THE EXPERTS 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 EXPERTS GROUP
Largest movements
- Receivables within one year +€705,467
up €705,467 (+635%), from €111,080 to €816,547
of which Other amounts receivable: +€699,876
- Cash +€486,955
up €486,955 (+83.6%), from €582,674 to €1.1m
mainly Net result for the year (+€1.9m)
- Current investments +€350,000
up €350,000 (+41.2%), from €850,000 to €1.2m
- Profit (loss) carried forward +€1.8m
up €1.8m (+103%), from €1.7m to €3.5m
- Other debts -€344,712
down €344,712 (-88.5%), from €389,712 to €45,000
- Reserves +€99,724
up €99,724 (+103%), from €97,126 to €196,850
of which Distributable reserves: +€99,724
- Financial income +€1.4m
up €1.4m (+298%), from €486,605 to €1.9m
- Gross operating margin +€4,475
up €4,475 (+16.9%), from -€26,533 to -€22,058
- Taxes +€3,586
up €3,586 (+35.9%), from €9,981 to €13,567
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.
Derived cash bridge
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 | €2,266,762 | €3,813,543 | +€1.5m | +68.2% |
| Fixed assets | 21/28 | €711,700 | €711,700 | = | 0.0% |
| Tangible fixed assets | 22/27 | €16,225 | €16,225 | = | 0.0% |
| Furniture and vehicles | 24 | €16,225 | €16,225 | = | 0.0% |
| Financial fixed assets | 28 | €695,475 | €695,475 | = | 0.0% |
| Current assets | 29/58 | €1,555,062 | €3,101,843 | +€1.5m | +99.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €111,080 | €816,547 | +€705,467 | +635% |
| Trade receivables | 40 | €19,747 | €25,337 | +€5,590 | +28.3% |
| Other amounts receivable | 41 | €91,333 | €791,209 | +€699,876 | +766% |
| Current investments | 50/53 | €850,000 | €1,200,000 | +€350,000 | +41.2% |
| Cash at bank and in hand | 54/58 | €582,674 | €1,069,629 | +€486,955 | +83.6% |
| Deferred charges and accrued income | 490/1 | €11,309 | €15,668 | +€4,359 | +38.5% |
| Total equity and liabilities | 10/49 | €2,266,762 | €3,813,543 | +€1.5m | +68.2% |
| Equity | 10/15 | €1,855,400 | €3,751,469 | +€1.9m | +102% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,126 | €196,850 | +€99,724 | +103% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €97,126 | €196,850 | +€99,724 | +103% |
| Profit (loss) carried forward | 14 | €1,739,674 | €3,536,020 | +€1.8m | +103% |
| Amounts payable | 17/49 | €411,363 | €62,074 | -€349,288 | -84.9% |
| Amounts payable within one year | 42/48 | €408,254 | €57,665 | -€350,589 | -85.9% |
| Trade debts | 44 | €18,542 | €11,884 | -€6,657 | -35.9% |
| Suppliers | 440/4 | €18,542 | €11,884 | -€6,657 | -35.9% |
| Taxes, remuneration and social security | 45 | €0 | €780 | +€780 | |
| Taxes | 450/3 | €0 | €780 | +€780 | |
| Other amounts payable | 47/48 | €389,712 | €45,000 | -€344,712 | -88.5% |
| Accrued charges and deferred income | 492/3 | €3,109 | €4,410 | +€1,301 | +41.8% |
| Other operating charges | 640/8 | €2,548 | €2,428 | -€120 | -4.7% |
| Gross operating margin | 9900 | -€26,533 | -€22,058 | +€4,475 | +16.9% |
| Operating profit (loss) | 9901 | -€29,082 | -€24,486 | +€4,596 | +15.8% |
| Financial income | 75/76B | €486,605 | €1,934,277 | +€1.4m | +298% |
| Recurring financial income | 75 | €486,605 | €1,934,277 | +€1.4m | +298% |
| Financial charges | 65/66B | €100 | €154 | +€54 | +53.6% |
| Recurring financial charges | 65 | €100 | €154 | +€54 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €457,422 | €1,909,636 | +€1.5m | +317% |
| Income taxes | 67/77 | €9,981 | €13,567 | +€3,586 | +35.9% |
| Profit (loss) for the period | 9904 | €447,441 | €1,896,069 | +€1.4m | +324% |
| Profit (loss) for the period to be appropriated | 9905 | €447,441 | €1,896,069 | +€1.4m | +324% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.