XPAIR COMMUNICATION: 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.
XPAIR COMMUNICATION
Largest movements
- Cash +€81,933
up €81,933 (+47.4%), from €172,947 to €254,881
mainly Net result for the year (+€197,106) and Trade debts (+€80,638)
- Trade debts +€80,638
up €80,638 (+34.2%), from €235,915 to €316,553
- Reserves -€47,651
down €47,651 (-100%), from €47,651 to €0
- Other debts +€44,757
up €44,757 (+22.4%), from €200,000 to €244,757
- Gross operating margin -€29,698
down €29,698 (-10.1%), from €293,920 to €264,222
- Staff costs -€13,313
down €13,313 (-18.2%), from €72,968 to €59,655
- Write-downs -€8,125
down €8,125 (-100%), from €8,125 to €0
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 | €523,202 | €600,383 | +€77,180 | +14.8% |
| Fixed assets | 21/28 | €7,514 | €3,325 | -€4,189 | -55.8% |
| Tangible fixed assets | 22/27 | €6,514 | €2,325 | -€4,189 | -64.3% |
| Furniture and vehicles | 24 | €5,600 | €2,229 | -€3,371 | -60.2% |
| Other tangible fixed assets | 26 | €913 | €96 | -€818 | -89.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €515,688 | €597,058 | +€81,370 | +15.8% |
| Amounts receivable within one year | 40/41 | €341,388 | €339,547 | -€1,841 | -0.5% |
| Trade receivables | 40 | €316,447 | €333,752 | +€17,304 | +5.5% |
| Other amounts receivable | 41 | €24,941 | €5,796 | -€19,145 | -76.8% |
| Cash at bank and in hand | 54/58 | €172,947 | €254,881 | +€81,933 | +47.4% |
| Deferred charges and accrued income | 490/1 | €1,353 | €2,630 | +€1,277 | +94.4% |
| Total equity and liabilities | 10/49 | €523,202 | €600,383 | +€77,180 | +14.8% |
| Equity | 10/15 | €66,251 | €18,600 | -€47,651 | -71.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,651 | €0 | -€47,651 | -100% |
| Distributable reserves | 133 | €47,651 | €0 | -€47,651 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €456,951 | €581,783 | +€124,832 | +27.3% |
| Amounts payable within one year | 42/48 | €449,454 | €571,687 | +€122,232 | +27.2% |
| Trade debts | 44 | €235,915 | €316,553 | +€80,638 | +34.2% |
| Suppliers | 440/4 | €235,915 | €316,553 | +€80,638 | +34.2% |
| Taxes, remuneration and social security | 45 | €13,539 | €10,377 | -€3,163 | -23.4% |
| Taxes | 450/3 | €3,765 | €2,864 | -€901 | -23.9% |
| Remuneration and social security | 454/9 | €9,774 | €7,513 | -€2,262 | -23.1% |
| Other amounts payable | 47/48 | €200,000 | €244,757 | +€44,757 | +22.4% |
| Accrued charges and deferred income | 492/3 | €7,497 | €10,096 | +€2,599 | +34.7% |
| Remuneration, social security and pensions | 62 | €72,968 | €59,655 | -€13,313 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,189 | €4,189 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,125 | €0 | -€8,125 | -100% |
| Other operating charges | 640/8 | €178 | €0 | -€178 | -100% |
| Gross operating margin | 9900 | €293,920 | €264,222 | -€29,698 | -10.1% |
| Operating profit (loss) | 9901 | €208,461 | €200,378 | -€8,082 | -3.9% |
| Financial income | 75/76B | €681 | €374 | -€307 | -45.1% |
| Recurring financial income | 75 | €681 | €374 | -€307 | -45.1% |
| Financial charges | 65/66B | €89 | €878 | +€788 | +882% |
| Recurring financial charges | 65 | €89 | €878 | +€788 | +882% |
| Profit (loss) for the period before taxes | 9903 | €209,052 | €199,874 | -€9,178 | -4.4% |
| Income taxes | 67/77 | €3,181 | €2,769 | -€412 | -13.0% |
| Profit (loss) for the period | 9904 | €205,871 | €197,106 | -€8,766 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €205,871 | €197,106 | -€8,766 | -4.3% |
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 22 October 2026 via checked.be.