xFIVE: 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.
xFIVE
Largest movements
- Cash -€52,151
down €52,151 (-61.1%), from €85,345 to €33,194
mainly Trade debts (-€42,643) and Net result for the year (-€6,674)
- Receivables within one year +€4,092
up €4,092 (+4.9%), from €83,502 to €87,594
of which Other amounts receivable: +€11,580
- Trade debts -€42,643
down €42,643 (-41.4%), from €102,980 to €60,337
- Profit (loss) carried forward -€6,674
down €6,674 (-26.4%), from -€25,257 to -€31,931
- Gross operating margin -€32,354
down €32,354, from €26,487 to -€5,867
- Taxes -€11,469
no longer reported in 2025 (was €11,469)
- Financial charges -€662
down €662 (-47.2%), from €1,403 to €741
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 | €179,251 | €131,192 | -€48,060 | -26.8% |
| Fixed assets | 21/28 | €10,404 | €10,404 | = | 0.0% |
| Financial fixed assets | 28 | €10,404 | €10,404 | = | 0.0% |
| Current assets | 29/58 | €168,847 | €120,788 | -€48,060 | -28.5% |
| Amounts receivable within one year | 40/41 | €83,502 | €87,594 | +€4,092 | +4.9% |
| Trade receivables | 40 | €83,502 | €76,014 | -€7,488 | -9.0% |
| Other amounts receivable | 41 | - | €11,580 | +€11,580 | |
| Cash at bank and in hand | 54/58 | €85,345 | €33,194 | -€52,151 | -61.1% |
| Total equity and liabilities | 10/49 | €179,251 | €131,192 | -€48,060 | -26.8% |
| Equity | 10/15 | €65,398 | €58,724 | -€6,674 | -10.2% |
| Contributions | 10/11 | €83,350 | €83,350 | = | 0.0% |
| Reserves | 13 | €7,305 | €7,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,305 | €7,305 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,305 | €7,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,257 | -€31,931 | -€6,674 | -26.4% |
| Amounts payable | 17/49 | €113,853 | €72,468 | -€41,386 | -36.3% |
| Amounts payable within one year | 42/48 | €113,853 | €72,468 | -€41,386 | -36.3% |
| Trade debts | 44 | €102,980 | €60,337 | -€42,643 | -41.4% |
| Suppliers | 440/4 | €102,980 | €60,337 | -€42,643 | -41.4% |
| Taxes, remuneration and social security | 45 | €5,285 | €6,542 | +€1,258 | +23.8% |
| Taxes | 450/3 | €5,285 | €6,542 | +€1,258 | +23.8% |
| Other amounts payable | 47/48 | €5,588 | €5,588 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €26,487 | -€5,867 | -€32,354 | |
| Operating profit (loss) | 9901 | €26,423 | -€5,933 | -€32,356 | |
| Financial charges | 65/66B | €1,403 | €741 | -€662 | -47.2% |
| Recurring financial charges | 65 | €1,403 | €741 | -€662 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €25,020 | -€6,674 | -€31,694 | |
| Income taxes | 67/77 | €11,469 | - | -€11,469 | |
| Profit (loss) for the period | 9904 | €13,551 | -€6,674 | -€20,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,551 | -€6,674 | -€20,225 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.