XDev: 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.
XDev
Largest movements
- Receivables within one year +€6,346
up €6,346 (+33.9%), from €18,719 to €25,065
of which Trade receivables: +€3,682
- Cash -€1,399
down €1,399 (-2.8%), from €49,627 to €48,228
mainly Contributions, distributions and other (-€17,250) and Receivables within one year (-€6,346)
- Reserves +€18,935
up €18,935 (+54.4%), from €34,795 to €53,730
- Profit (loss) carried forward -€14,460
no longer reported in 2025 (was €14,460)
- Tax, wage and social debts +€1,532
up €1,532 (+213.4%), from €718 to €2,250
- Other debts -€1,500
down €1,500 (-9.1%), from €16,500 to €15,000
- Gross operating margin -€10,786
down €10,786 (-27.2%), from €39,669 to €28,883
- Taxes -€2,392
down €2,392 (-29.4%), from €8,144 to €5,752
- Other operating charges +€633
new in 2025: €633
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 | €68,841 | €73,294 | +€4,453 | +6.5% |
| Fixed assets | 21/28 | €494 | - | -€494 | |
| Tangible fixed assets | 22/27 | €494 | - | -€494 | |
| Plant, machinery and equipment | 23 | €494 | - | -€494 | |
| Current assets | 29/58 | €68,347 | €73,294 | +€4,947 | +7.2% |
| Amounts receivable within one year | 40/41 | €18,719 | €25,065 | +€6,346 | +33.9% |
| Trade receivables | 40 | €6,363 | €10,044 | +€3,682 | +57.9% |
| Other amounts receivable | 41 | €12,357 | €15,021 | +€2,665 | +21.6% |
| Cash at bank and in hand | 54/58 | €49,627 | €48,228 | -€1,399 | -2.8% |
| Total equity and liabilities | 10/49 | €68,841 | €73,294 | +€4,453 | +6.5% |
| Equity | 10/15 | €50,705 | €55,180 | +€4,475 | +8.8% |
| Contributions | 10/11 | €1,450 | €1,450 | = | 0.0% |
| Reserves | 13 | €34,795 | €53,730 | +€18,935 | +54.4% |
| Distributable reserves | 133 | €34,795 | €53,730 | +€18,935 | +54.4% |
| Profit (loss) carried forward | 14 | €14,460 | - | -€14,460 | |
| Amounts payable | 17/49 | €18,136 | €18,114 | -€23 | -0.1% |
| Amounts payable within one year | 42/48 | €18,136 | €18,114 | -€23 | -0.1% |
| Trade debts | 44 | €919 | €864 | -€55 | -6.0% |
| Suppliers | 440/4 | €919 | €864 | -€55 | -6.0% |
| Taxes, remuneration and social security | 45 | €718 | €2,250 | +€1,532 | +213.4% |
| Taxes | 450/3 | €718 | €2,250 | +€1,532 | +213.4% |
| Other amounts payable | 47/48 | €16,500 | €15,000 | -€1,500 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494 | €494 | = | 0.0% |
| Other operating charges | 640/8 | - | €633 | +€633 | |
| Gross operating margin | 9900 | €39,669 | €28,883 | -€10,786 | -27.2% |
| Operating profit (loss) | 9901 | €39,174 | €27,756 | -€11,419 | -29.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €70 | €278 | +€208 | +295.9% |
| Recurring financial charges | 65 | €70 | €278 | +€208 | +295.9% |
| Profit (loss) for the period before taxes | 9903 | €39,104 | €27,478 | -€11,626 | -29.7% |
| Income taxes | 67/77 | €8,144 | €5,752 | -€2,392 | -29.4% |
| Profit (loss) for the period | 9904 | €30,960 | €21,725 | -€9,234 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,960 | €21,725 | -€9,234 | -29.8% |
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.