EXPERTYS: 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.
EXPERTYS
Largest movements
- Cash -€10,935
down €10,935 (-46.0%), from €23,753 to €12,818
mainly Net result for the year (-€13,622) and Receivables within one year (-€4,024)
- Receivables within one year +€4,024
up €4,024 (+323.4%), from €1,244 to €5,268
of which Trade receivables: +€3,768
- Tangible fixed assets +€587
up €587 (+13.9%), from €4,222 to €4,810
of which Furniture and vehicles: +€1,363
- Formation expenses -€354
down €354 (-50.0%), from €709 to €354
- Reserves -€13,622
down €13,622 (-98.4%), from €13,839 to €217
- Other debts +€6,816
up €6,816 (+113.8%), from €5,991 to €12,807
- Gross operating margin -€16,501
down €16,501, from €6,963 to -€9,538
- Taxes -€5,016
down €5,016 (-100.0%), from €5,016 to €0
- Depreciation +€666
up €666 (+27.0%), from €2,465 to €3,131
- Other operating charges +€193
up €193 (+28.1%), from €689 to €883
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 | €30,768 | €24,086 | -€6,682 | -21.7% |
| Formation expenses | 20 | €709 | €354 | -€354 | -50.0% |
| Fixed assets | 21/28 | €4,222 | €4,810 | +€587 | +13.9% |
| Tangible fixed assets | 22/27 | €4,222 | €4,810 | +€587 | +13.9% |
| Plant, machinery and equipment | 23 | €2,271 | €1,495 | -€775 | -34.1% |
| Furniture and vehicles | 24 | €1,951 | €3,314 | +€1,363 | +69.8% |
| Current assets | 29/58 | €25,837 | €18,922 | -€6,915 | -26.8% |
| Amounts receivable within one year | 40/41 | €1,244 | €5,268 | +€4,024 | +323.4% |
| Trade receivables | 40 | - | €3,768 | +€3,768 | |
| Other amounts receivable | 41 | €1,244 | €1,500 | +€256 | +20.6% |
| Cash at bank and in hand | 54/58 | €23,753 | €12,818 | -€10,935 | -46.0% |
| Deferred charges and accrued income | 490/1 | €839 | €836 | -€4 | -0.4% |
| Total equity and liabilities | 10/49 | €30,768 | €24,086 | -€6,682 | -21.7% |
| Equity | 10/15 | €23,839 | €10,217 | -€13,622 | -57.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €13,839 | €217 | -€13,622 | -98.4% |
| Distributable reserves | 133 | €13,839 | €217 | -€13,622 | -98.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,929 | €13,868 | +€6,940 | +100.2% |
| Amounts payable within one year | 42/48 | €6,929 | €13,868 | +€6,940 | +100.2% |
| Trade debts | 44 | €680 | €780 | +€99 | +14.6% |
| Suppliers | 440/4 | €680 | €780 | +€99 | +14.6% |
| Taxes, remuneration and social security | 45 | €258 | €282 | +€24 | +9.4% |
| Taxes | 450/3 | €258 | €282 | +€24 | +9.4% |
| Other amounts payable | 47/48 | €5,991 | €12,807 | +€6,816 | +113.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,465 | €3,131 | +€666 | +27.0% |
| Other operating charges | 640/8 | €689 | €883 | +€193 | +28.1% |
| Gross operating margin | 9900 | €6,963 | -€9,538 | -€16,501 | |
| Operating profit (loss) | 9901 | €3,809 | -€13,551 | -€17,360 | |
| Financial charges | 65/66B | €117 | €70 | -€46 | -39.7% |
| Recurring financial charges | 65 | €117 | €70 | -€46 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €3,692 | -€13,622 | -€17,314 | |
| Income taxes | 67/77 | €5,016 | €0 | -€5,016 | -100.0% |
| Profit (loss) for the period | 9904 | -€1,324 | -€13,622 | -€12,298 | -928.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,324 | -€13,622 | -€12,298 | -928.7% |
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.