EXPRESS GOOD ACTIONS: 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.
EXPRESS GOOD ACTIONS
Largest movements
- Cash -€21,271
down €21,271 (-49.0%), from €43,453 to €22,182
mainly Receivables within one year (-€15,720) and Net result for the year (-€13,225)
- Receivables within one year +€15,720
up €15,720 (+40.3%), from €39,013 to €54,733
of which Trade receivables: +€13,265
- Tangible fixed assets -€9,518
down €9,518 (-96.7%), from €9,838 to €320
- Profit (loss) carried forward -€13,225
down €13,225 (-21.0%), from €62,978 to €49,752
- Trade debts -€2,038
no longer reported in 2025 (was €2,038)
- Gross operating margin -€26,886
down €26,886, from €19,323 to -€7,563
- Depreciation -€3,548
down €3,548 (-92.5%), from €3,837 to €290
- Taxes -€2,917
down €2,917 (-95.5%), from €3,054 to €137
- Financial charges -€762
down €762 (-86.3%), from €883 to €121
- Other operating charges +€624
up €624 (+293.6%), from €213 to €836
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 | €92,936 | €77,678 | -€15,258 | -16.4% |
| Fixed assets | 21/28 | €10,281 | €763 | -€9,518 | -92.6% |
| Tangible fixed assets | 22/27 | €9,838 | €320 | -€9,518 | -96.7% |
| Furniture and vehicles | 24 | €9,838 | €320 | -€9,518 | -96.7% |
| Financial fixed assets | 28 | €444 | €444 | = | 0.0% |
| Current assets | 29/58 | €82,655 | €76,915 | -€5,740 | -6.9% |
| Amounts receivable within one year | 40/41 | €39,013 | €54,733 | +€15,720 | +40.3% |
| Trade receivables | 40 | €1,018 | €14,282 | +€13,265 | +1303.3% |
| Other amounts receivable | 41 | €37,995 | €40,450 | +€2,455 | +6.5% |
| Cash at bank and in hand | 54/58 | €43,453 | €22,182 | -€21,271 | -49.0% |
| Deferred charges and accrued income | 490/1 | €189 | - | -€189 | |
| Total equity and liabilities | 10/49 | €92,936 | €77,678 | -€15,258 | -16.4% |
| Equity | 10/15 | €85,242 | €72,016 | -€13,225 | -15.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €3,264 | €3,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,264 | €3,264 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,264 | €3,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,978 | €49,752 | -€13,225 | -21.0% |
| Amounts payable | 17/49 | €7,695 | €5,662 | -€2,032 | -26.4% |
| Amounts payable within one year | 42/48 | €7,695 | €5,662 | -€2,032 | -26.4% |
| Trade debts | 44 | €2,038 | - | -€2,038 | |
| Suppliers | 440/4 | €2,038 | - | -€2,038 | |
| Taxes, remuneration and social security | 45 | €5,656 | €5,662 | +€6 | +0.1% |
| Taxes | 450/3 | €5,656 | €5,662 | +€6 | +0.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,837 | €290 | -€3,548 | -92.5% |
| Other operating charges | 640/8 | €213 | €836 | +€624 | +293.6% |
| Non-recurring operating charges | 66A | - | €4,279 | +€4,279 | |
| Gross operating margin | 9900 | €19,323 | -€7,563 | -€26,886 | |
| Operating profit (loss) | 9901 | €15,273 | -€12,968 | -€28,241 | |
| Financial charges | 65/66B | €883 | €121 | -€762 | -86.3% |
| Recurring financial charges | 65 | €883 | €121 | -€762 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | €14,390 | -€13,088 | -€27,479 | |
| Income taxes | 67/77 | €3,054 | €137 | -€2,917 | -95.5% |
| Profit (loss) for the period | 9904 | €11,336 | -€13,225 | -€24,561 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,336 | -€13,225 | -€24,561 |
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 12 October 2026 via checked.be.