EXPERTENHUIS: 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.
EXPERTENHUIS
Largest movements
- Cash +€26,092
up €26,092 (+128.4%), from €20,314 to €46,406
mainly Receivables within one year (+€12,917) and Net result for the year (+€8,951)
- Receivables within one year -€12,917
down €12,917 (-63.5%), from €20,348 to €7,432
of which Other amounts receivable: -€13,287
- Tangible fixed assets -€4,324
down €4,324 (-34.2%), from €12,654 to €8,330
- Reserves +€8,951
up €8,951 (+23.1%), from €38,785 to €47,736
- Debts after one year -€3,184
no longer reported in 2026 (was €3,184)
- Trade debts +€2,989
up €2,989 (+764.0%), from €391 to €3,381
- Tax, wage and social debts +€910
up €910 (+17.8%), from €5,098 to €6,008
- Current portion of long-term debt -€866
down €866 (-21.4%), from €4,050 to €3,184
- Gross operating margin +€2,897
up €2,897 (+17.1%), from €16,947 to €19,845
- Taxes +€2,673
up €2,673 (+266.8%), from €1,002 to €3,675
- Financial income -€423
down €423 (-46.6%), from €908 to €485
- Depreciation +€298
up €298 (+4.5%), from €6,553 to €6,851
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,386 | €64,432 | +€9,046 | +16.3% |
| Fixed assets | 21/28 | €12,654 | €8,330 | -€4,324 | -34.2% |
| Tangible fixed assets | 22/27 | €12,654 | €8,330 | -€4,324 | -34.2% |
| Furniture and vehicles | 24 | €12,654 | €8,330 | -€4,324 | -34.2% |
| Current assets | 29/58 | €42,732 | €56,103 | +€13,370 | +31.3% |
| Amounts receivable within one year | 40/41 | €20,348 | €7,432 | -€12,917 | -63.5% |
| Trade receivables | 40 | €6,428 | €6,798 | +€370 | +5.8% |
| Other amounts receivable | 41 | €13,921 | €634 | -€13,287 | -95.4% |
| Cash at bank and in hand | 54/58 | €20,314 | €46,406 | +€26,092 | +128.4% |
| Deferred charges and accrued income | 490/1 | €2,070 | €2,265 | +€195 | +9.4% |
| Total equity and liabilities | 10/49 | €55,386 | €64,432 | +€9,046 | +16.3% |
| Equity | 10/15 | €41,785 | €50,736 | +€8,951 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,785 | €47,736 | +€8,951 | +23.1% |
| Distributable reserves | 133 | €38,785 | €47,736 | +€8,951 | +23.1% |
| Amounts payable | 17/49 | €13,602 | €13,696 | +€95 | +0.7% |
| Amounts payable after more than one year | 17 | €3,184 | - | -€3,184 | |
| Financial debts | 170/4 | €3,184 | - | -€3,184 | |
| Amounts payable within one year | 42/48 | €9,540 | €12,573 | +€3,033 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €4,050 | €3,184 | -€866 | -21.4% |
| Trade debts | 44 | €391 | €3,381 | +€2,989 | +764.0% |
| Suppliers | 440/4 | €391 | €3,381 | +€2,989 | +764.0% |
| Taxes, remuneration and social security | 45 | €5,098 | €6,008 | +€910 | +17.8% |
| Taxes | 450/3 | €5,098 | €6,008 | +€910 | +17.8% |
| Accrued charges and deferred income | 492/3 | €878 | €1,124 | +€246 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,553 | €6,851 | +€298 | +4.5% |
| Other operating charges | 640/8 | €411 | €310 | -€100 | -24.4% |
| Gross operating margin | 9900 | €16,947 | €19,845 | +€2,897 | +17.1% |
| Operating profit (loss) | 9901 | €9,984 | €12,684 | +€2,700 | +27.0% |
| Financial income | 75/76B | €908 | €485 | -€423 | -46.6% |
| Recurring financial income | 75 | €908 | €485 | -€423 | -46.6% |
| Financial charges | 65/66B | €685 | €541 | -€143 | -20.9% |
| Recurring financial charges | 65 | €685 | €541 | -€143 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €10,207 | €12,627 | +€2,420 | +23.7% |
| Income taxes | 67/77 | €1,002 | €3,675 | +€2,673 | +266.8% |
| Profit (loss) for the period | 9904 | €9,205 | €8,951 | -€254 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,205 | €8,951 | -€254 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.