XLABS: 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.
XLABS
Largest movements
- Receivables within one year +€37,535
up €37,535 (+222.6%), from €16,860 to €54,395
of which Trade receivables: +€36,046
- Tangible fixed assets -€9,864
down €9,864 (-20.2%), from €48,821 to €38,956
of which Furniture and vehicles: -€10,431
- Cash +€1,238
up €1,238 (+6.9%), from €17,940 to €19,178
mainly Net result for the year (+€41,417) and Depreciation (+€10,724)
- Reserves +€41,417
new in 2025: €41,417
- Other debts -€15,166
down €15,166 (-83.7%), from €18,123 to €2,958
- Debts after one year -€8,884
down €8,884 (-26.6%), from €33,457 to €24,574
- Tax, wage and social debts +€8,820
up €8,820 (+71.5%), from €12,340 to €21,161
of which Remuneration and social security: +€4,842
- Accrued charges and deferred income +€3,714
up €3,714 (+317.5%), from €1,170 to €4,884
- Gross operating margin +€43,908
up €43,908 (+156.8%), from €28,001 to €71,909
- Taxes +€11,550
up €11,550 (+238.2%), from €4,849 to €16,399
- Depreciation +€5,335
up €5,335 (+99.0%), from €5,389 to €10,724
- Financial charges +€1,734
up €1,734 (+171.8%), from €1,009 to €2,743
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.
Cash bridge derived
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 | €83,620 | €112,529 | +€28,909 | +34.6% |
| Fixed assets | 21/28 | €48,821 | €38,956 | -€9,864 | -20.2% |
| Tangible fixed assets | 22/27 | €48,821 | €38,956 | -€9,864 | -20.2% |
| Plant, machinery and equipment | 23 | €1,266 | €1,833 | +€567 | +44.8% |
| Furniture and vehicles | 24 | €47,555 | €37,123 | -€10,431 | -21.9% |
| Current assets | 29/58 | €34,799 | €73,572 | +€38,773 | +111.4% |
| Amounts receivable within one year | 40/41 | €16,860 | €54,395 | +€37,535 | +222.6% |
| Trade receivables | 40 | €9,547 | €45,593 | +€36,046 | +377.6% |
| Other amounts receivable | 41 | €7,313 | €8,802 | +€1,489 | +20.4% |
| Cash at bank and in hand | 54/58 | €17,940 | €19,178 | +€1,238 | +6.9% |
| Total equity and liabilities | 10/49 | €83,620 | €112,529 | +€28,909 | +34.6% |
| Equity | 10/15 | €8,651 | €50,069 | +€41,417 | +478.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €41,417 | +€41,417 | |
| Distributable reserves | 133 | - | €41,417 | +€41,417 | |
| Profit (loss) carried forward | 14 | €7,651 | €7,651 | = | 0.0% |
| Amounts payable | 17/49 | €74,969 | €62,460 | -€12,509 | -16.7% |
| Amounts payable after more than one year | 17 | €33,457 | €24,574 | -€8,884 | -26.6% |
| Financial debts | 170/4 | €33,457 | €24,574 | -€8,884 | -26.6% |
| Amounts payable within one year | 42/48 | €40,342 | €33,002 | -€7,340 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €8,553 | €8,884 | +€331 | +3.9% |
| Trade debts | 44 | €1,325 | - | -€1,325 | |
| Suppliers | 440/4 | €1,325 | - | -€1,325 | |
| Taxes, remuneration and social security | 45 | €12,340 | €21,161 | +€8,820 | +71.5% |
| Taxes | 450/3 | €9,425 | €13,403 | +€3,978 | +42.2% |
| Remuneration and social security | 454/9 | €2,916 | €7,758 | +€4,842 | +166.1% |
| Other amounts payable | 47/48 | €18,123 | €2,958 | -€15,166 | -83.7% |
| Accrued charges and deferred income | 492/3 | €1,170 | €4,884 | +€3,714 | +317.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,389 | €10,724 | +€5,335 | +99.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €326 | €1,035 | +€709 | +217.2% |
| Gross operating margin | 9900 | €28,001 | €71,909 | +€43,908 | +156.8% |
| Operating profit (loss) | 9901 | €22,286 | €60,150 | +€37,865 | +169.9% |
| Financial income | 75/76B | €67 | €409 | +€342 | +508.6% |
| Recurring financial income | 75 | €67 | €409 | +€342 | +508.6% |
| Financial charges | 65/66B | €1,009 | €2,743 | +€1,734 | +171.8% |
| Recurring financial charges | 65 | €1,009 | €2,743 | +€1,734 | +171.8% |
| Profit (loss) for the period before taxes | 9903 | €21,344 | €57,816 | +€36,472 | +170.9% |
| Income taxes | 67/77 | €4,849 | €16,399 | +€11,550 | +238.2% |
| Profit (loss) for the period | 9904 | €16,495 | €41,417 | +€24,923 | +151.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,495 | €41,417 | +€24,923 | +151.1% |
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 11 October 2026 via checked.be.