XOXOXOXO: 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.
XOXOXOXO
Largest movements
- Cash +€8,144
up €8,144 (+380%), from €2,145 to €10,289
mainly Receivables within one year (+€4,401) and Tax, wage and social debts (+€3,472)
- Receivables within one year -€4,401
down €4,401 (-25.1%), from €17,536 to €13,135
of which Trade receivables: -€6,111
- Tangible fixed assets +€1,549
up €1,549 (+35.2%), from €4,398 to €5,947
of which Furniture and vehicles: +€2,908
- Formation expenses -€978
no longer reported in 2025 (was €978)
- Deferred charges and accrued income +€459
new in 2025: €459
- Tax, wage and social debts +€3,472
up €3,472 (+74.1%), from €4,688 to €8,159
- Trade debts +€964
new in 2025: €964
- Reserves +€337
up €337 (+2.2%), from €15,370 to €15,707
- Gross operating margin -€15,310
down €15,310 (-71.7%), from €21,359 to €6,049
- Taxes -€2,572
down €2,572 (-66.8%), from €3,847 to €1,275
- Financial charges +€1,514
up €1,514 (+1,949%), from €78 to €1,592
- Depreciation +€1,059
up €1,059 (+53.4%), from €1,985 to €3,043
- Financial income +€291
up €291 (+94.8%), from €307 to €599
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 | €25,058 | €29,830 | +€4,773 | +19.0% |
| Formation expenses | 20 | €978 | - | -€978 | |
| Fixed assets | 21/28 | €4,398 | €5,947 | +€1,549 | +35.2% |
| Tangible fixed assets | 22/27 | €4,398 | €5,947 | +€1,549 | +35.2% |
| Plant, machinery and equipment | 23 | €4,398 | €3,039 | -€1,359 | -30.9% |
| Furniture and vehicles | 24 | - | €2,908 | +€2,908 | |
| Current assets | 29/58 | €19,681 | €23,883 | +€4,202 | +21.3% |
| Amounts receivable within one year | 40/41 | €17,536 | €13,135 | -€4,401 | -25.1% |
| Trade receivables | 40 | €7,394 | €1,283 | -€6,111 | -82.7% |
| Other amounts receivable | 41 | €10,142 | €11,853 | +€1,711 | +16.9% |
| Cash at bank and in hand | 54/58 | €2,145 | €10,289 | +€8,144 | +380% |
| Deferred charges and accrued income | 490/1 | - | €459 | +€459 | |
| Total equity and liabilities | 10/49 | €25,058 | €29,830 | +€4,773 | +19.0% |
| Equity | 10/15 | €20,370 | €20,707 | +€337 | +1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,370 | €15,707 | +€337 | +2.2% |
| Distributable reserves | 133 | €15,370 | €15,707 | +€337 | +2.2% |
| Amounts payable | 17/49 | €4,688 | €9,123 | +€4,436 | +94.6% |
| Amounts payable within one year | 42/48 | €4,688 | €9,123 | +€4,436 | +94.6% |
| Trade debts | 44 | - | €964 | +€964 | |
| Suppliers | 440/4 | - | €964 | +€964 | |
| Taxes, remuneration and social security | 45 | €4,688 | €8,159 | +€3,472 | +74.1% |
| Taxes | 450/3 | €4,688 | €8,159 | +€3,472 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,985 | €3,043 | +€1,059 | +53.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €21,359 | €6,049 | -€15,310 | -71.7% |
| Operating profit (loss) | 9901 | €18,988 | €2,606 | -€16,382 | -86.3% |
| Financial income | 75/76B | €307 | €599 | +€291 | +94.8% |
| Recurring financial income | 75 | €307 | €599 | +€291 | +94.8% |
| Financial charges | 65/66B | €78 | €1,592 | +€1,514 | +1,949% |
| Recurring financial charges | 65 | €78 | €1,592 | +€1,514 | +1,949% |
| Profit (loss) for the period before taxes | 9903 | €19,217 | €1,612 | -€17,605 | -91.6% |
| Income taxes | 67/77 | €3,847 | €1,275 | -€2,572 | -66.8% |
| Profit (loss) for the period | 9904 | €15,370 | €337 | -€15,033 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,370 | €337 | -€15,033 | -97.8% |
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 29 October 2026 via checked.be.