EXPERELI: 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.
EXPERELI
Largest movements
- Cash -€46,845
down €46,845 (-95.5%), from €49,075 to €2,231
mainly Net result for the year (-€43,463) and Tax, wage and social debts (-€14,700)
- Intangible fixed assets -€7,300
down €7,300 (-12.2%), from €59,796 to €52,496
- Receivables within one year -€6,635
down €6,635 (-95.7%), from €6,932 to €297
of which Trade receivables: -€6,932
- Tangible fixed assets -€3,266
down €3,266 (-83.9%), from €3,892 to €625
- Profit (loss) carried forward -€43,463
down €43,463, from €390 to -€43,073
- Tax, wage and social debts -€14,700
down €14,700 (-75.0%), from €19,608 to €4,908
of which Taxes: -€14,700
- Other debts -€4,488
down €4,488 (-8.8%), from €50,959 to €46,470
- Trade debts -€1,887
down €1,887 (-48.9%), from €3,855 to €1,968
- Turnover -€103,511
no longer reported in 2024 (was €103,511)
- Gross operating margin -€59,539
down €59,539, from €29,234 to -€30,305
- Purchases and services -€43,787
down €43,787 (-57.1%), from €76,730 to €32,944
- Taxes -€3,366
down €3,366 (-96.5%), from €3,488 to €122
- Financial charges +€1,798
up €1,798 (+288%), from €624 to €2,421
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 | €120,311 | €55,773 | -€64,538 | -53.6% |
| Fixed assets | 21/28 | €63,687 | €53,121 | -€10,566 | -16.6% |
| Intangible fixed assets | 21 | €59,796 | €52,496 | -€7,300 | -12.2% |
| Tangible fixed assets | 22/27 | €3,892 | €625 | -€3,266 | -83.9% |
| Furniture and vehicles | 24 | €3,892 | €625 | -€3,266 | -83.9% |
| Current assets | 29/58 | €56,624 | €2,652 | -€53,971 | -95.3% |
| Amounts receivable within one year | 40/41 | €6,932 | €297 | -€6,635 | -95.7% |
| Trade receivables | 40 | €6,932 | €0 | -€6,932 | -100% |
| Other amounts receivable | 41 | €0 | €297 | +€297 | |
| Cash at bank and in hand | 54/58 | €49,075 | €2,231 | -€46,845 | -95.5% |
| Deferred charges and accrued income | 490/1 | €617 | €124 | -€492 | -79.8% |
| Total equity and liabilities | 10/49 | €120,311 | €55,773 | -€64,538 | -53.6% |
| Equity | 10/15 | €45,890 | €2,427 | -€43,463 | -94.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €43,500 | €43,500 | = | 0.0% |
| Distributable reserves | 133 | €43,500 | €43,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €390 | -€43,073 | -€43,463 | |
| Amounts payable | 17/49 | €74,421 | €53,346 | -€21,075 | -28.3% |
| Amounts payable within one year | 42/48 | €74,421 | €53,346 | -€21,075 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €3,855 | €1,968 | -€1,887 | -48.9% |
| Suppliers | 440/4 | €3,855 | €1,968 | -€1,887 | -48.9% |
| Taxes, remuneration and social security | 45 | €19,608 | €4,908 | -€14,700 | -75.0% |
| Taxes | 450/3 | €19,608 | €4,908 | -€14,700 | -75.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €50,959 | €46,470 | -€4,488 | -8.8% |
| Turnover | 70 | €103,511 | - | -€103,511 | |
| Goods, raw materials, services and sundry goods | 60/61 | €76,730 | €32,944 | -€43,787 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,566 | €10,566 | = | 0.0% |
| Other operating charges | 640/8 | €1,263 | €49 | -€1,214 | -96.1% |
| Non-recurring operating charges | 66A | €4,704 | - | -€4,704 | |
| Gross operating margin | 9900 | €29,234 | -€30,305 | -€59,539 | |
| Operating profit (loss) | 9901 | €12,701 | -€40,920 | -€53,621 | |
| Financial charges | 65/66B | €624 | €2,421 | +€1,798 | +288% |
| Recurring financial charges | 65 | €624 | €2,421 | +€1,798 | +288% |
| Profit (loss) for the period before taxes | 9903 | €12,078 | -€43,341 | -€55,418 | |
| Income taxes | 67/77 | €3,488 | €122 | -€3,366 | -96.5% |
| Profit (loss) for the period | 9904 | €8,590 | -€43,463 | -€52,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,590 | -€43,463 | -€52,053 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.