XIMATRANS: 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.
XIMATRANS
Largest movements
- Receivables within one year +€83,499
up €83,499 (+82.3%), from €101,412 to €184,911
of which Trade receivables: +€70,834
- Cash -€8,114
down €8,114 (-10.1%), from €80,230 to €72,116
mainly Receivables within one year (-€83,499) and Contributions, distributions and other (-€34,590)
- Deferred charges and accrued income -€3,042
down €3,042 (-36.5%), from €8,330 to €5,288
- Trade debts +€76,074
up €76,074 (+112%), from €67,924 to €143,998
- Other debts +€32,711
up €32,711 (+5,325%), from €614 to €33,325
- Reserves -€18,081
down €18,081 (-25.5%), from €70,935 to €52,854
of which Distributable reserves: -€18,081
- Advances received -€10,656
down €10,656 (-100%), from €10,656 to €0
- Tax, wage and social debts -€7,704
down €7,704 (-30.6%), from €25,157 to €17,453
of which Taxes: -€9,043
- Gross operating margin -€25,568
down €25,568 (-25.0%), from €102,172 to €76,604
- Staff costs +€14,118
up €14,118 (+40.5%), from €34,893 to €49,011
- Taxes -€8,007
down €8,007 (-46.4%), from €17,257 to €9,250
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 | €193,879 | €266,222 | +€72,344 | +37.3% |
| Fixed assets | 21/28 | €3,907 | €3,907 | = | 0.0% |
| Financial fixed assets | 28 | €3,907 | €3,907 | = | 0.0% |
| Current assets | 29/58 | €189,971 | €262,315 | +€72,344 | +38.1% |
| Amounts receivable within one year | 40/41 | €101,412 | €184,911 | +€83,499 | +82.3% |
| Trade receivables | 40 | €83,923 | €154,757 | +€70,834 | +84.4% |
| Other amounts receivable | 41 | €17,489 | €30,154 | +€12,665 | +72.4% |
| Cash at bank and in hand | 54/58 | €80,230 | €72,116 | -€8,114 | -10.1% |
| Deferred charges and accrued income | 490/1 | €8,330 | €5,288 | -€3,042 | -36.5% |
| Total equity and liabilities | 10/49 | €193,879 | €266,222 | +€72,344 | +37.3% |
| Equity | 10/15 | €89,527 | €71,446 | -€18,081 | -20.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €70,935 | €52,854 | -€18,081 | -25.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,610 | €2,610 | = | 0.0% |
| Distributable reserves | 133 | €66,466 | €48,384 | -€18,081 | -27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €104,351 | €194,777 | +€90,425 | +86.7% |
| Amounts payable within one year | 42/48 | €104,351 | €194,777 | +€90,425 | +86.7% |
| Trade debts | 44 | €67,924 | €143,998 | +€76,074 | +112% |
| Suppliers | 440/4 | €67,924 | €143,998 | +€76,074 | +112% |
| Advances received on contracts in progress | 46 | €10,656 | €0 | -€10,656 | -100% |
| Taxes, remuneration and social security | 45 | €25,157 | €17,453 | -€7,704 | -30.6% |
| Taxes | 450/3 | €20,515 | €11,472 | -€9,043 | -44.1% |
| Remuneration and social security | 454/9 | €4,642 | €5,981 | +€1,339 | +28.9% |
| Other amounts payable | 47/48 | €614 | €33,325 | +€32,711 | +5,325% |
| Remuneration, social security and pensions | 62 | €34,893 | €49,011 | +€14,118 | +40.5% |
| Other operating charges | 640/8 | €1,226 | €861 | -€365 | -29.8% |
| Gross operating margin | 9900 | €102,172 | €76,604 | -€25,568 | -25.0% |
| Operating profit (loss) | 9901 | €66,054 | €26,732 | -€39,321 | -59.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €365 | €974 | +€609 | +167% |
| Recurring financial charges | 65 | €365 | €974 | +€609 | +167% |
| Profit (loss) for the period before taxes | 9903 | €65,689 | €25,758 | -€39,930 | -60.8% |
| Income taxes | 67/77 | €17,257 | €9,250 | -€8,007 | -46.4% |
| Profit (loss) for the period | 9904 | €48,432 | €16,509 | -€31,924 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,432 | €16,509 | -€31,924 | -65.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.