THE EXPERIENCE & CO: 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.
THE EXPERIENCE & CO
Largest movements
- Receivables within one year +€19,957
up €19,957 (+582.3%), from €3,428 to €23,385
of which Other amounts receivable: +€11,733
- Tangible fixed assets -€8,217
down €8,217 (-22.1%), from €37,251 to €29,034
of which Plant, machinery and equipment: -€5,268
- Stocks and contracts +€3,204
up €3,204 (+28.3%), from €11,304 to €14,508
- Cash +€2,328
up €2,328 (+25.0%), from €9,294 to €11,622
mainly Net result for the year (+€17,952) and Depreciation (+€11,717)
- Profit (loss) carried forward +€17,952
up €17,952, from -€10,916 to €7,036
- Trade debts +€9,940
up €9,940 (+49.3%), from €20,142 to €30,081
- Debts after one year -€7,208
down €7,208 (-79.2%), from €9,099 to €1,891
- Tax, wage and social debts -€5,174
down €5,174 (-31.1%), from €16,614 to €11,440
of which Remuneration and social security: -€4,272
- Current portion of long-term debt +€3,081
up €3,081 (+23.4%), from €13,171 to €16,252
- Purchases and services -€134,171
down €134,171 (-40.9%), from €327,654 to €193,483
- Staff costs -€41,664
down €41,664 (-46.9%), from €88,785 to €47,120
- Gross operating margin -€33,076
down €33,076 (-30.4%), from €108,654 to €75,578
- Turnover +€11,610
up €11,610 (+2.8%), from €419,470 to €431,079
- Financial income +€7,065
up €7,065 (+457.6%), from €1,544 to €8,609
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.
Cash bridge derived
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 | €68,033 | €85,305 | +€17,272 | +25.4% |
| Fixed assets | 21/28 | €44,007 | €35,790 | -€8,217 | -18.7% |
| Tangible fixed assets | 22/27 | €37,251 | €29,034 | -€8,217 | -22.1% |
| Plant, machinery and equipment | 23 | €28,513 | €23,245 | -€5,268 | -18.5% |
| Furniture and vehicles | 24 | €8,737 | €5,789 | -€2,949 | -33.7% |
| Financial fixed assets | 28 | €6,756 | €6,756 | = | 0.0% |
| Current assets | 29/58 | €24,026 | €49,515 | +€25,489 | +106.1% |
| Stocks and contracts in progress | 3 | €11,304 | €14,508 | +€3,204 | +28.3% |
| Stocks | 30/36 | €11,304 | €14,508 | +€3,204 | +28.3% |
| Amounts receivable within one year | 40/41 | €3,428 | €23,385 | +€19,957 | +582.3% |
| Trade receivables | 40 | - | €8,224 | +€8,224 | |
| Other amounts receivable | 41 | €3,428 | €15,161 | +€11,733 | +342.3% |
| Cash at bank and in hand | 54/58 | €9,294 | €11,622 | +€2,328 | +25.0% |
| Total equity and liabilities | 10/49 | €68,033 | €85,305 | +€17,272 | +25.4% |
| Equity | 10/15 | €7,689 | €25,641 | +€17,952 | +233.5% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €6,405 | €6,405 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,405 | €6,405 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,405 | €6,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,916 | €7,036 | +€17,952 | |
| Amounts payable | 17/49 | €60,344 | €59,664 | -€680 | -1.1% |
| Amounts payable after more than one year | 17 | €9,099 | €1,891 | -€7,208 | -79.2% |
| Financial debts | 170/4 | €9,099 | €1,891 | -€7,208 | -79.2% |
| Amounts payable within one year | 42/48 | €49,927 | €57,772 | +€7,846 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €13,171 | €16,252 | +€3,081 | +23.4% |
| Trade debts | 44 | €20,142 | €30,081 | +€9,940 | +49.3% |
| Suppliers | 440/4 | €20,142 | €30,081 | +€9,940 | +49.3% |
| Taxes, remuneration and social security | 45 | €16,614 | €11,440 | -€5,174 | -31.1% |
| Taxes | 450/3 | €5,589 | €4,687 | -€902 | -16.1% |
| Remuneration and social security | 454/9 | €11,025 | €6,753 | -€4,272 | -38.7% |
| Accrued charges and deferred income | 492/3 | €1,319 | - | -€1,319 | |
| Turnover | 70 | €419,470 | €431,079 | +€11,610 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €327,654 | €193,483 | -€134,171 | -40.9% |
| Remuneration, social security and pensions | 62 | €88,785 | €47,120 | -€41,664 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,588 | €11,717 | +€129 | +1.1% |
| Other operating charges | 640/8 | €1,768 | €1,915 | +€147 | +8.3% |
| Gross operating margin | 9900 | €108,654 | €75,578 | -€33,076 | -30.4% |
| Operating profit (loss) | 9901 | €6,513 | €14,825 | +€8,312 | +127.6% |
| Financial income | 75/76B | €1,544 | €8,609 | +€7,065 | +457.6% |
| Recurring financial income | 75 | €1,544 | €8,609 | +€7,065 | +457.6% |
| Financial charges | 65/66B | €4,804 | €4,257 | -€547 | -11.4% |
| Recurring financial charges | 65 | €4,804 | €4,257 | -€547 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €3,252 | €19,176 | +€15,924 | +489.6% |
| Income taxes | 67/77 | €1,822 | €1,224 | -€599 | -32.8% |
| Profit (loss) for the period | 9904 | €1,430 | €17,952 | +€16,522 | +1155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,430 | €17,952 | +€16,522 | +1155.4% |
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 12 October 2026 via checked.be.