EXPRE CONSTRUCT: what changed
Two fiscal 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.
EXPRE CONSTRUCT
Largest movements
- Tangible fixed assets +€28,848
up €28,848 (+1509.9%), from €1,911 to €30,759
of which Leasing and similar rights: +€28,022
- Receivables within one year +€7,048
up €7,048 (+23.0%), from €30,628 to €37,677
of which Trade receivables: +€14,564
- Debts after one year +€27,206
new in 2025: €27,206
- Trade debts +€20,089
up €20,089 (+1322.0%), from €1,520 to €21,608
- Profit (loss) carried forward -€6,105
down €6,105 (-36.5%), from €16,715 to €10,610
- Current portion of long-term debt -€3,620
no longer reported in 2025 (was €3,620)
- Tax, wage and social debts -€1,436
down €1,436 (-25.1%), from €5,729 to €4,293
- Turnover -€89,395
no longer reported in 2025 (was €89,395)
- Purchases and services -€82,937
no longer reported in 2025 (was €82,937)
- Gross operating margin -€4,041
down €4,041 (-54.4%), from €7,426 to €3,384
- Depreciation +€3,001
up €3,001 (+77.7%), from €3,861 to €6,861
- Financial charges +€1,109
up €1,109 (+207.7%), from €534 to €1,643
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.
Cash bridge derived
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 | €33,626 | €69,759 | +€36,133 | +107.5% |
| Fixed assets | 21/28 | €1,911 | €30,859 | +€28,948 | +1515.1% |
| Tangible fixed assets | 22/27 | €1,911 | €30,759 | +€28,848 | +1509.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €826 | +€826 | |
| Leasing and similar rights | 25 | €1,911 | €29,933 | +€28,022 | +1466.7% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €31,716 | €38,900 | +€7,185 | +22.7% |
| Amounts receivable within one year | 40/41 | €30,628 | €37,677 | +€7,048 | +23.0% |
| Trade receivables | 40 | - | €14,564 | +€14,564 | |
| Other amounts receivable | 41 | €30,628 | €23,112 | -€7,516 | -24.5% |
| Cash at bank and in hand | 54/58 | €1,087 | €1,224 | +€136 | +12.5% |
| Total equity and liabilities | 10/49 | €33,626 | €69,759 | +€36,133 | +107.5% |
| Equity | 10/15 | €22,757 | €16,652 | -€6,105 | -26.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,042 | €1,042 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,042 | €1,042 | = | 0.0% |
| Legal reserve | 130 | €1,042 | €1,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,715 | €10,610 | -€6,105 | -36.5% |
| Amounts payable | 17/49 | €10,869 | €53,107 | +€42,238 | +388.6% |
| Amounts payable after more than one year | 17 | - | €27,206 | +€27,206 | |
| Financial debts | 170/4 | - | €27,206 | +€27,206 | |
| Amounts payable within one year | 42/48 | €10,869 | €25,901 | +€15,032 | +138.3% |
| Current portion of amounts payable after more than one year | 42 | €3,620 | - | -€3,620 | |
| Trade debts | 44 | €1,520 | €21,608 | +€20,089 | +1322.0% |
| Suppliers | 440/4 | €1,520 | €21,608 | +€20,089 | +1322.0% |
| Taxes, remuneration and social security | 45 | €5,729 | €4,293 | -€1,436 | -25.1% |
| Taxes | 450/3 | €5,729 | €4,293 | -€1,436 | -25.1% |
| Turnover | 70 | €89,395 | - | -€89,395 | |
| Non-recurring operating income | 76A | €968 | - | -€968 | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,937 | - | -€82,937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,861 | €6,861 | +€3,001 | +77.7% |
| Other operating charges | 640/8 | €391 | €985 | +€594 | +152.1% |
| Gross operating margin | 9900 | €7,426 | €3,384 | -€4,041 | -54.4% |
| Operating profit (loss) | 9901 | €3,174 | -€4,462 | -€7,636 | |
| Financial charges | 65/66B | €534 | €1,643 | +€1,109 | +207.7% |
| Recurring financial charges | 65 | €534 | €1,643 | +€1,109 | +207.7% |
| Profit (loss) for the period before taxes | 9903 | €2,640 | -€6,105 | -€8,745 | |
| Income taxes | 67/77 | €660 | - | -€660 | |
| Profit (loss) for the period | 9904 | €1,980 | -€6,105 | -€8,085 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,980 | -€6,105 | -€8,085 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.