XC-Immo: 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.
XC-Immo
Largest movements
- Tangible fixed assets +€50,793
up €50,793 (+292.9%), from €17,339 to €68,132
of which Furniture and vehicles: +€50,301
- Current investments +€44,022
up €44,022 (+13.2%), from €332,538 to €376,560
- Receivables within one year -€8,874
down €8,874 (-45.1%), from €19,663 to €10,789
of which Trade receivables: -€8,864
- Reserves +€49,116
up €49,116 (+17.5%), from €281,066 to €330,182
of which Distributable reserves: +€49,116
- Debts after one year +€21,094
new in 2025: €21,094
- Tax, wage and social debts +€12,980
up €12,980 (+133.6%), from €9,719 to €22,699
of which Taxes: +€12,980
- Current portion of long-term debt +€7,998
new in 2025: €7,998
- Financial income -€65,839
down €65,839 (-97.2%), from €67,731 to €1,892
of which Non-recurring financial income: -€64,320
- Gross operating margin +€32,517
up €32,517 (+43.9%), from €74,008 to €106,525
- Taxes +€8,852
up €8,852 (+39.5%), from €22,382 to €31,234
- Depreciation +€3,023
up €3,023 (+45.8%), from €6,600 to €9,622
- Other operating charges +€2,053
up €2,053 (+530.0%), from €387 to €2,440
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 | €403,455 | €491,290 | +€87,834 | +21.8% |
| Fixed assets | 21/28 | €17,339 | €68,132 | +€50,793 | +292.9% |
| Tangible fixed assets | 22/27 | €17,339 | €68,132 | +€50,793 | +292.9% |
| Plant, machinery and equipment | 23 | - | €1,654 | +€1,654 | |
| Furniture and vehicles | 24 | €11,179 | €61,481 | +€50,301 | +450.0% |
| Other tangible fixed assets | 26 | €6,160 | €4,997 | -€1,163 | -18.9% |
| Current assets | 29/58 | €386,117 | €423,158 | +€37,042 | +9.6% |
| Amounts receivable within one year | 40/41 | €19,663 | €10,789 | -€8,874 | -45.1% |
| Trade receivables | 40 | €19,653 | €10,789 | -€8,864 | -45.1% |
| Other amounts receivable | 41 | €10 | - | -€10 | |
| Current investments | 50/53 | €332,538 | €376,560 | +€44,022 | +13.2% |
| Cash at bank and in hand | 54/58 | €33,828 | €35,808 | +€1,981 | +5.9% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €403,455 | €491,290 | +€87,834 | +21.8% |
| Equity | 10/15 | €371,066 | €420,182 | +€49,116 | +13.2% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €281,066 | €330,182 | +€49,116 | +17.5% |
| 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 | €279,206 | €328,322 | +€49,116 | +17.6% |
| Amounts payable | 17/49 | €32,390 | €71,108 | +€38,718 | +119.5% |
| Amounts payable after more than one year | 17 | - | €21,094 | +€21,094 | |
| Financial debts | 170/4 | - | €21,094 | +€21,094 | |
| Amounts payable within one year | 42/48 | €32,390 | €49,995 | +€17,605 | +54.4% |
| Current portion of amounts payable after more than one year | 42 | - | €7,998 | +€7,998 | |
| Trade debts | 44 | €1,912 | €348 | -€1,564 | -81.8% |
| Suppliers | 440/4 | €1,912 | €348 | -€1,564 | -81.8% |
| Taxes, remuneration and social security | 45 | €9,719 | €22,699 | +€12,980 | +133.6% |
| Taxes | 450/3 | €8,569 | €21,549 | +€12,980 | +151.5% |
| Remuneration and social security | 454/9 | €1,150 | €1,150 | = | 0.0% |
| Other amounts payable | 47/48 | €20,759 | €18,951 | -€1,808 | -8.7% |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €9,622 | +€3,023 | +45.8% |
| Other operating charges | 640/8 | €387 | €2,440 | +€2,053 | +530.0% |
| Gross operating margin | 9900 | €74,008 | €106,525 | +€32,517 | +43.9% |
| Operating profit (loss) | 9901 | €67,021 | €94,463 | +€27,441 | +40.9% |
| Financial income | 75/76B | €67,731 | €1,892 | -€65,839 | -97.2% |
| Recurring financial income | 75 | €3,411 | €1,892 | -€1,519 | -44.5% |
| Non-recurring financial income | 76B | €64,320 | - | -€64,320 | |
| Financial charges | 65/66B | €2,862 | €1,004 | -€1,858 | -64.9% |
| Recurring financial charges | 65 | €2,862 | €1,004 | -€1,858 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €131,891 | €95,350 | -€36,541 | -27.7% |
| Income taxes | 67/77 | €22,382 | €31,234 | +€8,852 | +39.5% |
| Profit (loss) for the period | 9904 | €109,508 | €64,116 | -€45,392 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,508 | €64,116 | -€45,392 | -41.5% |
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 1 October 2026 via checked.be.