EXPERTISES DEPAIVE: 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.
EXPERTISES DEPAIVE
Largest movements
- Cash +€19,378
up €19,378 (+90.0%), from €21,538 to €40,916
mainly Net result for the year (+€32,381) and Other debts (+€14,040)
- Receivables within one year +€5,411
up €5,411 (+55.0%), from €9,833 to €15,245
- Financial fixed assets +€800
new in 2025: €800
- Reserves +€32,000
new in 2025: €32,000
- Profit (loss) carried forward -€18,319
down €18,319 (-97.8%), from €18,725 to €405
- Other debts +€14,040
up €14,040 (+7043.4%), from €199 to €14,240
- Debts after one year -€5,828
down €5,828 (-51.0%), from €11,420 to €5,592
- Tax, wage and social debts +€3,620
up €3,620 (+29.4%), from €12,306 to €15,925
- Gross operating margin +€22,792
up €22,792 (+70.5%), from €32,332 to €55,124
- Taxes +€7,976
up €7,976 (+126.8%), from €6,291 to €14,266
- Depreciation +€586
up €586 (+8.8%), from €6,642 to €7,228
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 | €50,953 | €75,914 | +€24,961 | +49.0% |
| Fixed assets | 21/28 | €19,581 | €19,753 | +€172 | +0.9% |
| Tangible fixed assets | 22/27 | €19,581 | €18,953 | -€628 | -3.2% |
| Plant, machinery and equipment | 23 | €2,165 | €1,513 | -€652 | -30.1% |
| Furniture and vehicles | 24 | €1,669 | €7,241 | +€5,572 | +333.8% |
| Leasing and similar rights | 25 | €15,747 | €10,199 | -€5,548 | -35.2% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €31,372 | €56,161 | +€24,789 | +79.0% |
| Amounts receivable within one year | 40/41 | €9,833 | €15,245 | +€5,411 | +55.0% |
| Trade receivables | 40 | €9,833 | €15,245 | +€5,411 | +55.0% |
| Cash at bank and in hand | 54/58 | €21,538 | €40,916 | +€19,378 | +90.0% |
| Total equity and liabilities | 10/49 | €50,953 | €75,914 | +€24,961 | +49.0% |
| Equity | 10/15 | €20,225 | €33,905 | +€13,681 | +67.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €32,000 | +€32,000 | |
| Distributable reserves | 133 | - | €32,000 | +€32,000 | |
| Profit (loss) carried forward | 14 | €18,725 | €405 | -€18,319 | -97.8% |
| Amounts payable | 17/49 | €30,728 | €42,009 | +€11,281 | +36.7% |
| Amounts payable after more than one year | 17 | €11,420 | €5,592 | -€5,828 | -51.0% |
| Financial debts | 170/4 | €11,420 | €5,592 | -€5,828 | -51.0% |
| Amounts payable within one year | 42/48 | €19,308 | €36,417 | +€17,109 | +88.6% |
| Current portion of amounts payable after more than one year | 42 | €5,557 | €5,828 | +€271 | +4.9% |
| Trade debts | 44 | €1,246 | €423 | -€822 | -66.0% |
| Suppliers | 440/4 | €1,246 | €423 | -€822 | -66.0% |
| Taxes, remuneration and social security | 45 | €12,306 | €15,925 | +€3,620 | +29.4% |
| Taxes | 450/3 | €12,306 | €15,925 | +€3,620 | +29.4% |
| Other amounts payable | 47/48 | €199 | €14,240 | +€14,040 | +7043.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,642 | €7,228 | +€586 | +8.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €32,332 | €55,124 | +€22,792 | +70.5% |
| Operating profit (loss) | 9901 | €25,690 | €47,497 | +€21,807 | +84.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,156 | €850 | -€306 | -26.5% |
| Recurring financial charges | 65 | €1,156 | €850 | -€306 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €24,534 | €46,647 | +€22,113 | +90.1% |
| Income taxes | 67/77 | €6,291 | €14,266 | +€7,976 | +126.8% |
| Profit (loss) for the period | 9904 | €18,244 | €32,381 | +€14,137 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,244 | €32,381 | +€14,137 | +77.5% |
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 8 October 2026 via checked.be.