CROSSXOVER: 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.
CROSSXOVER
Largest movements
- Receivables within one year -€31,083
down €31,083 (-25.7%), from €120,744 to €89,660
of which Trade receivables: -€31,083
- Tangible fixed assets -€5,893
down €5,893 (-100.0%), from €5,893 to €0
- Cash +€1,651
new in 2024: €1,651
mainly Receivables within one year (+€31,083) and Tax, wage and social debts (+€7,630)
- Profit (loss) carried forward -€24,200
down €24,200 (-11.3%), from -€214,448 to -€238,649
- Trade debts -€20,133
down €20,133 (-37.3%), from €53,988 to €33,855
- Tax, wage and social debts +€7,630
up €7,630 (+50.0%), from €15,253 to €22,883
of which Taxes: +€7,183
- Other debts +€2,821
up €2,821 (+1.2%), from €233,299 to €236,120
- Short-term financial debts -€1,992
down €1,992 (-100.0%), from €1,992 to €0
- Write-downs -€76,251
down €76,251 (-100.0%), from €76,251 to €0
- Gross operating margin -€27,608
down €27,608 (-49.9%), from €55,285 to €27,677
- Staff costs +€5,682
up €5,682 (+16.9%), from €33,588 to €39,270
- Other operating charges -€1,635
down €1,635 (-40.2%), from €4,072 to €2,436
- Financial income -€586
down €586 (-100.0%), from €586 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,685 | €122,810 | -€35,874 | -22.6% |
| Fixed assets | 21/28 | €5,893 | €0 | -€5,893 | -100.0% |
| Tangible fixed assets | 22/27 | €5,893 | €0 | -€5,893 | -100.0% |
| Furniture and vehicles | 24 | €5,893 | €0 | -€5,893 | -100.0% |
| Current assets | 29/58 | €152,791 | €122,810 | -€29,981 | -19.6% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €120,744 | €89,660 | -€31,083 | -25.7% |
| Trade receivables | 40 | €120,744 | €89,660 | -€31,083 | -25.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | - | €1,651 | +€1,651 | |
| Deferred charges and accrued income | 490/1 | €2,047 | €1,499 | -€549 | -26.8% |
| Total equity and liabilities | 10/49 | €158,685 | €122,810 | -€35,874 | -22.6% |
| Equity | 10/15 | -€195,848 | -€220,049 | -€24,200 | -12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,448 | -€238,649 | -€24,200 | -11.3% |
| Amounts payable | 17/49 | €354,533 | €342,859 | -€11,674 | -3.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €304,533 | €292,859 | -€11,674 | -3.8% |
| Financial debts | 43 | €1,992 | €0 | -€1,992 | -100.0% |
| Credit institutions | 430/8 | €1,992 | €0 | -€1,992 | -100.0% |
| Trade debts | 44 | €53,988 | €33,855 | -€20,133 | -37.3% |
| Suppliers | 440/4 | €53,988 | €33,855 | -€20,133 | -37.3% |
| Taxes, remuneration and social security | 45 | €15,253 | €22,883 | +€7,630 | +50.0% |
| Taxes | 450/3 | €11,744 | €18,928 | +€7,183 | +61.2% |
| Remuneration and social security | 454/9 | €3,509 | €3,956 | +€447 | +12.7% |
| Other amounts payable | 47/48 | €233,299 | €236,120 | +€2,821 | +1.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,134 | €0 | -€3,134 | -100.0% |
| Remuneration, social security and pensions | 62 | €33,588 | €39,270 | +€5,682 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,893 | €5,893 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €76,251 | €0 | -€76,251 | -100.0% |
| Other operating charges | 640/8 | €4,072 | €2,436 | -€1,635 | -40.2% |
| Gross operating margin | 9900 | €55,285 | €27,677 | -€27,608 | -49.9% |
| Operating profit (loss) | 9901 | -€64,519 | -€19,923 | +€44,596 | +69.1% |
| Financial income | 75/76B | €586 | €0 | -€586 | -100.0% |
| Recurring financial income | 75 | €586 | €0 | -€586 | -100.0% |
| Financial charges | 65/66B | €4,054 | €4,028 | -€26 | -0.6% |
| Recurring financial charges | 65 | €4,054 | €4,028 | -€26 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€67,987 | -€23,951 | +€44,037 | +64.8% |
| Income taxes | 67/77 | €168 | €250 | +€81 | +48.4% |
| Profit (loss) for the period | 9904 | -€68,156 | -€24,200 | +€43,955 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,156 | -€24,200 | +€43,955 | +64.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.