EXPERTIC: 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.
EXPERTIC
Largest movements
- Cash +€21,328
up €21,328 (+95.6%), from €22,319 to €43,647
mainly Net result for the year (+€36,197) and Receivables within one year (+€5,514)
- Receivables after one year +€15,238
up €15,238 (+20.0%), from €76,063 to €91,300
- Receivables within one year -€5,514
down €5,514 (-7.1%), from €77,718 to €72,204
of which Trade receivables: -€15,236
- Tangible fixed assets -€2,866
down €2,866 (-79.8%), from €3,591 to €725
- Current investments +€2,400
up €2,400 (+17.6%), from €13,655 to €16,055
- Reserves +€27,909
up €27,909 (+17.1%), from €162,874 to €190,783
of which Distributable reserves: +€27,909
- Tax, wage and social debts +€4,928
up €4,928 (+30.2%), from €16,335 to €21,263
of which Taxes: +€6,256
- Trade debts -€4,608
down €4,608 (-54.0%), from €8,529 to €3,921
- Gross operating margin +€12,478
up €12,478 (+35.6%), from €35,061 to €47,539
- Taxes +€3,361
up €3,361 (+30.0%), from €11,220 to €14,581
- Financial income +€2,216
up €2,216 (+82.6%), from €2,683 to €4,899
- Financial charges +€1,300
up €1,300, from -€750 to €550
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 | €195,348 | €224,515 | +€29,167 | +14.9% |
| Fixed assets | 21/28 | €3,673 | €725 | -€2,948 | -80.3% |
| Tangible fixed assets | 22/27 | €3,591 | €725 | -€2,866 | -79.8% |
| Furniture and vehicles | 24 | €3,591 | €725 | -€2,866 | -79.8% |
| Financial fixed assets | 28 | €82 | €0 | -€82 | -100% |
| Current assets | 29/58 | €191,674 | €223,790 | +€32,115 | +16.8% |
| Amounts receivable after more than one year | 29 | €76,063 | €91,300 | +€15,238 | +20.0% |
| Other amounts receivable | 291 | €76,063 | €91,300 | +€15,238 | +20.0% |
| Amounts receivable within one year | 40/41 | €77,718 | €72,204 | -€5,514 | -7.1% |
| Trade receivables | 40 | €75,320 | €60,084 | -€15,236 | -20.2% |
| Other amounts receivable | 41 | €2,398 | €12,120 | +€9,722 | +405% |
| Current investments | 50/53 | €13,655 | €16,055 | +€2,400 | +17.6% |
| Cash at bank and in hand | 54/58 | €22,319 | €43,647 | +€21,328 | +95.6% |
| Deferred charges and accrued income | 490/1 | €1,920 | €584 | -€1,336 | -69.6% |
| Total equity and liabilities | 10/49 | €195,348 | €224,515 | +€29,167 | +14.9% |
| Equity | 10/15 | €170,416 | €198,613 | +€28,197 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162,874 | €190,783 | +€27,909 | +17.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €162,874 | €190,783 | +€27,909 | +17.1% |
| Profit (loss) carried forward | 14 | €1,343 | €1,630 | +€288 | +21.4% |
| Amounts payable | 17/49 | €24,931 | €25,902 | +€971 | +3.9% |
| Amounts payable within one year | 42/48 | €24,931 | €25,902 | +€971 | +3.9% |
| Trade debts | 44 | €8,529 | €3,921 | -€4,608 | -54.0% |
| Suppliers | 440/4 | €8,529 | €3,921 | -€4,608 | -54.0% |
| Taxes, remuneration and social security | 45 | €16,335 | €21,263 | +€4,928 | +30.2% |
| Taxes | 450/3 | €13,499 | €19,754 | +€6,256 | +46.3% |
| Remuneration and social security | 454/9 | €2,836 | €1,508 | -€1,328 | -46.8% |
| Other amounts payable | 47/48 | €68 | €719 | +€651 | +961% |
| Non-recurring operating income | 76A | - | €7,269 | +€7,269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65 | €256 | +€191 | +295% |
| Other operating charges | 640/8 | €886 | €795 | -€90 | -10.2% |
| Non-recurring operating charges | 66A | €110 | €58 | -€52 | -47.3% |
| Gross operating margin | 9900 | €35,061 | €47,539 | +€12,478 | +35.6% |
| Operating profit (loss) | 9901 | €34,000 | €46,429 | +€12,429 | +36.6% |
| Financial income | 75/76B | €2,683 | €4,899 | +€2,216 | +82.6% |
| Recurring financial income | 75 | €2,683 | €4,899 | +€2,216 | +82.6% |
| Financial charges | 65/66B | -€750 | €550 | +€1,300 | |
| Recurring financial charges | 65 | -€750 | €550 | +€1,300 | |
| Profit (loss) for the period before taxes | 9903 | €37,432 | €50,778 | +€13,345 | +35.7% |
| Income taxes | 67/77 | €11,220 | €14,581 | +€3,361 | +30.0% |
| Profit (loss) for the period | 9904 | €26,212 | €36,197 | +€9,984 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,212 | €36,197 | +€9,984 | +38.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.