Xpertvinum: 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.
Xpertvinum
Largest movements
- Stocks and contracts -€34,165
down €34,165 (-40.1%), from €85,291 to €51,127
- Cash +€22,693
up €22,693 (+157%), from €14,463 to €37,156
mainly Stocks and contracts (+€34,165) and Net result for the year (+€24,270)
- Receivables within one year +€15,909
up €15,909 (+45.4%), from €35,041 to €50,950
of which Trade receivables: +€15,813
- Profit (loss) carried forward +€24,270
up €24,270 (+34.0%), from -€71,403 to -€47,133
- Debts after one year -€10,498
down €10,498 (-93.6%), from €11,216 to €717
- Trade debts -€6,760
down €6,760 (-26.3%), from €25,699 to €18,939
- Current portion of long-term debt -€2,276
down €2,276 (-17.8%), from €12,798 to €10,522
- Staff costs -€26,725
down €26,725 (-84.5%), from €31,612 to €4,887
- Gross operating margin -€18,867
down €18,867 (-35.7%), from €52,834 to €33,967
- Financial charges -€3,548
down €3,548 (-57.3%), from €6,189 to €2,642
- Financial income +€714
up €714, from €0 to €714
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 | €138,060 | €144,009 | +€5,949 | +4.3% |
| Fixed assets | 21/28 | €3,266 | €4,434 | +€1,168 | +35.8% |
| Tangible fixed assets | 22/27 | €1,816 | €2,334 | +€518 | +28.6% |
| Plant, machinery and equipment | 23 | €1,643 | €1,042 | -€601 | -36.6% |
| Furniture and vehicles | 24 | €172 | €1,292 | +€1,120 | +650% |
| Financial fixed assets | 28 | €1,450 | €2,100 | +€650 | +44.8% |
| Current assets | 29/58 | €134,795 | €139,575 | +€4,780 | +3.5% |
| Stocks and contracts in progress | 3 | €85,291 | €51,127 | -€34,165 | -40.1% |
| Stocks | 30/36 | €85,291 | €51,127 | -€34,165 | -40.1% |
| Amounts receivable within one year | 40/41 | €35,041 | €50,950 | +€15,909 | +45.4% |
| Trade receivables | 40 | €35,041 | €50,854 | +€15,813 | +45.1% |
| Other amounts receivable | 41 | - | €97 | +€97 | |
| Cash at bank and in hand | 54/58 | €14,463 | €37,156 | +€22,693 | +157% |
| Deferred charges and accrued income | 490/1 | - | €342 | +€342 | |
| Total equity and liabilities | 10/49 | €138,060 | €144,009 | +€5,949 | +4.3% |
| Equity | 10/15 | €53,206 | €77,476 | +€24,270 | +45.6% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €4,609 | €4,609 | = | 0.0% |
| Distributable reserves | 133 | €4,609 | €4,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,403 | -€47,133 | +€24,270 | +34.0% |
| Amounts payable | 17/49 | €84,854 | €66,533 | -€18,321 | -21.6% |
| Amounts payable after more than one year | 17 | €11,216 | €717 | -€10,498 | -93.6% |
| Financial debts | 170/4 | €11,216 | €717 | -€10,498 | -93.6% |
| Amounts payable within one year | 42/48 | €73,638 | €65,816 | -€7,823 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €12,798 | €10,522 | -€2,276 | -17.8% |
| Financial debts | 43 | - | €329 | +€329 | |
| Credit institutions | 430/8 | - | €329 | +€329 | |
| Trade debts | 44 | €25,699 | €18,939 | -€6,760 | -26.3% |
| Suppliers | 440/4 | €25,699 | €18,939 | -€6,760 | -26.3% |
| Taxes, remuneration and social security | 45 | €15,142 | €15,677 | +€535 | +3.5% |
| Taxes | 450/3 | €14,553 | €14,954 | +€400 | +2.8% |
| Remuneration and social security | 454/9 | €588 | €723 | +€135 | +22.9% |
| Other amounts payable | 47/48 | €20,000 | €20,349 | +€349 | +1.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €31,612 | €4,887 | -€26,725 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,545 | €1,042 | -€503 | -32.6% |
| Other operating charges | 640/8 | €1,649 | €1,840 | +€192 | +11.6% |
| Non-recurring operating charges | 66A | €12,912 | €0 | -€12,912 | -100% |
| Gross operating margin | 9900 | €52,834 | €33,967 | -€18,867 | -35.7% |
| Operating profit (loss) | 9901 | €5,116 | €26,197 | +€21,081 | +412% |
| Financial income | 75/76B | €0 | €714 | +€714 | |
| Recurring financial income | 75 | €0 | €714 | +€714 | |
| Financial charges | 65/66B | €6,189 | €2,642 | -€3,548 | -57.3% |
| Recurring financial charges | 65 | €6,189 | €2,642 | -€3,548 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,073 | €24,270 | +€25,343 | |
| Profit (loss) for the period | 9904 | -€1,073 | €24,270 | +€25,343 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,073 | €24,270 | +€25,343 |
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.