XDGI: 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.
XDGI
Largest movements
- Receivables within one year -€59,513
down €59,513 (-56.0%), from €106,315 to €46,801
of which Other amounts receivable: -€58,893
- Tangible fixed assets +€42,257
up €42,257 (+2.9%), from €1.5m to €1.5m
- Cash +€23,653
up €23,653 (+67.3%), from €35,120 to €58,773
mainly Net result for the year (+€83,173) and Receivables within one year (+€59,513)
- Reserves +€437,982
up €437,982 (+5953.4%), from €7,357 to €445,339
- Profit (loss) carried forward -€354,809
no longer reported in 2025 (was €354,809)
- Debts after one year -€129,522
down €129,522 (-15.1%), from €858,561 to €729,039
- Trade debts +€26,227
up €26,227 (+738.9%), from €3,549 to €29,776
- Other debts +€24,092
up €24,092 (+33.4%), from €72,050 to €96,142
- Other operating charges +€7,090
up €7,090 (+23.1%), from €30,704 to €37,794
- Gross operating margin +€3,864
up €3,864 (+1.8%), from €216,340 to €220,204
- Taxes -€2,990
down €2,990 (-10.9%), from €27,559 to €24,569
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 | €1,609,695 | €1,616,093 | +€6,397 | +0.4% |
| Fixed assets | 21/28 | €1,468,261 | €1,510,518 | +€42,257 | +2.9% |
| Tangible fixed assets | 22/27 | €1,468,261 | €1,510,518 | +€42,257 | +2.9% |
| Land and buildings | 22 | €1,468,261 | €1,510,518 | +€42,257 | +2.9% |
| Current assets | 29/58 | €141,435 | €105,574 | -€35,860 | -25.4% |
| Amounts receivable within one year | 40/41 | €106,315 | €46,801 | -€59,513 | -56.0% |
| Trade receivables | 40 | €25,356 | €24,736 | -€620 | -2.4% |
| Other amounts receivable | 41 | €80,958 | €22,065 | -€58,893 | -72.7% |
| Cash at bank and in hand | 54/58 | €35,120 | €58,773 | +€23,653 | +67.3% |
| Total equity and liabilities | 10/49 | €1,609,695 | €1,616,093 | +€6,397 | +0.4% |
| Equity | 10/15 | €542,166 | €625,339 | +€83,173 | +15.3% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €7,357 | €445,339 | +€437,982 | +5953.4% |
| Distributable reserves | 133 | €7,357 | €445,339 | +€437,982 | +5953.4% |
| Profit (loss) carried forward | 14 | €354,809 | - | -€354,809 | |
| Amounts payable | 17/49 | €1,067,530 | €990,754 | -€76,776 | -7.2% |
| Amounts payable after more than one year | 17 | €858,561 | €729,039 | -€129,522 | -15.1% |
| Financial debts | 170/4 | €858,561 | €729,039 | -€129,522 | -15.1% |
| Amounts payable within one year | 42/48 | €203,008 | €255,499 | +€52,492 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €127,349 | €129,522 | +€2,173 | +1.7% |
| Trade debts | 44 | €3,549 | €29,776 | +€26,227 | +738.9% |
| Suppliers | 440/4 | €3,549 | €29,776 | +€26,227 | +738.9% |
| Taxes, remuneration and social security | 45 | €59 | €59 | = | 0.0% |
| Taxes | 450/3 | €59 | €59 | = | 0.0% |
| Other amounts payable | 47/48 | €72,050 | €96,142 | +€24,092 | +33.4% |
| Accrued charges and deferred income | 492/3 | €5,961 | €6,215 | +€254 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,259 | €52,399 | +€1,141 | +2.2% |
| Other operating charges | 640/8 | €30,704 | €37,794 | +€7,090 | +23.1% |
| Gross operating margin | 9900 | €216,340 | €220,204 | +€3,864 | +1.8% |
| Operating profit (loss) | 9901 | €134,377 | €130,010 | -€4,367 | -3.3% |
| Financial charges | 65/66B | €24,140 | €22,268 | -€1,872 | -7.8% |
| Recurring financial charges | 65 | €24,140 | €22,268 | -€1,872 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €110,238 | €107,742 | -€2,496 | -2.3% |
| Income taxes | 67/77 | €27,559 | €24,569 | -€2,990 | -10.9% |
| Profit (loss) for the period | 9904 | €82,678 | €83,173 | +€495 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,678 | €83,173 | +€495 | +0.6% |
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 6 October 2026 via checked.be.