X-PRESSIVE: 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-PRESSIVE
Largest movements
- Cash +€20,126
up €20,126 (+148.6%), from €13,548 to €33,673
mainly Depreciation (+€19,496) and Net result for the year (+€18,577)
- Tangible fixed assets -€14,706
down €14,706 (-9.1%), from €161,552 to €146,847
of which Land and buildings: -€15,138
- Receivables within one year -€2,674
down €2,674 (-12.7%), from €21,014 to €18,340
of which Other amounts receivable: -€2,598
- Reserves +€18,577
up €18,577 (+37.7%), from €49,276 to €67,853
- Debts after one year -€12,170
down €12,170 (-13.4%), from €90,635 to €78,465
- Gross operating margin -€3,835
down €3,835 (-6.5%), from €58,887 to €55,051
- Depreciation +€2,829
up €2,829 (+17.0%), from €16,667 to €19,496
- Taxes -€1,379
down €1,379 (-12.3%), from €11,240 to €9,861
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 | €197,789 | €200,562 | +€2,773 | +1.4% |
| Fixed assets | 21/28 | €161,552 | €146,847 | -€14,706 | -9.1% |
| Tangible fixed assets | 22/27 | €161,552 | €146,847 | -€14,706 | -9.1% |
| Land and buildings | 22 | €137,241 | €122,103 | -€15,138 | -11.0% |
| Plant, machinery and equipment | 23 | €285 | €3,808 | +€3,523 | +1234.3% |
| Furniture and vehicles | 24 | €24,026 | €20,936 | -€3,090 | -12.9% |
| Current assets | 29/58 | €36,237 | €53,715 | +€17,479 | +48.2% |
| Amounts receivable within one year | 40/41 | €21,014 | €18,340 | -€2,674 | -12.7% |
| Trade receivables | 40 | €17,370 | €17,294 | -€76 | -0.4% |
| Other amounts receivable | 41 | €3,645 | €1,046 | -€2,598 | -71.3% |
| Cash at bank and in hand | 54/58 | €13,548 | €33,673 | +€20,126 | +148.6% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,702 | +€27 | +1.6% |
| Total equity and liabilities | 10/49 | €197,789 | €200,562 | +€2,773 | +1.4% |
| Equity | 10/15 | €67,876 | €86,453 | +€18,577 | +27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,276 | €67,853 | +€18,577 | +37.7% |
| Distributable reserves | 133 | €49,276 | €67,853 | +€18,577 | +37.7% |
| Amounts payable | 17/49 | €129,913 | €114,109 | -€15,804 | -12.2% |
| Amounts payable after more than one year | 17 | €90,635 | €78,465 | -€12,170 | -13.4% |
| Financial debts | 170/4 | €90,635 | €78,465 | -€12,170 | -13.4% |
| Amounts payable within one year | 42/48 | €39,278 | €35,644 | -€3,634 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €12,186 | €12,170 | -€15 | -0.1% |
| Trade debts | 44 | €4,562 | €3,353 | -€1,209 | -26.5% |
| Suppliers | 440/4 | €4,562 | €3,353 | -€1,209 | -26.5% |
| Advances received on contracts in progress | 46 | €1,210 | €290 | -€920 | -76.0% |
| Taxes, remuneration and social security | 45 | €21,321 | €19,832 | -€1,489 | -7.0% |
| Taxes | 450/3 | €21,321 | €19,832 | -€1,489 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,667 | €19,496 | +€2,829 | +17.0% |
| Other operating charges | 640/8 | €844 | €841 | -€3 | -0.3% |
| Gross operating margin | 9900 | €58,887 | €55,051 | -€3,835 | -6.5% |
| Operating profit (loss) | 9901 | €41,376 | €34,715 | -€6,662 | -16.1% |
| Financial income | 75/76B | €260 | - | -€260 | |
| Recurring financial income | 75 | €260 | - | -€260 | |
| Financial charges | 65/66B | €6,528 | €6,277 | -€251 | -3.8% |
| Recurring financial charges | 65 | €6,528 | €6,277 | -€251 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €35,108 | €28,438 | -€6,671 | -19.0% |
| Income taxes | 67/77 | €11,240 | €9,861 | -€1,379 | -12.3% |
| Profit (loss) for the period | 9904 | €23,869 | €18,577 | -€5,291 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,869 | €18,577 | -€5,291 | -22.2% |
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 4 October 2026 via checked.be.