X²X ADVIES: what changed
Two financial 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.
X²X ADVIES
Largest movements
- Cash +€108,313
up €108,313 (+2,792%), from €3,879 to €112,191
mainly Net result for the year (+€60,422) and Receivables within one year (+€58,511)
- Receivables within one year -€58,511
down €58,511 (-91.8%), from €63,746 to €5,234
of which Other amounts receivable: -€51,196
- Deferred charges and accrued income -€29,919
down €29,919 (-100%), from €29,919 to €0
- Other debts +€33,628
up €33,628 (+74.1%), from €45,379 to €79,007
- Reserves -€18,585
down €18,585 (-4.3%), from €429,328 to €410,744
- Gross operating margin +€18,491
up €18,491 (+33.5%), from €55,129 to €73,620
- Financial income +€11,171
up €11,171 (+177%), from €6,306 to €17,477
- Taxes +€9,222
up €9,222 (+46.1%), from €20,007 to €29,229
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.
Derived cash bridge
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 | €492,432 | €512,257 | +€19,825 | +4.0% |
| Fixed assets | 21/28 | €58 | €0 | -€58 | -100% |
| Tangible fixed assets | 22/27 | €58 | €0 | -€58 | -100% |
| Furniture and vehicles | 24 | €58 | €0 | -€58 | -100% |
| Current assets | 29/58 | €492,375 | €512,257 | +€19,883 | +4.0% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,746 | €5,234 | -€58,511 | -91.8% |
| Trade receivables | 40 | €8,152 | €837 | -€7,315 | -89.7% |
| Other amounts receivable | 41 | €55,593 | €4,397 | -€51,196 | -92.1% |
| Current investments | 50/53 | €264,832 | €264,832 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,879 | €112,191 | +€108,313 | +2,792% |
| Deferred charges and accrued income | 490/1 | €29,919 | €0 | -€29,919 | -100% |
| Total equity and liabilities | 10/49 | €492,432 | €512,257 | +€19,825 | +4.0% |
| Equity | 10/15 | €441,728 | €423,144 | -€18,585 | -4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €429,328 | €410,744 | -€18,585 | -4.3% |
| Distributable reserves | 133 | €429,328 | €410,744 | -€18,585 | -4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,704 | €89,114 | +€38,410 | +75.8% |
| Amounts payable within one year | 42/48 | €50,204 | €89,114 | +€38,910 | +77.5% |
| Trade debts | 44 | €483 | €1,135 | +€652 | +135% |
| Suppliers | 440/4 | €483 | €1,135 | +€652 | +135% |
| Taxes, remuneration and social security | 45 | €4,341 | €8,972 | +€4,630 | +107% |
| Taxes | 450/3 | €4,341 | €8,972 | +€4,630 | +107% |
| Other amounts payable | 47/48 | €45,379 | €79,007 | +€33,628 | +74.1% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Remuneration, social security and pensions | 62 | €94 | €0 | -€94 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €525 | €58 | -€467 | -89.0% |
| Other operating charges | 640/8 | €1,099 | €1,134 | +€34 | +3.1% |
| Gross operating margin | 9900 | €55,129 | €73,620 | +€18,491 | +33.5% |
| Operating profit (loss) | 9901 | €53,411 | €72,429 | +€19,018 | +35.6% |
| Financial income | 75/76B | €6,306 | €17,477 | +€11,171 | +177% |
| Recurring financial income | 75 | €6,306 | €17,477 | +€11,171 | +177% |
| Financial charges | 65/66B | €290 | €255 | -€36 | -12.3% |
| Recurring financial charges | 65 | €290 | €255 | -€36 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €59,427 | €89,651 | +€30,225 | +50.9% |
| Income taxes | 67/77 | €20,007 | €29,229 | +€9,222 | +46.1% |
| Profit (loss) for the period | 9904 | €39,420 | €60,422 | +€21,003 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,420 | €60,422 | +€21,003 | +53.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.