EXPRESSNAILS: 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.
EXPRESSNAILS
Largest movements
- Cash +€8,015
up €8,015 (+194.0%), from €4,131 to €12,146
mainly Trade debts (+€18,226) and Depreciation (+€375)
- Tangible fixed assets -€375
no longer reported in 2025 (was €375)
- Trade debts +€18,226
up €18,226 (+1931.1%), from €944 to €19,169
- Debts after one year -€5,500
down €5,500 (-61.1%), from €9,000 to €3,500
- Profit (loss) carried forward -€4,193
down €4,193 (-45.5%), from -€9,211 to -€13,404
- Tax, wage and social debts -€479
down €479 (-24.6%), from €1,949 to €1,470
- Other debts -€414
down €414 (-60.3%), from €687 to €273
- Gross operating margin -€24,039
down €24,039 (-94.4%), from €25,462 to €1,423
- Staff costs -€12,350
no longer reported in 2025 (was €12,350)
- Other operating charges -€2,954
down €2,954 (-36.1%), from €8,194 to €5,240
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 | €4,869 | €12,509 | +€7,640 | +156.9% |
| Fixed assets | 21/28 | €738 | €363 | -€375 | -50.8% |
| Tangible fixed assets | 22/27 | €375 | - | -€375 | |
| Furniture and vehicles | 24 | €375 | - | -€375 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €4,131 | €12,146 | +€8,015 | +194.0% |
| Cash at bank and in hand | 54/58 | €4,131 | €12,146 | +€8,015 | +194.0% |
| Total equity and liabilities | 10/49 | €4,869 | €12,509 | +€7,640 | +156.9% |
| Equity | 10/15 | -€7,711 | -€11,904 | -€4,193 | -54.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | - | -€1,500 | |
| Issued capital | 100 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | -€9,211 | -€13,404 | -€4,193 | -45.5% |
| Amounts payable | 17/49 | €12,580 | €24,412 | +€11,832 | +94.1% |
| Amounts payable after more than one year | 17 | €9,000 | €3,500 | -€5,500 | -61.1% |
| Other amounts payable | 178/9 | €9,000 | €3,500 | -€5,500 | -61.1% |
| Amounts payable within one year | 42/48 | €3,580 | €20,912 | +€17,332 | +484.1% |
| Trade debts | 44 | €944 | €19,169 | +€18,226 | +1931.1% |
| Suppliers | 440/4 | €944 | €19,169 | +€18,226 | +1931.1% |
| Taxes, remuneration and social security | 45 | €1,949 | €1,470 | -€479 | -24.6% |
| Taxes | 450/3 | €1,949 | €1,470 | -€479 | -24.6% |
| Other amounts payable | 47/48 | €687 | €273 | -€414 | -60.3% |
| Remuneration, social security and pensions | 62 | €12,350 | - | -€12,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €375 | -€125 | -25.0% |
| Other operating charges | 640/8 | €8,194 | €5,240 | -€2,954 | -36.1% |
| Gross operating margin | 9900 | €25,462 | €1,423 | -€24,039 | -94.4% |
| Operating profit (loss) | 9901 | €4,417 | -€4,193 | -€8,610 | |
| Financial charges | 65/66B | €15 | - | -€15 | |
| Recurring financial charges | 65 | €15 | - | -€15 | |
| Profit (loss) for the period before taxes | 9903 | €4,402 | -€4,193 | -€8,595 | |
| Profit (loss) for the period | 9904 | €4,402 | -€4,193 | -€8,595 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,402 | -€4,193 | -€8,595 |
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 7 October 2026 via checked.be.