | €24,363 | €18,322 | -€6,041 | -24.8% |
| Current assets | 29/58 | €23,360 | €26,856 | +€3,497 | +15.0% |
| Amounts receivable within one year | 40/41 | €3,199 | €2,286 | -€913 | -28.5% |
| Trade receivables | 40 | - | €545 | +€545 | |
| Other amounts receivable | 41 | €3,199 | €1,742 | -€1,458 | -45.6% |
| Cash at bank and in hand | 54/58 | €19,625 | €24,475 | +€4,850 | +24.7% |
| Deferred charges and accrued income | 490/1 | €536 | €95 | -€441 | -82.2% |
| Total equity and liabilities | 10/49 | €47,723 | €45,178 | -€2,545 | -5.3% |
| Equity | 10/15 | €12,126 | €9,762 | -€2,364 | -19.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,874 | -€15,238 | -€2,364 | -18.4% |
| Amounts payable | 17/49 | €35,597 | €35,416 | -€180 | -0.5% |
| Amounts payable within one year | 42/48 | €35,597 | €35,416 | -€180 | -0.5% |
| Trade debts | 44 | €1,432 | €1,112 | -€320 | -22.4% |
| Suppliers | 440/4 | €1,432 | €1,112 | -€320 | -22.4% |
| Other amounts payable | 47/48 | €34,165 | €34,305 | +€140 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,829 | €6,041 | +€2,212 | +57.8% |
| Other operating charges | 640/8 | €848 | €311 | -€537 | -63.3% |
| Gross operating margin | 9900 | -€8,196 | €4,026 | +€12,222 | |
| Operating profit (loss) | 9901 | -€12,874 | -€2,326 | +€10,547 | +81.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €39 | +€39 | |
| Recurring financial charges | 65 | - | €39 | +€39 | |
| Profit (loss) for the period before taxes | 9903 | -€12,874 | -€2,364 | +€10,510 | +81.6% |
| Profit (loss) for the period | 9904 | -€12,874 | -€2,364 | +€10,510 | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,874 | -€2,364 | +€10,510 | +81.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.