X-LAM ENGINEERING: 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.
X-LAM ENGINEERING
Largest movements
- Cash -€250,587
down €250,587 (-80.8%), from €310,324 to €59,737
mainly Other debts (-€154,445) and Tax, wage and social debts (-€61,630)
- Receivables within one year +€58,980
up €58,980 (+81.9%), from €72,042 to €131,022
of which Trade receivables: +€59,781
- Tangible fixed assets -€15,262
down €15,262 (-13.7%), from €111,724 to €96,461
of which Furniture and vehicles: -€13,816
- Other debts -€154,445
down €154,445 (-87.5%), from €176,576 to €22,131
- Tax, wage and social debts -€61,630
down €61,630 (-82.5%), from €74,669 to €13,040
of which Taxes: -€70,762
- Trade debts +€6,035
up €6,035 (+102.7%), from €5,877 to €11,912
- Gross operating margin -€171,952
down €171,952 (-99.1%), from €173,451 to €1,499
- Taxes -€49,582
down €49,582 (-97.2%), from €51,007 to €1,425
- Financial income -€30,262
down €30,262 (-59.3%), from €51,012 to €20,751
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 | €496,584 | €290,174 | -€206,410 | -41.6% |
| Fixed assets | 21/28 | €111,724 | €96,461 | -€15,262 | -13.7% |
| Tangible fixed assets | 22/27 | €111,724 | €96,461 | -€15,262 | -13.7% |
| Land and buildings | 22 | €2,983 | €2,442 | -€541 | -18.1% |
| Plant, machinery and equipment | 23 | €2,373 | €1,467 | -€906 | -38.2% |
| Furniture and vehicles | 24 | €49,868 | €36,052 | -€13,816 | -27.7% |
| Other tangible fixed assets | 26 | €56,500 | €56,500 | = | 0.0% |
| Current assets | 29/58 | €384,861 | €193,713 | -€191,148 | -49.7% |
| Amounts receivable within one year | 40/41 | €72,042 | €131,022 | +€58,980 | +81.9% |
| Trade receivables | 40 | €71,048 | €130,829 | +€59,781 | +84.1% |
| Other amounts receivable | 41 | €994 | €193 | -€800 | -80.5% |
| Cash at bank and in hand | 54/58 | €310,324 | €59,737 | -€250,587 | -80.8% |
| Deferred charges and accrued income | 490/1 | €2,494 | €2,953 | +€459 | +18.4% |
| Total equity and liabilities | 10/49 | €496,584 | €290,174 | -€206,410 | -41.6% |
| Equity | 10/15 | €239,462 | €243,091 | +€3,629 | +1.5% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €44,613 | €44,613 | = | 0.0% |
| Distributable reserves | 133 | €44,613 | €44,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,649 | €161,279 | +€3,629 | +2.3% |
| Amounts payable | 17/49 | €257,122 | €47,083 | -€210,040 | -81.7% |
| Amounts payable within one year | 42/48 | €257,122 | €47,083 | -€210,040 | -81.7% |
| Trade debts | 44 | €5,877 | €11,912 | +€6,035 | +102.7% |
| Suppliers | 440/4 | €5,877 | €11,912 | +€6,035 | +102.7% |
| Taxes, remuneration and social security | 45 | €74,669 | €13,040 | -€61,630 | -82.5% |
| Taxes | 450/3 | €74,669 | €3,907 | -€70,762 | -94.8% |
| Remuneration and social security | 454/9 | - | €9,133 | +€9,133 | |
| Other amounts payable | 47/48 | €176,576 | €22,131 | -€154,445 | -87.5% |
| Non-recurring operating income | 76A | €917 | - | -€917 | |
| Remuneration, social security and pensions | 62 | €1,350 | €400 | -€950 | -70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,654 | €16,162 | +€508 | +3.2% |
| Other operating charges | 640/8 | €603 | €438 | -€165 | -27.4% |
| Gross operating margin | 9900 | €173,451 | €1,499 | -€171,952 | -99.1% |
| Operating profit (loss) | 9901 | €155,844 | -€15,500 | -€171,344 | |
| Financial income | 75/76B | €51,012 | €20,751 | -€30,262 | -59.3% |
| Recurring financial income | 75 | €51,012 | €20,751 | -€30,262 | -59.3% |
| Financial charges | 65/66B | €1,463 | €196 | -€1,267 | -86.6% |
| Recurring financial charges | 65 | €1,463 | €196 | -€1,267 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | €205,393 | €5,054 | -€200,339 | -97.5% |
| Income taxes | 67/77 | €51,007 | €1,425 | -€49,582 | -97.2% |
| Profit (loss) for the period | 9904 | €154,386 | €3,629 | -€150,756 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €154,386 | €3,629 | -€150,756 | -97.6% |
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.