Expert cession: 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.
Expert cession
Largest movements
- Stocks and contracts -€4,615
no longer reported in 2025 (was €4,615)
- Receivables within one year +€1,794
up €1,794 (+199.8%), from €898 to €2,692
of which Trade receivables: +€2,341
- Profit (loss) carried forward -€11,723
down €11,723 (-40.9%), from -€28,675 to -€40,398
- Other debts +€4,761
up €4,761 (+7.2%), from €66,293 to €71,053
- Trade debts +€2,912
up €2,912 (+9848.5%), from €30 to €2,942
- Short-term financial debts +€1,153
up €1,153 (+30.0%), from €3,843 to €4,995
- Gross operating margin -€9,573
down €9,573 (-605.4%), from -€1,581 to -€11,155
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 | €54,386 | €51,488 | -€2,898 | -5.3% |
| Fixed assets | 21/28 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €54,086 | €51,188 | -€2,898 | -5.4% |
| Stocks and contracts in progress | 3 | €4,615 | - | -€4,615 | |
| Stocks | 30/36 | €4,615 | - | -€4,615 | |
| Amounts receivable within one year | 40/41 | €898 | €2,692 | +€1,794 | +199.8% |
| Trade receivables | 40 | - | €2,341 | +€2,341 | |
| Other amounts receivable | 41 | €898 | €351 | -€547 | -60.9% |
| Current investments | 50/53 | €48,480 | €48,480 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16 | €16 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €77 | - | -€77 | |
| Total equity and liabilities | 10/49 | €54,386 | €51,488 | -€2,898 | -5.3% |
| Equity | 10/15 | -€15,779 | -€27,502 | -€11,723 | -74.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €496 | €496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €496 | €496 | = | 0.0% |
| Reserves not available under the articles | 1311 | €496 | €496 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,675 | -€40,398 | -€11,723 | -40.9% |
| Amounts payable | 17/49 | €70,165 | €78,990 | +€8,826 | +12.6% |
| Amounts payable within one year | 42/48 | €70,165 | €78,990 | +€8,826 | +12.6% |
| Financial debts | 43 | €3,843 | €4,995 | +€1,153 | +30.0% |
| Credit institutions | 430/8 | €3,843 | €4,995 | +€1,153 | +30.0% |
| Trade debts | 44 | €30 | €2,942 | +€2,912 | +9848.5% |
| Suppliers | 440/4 | €30 | €2,942 | +€2,912 | +9848.5% |
| Other amounts payable | 47/48 | €66,293 | €71,053 | +€4,761 | +7.2% |
| Gross operating margin | 9900 | -€1,581 | -€11,155 | -€9,573 | -605.4% |
| Operating profit (loss) | 9901 | -€1,581 | -€11,155 | -€9,573 | -605.4% |
| Financial charges | 65/66B | €667 | €568 | -€99 | -14.8% |
| Recurring financial charges | 65 | €667 | €568 | -€99 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,249 | -€11,723 | -€9,474 | -421.3% |
| Profit (loss) for the period | 9904 | -€2,249 | -€11,723 | -€9,474 | -421.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,249 | -€11,723 | -€9,474 | -421.3% |
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 11 October 2026 via checked.be.