EXPO 62: what changed
What changed
EXPO 62
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
-€47,409
2024 · €158,436-€205,845
Equity
€784,852
2024 · €871,567-€86,715
Cash
€15,171
2024 · €52,706-€37,535
Balance sheet total
€5.0m
2024 · €5.5m-€539,161
Largest movements
Assets
- Tangible fixed assets -€487,411
down €487,411 (-9.3%), from €5.2m to €4.8m
of which Land and buildings: -€388,108
Equity and liabilities
- Debts after one year -€420,000
down €420,000 (-11.5%), from €3.7m to €3.2m
- Trade debts -€116,469
down €116,469 (-85.2%), from €136,630 to €20,162
- Other debts +€105,757
up €105,757 (+17.3%), from €612,111 to €717,868
Income statement
- Gross operating margin -€285,265
down €285,265 (-33.8%), from €843,905 to €558,640
- Financial charges -€78,407
down €78,407 (-31.8%), from €246,348 to €167,941
- Depreciation +€48,379
up €48,379 (+10.8%), from €448,178 to €496,556
- Staff costs -€29,315
down €29,315 (-99.9%), from €29,346 to €31
- Other operating charges -€20,037
down €20,037 (-94.8%), from €21,144 to €1,107
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€158,436
Gross operating margin
-€285,265
Staff costs
+€29,315
Depreciation
-€48,379
Other operating charges
+€20,037
Financial income
+€40
Financial charges
+€78,407
Result 2025
-€47,409
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€427,123
Investment
-€5,351
Financing
-€459,307
Cash 2024
€52,706
From operations (derived)
+€427,123
Net result for the year
-€47,409
Depreciation
+€496,556
Receivables within one year
+€3,535
Deferred charges and accrued income
+€6,886
Provisions
-€20,240
Trade debts
-€116,469
Tax, wage and social debts
-€1,494
Other debts
+€105,757
Investment (derived)
-€5,351
Investment in fixed assets (net)
-€5,351
Financing
-€459,307
Debts after one year
-€420,000
Contributions, distributions and other
-€39,307
Cash 2025
€15,171
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,516,201 | €4,977,040 | -€539,161 | -9.8% |
| Fixed assets | 21/28 | €5,307,510 | €4,816,305 | -€491,206 | -9.3% |
| Intangible fixed assets | 21 | €61,286 | €57,492 | -€3,794 | -6.2% |
| Tangible fixed assets | 22/27 | €5,246,224 | €4,758,812 | -€487,411 | -9.3% |
| Land and buildings | 22 | €4,905,584 | €4,517,476 | -€388,108 | -7.9% |
| Plant, machinery and equipment | 23 | €4,507 | €2,016 | -€2,491 | -55.3% |
| Other tangible fixed assets | 26 | €336,132 | €239,320 | -€96,812 | -28.8% |
| Current assets | 29/58 | €208,691 | €160,735 | -€47,956 | -23.0% |
| Amounts receivable within one year | 40/41 | €138,686 | €135,150 | -€3,535 | -2.5% |
| Trade receivables | 40 | €138,686 | €135,090 | -€3,595 | -2.6% |
| Other amounts receivable | 41 | - | €60 | +€60 | |
| Cash at bank and in hand | 54/58 | €52,706 | €15,171 | -€37,535 | -71.2% |
| Deferred charges and accrued income | 490/1 | €17,300 | €10,414 | -€6,886 | -39.8% |
| Total equity and liabilities | 10/49 | €5,516,201 | €4,977,040 | -€539,161 | -9.8% |
| Equity | 10/15 | €871,567 | €784,852 | -€86,715 | -9.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €1,112,593 | €1,112,593 | = | 0.0% |
| Reserves | 13 | €127,407 | €127,407 | = | 0.0% |
| Distributable reserves | 133 | €127,407 | €127,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€731,516 | -€778,925 | -€47,409 | -6.5% |
| Investment grants | 15 | €344,533 | €305,226 | -€39,307 | -11.4% |
| Provisions and deferred taxes | 16 | €177,408 | €157,168 | -€20,240 | -11.4% |
| Deferred taxes | 168 | €177,408 | €157,168 | -€20,240 | -11.4% |
| Amounts payable | 17/49 | €4,467,226 | €4,035,020 | -€432,206 | -9.7% |
| Amounts payable after more than one year | 17 | €3,655,000 | €3,235,000 | -€420,000 | -11.5% |
| Financial debts | 170/4 | €3,655,000 | €3,235,000 | -€420,000 | -11.5% |
| Amounts payable within one year | 42/48 | €812,226 | €800,020 | -€12,206 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €136,630 | €20,162 | -€116,469 | -85.2% |
| Suppliers | 440/4 | €136,630 | €20,162 | -€116,469 | -85.2% |
| Taxes, remuneration and social security | 45 | €3,485 | €1,991 | -€1,494 | -42.9% |
| Taxes | 450/3 | €3,485 | €1,991 | -€1,494 | -42.9% |
| Other amounts payable | 47/48 | €612,111 | €717,868 | +€105,757 | +17.3% |
| Remuneration, social security and pensions | 62 | €29,346 | €31 | -€29,315 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €448,178 | €496,556 | +€48,379 | +10.8% |
| Other operating charges | 640/8 | €21,144 | €1,107 | -€20,037 | -94.8% |
| Gross operating margin | 9900 | €843,905 | €558,640 | -€285,265 | -33.8% |
| Operating profit (loss) | 9901 | €345,237 | €60,945 | -€284,292 | -82.3% |
| Financial income | 75/76B | €39,307 | €39,347 | +€40 | +0.1% |
| Recurring financial income | 75 | €39,307 | €39,347 | +€40 | +0.1% |
| Financial charges | 65/66B | €246,348 | €167,941 | -€78,407 | -31.8% |
| Recurring financial charges | 65 | €246,348 | €167,941 | -€78,407 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €138,196 | -€67,649 | -€205,845 | |
| Transfer from deferred taxes | 780 | €20,240 | €20,240 | = | 0.0% |
| Profit (loss) for the period | 9904 | €158,436 | -€47,409 | -€205,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €158,436 | -€47,409 | -€205,845 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.