X-PISTOR: 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.
What changed
X-PISTOR
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,139
2024 · -€7,498+€2,359
Equity
-€146,382
2024 · -€141,243-€5,139
Cash
€366
2024 · €1,076-€710
Balance sheet total
€232,706
2024 · €236,942-€4,236
Largest movements
Assets
- Tangible fixed assets -€3,538
down €3,538 (-2.8%), from €127,803 to €124,265
Equity and liabilities
- Profit (loss) carried forward -€2,808
down €2,808 (-1.0%), from -€281,104 to -€283,911
Income statement
- Taxes -€93,401
no longer reported in 2025 (was €93,401)
- Gross operating margin -€3,287
down €3,287, from €2,224 to -€1,063
- Financial charges +€483
new in 2025: €483
- Other operating charges +€24
up €24 (+2.9%), from €810 to €833
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.
Result 2024
-€7,498
Gross operating margin
-€3,287
Other operating charges
-€24
Financial charges
-€483
Taxes
+€93,401
Deferred taxes and other
-€87,249
Result 2025
-€5,139
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.
From operations
-€710
Investment
€0
Financing
€0
Cash 2024
€1,076
From operations (derived)
-€710
Net result for the year
-€5,139
Depreciation
+€3,538
Deferred charges and accrued income
-€12
Provisions
-€777
Trade debts
+€1,370
Tax, wage and social debts
+€311
Cash 2025
€366
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,942 | €232,706 | -€4,236 | -1.8% |
| Fixed assets | 21/28 | €127,803 | €124,265 | -€3,538 | -2.8% |
| Tangible fixed assets | 22/27 | €127,803 | €124,265 | -€3,538 | -2.8% |
| Land and buildings | 22 | €127,803 | €124,265 | -€3,538 | -2.8% |
| Current assets | 29/58 | €109,139 | €108,441 | -€698 | -0.6% |
| Amounts receivable within one year | 40/41 | €107,801 | €107,801 | = | 0.0% |
| Trade receivables | 40 | €52,030 | €52,030 | = | 0.0% |
| Other amounts receivable | 41 | €55,771 | €55,771 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,076 | €366 | -€710 | -66.0% |
| Deferred charges and accrued income | 490/1 | €263 | €275 | +€12 | +4.7% |
| Total equity and liabilities | 10/49 | €236,942 | €232,706 | -€4,236 | -1.8% |
| Equity | 10/15 | -€141,243 | -€146,382 | -€5,139 | -3.6% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €76,861 | €74,529 | -€2,332 | -3.0% |
| Tax-exempt reserves | 132 | €76,861 | €74,529 | -€2,332 | -3.0% |
| Profit (loss) carried forward | 14 | -€281,104 | -€283,911 | -€2,808 | -1.0% |
| Provisions and deferred taxes | 16 | €19,431 | €18,654 | -€777 | -4.0% |
| Deferred taxes | 168 | €19,431 | €18,654 | -€777 | -4.0% |
| Amounts payable | 17/49 | €358,754 | €360,435 | +€1,681 | +0.5% |
| Amounts payable after more than one year | 17 | €46,800 | €46,800 | = | 0.0% |
| Other amounts payable | 178/9 | €46,800 | €46,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €311,954 | €313,635 | +€1,681 | +0.5% |
| Financial debts | 43 | €15,600 | €15,600 | = | 0.0% |
| Other loans | 439 | €15,600 | €15,600 | = | 0.0% |
| Trade debts | 44 | €2,622 | €3,991 | +€1,370 | +52.2% |
| Suppliers | 440/4 | €2,622 | €3,991 | +€1,370 | +52.2% |
| Taxes, remuneration and social security | 45 | €93,401 | €93,712 | +€311 | +0.3% |
| Taxes | 450/3 | €93,401 | €93,712 | +€311 | +0.3% |
| Other amounts payable | 47/48 | €200,331 | €200,331 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,538 | €3,538 | = | 0.0% |
| Other operating charges | 640/8 | €810 | €833 | +€24 | +2.9% |
| Gross operating margin | 9900 | €2,224 | -€1,063 | -€3,287 | |
| Operating profit (loss) | 9901 | -€2,123 | -€5,434 | -€3,311 | -155.9% |
| Financial charges | 65/66B | - | €483 | +€483 | |
| Recurring financial charges | 65 | - | €483 | +€483 | |
| Profit (loss) for the period before taxes | 9903 | -€2,123 | -€5,917 | -€3,793 | -178.7% |
| Transfer from deferred taxes | 780 | €88,026 | €777 | -€87,249 | -99.1% |
| Income taxes | 67/77 | €93,401 | - | -€93,401 | |
| Profit (loss) for the period | 9904 | -€7,498 | -€5,139 | +€2,359 | +31.5% |
| Transfer from tax-exempt reserves | 789 | €264,078 | €2,332 | -€261,746 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €256,580 | -€2,808 | -€259,387 |
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 5 October 2026 via checked.be.