Embassy X: 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.
Embassy X
Largest movements
- Receivables within one year -€2,646
down €2,646 (-80.4%), from €3,289 to €643
- Cash +€757
up €757 (+18.5%), from €4,103 to €4,861
mainly Other debts (+€24,289) and Receivables within one year (+€2,646)
- Deferred charges and accrued income +€103
new in 2025: €103
- Profit (loss) carried forward -€25,915
down €25,915 (-6.2%), from -€416,338 to -€442,253
- Other debts +€24,289
up €24,289 (+6.9%), from €353,737 to €378,026
- Tax, wage and social debts -€298
no longer reported in 2025 (was €298)
- Trade debts +€137
up €137 (+1.8%), from €7,696 to €7,834
- Financial charges -€1,532
down €1,532 (-8.1%), from €18,960 to €17,428
- Other operating charges -€737
down €737 (-52.0%), from €1,417 to €680
- Depreciation -€152
no longer reported in 2025 (was €152)
- Gross operating margin +€134
up €134 (+1.7%), from -€7,942 to -€7,807
- Purchases and services -€134
down €134 (-1.7%), from €7,942 to €7,807
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 | €7,393 | €5,607 | -€1,786 | -24.2% |
| Current assets | 29/58 | €7,393 | €5,607 | -€1,786 | -24.2% |
| Amounts receivable within one year | 40/41 | €3,289 | €643 | -€2,646 | -80.4% |
| Other amounts receivable | 41 | €3,289 | €643 | -€2,646 | -80.4% |
| Cash at bank and in hand | 54/58 | €4,103 | €4,861 | +€757 | +18.5% |
| Deferred charges and accrued income | 490/1 | - | €103 | +€103 | |
| Total equity and liabilities | 10/49 | €7,393 | €5,607 | -€1,786 | -24.2% |
| Equity | 10/15 | -€354,338 | -€380,253 | -€25,915 | -7.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€416,338 | -€442,253 | -€25,915 | -6.2% |
| Amounts payable | 17/49 | €361,731 | €385,860 | +€24,129 | +6.7% |
| Amounts payable within one year | 42/48 | €361,731 | €385,860 | +€24,129 | +6.7% |
| Trade debts | 44 | €7,696 | €7,834 | +€137 | +1.8% |
| Suppliers | 440/4 | €7,696 | €7,834 | +€137 | +1.8% |
| Taxes, remuneration and social security | 45 | €298 | - | -€298 | |
| Taxes | 450/3 | €298 | - | -€298 | |
| Other amounts payable | 47/48 | €353,737 | €378,026 | +€24,289 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,942 | €7,807 | -€134 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | - | -€152 | |
| Other operating charges | 640/8 | €1,417 | €680 | -€737 | -52.0% |
| Gross operating margin | 9900 | -€7,942 | -€7,807 | +€134 | +1.7% |
| Operating profit (loss) | 9901 | -€9,511 | -€8,487 | +€1,024 | +10.8% |
| Financial charges | 65/66B | €18,960 | €17,428 | -€1,532 | -8.1% |
| Recurring financial charges | 65 | €18,960 | €17,428 | -€1,532 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,471 | -€25,915 | +€2,556 | +9.0% |
| Profit (loss) for the period | 9904 | -€28,471 | -€25,915 | +€2,556 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,471 | -€25,915 | +€2,556 | +9.0% |
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 12 October 2026 via checked.be.