X-tec: 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-tec
Largest movements
- Cash -€11,296
down €11,296 (-74.8%), from €15,092 to €3,796
mainly Receivables within one year (-€5,749) and Net result for the year (-€4,259)
- Receivables within one year +€5,749
up €5,749 (+20.5%), from €27,989 to €33,738
of which Other amounts receivable: +€5,685
- Tangible fixed assets +€2,676
new in 2025: €2,676
of which Furniture and vehicles: +€2,267
- Reserves -€4,259
down €4,259 (-15.2%), from €28,051 to €23,792
- Trade debts +€1,063
up €1,063 (+9767.3%), from €11 to €1,074
- Gross operating margin -€38,979
down €38,979, from €36,985 to -€1,995
- Taxes -€7,269
down €7,269 (-98.2%), from €7,401 to €132
- Depreciation +€884
new in 2025: €884
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 | €43,325 | €40,210 | -€3,115 | -7.2% |
| Fixed assets | 21/28 | - | €2,676 | +€2,676 | |
| Tangible fixed assets | 22/27 | - | €2,676 | +€2,676 | |
| Plant, machinery and equipment | 23 | - | €410 | +€410 | |
| Furniture and vehicles | 24 | - | €2,267 | +€2,267 | |
| Current assets | 29/58 | €43,325 | €37,534 | -€5,791 | -13.4% |
| Amounts receivable within one year | 40/41 | €27,989 | €33,738 | +€5,749 | +20.5% |
| Trade receivables | 40 | €21,400 | €21,464 | +€64 | +0.3% |
| Other amounts receivable | 41 | €6,589 | €12,274 | +€5,685 | +86.3% |
| Cash at bank and in hand | 54/58 | €15,092 | €3,796 | -€11,296 | -74.8% |
| Deferred charges and accrued income | 490/1 | €244 | €0 | -€244 | -100.0% |
| Total equity and liabilities | 10/49 | €43,325 | €40,210 | -€3,115 | -7.2% |
| Equity | 10/15 | €29,551 | €25,292 | -€4,259 | -14.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €28,051 | €23,792 | -€4,259 | -15.2% |
| Distributable reserves | 133 | €28,051 | €23,792 | -€4,259 | -15.2% |
| Amounts payable | 17/49 | €13,774 | €14,919 | +€1,144 | +8.3% |
| Amounts payable within one year | 42/48 | €13,774 | €14,919 | +€1,144 | +8.3% |
| Trade debts | 44 | €11 | €1,074 | +€1,063 | +9767.3% |
| Suppliers | 440/4 | €11 | €1,074 | +€1,063 | +9767.3% |
| Taxes, remuneration and social security | 45 | €13,764 | €13,845 | +€81 | +0.6% |
| Taxes | 450/3 | €13,764 | €11,945 | -€1,819 | -13.2% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €884 | +€884 | |
| Other operating charges | 640/8 | €645 | €420 | -€225 | -34.9% |
| Gross operating margin | 9900 | €36,985 | -€1,995 | -€38,979 | |
| Operating profit (loss) | 9901 | €36,339 | -€3,299 | -€39,638 | |
| Financial income | 75/76B | €106 | €291 | +€184 | +173.2% |
| Recurring financial income | 75 | €106 | €291 | +€184 | +173.2% |
| Financial charges | 65/66B | €994 | €1,119 | +€126 | +12.6% |
| Recurring financial charges | 65 | €994 | €1,119 | +€126 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €35,452 | -€4,127 | -€39,580 | |
| Income taxes | 67/77 | €7,401 | €132 | -€7,269 | -98.2% |
| Profit (loss) for the period | 9904 | €28,051 | -€4,259 | -€32,310 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,051 | -€4,259 | -€32,310 |
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 9 October 2026 via checked.be.