XADAY: 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.
XADAY
Largest movements
- Receivables within one year +€9,062
up €9,062 (+18.0%), from €50,257 to €59,319
of which Other amounts receivable: +€17,381
- Tangible fixed assets +€3,995
up €3,995 (+43.5%), from €9,183 to €13,178
of which Plant, machinery and equipment: +€5,702
- Cash -€3,714
down €3,714 (-14.7%), from €25,223 to €21,509
mainly Current portion of long-term debt (-€18,666) and Receivables within one year (-€9,062)
- Reserves +€35,026
up €35,026 (+26.3%), from €133,422 to €168,448
of which Distributable reserves: +€35,026
- Current portion of long-term debt -€18,666
down €18,666 (-91.6%), from €20,384 to €1,717
- Advances received -€6,838
down €6,838 (-65.1%), from €10,506 to €3,668
- Tax, wage and social debts +€6,401
up €6,401 (+29.9%), from €21,427 to €27,828
- Trade debts -€4,158
down €4,158 (-18.1%), from €22,942 to €18,784
- Gross operating margin -€38,905
down €38,905 (-43.0%), from €90,477 to €51,572
- Depreciation -€16,967
down €16,967 (-81.2%), from €20,905 to €3,938
- Taxes -€5,852
down €5,852 (-28.9%), from €20,247 to €14,395
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 | €230,664 | €240,712 | +€10,048 | +4.4% |
| Fixed assets | 21/28 | €9,283 | €13,278 | +€3,995 | +43.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €9,183 | €13,178 | +€3,995 | +43.5% |
| Plant, machinery and equipment | 23 | €2,710 | €8,412 | +€5,702 | +210.4% |
| Furniture and vehicles | 24 | €2,164 | €892 | -€1,272 | -58.8% |
| Other tangible fixed assets | 26 | €4,309 | €3,874 | -€435 | -10.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €221,381 | €227,434 | +€6,053 | +2.7% |
| Amounts receivable after more than one year | 29 | €128,500 | €128,500 | = | 0.0% |
| Other amounts receivable | 291 | €128,500 | €128,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €17,401 | €18,106 | +€704 | +4.0% |
| Stocks | 30/36 | €17,401 | €18,106 | +€704 | +4.0% |
| Amounts receivable within one year | 40/41 | €50,257 | €59,319 | +€9,062 | +18.0% |
| Trade receivables | 40 | €8,319 | €0 | -€8,319 | -100.0% |
| Other amounts receivable | 41 | €41,938 | €59,319 | +€17,381 | +41.4% |
| Cash at bank and in hand | 54/58 | €25,223 | €21,509 | -€3,714 | -14.7% |
| Total equity and liabilities | 10/49 | €230,664 | €240,712 | +€10,048 | +4.4% |
| Equity | 10/15 | €152,022 | €187,048 | +€35,026 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,422 | €168,448 | +€35,026 | +26.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,173 | €25,173 | = | 0.0% |
| Distributable reserves | 133 | €106,389 | €141,415 | +€35,026 | +32.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,642 | €53,664 | -€24,978 | -31.8% |
| Amounts payable after more than one year | 17 | €1,717 | €0 | -€1,717 | -100.0% |
| Financial debts | 170/4 | €1,717 | €0 | -€1,717 | -100.0% |
| Amounts payable within one year | 42/48 | €76,925 | €53,664 | -€23,261 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €20,384 | €1,717 | -€18,666 | -91.6% |
| Financial debts | 43 | €1,667 | €1,667 | = | 0.0% |
| Credit institutions | 430/8 | €1,667 | €1,667 | = | 0.0% |
| Trade debts | 44 | €22,942 | €18,784 | -€4,158 | -18.1% |
| Suppliers | 440/4 | €22,942 | €18,784 | -€4,158 | -18.1% |
| Advances received on contracts in progress | 46 | €10,506 | €3,668 | -€6,838 | -65.1% |
| Taxes, remuneration and social security | 45 | €21,427 | €27,828 | +€6,401 | +29.9% |
| Taxes | 450/3 | €21,427 | €27,828 | +€6,401 | +29.9% |
| Remuneration, social security and pensions | 62 | €0 | €284 | +€284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,905 | €3,938 | -€16,967 | -81.2% |
| Other operating charges | 640/8 | €1,659 | €1,906 | +€247 | +14.9% |
| Non-recurring operating charges | 66A | €8,519 | €0 | -€8,519 | -100.0% |
| Gross operating margin | 9900 | €90,477 | €51,572 | -€38,905 | -43.0% |
| Operating profit (loss) | 9901 | €59,394 | €45,445 | -€13,949 | -23.5% |
| Financial income | 75/76B | €8,566 | €7,845 | -€721 | -8.4% |
| Recurring financial income | 75 | €8,566 | €7,845 | -€721 | -8.4% |
| Financial charges | 65/66B | €3,430 | €3,870 | +€439 | +12.8% |
| Recurring financial charges | 65 | €3,430 | €3,870 | +€439 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €64,530 | €49,421 | -€15,109 | -23.4% |
| Income taxes | 67/77 | €20,247 | €14,395 | -€5,852 | -28.9% |
| Profit (loss) for the period | 9904 | €44,283 | €35,026 | -€9,257 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,283 | €35,026 | -€9,257 | -20.9% |
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 7 October 2026 via checked.be.