EXPRESSI: 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.
EXPRESSI
Largest movements
- Tangible fixed assets +€9,929
up €9,929 (+120.2%), from €8,258 to €18,187
- Receivables within one year -€9,558
down €9,558 (-25.9%), from €36,963 to €27,405
- Tax, wage and social debts -€1,482
down €1,482 (-57.8%), from €2,566 to €1,084
- Gross operating margin -€32,792
down €32,792 (-87.4%), from €37,509 to €4,717
- Staff costs -€27,392
down €27,392 (-100.0%), from €27,405 to €13
- Other operating charges -€2,400
no longer reported in 2025 (was €2,400)
- Taxes -€2,000
down €2,000 (-60.0%), from €3,333 to €1,332
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 | €131,969 | €132,118 | +€149 | +0.1% |
| Fixed assets | 21/28 | €9,858 | €19,787 | +€9,929 | +100.7% |
| Tangible fixed assets | 22/27 | €8,258 | €18,187 | +€9,929 | +120.2% |
| Other tangible fixed assets | 26 | €8,258 | €18,187 | +€9,929 | +120.2% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €122,111 | €112,331 | -€9,780 | -8.0% |
| Stocks and contracts in progress | 3 | €12,299 | €12,425 | +€126 | +1.0% |
| Stocks | 30/36 | €12,299 | €12,425 | +€126 | +1.0% |
| Amounts receivable within one year | 40/41 | €36,963 | €27,405 | -€9,558 | -25.9% |
| Other amounts receivable | 41 | €36,963 | €27,405 | -€9,558 | -25.9% |
| Cash at bank and in hand | 54/58 | €72,395 | €72,047 | -€348 | -0.5% |
| Deferred charges and accrued income | 490/1 | €454 | €454 | = | 0.0% |
| Total equity and liabilities | 10/49 | €131,969 | €132,118 | +€149 | +0.1% |
| Equity | 10/15 | €129,403 | €130,135 | +€731 | +0.6% |
| Contributions | 10/11 | €14,060 | €14,060 | = | 0.0% |
| Outside capital | 11 | €14,060 | €14,060 | = | 0.0% |
| Other | 1109/19 | €14,060 | €14,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,343 | €116,075 | +€731 | +0.6% |
| Amounts payable | 17/49 | €2,566 | €1,983 | -€583 | -22.7% |
| Amounts payable within one year | 42/48 | €2,566 | €1,983 | -€583 | -22.7% |
| Trade debts | 44 | - | €899 | +€899 | |
| Suppliers | 440/4 | - | €899 | +€899 | |
| Taxes, remuneration and social security | 45 | €2,566 | €1,084 | -€1,482 | -57.8% |
| Taxes | 450/3 | €2,566 | €1,084 | -€1,482 | -57.8% |
| Remuneration, social security and pensions | 62 | €27,405 | €13 | -€27,392 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,698 | €2,566 | -€133 | -4.9% |
| Other operating charges | 640/8 | €2,400 | - | -€2,400 | |
| Gross operating margin | 9900 | €37,509 | €4,717 | -€32,792 | -87.4% |
| Operating profit (loss) | 9901 | €5,006 | €2,139 | -€2,867 | -57.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €101 | €77 | -€24 | -24.0% |
| Recurring financial charges | 65 | €101 | €77 | -€24 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €4,905 | €2,063 | -€2,842 | -57.9% |
| Income taxes | 67/77 | €3,333 | €1,332 | -€2,000 | -60.0% |
| Profit (loss) for the period | 9904 | €1,573 | €731 | -€841 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,573 | €731 | -€841 | -53.5% |
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 4 October 2026 via checked.be.