EXPERIENCE PARTNER: 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.
EXPERIENCE PARTNER
Largest movements
- Receivables within one year -€85,865
down €85,865 (-97.4%), from €88,174 to €2,309
of which Trade receivables: -€84,865
- Cash +€18,952
up €18,952 (+8.0%), from €235,863 to €254,815
mainly Receivables within one year (+€85,865) and Net result for the year (+€35,498)
- Tangible fixed assets -€9,982
down €9,982 (-24.6%), from €40,512 to €30,530
of which Furniture and vehicles: -€8,343
- Accrued charges and deferred income -€60,356
down €60,356 (-98.9%), from €61,004 to €648
- Other debts -€41,400
no longer reported in 2025 (was €41,400)
- Profit (loss) carried forward +€35,497
up €35,497 (+43.2%), from €82,155 to €117,652
- Tax, wage and social debts -€13,762
down €13,762 (-56.5%), from €24,347 to €10,585
of which Taxes: -€14,112
- Gross operating margin -€123,739
down €123,739, from €92,131 to -€31,608
- Write-downs -€116,168
down €116,168, from €58,084 to -€58,084
- Financial income +€31,261
up €31,261 (+2183.0%), from €1,432 to €32,693
- Taxes +€6,844
up €6,844 (+201.8%), from €3,391 to €10,235
- Depreciation +€3,926
up €3,926 (+58.1%), from €6,758 to €10,684
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 | €366,269 | €287,655 | -€78,614 | -21.5% |
| Fixed assets | 21/28 | €40,512 | €30,530 | -€9,982 | -24.6% |
| Tangible fixed assets | 22/27 | €40,512 | €30,530 | -€9,982 | -24.6% |
| Plant, machinery and equipment | 23 | €5,963 | €4,325 | -€1,638 | -27.5% |
| Furniture and vehicles | 24 | €34,549 | €26,206 | -€8,343 | -24.1% |
| Current assets | 29/58 | €325,757 | €257,124 | -€68,633 | -21.1% |
| Amounts receivable within one year | 40/41 | €88,174 | €2,309 | -€85,865 | -97.4% |
| Trade receivables | 40 | €85,228 | €363 | -€84,865 | -99.6% |
| Other amounts receivable | 41 | €2,946 | €1,946 | -€1,000 | -34.0% |
| Cash at bank and in hand | 54/58 | €235,863 | €254,815 | +€18,952 | +8.0% |
| Deferred charges and accrued income | 490/1 | €1,720 | - | -€1,720 | |
| Total equity and liabilities | 10/49 | €366,269 | €287,655 | -€78,614 | -21.5% |
| Equity | 10/15 | €221,115 | €256,612 | +€35,497 | +16.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,560 | €126,560 | = | 0.0% |
| Distributable reserves | 133 | €126,560 | €126,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,155 | €117,652 | +€35,497 | +43.2% |
| Provisions and deferred taxes | 16 | - | €803 | +€803 | |
| Provisions for liabilities and charges | 160/5 | - | €803 | +€803 | |
| Major repairs and maintenance | 162 | - | €803 | +€803 | |
| Amounts payable | 17/49 | €145,154 | €30,239 | -€114,915 | -79.2% |
| Amounts payable within one year | 42/48 | €84,150 | €29,591 | -€54,559 | -64.8% |
| Trade debts | 44 | €18,403 | €19,006 | +€603 | +3.3% |
| Suppliers | 440/4 | €18,403 | €19,006 | +€603 | +3.3% |
| Taxes, remuneration and social security | 45 | €24,347 | €10,585 | -€13,762 | -56.5% |
| Taxes | 450/3 | €24,347 | €10,235 | -€14,112 | -58.0% |
| Remuneration and social security | 454/9 | - | €350 | +€350 | |
| Other amounts payable | 47/48 | €41,400 | - | -€41,400 | |
| Accrued charges and deferred income | 492/3 | €61,004 | €648 | -€60,356 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,758 | €10,684 | +€3,926 | +58.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €58,084 | -€58,084 | -€116,168 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €803 | +€803 | |
| Other operating charges | 640/8 | €1,738 | €880 | -€858 | -49.3% |
| Non-recurring operating charges | 66A | €8,270 | - | -€8,270 | |
| Gross operating margin | 9900 | €92,131 | -€31,608 | -€123,739 | |
| Operating profit (loss) | 9901 | €17,281 | €14,110 | -€3,171 | -18.3% |
| Financial income | 75/76B | €1,432 | €32,693 | +€31,261 | +2183.0% |
| Recurring financial income | 75 | €1,432 | €32,693 | +€31,261 | +2183.0% |
| Financial charges | 65/66B | €1,165 | €1,070 | -€95 | -8.2% |
| Recurring financial charges | 65 | €1,165 | €1,070 | -€95 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €17,548 | €45,733 | +€28,185 | +160.6% |
| Income taxes | 67/77 | €3,391 | €10,235 | +€6,844 | +201.8% |
| Profit (loss) for the period | 9904 | €14,157 | €35,498 | +€21,341 | +150.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,157 | €35,498 | +€21,341 | +150.7% |
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 8 October 2026 via checked.be.