XLA Advice: 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.
XLA Advice
Largest movements
- Cash -€58,696
down €58,696 (-51.4%), from €114,166 to €55,470
mainly Other debts (-€75,081) and Tax, wage and social debts (-€7,244)
- Receivables within one year -€28,207
down €28,207 (-39.1%), from €72,230 to €44,023
of which Trade receivables: -€35,854
- Other debts -€75,081
down €75,081 (-45.5%), from €165,000 to €89,919
- Tax, wage and social debts -€7,244
down €7,244 (-44.3%), from €16,342 to €9,098
- Profit (loss) carried forward -€3,669
down €3,669, from €1,710 to -€1,960
- Gross operating margin -€46,092
down €46,092, from €43,026 to -€3,066
- Taxes -€8,857
no longer reported in 2025 (was €8,857)
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 | €186,654 | €100,875 | -€85,779 | -46.0% |
| Fixed assets | 21/28 | - | €1,007 | +€1,007 | |
| Tangible fixed assets | 22/27 | - | €1,007 | +€1,007 | |
| Furniture and vehicles | 24 | - | €1,007 | +€1,007 | |
| Current assets | 29/58 | €186,654 | €99,868 | -€86,785 | -46.5% |
| Amounts receivable within one year | 40/41 | €72,230 | €44,023 | -€28,207 | -39.1% |
| Trade receivables | 40 | €71,877 | €36,023 | -€35,854 | -49.9% |
| Other amounts receivable | 41 | €353 | €8,000 | +€7,647 | +2,166% |
| Cash at bank and in hand | 54/58 | €114,166 | €55,470 | -€58,696 | -51.4% |
| Deferred charges and accrued income | 490/1 | €257 | €376 | +€118 | +46.0% |
| Total equity and liabilities | 10/49 | €186,654 | €100,875 | -€85,779 | -46.0% |
| Equity | 10/15 | €4,710 | €1,040 | -€3,669 | -77.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,710 | -€1,960 | -€3,669 | |
| Amounts payable | 17/49 | €181,944 | €99,835 | -€82,110 | -45.1% |
| Amounts payable within one year | 42/48 | €181,944 | €99,835 | -€82,110 | -45.1% |
| Trade debts | 44 | €603 | €818 | +€216 | +35.8% |
| Suppliers | 440/4 | €603 | €818 | +€216 | +35.8% |
| Taxes, remuneration and social security | 45 | €16,342 | €9,098 | -€7,244 | -44.3% |
| Taxes | 450/3 | €16,342 | €9,098 | -€7,244 | -44.3% |
| Other amounts payable | 47/48 | €165,000 | €89,919 | -€75,081 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €190 | +€190 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €43,026 | -€3,066 | -€46,092 | |
| Operating profit (loss) | 9901 | €42,642 | -€3,644 | -€46,285 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €23 | €26 | +€2 | +10.1% |
| Recurring financial charges | 65 | €23 | €26 | +€2 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €42,619 | -€3,669 | -€46,288 | |
| Income taxes | 67/77 | €8,857 | - | -€8,857 | |
| Profit (loss) for the period | 9904 | €33,762 | -€3,669 | -€37,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,762 | -€3,669 | -€37,431 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.