XPERA: 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.
XPERA
Largest movements
- Cash -€589,498
down €589,498 (-38.1%), from €1.5m to €957,948
mainly Current investments (-€514,562) and Trade debts (-€272,529)
- Current investments +€514,562
new in 2025: €514,562
- Receivables within one year -€114,634
down €114,634 (-22.9%), from €500,348 to €385,715
of which Other amounts receivable: -€59,919
- Tangible fixed assets -€33,214
down €33,214 (-24.0%), from €138,359 to €105,145
- Reserves +€729,755
up €729,755 (+90.5%), from €805,993 to €1.5m
of which Distributable reserves: +€731,755
- Profit (loss) carried forward -€491,681
no longer reported in 2025 (was €491,681)
- Trade debts -€272,529
down €272,529 (-80.4%), from €339,041 to €66,513
- Other debts -€203,087
down €203,087 (-63.7%), from €318,605 to €115,518
- Tax, wage and social debts +€27,972
up €27,972 (+83.7%), from €33,420 to €61,392
of which Taxes: +€20,438
- Gross operating margin -€248,718
down €248,718 (-22.5%), from €1.1m to €855,787
- Taxes +€71,564
up €71,564 (+71.6%), from €100,000 to €171,564
- Staff costs +€11,213
up €11,213 (+3.4%), from €332,305 to €343,518
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 | €2,253,998 | €2,010,520 | -€243,478 | -10.8% |
| Fixed assets | 21/28 | €141,739 | €109,495 | -€32,244 | -22.7% |
| Intangible fixed assets | 21 | - | €970 | +€970 | |
| Tangible fixed assets | 22/27 | €138,359 | €105,145 | -€33,214 | -24.0% |
| Land and buildings | 22 | €50,147 | €40,118 | -€10,029 | -20.0% |
| Furniture and vehicles | 24 | €62,915 | €50,543 | -€12,372 | -19.7% |
| Other tangible fixed assets | 26 | €25,297 | €14,485 | -€10,812 | -42.7% |
| Financial fixed assets | 28 | €3,380 | €3,380 | = | 0.0% |
| Current assets | 29/58 | €2,112,259 | €1,901,025 | -€211,234 | -10.0% |
| Stocks and contracts in progress | 3 | €49,580 | €42,800 | -€6,780 | -13.7% |
| Stocks | 30/36 | €49,580 | €42,800 | -€6,780 | -13.7% |
| Amounts receivable within one year | 40/41 | €500,348 | €385,715 | -€114,634 | -22.9% |
| Trade receivables | 40 | €430,244 | €375,530 | -€54,714 | -12.7% |
| Other amounts receivable | 41 | €70,104 | €10,185 | -€59,919 | -85.5% |
| Current investments | 50/53 | - | €514,562 | +€514,562 | |
| Cash at bank and in hand | 54/58 | €1,547,445 | €957,948 | -€589,498 | -38.1% |
| Deferred charges and accrued income | 490/1 | €14,885 | - | -€14,885 | |
| Total equity and liabilities | 10/49 | €2,253,998 | €2,010,520 | -€243,478 | -10.8% |
| Equity | 10/15 | €1,396,374 | €1,634,448 | +€238,074 | +17.0% |
| Contributions | 10/11 | €98,700 | €98,700 | = | 0.0% |
| Reserves | 13 | €805,993 | €1,535,748 | +€729,755 | +90.5% |
| Non-distributable reserves | 130/1 | €11,250 | €9,250 | -€2,000 | -17.8% |
| Reserves not available under the articles | 1311 | €11,250 | €9,250 | -€2,000 | -17.8% |
| Tax-exempt reserves | 132 | €32,709 | €32,709 | = | 0.0% |
| Distributable reserves | 133 | €762,034 | €1,493,789 | +€731,755 | +96.0% |
| Profit (loss) carried forward | 14 | €491,681 | - | -€491,681 | |
| Amounts payable | 17/49 | €857,624 | €376,072 | -€481,552 | -56.1% |
| Amounts payable after more than one year | 17 | €60,174 | €47,337 | -€12,837 | -21.3% |
| Financial debts | 170/4 | €60,174 | €47,337 | -€12,837 | -21.3% |
| Amounts payable within one year | 42/48 | €797,450 | €328,735 | -€468,716 | -58.8% |
| Current portion of amounts payable after more than one year | 42 | €12,257 | €12,837 | +€580 | +4.7% |
| Trade debts | 44 | €339,041 | €66,513 | -€272,529 | -80.4% |
| Suppliers | 440/4 | €339,041 | €66,513 | -€272,529 | -80.4% |
| Advances received on contracts in progress | 46 | €94,128 | €72,476 | -€21,652 | -23.0% |
| Taxes, remuneration and social security | 45 | €33,420 | €61,392 | +€27,972 | +83.7% |
| Taxes | 450/3 | €588 | €21,026 | +€20,438 | +3,477% |
| Remuneration and social security | 454/9 | €32,832 | €40,366 | +€7,533 | +22.9% |
| Other amounts payable | 47/48 | €318,605 | €115,518 | -€203,087 | -63.7% |
| Remuneration, social security and pensions | 62 | €332,305 | €343,518 | +€11,213 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,660 | €44,502 | -€158 | -0.4% |
| Other operating charges | 640/8 | €5,587 | €4,767 | -€820 | -14.7% |
| Gross operating margin | 9900 | €1,104,505 | €855,787 | -€248,718 | -22.5% |
| Operating profit (loss) | 9901 | €721,953 | €463,000 | -€258,953 | -35.9% |
| Financial income | 75/76B | €47,415 | €53,131 | +€5,715 | +12.1% |
| Recurring financial income | 75 | €47,415 | €53,131 | +€5,715 | +12.1% |
| Financial charges | 65/66B | €7,483 | €4,493 | -€2,990 | -40.0% |
| Recurring financial charges | 65 | €7,483 | €4,493 | -€2,990 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €761,886 | €511,638 | -€250,248 | -32.8% |
| Income taxes | 67/77 | €100,000 | €171,564 | +€71,564 | +71.6% |
| Profit (loss) for the period | 9904 | €661,886 | €340,074 | -€321,812 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €661,886 | €340,074 | -€321,812 | -48.6% |
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 21 October 2026 via checked.be.