XC-IT: 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.
XC-IT
Largest movements
- Cash +€28,879
up €28,879 (+46.1%), from €62,704 to €91,583
mainly Net result for the year (+€28,266) and Trade debts (+€16,098)
- Receivables within one year +€18,330
up €18,330 (+27.1%), from €67,688 to €86,019
of which Trade receivables: +€17,630
- Tangible fixed assets -€12,554
down €12,554 (-24.8%), from €50,560 to €38,006
of which Furniture and vehicles: -€11,573
- Deferred charges and accrued income +€2,233
up €2,233 (+2,017%), from €111 to €2,343
- Reserves +€28,363
up €28,363 (+24.9%), from €113,799 to €142,162
of which Distributable reserves: +€30,223
- Trade debts +€16,098
up €16,098 (+1,514%), from €1,064 to €17,162
- Debts after one year -€13,624
down €13,624 (-43.7%), from €31,162 to €17,538
- Tax, wage and social debts +€5,797
up €5,797 (+37.5%), from €15,468 to €21,265
of which Taxes: +€5,775
- Gross operating margin -€8,021
down €8,021 (-12.4%), from €64,816 to €56,794
- Taxes -€6,589
down €6,589 (-33.9%), from €19,429 to €12,841
- Other operating charges -€1,598
down €1,598 (-60.0%), from €2,665 to €1,067
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 | €181,062 | €217,951 | +€36,888 | +20.4% |
| Fixed assets | 21/28 | €50,560 | €38,006 | -€12,554 | -24.8% |
| Tangible fixed assets | 22/27 | €50,560 | €38,006 | -€12,554 | -24.8% |
| Land and buildings | 22 | €1,000 | €750 | -€250 | -25.0% |
| Plant, machinery and equipment | 23 | €2,923 | €2,192 | -€731 | -25.0% |
| Furniture and vehicles | 24 | €46,637 | €35,064 | -€11,573 | -24.8% |
| Current assets | 29/58 | €130,503 | €179,945 | +€49,442 | +37.9% |
| Amounts receivable within one year | 40/41 | €67,688 | €86,019 | +€18,330 | +27.1% |
| Trade receivables | 40 | €20,145 | €37,774 | +€17,630 | +87.5% |
| Other amounts receivable | 41 | €47,544 | €48,244 | +€701 | +1.5% |
| Cash at bank and in hand | 54/58 | €62,704 | €91,583 | +€28,879 | +46.1% |
| Deferred charges and accrued income | 490/1 | €111 | €2,343 | +€2,233 | +2,017% |
| Total equity and liabilities | 10/49 | €181,062 | €217,951 | +€36,888 | +20.4% |
| Equity | 10/15 | €120,096 | €148,362 | +€28,266 | +23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €113,799 | €142,162 | +€28,363 | +24.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €111,939 | €142,162 | +€30,223 | +27.0% |
| Profit (loss) carried forward | 14 | €97 | €0 | -€97 | -100% |
| Amounts payable | 17/49 | €60,966 | €69,589 | +€8,622 | +14.1% |
| Amounts payable after more than one year | 17 | €31,162 | €17,538 | -€13,624 | -43.7% |
| Financial debts | 170/4 | €31,162 | €17,538 | -€13,624 | -43.7% |
| Amounts payable within one year | 42/48 | €29,804 | €52,051 | +€22,246 | +74.6% |
| Current portion of amounts payable after more than one year | 42 | €13,273 | €13,624 | +€351 | +2.6% |
| Trade debts | 44 | €1,064 | €17,162 | +€16,098 | +1,514% |
| Suppliers | 440/4 | €1,064 | €17,162 | +€16,098 | +1,514% |
| Taxes, remuneration and social security | 45 | €15,468 | €21,265 | +€5,797 | +37.5% |
| Taxes | 450/3 | €12,668 | €18,443 | +€5,775 | +45.6% |
| Remuneration and social security | 454/9 | €2,800 | €2,822 | +€22 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,030 | €16,054 | +€24 | +0.1% |
| Other operating charges | 640/8 | €2,665 | €1,067 | -€1,598 | -60.0% |
| Gross operating margin | 9900 | €64,816 | €56,794 | -€8,021 | -12.4% |
| Operating profit (loss) | 9901 | €46,121 | €39,674 | -€6,447 | -14.0% |
| Financial income | 75/76B | €2,494 | €2,629 | +€136 | +5.4% |
| Recurring financial income | 75 | €2,494 | €2,629 | +€136 | +5.4% |
| Financial charges | 65/66B | €1,568 | €1,197 | -€371 | -23.7% |
| Recurring financial charges | 65 | €1,568 | €1,197 | -€371 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €47,047 | €41,106 | -€5,940 | -12.6% |
| Income taxes | 67/77 | €19,429 | €12,841 | -€6,589 | -33.9% |
| Profit (loss) for the period | 9904 | €27,618 | €28,266 | +€648 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,618 | €28,266 | +€648 | +2.3% |
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 17 October 2026 via checked.be.