Expertkmo.be: 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.
Expertkmo.be
Largest movements
- Cash +€25,635
up €25,635 (+8.7%), from €296,065 to €321,700
mainly Other debts (+€55,983) and Depreciation (+€15,769)
- Tangible fixed assets +€19,054
up €19,054 (+2.0%), from €963,864 to €982,918
of which Furniture and vehicles: +€31,193
- Other debts +€55,983
up €55,983 (+21.6%), from €259,125 to €315,108
- Gross operating margin -€34,708
down €34,708 (-40.4%), from €86,015 to €51,307
- Financial charges +€18,348
up €18,348 (+1994.8%), from €920 to €19,268
- Depreciation -€16,000
down €16,000 (-50.4%), from €31,769 to €15,769
- Taxes -€10,734
down €10,734 (-64.9%), from €16,534 to €5,800
- Other operating charges -€1,846
down €1,846 (-25.0%), from €7,380 to €5,534
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 | €1,271,288 | €1,320,013 | +€48,726 | +3.8% |
| Fixed assets | 21/28 | €964,674 | €983,728 | +€19,054 | +2.0% |
| Tangible fixed assets | 22/27 | €963,864 | €982,918 | +€19,054 | +2.0% |
| Land and buildings | 22 | €958,749 | €946,611 | -€12,138 | -1.3% |
| Furniture and vehicles | 24 | €5,115 | €36,307 | +€31,193 | +609.8% |
| Financial fixed assets | 28 | €810 | €810 | = | 0.0% |
| Current assets | 29/58 | €306,614 | €336,285 | +€29,672 | +9.7% |
| Amounts receivable within one year | 40/41 | €10,549 | €14,585 | +€4,036 | +38.3% |
| Trade receivables | 40 | €10,549 | €10,557 | +€8 | +0.1% |
| Other amounts receivable | 41 | - | €4,028 | +€4,028 | |
| Cash at bank and in hand | 54/58 | €296,065 | €321,700 | +€25,635 | +8.7% |
| Total equity and liabilities | 10/49 | €1,271,288 | €1,320,013 | +€48,726 | +3.8% |
| Equity | 10/15 | €336,561 | €347,664 | +€11,103 | +3.3% |
| Contributions | 10/11 | €18,555 | €18,555 | = | 0.0% |
| Reserves | 13 | €24,025 | €24,025 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,166 | €2,166 | = | 0.0% |
| Distributable reserves | 133 | €21,859 | €21,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293,980 | €305,084 | +€11,103 | +3.8% |
| Amounts payable | 17/49 | €934,727 | €972,349 | +€37,622 | +4.0% |
| Amounts payable after more than one year | 17 | €650,000 | €650,000 | = | 0.0% |
| Other amounts payable | 178/9 | €650,000 | €650,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €284,727 | €321,047 | +€36,319 | +12.8% |
| Financial debts | 43 | €7,432 | €1,534 | -€5,897 | -79.4% |
| Credit institutions | 430/8 | €7,432 | €1,534 | -€5,897 | -79.4% |
| Trade debts | 44 | €5,406 | €1,628 | -€3,778 | -69.9% |
| Suppliers | 440/4 | €5,406 | €1,628 | -€3,778 | -69.9% |
| Taxes, remuneration and social security | 45 | €12,764 | €2,777 | -€9,987 | -78.2% |
| Taxes | 450/3 | €12,764 | €2,777 | -€9,987 | -78.2% |
| Other amounts payable | 47/48 | €259,125 | €315,108 | +€55,983 | +21.6% |
| Accrued charges and deferred income | 492/3 | - | €1,303 | +€1,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,769 | €15,769 | -€16,000 | -50.4% |
| Other operating charges | 640/8 | €7,380 | €5,534 | -€1,846 | -25.0% |
| Gross operating margin | 9900 | €86,015 | €51,307 | -€34,708 | -40.4% |
| Operating profit (loss) | 9901 | €46,866 | €30,004 | -€16,862 | -36.0% |
| Financial income | 75/76B | €4,771 | €6,379 | +€1,607 | +33.7% |
| Recurring financial income | 75 | €4,771 | €5,940 | +€1,169 | +24.5% |
| Non-recurring financial income | 76B | - | €439 | +€439 | |
| Financial charges | 65/66B | €920 | €19,268 | +€18,348 | +1994.8% |
| Recurring financial charges | 65 | €920 | €19,268 | +€18,348 | +1994.8% |
| Profit (loss) for the period before taxes | 9903 | €50,717 | €17,115 | -€33,603 | -66.3% |
| Income taxes | 67/77 | €16,534 | €5,800 | -€10,734 | -64.9% |
| Profit (loss) for the period | 9904 | €34,183 | €11,314 | -€22,869 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,183 | €11,314 | -€22,869 | -66.9% |
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.