XLG Réalisation: 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.
XLG Réalisation
Largest movements
- Stocks and contracts -€418,979
down €418,979 (-45.2%), from €927,046 to €508,066
- Other debts -€250,995
down €250,995 (-27.2%), from €922,916 to €671,921
- Profit (loss) carried forward -€170,240
down €170,240 (-35.0%), from -€486,089 to -€656,329
- Other operating charges +€142,225
up €142,225 (+2,295%), from €6,198 to €148,422
- Write-downs -€28,421
no longer reported in 2025 (was €28,421)
- Financial charges +€8,926
up €8,926 (+289%), from €3,092 to €12,019
- Staff costs -€989
no longer reported in 2025 (was €989)
- Gross operating margin +€974
up €974 (+9.3%), from -€10,425 to -€9,450
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 | €945,677 | €522,332 | -€423,345 | -44.8% |
| Fixed assets | 21/28 | €884 | €535 | -€349 | -39.5% |
| Tangible fixed assets | 22/27 | €884 | €535 | -€349 | -39.5% |
| Plant, machinery and equipment | 23 | €884 | €535 | -€349 | -39.5% |
| Current assets | 29/58 | €944,794 | €521,798 | -€422,996 | -44.8% |
| Stocks and contracts in progress | 3 | €927,046 | €508,066 | -€418,979 | -45.2% |
| Stocks | 30/36 | €927,046 | €508,066 | -€418,979 | -45.2% |
| Amounts receivable within one year | 40/41 | €634 | €1,397 | +€764 | +120% |
| Trade receivables | 40 | - | €1,080 | +€1,080 | |
| Other amounts receivable | 41 | €634 | €317 | -€317 | -49.9% |
| Cash at bank and in hand | 54/58 | €17,114 | €12,050 | -€5,064 | -29.6% |
| Deferred charges and accrued income | 490/1 | - | €284 | +€284 | |
| Total equity and liabilities | 10/49 | €945,677 | €522,332 | -€423,345 | -44.8% |
| Equity | 10/15 | €13,911 | -€156,329 | -€170,240 | |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€486,089 | -€656,329 | -€170,240 | -35.0% |
| Amounts payable | 17/49 | €931,766 | €678,662 | -€253,104 | -27.2% |
| Amounts payable within one year | 42/48 | €931,766 | €678,662 | -€253,104 | -27.2% |
| Trade debts | 44 | €5,788 | €3,679 | -€2,110 | -36.4% |
| Suppliers | 440/4 | €5,788 | €3,679 | -€2,110 | -36.4% |
| Taxes, remuneration and social security | 45 | €3,062 | €3,062 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,062 | €3,062 | = | 0.0% |
| Other amounts payable | 47/48 | €922,916 | €671,921 | -€250,995 | -27.2% |
| Remuneration, social security and pensions | 62 | €989 | - | -€989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €349 | -€113 | -24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,421 | - | -€28,421 | |
| Other operating charges | 640/8 | €6,198 | €148,422 | +€142,225 | +2,295% |
| Gross operating margin | 9900 | -€10,425 | -€9,450 | +€974 | +9.3% |
| Operating profit (loss) | 9901 | -€46,494 | -€158,222 | -€111,728 | -240% |
| Financial charges | 65/66B | €3,092 | €12,019 | +€8,926 | +289% |
| Recurring financial charges | 65 | €3,092 | €12,019 | +€8,926 | +289% |
| Profit (loss) for the period before taxes | 9903 | -€49,587 | -€170,240 | -€120,654 | -243% |
| Profit (loss) for the period | 9904 | -€49,587 | -€170,240 | -€120,654 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,587 | -€170,240 | -€120,654 | -243% |
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 19 October 2026 via checked.be.