EXPRESS TRADERS: 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 TRADERS
Largest movements
- Stocks and contracts -€1,173
down €1,173 (-4.3%), from €27,573 to €26,400
- Cash +€629
up €629 (+10.7%), from €5,903 to €6,533
mainly Net result for the year (+€1,310) and Stocks and contracts (+€1,173)
- Trade debts -€1,456
down €1,456 (-82.9%), from €1,756 to €300
- Reserves +€1,310
up €1,310 (+8.5%), from €15,485 to €16,796
of which Distributable reserves: +€1,310
- Financial charges -€2,033
down €2,033 (-52.1%), from €3,906 to €1,873
- Gross operating margin -€1,837
down €1,837 (-28.9%), from €6,346 to €4,509
- Other operating charges -€657
down €657 (-33.1%), from €1,983 to €1,326
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 | €36,177 | €35,695 | -€482 | -1.3% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €33,477 | €32,995 | -€482 | -1.4% |
| Stocks and contracts in progress | 3 | €27,573 | €26,400 | -€1,173 | -4.3% |
| Stocks | 30/36 | €27,573 | €26,400 | -€1,173 | -4.3% |
| Amounts receivable within one year | 40/41 | €0 | €63 | +€63 | |
| Other amounts receivable | 41 | €0 | €63 | +€63 | |
| Cash at bank and in hand | 54/58 | €5,903 | €6,533 | +€629 | +10.7% |
| Total equity and liabilities | 10/49 | €36,177 | €35,695 | -€482 | -1.3% |
| Equity | 10/15 | €34,085 | €35,396 | +€1,310 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,485 | €16,796 | +€1,310 | +8.5% |
| 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 | €13,625 | €14,936 | +€1,310 | +9.6% |
| Amounts payable | 17/49 | €2,091 | €300 | -€1,792 | -85.7% |
| Amounts payable within one year | 42/48 | €2,091 | €300 | -€1,792 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,756 | €300 | -€1,456 | -82.9% |
| Suppliers | 440/4 | €1,756 | €300 | -€1,456 | -82.9% |
| Taxes, remuneration and social security | 45 | €335 | €0 | -€335 | -100.0% |
| Taxes | 450/3 | €335 | €0 | -€335 | -100.0% |
| Other operating charges | 640/8 | €1,983 | €1,326 | -€657 | -33.1% |
| Gross operating margin | 9900 | €6,346 | €4,509 | -€1,837 | -28.9% |
| Operating profit (loss) | 9901 | €4,363 | €3,183 | -€1,180 | -27.0% |
| Financial charges | 65/66B | €3,906 | €1,873 | -€2,033 | -52.1% |
| Recurring financial charges | 65 | €3,906 | €1,873 | -€2,033 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €456 | €1,310 | +€854 | +187.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €456 | €1,310 | +€854 | +187.1% |
| Profit (loss) for the period to be appropriated | 9905 | €456 | €1,310 | +€854 | +187.1% |
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 28 September 2026 via checked.be.