Experts Pellet: 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.
Experts Pellet
Largest movements
- Receivables within one year -€9,859
down €9,859 (-70.2%), from €14,043 to €4,183
of which Trade receivables: -€8,575
- Stocks and contracts -€4,488
down €4,488 (-15.3%), from €29,350 to €24,863
- Cash +€4,180
up €4,180 (+676.7%), from €618 to €4,798
mainly Receivables within one year (+€9,859) and Stocks and contracts (+€4,488)
- Intangible fixed assets +€2,413
up €2,413 (+162.0%), from €1,490 to €3,903
- Profit (loss) carried forward -€8,841
down €8,841, from €5,612 to -€3,229
- Other debts +€2,555
up €2,555 (+30.0%), from €8,527 to €11,082
- Trade debts -€1,047
down €1,047 (-4.5%), from €23,491 to €22,444
- Gross operating margin -€10,265
down €10,265, from €4,399 to -€5,866
- Other operating charges -€560
down €560 (-25.3%), from €2,216 to €1,656
- Financial income -€364
no longer reported in 2025 (was €364)
- Taxes -€299
down €299, from €167 to -€132
- Depreciation +€117
up €117 (+20.5%), from €573 to €690
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 | €45,500 | €37,747 | -€7,753 | -17.0% |
| Fixed assets | 21/28 | €1,490 | €3,903 | +€2,413 | +162.0% |
| Intangible fixed assets | 21 | €1,490 | €3,903 | +€2,413 | +162.0% |
| Current assets | 29/58 | €44,011 | €33,844 | -€10,167 | -23.1% |
| Stocks and contracts in progress | 3 | €29,350 | €24,863 | -€4,488 | -15.3% |
| Stocks | 30/36 | €29,350 | €24,863 | -€4,488 | -15.3% |
| Amounts receivable within one year | 40/41 | €14,043 | €4,183 | -€9,859 | -70.2% |
| Trade receivables | 40 | €12,408 | €3,833 | -€8,575 | -69.1% |
| Other amounts receivable | 41 | €1,635 | €350 | -€1,284 | -78.6% |
| Cash at bank and in hand | 54/58 | €618 | €4,798 | +€4,180 | +676.7% |
| Total equity and liabilities | 10/49 | €45,500 | €37,747 | -€7,753 | -17.0% |
| Equity | 10/15 | €12,612 | €3,771 | -€8,841 | -70.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,000 | €7,000 | = | 0.0% |
| Share premium | 1100/10 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,612 | -€3,229 | -€8,841 | |
| Amounts payable | 17/49 | €32,889 | €33,976 | +€1,088 | +3.3% |
| Amounts payable within one year | 42/48 | €32,889 | €33,976 | +€1,088 | +3.3% |
| Trade debts | 44 | €23,491 | €22,444 | -€1,047 | -4.5% |
| Suppliers | 440/4 | €23,491 | €22,444 | -€1,047 | -4.5% |
| Taxes, remuneration and social security | 45 | €870 | €450 | -€420 | -48.3% |
| Taxes | 450/3 | €870 | €450 | -€420 | -48.3% |
| Other amounts payable | 47/48 | €8,527 | €11,082 | +€2,555 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €690 | +€117 | +20.5% |
| Other operating charges | 640/8 | €2,216 | €1,656 | -€560 | -25.3% |
| Gross operating margin | 9900 | €4,399 | -€5,866 | -€10,265 | |
| Operating profit (loss) | 9901 | €1,610 | -€8,213 | -€9,822 | |
| Financial income | 75/76B | €364 | - | -€364 | |
| Recurring financial income | 75 | €364 | - | -€364 | |
| Financial charges | 65/66B | €659 | €760 | +€101 | +15.4% |
| Recurring financial charges | 65 | €659 | €760 | +€101 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,314 | -€8,973 | -€10,287 | |
| Income taxes | 67/77 | €167 | -€132 | -€299 | |
| Profit (loss) for the period | 9904 | €1,147 | -€8,841 | -€9,988 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,147 | -€8,841 | -€9,988 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.