Expertaxpartners: 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.
Expertaxpartners
Largest movements
- Tangible fixed assets -€34,297
down €34,297 (-13.5%), from €254,331 to €220,035
- Current investments +€20,379
up €20,379 (+34.2%), from €59,521 to €79,900
- Cash -€20,196
down €20,196 (-42.8%), from €47,216 to €27,021
mainly Current investments (-€20,379) and Debts after one year (-€20,001)
- Receivables within one year +€8,214
up €8,214 (+6.3%), from €130,780 to €138,994
of which Trade receivables: +€20,999
- Debts after one year -€20,001
down €20,001 (-11.3%), from €176,949 to €156,947
- Reserves +€16,392
up €16,392 (+12.5%), from €131,201 to €147,593
- Current portion of long-term debt -€14,969
down €14,969 (-42.8%), from €34,970 to €20,001
- Trade debts -€14,945
down €14,945 (-14.7%), from €101,449 to €86,504
- Profit (loss) carried forward +€13,229
up €13,229, from -€13,229 to €0
- Gross operating margin +€17,948
up €17,948 (+11.2%), from €159,797 to €177,745
- Taxes +€9,531
up €9,531 (+215%), from €4,441 to €13,972
- Financial income +€7,423
up €7,423 (+2,223%), from €334 to €7,757
- Staff costs +€3,792
up €3,792 (+4.1%), from €92,396 to €96,188
- Depreciation -€3,570
down €3,570 (-8.4%), from €42,351 to €38,781
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 | €494,141 | €467,146 | -€26,996 | -5.5% |
| Fixed assets | 21/28 | €254,831 | €220,035 | -€34,796 | -13.7% |
| Intangible fixed assets | 21 | €499 | €0 | -€499 | -100% |
| Tangible fixed assets | 22/27 | €254,331 | €220,035 | -€34,297 | -13.5% |
| Land and buildings | 22 | €215,923 | €200,805 | -€15,118 | -7.0% |
| Plant, machinery and equipment | 23 | €13,738 | €10,969 | -€2,769 | -20.2% |
| Furniture and vehicles | 24 | €24,670 | €8,261 | -€16,409 | -66.5% |
| Current assets | 29/58 | €239,311 | €247,111 | +€7,800 | +3.3% |
| Amounts receivable within one year | 40/41 | €130,780 | €138,994 | +€8,214 | +6.3% |
| Trade receivables | 40 | €85,427 | €106,426 | +€20,999 | +24.6% |
| Other amounts receivable | 41 | €45,354 | €32,569 | -€12,785 | -28.2% |
| Current investments | 50/53 | €59,521 | €79,900 | +€20,379 | +34.2% |
| Cash at bank and in hand | 54/58 | €47,216 | €27,021 | -€20,196 | -42.8% |
| Deferred charges and accrued income | 490/1 | €1,793 | €1,196 | -€597 | -33.3% |
| Total equity and liabilities | 10/49 | €494,141 | €467,146 | -€26,996 | -5.5% |
| Equity | 10/15 | €124,172 | €153,793 | +€29,621 | +23.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,201 | €147,593 | +€16,392 | +12.5% |
| Distributable reserves | 133 | €131,201 | €147,593 | +€16,392 | +12.5% |
| Profit (loss) carried forward | 14 | -€13,229 | €0 | +€13,229 | |
| Amounts payable | 17/49 | €369,969 | €313,352 | -€56,617 | -15.3% |
| Amounts payable after more than one year | 17 | €176,949 | €156,947 | -€20,001 | -11.3% |
| Financial debts | 170/4 | €176,949 | €156,947 | -€20,001 | -11.3% |
| Amounts payable within one year | 42/48 | €191,620 | €156,405 | -€35,215 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €34,970 | €20,001 | -€14,969 | -42.8% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €101,449 | €86,504 | -€14,945 | -14.7% |
| Suppliers | 440/4 | €101,449 | €86,504 | -€14,945 | -14.7% |
| Taxes, remuneration and social security | 45 | €28,327 | €24,845 | -€3,481 | -12.3% |
| Taxes | 450/3 | €19,335 | €16,164 | -€3,171 | -16.4% |
| Remuneration and social security | 454/9 | €8,992 | €8,681 | -€311 | -3.5% |
| Other amounts payable | 47/48 | €1,874 | €54 | -€1,820 | -97.1% |
| Accrued charges and deferred income | 492/3 | €1,400 | €0 | -€1,400 | -100% |
| Remuneration, social security and pensions | 62 | €92,396 | €96,188 | +€3,792 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,351 | €38,781 | -€3,570 | -8.4% |
| Other operating charges | 640/8 | €635 | €1,143 | +€508 | +80.0% |
| Gross operating margin | 9900 | €159,797 | €177,745 | +€17,948 | +11.2% |
| Operating profit (loss) | 9901 | €24,415 | €41,633 | +€17,218 | +70.5% |
| Financial income | 75/76B | €334 | €7,757 | +€7,423 | +2,223% |
| Recurring financial income | 75 | €334 | €7,757 | +€7,423 | +2,223% |
| Financial charges | 65/66B | €6,421 | €5,796 | -€625 | -9.7% |
| Recurring financial charges | 65 | €6,421 | €5,796 | -€625 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €18,328 | €43,593 | +€25,265 | +138% |
| Income taxes | 67/77 | €4,441 | €13,972 | +€9,531 | +215% |
| Profit (loss) for the period | 9904 | €13,887 | €29,621 | +€15,734 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €13,887 | €29,621 | +€15,734 | +113% |
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 17 October 2026 via checked.be.