EXPO-LIGHTING: 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-LIGHTING
Largest movements
- Receivables within one year -€65,628
down €65,628 (-27.3%), from €240,571 to €174,943
of which Trade receivables: -€65,495
- Cash -€59,385
down €59,385 (-28.1%), from €211,035 to €151,650
mainly Advances received (-€80,640) and Debts after one year (-€39,898)
- Tangible fixed assets -€24,848
down €24,848 (-28.0%), from €88,776 to €63,928
- Advances received -€80,640
down €80,640 (-29.5%), from €273,568 to €192,928
- Debts after one year -€39,898
down €39,898 (-21.7%), from €183,916 to €144,018
- Profit (loss) carried forward -€23,566
down €23,566 (-132%), from -€17,788 to -€41,354
- Tax, wage and social debts -€8,317
down €8,317 (-79.0%), from €10,522 to €2,205
- Gross operating margin -€31,665
down €31,665 (-72.8%), from €43,526 to €11,861
- Financial income -€5,000
down €5,000 (-100.0%), from €5,000 to €1
of which Non-recurring financial income: -€5,000
- Other operating charges -€3,113
down €3,113 (-96.3%), from €3,231 to €118
- Financial charges -€2,505
down €2,505 (-19.3%), from €12,966 to €10,461
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 | €541,680 | €391,570 | -€150,110 | -27.7% |
| Fixed assets | 21/28 | €90,074 | €64,978 | -€25,096 | -27.9% |
| Tangible fixed assets | 22/27 | €88,776 | €63,928 | -€24,848 | -28.0% |
| Plant, machinery and equipment | 23 | €88,776 | €63,928 | -€24,848 | -28.0% |
| Financial fixed assets | 28 | €1,298 | €1,050 | -€248 | -19.1% |
| Current assets | 29/58 | €451,606 | €326,592 | -€125,013 | -27.7% |
| Amounts receivable within one year | 40/41 | €240,571 | €174,943 | -€65,628 | -27.3% |
| Trade receivables | 40 | €216,854 | €151,359 | -€65,495 | -30.2% |
| Other amounts receivable | 41 | €23,717 | €23,583 | -€134 | -0.6% |
| Cash at bank and in hand | 54/58 | €211,035 | €151,650 | -€59,385 | -28.1% |
| Total equity and liabilities | 10/49 | €541,680 | €391,570 | -€150,110 | -27.7% |
| Equity | 10/15 | €34,372 | €10,806 | -€23,566 | -68.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €14,960 | €14,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,408 | €3,408 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,408 | €3,408 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,552 | €11,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,788 | -€41,354 | -€23,566 | -132% |
| Provisions and deferred taxes | 16 | €4,951 | €4,951 | = | 0.0% |
| Deferred taxes | 168 | €4,951 | €4,951 | = | 0.0% |
| Amounts payable | 17/49 | €502,357 | €375,813 | -€126,544 | -25.2% |
| Amounts payable after more than one year | 17 | €183,916 | €144,018 | -€39,898 | -21.7% |
| Financial debts | 170/4 | €183,916 | €144,018 | -€39,898 | -21.7% |
| Amounts payable within one year | 42/48 | €318,441 | €231,796 | -€86,645 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €29,669 | €31,576 | +€1,907 | +6.4% |
| Trade debts | 44 | €300 | €30 | -€270 | -89.9% |
| Suppliers | 440/4 | €300 | €30 | -€270 | -89.9% |
| Advances received on contracts in progress | 46 | €273,568 | €192,928 | -€80,640 | -29.5% |
| Taxes, remuneration and social security | 45 | €10,522 | €2,205 | -€8,317 | -79.0% |
| Taxes | 450/3 | €10,522 | €2,205 | -€8,317 | -79.0% |
| Other amounts payable | 47/48 | €4,381 | €5,056 | +€675 | +15.4% |
| Non-recurring operating income | 76A | - | €20,150 | +€20,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,838 | €24,848 | +€10 | 0.0% |
| Other operating charges | 640/8 | €3,231 | €118 | -€3,113 | -96.3% |
| Non-recurring operating charges | 66A | €568 | €0 | -€568 | -100% |
| Gross operating margin | 9900 | €43,526 | €11,861 | -€31,665 | -72.8% |
| Operating profit (loss) | 9901 | €14,888 | -€13,106 | -€27,993 | |
| Financial income | 75/76B | €5,000 | €1 | -€5,000 | -100.0% |
| Recurring financial income | 75 | €5,000 | €1 | -€5,000 | -100.0% |
| Non-recurring financial income | 76B | €5,000 | - | -€5,000 | |
| Financial charges | 65/66B | €12,966 | €10,461 | -€2,505 | -19.3% |
| Recurring financial charges | 65 | €12,966 | €10,461 | -€2,505 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €6,921 | -€23,566 | -€30,487 | |
| Profit (loss) for the period | 9904 | €6,921 | -€23,566 | -€30,487 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,921 | -€23,566 | -€30,487 |
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 21 October 2026 via checked.be.