EXPERTS UNITED: 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 UNITED
Largest movements
- Tangible fixed assets -€30,413
down €30,413 (-17.8%), from €170,697 to €140,284
of which Land and buildings: -€27,171
- Debts after one year -€26,700
down €26,700 (-17.6%), from €151,300 to €124,600
- Accrued charges and deferred income -€9,570
down €9,570 (-71.5%), from €13,390 to €3,820
- Profit (loss) carried forward +€8,870
up €8,870 (+4.8%), from -€186,307 to -€177,438
- Current portion of long-term debt -€7,851
down €7,851 (-22.7%), from €34,551 to €26,700
- Other debts +€7,243
up €7,243 (+4.8%), from €151,373 to €158,616
- Gross operating margin -€14,105
down €14,105 (-16.0%), from €88,324 to €74,219
- Financial charges -€3,676
down €3,676 (-39.1%), from €9,404 to €5,728
- Staff costs -€2,612
down €2,612 (-12.4%), from €20,979 to €18,368
- Other operating charges -€2,258
down €2,258 (-24.0%), from €9,409 to €7,150
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 | €191,717 | €163,598 | -€28,119 | -14.7% |
| Fixed assets | 21/28 | €170,807 | €140,394 | -€30,413 | -17.8% |
| Tangible fixed assets | 22/27 | €170,697 | €140,284 | -€30,413 | -17.8% |
| Land and buildings | 22 | €136,735 | €109,564 | -€27,171 | -19.9% |
| Plant, machinery and equipment | 23 | €7,730 | €6,753 | -€976 | -12.6% |
| Furniture and vehicles | 24 | €18,227 | €18,452 | +€225 | +1.2% |
| Other tangible fixed assets | 26 | €8,006 | €5,515 | -€2,491 | -31.1% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €20,910 | €23,204 | +€2,294 | +11.0% |
| Amounts receivable within one year | 40/41 | - | €1,000 | +€1,000 | |
| Trade receivables | 40 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €17,874 | €18,212 | +€338 | +1.9% |
| Deferred charges and accrued income | 490/1 | €3,036 | €3,992 | +€956 | +31.5% |
| Total equity and liabilities | 10/49 | €191,717 | €163,598 | -€28,119 | -14.7% |
| Equity | 10/15 | -€164,354 | -€155,484 | +€8,870 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,354 | €3,354 | = | 0.0% |
| Distributable reserves | 133 | €3,354 | €3,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,307 | -€177,438 | +€8,870 | +4.8% |
| Amounts payable | 17/49 | €356,071 | €319,082 | -€36,989 | -10.4% |
| Amounts payable after more than one year | 17 | €151,300 | €124,600 | -€26,700 | -17.6% |
| Financial debts | 170/4 | €151,300 | €124,600 | -€26,700 | -17.6% |
| Amounts payable within one year | 42/48 | €191,381 | €190,662 | -€719 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €34,551 | €26,700 | -€7,851 | -22.7% |
| Trade debts | 44 | €2,647 | €2,763 | +€116 | +4.4% |
| Suppliers | 440/4 | €2,647 | €2,763 | +€116 | +4.4% |
| Taxes, remuneration and social security | 45 | €2,810 | €2,583 | -€226 | -8.1% |
| Remuneration and social security | 454/9 | €2,810 | €2,583 | -€226 | -8.1% |
| Other amounts payable | 47/48 | €151,373 | €158,616 | +€7,243 | +4.8% |
| Accrued charges and deferred income | 492/3 | €13,390 | €3,820 | -€9,570 | -71.5% |
| Remuneration, social security and pensions | 62 | €20,979 | €18,368 | -€2,612 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,570 | €34,111 | +€541 | +1.6% |
| Other operating charges | 640/8 | €9,409 | €7,150 | -€2,258 | -24.0% |
| Gross operating margin | 9900 | €88,324 | €74,219 | -€14,105 | -16.0% |
| Operating profit (loss) | 9901 | €24,366 | €14,590 | -€9,776 | -40.1% |
| Financial income | 75/76B | €2 | €8 | +€7 | +404% |
| Recurring financial income | 75 | €2 | €8 | +€7 | +404% |
| Financial charges | 65/66B | €9,404 | €5,728 | -€3,676 | -39.1% |
| Recurring financial charges | 65 | €9,404 | €5,728 | -€3,676 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €14,964 | €8,870 | -€6,094 | -40.7% |
| Income taxes | 67/77 | €1 | €0 | -€0 | -15.4% |
| Profit (loss) for the period | 9904 | €14,963 | €8,870 | -€6,094 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,963 | €8,870 | -€6,094 | -40.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.