EXPOLAEN: 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.
EXPOLAEN
Largest movements
- Tangible fixed assets -€1,599
down €1,599 (-3.1%), from €51,262 to €49,663
- Cash -€1,265
down €1,265 (-44.8%), from €2,826 to €1,561
mainly Net result for the year (-€1,936) and Trade debts (-€1,699)
- Profit (loss) carried forward -€1,936
down €1,936 (-5.0%), from -€38,518 to -€40,454
- Trade debts -€1,699
down €1,699 (-95.3%), from €1,783 to €85
- Other debts +€676
up €676 (+2.8%), from €24,564 to €25,240
- Gross operating margin +€5,633
up €5,633, from -€5,028 to €604
- Other operating charges +€462
up €462 (+392%), from €118 to €580
- Financial charges +€260
up €260 (+256%), from €102 to €362
- Depreciation +€100
up €100 (+6.6%), from €1,499 to €1,599
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 | €54,262 | €51,302 | -€2,959 | -5.5% |
| Fixed assets | 21/28 | €51,262 | €49,663 | -€1,599 | -3.1% |
| Tangible fixed assets | 22/27 | €51,262 | €49,663 | -€1,599 | -3.1% |
| Land and buildings | 22 | €51,262 | €49,663 | -€1,599 | -3.1% |
| Current assets | 29/58 | €3,000 | €1,639 | -€1,361 | -45.4% |
| Amounts receivable within one year | 40/41 | €174 | €78 | -€96 | -55.0% |
| Other amounts receivable | 41 | €174 | €78 | -€96 | -55.0% |
| Cash at bank and in hand | 54/58 | €2,826 | €1,561 | -€1,265 | -44.8% |
| Total equity and liabilities | 10/49 | €54,262 | €51,302 | -€2,959 | -5.5% |
| Equity | 10/15 | €27,914 | €25,978 | -€1,936 | -6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,232 | €60,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,372 | €58,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,518 | -€40,454 | -€1,936 | -5.0% |
| Amounts payable | 17/49 | €26,348 | €25,324 | -€1,023 | -3.9% |
| Amounts payable within one year | 42/48 | €26,348 | €25,324 | -€1,023 | -3.9% |
| Trade debts | 44 | €1,783 | €85 | -€1,699 | -95.3% |
| Suppliers | 440/4 | €1,783 | €85 | -€1,699 | -95.3% |
| Other amounts payable | 47/48 | €24,564 | €25,240 | +€676 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,499 | €1,599 | +€100 | +6.6% |
| Other operating charges | 640/8 | €118 | €580 | +€462 | +392% |
| Gross operating margin | 9900 | -€5,028 | €604 | +€5,633 | |
| Operating profit (loss) | 9901 | -€6,645 | -€1,574 | +€5,071 | +76.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €102 | €362 | +€260 | +256% |
| Recurring financial charges | 65 | €102 | €362 | +€260 | +256% |
| Profit (loss) for the period before taxes | 9903 | -€6,747 | -€1,936 | +€4,811 | +71.3% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€6,747 | -€1,936 | +€4,811 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,747 | -€1,936 | +€4,811 | +71.3% |
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 23 October 2026 via checked.be.