IXT: 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.
IXT
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+50000.0%), from €500 to €250,500
- Intangible fixed assets -€189,771
down €189,771 (-18.2%), from €1.0m to €850,271
- Cash +€171,838
up €171,838 (+23.1%), from €743,935 to €915,773
mainly Net result for the year (+€434,487) and Depreciation (+€301,094)
- Receivables within one year +€73,489
up €73,489 (+11.5%), from €638,290 to €711,779
of which Trade receivables: +€76,401
- Stocks and contracts +€72,500
up €72,500 (+131.8%), from €55,000 to €127,500
- Other debts +€242,500
new in 2025: €242,500
- Debts after one year -€184,587
down €184,587 (-16.1%), from €1.1m to €958,499
- Reserves +€184,487
up €184,487 (+32.4%), from €569,876 to €754,363
of which Distributable reserves: +€184,487
- Tax, wage and social debts +€177,288
up €177,288 (+68.2%), from €260,111 to €437,400
of which Taxes: +€165,148
- Staff costs +€198,625
up €198,625 (+20.3%), from €978,932 to €1.2m
- Gross operating margin -€132,489
down €132,489 (-5.9%), from €2.2m to €2.1m
- Depreciation -€101,987
down €101,987 (-25.3%), from €403,081 to €301,094
- Taxes -€40,965
down €40,965 (-20.4%), from €200,491 to €159,526
- Financial charges -€33,822
down €33,822 (-43.9%), from €77,000 to €43,178
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 | €2,804,222 | €3,201,286 | +€397,064 | +14.2% |
| Formation expenses | 20 | €391 | €0 | -€391 | -100.0% |
| Fixed assets | 21/28 | €1,345,420 | €1,407,628 | +€62,208 | +4.6% |
| Intangible fixed assets | 21 | €1,040,043 | €850,271 | -€189,771 | -18.2% |
| Tangible fixed assets | 22/27 | €304,877 | €306,856 | +€1,979 | +0.6% |
| Plant, machinery and equipment | 23 | €299 | €3,738 | +€3,439 | +1148.2% |
| Furniture and vehicles | 24 | €262,175 | €203,504 | -€58,671 | -22.4% |
| Other tangible fixed assets | 26 | €42,403 | €99,614 | +€57,211 | +134.9% |
| Financial fixed assets | 28 | €500 | €250,500 | +€250,000 | +50000.0% |
| Current assets | 29/58 | €1,458,412 | €1,793,658 | +€335,247 | +23.0% |
| Stocks and contracts in progress | 3 | €55,000 | €127,500 | +€72,500 | +131.8% |
| Stocks | 30/36 | €55,000 | €127,500 | +€72,500 | +131.8% |
| Amounts receivable within one year | 40/41 | €638,290 | €711,779 | +€73,489 | +11.5% |
| Trade receivables | 40 | €635,378 | €711,779 | +€76,401 | +12.0% |
| Other amounts receivable | 41 | €2,911 | €0 | -€2,911 | -100.0% |
| Cash at bank and in hand | 54/58 | €743,935 | €915,773 | +€171,838 | +23.1% |
| Deferred charges and accrued income | 490/1 | €21,187 | €38,607 | +€17,420 | +82.2% |
| Total equity and liabilities | 10/49 | €2,804,222 | €3,201,286 | +€397,064 | +14.2% |
| Equity | 10/15 | €1,016,553 | €1,201,040 | +€184,487 | +18.1% |
| Contributions | 10/11 | €446,677 | €446,677 | = | 0.0% |
| Capital | 10 | €446,677 | €446,677 | = | 0.0% |
| Issued capital | 100 | €446,677 | €446,677 | = | 0.0% |
| Reserves | 13 | €569,876 | €754,363 | +€184,487 | +32.4% |
| Non-distributable reserves | 130/1 | €44,668 | €44,668 | = | 0.0% |
| Legal reserve | 130 | €44,668 | €44,668 | = | 0.0% |
| Distributable reserves | 133 | €525,209 | €709,696 | +€184,487 | +35.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,787,669 | €2,000,246 | +€212,577 | +11.9% |
| Amounts payable after more than one year | 17 | €1,143,087 | €958,499 | -€184,587 | -16.1% |
| Financial debts | 170/4 | €1,143,087 | €958,499 | -€184,587 | -16.1% |
| Amounts payable within one year | 42/48 | €589,036 | €1,006,690 | +€417,654 | +70.9% |
| Current portion of amounts payable after more than one year | 42 | €44,072 | €46,192 | +€2,120 | +4.8% |
| Trade debts | 44 | €284,853 | €280,598 | -€4,255 | -1.5% |
| Suppliers | 440/4 | €284,853 | €280,598 | -€4,255 | -1.5% |
| Taxes, remuneration and social security | 45 | €260,111 | €437,400 | +€177,288 | +68.2% |
| Taxes | 450/3 | €169,845 | €334,993 | +€165,148 | +97.2% |
| Remuneration and social security | 454/9 | €90,266 | €102,407 | +€12,141 | +13.4% |
| Other amounts payable | 47/48 | - | €242,500 | +€242,500 | |
| Accrued charges and deferred income | 492/3 | €55,547 | €35,057 | -€20,490 | -36.9% |
| Remuneration, social security and pensions | 62 | €978,932 | €1,177,557 | +€198,625 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403,081 | €301,094 | -€101,987 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,764 | €0 | -€13,764 | -100.0% |
| Other operating charges | 640/8 | €1,243 | €994 | -€249 | -20.1% |
| Gross operating margin | 9900 | €2,233,994 | €2,101,505 | -€132,489 | -5.9% |
| Operating profit (loss) | 9901 | €836,974 | €621,860 | -€215,114 | -25.7% |
| Financial income | 75/76B | €10,394 | €15,331 | +€4,937 | +47.5% |
| Recurring financial income | 75 | €10,394 | €15,331 | +€4,937 | +47.5% |
| Financial charges | 65/66B | €77,000 | €43,178 | -€33,822 | -43.9% |
| Recurring financial charges | 65 | €77,000 | €43,178 | -€33,822 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €770,367 | €594,013 | -€176,354 | -22.9% |
| Income taxes | 67/77 | €200,491 | €159,526 | -€40,965 | -20.4% |
| Profit (loss) for the period | 9904 | €569,876 | €434,487 | -€135,389 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €569,876 | €434,487 | -€135,389 | -23.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.