XB: 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.
XB
Largest movements
- Receivables within one year +€53,287
up €53,287 (+550%), from €9,680 to €62,967
of which Trade receivables: +€48,400
- Reserves +€47,570
up €47,570 (+181%), from €26,333 to €73,903
- Tax, wage and social debts +€8,436
up €8,436 (+49.2%), from €17,145 to €25,580
of which Taxes: +€8,421
- Trade debts -€1,783
down €1,783 (-74.0%), from €2,411 to €628
- Gross operating margin +€29,236
up €29,236 (+79.5%), from €36,760 to €65,996
- Taxes +€7,987
up €7,987 (+80.8%), from €9,884 to €17,871
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 | €50,889 | €105,111 | +€54,222 | +107% |
| Current assets | 29/58 | €50,889 | €105,111 | +€54,222 | +107% |
| Amounts receivable within one year | 40/41 | €9,680 | €62,967 | +€53,287 | +550% |
| Trade receivables | 40 | €9,680 | €58,080 | +€48,400 | +500% |
| Other amounts receivable | 41 | - | €4,887 | +€4,887 | |
| Cash at bank and in hand | 54/58 | €41,209 | €42,144 | +€935 | +2.3% |
| Total equity and liabilities | 10/49 | €50,889 | €105,111 | +€54,222 | +107% |
| Equity | 10/15 | €31,333 | €78,903 | +€47,570 | +152% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,333 | €73,903 | +€47,570 | +181% |
| Distributable reserves | 133 | €26,333 | €73,903 | +€47,570 | +181% |
| Amounts payable | 17/49 | €19,556 | €26,208 | +€6,653 | +34.0% |
| Amounts payable within one year | 42/48 | €19,556 | €26,208 | +€6,653 | +34.0% |
| Trade debts | 44 | €2,411 | €628 | -€1,783 | -74.0% |
| Suppliers | 440/4 | €2,411 | €628 | -€1,783 | -74.0% |
| Taxes, remuneration and social security | 45 | €17,145 | €25,580 | +€8,436 | +49.2% |
| Taxes | 450/3 | €15,319 | €23,740 | +€8,421 | +55.0% |
| Remuneration and social security | 454/9 | €1,826 | €1,840 | +€14 | +0.8% |
| Other operating charges | 640/8 | €469 | €516 | +€47 | +10.0% |
| Gross operating margin | 9900 | €36,760 | €65,996 | +€29,236 | +79.5% |
| Operating profit (loss) | 9901 | €36,291 | €65,480 | +€29,190 | +80.4% |
| Financial charges | 65/66B | €74 | €40 | -€34 | -45.9% |
| Recurring financial charges | 65 | €74 | €40 | -€34 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €36,217 | €65,440 | +€29,224 | +80.7% |
| Income taxes | 67/77 | €9,884 | €17,871 | +€7,987 | +80.8% |
| Profit (loss) for the period | 9904 | €26,333 | €47,570 | +€21,236 | +80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,333 | €47,570 | +€21,236 | +80.6% |
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 28 October 2026 via checked.be.