expo studio: 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 studio
Largest movements
- Receivables within one year +€20,624
up €20,624 (+85.9%), from €24,009 to €44,633
of which Other amounts receivable: +€15,304
- Deferred charges and accrued income +€19,354
new in 2024: €19,354
- Intangible fixed assets -€17,857
down €17,857 (-50.0%), from €35,714 to €17,857
- Cash +€2,652
up €2,652 (+19.5%), from €13,591 to €16,243
mainly Other debts (+€29,070) and Trade debts (+€27,797)
- Other debts +€29,070
up €29,070 (+369%), from €7,884 to €36,954
- Current portion of long-term debt -€29,027
down €29,027 (-83.1%), from €34,913 to €5,886
- Trade debts +€27,797
up €27,797 (+751%), from €3,703 to €31,500
- Reserves +€6,150
up €6,150 (+70.6%), from €8,709 to €14,859
of which Distributable reserves: +€8,005
- Debts after one year -€5,886
no longer reported in 2024 (was €5,886)
- Gross operating margin +€13,414
up €13,414 (+58.7%), from €22,845 to €36,259
- Financial charges +€7,102
up €7,102 (+421%), from €1,687 to €8,789
- Taxes +€832
new in 2024: €832
- Other operating charges +€644
up €644 (+488%), from €132 to €776
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,314 | €98,087 | +€24,773 | +33.8% |
| Fixed assets | 21/28 | €35,714 | €17,857 | -€17,857 | -50.0% |
| Intangible fixed assets | 21 | €35,714 | €17,857 | -€17,857 | -50.0% |
| Current assets | 29/58 | €37,600 | €80,230 | +€42,630 | +113% |
| Amounts receivable within one year | 40/41 | €24,009 | €44,633 | +€20,624 | +85.9% |
| Trade receivables | 40 | €24,009 | €29,329 | +€5,320 | +22.2% |
| Other amounts receivable | 41 | - | €15,304 | +€15,304 | |
| Cash at bank and in hand | 54/58 | €13,591 | €16,243 | +€2,652 | +19.5% |
| Deferred charges and accrued income | 490/1 | - | €19,354 | +€19,354 | |
| Total equity and liabilities | 10/49 | €73,314 | €98,087 | +€24,773 | +33.8% |
| Equity | 10/15 | €14,909 | €22,914 | +€8,005 | +53.7% |
| Contributions | 10/11 | €6,200 | €8,055 | +€1,855 | +29.9% |
| Contributions outside capital | 11 | €6,200 | €8,055 | +€1,855 | +29.9% |
| Other | 1109/19 | €6,200 | €8,055 | +€1,855 | +29.9% |
| Reserves | 13 | €8,709 | €14,859 | +€6,150 | +70.6% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €6,854 | €14,859 | +€8,005 | +117% |
| Amounts payable | 17/49 | €58,405 | €75,173 | +€16,768 | +28.7% |
| Amounts payable after more than one year | 17 | €5,886 | - | -€5,886 | |
| Financial debts | 170/4 | €5,886 | - | -€5,886 | |
| Amounts payable within one year | 42/48 | €52,519 | €75,173 | +€22,654 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €34,913 | €5,886 | -€29,027 | -83.1% |
| Trade debts | 44 | €3,703 | €31,500 | +€27,797 | +751% |
| Suppliers | 440/4 | €3,703 | €31,500 | +€27,797 | +751% |
| Taxes, remuneration and social security | 45 | €6,019 | €833 | -€5,186 | -86.2% |
| Taxes | 450/3 | €6,019 | €833 | -€5,186 | -86.2% |
| Other amounts payable | 47/48 | €7,884 | €36,954 | +€29,070 | +369% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,857 | €17,857 | = | 0.0% |
| Other operating charges | 640/8 | €132 | €776 | +€644 | +488% |
| Gross operating margin | 9900 | €22,845 | €36,259 | +€13,414 | +58.7% |
| Operating profit (loss) | 9901 | €4,856 | €17,626 | +€12,770 | +263% |
| Financial charges | 65/66B | €1,687 | €8,789 | +€7,102 | +421% |
| Recurring financial charges | 65 | €1,687 | €8,789 | +€7,102 | +421% |
| Profit (loss) for the period before taxes | 9903 | €3,169 | €8,837 | +€5,668 | +179% |
| Income taxes | 67/77 | - | €832 | +€832 | |
| Profit (loss) for the period | 9904 | €3,169 | €8,005 | +€4,836 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €3,169 | €8,005 | +€4,836 | +153% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.