XITE Engineering: 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.
XITE Engineering
Largest movements
- Cash +€15,679
up €15,679 (+78.6%), from €19,937 to €35,616
mainly Net result for the year (+€35,120) and Depreciation (+€2,346)
- Receivables within one year +€10,651
up €10,651 (+132%), from €8,068 to €18,719
of which Trade receivables: +€9,842
- Tangible fixed assets +€5,927
up €5,927 (+112%), from €5,270 to €11,197
- Reserves +€34,287
up €34,287 (+152%), from €22,507 to €56,794
- Trade debts -€3,017
no longer reported in 2025 (was €3,017)
- Tax, wage and social debts +€943
up €943 (+13.7%), from €6,865 to €7,808
- Gross operating margin +€15,004
up €15,004 (+45.7%), from €32,815 to €47,819
- Taxes +€3,127
up €3,127 (+49.2%), from €6,356 to €9,483
- Depreciation +€1,958
up €1,958 (+504%), from €388 to €2,346
- Other operating charges -€1,360
down €1,360 (-72.1%), from €1,888 to €527
- Financial charges -€501
down €501 (-88.6%), from €566 to €65
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 | €36,072 | €68,185 | +€32,113 | +89.0% |
| Fixed assets | 21/28 | €5,270 | €11,197 | +€5,927 | +112% |
| Tangible fixed assets | 22/27 | €5,270 | €11,197 | +€5,927 | +112% |
| Plant, machinery and equipment | 23 | €4,193 | €5,333 | +€1,140 | +27.2% |
| Furniture and vehicles | 24 | €1,077 | €3,560 | +€2,483 | +231% |
| Other tangible fixed assets | 26 | - | €2,304 | +€2,304 | |
| Current assets | 29/58 | €30,803 | €56,988 | +€26,185 | +85.0% |
| Amounts receivable within one year | 40/41 | €8,068 | €18,719 | +€10,651 | +132% |
| Trade receivables | 40 | €3,668 | €13,510 | +€9,842 | +268% |
| Other amounts receivable | 41 | €4,400 | €5,209 | +€809 | +18.4% |
| Cash at bank and in hand | 54/58 | €19,937 | €35,616 | +€15,679 | +78.6% |
| Deferred charges and accrued income | 490/1 | €2,798 | €2,653 | -€145 | -5.2% |
| Total equity and liabilities | 10/49 | €36,072 | €68,185 | +€32,113 | +89.0% |
| Equity | 10/15 | €25,507 | €59,794 | +€34,287 | +134% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,507 | €56,794 | +€34,287 | +152% |
| Distributable reserves | 133 | €22,507 | €56,794 | +€34,287 | +152% |
| Amounts payable | 17/49 | €10,565 | €8,391 | -€2,174 | -20.6% |
| Amounts payable within one year | 42/48 | €10,565 | €8,391 | -€2,174 | -20.6% |
| Trade debts | 44 | €3,017 | - | -€3,017 | |
| Suppliers | 440/4 | €3,017 | - | -€3,017 | |
| Taxes, remuneration and social security | 45 | €6,865 | €7,808 | +€943 | +13.7% |
| Taxes | 450/3 | €6,865 | €7,808 | +€943 | +13.7% |
| Other amounts payable | 47/48 | €683 | €583 | -€100 | -14.6% |
| Remuneration, social security and pensions | 62 | €277 | €359 | +€82 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | €2,346 | +€1,958 | +504% |
| Other operating charges | 640/8 | €1,888 | €527 | -€1,360 | -72.1% |
| Gross operating margin | 9900 | €32,815 | €47,819 | +€15,004 | +45.7% |
| Operating profit (loss) | 9901 | €30,262 | €44,587 | +€14,324 | +47.3% |
| Financial income | 75/76B | - | €81 | +€81 | |
| Recurring financial income | 75 | - | €81 | +€81 | |
| Financial charges | 65/66B | €566 | €65 | -€501 | -88.6% |
| Recurring financial charges | 65 | €566 | €65 | -€501 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €29,696 | €44,603 | +€14,907 | +50.2% |
| Income taxes | 67/77 | €6,356 | €9,483 | +€3,127 | +49.2% |
| Profit (loss) for the period | 9904 | €23,340 | €35,120 | +€11,780 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,340 | €35,120 | +€11,780 | +50.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.