EXPRESSIS: 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.
EXPRESSIS
Largest movements
- Receivables within one year -€30,793
down €30,793 (-31.7%), from €97,191 to €66,398
of which Trade receivables: -€17,479
- Cash +€12,106
up €12,106 (+736.6%), from €1,643 to €13,750
mainly Receivables within one year (+€30,793) and Investment in fixed assets (net) (+€4,126)
- Tangible fixed assets -€6,194
down €6,194 (-67.6%), from €9,168 to €2,975
- Deferred charges and accrued income -€2,936
down €2,936 (-16.6%), from €17,706 to €14,770
- Tax, wage and social debts -€11,826
down €11,826 (-66.7%), from €17,728 to €5,902
of which Remuneration and social security: -€8,480
- Trade debts -€9,507
down €9,507 (-36.7%), from €25,882 to €16,375
of which Bills of exchange payable: -€20,237
- Other debts -€9,272
no longer reported in 2025 (was €9,272)
- Profit (loss) carried forward +€2,788
up €2,788 (+4.3%), from €64,766 to €67,555
- Turnover -€163,597
down €163,597 (-36.4%), from €449,922 to €286,324
- Purchases and services -€146,982
down €146,982 (-34.7%), from €422,996 to €276,014
- Gross operating margin -€16,744
down €16,744 (-60.4%), from €27,707 to €10,963
- Financial charges -€6,178
down €6,178 (-98.8%), from €6,253 to €75
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 | €125,709 | €97,892 | -€27,817 | -22.1% |
| Fixed assets | 21/28 | €9,168 | €2,975 | -€6,194 | -67.6% |
| Tangible fixed assets | 22/27 | €9,168 | €2,975 | -€6,194 | -67.6% |
| Furniture and vehicles | 24 | €9,168 | €2,975 | -€6,194 | -67.6% |
| Current assets | 29/58 | €116,540 | €94,917 | -€21,623 | -18.6% |
| Amounts receivable within one year | 40/41 | €97,191 | €66,398 | -€30,793 | -31.7% |
| Trade receivables | 40 | €74,282 | €56,803 | -€17,479 | -23.5% |
| Other amounts receivable | 41 | €22,909 | €9,594 | -€13,314 | -58.1% |
| Cash at bank and in hand | 54/58 | €1,643 | €13,750 | +€12,106 | +736.6% |
| Deferred charges and accrued income | 490/1 | €17,706 | €14,770 | -€2,936 | -16.6% |
| Total equity and liabilities | 10/49 | €125,709 | €97,892 | -€27,817 | -22.1% |
| Equity | 10/15 | €72,826 | €75,615 | +€2,788 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €64,766 | €67,555 | +€2,788 | +4.3% |
| Amounts payable | 17/49 | €52,882 | €22,277 | -€30,605 | -57.9% |
| Amounts payable within one year | 42/48 | €52,882 | €22,277 | -€30,605 | -57.9% |
| Trade debts | 44 | €25,882 | €16,375 | -€9,507 | -36.7% |
| Suppliers | 440/4 | €5,645 | €16,375 | +€10,731 | +190.1% |
| Bills of exchange payable | 441 | €20,237 | - | -€20,237 | |
| Taxes, remuneration and social security | 45 | €17,728 | €5,902 | -€11,826 | -66.7% |
| Taxes | 450/3 | €9,248 | €5,902 | -€3,346 | -36.2% |
| Remuneration and social security | 454/9 | €8,480 | - | -€8,480 | |
| Other amounts payable | 47/48 | €9,272 | - | -€9,272 | |
| Turnover | 70 | €449,922 | €286,324 | -€163,597 | -36.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €422,996 | €276,014 | -€146,982 | -34.7% |
| Remuneration, social security and pensions | 62 | €29 | - | -€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,744 | €2,067 | +€323 | +18.6% |
| Other operating charges | 640/8 | €590 | €4,330 | +€3,740 | +633.7% |
| Gross operating margin | 9900 | €27,707 | €10,963 | -€16,744 | -60.4% |
| Operating profit (loss) | 9901 | €25,344 | €4,565 | -€20,778 | -82.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €6,253 | €75 | -€6,178 | -98.8% |
| Recurring financial charges | 65 | €6,253 | €75 | -€6,178 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | €19,096 | €4,491 | -€14,605 | -76.5% |
| Income taxes | 67/77 | €4,248 | €1,702 | -€2,546 | -59.9% |
| Profit (loss) for the period | 9904 | €14,848 | €2,788 | -€12,059 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,848 | €2,788 | -€12,059 | -81.2% |
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.