XDSD: 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.
XDSD
Largest movements
- Receivables within one year +€6,221
up €6,221 (+23.1%), from €26,948 to €33,168
of which Trade receivables: +€3,891
- Tangible fixed assets -€1,601
down €1,601 (-31.6%), from €5,066 to €3,465
- Cash +€967
up €967 (+29.7%), from €3,259 to €4,226
mainly Net result for the year (+€10,780) and Tax, wage and social debts (+€1,992)
- Profit (loss) carried forward +€10,780
up €10,780 (+130.9%), from €8,234 to €19,013
- Debts after one year -€2,997
down €2,997 (-32.4%), from €9,265 to €6,267
- Current portion of long-term debt -€2,738
down €2,738 (-47.7%), from €5,735 to €2,997
- Other debts -€2,456
no longer reported in 2025 (was €2,456)
- Tax, wage and social debts +€1,992
up €1,992 (+28.2%), from €7,069 to €9,061
- Turnover -€109,858
no longer reported in 2025 (was €109,858)
- Purchases and services -€93,395
no longer reported in 2025 (was €93,395)
- Financial charges -€2,911
down €2,911 (-86.3%), from €3,371 to €461
- Financial income +€2,807
up €2,807 (+7781.1%), from €36 to €2,843
- Gross operating margin -€2,656
down €2,656 (-16.1%), from €16,463 to €13,806
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 | €35,273 | €40,860 | +€5,587 | +15.8% |
| Fixed assets | 21/28 | €5,066 | €3,465 | -€1,601 | -31.6% |
| Tangible fixed assets | 22/27 | €5,066 | €3,465 | -€1,601 | -31.6% |
| Plant, machinery and equipment | 23 | €5,066 | €3,465 | -€1,601 | -31.6% |
| Current assets | 29/58 | €30,207 | €37,395 | +€7,188 | +23.8% |
| Amounts receivable within one year | 40/41 | €26,948 | €33,168 | +€6,221 | +23.1% |
| Trade receivables | 40 | €11,948 | €15,839 | +€3,891 | +32.6% |
| Other amounts receivable | 41 | €15,000 | €17,329 | +€2,329 | +15.5% |
| Cash at bank and in hand | 54/58 | €3,259 | €4,226 | +€967 | +29.7% |
| Total equity and liabilities | 10/49 | €35,273 | €40,860 | +€5,587 | +15.8% |
| Equity | 10/15 | €10,734 | €21,513 | +€10,780 | +100.4% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,234 | €19,013 | +€10,780 | +130.9% |
| Amounts payable | 17/49 | €24,540 | €19,347 | -€5,193 | -21.2% |
| Amounts payable after more than one year | 17 | €9,265 | €6,267 | -€2,997 | -32.4% |
| Financial debts | 170/4 | €9,265 | €6,267 | -€2,997 | -32.4% |
| Amounts payable within one year | 42/48 | €15,275 | €13,079 | -€2,196 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €5,735 | €2,997 | -€2,738 | -47.7% |
| Trade debts | 44 | €15 | €1,021 | +€1,006 | +6723.7% |
| Suppliers | 440/4 | €15 | €1,021 | +€1,006 | +6723.7% |
| Taxes, remuneration and social security | 45 | €7,069 | €9,061 | +€1,992 | +28.2% |
| Taxes | 450/3 | €7,069 | €9,061 | +€1,992 | +28.2% |
| Other amounts payable | 47/48 | €2,456 | - | -€2,456 | |
| Turnover | 70 | €109,858 | - | -€109,858 | |
| Goods, raw materials, services and sundry goods | 60/61 | €93,395 | - | -€93,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,045 | €1,601 | +€556 | +53.2% |
| Other operating charges | 640/8 | €473 | €407 | -€66 | -14.0% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €16,463 | €13,806 | -€2,656 | -16.1% |
| Operating profit (loss) | 9901 | €14,882 | €11,798 | -€3,083 | -20.7% |
| Financial income | 75/76B | €36 | €2,843 | +€2,807 | +7781.1% |
| Recurring financial income | 75 | €36 | €2,843 | +€2,807 | +7781.1% |
| Financial charges | 65/66B | €3,371 | €461 | -€2,911 | -86.3% |
| Recurring financial charges | 65 | €3,371 | €461 | -€2,911 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | €11,546 | €14,180 | +€2,634 | +22.8% |
| Income taxes | 67/77 | €3,313 | €3,401 | +€88 | +2.6% |
| Profit (loss) for the period | 9904 | €8,234 | €10,780 | +€2,546 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,234 | €10,780 | +€2,546 | +30.9% |
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 1 October 2026 via checked.be.