XING DA: 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.
XING DA
Largest movements
- Stocks and contracts -€20,000
down €20,000 (-8.7%), from €229,416 to €209,416
- Tangible fixed assets -€5,833
down €5,833 (-26.4%), from €22,111 to €16,278
of which Other tangible fixed assets: -€5,833
- Cash -€4,379
down €4,379 (-27.0%), from €16,228 to €11,848
mainly Other debts (-€16,636) and Tax, wage and social debts (-€14,882)
- Other debts -€16,636
down €16,636 (-15.9%), from €104,795 to €88,159
- Tax, wage and social debts -€14,882
down €14,882 (-32.6%), from €45,611 to €30,729
of which Taxes: -€16,803
- Profit (loss) carried forward +€8,446
up €8,446 (+11.7%), from €72,082 to €80,528
- Debts after one year -€5,970
down €5,970 (-26.6%), from €22,438 to €16,468
- Turnover -€416,666
no longer reported in 2024 (was €416,666)
- Purchases and services -€355,015
no longer reported in 2024 (was €355,015)
- Gross operating margin -€39,130
down €39,130 (-59.7%), from €65,549 to €26,419
- Financial income +€23,597
up €23,597 (+11076.8%), from €213 to €23,810
- Taxes -€9,613
down €9,613, from €8,199 to -€1,413
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,561 | €248,365 | -€30,196 | -10.8% |
| Fixed assets | 21/28 | €22,111 | €16,278 | -€5,833 | -26.4% |
| Tangible fixed assets | 22/27 | €22,111 | €16,278 | -€5,833 | -26.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €22,111 | €16,278 | -€5,833 | -26.4% |
| Current assets | 29/58 | €256,450 | €232,087 | -€24,363 | -9.5% |
| Stocks and contracts in progress | 3 | €229,416 | €209,416 | -€20,000 | -8.7% |
| Stocks | 30/36 | €229,416 | €209,416 | -€20,000 | -8.7% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,228 | €11,848 | -€4,379 | -27.0% |
| Deferred charges and accrued income | 490/1 | €806 | €823 | +€16 | +2.0% |
| Total equity and liabilities | 10/49 | €278,561 | €248,365 | -€30,196 | -10.8% |
| Equity | 10/15 | €92,542 | €100,988 | +€8,446 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,082 | €80,528 | +€8,446 | +11.7% |
| Amounts payable | 17/49 | €186,019 | €147,377 | -€38,641 | -20.8% |
| Amounts payable after more than one year | 17 | €22,438 | €16,468 | -€5,970 | -26.6% |
| Financial debts | 170/4 | €22,438 | €16,468 | -€5,970 | -26.6% |
| Amounts payable within one year | 42/48 | €163,581 | €130,910 | -€32,671 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €5,970 | €5,970 | = | 0.0% |
| Trade debts | 44 | €7,204 | €6,052 | -€1,152 | -16.0% |
| Suppliers | 440/4 | €7,204 | €6,052 | -€1,152 | -16.0% |
| Taxes, remuneration and social security | 45 | €45,611 | €30,729 | -€14,882 | -32.6% |
| Taxes | 450/3 | €40,666 | €23,863 | -€16,803 | -41.3% |
| Remuneration and social security | 454/9 | €4,945 | €6,866 | +€1,921 | +38.8% |
| Other amounts payable | 47/48 | €104,795 | €88,159 | -€16,636 | -15.9% |
| Turnover | 70 | €416,666 | - | -€416,666 | |
| Goods, raw materials, services and sundry goods | 60/61 | €355,015 | - | -€355,015 | |
| Remuneration, social security and pensions | 62 | €27,596 | €34,444 | +€6,848 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,833 | €5,833 | = | 0.0% |
| Other operating charges | 640/8 | €779 | €1,986 | +€1,207 | +154.9% |
| Gross operating margin | 9900 | €65,549 | €26,419 | -€39,130 | -59.7% |
| Operating profit (loss) | 9901 | €31,342 | -€15,843 | -€47,185 | |
| Financial income | 75/76B | €213 | €23,810 | +€23,597 | +11076.8% |
| Recurring financial income | 75 | €213 | €23,810 | +€23,597 | +11076.8% |
| Financial charges | 65/66B | €843 | €935 | +€91 | +10.8% |
| Recurring financial charges | 65 | €843 | €935 | +€91 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €30,712 | €7,032 | -€23,679 | -77.1% |
| Income taxes | 67/77 | €8,199 | -€1,413 | -€9,613 | |
| Profit (loss) for the period | 9904 | €22,512 | €8,446 | -€14,067 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,512 | €8,446 | -€14,067 | -62.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.