EXPO/SURE: 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/SURE
Largest movements
- Cash -€12,078
down €12,078 (-41.6%), from €29,040 to €16,962
mainly Net result for the year (-€190,996) and Tax, wage and social debts (-€4,873)
- Receivables within one year -€9,019
down €9,019 (-8.5%), from €106,373 to €97,354
of which Trade receivables: -€22,095
- Tangible fixed assets -€2,506
down €2,506 (-29.5%), from €8,506 to €6,000
- Profit (loss) carried forward -€190,996
down €190,996 (-125%), from -€153,140 to -€344,136
- Other debts +€147,281
up €147,281 (+85.2%), from €172,803 to €320,084
- Trade debts +€25,993
up €25,993 (+29.2%), from €88,996 to €114,989
- Tax, wage and social debts -€4,873
down €4,873 (-83.9%), from €5,810 to €938
- Gross operating margin -€145,296
down €145,296 (-375%), from -€38,756 to -€184,052
- Financial charges +€3,724
up €3,724 (+1,625%), from €229 to €3,953
- Depreciation -€1,999
down €1,999 (-44.4%), from €4,505 to €2,506
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 | €144,469 | €121,875 | -€22,595 | -15.6% |
| Fixed assets | 21/28 | €8,506 | €6,000 | -€2,506 | -29.5% |
| Tangible fixed assets | 22/27 | €8,506 | €6,000 | -€2,506 | -29.5% |
| Plant, machinery and equipment | 23 | €8,506 | €6,000 | -€2,506 | -29.5% |
| Current assets | 29/58 | €135,963 | €115,874 | -€20,089 | -14.8% |
| Amounts receivable within one year | 40/41 | €106,373 | €97,354 | -€9,019 | -8.5% |
| Trade receivables | 40 | €106,366 | €84,271 | -€22,095 | -20.8% |
| Other amounts receivable | 41 | €7 | €13,083 | +€13,076 | +191,450% |
| Cash at bank and in hand | 54/58 | €29,040 | €16,962 | -€12,078 | -41.6% |
| Deferred charges and accrued income | 490/1 | €550 | €1,559 | +€1,009 | +183% |
| Total equity and liabilities | 10/49 | €144,469 | €121,875 | -€22,595 | -15.6% |
| Equity | 10/15 | -€123,140 | -€314,136 | -€190,996 | -155% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,140 | -€344,136 | -€190,996 | -125% |
| Amounts payable | 17/49 | €267,609 | €436,011 | +€168,402 | +62.9% |
| Amounts payable within one year | 42/48 | €267,609 | €436,011 | +€168,402 | +62.9% |
| Trade debts | 44 | €88,996 | €114,989 | +€25,993 | +29.2% |
| Suppliers | 440/4 | €88,996 | €114,989 | +€25,993 | +29.2% |
| Taxes, remuneration and social security | 45 | €5,810 | €938 | -€4,873 | -83.9% |
| Taxes | 450/3 | €5,810 | €938 | -€4,873 | -83.9% |
| Other amounts payable | 47/48 | €172,803 | €320,084 | +€147,281 | +85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,505 | €2,506 | -€1,999 | -44.4% |
| Other operating charges | 640/8 | €844 | €505 | -€339 | -40.2% |
| Gross operating margin | 9900 | -€38,756 | -€184,052 | -€145,296 | -375% |
| Operating profit (loss) | 9901 | -€44,105 | -€187,063 | -€142,958 | -324% |
| Financial income | 75/76B | €47 | €20 | -€28 | -58.6% |
| Recurring financial income | 75 | €47 | €20 | -€28 | -58.6% |
| Financial charges | 65/66B | €229 | €3,953 | +€3,724 | +1,625% |
| Recurring financial charges | 65 | €229 | €3,953 | +€3,724 | +1,625% |
| Profit (loss) for the period before taxes | 9903 | -€44,287 | -€190,996 | -€146,710 | -331% |
| Profit (loss) for the period | 9904 | -€44,287 | -€190,996 | -€146,710 | -331% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,287 | -€190,996 | -€146,710 | -331% |
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 23 October 2026 via checked.be.