SA L'EXPRESSO: what changed
Two financial 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.
SA L'EXPRESSO
Largest movements
- Tangible fixed assets -€8,099
down €8,099 (-26.1%), from €31,038 to €22,940
of which Furniture and vehicles: -€9,615
- Receivables within one year +€3,924
up €3,924 (+2.2%), from €177,070 to €180,993
of which Other amounts receivable: +€3,585
- Profit (loss) carried forward +€9,113
up €9,113 (+5.5%), from €164,235 to €173,348
- Debts after one year -€8,965
no longer reported in 2024 (was €8,965)
- Other debts -€5,393
down €5,393 (-100.0%), from €5,395 to €3
- Trade debts +€4,661
up €4,661 (+75.2%), from €6,198 to €10,859
- Gross operating margin +€13,163
up €13,163 (+52.5%), from €25,078 to €38,241
- Financial income +€5,979
up €5,979 (+129%), from €4,635 to €10,615
- Staff costs -€4,791
down €4,791 (-19.1%), from €25,118 to €20,327
- Other operating charges +€492
up €492 (+26.0%), from €1,893 to €2,386
- Taxes +€473
up €473 (+421%), from €112 to €585
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,922 | €298,603 | -€2,320 | -0.8% |
| Fixed assets | 21/28 | €31,038 | €22,940 | -€8,099 | -26.1% |
| Tangible fixed assets | 22/27 | €31,038 | €22,940 | -€8,099 | -26.1% |
| Land and buildings | 22 | €12,315 | €11,115 | -€1,200 | -9.7% |
| Plant, machinery and equipment | 23 | €494 | €3,210 | +€2,716 | +550% |
| Furniture and vehicles | 24 | €18,230 | €8,614 | -€9,615 | -52.7% |
| Current assets | 29/58 | €269,884 | €275,663 | +€5,779 | +2.1% |
| Stocks and contracts in progress | 3 | €2,474 | €2,474 | = | 0.0% |
| Stocks | 30/36 | €2,474 | €2,474 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €177,070 | €180,993 | +€3,924 | +2.2% |
| Trade receivables | 40 | €841 | €1,180 | +€339 | +40.2% |
| Other amounts receivable | 41 | €176,228 | €179,813 | +€3,585 | +2.0% |
| Cash at bank and in hand | 54/58 | €89,103 | €89,324 | +€221 | +0.2% |
| Deferred charges and accrued income | 490/1 | €1,237 | €2,872 | +€1,634 | +132% |
| Total equity and liabilities | 10/49 | €300,922 | €298,603 | -€2,320 | -0.8% |
| Equity | 10/15 | €261,104 | €270,217 | +€9,113 | +3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €34,869 | €34,869 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,364 | €32,364 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €26,164 | €26,164 | = | 0.0% |
| Distributable reserves | 133 | €2,505 | €2,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,235 | €173,348 | +€9,113 | +5.5% |
| Amounts payable | 17/49 | €39,818 | €28,386 | -€11,432 | -28.7% |
| Amounts payable after more than one year | 17 | €8,965 | - | -€8,965 | |
| Financial debts | 170/4 | €8,965 | - | -€8,965 | |
| Amounts payable within one year | 42/48 | €30,853 | €28,345 | -€2,508 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €8,820 | €8,965 | +€145 | +1.6% |
| Trade debts | 44 | €6,198 | €10,859 | +€4,661 | +75.2% |
| Suppliers | 440/4 | €6,198 | €10,859 | +€4,661 | +75.2% |
| Taxes, remuneration and social security | 45 | €10,439 | €8,518 | -€1,921 | -18.4% |
| Taxes | 450/3 | €195 | €585 | +€390 | +200% |
| Remuneration and social security | 454/9 | €10,245 | €7,933 | -€2,311 | -22.6% |
| Other amounts payable | 47/48 | €5,395 | €3 | -€5,393 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €41 | +€41 | |
| Remuneration, social security and pensions | 62 | €25,118 | €20,327 | -€4,791 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,574 | €14,871 | +€298 | +2.0% |
| Other operating charges | 640/8 | €1,893 | €2,386 | +€492 | +26.0% |
| Gross operating margin | 9900 | €25,078 | €38,241 | +€13,163 | +52.5% |
| Operating profit (loss) | 9901 | -€16,507 | €657 | +€17,164 | |
| Financial income | 75/76B | €4,635 | €10,615 | +€5,979 | +129% |
| Recurring financial income | 75 | €4,635 | €10,615 | +€5,979 | +129% |
| Financial charges | 65/66B | €1,798 | €1,574 | -€224 | -12.4% |
| Recurring financial charges | 65 | €1,798 | €1,574 | -€224 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,669 | €9,698 | +€23,367 | |
| Income taxes | 67/77 | €112 | €585 | +€473 | +421% |
| Profit (loss) for the period | 9904 | -€13,781 | €9,113 | +€22,894 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,781 | €9,113 | +€22,894 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.