VersusXRays: 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.
VersusXRays
Largest movements
- Cash +€127,193
up €127,193 (+32.7%), from €388,543 to €515,736
mainly Investment in fixed assets (net) (+€99,802) and Net result for the year (+€54,469)
- Financial fixed assets -€100,000
down €100,000 (-50.0%), from €200,050 to €100,050
- Tax, wage and social debts +€29,864
up €29,864 (+149.3%), from €20,000 to €49,864
of which Remuneration and social security: +€49,864
- Other debts +€7,301
up €7,301 (+36.7%), from €19,911 to €27,213
- Gross operating margin -€75,065
down €75,065 (-58.4%), from €128,595 to €53,530
- Turnover -€54,812
down €54,812 (-15.3%), from €357,184 to €302,371
- Staff costs -€29,096
down €29,096 (-90.3%), from €32,238 to €3,141
- Purchases and services +€21,100
up €21,100 (+9.2%), from €228,589 to €249,689
- Taxes -€16,943
no longer reported in 2025 (was €16,943)
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 | €608,978 | €638,754 | +€29,776 | +4.9% |
| Fixed assets | 21/28 | €213,704 | €111,234 | -€102,469 | -47.9% |
| Tangible fixed assets | 22/27 | €13,654 | €11,184 | -€2,469 | -18.1% |
| Land and buildings | 22 | €6,543 | €6,012 | -€531 | -8.1% |
| Plant, machinery and equipment | 23 | €6,022 | €4,543 | -€1,479 | -24.6% |
| Furniture and vehicles | 24 | €1,089 | €629 | -€460 | -42.2% |
| Financial fixed assets | 28 | €200,050 | €100,050 | -€100,000 | -50.0% |
| Current assets | 29/58 | €395,274 | €527,519 | +€132,245 | +33.5% |
| Amounts receivable within one year | 40/41 | €6,731 | €9,006 | +€2,275 | +33.8% |
| Trade receivables | 40 | - | €9,006 | +€9,006 | |
| Other amounts receivable | 41 | €6,731 | - | -€6,731 | |
| Cash at bank and in hand | 54/58 | €388,543 | €515,736 | +€127,193 | +32.7% |
| Deferred charges and accrued income | 490/1 | - | €2,777 | +€2,777 | |
| Total equity and liabilities | 10/49 | €608,978 | €638,754 | +€29,776 | +4.9% |
| Equity | 10/15 | €560,229 | €554,553 | -€5,677 | -1.0% |
| Contributions | 10/11 | €3,050 | €3,050 | = | 0.0% |
| Capital | 10 | €3,050 | €3,050 | = | 0.0% |
| Issued capital | 100 | €3,050 | €3,050 | = | 0.0% |
| Reserves | 13 | €155,525 | €149,848 | -€5,677 | -3.6% |
| Non-distributable reserves | 130/1 | €6,379 | €6,379 | = | 0.0% |
| Legal reserve | 130 | €6,379 | €6,379 | = | 0.0% |
| Distributable reserves | 133 | €149,145 | €143,469 | -€5,677 | -3.8% |
| Profit (loss) carried forward | 14 | €401,655 | €401,655 | = | 0.0% |
| Amounts payable | 17/49 | €48,748 | €84,201 | +€35,453 | +72.7% |
| Amounts payable within one year | 42/48 | €48,748 | €84,201 | +€35,453 | +72.7% |
| Trade debts | 44 | €8,837 | €7,124 | -€1,713 | -19.4% |
| Suppliers | 440/4 | €8,837 | €7,124 | -€1,713 | -19.4% |
| Taxes, remuneration and social security | 45 | €20,000 | €49,864 | +€29,864 | +149.3% |
| Taxes | 450/3 | €20,000 | - | -€20,000 | |
| Remuneration and social security | 454/9 | - | €49,864 | +€49,864 | |
| Other amounts payable | 47/48 | €19,911 | €27,213 | +€7,301 | +36.7% |
| Turnover | 70 | €357,184 | €302,371 | -€54,812 | -15.3% |
| Non-recurring operating income | 76A | - | €848 | +€848 | |
| Goods, raw materials, services and sundry goods | 60/61 | €228,589 | €249,689 | +€21,100 | +9.2% |
| Remuneration, social security and pensions | 62 | €32,238 | €3,141 | -€29,096 | -90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,679 | €2,667 | -€12 | -0.5% |
| Other operating charges | 640/8 | €815 | €842 | +€27 | +3.4% |
| Gross operating margin | 9900 | €128,595 | €53,530 | -€75,065 | -58.4% |
| Operating profit (loss) | 9901 | €92,863 | €46,879 | -€45,983 | -49.5% |
| Financial income | 75/76B | €3,560 | €9,011 | +€5,451 | +153.1% |
| Recurring financial income | 75 | €3,560 | €9,011 | +€5,451 | +153.1% |
| Financial charges | 65/66B | €5,144 | €1,422 | -€3,722 | -72.4% |
| Recurring financial charges | 65 | €5,144 | €1,422 | -€3,722 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €91,279 | €54,469 | -€36,810 | -40.3% |
| Income taxes | 67/77 | €16,943 | - | -€16,943 | |
| Profit (loss) for the period | 9904 | €74,336 | €54,469 | -€19,867 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,336 | €54,469 | -€19,867 | -26.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.