XD ACCOUNT: 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.
XD ACCOUNT
Largest movements
- Tangible fixed assets -€13,476
down €13,476 (-5.1%), from €262,925 to €249,449
of which Land and buildings: -€12,801
- Receivables within one year +€11,509
up €11,509 (+16.0%), from €72,093 to €83,602
of which Trade receivables: +€10,818
- Other debts -€58,981
down €58,981 (-42.0%), from €140,272 to €81,291
- Tax, wage and social debts +€33,876
up €33,876 (+164%), from €20,673 to €54,549
of which Remuneration and social security: +€19,375
- Profit (loss) carried forward +€27,656
up €27,656, from -€8,932 to €18,724
- Debts after one year -€16,394
down €16,394 (-16.2%), from €101,306 to €84,913
of which Financial debts: -€16,394
- Short-term financial debts +€5,028
new in 2025: €5,028
- Gross operating margin +€2,184
up €2,184 (+4.6%), from €47,014 to €49,198
- Other operating charges +€1,224
up €1,224 (+75.4%), from €1,622 to €2,846
- Financial charges -€589
down €589 (-10.1%), from €5,809 to €5,220
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 | €336,504 | €333,153 | -€3,351 | -1.0% |
| Fixed assets | 21/28 | €262,974 | €249,498 | -€13,476 | -5.1% |
| Tangible fixed assets | 22/27 | €262,925 | €249,449 | -€13,476 | -5.1% |
| Land and buildings | 22 | €261,188 | €248,387 | -€12,801 | -4.9% |
| Plant, machinery and equipment | 23 | €1,148 | €826 | -€321 | -28.0% |
| Furniture and vehicles | 24 | €588 | €236 | -€353 | -59.9% |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €73,531 | €83,655 | +€10,125 | +13.8% |
| Amounts receivable within one year | 40/41 | €72,093 | €83,602 | +€11,509 | +16.0% |
| Trade receivables | 40 | €67,960 | €78,778 | +€10,818 | +15.9% |
| Other amounts receivable | 41 | €4,132 | €4,824 | +€691 | +16.7% |
| Cash at bank and in hand | 54/58 | €1,153 | - | -€1,153 | |
| Deferred charges and accrued income | 490/1 | €285 | €53 | -€232 | -81.3% |
| Total equity and liabilities | 10/49 | €336,504 | €333,153 | -€3,351 | -1.0% |
| Equity | 10/15 | €46,068 | €73,724 | +€27,656 | +60.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,932 | €18,724 | +€27,656 | |
| Amounts payable | 17/49 | €290,436 | €259,429 | -€31,007 | -10.7% |
| Amounts payable after more than one year | 17 | €101,306 | €84,913 | -€16,394 | -16.2% |
| Financial debts | 170/4 | €51,306 | €34,913 | -€16,394 | -32.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €189,130 | €174,516 | -€14,614 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €15,706 | €16,394 | +€687 | +4.4% |
| Financial debts | 43 | - | €5,028 | +€5,028 | |
| Credit institutions | 430/8 | - | €5,028 | +€5,028 | |
| Trade debts | 44 | €12,478 | €17,254 | +€4,776 | +38.3% |
| Suppliers | 440/4 | €12,478 | €17,254 | +€4,776 | +38.3% |
| Taxes, remuneration and social security | 45 | €20,673 | €54,549 | +€33,876 | +164% |
| Taxes | 450/3 | €673 | €15,174 | +€14,501 | +2,154% |
| Remuneration and social security | 454/9 | €20,000 | €39,375 | +€19,375 | +96.9% |
| Other amounts payable | 47/48 | €140,272 | €81,291 | -€58,981 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,932 | €13,476 | -€457 | -3.3% |
| Other operating charges | 640/8 | €1,622 | €2,846 | +€1,224 | +75.4% |
| Non-recurring operating charges | 66A | €45 | - | -€45 | |
| Gross operating margin | 9900 | €47,014 | €49,198 | +€2,184 | +4.6% |
| Operating profit (loss) | 9901 | €31,414 | €32,876 | +€1,462 | +4.7% |
| Financial charges | 65/66B | €5,809 | €5,220 | -€589 | -10.1% |
| Recurring financial charges | 65 | €5,809 | €5,220 | -€589 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €25,605 | €27,656 | +€2,051 | +8.0% |
| Profit (loss) for the period | 9904 | €25,605 | €27,656 | +€2,051 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,605 | €27,656 | +€2,051 | +8.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.