Expedio: 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.
Expedio
Largest movements
- Receivables within one year -€99,092
down €99,092 (-46.7%), from €212,263 to €113,171
of which Trade receivables: -€107,709
- Tangible fixed assets -€9,659
down €9,659 (-57.5%), from €16,801 to €7,142
- Cash +€5,070
up €5,070 (+67.9%), from €7,469 to €12,539
mainly Receivables within one year (+€99,092) and Investment in fixed assets (net) (+€6,317)
- Other debts -€100,918
no longer reported in 2024 (was €100,918)
- Tax, wage and social debts -€3,919
down €3,919 (-8.8%), from €44,660 to €40,740
of which Remuneration and social security: -€7,883
- Staff costs +€12,880
up €12,880 (+7.5%), from €171,426 to €184,306
- Gross operating margin -€9,250
down €9,250 (-4.5%), from €206,705 to €197,455
- Financial income +€3,238
up €3,238 (+1,031%), from €314 to €3,552
- Depreciation -€3,164
down €3,164 (-48.6%), from €6,506 to €3,342
- Financial charges +€2,918
up €2,918 (+206%), from €1,419 to €4,336
of which Non-recurring financial charges: +€4,317
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,459 | €136,646 | -€103,812 | -43.2% |
| Fixed assets | 21/28 | €16,801 | €7,142 | -€9,659 | -57.5% |
| Tangible fixed assets | 22/27 | €16,801 | €7,142 | -€9,659 | -57.5% |
| Furniture and vehicles | 24 | €16,801 | €7,142 | -€9,659 | -57.5% |
| Current assets | 29/58 | €223,657 | €129,504 | -€94,153 | -42.1% |
| Amounts receivable within one year | 40/41 | €212,263 | €113,171 | -€99,092 | -46.7% |
| Trade receivables | 40 | €206,999 | €99,290 | -€107,709 | -52.0% |
| Other amounts receivable | 41 | €5,264 | €13,881 | +€8,617 | +164% |
| Cash at bank and in hand | 54/58 | €7,469 | €12,539 | +€5,070 | +67.9% |
| Deferred charges and accrued income | 490/1 | €3,926 | €3,794 | -€132 | -3.4% |
| Total equity and liabilities | 10/49 | €240,459 | €136,646 | -€103,812 | -43.2% |
| Equity | 10/15 | €17,988 | €19,465 | +€1,477 | +8.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €9,988 | €11,465 | +€1,477 | +14.8% |
| Distributable reserves | 133 | €9,988 | €11,465 | +€1,477 | +14.8% |
| Amounts payable | 17/49 | €222,471 | €117,181 | -€105,290 | -47.3% |
| Amounts payable within one year | 42/48 | €222,471 | €117,181 | -€105,290 | -47.3% |
| Trade debts | 44 | €76,893 | €76,441 | -€452 | -0.6% |
| Suppliers | 440/4 | €76,893 | €76,441 | -€452 | -0.6% |
| Taxes, remuneration and social security | 45 | €44,660 | €40,740 | -€3,919 | -8.8% |
| Taxes | 450/3 | €10,189 | €14,153 | +€3,964 | +38.9% |
| Remuneration and social security | 454/9 | €34,470 | €26,587 | -€7,883 | -22.9% |
| Other amounts payable | 47/48 | €100,918 | - | -€100,918 | |
| Remuneration, social security and pensions | 62 | €171,426 | €184,306 | +€12,880 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,506 | €3,342 | -€3,164 | -48.6% |
| Other operating charges | 640/8 | €5,554 | €3,193 | -€2,362 | -42.5% |
| Gross operating margin | 9900 | €206,705 | €197,455 | -€9,250 | -4.5% |
| Operating profit (loss) | 9901 | €23,219 | €6,615 | -€16,604 | -71.5% |
| Financial income | 75/76B | €314 | €3,552 | +€3,238 | +1,031% |
| Recurring financial income | 75 | €314 | €3,552 | +€3,238 | +1,031% |
| Financial charges | 65/66B | €1,419 | €4,336 | +€2,918 | +206% |
| Recurring financial charges | 65 | €1,419 | €19 | -€1,400 | -98.6% |
| Non-recurring financial charges | 66B | - | €4,317 | +€4,317 | |
| Profit (loss) for the period before taxes | 9903 | €22,114 | €5,830 | -€16,284 | -73.6% |
| Income taxes | 67/77 | €5,771 | €4,353 | -€1,418 | -24.6% |
| Profit (loss) for the period | 9904 | €16,343 | €1,477 | -€14,865 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,343 | €1,477 | -€14,865 | -91.0% |
Source: filed annual accounts (NBB), financial years ended 31 May 2023 and 31 May 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.