THE XSS RAT: what changed
THE XSS RAT
Largest movements
- Receivables within one year +€102,936
up €102,936 (+62.9%), from €163,614 to €266,550
of which Other amounts receivable: +€60,628
- Cash +€4,960
up €4,960 (+4,234%), from €117 to €5,077
mainly Net result for the year (+€40,648) and Tax, wage and social debts (+€38,821)
- Reserves +€40,648
up €40,648 (+55.4%), from €73,314 to €113,962
- Tax, wage and social debts +€38,821
up €38,821 (+114%), from €34,021 to €72,842
- Trade debts +€26,784
up €26,784 (+124%), from €21,685 to €48,469
- Gross operating margin -€41,071
down €41,071 (-45.0%), from €91,212 to €50,141
- Taxes -€8,132
down €8,132 (-43.9%), from €18,517 to €10,385
- Financial income +€2,661
up €2,661 (+57.1%), from €4,664 to €7,325
- Financial charges +€2,040
up €2,040 (+64.3%), from €3,171 to €5,211
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,815 | €274,067 | +€106,252 | +63.3% |
| Fixed assets | 21/28 | €2,885 | €1,853 | -€1,032 | -35.8% |
| Tangible fixed assets | 22/27 | €2,885 | €1,853 | -€1,032 | -35.8% |
| Plant, machinery and equipment | 23 | €2,885 | €1,853 | -€1,032 | -35.8% |
| Current assets | 29/58 | €164,930 | €272,214 | +€107,283 | +65.0% |
| Amounts receivable within one year | 40/41 | €163,614 | €266,550 | +€102,936 | +62.9% |
| Trade receivables | 40 | €73,066 | €115,373 | +€42,307 | +57.9% |
| Other amounts receivable | 41 | €90,548 | €151,177 | +€60,628 | +67.0% |
| Cash at bank and in hand | 54/58 | €117 | €5,077 | +€4,960 | +4,234% |
| Deferred charges and accrued income | 490/1 | €1,199 | €587 | -€612 | -51.1% |
| Total equity and liabilities | 10/49 | €167,815 | €274,067 | +€106,252 | +63.3% |
| Equity | 10/15 | €78,314 | €118,962 | +€40,648 | +51.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €73,314 | €113,962 | +€40,648 | +55.4% |
| Distributable reserves | 133 | €73,314 | €113,962 | +€40,648 | +55.4% |
| Amounts payable | 17/49 | €89,501 | €155,105 | +€65,604 | +73.3% |
| Amounts payable within one year | 42/48 | €89,501 | €155,105 | +€65,604 | +73.3% |
| Trade debts | 44 | €21,685 | €48,469 | +€26,784 | +124% |
| Suppliers | 440/4 | €21,685 | €48,469 | +€26,784 | +124% |
| Advances received on contracts in progress | 46 | €33,794 | €33,794 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,021 | €72,842 | +€38,821 | +114% |
| Taxes | 450/3 | €34,021 | €72,842 | +€38,821 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €1,032 | +€821 | +390% |
| Other operating charges | 640/8 | €663 | €191 | -€472 | -71.3% |
| Gross operating margin | 9900 | €91,212 | €50,141 | -€41,071 | -45.0% |
| Operating profit (loss) | 9901 | €90,339 | €48,919 | -€41,420 | -45.8% |
| Financial income | 75/76B | €4,664 | €7,325 | +€2,661 | +57.1% |
| Recurring financial income | 75 | €4,664 | €7,325 | +€2,661 | +57.1% |
| Financial charges | 65/66B | €3,171 | €5,211 | +€2,040 | +64.3% |
| Recurring financial charges | 65 | €3,171 | €5,211 | +€2,040 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €91,831 | €51,032 | -€40,798 | -44.4% |
| Income taxes | 67/77 | €18,517 | €10,385 | -€8,132 | -43.9% |
| Profit (loss) for the period | 9904 | €73,314 | €40,648 | -€32,667 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,314 | €40,648 | -€32,667 | -44.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.