XPansiae: what changed
Two fiscal 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.
XPansiae
Largest movements
- Cash +€3,770
up €3,770 (+1859.9%), from €203 to €3,973
mainly Trade debts (+€7,377) and Other debts (+€5,554)
- Receivables within one year -€110
down €110 (-15.9%), from €687 to €578
of which Other amounts receivable: -€457
- Profit (loss) carried forward -€10,214
down €10,214 (-125.6%), from -€8,129 to -€18,342
- Trade debts +€7,377
new in 2025: €7,377
- Other debts +€5,554
up €5,554 (+77.7%), from €7,145 to €12,698
- Tax, wage and social debts +€797
new in 2025: €797
- Advances received +€146
up €146 (+53.3%), from €274 to €420
- Gross operating margin -€5,281
down €5,281 (-129.6%), from -€4,074 to -€9,355
- Other operating charges +€458
up €458 (+118.3%), from €387 to €846
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 | €890 | €4,551 | +€3,661 | +411.2% |
| Current assets | 29/58 | €890 | €4,551 | +€3,661 | +411.2% |
| Amounts receivable within one year | 40/41 | €687 | €578 | -€110 | -15.9% |
| Trade receivables | 40 | €226 | €573 | +€347 | +153.2% |
| Other amounts receivable | 41 | €461 | €4 | -€457 | -99.0% |
| Cash at bank and in hand | 54/58 | €203 | €3,973 | +€3,770 | +1859.9% |
| Total equity and liabilities | 10/49 | €890 | €4,551 | +€3,661 | +411.2% |
| Equity | 10/15 | -€6,529 | -€16,742 | -€10,214 | -156.4% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,129 | -€18,342 | -€10,214 | -125.6% |
| Amounts payable | 17/49 | €7,419 | €21,293 | +€13,874 | +187.0% |
| Amounts payable within one year | 42/48 | €7,419 | €21,293 | +€13,874 | +187.0% |
| Trade debts | 44 | - | €7,377 | +€7,377 | |
| Suppliers | 440/4 | - | €7,377 | +€7,377 | |
| Advances received on contracts in progress | 46 | €274 | €420 | +€146 | +53.3% |
| Taxes, remuneration and social security | 45 | - | €797 | +€797 | |
| Taxes | 450/3 | - | €797 | +€797 | |
| Other amounts payable | 47/48 | €7,145 | €12,698 | +€5,554 | +77.7% |
| Other operating charges | 640/8 | €387 | €846 | +€458 | +118.3% |
| Gross operating margin | 9900 | -€4,074 | -€9,355 | -€5,281 | -129.6% |
| Operating profit (loss) | 9901 | -€4,461 | -€10,201 | -€5,739 | -128.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €49 | €13 | -€36 | -72.9% |
| Recurring financial charges | 65 | €49 | €13 | -€36 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,510 | -€10,213 | -€5,704 | -126.5% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€4,510 | -€10,214 | -€5,704 | -126.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,510 | -€10,214 | -€5,704 | -126.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.