XLM Group: 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.
XLM Group
Largest movements
- Cash +€1,091
up €1,091 (+23.5%), from €4,641 to €5,732
mainly Net result for the year (+€1,390)
- Profit (loss) carried forward +€1,390
up €1,390 (+140%), from €994 to €2,384
- Tax, wage and social debts -€299
down €299 (-46.2%), from €647 to €348
- Other operating charges -€1,235
down €1,235 (-69.3%), from €1,781 to €546
- Gross operating margin -€969
down €969 (-28.3%), from €3,420 to €2,451
- Taxes -€300
down €300 (-46.3%), from €648 to €348
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,641 | €5,732 | +€1,091 | +23.5% |
| Current assets | 29/58 | €4,641 | €5,732 | +€1,091 | +23.5% |
| Cash at bank and in hand | 54/58 | €4,641 | €5,732 | +€1,091 | +23.5% |
| Total equity and liabilities | 10/49 | €4,641 | €5,732 | +€1,091 | +23.5% |
| Equity | 10/15 | €3,994 | €5,384 | +€1,390 | +34.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €994 | €2,384 | +€1,390 | +140% |
| Amounts payable | 17/49 | €647 | €348 | -€299 | -46.2% |
| Amounts payable within one year | 42/48 | €647 | €348 | -€299 | -46.2% |
| Taxes, remuneration and social security | 45 | €647 | €348 | -€299 | -46.2% |
| Taxes | 450/3 | €647 | €348 | -€299 | -46.2% |
| Other operating charges | 640/8 | €1,781 | €546 | -€1,235 | -69.3% |
| Gross operating margin | 9900 | €3,420 | €2,451 | -€969 | -28.3% |
| Operating profit (loss) | 9901 | €1,639 | €1,905 | +€266 | +16.2% |
| Financial charges | 65/66B | €181 | €167 | -€14 | -7.7% |
| Recurring financial charges | 65 | €181 | €167 | -€14 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €1,458 | €1,738 | +€280 | +19.2% |
| Income taxes | 67/77 | €648 | €348 | -€300 | -46.3% |
| Profit (loss) for the period | 9904 | €810 | €1,390 | +€580 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €810 | €1,390 | +€580 | +71.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.