ND XTECH: 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.
ND XTECH
Largest movements
- Cash +€54,413
up €54,413 (+204.5%), from €26,603 to €81,016
mainly Net result for the year (+€53,152) and Advances received (+€17,951)
- Tangible fixed assets +€13,371
up €13,371 (+565.6%), from €2,364 to €15,735
of which Other tangible fixed assets: +€13,941
- Profit (loss) carried forward +€53,152
up €53,152 (+159.8%), from €33,267 to €86,419
- Advances received +€17,951
new in 2025: €17,951
- Other debts -€13,830
down €13,830 (-92.4%), from €14,974 to €1,143
- Debts after one year +€10,309
new in 2025: €10,309
- Tax, wage and social debts -€3,794
down €3,794 (-57.8%), from €6,564 to €2,770
- Gross operating margin +€21,103
up €21,103 (+40.5%), from €52,117 to €73,221
- Taxes +€3,813
up €3,813 (+37.2%), from €10,253 to €14,066
- Depreciation +€1,960
up €1,960 (+403.5%), from €486 to €2,446
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 | €58,408 | €126,275 | +€67,867 | +116.2% |
| Fixed assets | 21/28 | €2,364 | €15,735 | +€13,371 | +565.6% |
| Tangible fixed assets | 22/27 | €2,364 | €15,735 | +€13,371 | +565.6% |
| Plant, machinery and equipment | 23 | €2,364 | €1,794 | -€570 | -24.1% |
| Other tangible fixed assets | 26 | - | €13,941 | +€13,941 | |
| Current assets | 29/58 | €56,044 | €110,540 | +€54,495 | +97.2% |
| Amounts receivable within one year | 40/41 | €29,348 | €28,348 | -€1,000 | -3.4% |
| Trade receivables | 40 | €29,348 | €28,348 | -€1,000 | -3.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €26,603 | €81,016 | +€54,413 | +204.5% |
| Deferred charges and accrued income | 490/1 | €94 | €1,176 | +€1,082 | +1156.4% |
| Total equity and liabilities | 10/49 | €58,408 | €126,275 | +€67,867 | +116.2% |
| Equity | 10/15 | €36,767 | €89,919 | +€53,152 | +144.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,267 | €86,419 | +€53,152 | +159.8% |
| Amounts payable | 17/49 | €21,642 | €36,356 | +€14,715 | +68.0% |
| Amounts payable after more than one year | 17 | - | €10,309 | +€10,309 | |
| Financial debts | 170/4 | - | €10,309 | +€10,309 | |
| Amounts payable within one year | 42/48 | €21,540 | €26,047 | +€4,507 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,545 | +€3,545 | |
| Trade debts | 44 | €2 | €637 | +€635 | +28994.1% |
| Suppliers | 440/4 | €2 | €637 | +€635 | +28994.1% |
| Advances received on contracts in progress | 46 | - | €17,951 | +€17,951 | |
| Taxes, remuneration and social security | 45 | €6,564 | €2,770 | -€3,794 | -57.8% |
| Taxes | 450/3 | €6,564 | €2,770 | -€3,794 | -57.8% |
| Other amounts payable | 47/48 | €14,974 | €1,143 | -€13,830 | -92.4% |
| Accrued charges and deferred income | 492/3 | €102 | €0 | -€102 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €486 | €2,446 | +€1,960 | +403.5% |
| Other operating charges | 640/8 | €146 | €106 | -€40 | -27.3% |
| Gross operating margin | 9900 | €52,117 | €73,221 | +€21,103 | +40.5% |
| Operating profit (loss) | 9901 | €51,486 | €70,668 | +€19,183 | +37.3% |
| Financial charges | 65/66B | €2,829 | €3,450 | +€621 | +21.9% |
| Recurring financial charges | 65 | €2,829 | €3,450 | +€621 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €48,656 | €67,218 | +€18,562 | +38.1% |
| Income taxes | 67/77 | €10,253 | €14,066 | +€3,813 | +37.2% |
| Profit (loss) for the period | 9904 | €38,404 | €53,152 | +€14,748 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,404 | €53,152 | +€14,748 | +38.4% |
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 8 October 2026 via checked.be.