XPERTNET: 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.
XPERTNET
Largest movements
- Receivables within one year +€59,878
up €59,878 (+60.6%), from €98,804 to €158,682
of which Other amounts receivable: +€61,006
- Financial fixed assets +€50,000
up €50,000 (+2660.5%), from €1,879 to €51,879
- Tangible fixed assets +€7,635
up €7,635 (+58.3%), from €13,101 to €20,737
of which Furniture and vehicles: +€11,226
- Debts after one year +€77,024
up €77,024 (+57.3%), from €134,523 to €211,547
- Current portion of long-term debt +€19,457
up €19,457 (+29.5%), from €66,030 to €85,487
- Trade debts -€12,774
down €12,774 (-70.4%), from €18,153 to €5,379
- Reserves +€11,319
up €11,319 (+12.6%), from €89,550 to €100,869
- Tax, wage and social debts +€7,202
up €7,202 (+84.2%), from €8,556 to €15,758
- Gross operating margin +€28,171
up €28,171 (+326.8%), from €8,620 to €36,791
- Financial charges +€6,290
up €6,290 (+80.6%), from €7,808 to €14,098
- Financial income -€5,930
down €5,930 (-79.9%), from €7,425 to €1,496
- Taxes +€5,206
up €5,206 (+300.4%), from €1,733 to €6,939
- Depreciation +€3,124
up €3,124 (+76.4%), from €4,090 to €7,215
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 | €329,778 | €441,255 | +€111,477 | +33.8% |
| Fixed assets | 21/28 | €14,981 | €72,616 | +€57,635 | +384.7% |
| Tangible fixed assets | 22/27 | €13,101 | €20,737 | +€7,635 | +58.3% |
| Land and buildings | 22 | €10,539 | €7,665 | -€2,874 | -27.3% |
| Plant, machinery and equipment | 23 | €1,914 | €1,197 | -€717 | -37.5% |
| Furniture and vehicles | 24 | €648 | €11,874 | +€11,226 | +1732.5% |
| Financial fixed assets | 28 | €1,879 | €51,879 | +€50,000 | +2660.5% |
| Current assets | 29/58 | €314,797 | €368,639 | +€53,842 | +17.1% |
| Amounts receivable after more than one year | 29 | €121,000 | €121,000 | = | 0.0% |
| Other amounts receivable | 291 | €121,000 | €121,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,530 | €23,149 | -€3,381 | -12.7% |
| Stocks | 30/36 | €26,530 | €23,149 | -€3,381 | -12.7% |
| Amounts receivable within one year | 40/41 | €98,804 | €158,682 | +€59,878 | +60.6% |
| Trade receivables | 40 | €21,838 | €20,710 | -€1,128 | -5.2% |
| Other amounts receivable | 41 | €76,966 | €137,972 | +€61,006 | +79.3% |
| Cash at bank and in hand | 54/58 | €68,113 | €65,577 | -€2,537 | -3.7% |
| Deferred charges and accrued income | 490/1 | €350 | €232 | -€118 | -33.7% |
| Total equity and liabilities | 10/49 | €329,778 | €441,255 | +€111,477 | +33.8% |
| Equity | 10/15 | €97,597 | €107,069 | +€9,472 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,550 | €100,869 | +€11,319 | +12.6% |
| Distributable reserves | 133 | €89,550 | €100,869 | +€11,319 | +12.6% |
| Profit (loss) carried forward | 14 | €1,847 | - | -€1,847 | |
| Amounts payable | 17/49 | €232,181 | €334,186 | +€102,005 | +43.9% |
| Amounts payable after more than one year | 17 | €134,523 | €211,547 | +€77,024 | +57.3% |
| Financial debts | 170/4 | €134,523 | €211,547 | +€77,024 | +57.3% |
| Amounts payable within one year | 42/48 | €97,658 | €122,639 | +€24,982 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €66,030 | €85,487 | +€19,457 | +29.5% |
| Trade debts | 44 | €18,153 | €5,379 | -€12,774 | -70.4% |
| Suppliers | 440/4 | €18,153 | €5,379 | -€12,774 | -70.4% |
| Advances received on contracts in progress | 46 | €4,000 | €10,685 | +€6,685 | +167.1% |
| Taxes, remuneration and social security | 45 | €8,556 | €15,758 | +€7,202 | +84.2% |
| Taxes | 450/3 | €8,556 | €15,758 | +€7,202 | +84.2% |
| Other amounts payable | 47/48 | €919 | €5,330 | +€4,411 | +480.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,090 | €7,215 | +€3,124 | +76.4% |
| Other operating charges | 640/8 | €567 | €563 | -€4 | -0.8% |
| Gross operating margin | 9900 | €8,620 | €36,791 | +€28,171 | +326.8% |
| Operating profit (loss) | 9901 | €3,963 | €29,014 | +€25,051 | +632.1% |
| Financial income | 75/76B | €7,425 | €1,496 | -€5,930 | -79.9% |
| Recurring financial income | 75 | €7,425 | €1,496 | -€5,930 | -79.9% |
| Financial charges | 65/66B | €7,808 | €14,098 | +€6,290 | +80.6% |
| Recurring financial charges | 65 | €7,808 | €14,098 | +€6,290 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | €3,580 | €16,411 | +€12,831 | +358.4% |
| Income taxes | 67/77 | €1,733 | €6,939 | +€5,206 | +300.4% |
| Profit (loss) for the period | 9904 | €1,847 | €9,472 | +€7,625 | +412.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,847 | €9,472 | +€7,625 | +412.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.