ExpoGlobal Group: 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.
ExpoGlobal Group
Largest movements
- Receivables within one year -€117,804
down €117,804 (-60.8%), from €193,669 to €75,865
of which Trade receivables: -€117,179
- Tangible fixed assets -€42,197
down €42,197 (-45.5%), from €92,765 to €50,568
of which Plant, machinery and equipment: -€39,391
- Cash +€9,181
up €9,181 (+34.0%), from €26,975 to €36,156
mainly Receivables within one year (+€117,804) and Depreciation (+€44,727)
- Stocks and contracts -€6,171
down €6,171 (-2.9%), from €212,642 to €206,471
- Other debts -€222,835
down €222,835 (-90.3%), from €246,709 to €23,874
- Trade debts +€42,999
up €42,999 (+30.9%), from €139,137 to €182,136
- Reserves +€17,670
up €17,670 (+21.3%), from €83,046 to €100,716
- Gross operating margin -€38,885
down €38,885 (-7.7%), from €505,789 to €466,904
- Financial charges -€8,518
down €8,518 (-74.9%), from €11,374 to €2,856
- Other operating charges +€7,576
up €7,576 (+207%), from €3,659 to €11,235
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 | €552,136 | €391,458 | -€160,678 | -29.1% |
| Fixed assets | 21/28 | €111,739 | €70,432 | -€41,307 | -37.0% |
| Tangible fixed assets | 22/27 | €92,765 | €50,568 | -€42,197 | -45.5% |
| Plant, machinery and equipment | 23 | €89,418 | €50,027 | -€39,391 | -44.1% |
| Furniture and vehicles | 24 | €2,441 | €541 | -€1,900 | -77.8% |
| Other tangible fixed assets | 26 | €906 | - | -€906 | |
| Financial fixed assets | 28 | €18,974 | €19,864 | +€890 | +4.7% |
| Current assets | 29/58 | €440,397 | €321,026 | -€119,371 | -27.1% |
| Stocks and contracts in progress | 3 | €212,642 | €206,471 | -€6,171 | -2.9% |
| Stocks | 30/36 | €212,642 | €206,471 | -€6,171 | -2.9% |
| Amounts receivable within one year | 40/41 | €193,669 | €75,865 | -€117,804 | -60.8% |
| Trade receivables | 40 | €160,311 | €43,132 | -€117,179 | -73.1% |
| Other amounts receivable | 41 | €33,358 | €32,733 | -€625 | -1.9% |
| Cash at bank and in hand | 54/58 | €26,975 | €36,156 | +€9,181 | +34.0% |
| Deferred charges and accrued income | 490/1 | €7,111 | €2,534 | -€4,577 | -64.4% |
| Total equity and liabilities | 10/49 | €552,136 | €391,458 | -€160,678 | -29.1% |
| Equity | 10/15 | €101,646 | €119,316 | +€17,670 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,046 | €100,716 | +€17,670 | +21.3% |
| Distributable reserves | 133 | €83,046 | €100,716 | +€17,670 | +21.3% |
| Amounts payable | 17/49 | €450,490 | €272,142 | -€178,348 | -39.6% |
| Amounts payable within one year | 42/48 | €449,336 | €272,142 | -€177,194 | -39.4% |
| Trade debts | 44 | €139,137 | €182,136 | +€42,999 | +30.9% |
| Suppliers | 440/4 | €139,137 | €182,136 | +€42,999 | +30.9% |
| Taxes, remuneration and social security | 45 | €63,490 | €66,132 | +€2,642 | +4.2% |
| Taxes | 450/3 | €5,225 | €6,971 | +€1,746 | +33.4% |
| Remuneration and social security | 454/9 | €58,265 | €59,161 | +€896 | +1.5% |
| Other amounts payable | 47/48 | €246,709 | €23,874 | -€222,835 | -90.3% |
| Accrued charges and deferred income | 492/3 | €1,154 | - | -€1,154 | |
| Non-recurring operating income | 76A | - | €229,458 | +€229,458 | |
| Remuneration, social security and pensions | 62 | €387,398 | €390,341 | +€2,943 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,367 | €44,727 | +€4,360 | +10.8% |
| Other operating charges | 640/8 | €3,659 | €11,235 | +€7,576 | +207% |
| Gross operating margin | 9900 | €505,789 | €466,904 | -€38,885 | -7.7% |
| Operating profit (loss) | 9901 | €74,365 | €20,601 | -€53,764 | -72.3% |
| Financial income | 75/76B | €506 | €2,459 | +€1,953 | +386% |
| Recurring financial income | 75 | €506 | €2,459 | +€1,953 | +386% |
| Financial charges | 65/66B | €11,374 | €2,856 | -€8,518 | -74.9% |
| Recurring financial charges | 65 | €11,374 | €2,856 | -€8,518 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €63,497 | €20,204 | -€43,293 | -68.2% |
| Income taxes | 67/77 | €4,449 | €2,534 | -€1,915 | -43.0% |
| Profit (loss) for the period | 9904 | €59,048 | €17,670 | -€41,378 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,048 | €17,670 | -€41,378 | -70.1% |
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 15 October 2026 via checked.be.