ForExperts: 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.
ForExperts
Largest movements
- Tangible fixed assets -€14,118
down €14,118 (-41.2%), from €34,301 to €20,183
of which Leasing and similar rights: -€12,615
- Cash +€12,770
up €12,770 (+42.5%), from €30,050 to €42,820
mainly Depreciation (+€15,085) and Other debts (+€14,110)
- Receivables within one year +€7,134
up €7,134 (+189.9%), from €3,756 to €10,890
of which Trade receivables: +€10,890
- Deferred charges and accrued income +€1,022
up €1,022 (+78.3%), from €1,306 to €2,328
- Other debts +€14,110
new in 2025: €14,110
- Debts after one year -€11,799
down €11,799 (-100.0%), from €11,799 to €0
- Tax, wage and social debts +€3,599
up €3,599 (+42.7%), from €8,425 to €12,024
- Trade debts +€2,917
up €2,917 (+415.5%), from €702 to €3,619
- Current portion of long-term debt -€2,019
down €2,019 (-15.8%), from €12,750 to €10,731
- Gross operating margin -€16,715
down €16,715 (-35.7%), from €46,813 to €30,097
- Staff costs -€16,127
down €16,127 (-100.0%), from €16,127 to €0
- Taxes -€1,239
down €1,239 (-22.8%), from €5,445 to €4,206
- Depreciation +€548
up €548 (+3.8%), from €14,536 to €15,085
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 | €69,413 | €76,221 | +€6,808 | +9.8% |
| Fixed assets | 21/28 | €34,301 | €20,183 | -€14,118 | -41.2% |
| Tangible fixed assets | 22/27 | €34,301 | €20,183 | -€14,118 | -41.2% |
| Furniture and vehicles | 24 | €12,251 | €10,747 | -€1,504 | -12.3% |
| Leasing and similar rights | 25 | €22,050 | €9,435 | -€12,615 | -57.2% |
| Current assets | 29/58 | €35,112 | €56,038 | +€20,926 | +59.6% |
| Amounts receivable within one year | 40/41 | €3,756 | €10,890 | +€7,134 | +189.9% |
| Trade receivables | 40 | - | €10,890 | +€10,890 | |
| Other amounts receivable | 41 | €3,756 | €0 | -€3,756 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,050 | €42,820 | +€12,770 | +42.5% |
| Deferred charges and accrued income | 490/1 | €1,306 | €2,328 | +€1,022 | +78.3% |
| Total equity and liabilities | 10/49 | €69,413 | €76,221 | +€6,808 | +9.8% |
| Equity | 10/15 | €35,738 | €35,738 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,738 | €30,738 | = | 0.0% |
| Distributable reserves | 133 | €30,738 | €30,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,676 | €40,483 | +€6,808 | +20.2% |
| Amounts payable after more than one year | 17 | €11,799 | €0 | -€11,799 | -100.0% |
| Financial debts | 170/4 | €11,799 | €0 | -€11,799 | -100.0% |
| Amounts payable within one year | 42/48 | €21,877 | €40,483 | +€18,606 | +85.1% |
| Current portion of amounts payable after more than one year | 42 | €12,750 | €10,731 | -€2,019 | -15.8% |
| Trade debts | 44 | €702 | €3,619 | +€2,917 | +415.5% |
| Suppliers | 440/4 | €702 | €3,619 | +€2,917 | +415.5% |
| Taxes, remuneration and social security | 45 | €8,425 | €12,024 | +€3,599 | +42.7% |
| Taxes | 450/3 | €8,425 | €12,024 | +€3,599 | +42.7% |
| Other amounts payable | 47/48 | - | €14,110 | +€14,110 | |
| Remuneration, social security and pensions | 62 | €16,127 | €0 | -€16,127 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,536 | €15,085 | +€548 | +3.8% |
| Other operating charges | 640/8 | €845 | €648 | -€197 | -23.3% |
| Gross operating margin | 9900 | €46,813 | €30,097 | -€16,715 | -35.7% |
| Operating profit (loss) | 9901 | €15,304 | €14,365 | -€939 | -6.1% |
| Financial income | 75/76B | €67 | €333 | +€266 | +399.4% |
| Recurring financial income | 75 | €67 | €333 | +€266 | +399.4% |
| Financial charges | 65/66B | €744 | €414 | -€331 | -44.4% |
| Recurring financial charges | 65 | €744 | €414 | -€331 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €14,626 | €14,284 | -€342 | -2.3% |
| Income taxes | 67/77 | €5,445 | €4,206 | -€1,239 | -22.8% |
| Profit (loss) for the period | 9904 | €9,181 | €10,078 | +€897 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,181 | €10,078 | +€897 | +9.8% |
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.