X FRIENDS: 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.
X FRIENDS
Largest movements
- Cash -€4,797
down €4,797 (-37.4%), from €12,836 to €8,039
mainly Other debts (-€4,517) and Investment in fixed assets (net) (-€743)
- Tangible fixed assets +€495
new in 2025: €495
- Other debts -€4,517
down €4,517 (-24.5%), from €18,412 to €13,895
- Trade debts +€947
up €947 (+14.7%), from €6,439 to €7,386
- Profit (loss) carried forward -€706
down €706 (-3.8%), from -€18,488 to -€19,194
- Gross operating margin +€3,925
up €3,925 (+90.2%), from -€4,353 to -€428
- Depreciation +€248
new in 2025: €248
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.
Derived cash bridge
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 | €12,957 | €8,681 | -€4,276 | -33.0% |
| Fixed assets | 21/28 | - | €495 | +€495 | |
| Tangible fixed assets | 22/27 | - | €495 | +€495 | |
| Furniture and vehicles | 24 | - | €495 | +€495 | |
| Current assets | 29/58 | €12,957 | €8,186 | -€4,771 | -36.8% |
| Amounts receivable within one year | 40/41 | €121 | €147 | +€26 | +21.1% |
| Other amounts receivable | 41 | €121 | €147 | +€26 | +21.1% |
| Cash at bank and in hand | 54/58 | €12,836 | €8,039 | -€4,797 | -37.4% |
| Total equity and liabilities | 10/49 | €12,957 | €8,681 | -€4,276 | -33.0% |
| Equity | 10/15 | -€11,894 | -€12,599 | -€706 | -5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €394 | €394 | = | 0.0% |
| Non-distributable reserves | 130/1 | €394 | €394 | = | 0.0% |
| Reserves not available under the articles | 1311 | €394 | €394 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,488 | -€19,194 | -€706 | -3.8% |
| Amounts payable | 17/49 | €24,851 | €21,281 | -€3,570 | -14.4% |
| Amounts payable within one year | 42/48 | €24,851 | €21,281 | -€3,570 | -14.4% |
| Trade debts | 44 | €6,439 | €7,386 | +€947 | +14.7% |
| Suppliers | 440/4 | €6,439 | €7,386 | +€947 | +14.7% |
| Other amounts payable | 47/48 | €18,412 | €13,895 | -€4,517 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €248 | +€248 | |
| Gross operating margin | 9900 | -€4,353 | -€428 | +€3,925 | +90.2% |
| Operating profit (loss) | 9901 | -€4,353 | -€676 | +€3,677 | +84.5% |
| Financial charges | 65/66B | €69 | €30 | -€39 | -56.7% |
| Recurring financial charges | 65 | €69 | €30 | -€39 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,423 | -€706 | +€3,717 | +84.0% |
| Profit (loss) for the period | 9904 | -€4,423 | -€706 | +€3,717 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,423 | -€706 | +€3,717 | +84.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.