EXPERTELLE: what changed
Two fiscal 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.
EXPERTELLE
Largest movements
- Cash +€9,873
up €9,873 (+260.1%), from €3,795 to €13,668
mainly Other debts (+€15,200) and Receivables within one year (+€9,233)
- Receivables within one year -€9,233
down €9,233 (-57.5%), from €16,044 to €6,811
of which Trade receivables: -€8,029
- Stocks and contracts +€5,000
up €5,000, from €0 to €5,000
of which Contracts in progress: +€5,000
- Tangible fixed assets +€1,487
up €1,487 (+6.9%), from €21,415 to €22,901
of which Land and buildings: +€2,928
- Deferred charges and accrued income +€744
new in 2025: €744
- Other debts +€15,200
up €15,200, from €0 to €15,200
- Reserves -€8,773
down €8,773 (-60.2%), from €14,567 to €5,794
of which Distributable reserves: -€8,773
- Trade debts +€8,075
up €8,075 (+293.0%), from €2,756 to €10,830
- Tax, wage and social debts -€6,631
down €6,631 (-60.7%), from €10,919 to €4,287
- Depreciation +€1,184
up €1,184 (+37.3%), from €3,170 to €4,354
- Taxes -€1,017
down €1,017 (-31.0%), from €3,281 to €2,265
- Financial charges -€652
down €652 (-74.8%), from €871 to €219
- Other operating charges +€330
up €330 (+17.1%), from €1,927 to €2,257
- Financial income +€219
up €219 (+75.1%), from €292 to €511
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 | €41,254 | €49,125 | +€7,871 | +19.1% |
| Fixed assets | 21/28 | €21,415 | €22,901 | +€1,487 | +6.9% |
| Tangible fixed assets | 22/27 | €21,415 | €22,901 | +€1,487 | +6.9% |
| Land and buildings | 22 | €12,508 | €15,436 | +€2,928 | +23.4% |
| Plant, machinery and equipment | 23 | €1,079 | €501 | -€578 | -53.6% |
| Furniture and vehicles | 24 | €7,828 | €6,965 | -€863 | -11.0% |
| Current assets | 29/58 | €19,839 | €26,223 | +€6,384 | +32.2% |
| Stocks and contracts in progress | 3 | €0 | €5,000 | +€5,000 | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €16,044 | €6,811 | -€9,233 | -57.5% |
| Trade receivables | 40 | €10,029 | €2,000 | -€8,029 | -80.1% |
| Other amounts receivable | 41 | €6,015 | €4,811 | -€1,204 | -20.0% |
| Cash at bank and in hand | 54/58 | €3,795 | €13,668 | +€9,873 | +260.1% |
| Deferred charges and accrued income | 490/1 | - | €744 | +€744 | |
| Total equity and liabilities | 10/49 | €41,254 | €49,125 | +€7,871 | +19.1% |
| Equity | 10/15 | €27,579 | €18,807 | -€8,773 | -31.8% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €14,567 | €5,794 | -€8,773 | -60.2% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Distributable reserves | 133 | €13,317 | €4,544 | -€8,773 | -65.9% |
| Profit (loss) carried forward | 14 | €12 | €12 | = | 0.0% |
| Amounts payable | 17/49 | €13,674 | €30,318 | +€16,644 | +121.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,674 | €30,318 | +€16,644 | +121.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,756 | €10,830 | +€8,075 | +293.0% |
| Suppliers | 440/4 | €2,756 | €10,830 | +€8,075 | +293.0% |
| Taxes, remuneration and social security | 45 | €10,919 | €4,287 | -€6,631 | -60.7% |
| Taxes | 450/3 | €10,919 | €4,287 | -€6,631 | -60.7% |
| Other amounts payable | 47/48 | €0 | €15,200 | +€15,200 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,170 | €4,354 | +€1,184 | +37.3% |
| Other operating charges | 640/8 | €1,927 | €2,257 | +€330 | +17.1% |
| Gross operating margin | 9900 | €8,971 | €8,811 | -€159 | -1.8% |
| Operating profit (loss) | 9901 | €3,873 | €2,200 | -€1,673 | -43.2% |
| Financial income | 75/76B | €292 | €511 | +€219 | +75.1% |
| Recurring financial income | 75 | €292 | €511 | +€219 | +75.1% |
| Financial charges | 65/66B | €871 | €219 | -€652 | -74.8% |
| Recurring financial charges | 65 | €871 | €219 | -€652 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | €3,294 | €2,492 | -€802 | -24.4% |
| Income taxes | 67/77 | €3,281 | €2,265 | -€1,017 | -31.0% |
| Profit (loss) for the period | 9904 | €12 | €227 | +€215 | +1739.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12 | €227 | +€215 | +1739.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.