Le XXème: 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.
Le XXème
Largest movements
- Deferred charges and accrued income -€7,022
down €7,022 (-58.1%), from €12,096 to €5,074
- Receivables within one year -€6,911
down €6,911 (-84.6%), from €8,171 to €1,260
of which Trade receivables: -€7,571
- Tangible fixed assets -€6,759
down €6,759 (-4.9%), from €138,477 to €131,718
of which Other tangible fixed assets: -€6,431
- Stocks and contracts -€2,914
no longer reported in 2024 (was €2,914)
- Debts after one year -€17,980
down €17,980 (-10.6%), from €170,012 to €152,033
of which Other amounts payable: -€11,285
- Trade debts -€7,852
down €7,852 (-66.6%), from €11,785 to €3,933
- Profit (loss) carried forward +€6,498
up €6,498 (+12.4%), from -€52,584 to -€46,086
- Current portion of long-term debt -€3,241
down €3,241 (-32.6%), from €9,937 to €6,695
- Gross operating margin +€3,028
up €3,028 (+16.1%), from €18,801 to €21,829
- Financial charges +€1,385
up €1,385 (+50.8%), from €2,724 to €4,109
- Depreciation -€828
down €828 (-8.0%), from €10,339 to €9,512
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.
Derived cash bridge
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 | €162,368 | €139,699 | -€22,669 | -14.0% |
| Fixed assets | 21/28 | €138,477 | €131,718 | -€6,759 | -4.9% |
| Tangible fixed assets | 22/27 | €138,477 | €131,718 | -€6,759 | -4.9% |
| Land and buildings | 22 | €85,748 | €83,914 | -€1,835 | -2.1% |
| Plant, machinery and equipment | 23 | €1,943 | €3,450 | +€1,507 | +77.6% |
| Other tangible fixed assets | 26 | €50,785 | €44,354 | -€6,431 | -12.7% |
| Current assets | 29/58 | €23,891 | €7,981 | -€15,910 | -66.6% |
| Stocks and contracts in progress | 3 | €2,914 | - | -€2,914 | |
| Stocks | 30/36 | €2,914 | - | -€2,914 | |
| Amounts receivable within one year | 40/41 | €8,171 | €1,260 | -€6,911 | -84.6% |
| Trade receivables | 40 | €8,171 | €600 | -€7,571 | -92.7% |
| Other amounts receivable | 41 | - | €660 | +€660 | |
| Cash at bank and in hand | 54/58 | €710 | €1,647 | +€937 | +132% |
| Deferred charges and accrued income | 490/1 | €12,096 | €5,074 | -€7,022 | -58.1% |
| Total equity and liabilities | 10/49 | €162,368 | €139,699 | -€22,669 | -14.0% |
| Equity | 10/15 | -€30,584 | -€24,086 | +€6,498 | +21.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,584 | -€46,086 | +€6,498 | +12.4% |
| Amounts payable | 17/49 | €192,951 | €163,784 | -€29,167 | -15.1% |
| Amounts payable after more than one year | 17 | €170,012 | €152,033 | -€17,980 | -10.6% |
| Financial debts | 170/4 | €66,635 | €59,940 | -€6,695 | -10.0% |
| Other amounts payable | 178/9 | €103,377 | €92,093 | -€11,285 | -10.9% |
| Amounts payable within one year | 42/48 | €22,939 | €11,752 | -€11,187 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | €9,937 | €6,695 | -€3,241 | -32.6% |
| Trade debts | 44 | €11,785 | €3,933 | -€7,852 | -66.6% |
| Suppliers | 440/4 | €11,785 | €3,933 | -€7,852 | -66.6% |
| Taxes, remuneration and social security | 45 | €181 | €1,124 | +€943 | +521% |
| Taxes | 450/3 | €181 | €1,124 | +€943 | +521% |
| Other amounts payable | 47/48 | €1,037 | - | -€1,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,339 | €9,512 | -€828 | -8.0% |
| Other operating charges | 640/8 | €1,787 | €1,876 | +€89 | +5.0% |
| Gross operating margin | 9900 | €18,801 | €21,829 | +€3,028 | +16.1% |
| Operating profit (loss) | 9901 | €6,674 | €10,441 | +€3,766 | +56.4% |
| Financial income | 75/76B | €14 | €166 | +€152 | +1,089% |
| Recurring financial income | 75 | €14 | €166 | +€152 | +1,089% |
| Financial charges | 65/66B | €2,724 | €4,109 | +€1,385 | +50.8% |
| Recurring financial charges | 65 | €2,724 | €4,109 | +€1,385 | +50.8% |
| Profit (loss) for the period before taxes | 9903 | €3,964 | €6,498 | +€2,534 | +63.9% |
| Profit (loss) for the period | 9904 | €3,964 | €6,498 | +€2,534 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,964 | €6,498 | +€2,534 | +63.9% |
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 23 October 2026 via checked.be.