XL DRUMS: 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.
XL DRUMS
Largest movements
- Stocks and contracts -€6,958
down €6,958 (-16.6%), from €42,016 to €35,058
- Receivables within one year +€1,801
up €1,801 (+32.1%), from €5,603 to €7,404
- Tangible fixed assets -€1,415
down €1,415 (-73.8%), from €1,918 to €503
of which Plant, machinery and equipment: -€754
- Cash -€878
down €878 (-69.6%), from €1,261 to €384
mainly Net result for the year (-€6,861) and Receivables within one year (-€1,801)
- Profit (loss) carried forward -€6,861
down €6,861 (-12.1%), from -€56,538 to -€63,398
- Depreciation -€1,966
down €1,966 (-58.1%), from €3,381 to €1,415
- Other operating charges -€420
down €420 (-83.2%), from €505 to €85
- Financial income -€142
down €142 (-41.2%), from €344 to €202
- Write-downs -€100
down €100 (-2.0%), from €5,100 to €5,000
- Gross operating margin +€92
up €92 (+15.4%), from -€601 to -€508
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,924 | €46,474 | -€7,450 | -13.8% |
| Fixed assets | 21/28 | €5,043 | €3,628 | -€1,415 | -28.1% |
| Intangible fixed assets | 21 | €3,125 | €3,125 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,918 | €503 | -€1,415 | -73.8% |
| Land and buildings | 22 | €661 | - | -€661 | |
| Plant, machinery and equipment | 23 | €1,257 | €503 | -€754 | -60.0% |
| Current assets | 29/58 | €48,881 | €42,846 | -€6,035 | -12.3% |
| Stocks and contracts in progress | 3 | €42,016 | €35,058 | -€6,958 | -16.6% |
| Stocks | 30/36 | €42,016 | €35,058 | -€6,958 | -16.6% |
| Amounts receivable within one year | 40/41 | €5,603 | €7,404 | +€1,801 | +32.1% |
| Trade receivables | 40 | €5,603 | €7,404 | +€1,801 | +32.1% |
| Cash at bank and in hand | 54/58 | €1,261 | €384 | -€878 | -69.6% |
| Total equity and liabilities | 10/49 | €53,924 | €46,474 | -€7,450 | -13.8% |
| Equity | 10/15 | -€44,138 | -€50,998 | -€6,861 | -15.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,538 | -€63,398 | -€6,861 | -12.1% |
| Amounts payable | 17/49 | €98,061 | €97,472 | -€589 | -0.6% |
| Amounts payable after more than one year | 17 | €85,540 | €85,545 | +€5 | 0.0% |
| Financial debts | 170/4 | €85,540 | €85,545 | +€5 | 0.0% |
| Amounts payable within one year | 42/48 | €12,521 | €11,927 | -€594 | -4.7% |
| Trade debts | 44 | €218 | - | -€218 | |
| Suppliers | 440/4 | €218 | - | -€218 | |
| Taxes, remuneration and social security | 45 | €847 | €471 | -€376 | -44.4% |
| Taxes | 450/3 | €847 | €471 | -€376 | -44.4% |
| Other amounts payable | 47/48 | €11,455 | €11,455 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,381 | €1,415 | -€1,966 | -58.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,100 | €5,000 | -€100 | -2.0% |
| Other operating charges | 640/8 | €505 | €85 | -€420 | -83.2% |
| Gross operating margin | 9900 | -€601 | -€508 | +€92 | +15.4% |
| Operating profit (loss) | 9901 | -€9,586 | -€7,008 | +€2,578 | +26.9% |
| Financial income | 75/76B | €344 | €202 | -€142 | -41.2% |
| Recurring financial income | 75 | €344 | €202 | -€142 | -41.2% |
| Financial charges | 65/66B | €32 | €55 | +€23 | +73.7% |
| Recurring financial charges | 65 | €32 | €55 | +€23 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,274 | -€6,861 | +€2,413 | +26.0% |
| Profit (loss) for the period | 9904 | -€9,274 | -€6,861 | +€2,413 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,274 | -€6,861 | +€2,413 | +26.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.