X TELECOM: 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 TELECOM
Largest movements
- Receivables within one year +€65,052
up €65,052 (+33.9%), from €192,046 to €257,098
of which Trade receivables: +€62,998
- Cash -€36,380
down €36,380 (-99.9%), from €36,409 to €30
mainly Receivables within one year (-€65,052) and Investment in fixed assets (net) (-€22,669)
- Tangible fixed assets +€17,905
new in 2024: €17,905
- Profit (loss) carried forward +€50,508
up €50,508 (+35.5%), from €142,114 to €192,621
- Trade debts -€18,161
down €18,161 (-50.0%), from €36,295 to €18,133
- Tax, wage and social debts +€14,764
up €14,764 (+29.8%), from €49,547 to €64,312
of which Taxes: +€13,594
- Gross operating margin -€120,130
down €120,130 (-62.8%), from €191,174 to €71,044
- Taxes -€34,633
down €34,633 (-71.8%), from €48,227 to €13,594
- Depreciation +€4,764
new in 2024: €4,764
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,955 | €278,066 | +€47,111 | +20.4% |
| Fixed assets | 21/28 | €2,500 | €20,405 | +€17,905 | +716.2% |
| Tangible fixed assets | 22/27 | - | €17,905 | +€17,905 | |
| Furniture and vehicles | 24 | - | €17,905 | +€17,905 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €228,455 | €257,661 | +€29,205 | +12.8% |
| Amounts receivable within one year | 40/41 | €192,046 | €257,098 | +€65,052 | +33.9% |
| Trade receivables | 40 | €191,419 | €254,417 | +€62,998 | +32.9% |
| Other amounts receivable | 41 | €627 | €2,681 | +€2,054 | +327.5% |
| Cash at bank and in hand | 54/58 | €36,409 | €30 | -€36,380 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €533 | +€533 | |
| Total equity and liabilities | 10/49 | €230,955 | €278,066 | +€47,111 | +20.4% |
| Equity | 10/15 | €145,114 | €195,621 | +€50,508 | +34.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,114 | €192,621 | +€50,508 | +35.5% |
| Amounts payable | 17/49 | €85,842 | €82,445 | -€3,397 | -4.0% |
| Amounts payable within one year | 42/48 | €85,842 | €82,445 | -€3,397 | -4.0% |
| Trade debts | 44 | €36,295 | €18,133 | -€18,161 | -50.0% |
| Suppliers | 440/4 | €36,295 | €18,133 | -€18,161 | -50.0% |
| Taxes, remuneration and social security | 45 | €49,547 | €64,312 | +€14,764 | +29.8% |
| Taxes | 450/3 | €48,227 | €61,821 | +€13,594 | +28.2% |
| Remuneration and social security | 454/9 | €1,320 | €2,490 | +€1,170 | +88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,764 | +€4,764 | |
| Other operating charges | 640/8 | €743 | €2,135 | +€1,391 | +187.1% |
| Gross operating margin | 9900 | €191,174 | €71,044 | -€120,130 | -62.8% |
| Operating profit (loss) | 9901 | €190,430 | €64,145 | -€126,285 | -66.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €91 | €44 | -€47 | -51.9% |
| Recurring financial charges | 65 | €91 | €44 | -€47 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €190,341 | €64,102 | -€126,239 | -66.3% |
| Income taxes | 67/77 | €48,227 | €13,594 | -€34,633 | -71.8% |
| Profit (loss) for the period | 9904 | €142,114 | €50,508 | -€91,606 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,114 | €50,508 | -€91,606 | -64.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.