The Experience Group: 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 Group
Largest movements
- Financial fixed assets +€80,500
new in 2025: €80,500
- Tangible fixed assets -€11,556
down €11,556 (-28.6%), from €40,341 to €28,785
of which Furniture and vehicles: -€8,550
- Cash +€4,057
up €4,057 (+43.1%), from €9,420 to €13,478
mainly Debts after one year (+€54,745) and Other debts (+€23,880)
- Debts after one year +€54,745
up €54,745 (+187.2%), from €29,243 to €83,989
- Other debts +€23,880
up €23,880 (+85.0%), from €28,081 to €51,961
- Profit (loss) carried forward -€16,027
down €16,027 (-630.4%), from -€2,542 to -€18,570
- Current portion of long-term debt +€7,617
up €7,617 (+99.7%), from €7,638 to €15,255
- Tax, wage and social debts -€5,951
down €5,951 (-85.3%), from €6,979 to €1,028
of which Taxes: -€3,951
- Gross operating margin -€12,735
down €12,735, from €8,561 to -€4,174
- Depreciation +€1,890
up €1,890 (+21.2%), from €8,932 to €10,822
- Other operating charges -€1,672
down €1,672 (-73.2%), from €2,286 to €613
- Taxes -€983
down €983 (-89.3%), from €1,100 to €117
- Financial income -€776
down €776 (-98.4%), from €788 to €13
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 | €72,956 | €146,218 | +€73,262 | +100.4% |
| Formation expenses | 20 | €7 | €0 | -€7 | -100.0% |
| Fixed assets | 21/28 | €40,341 | €109,285 | +€68,944 | +170.9% |
| Tangible fixed assets | 22/27 | €40,341 | €28,785 | -€11,556 | -28.6% |
| Plant, machinery and equipment | 23 | €5,452 | €2,445 | -€3,007 | -55.2% |
| Furniture and vehicles | 24 | €34,889 | €26,340 | -€8,550 | -24.5% |
| Financial fixed assets | 28 | - | €80,500 | +€80,500 | |
| Current assets | 29/58 | €32,608 | €36,933 | +€4,325 | +13.3% |
| Amounts receivable within one year | 40/41 | €22,196 | €21,449 | -€747 | -3.4% |
| Trade receivables | 40 | €21,680 | €20,408 | -€1,272 | -5.9% |
| Other amounts receivable | 41 | €516 | €1,041 | +€525 | +101.8% |
| Cash at bank and in hand | 54/58 | €9,420 | €13,478 | +€4,057 | +43.1% |
| Deferred charges and accrued income | 490/1 | €992 | €2,007 | +€1,015 | +102.3% |
| Total equity and liabilities | 10/49 | €72,956 | €146,218 | +€73,262 | +100.4% |
| Equity | 10/15 | €458 | -€15,570 | -€16,027 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,542 | -€18,570 | -€16,027 | -630.4% |
| Amounts payable | 17/49 | €72,498 | €161,788 | +€89,290 | +123.2% |
| Amounts payable after more than one year | 17 | €29,243 | €83,989 | +€54,745 | +187.2% |
| Financial debts | 170/4 | €29,243 | €83,989 | +€54,745 | +187.2% |
| Amounts payable within one year | 42/48 | €43,255 | €77,799 | +€34,544 | +79.9% |
| Current portion of amounts payable after more than one year | 42 | €7,638 | €15,255 | +€7,617 | +99.7% |
| Trade debts | 44 | €557 | €3,858 | +€3,301 | +592.8% |
| Suppliers | 440/4 | €557 | €3,858 | +€3,301 | +592.8% |
| Advances received on contracts in progress | 46 | - | €5,697 | +€5,697 | |
| Taxes, remuneration and social security | 45 | €6,979 | €1,028 | -€5,951 | -85.3% |
| Taxes | 450/3 | €4,979 | €1,028 | -€3,951 | -79.4% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €28,081 | €51,961 | +€23,880 | +85.0% |
| Non-recurring operating income | 76A | €195 | €2,323 | +€2,128 | +1090.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,932 | €10,822 | +€1,890 | +21.2% |
| Other operating charges | 640/8 | €2,286 | €613 | -€1,672 | -73.2% |
| Gross operating margin | 9900 | €8,561 | -€4,174 | -€12,735 | |
| Operating profit (loss) | 9901 | -€2,657 | -€15,609 | -€12,952 | -487.5% |
| Financial income | 75/76B | €788 | €13 | -€776 | -98.4% |
| Recurring financial income | 75 | €788 | €13 | -€776 | -98.4% |
| Financial charges | 65/66B | €594 | €1,340 | +€746 | +125.7% |
| Recurring financial charges | 65 | €594 | €1,340 | +€746 | +125.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,462 | -€16,937 | -€14,474 | -587.8% |
| Income taxes | 67/77 | €1,100 | €117 | -€983 | -89.3% |
| Profit (loss) for the period | 9904 | -€3,562 | -€17,054 | -€13,492 | -378.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,562 | -€17,054 | -€13,492 | -378.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.