XCE Automation: 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.
XCE Automation
Largest movements
- Receivables within one year -€91,766
down €91,766 (-48.5%), from €189,238 to €97,472
of which Trade receivables: -€81,911
- Cash +€22,888
new in 2025: €22,888
mainly Receivables within one year (+€91,766) and Tax, wage and social debts (+€24,833)
- Stocks and contracts +€14,103
new in 2025: €14,103
of which Stocks: +€11,445
- Deferred charges and accrued income +€2,319
new in 2025: €2,319
- Profit (loss) carried forward -€51,939
new in 2025: -€51,939
- Tax, wage and social debts +€24,833
up €24,833 (+563%), from €4,408 to €29,241
of which Remuneration and social security: +€14,089
- Short-term financial debts -€24,725
down €24,725 (-100%), from €24,725 to €0
- Staff costs +€55,836
up €55,836 (+328%), from €17,031 to €72,867
- Gross operating margin -€4,409
down €4,409 (-15.8%), from €27,897 to €23,487
- Taxes -€2,375
down €2,375 (-93.7%), from €2,535 to €160
- Financial charges +€1,323
up €1,323 (+166%), from €797 to €2,121
- Financial income +€325
new in 2025: €325
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 | €189,238 | €137,708 | -€51,531 | -27.2% |
| Fixed assets | 21/28 | - | €926 | +€926 | |
| Tangible fixed assets | 22/27 | - | €926 | +€926 | |
| Plant, machinery and equipment | 23 | - | €926 | +€926 | |
| Current assets | 29/58 | €189,238 | €136,782 | -€52,456 | -27.7% |
| Stocks and contracts in progress | 3 | - | €14,103 | +€14,103 | |
| Stocks | 30/36 | - | €11,445 | +€11,445 | |
| Contracts in progress | 37 | - | €2,658 | +€2,658 | |
| Amounts receivable within one year | 40/41 | €189,238 | €97,472 | -€91,766 | -48.5% |
| Trade receivables | 40 | €179,383 | €97,472 | -€81,911 | -45.7% |
| Other amounts receivable | 41 | €9,855 | €0 | -€9,855 | -100% |
| Cash at bank and in hand | 54/58 | - | €22,888 | +€22,888 | |
| Deferred charges and accrued income | 490/1 | - | €2,319 | +€2,319 | |
| Total equity and liabilities | 10/49 | €189,238 | €137,708 | -€51,531 | -27.2% |
| Equity | 10/15 | €81,917 | €29,978 | -€51,939 | -63.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €6,917 | €6,917 | = | 0.0% |
| Distributable reserves | 133 | €6,917 | €6,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,939 | -€51,939 | |
| Amounts payable | 17/49 | €107,321 | €107,729 | +€408 | +0.4% |
| Amounts payable within one year | 42/48 | €107,321 | €107,242 | -€79 | -0.1% |
| Financial debts | 43 | €24,725 | €0 | -€24,725 | -100% |
| Credit institutions | 430/8 | €24,725 | €0 | -€24,725 | -100% |
| Trade debts | 44 | €76,538 | €78,001 | +€1,463 | +1.9% |
| Suppliers | 440/4 | €76,538 | €78,001 | +€1,463 | +1.9% |
| Taxes, remuneration and social security | 45 | €4,408 | €29,241 | +€24,833 | +563% |
| Taxes | 450/3 | €2,535 | €13,279 | +€10,744 | +424% |
| Remuneration and social security | 454/9 | €1,873 | €15,962 | +€14,089 | +752% |
| Other amounts payable | 47/48 | €1,650 | €0 | -€1,650 | -100% |
| Accrued charges and deferred income | 492/3 | - | €487 | +€487 | |
| Remuneration, social security and pensions | 62 | €17,031 | €72,867 | +€55,836 | +328% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €49 | +€49 | |
| Other operating charges | 640/8 | €617 | €554 | -€62 | -10.1% |
| Gross operating margin | 9900 | €27,897 | €23,487 | -€4,409 | -15.8% |
| Operating profit (loss) | 9901 | €10,249 | -€49,983 | -€60,232 | |
| Financial income | 75/76B | - | €325 | +€325 | |
| Recurring financial income | 75 | - | €325 | +€325 | |
| Financial charges | 65/66B | €797 | €2,121 | +€1,323 | +166% |
| Recurring financial charges | 65 | €797 | €2,121 | +€1,323 | +166% |
| Profit (loss) for the period before taxes | 9903 | €9,452 | -€51,779 | -€61,231 | |
| Income taxes | 67/77 | €2,535 | €160 | -€2,375 | -93.7% |
| Profit (loss) for the period | 9904 | €6,917 | -€51,939 | -€58,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,917 | -€51,939 | -€58,856 |
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 22 October 2026 via checked.be.