XB-IDem: what changed
XB-IDem
Largest movements
- Cash +€78,451
up €78,451 (+62.1%), from €126,373 to €204,824
mainly Net result for the year (+€192,626) and Other debts (+€78,330)
- Current investments +€60,486
up €60,486 (+13.4%), from €451,430 to €511,916
- Receivables within one year -€12,660
down €12,660 (-10.1%), from €125,947 to €113,288
of which Trade receivables: -€19,665
- Other debts +€78,330
up €78,330 (+230%), from €34,074 to €112,404
- Reserves +€64,683
up €64,683 (+10.0%), from €645,089 to €709,772
of which Distributable reserves: +€64,683
- Trade debts -€17,949
down €17,949 (-79.1%), from €22,701 to €4,753
- Gross operating margin +€70,739
up €70,739 (+40.1%), from €176,355 to €247,094
- Financial income +€21,692
up €21,692 (+257%), from €8,457 to €30,149
- Taxes +€21,394
up €21,394 (+38.5%), from €55,544 to €76,938
- Depreciation -€4,965
down €4,965 (-72.8%), from €6,821 to €1,855
- Financial charges +€4,740
up €4,740, from -€2,455 to €2,285
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €712,848 | €836,198 | +€123,349 | +17.3% |
| Fixed assets | 21/28 | €4,139 | €3,700 | -€439 | -10.6% |
| Tangible fixed assets | 22/27 | €4,139 | €3,700 | -€439 | -10.6% |
| Furniture and vehicles | 24 | €3,781 | €3,668 | -€113 | -3.0% |
| Other tangible fixed assets | 26 | €357 | €31 | -€326 | -91.2% |
| Current assets | 29/58 | €708,710 | €832,498 | +€123,788 | +17.5% |
| Amounts receivable within one year | 40/41 | €125,947 | €113,288 | -€12,660 | -10.1% |
| Trade receivables | 40 | €108,591 | €88,926 | -€19,665 | -18.1% |
| Other amounts receivable | 41 | €17,356 | €24,362 | +€7,006 | +40.4% |
| Current investments | 50/53 | €451,430 | €511,916 | +€60,486 | +13.4% |
| Cash at bank and in hand | 54/58 | €126,373 | €204,824 | +€78,451 | +62.1% |
| Deferred charges and accrued income | 490/1 | €4,959 | €2,470 | -€2,489 | -50.2% |
| Total equity and liabilities | 10/49 | €712,848 | €836,198 | +€123,349 | +17.3% |
| Equity | 10/15 | €651,289 | €715,972 | +€64,683 | +9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €645,089 | €709,772 | +€64,683 | +10.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €602,989 | €667,672 | +€64,683 | +10.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,560 | €120,226 | +€58,666 | +95.3% |
| Amounts payable within one year | 42/48 | €61,560 | €119,580 | +€58,020 | +94.2% |
| Trade debts | 44 | €22,701 | €4,753 | -€17,949 | -79.1% |
| Suppliers | 440/4 | €22,701 | €4,753 | -€17,949 | -79.1% |
| Taxes, remuneration and social security | 45 | €4,784 | €2,423 | -€2,362 | -49.4% |
| Taxes | 450/3 | €4,784 | €2,423 | -€2,362 | -49.4% |
| Other amounts payable | 47/48 | €34,074 | €112,404 | +€78,330 | +230% |
| Accrued charges and deferred income | 492/3 | - | €646 | +€646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,821 | €1,855 | -€4,965 | -72.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,764 | +€1,764 | |
| Other operating charges | 640/8 | €1,558 | €1,775 | +€217 | +13.9% |
| Gross operating margin | 9900 | €176,355 | €247,094 | +€70,739 | +40.1% |
| Operating profit (loss) | 9901 | €167,976 | €241,700 | +€73,724 | +43.9% |
| Financial income | 75/76B | €8,457 | €30,149 | +€21,692 | +257% |
| Recurring financial income | 75 | €8,457 | €30,149 | +€21,692 | +257% |
| Financial charges | 65/66B | -€2,455 | €2,285 | +€4,740 | |
| Recurring financial charges | 65 | -€2,455 | €2,285 | +€4,740 | |
| Profit (loss) for the period before taxes | 9903 | €178,888 | €269,564 | +€90,676 | +50.7% |
| Income taxes | 67/77 | €55,544 | €76,938 | +€21,394 | +38.5% |
| Profit (loss) for the period | 9904 | €123,344 | €192,626 | +€69,282 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,344 | €192,626 | +€69,282 | +56.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.