VILLA-EXPERTS: 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.
VILLA-EXPERTS
Largest movements
- Intangible fixed assets -€2,000
down €2,000 (-14.3%), from €14,000 to €12,000
- Profit (loss) carried forward -€3,610
down €3,610 (-19.3%), from -€18,699 to -€22,309
- Trade debts +€1,554
new in 2025: €1,554
- Gross operating margin +€1,485
up €1,485 (+48.9%), from -€3,039 to -€1,554
- Other operating charges -€502
no longer reported in 2025 (was €502)
- Financial charges -€115
down €115 (-67.3%), from €171 to €56
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 | €14,727 | €12,726 | -€2,001 | -13.6% |
| Fixed assets | 21/28 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Intangible fixed assets | 21 | €14,000 | €12,000 | -€2,000 | -14.3% |
| Current assets | 29/58 | €727 | €726 | -€1 | -0.1% |
| Amounts receivable within one year | 40/41 | €726 | €726 | = | 0.0% |
| Other amounts receivable | 41 | €726 | €726 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1 | - | -€1 | |
| Total equity and liabilities | 10/49 | €14,727 | €12,726 | -€2,001 | -13.6% |
| Equity | 10/15 | -€18,699 | -€22,309 | -€3,610 | -19.3% |
| Profit (loss) carried forward | 14 | -€18,699 | -€22,309 | -€3,610 | -19.3% |
| Amounts payable | 17/49 | €33,426 | €35,035 | +€1,609 | +4.8% |
| Amounts payable within one year | 42/48 | €33,426 | €35,035 | +€1,609 | +4.8% |
| Trade debts | 44 | - | €1,554 | +€1,554 | |
| Suppliers | 440/4 | - | €1,554 | +€1,554 | |
| Other amounts payable | 47/48 | €33,426 | €33,481 | +€55 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €502 | - | -€502 | |
| Gross operating margin | 9900 | -€3,039 | -€1,554 | +€1,485 | +48.9% |
| Operating profit (loss) | 9901 | -€5,542 | -€3,554 | +€1,988 | +35.9% |
| Financial charges | 65/66B | €171 | €56 | -€115 | -67.3% |
| Recurring financial charges | 65 | €171 | €56 | -€115 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,713 | -€3,610 | +€2,103 | +36.8% |
| Profit (loss) for the period | 9904 | -€5,713 | -€3,610 | +€2,103 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,713 | -€3,610 | +€2,103 | +36.8% |
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 6 October 2026 via checked.be.