EXPOSAS: what changed
EXPOSAS
Largest movements
- Cash +€124,599
up €124,599 (+127%), from €98,404 to €223,003
mainly Net result for the year (+€264,639) and Depreciation (+€95,980)
- Tangible fixed assets -€85,153
down €85,153 (-16.3%), from €523,851 to €438,698
of which Plant, machinery and equipment: -€223,794
- Receivables within one year +€58,221
up €58,221 (+18.8%), from €309,933 to €368,153
of which Other amounts receivable: +€160,806
- Stocks and contracts -€51,004
down €51,004 (-29.1%), from €175,501 to €124,496
of which Contracts in progress: -€49,816
- Reserves +€264,639
up €264,639 (+43.7%), from €605,042 to €869,681
of which Distributable reserves: +€264,639
- Debts after one year -€212,353
down €212,353 (-42.2%), from €502,668 to €290,315
of which Other amounts payable: -€191,896
- Revaluation surpluses -€75,000
down €75,000 (-100%), from €75,000 to €0
- Tax, wage and social debts +€46,634
up €46,634 (+109%), from €42,703 to €89,337
of which Taxes: +€23,691
- Trade debts +€33,907
up €33,907 (+137%), from €24,733 to €58,641
- Gross operating margin +€198,881
up €198,881 (+33.5%), from €594,095 to €792,976
- Other operating charges -€63,336
down €63,336 (-76.2%), from €83,132 to €19,796
- Taxes +€37,173
up €37,173, from €0 to €37,173
- Depreciation -€36,746
down €36,746 (-27.7%), from €132,726 to €95,980
- Staff costs -€32,563
down €32,563 (-8.2%), from €397,450 to €364,887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,118,634 | €1,168,556 | +€49,922 | +4.5% |
| Fixed assets | 21/28 | €531,351 | €446,198 | -€85,153 | -16.0% |
| Tangible fixed assets | 22/27 | €523,851 | €438,698 | -€85,153 | -16.3% |
| Land and buildings | 22 | €75,161 | €0 | -€75,161 | -100% |
| Plant, machinery and equipment | 23 | €392,713 | €168,918 | -€223,794 | -57.0% |
| Furniture and vehicles | 24 | €50,670 | €65,731 | +€15,061 | +29.7% |
| Other tangible fixed assets | 26 | €5,308 | €204,049 | +€198,741 | +3,744% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €587,283 | €722,357 | +€135,074 | +23.0% |
| Stocks and contracts in progress | 3 | €175,501 | €124,496 | -€51,004 | -29.1% |
| Stocks | 30/36 | €95,315 | €94,126 | -€1,189 | -1.2% |
| Contracts in progress | 37 | €80,185 | €30,370 | -€49,816 | -62.1% |
| Amounts receivable within one year | 40/41 | €309,933 | €368,153 | +€58,221 | +18.8% |
| Trade receivables | 40 | €287,556 | €184,971 | -€102,585 | -35.7% |
| Other amounts receivable | 41 | €22,376 | €183,182 | +€160,806 | +719% |
| Cash at bank and in hand | 54/58 | €98,404 | €223,003 | +€124,599 | +127% |
| Deferred charges and accrued income | 490/1 | €3,446 | €6,705 | +€3,259 | +94.6% |
| Total equity and liabilities | 10/49 | €1,118,634 | €1,168,556 | +€49,922 | +4.5% |
| Equity | 10/15 | €442,286 | €631,925 | +€189,639 | +42.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €75,000 | €0 | -€75,000 | -100% |
| Reserves | 13 | €605,042 | €869,681 | +€264,639 | +43.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €605,042 | €869,681 | +€264,639 | +43.7% |
| Profit (loss) carried forward | 14 | -€257,756 | -€257,756 | = | 0.0% |
| Amounts payable | 17/49 | €676,348 | €536,631 | -€139,717 | -20.7% |
| Amounts payable after more than one year | 17 | €502,668 | €290,315 | -€212,353 | -42.2% |
| Financial debts | 170/4 | €205,772 | €185,315 | -€20,457 | -9.9% |
| Other amounts payable | 178/9 | €296,896 | €105,000 | -€191,896 | -64.6% |
| Amounts payable within one year | 42/48 | €173,680 | €246,315 | +€72,635 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €102,013 | €90,710 | -€11,304 | -11.1% |
| Trade debts | 44 | €24,733 | €58,641 | +€33,907 | +137% |
| Suppliers | 440/4 | €24,733 | €58,641 | +€33,907 | +137% |
| Taxes, remuneration and social security | 45 | €42,703 | €89,337 | +€46,634 | +109% |
| Taxes | 450/3 | €12,386 | €36,077 | +€23,691 | +191% |
| Remuneration and social security | 454/9 | €30,317 | €53,260 | +€22,943 | +75.7% |
| Other amounts payable | 47/48 | €4,230 | €7,628 | +€3,398 | +80.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €397,450 | €364,887 | -€32,563 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,726 | €95,980 | -€36,746 | -27.7% |
| Other operating charges | 640/8 | €83,132 | €19,796 | -€63,336 | -76.2% |
| Non-recurring operating charges | 66A | €225,000 | €0 | -€225,000 | -100% |
| Gross operating margin | 9900 | €594,095 | €792,976 | +€198,881 | +33.5% |
| Operating profit (loss) | 9901 | -€244,213 | €312,313 | +€556,526 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €13,543 | €10,501 | -€3,042 | -22.5% |
| Recurring financial charges | 65 | €13,543 | €10,501 | -€3,042 | -22.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€257,756 | €301,812 | +€559,568 | |
| Income taxes | 67/77 | €0 | €37,173 | +€37,173 | |
| Profit (loss) for the period | 9904 | -€257,756 | €264,639 | +€522,395 | |
| Profit (loss) for the period to be appropriated | 9905 | -€257,756 | €264,639 | +€522,395 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.