XASA: 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.
XASA
Largest movements
- Cash +€37,161
up €37,161 (+126.8%), from €29,311 to €66,472
mainly Receivables within one year (+€27,639) and Depreciation (+€18,768)
- Receivables within one year -€27,639
down €27,639 (-35.2%), from €78,547 to €50,908
of which Trade receivables: -€27,634
- Trade debts +€14,914
up €14,914 (+165.6%), from €9,004 to €23,918
- Debts after one year -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Tax, wage and social debts +€1,765
up €1,765 (+18.3%), from €9,648 to €11,413
- Gross operating margin -€37,454
down €37,454 (-60.9%), from €61,466 to €24,012
- Taxes -€15,754
down €15,754 (-95.1%), from €16,570 to €816
- Depreciation +€10,130
up €10,130 (+117.3%), from €8,637 to €18,768
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 | €164,607 | €172,591 | +€7,984 | +4.9% |
| Fixed assets | 21/28 | €55,942 | €54,332 | -€1,610 | -2.9% |
| Tangible fixed assets | 22/27 | €55,942 | €54,332 | -€1,610 | -2.9% |
| Plant, machinery and equipment | 23 | €5,428 | €4,915 | -€514 | -9.5% |
| Furniture and vehicles | 24 | €50,514 | €46,462 | -€4,051 | -8.0% |
| Other tangible fixed assets | 26 | - | €2,955 | +€2,955 | |
| Current assets | 29/58 | €108,665 | €118,259 | +€9,594 | +8.8% |
| Amounts receivable within one year | 40/41 | €78,547 | €50,908 | -€27,639 | -35.2% |
| Trade receivables | 40 | €78,542 | €50,908 | -€27,634 | -35.2% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €29,311 | €66,472 | +€37,161 | +126.8% |
| Deferred charges and accrued income | 490/1 | €807 | €879 | +€72 | +8.9% |
| Total equity and liabilities | 10/49 | €164,607 | €172,591 | +€7,984 | +4.9% |
| Equity | 10/15 | €120,731 | €121,716 | +€985 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,860 | €86,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,271 | €16,256 | +€985 | +6.5% |
| Amounts payable | 17/49 | €43,876 | €50,875 | +€6,998 | +16.0% |
| Amounts payable after more than one year | 17 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Other amounts payable | 178/9 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Amounts payable within one year | 42/48 | €23,069 | €40,875 | +€17,805 | +77.2% |
| Trade debts | 44 | €9,004 | €23,918 | +€14,914 | +165.6% |
| Suppliers | 440/4 | €9,004 | €23,918 | +€14,914 | +165.6% |
| Taxes, remuneration and social security | 45 | €9,648 | €11,413 | +€1,765 | +18.3% |
| Taxes | 450/3 | €9,648 | €11,413 | +€1,765 | +18.3% |
| Other amounts payable | 47/48 | €4,417 | €5,544 | +€1,126 | +25.5% |
| Accrued charges and deferred income | 492/3 | €807 | - | -€807 | |
| Non-recurring operating income | 76A | €22,000 | - | -€22,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,637 | €18,768 | +€10,130 | +117.3% |
| Other operating charges | 640/8 | €2,706 | €2,288 | -€418 | -15.4% |
| Gross operating margin | 9900 | €61,466 | €24,012 | -€37,454 | -60.9% |
| Operating profit (loss) | 9901 | €50,124 | €2,957 | -€47,167 | -94.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,384 | €1,156 | -€228 | -16.5% |
| Recurring financial charges | 65 | €1,384 | €1,156 | -€228 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €48,740 | €1,801 | -€46,938 | -96.3% |
| Income taxes | 67/77 | €16,570 | €816 | -€15,754 | -95.1% |
| Profit (loss) for the period | 9904 | €32,170 | €985 | -€31,185 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,170 | €985 | -€31,185 | -96.9% |
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 8 October 2026 via checked.be.