Xavier Deschilder: 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.
Xavier Deschilder
Largest movements
- Cash +€59,437
up €59,437 (+50.3%), from €118,187 to €177,624
mainly Net result for the year (+€75,130) and Depreciation (+€13,927)
- Tangible fixed assets -€13,927
down €13,927 (-99.1%), from €14,058 to €131
of which Furniture and vehicles: -€13,402
- Profit (loss) carried forward +€75,130
up €75,130 (+101%), from €74,600 to €149,730
- Tax, wage and social debts -€19,055
down €19,055 (-63.2%), from €30,130 to €11,076
- Trade debts -€9,266
down €9,266 (-65.6%), from €14,135 to €4,869
- Gross operating margin +€6,124
up €6,124 (+5.9%), from €103,267 to €109,390
- Depreciation -€1,196
down €1,196 (-7.9%), from €15,123 to €13,927
- Taxes +€1,108
up €1,108 (+6.1%), from €18,155 to €19,262
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 | €134,972 | €181,517 | +€46,545 | +34.5% |
| Fixed assets | 21/28 | €14,058 | €131 | -€13,927 | -99.1% |
| Tangible fixed assets | 22/27 | €14,058 | €131 | -€13,927 | -99.1% |
| Plant, machinery and equipment | 23 | €656 | €131 | -€525 | -80.0% |
| Furniture and vehicles | 24 | €13,402 | - | -€13,402 | |
| Current assets | 29/58 | €120,915 | €181,386 | +€60,472 | +50.0% |
| Amounts receivable within one year | 40/41 | €330 | €1,059 | +€729 | +221% |
| Other amounts receivable | 41 | €330 | €1,059 | +€729 | +221% |
| Cash at bank and in hand | 54/58 | €118,187 | €177,624 | +€59,437 | +50.3% |
| Deferred charges and accrued income | 490/1 | €2,398 | €2,704 | +€305 | +12.7% |
| Total equity and liabilities | 10/49 | €134,972 | €181,517 | +€46,545 | +34.5% |
| Equity | 10/15 | €89,600 | €164,730 | +€75,130 | +83.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,600 | €149,730 | +€75,130 | +101% |
| Amounts payable | 17/49 | €45,372 | €16,787 | -€28,585 | -63.0% |
| Amounts payable within one year | 42/48 | €45,372 | €16,787 | -€28,585 | -63.0% |
| Trade debts | 44 | €14,135 | €4,869 | -€9,266 | -65.6% |
| Suppliers | 440/4 | €14,135 | €4,869 | -€9,266 | -65.6% |
| Taxes, remuneration and social security | 45 | €30,130 | €11,076 | -€19,055 | -63.2% |
| Taxes | 450/3 | €30,130 | €11,076 | -€19,055 | -63.2% |
| Other amounts payable | 47/48 | €1,107 | €843 | -€264 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,123 | €13,927 | -€1,196 | -7.9% |
| Other operating charges | 640/8 | €932 | €972 | +€40 | +4.3% |
| Non-recurring operating charges | 66A | €199 | - | -€199 | |
| Gross operating margin | 9900 | €103,267 | €109,390 | +€6,124 | +5.9% |
| Operating profit (loss) | 9901 | €87,013 | €94,492 | +€7,479 | +8.6% |
| Financial charges | 65/66B | €99 | €100 | +€1 | +1.4% |
| Recurring financial charges | 65 | €99 | €100 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €86,913 | €94,392 | +€7,478 | +8.6% |
| Income taxes | 67/77 | €18,155 | €19,262 | +€1,108 | +6.1% |
| Profit (loss) for the period | 9904 | €68,759 | €75,130 | +€6,371 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,759 | €75,130 | +€6,371 | +9.3% |
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 30 October 2026 via checked.be.