XLNT Projects: 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.
XLNT Projects
Largest movements
- Cash +€32,612
up €32,612 (+50.5%), from €64,545 to €97,158
mainly Net result for the year (+€81,745) and Depreciation (+€4,232)
- Current investments +€30,000
up €30,000 (+80.0%), from €37,500 to €67,500
- Tangible fixed assets +€16,728
up €16,728 (+248.2%), from €6,740 to €23,468
of which Land and buildings: +€19,167
- Receivables within one year +€5,637
up €5,637 (+11.8%), from €47,922 to €53,559
- Reserves +€81,745
up €81,745 (+60.7%), from €134,595 to €216,340
- Other debts +€2,552
up €2,552 (+55.6%), from €4,586 to €7,138
- Gross operating margin +€2,881
up €2,881 (+2.7%), from €107,138 to €110,019
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 | €156,707 | €241,684 | +€84,978 | +54.2% |
| Fixed assets | 21/28 | €6,740 | €23,468 | +€16,728 | +248.2% |
| Tangible fixed assets | 22/27 | €6,740 | €23,468 | +€16,728 | +248.2% |
| Land and buildings | 22 | - | €19,167 | +€19,167 | |
| Plant, machinery and equipment | 23 | €2,018 | €1,009 | -€1,009 | -50.0% |
| Furniture and vehicles | 24 | €4,722 | €3,293 | -€1,430 | -30.3% |
| Current assets | 29/58 | €149,967 | €218,216 | +€68,249 | +45.5% |
| Amounts receivable within one year | 40/41 | €47,922 | €53,559 | +€5,637 | +11.8% |
| Trade receivables | 40 | €47,922 | €53,559 | +€5,637 | +11.8% |
| Current investments | 50/53 | €37,500 | €67,500 | +€30,000 | +80.0% |
| Cash at bank and in hand | 54/58 | €64,545 | €97,158 | +€32,612 | +50.5% |
| Total equity and liabilities | 10/49 | €156,707 | €241,684 | +€84,978 | +54.2% |
| Equity | 10/15 | €136,095 | €217,840 | +€81,745 | +60.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €134,595 | €216,340 | +€81,745 | +60.7% |
| Distributable reserves | 133 | €134,595 | €216,340 | +€81,745 | +60.7% |
| Amounts payable | 17/49 | €20,611 | €23,844 | +€3,233 | +15.7% |
| Amounts payable within one year | 42/48 | €20,611 | €23,844 | +€3,233 | +15.7% |
| Trade debts | 44 | €3,027 | €2,628 | -€399 | -13.2% |
| Suppliers | 440/4 | €3,027 | €2,628 | -€399 | -13.2% |
| Taxes, remuneration and social security | 45 | €12,998 | €14,078 | +€1,080 | +8.3% |
| Taxes | 450/3 | €12,718 | €13,438 | +€720 | +5.7% |
| Remuneration and social security | 454/9 | €280 | €640 | +€360 | +128.6% |
| Other amounts payable | 47/48 | €4,586 | €7,138 | +€2,552 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,133 | €4,232 | +€1,099 | +35.1% |
| Other operating charges | 640/8 | €357 | €204 | -€154 | -43.0% |
| Gross operating margin | 9900 | €107,138 | €110,019 | +€2,881 | +2.7% |
| Operating profit (loss) | 9901 | €103,648 | €105,583 | +€1,936 | +1.9% |
| Financial income | 75/76B | €0 | €128 | +€128 | +58190.9% |
| Recurring financial income | 75 | €0 | €128 | +€128 | +58190.9% |
| Financial charges | 65/66B | €2,268 | €2,365 | +€97 | +4.3% |
| Recurring financial charges | 65 | €2,268 | €2,365 | +€97 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €101,380 | €103,346 | +€1,967 | +1.9% |
| Income taxes | 67/77 | €20,833 | €21,601 | +€768 | +3.7% |
| Profit (loss) for the period | 9904 | €80,547 | €81,745 | +€1,198 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,547 | €81,745 | +€1,198 | +1.5% |
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.