EXPEVET: 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.
EXPEVET
Largest movements
- Cash +€9,952
up €9,952 (+133.2%), from €7,474 to €17,425
mainly Other debts (+€42,709) and Depreciation (+€15,356)
- Other debts +€42,709
up €42,709 (+44.1%), from €96,870 to €139,579
- Reserves -€34,500
down €34,500 (-13.2%), from €260,800 to €226,300
- Depreciation +€9,144
up €9,144 (+147.2%), from €6,212 to €15,356
- Taxes -€6,284
down €6,284 (-45.2%), from €13,892 to €7,607
- Gross operating margin -€5,502
down €5,502 (-11.1%), from €49,645 to €44,143
- Financial charges +€5,333
up €5,333 (+272.1%), from €1,960 to €7,294
- Other operating charges -€748
down €748 (-45.2%), from €1,656 to €908
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 | €403,180 | €412,716 | +€9,537 | +2.4% |
| Fixed assets | 21/28 | €78,896 | €76,274 | -€2,621 | -3.3% |
| Tangible fixed assets | 22/27 | €78,896 | €76,274 | -€2,621 | -3.3% |
| Plant, machinery and equipment | 23 | €3,929 | €2,342 | -€1,587 | -40.4% |
| Furniture and vehicles | 24 | €46,816 | €37,184 | -€9,633 | -20.6% |
| Other tangible fixed assets | 26 | €28,151 | €36,749 | +€8,599 | +30.5% |
| Current assets | 29/58 | €324,284 | €336,442 | +€12,158 | +3.7% |
| Amounts receivable within one year | 40/41 | €14,437 | €16,502 | +€2,065 | +14.3% |
| Trade receivables | 40 | €14,427 | €14,087 | -€340 | -2.4% |
| Other amounts receivable | 41 | €10 | €2,414 | +€2,404 | +24312.2% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,474 | €17,425 | +€9,952 | +133.2% |
| Deferred charges and accrued income | 490/1 | €2,373 | €2,515 | +€141 | +6.0% |
| Total equity and liabilities | 10/49 | €403,180 | €412,716 | +€9,537 | +2.4% |
| Equity | 10/15 | €296,278 | €261,786 | -€34,492 | -11.6% |
| Contributions | 10/11 | €27,915 | €27,915 | = | 0.0% |
| Reserves | 13 | €260,800 | €226,300 | -€34,500 | -13.2% |
| Distributable reserves | 133 | €260,800 | €226,300 | -€34,500 | -13.2% |
| Profit (loss) carried forward | 14 | €7,563 | €7,570 | +€8 | +0.1% |
| Amounts payable | 17/49 | €106,901 | €150,930 | +€44,029 | +41.2% |
| Amounts payable within one year | 42/48 | €104,740 | €144,940 | +€40,200 | +38.4% |
| Trade debts | 44 | €880 | €561 | -€320 | -36.3% |
| Suppliers | 440/4 | €880 | €561 | -€320 | -36.3% |
| Taxes, remuneration and social security | 45 | €6,990 | €4,800 | -€2,189 | -31.3% |
| Taxes | 450/3 | €6,990 | €4,800 | -€2,189 | -31.3% |
| Other amounts payable | 47/48 | €96,870 | €139,579 | +€42,709 | +44.1% |
| Accrued charges and deferred income | 492/3 | €2,161 | €5,990 | +€3,829 | +177.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,212 | €15,356 | +€9,144 | +147.2% |
| Other operating charges | 640/8 | €1,656 | €908 | -€748 | -45.2% |
| Gross operating margin | 9900 | €49,645 | €44,143 | -€5,502 | -11.1% |
| Operating profit (loss) | 9901 | €41,777 | €27,879 | -€13,898 | -33.3% |
| Financial income | 75/76B | €127 | €30 | -€97 | -76.5% |
| Recurring financial income | 75 | €127 | €30 | -€97 | -76.5% |
| Financial charges | 65/66B | €1,960 | €7,294 | +€5,333 | +272.1% |
| Recurring financial charges | 65 | €1,960 | €7,294 | +€5,333 | +272.1% |
| Profit (loss) for the period before taxes | 9903 | €39,944 | €20,615 | -€19,329 | -48.4% |
| Income taxes | 67/77 | €13,892 | €7,607 | -€6,284 | -45.2% |
| Profit (loss) for the period | 9904 | €26,052 | €13,008 | -€13,045 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,052 | €13,008 | -€13,045 | -50.1% |
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 12 October 2026 via checked.be.