Xolid Engineering: 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.
Xolid Engineering
Largest movements
- Cash +€45,209
up €45,209 (+36.8%), from €122,889 to €168,098
mainly Other debts (+€122,776) and Net result for the year (+€99,933)
- Current investments +€39,000
up €39,000 (+30.4%), from €128,495 to €167,495
- Receivables within one year +€31,263
up €31,263 (+18.7%), from €167,428 to €198,691
of which Trade receivables: +€24,626
- Tangible fixed assets -€7,030
down €7,030 (-13.3%), from €52,741 to €45,711
of which Furniture and vehicles: -€3,915
- Other debts +€122,776
up €122,776 (+1255.8%), from €9,777 to €132,553
- Reserves -€46,044
down €46,044 (-11.8%), from €389,207 to €343,163
- Tax, wage and social debts +€16,499
up €16,499 (+23.3%), from €70,749 to €87,249
of which Taxes: +€14,475
- Contributions +€12,350
up €12,350 (+199.2%), from €6,200 to €18,550
- Gross operating margin -€17,887
down €17,887 (-10.9%), from €163,855 to €145,968
- Taxes -€13,500
down €13,500 (-30.2%), from €44,658 to €31,158
- Financial income +€2,929
up €2,929 (+237.5%), from €1,233 to €4,162
- Depreciation +€1,893
up €1,893 (+13.3%), from €14,192 to €16,084
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 | €479,166 | €587,867 | +€108,702 | +22.7% |
| Fixed assets | 21/28 | €52,741 | €45,711 | -€7,030 | -13.3% |
| Tangible fixed assets | 22/27 | €52,741 | €45,711 | -€7,030 | -13.3% |
| Plant, machinery and equipment | 23 | €3,714 | €600 | -€3,114 | -83.9% |
| Furniture and vehicles | 24 | €49,027 | €45,111 | -€3,915 | -8.0% |
| Current assets | 29/58 | €426,425 | €542,156 | +€115,731 | +27.1% |
| Amounts receivable within one year | 40/41 | €167,428 | €198,691 | +€31,263 | +18.7% |
| Trade receivables | 40 | €165,418 | €190,044 | +€24,626 | +14.9% |
| Other amounts receivable | 41 | €2,010 | €8,646 | +€6,637 | +330.3% |
| Current investments | 50/53 | €128,495 | €167,495 | +€39,000 | +30.4% |
| Cash at bank and in hand | 54/58 | €122,889 | €168,098 | +€45,209 | +36.8% |
| Deferred charges and accrued income | 490/1 | €7,614 | €7,873 | +€259 | +3.4% |
| Total equity and liabilities | 10/49 | €479,166 | €587,867 | +€108,702 | +22.7% |
| Equity | 10/15 | €395,407 | €361,713 | -€33,694 | -8.5% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199.2% |
| Reserves | 13 | €389,207 | €343,163 | -€46,044 | -11.8% |
| Distributable reserves | 133 | €389,207 | €343,163 | -€46,044 | -11.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €83,759 | €226,154 | +€142,396 | +170.0% |
| Amounts payable within one year | 42/48 | €83,432 | €225,817 | +€142,385 | +170.7% |
| Trade debts | 44 | €2,906 | €6,015 | +€3,110 | +107.0% |
| Suppliers | 440/4 | €2,906 | €6,015 | +€3,110 | +107.0% |
| Taxes, remuneration and social security | 45 | €70,749 | €87,249 | +€16,499 | +23.3% |
| Taxes | 450/3 | €70,749 | €85,225 | +€14,475 | +20.5% |
| Remuneration and social security | 454/9 | - | €2,024 | +€2,024 | |
| Other amounts payable | 47/48 | €9,777 | €132,553 | +€122,776 | +1255.8% |
| Accrued charges and deferred income | 492/3 | €327 | €338 | +€11 | +3.3% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,192 | €16,084 | +€1,893 | +13.3% |
| Other operating charges | 640/8 | €801 | €225 | -€576 | -71.9% |
| Gross operating margin | 9900 | €163,855 | €145,968 | -€17,887 | -10.9% |
| Operating profit (loss) | 9901 | €148,863 | €129,659 | -€19,204 | -12.9% |
| Financial income | 75/76B | €1,233 | €4,162 | +€2,929 | +237.5% |
| Recurring financial income | 75 | €1,233 | €4,162 | +€2,929 | +237.5% |
| Financial charges | 65/66B | €1,352 | €2,729 | +€1,378 | +101.9% |
| Recurring financial charges | 65 | €1,352 | €2,729 | +€1,378 | +101.9% |
| Profit (loss) for the period before taxes | 9903 | €148,744 | €131,091 | -€17,653 | -11.9% |
| Income taxes | 67/77 | €44,658 | €31,158 | -€13,500 | -30.2% |
| Profit (loss) for the period | 9904 | €104,086 | €99,933 | -€4,153 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €104,086 | €99,933 | -€4,153 | -4.0% |
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 12 October 2026 via checked.be.