EXPRESSY: 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.
EXPRESSY
Largest movements
- Receivables within one year -€118,497
down €118,497 (-54.4%), from €217,767 to €99,270
of which Trade receivables: -€98,673
- Tangible fixed assets +€96,756
up €96,756 (+74.8%), from €129,349 to €226,106
of which Furniture and vehicles: +€66,008
- Cash +€77,103
up €77,103 (+213.5%), from €36,109 to €113,212
mainly Net result for the year (+€122,466) and Receivables within one year (+€118,497)
- Stocks and contracts +€9,016
new in 2025: €9,016
- Deferred charges and accrued income -€5,493
down €5,493 (-35.9%), from €15,285 to €9,792
- Other debts +€87,948
up €87,948 (+988.1%), from €8,901 to €96,848
- Trade debts -€41,109
down €41,109 (-68.9%), from €59,654 to €18,545
- Profit (loss) carried forward +€39,966
up €39,966 (+31.9%), from €125,312 to €165,278
- Debts after one year -€27,384
down €27,384 (-56.7%), from €48,267 to €20,883
- Gross operating margin +€358,033
up €358,033 (+55.1%), from €649,542 to €1.0m
- Staff costs +€286,627
up €286,627 (+59.0%), from €485,572 to €772,199
- Depreciation +€19,542
up €19,542 (+140.7%), from €13,885 to €33,426
- Other operating charges +€15,427
up €15,427 (+117.0%), from €13,182 to €28,609
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 | €399,010 | €457,895 | +€58,885 | +14.8% |
| Fixed assets | 21/28 | €129,849 | €226,606 | +€96,756 | +74.5% |
| Tangible fixed assets | 22/27 | €129,349 | €226,106 | +€96,756 | +74.8% |
| Furniture and vehicles | 24 | €129,349 | €195,357 | +€66,008 | +51.0% |
| Other tangible fixed assets | 26 | - | €30,749 | +€30,749 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €269,161 | €231,290 | -€37,872 | -14.1% |
| Stocks and contracts in progress | 3 | - | €9,016 | +€9,016 | |
| Stocks | 30/36 | - | €9,016 | +€9,016 | |
| Amounts receivable within one year | 40/41 | €217,767 | €99,270 | -€118,497 | -54.4% |
| Trade receivables | 40 | €197,943 | €99,270 | -€98,673 | -49.8% |
| Other amounts receivable | 41 | €19,824 | - | -€19,824 | |
| Cash at bank and in hand | 54/58 | €36,109 | €113,212 | +€77,103 | +213.5% |
| Deferred charges and accrued income | 490/1 | €15,285 | €9,792 | -€5,493 | -35.9% |
| Total equity and liabilities | 10/49 | €399,010 | €457,895 | +€58,885 | +14.8% |
| Equity | 10/15 | €127,312 | €167,278 | +€39,966 | +31.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,312 | €165,278 | +€39,966 | +31.9% |
| Amounts payable | 17/49 | €271,698 | €290,617 | +€18,919 | +7.0% |
| Amounts payable after more than one year | 17 | €48,267 | €20,883 | -€27,384 | -56.7% |
| Financial debts | 170/4 | €48,267 | €20,883 | -€27,384 | -56.7% |
| Amounts payable within one year | 42/48 | €223,431 | €269,734 | +€46,303 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €26,109 | €27,338 | +€1,229 | +4.7% |
| Trade debts | 44 | €59,654 | €18,545 | -€41,109 | -68.9% |
| Suppliers | 440/4 | €59,654 | €18,545 | -€41,109 | -68.9% |
| Taxes, remuneration and social security | 45 | €128,768 | €127,003 | -€1,765 | -1.4% |
| Taxes | 450/3 | €28,422 | €47,071 | +€18,649 | +65.6% |
| Remuneration and social security | 454/9 | €100,345 | €79,932 | -€20,413 | -20.3% |
| Other amounts payable | 47/48 | €8,901 | €96,848 | +€87,948 | +988.1% |
| Remuneration, social security and pensions | 62 | €485,572 | €772,199 | +€286,627 | +59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,885 | €33,426 | +€19,542 | +140.7% |
| Other operating charges | 640/8 | €13,182 | €28,609 | +€15,427 | +117.0% |
| Gross operating margin | 9900 | €649,542 | €1,007,576 | +€358,033 | +55.1% |
| Operating profit (loss) | 9901 | €136,904 | €173,341 | +€36,438 | +26.6% |
| Financial income | 75/76B | €131 | €596 | +€466 | +356.4% |
| Recurring financial income | 75 | €131 | €596 | +€466 | +356.4% |
| Financial charges | 65/66B | €3,213 | €5,241 | +€2,028 | +63.1% |
| Recurring financial charges | 65 | €3,213 | €5,241 | +€2,028 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | €133,822 | €168,697 | +€34,875 | +26.1% |
| Income taxes | 67/77 | €38,871 | €46,231 | +€7,360 | +18.9% |
| Profit (loss) for the period | 9904 | €94,951 | €122,466 | +€27,515 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,951 | €122,466 | +€27,515 | +29.0% |
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 5 October 2026 via checked.be.