X4Resilience: 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.
X4Resilience
Largest movements
- Receivables within one year -€23,009
down €23,009 (-53.1%), from €43,317 to €20,308
of which Trade receivables: -€27,018
- Cash +€6,805
up €6,805 (+17.7%), from €38,423 to €45,228
mainly Receivables within one year (+€23,009) and Net result for the year (+€3,854)
- Tangible fixed assets -€1,029
down €1,029 (-20.5%), from €5,012 to €3,982
of which Furniture and vehicles: -€733
- Trade debts -€10,292
down €10,292 (-49.0%), from €21,024 to €10,732
- Tax, wage and social debts -€4,518
down €4,518 (-39.8%), from €11,354 to €6,836
- Other debts -€2,377
down €2,377 (-73.2%), from €3,249 to €872
- Gross operating margin -€43,769
down €43,769 (-84.3%), from €51,910 to €8,141
- Taxes -€14,021
down €14,021 (-93.4%), from €15,012 to €991
- Depreciation +€566
up €566 (+32.5%), from €1,740 to €2,306
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 | €89,714 | €72,531 | -€17,183 | -19.2% |
| Fixed assets | 21/28 | €5,012 | €3,982 | -€1,029 | -20.5% |
| Tangible fixed assets | 22/27 | €5,012 | €3,982 | -€1,029 | -20.5% |
| Plant, machinery and equipment | 23 | €2,706 | €2,410 | -€296 | -10.9% |
| Furniture and vehicles | 24 | €2,306 | €1,573 | -€733 | -31.8% |
| Current assets | 29/58 | €84,702 | €68,548 | -€16,154 | -19.1% |
| Amounts receivable within one year | 40/41 | €43,317 | €20,308 | -€23,009 | -53.1% |
| Trade receivables | 40 | €43,285 | €16,267 | -€27,018 | -62.4% |
| Other amounts receivable | 41 | €32 | €4,041 | +€4,009 | +12,509% |
| Current investments | 50/53 | €2,250 | €2,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,423 | €45,228 | +€6,805 | +17.7% |
| Deferred charges and accrued income | 490/1 | €712 | €762 | +€50 | +7.0% |
| Total equity and liabilities | 10/49 | €89,714 | €72,531 | -€17,183 | -19.2% |
| Equity | 10/15 | €54,087 | €54,091 | +€4 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,487 | €35,491 | +€4 | 0.0% |
| Tax-exempt reserves | 132 | €8,398 | €8,398 | = | 0.0% |
| Distributable reserves | 133 | €27,089 | €27,093 | +€4 | 0.0% |
| Amounts payable | 17/49 | €35,627 | €18,440 | -€17,187 | -48.2% |
| Amounts payable within one year | 42/48 | €35,627 | €18,440 | -€17,187 | -48.2% |
| Trade debts | 44 | €21,024 | €10,732 | -€10,292 | -49.0% |
| Suppliers | 440/4 | €21,024 | €10,732 | -€10,292 | -49.0% |
| Taxes, remuneration and social security | 45 | €11,354 | €6,836 | -€4,518 | -39.8% |
| Taxes | 450/3 | €11,354 | €6,836 | -€4,518 | -39.8% |
| Other amounts payable | 47/48 | €3,249 | €872 | -€2,377 | -73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,740 | €2,306 | +€566 | +32.5% |
| Other operating charges | 640/8 | €766 | €808 | +€42 | +5.5% |
| Gross operating margin | 9900 | €51,910 | €8,141 | -€43,769 | -84.3% |
| Operating profit (loss) | 9901 | €49,404 | €5,027 | -€44,377 | -89.8% |
| Financial income | 75/76B | €10 | €117 | +€107 | +1,073% |
| Recurring financial income | 75 | €10 | €117 | +€107 | +1,073% |
| Financial charges | 65/66B | €452 | €300 | -€152 | -33.7% |
| Recurring financial charges | 65 | €452 | €300 | -€152 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €48,962 | €4,845 | -€44,117 | -90.1% |
| Income taxes | 67/77 | €15,012 | €991 | -€14,021 | -93.4% |
| Profit (loss) for the period | 9904 | €33,950 | €3,854 | -€30,096 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,950 | €3,854 | -€30,096 | -88.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.