EXPERTA VERZEKERINGEN: 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.
EXPERTA VERZEKERINGEN
Largest movements
- Cash -€38,897
down €38,897 (-68.9%), from €56,416 to €17,518
mainly Debts after one year (-€23,047) and Receivables within one year (-€18,217)
- Tangible fixed assets -€21,487
down €21,487 (-28.0%), from €76,653 to €55,166
of which Leasing and similar rights: -€22,536
- Receivables within one year +€18,217
up €18,217 (+11.8%), from €154,155 to €172,371
of which Other amounts receivable: +€11,486
- Deferred charges and accrued income +€7,251
up €7,251 (+46.8%), from €15,477 to €22,728
- Debts after one year -€23,047
down €23,047 (-50.8%), from €45,386 to €22,340
- Trade debts -€14,598
down €14,598 (-11.8%), from €124,144 to €109,546
- Tax, wage and social debts +€13,794
up €13,794 (+20.9%), from €66,113 to €79,907
- Profit (loss) carried forward -€13,017
down €13,017 (-7.1%), from €183,810 to €170,793
- Gross operating margin +€141,300
up €141,300 (+20.4%), from €692,443 to €833,744
- Staff costs +€107,354
up €107,354 (+15.4%), from €698,666 to €806,020
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 | €478,729 | €442,587 | -€36,142 | -7.5% |
| Fixed assets | 21/28 | €79,164 | €56,452 | -€22,712 | -28.7% |
| Intangible fixed assets | 21 | €2,156 | €1,011 | -€1,145 | -53.1% |
| Tangible fixed assets | 22/27 | €76,653 | €55,166 | -€21,487 | -28.0% |
| Plant, machinery and equipment | 23 | €5,161 | €3,796 | -€1,365 | -26.4% |
| Furniture and vehicles | 24 | €4,336 | €6,750 | +€2,414 | +55.7% |
| Leasing and similar rights | 25 | €67,156 | €44,620 | -€22,536 | -33.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €354 | €274 | -€80 | -22.6% |
| Current assets | 29/58 | €399,565 | €386,136 | -€13,430 | -3.4% |
| Amounts receivable after more than one year | 29 | €8,056 | €8,056 | = | 0.0% |
| Other amounts receivable | 291 | €8,056 | €8,056 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €154,155 | €172,371 | +€18,217 | +11.8% |
| Trade receivables | 40 | €100,999 | €107,730 | +€6,731 | +6.7% |
| Other amounts receivable | 41 | €53,156 | €64,641 | +€11,486 | +21.6% |
| Current investments | 50/53 | €165,463 | €165,463 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €56,416 | €17,518 | -€38,897 | -68.9% |
| Deferred charges and accrued income | 490/1 | €15,477 | €22,728 | +€7,251 | +46.8% |
| Total equity and liabilities | 10/49 | €478,729 | €442,587 | -€36,142 | -7.5% |
| Equity | 10/15 | €218,076 | €205,060 | -€13,017 | -6.0% |
| Contributions | 10/11 | €6,544 | €6,544 | = | 0.0% |
| Reserves | 13 | €27,723 | €27,723 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,508 | €5,508 | = | 0.0% |
| Distributable reserves | 133 | €22,215 | €22,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,810 | €170,793 | -€13,017 | -7.1% |
| Amounts payable | 17/49 | €260,653 | €237,527 | -€23,125 | -8.9% |
| Amounts payable after more than one year | 17 | €45,386 | €22,340 | -€23,047 | -50.8% |
| Financial debts | 170/4 | €45,386 | €22,340 | -€23,047 | -50.8% |
| Amounts payable within one year | 42/48 | €215,266 | €215,188 | -€78 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €20,190 | €20,935 | +€745 | +3.7% |
| Financial debts | 43 | €19 | €0 | -€19 | -100% |
| Credit institutions | 430/8 | €19 | €0 | -€19 | -100% |
| Trade debts | 44 | €124,144 | €109,546 | -€14,598 | -11.8% |
| Suppliers | 440/4 | €124,144 | €109,546 | -€14,598 | -11.8% |
| Taxes, remuneration and social security | 45 | €66,113 | €79,907 | +€13,794 | +20.9% |
| Remuneration and social security | 454/9 | €66,113 | €79,907 | +€13,794 | +20.9% |
| Other amounts payable | 47/48 | €4,800 | €4,800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €698,666 | €806,020 | +€107,354 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,783 | €27,248 | +€5,465 | +25.1% |
| Other operating charges | 640/8 | €8,865 | €9,822 | +€957 | +10.8% |
| Gross operating margin | 9900 | €692,443 | €833,744 | +€141,300 | +20.4% |
| Operating profit (loss) | 9901 | -€36,871 | -€9,346 | +€27,525 | +74.7% |
| Financial income | 75/76B | €1,873 | €7,780 | +€5,906 | +315% |
| Recurring financial income | 75 | €1,873 | €7,780 | +€5,906 | +315% |
| Financial charges | 65/66B | €6,988 | €5,208 | -€1,780 | -25.5% |
| Recurring financial charges | 65 | €6,988 | €5,208 | -€1,780 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,986 | -€6,775 | +€35,211 | +83.9% |
| Income taxes | 67/77 | €1,471 | €1,442 | -€29 | -2.0% |
| Profit (loss) for the period | 9904 | -€43,457 | -€8,217 | +€35,240 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,457 | -€8,217 | +€35,240 | +81.1% |
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 30 October 2026 via checked.be.