XCO ENGINEERING: 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.
XCO ENGINEERING
Largest movements
- Cash +€31,346
up €31,346 (+149.5%), from €20,967 to €52,313
mainly Net result for the year (+€15,355) and Current investments (+€12,000)
- Current investments -€12,000
no longer reported in 2025 (was €12,000)
- Receivables within one year -€719
down €719 (-63.9%), from €1,124 to €406
of which Trade receivables: -€871
- Profit (loss) carried forward +€15,355
up €15,355 (+87.5%), from -€17,551 to -€2,195
- Other debts +€2,200
up €2,200 (+59.4%), from €3,706 to €5,906
- Tax, wage and social debts +€1,391
up €1,391 (+65.7%), from €2,116 to €3,508
of which Remuneration and social security: +€1,000
- Gross operating margin +€12,356
up €12,356 (+413.4%), from €2,989 to €15,344
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 | €35,423 | €54,138 | +€18,715 | +52.8% |
| Fixed assets | 21/28 | €90 | - | -€90 | |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €35,333 | €54,138 | +€18,805 | +53.2% |
| Amounts receivable within one year | 40/41 | €1,124 | €406 | -€719 | -63.9% |
| Trade receivables | 40 | €871 | - | -€871 | |
| Other amounts receivable | 41 | €253 | €406 | +€152 | +60.2% |
| Current investments | 50/53 | €12,000 | - | -€12,000 | |
| Cash at bank and in hand | 54/58 | €20,967 | €52,313 | +€31,346 | +149.5% |
| Deferred charges and accrued income | 490/1 | €1,241 | €1,419 | +€177 | +14.3% |
| Total equity and liabilities | 10/49 | €35,423 | €54,138 | +€18,715 | +52.8% |
| Equity | 10/15 | €27,975 | €43,330 | +€15,355 | +54.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,326 | €39,326 | = | 0.0% |
| Distributable reserves | 133 | €39,326 | €39,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,551 | -€2,195 | +€15,355 | +87.5% |
| Amounts payable | 17/49 | €7,448 | €10,807 | +€3,359 | +45.1% |
| Amounts payable within one year | 42/48 | €7,448 | €10,807 | +€3,359 | +45.1% |
| Trade debts | 44 | €1,626 | €1,394 | -€232 | -14.3% |
| Suppliers | 440/4 | €1,626 | €1,394 | -€232 | -14.3% |
| Taxes, remuneration and social security | 45 | €2,116 | €3,508 | +€1,391 | +65.7% |
| Taxes | 450/3 | €2,116 | €2,508 | +€391 | +18.5% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €3,706 | €5,906 | +€2,200 | +59.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,989 | €15,344 | +€12,356 | +413.4% |
| Operating profit (loss) | 9901 | €2,601 | €14,945 | +€12,343 | +474.5% |
| Financial income | 75/76B | €513 | €508 | -€5 | -0.9% |
| Recurring financial income | 75 | €513 | €508 | -€5 | -0.9% |
| Financial charges | 65/66B | €93 | €97 | +€4 | +4.5% |
| Recurring financial charges | 65 | €93 | €97 | +€4 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €3,021 | €15,355 | +€12,334 | +408.3% |
| Profit (loss) for the period | 9904 | €3,021 | €15,355 | +€12,334 | +408.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,021 | €15,355 | +€12,334 | +408.3% |
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 5 October 2026 via checked.be.