JEXPERTISE: 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.
JEXPERTISE
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Tangible fixed assets +€27,273
up €27,273 (+140.0%), from €19,485 to €46,758
of which Furniture and vehicles: +€31,289
- Cash -€25,581
down €25,581 (-99.2%), from €25,783 to €202
mainly Receivables after one year (-€50,000) and Investment in fixed assets (net) (-€46,277)
- Receivables within one year +€7,464
up €7,464 (+75.7%), from €9,855 to €17,319
of which Trade receivables: +€4,220
- Debts after one year +€33,558
up €33,558 (+1428.5%), from €2,349 to €35,907
- Profit (loss) carried forward +€13,832
up €13,832 (+55.4%), from €24,978 to €38,810
- Current portion of long-term debt +€9,742
up €9,742 (+57.8%), from €16,842 to €26,584
- Tax, wage and social debts -€5,352
down €5,352 (-90.9%), from €5,890 to €538
- Trade debts +€4,190
up €4,190 (+358.4%), from €1,169 to €5,359
- Depreciation +€6,782
up €6,782 (+55.5%), from €12,222 to €19,003
- Taxes -€1,244
down €1,244 (-16.8%), from €7,405 to €6,161
- Gross operating margin -€1,156
down €1,156 (-2.7%), from €42,403 to €41,247
- Financial charges +€618
up €618 (+65.6%), from €943 to €1,561
- Other operating charges -€556
down €556 (-44.6%), from €1,245 to €689
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 | €55,265 | €115,059 | +€59,794 | +108.2% |
| Fixed assets | 21/28 | €19,539 | €46,812 | +€27,273 | +139.6% |
| Tangible fixed assets | 22/27 | €19,485 | €46,758 | +€27,273 | +140.0% |
| Furniture and vehicles | 24 | €13,252 | €44,541 | +€31,289 | +236.1% |
| Other tangible fixed assets | 26 | €6,232 | €2,217 | -€4,016 | -64.4% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €35,727 | €68,247 | +€32,520 | +91.0% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Trade receivables | 290 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €9,855 | €17,319 | +€7,464 | +75.7% |
| Trade receivables | 40 | €7,260 | €11,480 | +€4,220 | +58.1% |
| Other amounts receivable | 41 | €2,595 | €5,839 | +€3,244 | +125.0% |
| Cash at bank and in hand | 54/58 | €25,783 | €202 | -€25,581 | -99.2% |
| Deferred charges and accrued income | 490/1 | €89 | €725 | +€637 | +719.3% |
| Total equity and liabilities | 10/49 | €55,265 | €115,059 | +€59,794 | +108.2% |
| Equity | 10/15 | €27,978 | €41,810 | +€13,832 | +49.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,978 | €38,810 | +€13,832 | +55.4% |
| Amounts payable | 17/49 | €27,287 | €73,249 | +€45,962 | +168.4% |
| Amounts payable after more than one year | 17 | €2,349 | €35,907 | +€33,558 | +1428.5% |
| Financial debts | 170/4 | €2,349 | €35,907 | +€33,558 | +1428.5% |
| Amounts payable within one year | 42/48 | €24,751 | €37,342 | +€12,591 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €16,842 | €26,584 | +€9,742 | +57.8% |
| Trade debts | 44 | €1,169 | €5,359 | +€4,190 | +358.4% |
| Suppliers | 440/4 | €1,169 | €5,359 | +€4,190 | +358.4% |
| Taxes, remuneration and social security | 45 | €5,890 | €538 | -€5,352 | -90.9% |
| Taxes | 450/3 | €5,890 | €538 | -€5,352 | -90.9% |
| Other amounts payable | 47/48 | €850 | €4,862 | +€4,011 | +471.7% |
| Accrued charges and deferred income | 492/3 | €187 | - | -€187 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,222 | €19,003 | +€6,782 | +55.5% |
| Other operating charges | 640/8 | €1,245 | €689 | -€556 | -44.6% |
| Gross operating margin | 9900 | €42,403 | €41,247 | -€1,156 | -2.7% |
| Operating profit (loss) | 9901 | €28,936 | €21,554 | -€7,383 | -25.5% |
| Financial charges | 65/66B | €943 | €1,561 | +€618 | +65.6% |
| Recurring financial charges | 65 | €943 | €1,561 | +€618 | +65.6% |
| Profit (loss) for the period before taxes | 9903 | €27,994 | €19,993 | -€8,001 | -28.6% |
| Income taxes | 67/77 | €7,405 | €6,161 | -€1,244 | -16.8% |
| Profit (loss) for the period | 9904 | €20,589 | €13,832 | -€6,757 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,589 | €13,832 | -€6,757 | -32.8% |
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 8 October 2026 via checked.be.