EXPO EXPOSITION: 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.
EXPO EXPOSITION
Largest movements
- Receivables within one year +€108,880
up €108,880 (+926%), from €11,756 to €120,636
of which Other amounts receivable: +€108,880
- Tangible fixed assets +€47,893
up €47,893 (+6,826%), from €702 to €48,594
of which Furniture and vehicles: +€47,893
- Stocks and contracts -€12,000
no longer reported in 2025 (was €12,000)
- Cash -€4,675
down €4,675 (-9.1%), from €51,415 to €46,739
mainly Receivables within one year (-€108,880) and Investment in fixed assets (net) (-€47,893)
- Reserves +€76,588
up €76,588 (+4,118%), from €1,860 to €78,448
of which Tax-exempt reserves: +€76,588
- Short-term financial debts +€23,277
new in 2025: €23,277
- Profit (loss) carried forward +€20,955
up €20,955 (+32.5%), from €64,481 to €85,436
- Tax, wage and social debts +€10,696
new in 2025: €10,696
- Trade debts +€8,581
up €8,581 (+258%), from €3,332 to €11,913
- Turnover +€1.1m
new in 2025: €1.1m
- Purchases and services +€1.0m
new in 2025: €1.0m
- Gross operating margin -€83,222
down €83,222 (-59.2%), from €140,507 to €57,284
- Other operating charges -€76,094
down €76,094 (-71.9%), from €105,805 to €29,711
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 | €75,873 | €215,970 | +€140,097 | +185% |
| Fixed assets | 21/28 | €702 | €48,594 | +€47,893 | +6,826% |
| Tangible fixed assets | 22/27 | €702 | €48,594 | +€47,893 | +6,826% |
| Plant, machinery and equipment | 23 | €289 | €289 | = | 0.0% |
| Furniture and vehicles | 24 | €413 | €48,306 | +€47,893 | +11,599% |
| Current assets | 29/58 | €75,171 | €167,376 | +€92,205 | +123% |
| Stocks and contracts in progress | 3 | €12,000 | - | -€12,000 | |
| Stocks | 30/36 | €12,000 | - | -€12,000 | |
| Amounts receivable within one year | 40/41 | €11,756 | €120,636 | +€108,880 | +926% |
| Trade receivables | 40 | €909 | €909 | = | 0.0% |
| Other amounts receivable | 41 | €10,847 | €119,728 | +€108,880 | +1,004% |
| Cash at bank and in hand | 54/58 | €51,415 | €46,739 | -€4,675 | -9.1% |
| Total equity and liabilities | 10/49 | €75,873 | €215,970 | +€140,097 | +185% |
| Equity | 10/15 | €72,541 | €170,084 | +€97,543 | +134% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €78,448 | +€76,588 | +4,118% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | - | €76,588 | +€76,588 | |
| Profit (loss) carried forward | 14 | €64,481 | €85,436 | +€20,955 | +32.5% |
| Amounts payable | 17/49 | €3,332 | €45,887 | +€42,554 | +1,277% |
| Amounts payable within one year | 42/48 | €3,332 | €45,887 | +€42,554 | +1,277% |
| Financial debts | 43 | - | €23,277 | +€23,277 | |
| Credit institutions | 430/8 | - | €23,277 | +€23,277 | |
| Trade debts | 44 | €3,332 | €11,913 | +€8,581 | +258% |
| Suppliers | 440/4 | €3,332 | €11,913 | +€8,581 | +258% |
| Taxes, remuneration and social security | 45 | - | €10,696 | +€10,696 | |
| Taxes | 450/3 | - | €10,696 | +€10,696 | |
| Turnover | 70 | - | €1,071,038 | +€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,013,754 | +€1.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | - | -€2,105 | |
| Other operating charges | 640/8 | €105,805 | €29,711 | -€76,094 | -71.9% |
| Gross operating margin | 9900 | €140,507 | €57,284 | -€83,222 | -59.2% |
| Operating profit (loss) | 9901 | €32,597 | €27,573 | -€5,024 | -15.4% |
| Financial charges | 65/66B | - | €6,618 | +€6,618 | |
| Recurring financial charges | 65 | - | €6,618 | +€6,618 | |
| Profit (loss) for the period before taxes | 9903 | €32,597 | €20,955 | -€11,642 | -35.7% |
| Profit (loss) for the period | 9904 | €32,597 | €20,955 | -€11,642 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,597 | €20,955 | -€11,642 | -35.7% |
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 21 October 2026 via checked.be.