XD Colorgrading: 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 Colorgrading
Largest movements
- Receivables within one year +€44,145
up €44,145 (+93.4%), from €47,286 to €91,431
of which Trade receivables: +€35,053
- Cash -€39,467
down €39,467 (-82.1%), from €48,082 to €8,615
mainly Receivables within one year (-€44,145) and Accrued charges and deferred income (-€9,603)
- Tangible fixed assets -€6,538
down €6,538 (-20.4%), from €32,058 to €25,520
of which Furniture and vehicles: -€5,758
- Other debts +€18,894
up €18,894 (+30.2%), from €62,461 to €81,355
- Accrued charges and deferred income -€9,603
down €9,603 (-34.0%), from €28,231 to €18,628
- Tax, wage and social debts -€9,185
down €9,185 (-56.7%), from €16,188 to €7,003
of which Taxes: -€9,264
- Trade debts -€8,605
down €8,605 (-73.1%), from €11,777 to €3,172
- Reserves +€6,571
up €6,571 (+65.9%), from €9,978 to €16,548
- Gross operating margin -€9,877
down €9,877 (-35.4%), from €27,885 to €18,008
- Depreciation -€3,025
down €3,025 (-28.4%), from €10,656 to €7,630
- Taxes -€2,243
down €2,243 (-40.3%), from €5,573 to €3,329
- Other operating charges -€364
down €364 (-85.7%), from €425 to €61
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 | €128,734 | €126,806 | -€1,929 | -1.5% |
| Fixed assets | 21/28 | €32,058 | €25,520 | -€6,538 | -20.4% |
| Tangible fixed assets | 22/27 | €32,058 | €25,520 | -€6,538 | -20.4% |
| Furniture and vehicles | 24 | €11,855 | €6,097 | -€5,758 | -48.6% |
| Other tangible fixed assets | 26 | €20,204 | €19,423 | -€781 | -3.9% |
| Current assets | 29/58 | €96,676 | €101,285 | +€4,610 | +4.8% |
| Amounts receivable within one year | 40/41 | €47,286 | €91,431 | +€44,145 | +93.4% |
| Trade receivables | 40 | €40,768 | €75,821 | +€35,053 | +86.0% |
| Other amounts receivable | 41 | €6,518 | €15,610 | +€9,093 | +139.5% |
| Cash at bank and in hand | 54/58 | €48,082 | €8,615 | -€39,467 | -82.1% |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,239 | -€69 | -5.3% |
| Total equity and liabilities | 10/49 | €128,734 | €126,806 | -€1,929 | -1.5% |
| Equity | 10/15 | €10,078 | €16,648 | +€6,571 | +65.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €9,978 | €16,548 | +€6,571 | +65.9% |
| Distributable reserves | 133 | €9,978 | €16,548 | +€6,571 | +65.9% |
| Amounts payable | 17/49 | €118,656 | €110,157 | -€8,499 | -7.2% |
| Amounts payable within one year | 42/48 | €90,425 | €91,529 | +€1,104 | +1.2% |
| Trade debts | 44 | €11,777 | €3,172 | -€8,605 | -73.1% |
| Suppliers | 440/4 | €11,777 | €3,172 | -€8,605 | -73.1% |
| Taxes, remuneration and social security | 45 | €16,188 | €7,003 | -€9,185 | -56.7% |
| Taxes | 450/3 | €13,341 | €4,077 | -€9,264 | -69.4% |
| Remuneration and social security | 454/9 | €2,847 | €2,926 | +€79 | +2.8% |
| Other amounts payable | 47/48 | €62,461 | €81,355 | +€18,894 | +30.2% |
| Accrued charges and deferred income | 492/3 | €28,231 | €18,628 | -€9,603 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,656 | €7,630 | -€3,025 | -28.4% |
| Other operating charges | 640/8 | €425 | €61 | -€364 | -85.7% |
| Non-recurring operating charges | 66A | €800 | - | -€800 | |
| Gross operating margin | 9900 | €27,885 | €18,008 | -€9,877 | -35.4% |
| Operating profit (loss) | 9901 | €16,004 | €10,317 | -€5,687 | -35.5% |
| Financial income | 75/76B | €42 | €6 | -€36 | -85.3% |
| Recurring financial income | 75 | €42 | €6 | -€36 | -85.3% |
| Financial charges | 65/66B | €495 | €423 | -€72 | -14.6% |
| Recurring financial charges | 65 | €495 | €423 | -€72 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €15,551 | €9,900 | -€5,651 | -36.3% |
| Income taxes | 67/77 | €5,573 | €3,329 | -€2,243 | -40.3% |
| Profit (loss) for the period | 9904 | €9,978 | €6,571 | -€3,407 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,978 | €6,571 | -€3,407 | -34.1% |
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 11 October 2026 via checked.be.