EXPRESS TELECOM: 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.
EXPRESS TELECOM
Largest movements
- Tangible fixed assets +€16,000
new in 2025: €16,000
- Receivables within one year -€9,399
down €9,399 (-59.3%), from €15,843 to €6,444
- Cash -€6,893
down €6,893 (-19.4%), from €35,616 to €28,723
- Deferred charges and accrued income -€6,101
no longer reported in 2025 (was €6,101)
- Tax, wage and social debts -€2,967
down €2,967 (-76.7%), from €3,867 to €900
of which Taxes: -€2,567
- Accrued charges and deferred income -€2,351
no longer reported in 2025 (was €2,351)
- Profit (loss) carried forward -€1,363
down €1,363 (-6.8%), from €20,132 to €18,769
No income-statement line moved by more than 1% of the activity.
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,968 | €60,575 | -€6,393 | -9.5% |
| Fixed assets | 21/28 | €1,149 | €17,149 | +€16,000 | +1392.2% |
| Tangible fixed assets | 22/27 | - | €16,000 | +€16,000 | |
| Furniture and vehicles | 24 | - | €16,000 | +€16,000 | |
| Financial fixed assets | 28 | €1,149 | €1,149 | -€0 | 0.0% |
| Current assets | 29/58 | €65,819 | €43,426 | -€22,393 | -34.0% |
| Stocks and contracts in progress | 3 | €8,259 | €8,259 | +€0 | 0.0% |
| Stocks | 30/36 | €8,259 | €8,259 | +€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €15,843 | €6,444 | -€9,399 | -59.3% |
| Other amounts receivable | 41 | €15,843 | €6,444 | -€9,399 | -59.3% |
| Cash at bank and in hand | 54/58 | €35,616 | €28,723 | -€6,893 | -19.4% |
| Deferred charges and accrued income | 490/1 | €6,101 | - | -€6,101 | |
| Total equity and liabilities | 10/49 | €66,968 | €60,575 | -€6,393 | -9.5% |
| Equity | 10/15 | €60,325 | €58,962 | -€1,363 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,593 | €21,593 | +€0 | 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 | €19,733 | €19,733 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €20,132 | €18,769 | -€1,363 | -6.8% |
| Amounts payable | 17/49 | €6,644 | €1,613 | -€5,031 | -75.7% |
| Amounts payable within one year | 42/48 | €4,292 | €1,613 | -€2,679 | -62.4% |
| Trade debts | 44 | €425 | €572 | +€147 | +34.6% |
| Suppliers | 440/4 | €425 | €572 | +€147 | +34.6% |
| Taxes, remuneration and social security | 45 | €3,867 | €900 | -€2,967 | -76.7% |
| Taxes | 450/3 | €2,567 | - | -€2,567 | |
| Remuneration and social security | 454/9 | €1,300 | €900 | -€400 | -30.8% |
| Other amounts payable | 47/48 | - | €141 | +€141 | |
| Accrued charges and deferred income | 492/3 | €2,351 | - | -€2,351 |
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 30 September 2026 via checked.be.