EXPERT COM: 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 COM
Largest movements
- Deferred charges and accrued income -€42,217
down €42,217 (-99.8%), from €42,311 to €93
- Receivables within one year +€40,407
up €40,407 (+192%), from €21,093 to €61,499
of which Trade receivables: +€30,824
- Tangible fixed assets -€8,323
down €8,323 (-17.4%), from €47,952 to €39,629
of which Leasing and similar rights: -€10,609
- Debts after one year -€11,757
down €11,757 (-36.8%), from €31,979 to €20,222
- Current portion of long-term debt -€8,825
down €8,825 (-75.2%), from €11,730 to €2,905
- Trade debts +€8,199
up €8,199 (+68.6%), from €11,956 to €20,155
of which Bills of exchange payable: +€6,238
- Profit (loss) carried forward +€7,848
up €7,848 (+36.6%), from €21,466 to €29,313
- Tax, wage and social debts -€4,264
down €4,264 (-22.1%), from €19,301 to €15,037
of which Remuneration and social security: -€8,307
- Turnover +€235,280
up €235,280 (+72.7%), from €323,507 to €558,787
- Gross operating margin +€11,396
up €11,396 (+21.4%), from €53,315 to €64,711
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.
Derived cash bridge
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 | €127,716 | €118,805 | -€8,912 | -7.0% |
| Fixed assets | 21/28 | €47,952 | €39,629 | -€8,323 | -17.4% |
| Tangible fixed assets | 22/27 | €47,952 | €39,629 | -€8,323 | -17.4% |
| Plant, machinery and equipment | 23 | €0 | €2,285 | +€2,285 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €47,952 | €37,344 | -€10,609 | -22.1% |
| Current assets | 29/58 | €79,764 | €79,176 | -€588 | -0.7% |
| Amounts receivable within one year | 40/41 | €21,093 | €61,499 | +€40,407 | +192% |
| Trade receivables | 40 | €14,688 | €45,512 | +€30,824 | +210% |
| Other amounts receivable | 41 | €6,405 | €15,987 | +€9,582 | +150% |
| Cash at bank and in hand | 54/58 | €16,361 | €17,583 | +€1,222 | +7.5% |
| Deferred charges and accrued income | 490/1 | €42,311 | €93 | -€42,217 | -99.8% |
| Total equity and liabilities | 10/49 | €127,716 | €118,805 | -€8,912 | -7.0% |
| Equity | 10/15 | €41,926 | €49,773 | +€7,848 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €21,466 | €29,313 | +€7,848 | +36.6% |
| Amounts payable | 17/49 | €85,791 | €69,032 | -€16,759 | -19.5% |
| Amounts payable after more than one year | 17 | €31,979 | €20,222 | -€11,757 | -36.8% |
| Financial debts | 170/4 | €31,979 | €20,222 | -€11,757 | -36.8% |
| Amounts payable within one year | 42/48 | €53,812 | €48,810 | -€5,002 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €11,730 | €2,905 | -€8,825 | -75.2% |
| Trade debts | 44 | €11,956 | €20,155 | +€8,199 | +68.6% |
| Suppliers | 440/4 | €4,275 | €6,236 | +€1,961 | +45.9% |
| Bills of exchange payable | 441 | €7,681 | €13,919 | +€6,238 | +81.2% |
| Taxes, remuneration and social security | 45 | €19,301 | €15,037 | -€4,264 | -22.1% |
| Taxes | 450/3 | €1,966 | €6,009 | +€4,043 | +206% |
| Remuneration and social security | 454/9 | €17,335 | €9,029 | -€8,307 | -47.9% |
| Other amounts payable | 47/48 | €10,825 | €10,712 | -€113 | -1.0% |
| Turnover | 70 | €323,507 | €558,787 | +€235,280 | +72.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €272,762 | €272,762 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €27,907 | €27,907 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,581 | €15,362 | +€1,781 | +13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €134 | - | -€134 | |
| Other operating charges | 640/8 | €5,360 | €4,461 | -€899 | -16.8% |
| Gross operating margin | 9900 | €53,315 | €64,711 | +€11,396 | +21.4% |
| Operating profit (loss) | 9901 | €6,333 | €16,980 | +€10,647 | +168% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,226 | €4,174 | +€1,948 | +87.5% |
| Recurring financial charges | 65 | €2,226 | €4,174 | +€1,948 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €4,107 | €12,806 | +€8,699 | +212% |
| Income taxes | 67/77 | €1,200 | €4,958 | +€3,758 | +313% |
| Profit (loss) for the period | 9904 | €2,907 | €7,848 | +€4,941 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €2,907 | €7,848 | +€4,941 | +170% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.