XCommerce: 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.
XCommerce
Largest movements
- Cash -€32,352
down €32,352 (-59.1%), from €54,773 to €22,421
mainly Net result for the year (-€51,338) and Tax, wage and social debts (-€10,395)
- Receivables within one year -€18,987
down €18,987 (-16.0%), from €119,031 to €100,044
of which Trade receivables: -€23,981
- Intangible fixed assets +€6,501
new in 2025: €6,501
- Profit (loss) carried forward -€51,338
down €51,338 (-86.7%), from -€59,220 to -€110,558
- Trade debts +€18,002
up €18,002 (+87.0%), from €20,689 to €38,691
- Tax, wage and social debts -€10,395
no longer reported in 2025 (was €10,395)
- Gross operating margin +€9,669
up €9,669 (+15.8%), from -€61,313 to -€51,644
- Financial income +€1,368
new in 2025: €1,368
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 | €174,405 | €130,674 | -€43,731 | -25.1% |
| Fixed assets | 21/28 | - | €6,501 | +€6,501 | |
| Intangible fixed assets | 21 | - | €6,501 | +€6,501 | |
| Current assets | 29/58 | €174,405 | €124,173 | -€50,232 | -28.8% |
| Amounts receivable within one year | 40/41 | €119,031 | €100,044 | -€18,987 | -16.0% |
| Trade receivables | 40 | €94,636 | €70,655 | -€23,981 | -25.3% |
| Other amounts receivable | 41 | €24,395 | €29,389 | +€4,994 | +20.5% |
| Cash at bank and in hand | 54/58 | €54,773 | €22,421 | -€32,352 | -59.1% |
| Deferred charges and accrued income | 490/1 | €601 | €1,708 | +€1,107 | +184.2% |
| Total equity and liabilities | 10/49 | €174,405 | €130,674 | -€43,731 | -25.1% |
| Equity | 10/15 | €143,321 | €91,982 | -€51,338 | -35.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €190,141 | €190,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,679 | €33,679 | = | 0.0% |
| Distributable reserves | 133 | €154,602 | €154,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,220 | -€110,558 | -€51,338 | -86.7% |
| Amounts payable | 17/49 | €31,084 | €38,691 | +€7,607 | +24.5% |
| Amounts payable within one year | 42/48 | €31,084 | €38,691 | +€7,607 | +24.5% |
| Trade debts | 44 | €20,689 | €38,691 | +€18,002 | +87.0% |
| Suppliers | 440/4 | €20,689 | €38,691 | +€18,002 | +87.0% |
| Taxes, remuneration and social security | 45 | €10,395 | - | -€10,395 | |
| Taxes | 450/3 | €10,395 | - | -€10,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €519 | +€519 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€61,313 | -€51,644 | +€9,669 | +15.8% |
| Operating profit (loss) | 9901 | -€61,698 | -€52,551 | +€9,147 | +14.8% |
| Financial income | 75/76B | - | €1,368 | +€1,368 | |
| Recurring financial income | 75 | - | €1,368 | +€1,368 | |
| Financial charges | 65/66B | €139 | €156 | +€16 | +11.5% |
| Recurring financial charges | 65 | €139 | €156 | +€16 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€61,837 | -€51,338 | +€10,499 | +17.0% |
| Profit (loss) for the period | 9904 | -€61,837 | -€51,338 | +€10,499 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,837 | -€51,338 | +€10,499 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.