Expertium: 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.
Expertium
Largest movements
- Cash -€23,464
down €23,464 (-12.3%), from €191,341 to €167,877
mainly Contributions, distributions and other (-€61,379) and Debts after one year (-€20,478)
- Tangible fixed assets -€18,135
down €18,135 (-34.6%), from €52,477 to €34,342
of which Furniture and vehicles: -€17,590
- Debts after one year -€20,478
no longer reported in 2024 (was €20,478)
- Other debts -€15,058
down €15,058 (-97.5%), from €15,440 to €382
- Reserves -€12,451
down €12,451 (-4.1%), from €301,016 to €288,565
of which Distributable reserves: -€10,591
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Depreciation -€6,627
down €6,627 (-26.8%), from €24,762 to €18,135
- Gross operating margin -€6,243
down €6,243 (-5.9%), from €106,341 to €100,098
- Financial income -€5,103
down €5,103 (-80.8%), from €6,318 to €1,214
- Taxes -€1,812
down €1,812 (-7.5%), from €24,255 to €22,443
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €393,797 | €355,371 | -€38,425 | -9.8% |
| Fixed assets | 21/28 | €52,522 | €34,387 | -€18,135 | -34.5% |
| Tangible fixed assets | 22/27 | €52,477 | €34,342 | -€18,135 | -34.6% |
| Plant, machinery and equipment | 23 | €928 | €384 | -€544 | -58.7% |
| Furniture and vehicles | 24 | €51,549 | €33,959 | -€17,590 | -34.1% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €341,275 | €320,984 | -€20,291 | -5.9% |
| Amounts receivable within one year | 40/41 | €34,721 | €36,867 | +€2,146 | +6.2% |
| Trade receivables | 40 | €23,208 | €25,315 | +€2,107 | +9.1% |
| Other amounts receivable | 41 | €11,513 | €11,552 | +€39 | +0.3% |
| Current investments | 50/53 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €191,341 | €167,877 | -€23,464 | -12.3% |
| Deferred charges and accrued income | 490/1 | €5,213 | €6,240 | +€1,027 | +19.7% |
| Total equity and liabilities | 10/49 | €393,797 | €355,371 | -€38,425 | -9.8% |
| Equity | 10/15 | €313,416 | €307,165 | -€6,251 | -2.0% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €301,016 | €288,565 | -€12,451 | -4.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €299,156 | €288,565 | -€10,591 | -3.5% |
| Amounts payable | 17/49 | €80,381 | €48,206 | -€32,175 | -40.0% |
| Amounts payable after more than one year | 17 | €20,478 | - | -€20,478 | |
| Financial debts | 170/4 | €20,478 | - | -€20,478 | |
| Amounts payable within one year | 42/48 | €59,859 | €48,206 | -€11,652 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €21,896 | €22,173 | +€277 | +1.3% |
| Trade debts | 44 | €6,346 | €8,650 | +€2,303 | +36.3% |
| Suppliers | 440/4 | €6,346 | €8,650 | +€2,303 | +36.3% |
| Taxes, remuneration and social security | 45 | €16,176 | €17,001 | +€825 | +5.1% |
| Taxes | 450/3 | €16,176 | €14,901 | -€1,275 | -7.9% |
| Remuneration and social security | 454/9 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €15,440 | €382 | -€15,058 | -97.5% |
| Accrued charges and deferred income | 492/3 | €44 | - | -€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,762 | €18,135 | -€6,627 | -26.8% |
| Other operating charges | 640/8 | €4,608 | €4,656 | +€49 | +1.1% |
| Gross operating margin | 9900 | €106,341 | €100,098 | -€6,243 | -5.9% |
| Operating profit (loss) | 9901 | €76,971 | €77,307 | +€336 | +0.4% |
| Financial income | 75/76B | €6,318 | €1,214 | -€5,103 | -80.8% |
| Recurring financial income | 75 | €6,318 | €1,214 | -€5,103 | -80.8% |
| Financial charges | 65/66B | €854 | €949 | +€95 | +11.2% |
| Recurring financial charges | 65 | €854 | €949 | +€95 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €82,435 | €77,572 | -€4,863 | -5.9% |
| Income taxes | 67/77 | €24,255 | €22,443 | -€1,812 | -7.5% |
| Profit (loss) for the period | 9904 | €58,180 | €55,128 | -€3,051 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,180 | €55,128 | -€3,051 | -5.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.