EXPERT DES LIEUX: 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 DES LIEUX
Largest movements
- Cash +€16,190
up €16,190 (+69.9%), from €23,159 to €39,349
mainly Net result for the year (+€15,312) and Advances received (+€14,300)
- Intangible fixed assets +€8,360
up €8,360 (+118%), from €7,092 to €15,451
- Receivables within one year +€5,364
up €5,364 (+16.1%), from €33,245 to €38,609
of which Other amounts receivable: +€15,492
- Profit (loss) carried forward +€15,312
up €15,312 (+55.5%), from €27,614 to €42,927
- Advances received +€14,300
new in 2025: €14,300
- Tax, wage and social debts -€1,262
down €1,262 (-4.7%), from €26,990 to €25,728
- Trade debts +€1,210
up €1,210 (+16.9%), from €7,174 to €8,384
- Gross operating margin -€3,516
down €3,516 (-11.9%), from €29,499 to €25,983
- Depreciation +€2,942
up €2,942 (+203%), from €1,448 to €4,390
- Taxes -€2,431
down €2,431 (-31.8%), from €7,636 to €5,205
- Financial charges -€471
down €471 (-78.0%), from €604 to €133
- Other operating charges +€423
up €423 (+81.3%), from €520 to €942
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 | €64,278 | €93,838 | +€29,560 | +46.0% |
| Fixed assets | 21/28 | €7,874 | €15,881 | +€8,007 | +102% |
| Intangible fixed assets | 21 | €7,092 | €15,451 | +€8,360 | +118% |
| Tangible fixed assets | 22/27 | €783 | €430 | -€353 | -45.1% |
| Furniture and vehicles | 24 | €783 | €430 | -€353 | -45.1% |
| Current assets | 29/58 | €56,404 | €77,957 | +€21,554 | +38.2% |
| Amounts receivable within one year | 40/41 | €33,245 | €38,609 | +€5,364 | +16.1% |
| Trade receivables | 40 | €17,650 | €7,522 | -€10,128 | -57.4% |
| Other amounts receivable | 41 | €15,595 | €31,087 | +€15,492 | +99.3% |
| Cash at bank and in hand | 54/58 | €23,159 | €39,349 | +€16,190 | +69.9% |
| Total equity and liabilities | 10/49 | €64,278 | €93,838 | +€29,560 | +46.0% |
| Equity | 10/15 | €30,114 | €45,427 | +€15,312 | +50.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,614 | €42,927 | +€15,312 | +55.5% |
| Amounts payable | 17/49 | €34,164 | €48,412 | +€14,248 | +41.7% |
| Amounts payable within one year | 42/48 | €34,164 | €48,412 | +€14,248 | +41.7% |
| Trade debts | 44 | €7,174 | €8,384 | +€1,210 | +16.9% |
| Suppliers | 440/4 | €7,174 | €8,384 | +€1,210 | +16.9% |
| Advances received on contracts in progress | 46 | - | €14,300 | +€14,300 | |
| Taxes, remuneration and social security | 45 | €26,990 | €25,728 | -€1,262 | -4.7% |
| Taxes | 450/3 | €26,990 | €25,728 | -€1,262 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,448 | €4,390 | +€2,942 | +203% |
| Other operating charges | 640/8 | €520 | €942 | +€423 | +81.3% |
| Gross operating margin | 9900 | €29,499 | €25,983 | -€3,516 | -11.9% |
| Operating profit (loss) | 9901 | €27,531 | €20,651 | -€6,880 | -25.0% |
| Financial charges | 65/66B | €604 | €133 | -€471 | -78.0% |
| Recurring financial charges | 65 | €604 | €133 | -€471 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €26,927 | €20,518 | -€6,409 | -23.8% |
| Income taxes | 67/77 | €7,636 | €5,205 | -€2,431 | -31.8% |
| Profit (loss) for the period | 9904 | €19,291 | €15,312 | -€3,978 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,291 | €15,312 | -€3,978 | -20.6% |
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 31 October 2026 via checked.be.