XequalsY: 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.
XequalsY
Largest movements
- Cash -€1,131
down €1,131 (-55.9%), from €2,021 to €891
mainly Net result for the year (-€1,022) and Trade debts (-€415)
- Receivables within one year -€306
down €306 (-70.2%), from €436 to €130
- Profit (loss) carried forward -€1,022
down €1,022 (-29.4%), from -€3,478 to -€4,500
- Trade debts -€415
down €415 (-21.4%), from €1,935 to €1,521
- Other operating charges +€259
up €259 (+103.5%), from €251 to €510
- Gross operating margin +€246
up €246 (+34.9%), from -€704 to -€458
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 | €2,458 | €1,021 | -€1,437 | -58.5% |
| Current assets | 29/58 | €2,458 | €1,021 | -€1,437 | -58.5% |
| Amounts receivable within one year | 40/41 | €436 | €130 | -€306 | -70.2% |
| Other amounts receivable | 41 | €436 | €130 | -€306 | -70.2% |
| Cash at bank and in hand | 54/58 | €2,021 | €891 | -€1,131 | -55.9% |
| Total equity and liabilities | 10/49 | €2,458 | €1,021 | -€1,437 | -58.5% |
| Equity | 10/15 | €522 | -€500 | -€1,022 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,478 | -€4,500 | -€1,022 | -29.4% |
| Amounts payable | 17/49 | €1,935 | €1,521 | -€415 | -21.4% |
| Amounts payable within one year | 42/48 | €1,935 | €1,521 | -€415 | -21.4% |
| Trade debts | 44 | €1,935 | €1,521 | -€415 | -21.4% |
| Suppliers | 440/4 | €1,935 | €1,521 | -€415 | -21.4% |
| Other operating charges | 640/8 | €251 | €510 | +€259 | +103.5% |
| Gross operating margin | 9900 | -€704 | -€458 | +€246 | +34.9% |
| Operating profit (loss) | 9901 | -€955 | -€968 | -€13 | -1.4% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,006 | -€1,022 | -€16 | -1.6% |
| Profit (loss) for the period | 9904 | -€1,006 | -€1,022 | -€16 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,006 | -€1,022 | -€16 | -1.6% |
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 3 October 2026 via checked.be.