LEXPAT: 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.
LEXPAT
Largest movements
- Receivables within one year -€22,415
down €22,415 (-97.3%), from €23,037 to €622
of which Other amounts receivable: -€22,225
- Cash -€5,936
down €5,936 (-14.7%), from €40,267 to €34,331
mainly Other debts (-€17,383) and Tax, wage and social debts (-€6,913)
- Tangible fixed assets +€4,503
up €4,503 (+67.0%), from €6,722 to €11,225
of which Furniture and vehicles: +€5,227
- Other debts -€17,383
down €17,383 (-86.9%), from €20,000 to €2,617
- Tax, wage and social debts -€6,913
down €6,913 (-39.6%), from €17,478 to €10,565
- Profit (loss) carried forward +€1,934
up €1,934 (+6.4%), from €30,419 to €32,353
- Trade debts -€1,486
down €1,486 (-83.5%), from €1,779 to €293
- Gross operating margin -€18,896
down €18,896 (-74.2%), from €25,481 to €6,585
- Taxes -€4,000
down €4,000 (-75.7%), from €5,282 to €1,282
- Depreciation +€627
up €627 (+37.3%), from €1,680 to €2,307
- Other operating charges +€264
up €264 (+46.1%), from €573 to €837
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 | €71,676 | €47,828 | -€23,848 | -33.3% |
| Fixed assets | 21/28 | €8,372 | €12,875 | +€4,503 | +53.8% |
| Tangible fixed assets | 22/27 | €6,722 | €11,225 | +€4,503 | +67.0% |
| Furniture and vehicles | 24 | €606 | €5,833 | +€5,227 | +862.5% |
| Other tangible fixed assets | 26 | €6,116 | €5,392 | -€724 | -11.8% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €63,304 | €34,953 | -€28,351 | -44.8% |
| Amounts receivable within one year | 40/41 | €23,037 | €622 | -€22,415 | -97.3% |
| Trade receivables | 40 | €812 | €622 | -€190 | -23.4% |
| Other amounts receivable | 41 | €22,225 | - | -€22,225 | |
| Cash at bank and in hand | 54/58 | €40,267 | €34,331 | -€5,936 | -14.7% |
| Total equity and liabilities | 10/49 | €71,676 | €47,828 | -€23,848 | -33.3% |
| Equity | 10/15 | €32,419 | €34,353 | +€1,934 | +6.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,419 | €32,353 | +€1,934 | +6.4% |
| Amounts payable | 17/49 | €39,257 | €13,475 | -€25,782 | -65.7% |
| Amounts payable within one year | 42/48 | €39,257 | €13,475 | -€25,782 | -65.7% |
| Trade debts | 44 | €1,779 | €293 | -€1,486 | -83.5% |
| Suppliers | 440/4 | €1,779 | €293 | -€1,486 | -83.5% |
| Taxes, remuneration and social security | 45 | €17,478 | €10,565 | -€6,913 | -39.6% |
| Taxes | 450/3 | €17,478 | €10,565 | -€6,913 | -39.6% |
| Other amounts payable | 47/48 | €20,000 | €2,617 | -€17,383 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,680 | €2,307 | +€627 | +37.3% |
| Other operating charges | 640/8 | €573 | €837 | +€264 | +46.1% |
| Gross operating margin | 9900 | €25,481 | €6,585 | -€18,896 | -74.2% |
| Operating profit (loss) | 9901 | €23,228 | €3,441 | -€19,787 | -85.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €239 | €230 | -€9 | -3.8% |
| Recurring financial charges | 65 | €239 | €230 | -€9 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €22,989 | €3,216 | -€19,773 | -86.0% |
| Income taxes | 67/77 | €5,282 | €1,282 | -€4,000 | -75.7% |
| Profit (loss) for the period | 9904 | €17,707 | €1,934 | -€15,773 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,707 | €1,934 | -€15,773 | -89.1% |
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 29 September 2026 via checked.be.