X-PERTISE: 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.
X-PERTISE
Largest movements
- Cash +€39,882
up €39,882 (+84.6%), from €47,136 to €87,018
mainly Net result for the year (+€73,031) and Other debts (+€24,000)
- Receivables within one year +€37,401
up €37,401 (+752%), from €4,975 to €42,376
of which Trade receivables: +€40,520
- Reserves +€49,031
up €49,031 (+3.6%), from €1.4m to €1.4m
- Other debts +€24,000
new in 2025: €24,000
- Financial income +€83,000
up €83,000, from €0 to €83,000
- Other operating charges +€14,017
up €14,017 (+1,291%), from €1,086 to €15,102
- Gross operating margin +€6,823
up €6,823 (+120%), from €5,681 to €12,503
- Taxes +€6,173
up €6,173 (+546%), from €1,130 to €7,303
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 | €1,411,453 | €1,488,736 | +€77,283 | +5.5% |
| Fixed assets | 21/28 | €1,359,342 | €1,359,342 | = | 0.0% |
| Financial fixed assets | 28 | €1,359,342 | €1,359,342 | = | 0.0% |
| Current assets | 29/58 | €52,111 | €129,394 | +€77,283 | +148% |
| Amounts receivable within one year | 40/41 | €4,975 | €42,376 | +€37,401 | +752% |
| Trade receivables | 40 | €1,226 | €41,746 | +€40,520 | +3,304% |
| Other amounts receivable | 41 | €3,748 | €630 | -€3,118 | -83.2% |
| Cash at bank and in hand | 54/58 | €47,136 | €87,018 | +€39,882 | +84.6% |
| Total equity and liabilities | 10/49 | €1,411,453 | €1,488,736 | +€77,283 | +5.5% |
| Equity | 10/15 | €1,389,142 | €1,438,173 | +€49,031 | +3.5% |
| Contributions | 10/11 | €18,593 | €18,593 | = | 0.0% |
| Reserves | 13 | €1,370,549 | €1,419,580 | +€49,031 | +3.6% |
| Distributable reserves | 133 | €1,370,549 | €1,419,580 | +€49,031 | +3.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,311 | €50,563 | +€28,252 | +127% |
| Amounts payable within one year | 42/48 | €22,311 | €50,563 | +€28,252 | +127% |
| Trade debts | 44 | €10,826 | €20,919 | +€10,094 | +93.2% |
| Suppliers | 440/4 | €10,826 | €20,919 | +€10,094 | +93.2% |
| Taxes, remuneration and social security | 45 | €11,485 | €5,644 | -€5,841 | -50.9% |
| Taxes | 450/3 | €11,485 | €5,644 | -€5,841 | -50.9% |
| Other amounts payable | 47/48 | - | €24,000 | +€24,000 | |
| Other operating charges | 640/8 | €1,086 | €15,102 | +€14,017 | +1,291% |
| Gross operating margin | 9900 | €5,681 | €12,503 | +€6,823 | +120% |
| Operating profit (loss) | 9901 | €4,595 | -€2,599 | -€7,194 | |
| Financial income | 75/76B | €0 | €83,000 | +€83,000 | |
| Recurring financial income | 75 | €0 | €83,000 | +€83,000 | |
| Financial charges | 65/66B | €74 | €67 | -€7 | -9.2% |
| Recurring financial charges | 65 | €74 | €67 | -€7 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €4,522 | €80,334 | +€75,812 | +1,677% |
| Income taxes | 67/77 | €1,130 | €7,303 | +€6,173 | +546% |
| Profit (loss) for the period | 9904 | €3,391 | €73,031 | +€69,640 | +2,053% |
| Profit (loss) for the period to be appropriated | 9905 | €3,391 | €73,031 | +€69,640 | +2,053% |
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 18 October 2026 via checked.be.