ExpertAL: 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.
ExpertAL
Largest movements
- Cash +€45,917
up €45,917 (+1530.6%), from €3,000 to €48,917
mainly Net result for the year (+€25,585) and Tax, wage and social debts (+€12,636)
- Receivables within one year -€11,382
down €11,382 (-34.9%), from €32,618 to €21,236
of which Trade receivables: -€32,618
- Profit (loss) carried forward +€25,585
up €25,585 (+155.8%), from €16,422 to €42,007
- Tax, wage and social debts +€12,636
up €12,636 (+136.0%), from €9,295 to €21,931
- Trade debts -€6,142
down €6,142 (-89.0%), from €6,901 to €759
- Other debts +€3,219
new in 2025: €3,219
- Gross operating margin +€13,935
up €13,935 (+65.6%), from €21,236 to €35,171
- Taxes +€3,516
up €3,516 (+79.9%), from €4,399 to €7,915
- Financial charges +€917
up €917 (+220.8%), from €415 to €1,332
- Depreciation +€457
new in 2025: €457
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 | €35,618 | €70,916 | +€35,298 | +99.1% |
| Fixed assets | 21/28 | - | €763 | +€763 | |
| Tangible fixed assets | 22/27 | - | €563 | +€563 | |
| Plant, machinery and equipment | 23 | - | €563 | +€563 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €35,618 | €70,153 | +€34,535 | +97.0% |
| Amounts receivable within one year | 40/41 | €32,618 | €21,236 | -€11,382 | -34.9% |
| Trade receivables | 40 | €32,618 | - | -€32,618 | |
| Other amounts receivable | 41 | - | €21,236 | +€21,236 | |
| Cash at bank and in hand | 54/58 | €3,000 | €48,917 | +€45,917 | +1530.6% |
| Total equity and liabilities | 10/49 | €35,618 | €70,916 | +€35,298 | +99.1% |
| Equity | 10/15 | €19,422 | €45,007 | +€25,585 | +131.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,422 | €42,007 | +€25,585 | +155.8% |
| Amounts payable | 17/49 | €16,196 | €25,908 | +€9,713 | +60.0% |
| Amounts payable within one year | 42/48 | €16,196 | €25,908 | +€9,713 | +60.0% |
| Trade debts | 44 | €6,901 | €759 | -€6,142 | -89.0% |
| Suppliers | 440/4 | €6,901 | €759 | -€6,142 | -89.0% |
| Taxes, remuneration and social security | 45 | €9,295 | €21,931 | +€12,636 | +136.0% |
| Taxes | 450/3 | €9,295 | €21,931 | +€12,636 | +136.0% |
| Other amounts payable | 47/48 | - | €3,219 | +€3,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €457 | +€457 | |
| Gross operating margin | 9900 | €21,236 | €35,171 | +€13,935 | +65.6% |
| Operating profit (loss) | 9901 | €21,236 | €34,715 | +€13,478 | +63.5% |
| Financial income | 75/76B | - | €118 | +€118 | |
| Recurring financial income | 75 | - | €118 | +€118 | |
| Financial charges | 65/66B | €415 | €1,332 | +€917 | +220.8% |
| Recurring financial charges | 65 | €415 | €1,332 | +€917 | +220.8% |
| Profit (loss) for the period before taxes | 9903 | €20,821 | €33,501 | +€12,679 | +60.9% |
| Income taxes | 67/77 | €4,399 | €7,915 | +€3,516 | +79.9% |
| Profit (loss) for the period | 9904 | €16,422 | €25,585 | +€9,163 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,422 | €25,585 | +€9,163 | +55.8% |
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 9 October 2026 via checked.be.