XDGH: 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.
XDGH
Largest movements
- Receivables within one year +€98,591
up €98,591 (+35.2%), from €279,913 to €378,505
of which Other amounts receivable: +€102,527
- Profit (loss) carried forward +€552,502
up €552,502 (+52.0%), from €1.1m to €1.6m
- Debts after one year -€512,406
down €512,406 (-12.4%), from €4.1m to €3.6m
- Financial charges -€15,682
down €15,682 (-6.6%), from €237,850 to €222,168
- Gross operating margin +€13,344
up €13,344 (+30.1%), from €44,325 to €57,669
- Other operating charges +€611
up €611 (+158%), from €387 to €998
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 | €6,277,412 | €6,328,939 | +€51,527 | +0.8% |
| Fixed assets | 21/28 | €5,948,000 | €5,948,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,948,000 | €5,948,000 | = | 0.0% |
| Current assets | 29/58 | €329,412 | €380,939 | +€51,527 | +15.6% |
| Amounts receivable within one year | 40/41 | €279,913 | €378,505 | +€98,591 | +35.2% |
| Trade receivables | 40 | €118,671 | €114,735 | -€3,936 | -3.3% |
| Other amounts receivable | 41 | €161,242 | €263,769 | +€102,527 | +63.6% |
| Cash at bank and in hand | 54/58 | €49,498 | €2,434 | -€47,064 | -95.1% |
| Total equity and liabilities | 10/49 | €6,277,412 | €6,328,939 | +€51,527 | +0.8% |
| Equity | 10/15 | €1,420,154 | €1,972,656 | +€552,502 | +38.9% |
| Contributions | 10/11 | €357,000 | €357,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,063,154 | €1,615,656 | +€552,502 | +52.0% |
| Amounts payable | 17/49 | €4,857,257 | €4,356,282 | -€500,975 | -10.3% |
| Amounts payable after more than one year | 17 | €4,148,949 | €3,636,543 | -€512,406 | -12.4% |
| Financial debts | 170/4 | €4,148,949 | €3,636,543 | -€512,406 | -12.4% |
| Amounts payable within one year | 42/48 | €708,250 | €719,681 | +€11,431 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €496,206 | €512,406 | +€16,200 | +3.3% |
| Trade debts | 44 | €58,384 | €53,615 | -€4,769 | -8.2% |
| Suppliers | 440/4 | €58,384 | €53,615 | -€4,769 | -8.2% |
| Other amounts payable | 47/48 | €153,660 | €153,660 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €58 | €58 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +158% |
| Gross operating margin | 9900 | €44,325 | €57,669 | +€13,344 | +30.1% |
| Operating profit (loss) | 9901 | €43,938 | €56,670 | +€12,733 | +29.0% |
| Financial income | 75/76B | €718,000 | €718,000 | -€0 | 0.0% |
| Recurring financial income | 75 | €718,000 | €718,000 | -€0 | 0.0% |
| Financial charges | 65/66B | €237,850 | €222,168 | -€15,682 | -6.6% |
| Recurring financial charges | 65 | €237,850 | €222,168 | -€15,682 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €524,088 | €552,502 | +€28,414 | +5.4% |
| Profit (loss) for the period | 9904 | €524,088 | €552,502 | +€28,414 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €524,088 | €552,502 | +€28,414 | +5.4% |
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 15 October 2026 via checked.be.