HXPERTISE: 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.
HXPERTISE
Largest movements
- Receivables within one year +€1,398
up €1,398 (+393.4%), from €355 to €1,754
of which Other amounts receivable: +€745
- Cash +€1,268
up €1,268 (+25.5%), from €4,974 to €6,242
mainly Net result for the year (+€2,469) and Trade debts (+€753)
- Tangible fixed assets +€267
up €267 (+176.1%), from €152 to €419
- Reserves +€2,000
up €2,000 (+666.7%), from €300 to €2,300
of which Distributable reserves: +€2,000
- Trade debts +€753
up €753 (+821.7%), from €92 to €844
- Profit (loss) carried forward +€469
up €469 (+29.0%), from €1,618 to €2,087
- Tax, wage and social debts -€288
down €288 (-61.1%), from €472 to €184
- Turnover +€3,975
up €3,975 (+39.2%), from €10,140 to €14,115
- Purchases and services +€2,828
up €2,828 (+36.7%), from €7,702 to €10,530
- Gross operating margin +€1,445
up €1,445 (+59.3%), from €2,438 to €3,884
- Taxes +€493
new in 2025: €493
- Depreciation -€209
down €209 (-49.7%), from €420 to €211
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 | €5,481 | €8,415 | +€2,933 | +53.5% |
| Fixed assets | 21/28 | €152 | €419 | +€267 | +176.1% |
| Tangible fixed assets | 22/27 | €152 | €419 | +€267 | +176.1% |
| Furniture and vehicles | 24 | €152 | €419 | +€267 | +176.1% |
| Current assets | 29/58 | €5,330 | €7,996 | +€2,666 | +50.0% |
| Amounts receivable within one year | 40/41 | €355 | €1,754 | +€1,398 | +393.4% |
| Trade receivables | 40 | - | €653 | +€653 | |
| Other amounts receivable | 41 | €355 | €1,100 | +€745 | +209.6% |
| Cash at bank and in hand | 54/58 | €4,974 | €6,242 | +€1,268 | +25.5% |
| Total equity and liabilities | 10/49 | €5,481 | €8,415 | +€2,933 | +53.5% |
| Equity | 10/15 | €4,918 | €7,387 | +€2,469 | +50.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €2,300 | +€2,000 | +666.7% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €1,618 | €2,087 | +€469 | +29.0% |
| Amounts payable | 17/49 | €563 | €1,028 | +€465 | +82.5% |
| Amounts payable within one year | 42/48 | €563 | €1,028 | +€465 | +82.5% |
| Trade debts | 44 | €92 | €844 | +€753 | +821.7% |
| Suppliers | 440/4 | €92 | €844 | +€753 | +821.7% |
| Taxes, remuneration and social security | 45 | €472 | €184 | -€288 | -61.1% |
| Taxes | 450/3 | €472 | €184 | -€288 | -61.1% |
| Turnover | 70 | €10,140 | €14,115 | +€3,975 | +39.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,702 | €10,530 | +€2,828 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | €211 | -€209 | -49.7% |
| Other operating charges | 640/8 | €488 | €581 | +€93 | +19.0% |
| Gross operating margin | 9900 | €2,438 | €3,884 | +€1,445 | +59.3% |
| Operating profit (loss) | 9901 | €1,529 | €3,091 | +€1,561 | +102.1% |
| Financial charges | 65/66B | €108 | €129 | +€21 | +19.4% |
| Recurring financial charges | 65 | €108 | €129 | +€21 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €1,421 | €2,962 | +€1,541 | +108.4% |
| Income taxes | 67/77 | - | €493 | +€493 | |
| Profit (loss) for the period | 9904 | €1,421 | €2,469 | +€1,047 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,421 | €2,469 | +€1,047 | +73.7% |
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.