Xpertz: 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.
Xpertz
Largest movements
- Receivables within one year +€21,661
up €21,661 (+64.7%), from €33,465 to €55,126
of which Trade receivables: +€14,310
- Cash +€4,381
up €4,381 (+18.7%), from €23,413 to €27,795
mainly Net result for the year (+€24,507) and Tax, wage and social debts (+€4,085)
- Tangible fixed assets +€1,953
up €1,953 (+23.4%), from €8,344 to €10,297
of which Other tangible fixed assets: +€3,997
- Reserves +€24,000
up €24,000 (+22.0%), from €109,162 to €133,162
of which Distributable reserves: +€24,000
- Tax, wage and social debts +€4,085
up €4,085 (+554.9%), from €736 to €4,821
- Gross operating margin +€32,548
up €32,548 (+323.5%), from €10,060 to €42,607
- Taxes +€11,847
up €11,847 (+622.1%), from €1,904 to €13,751
- Depreciation -€1,047
down €1,047 (-27.8%), from €3,768 to €2,721
- Financial income +€483
up €483 (+24.6%), from €1,964 to €2,447
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 | €127,863 | €156,763 | +€28,900 | +22.6% |
| Fixed assets | 21/28 | €8,344 | €10,297 | +€1,953 | +23.4% |
| Tangible fixed assets | 22/27 | €8,344 | €10,297 | +€1,953 | +23.4% |
| Land and buildings | 22 | €2,406 | €2,016 | -€391 | -16.2% |
| Plant, machinery and equipment | 23 | €182 | - | -€182 | |
| Furniture and vehicles | 24 | €3,187 | €1,715 | -€1,471 | -46.2% |
| Other tangible fixed assets | 26 | €2,569 | €6,566 | +€3,997 | +155.6% |
| Current assets | 29/58 | €119,519 | €146,466 | +€26,947 | +22.5% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,465 | €55,126 | +€21,661 | +64.7% |
| Trade receivables | 40 | €5,409 | €19,719 | +€14,310 | +264.6% |
| Other amounts receivable | 41 | €28,056 | €35,407 | +€7,351 | +26.2% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,413 | €27,795 | +€4,381 | +18.7% |
| Deferred charges and accrued income | 490/1 | €2,641 | €3,546 | +€904 | +34.2% |
| Total equity and liabilities | 10/49 | €127,863 | €156,763 | +€28,900 | +22.6% |
| Equity | 10/15 | €126,441 | €150,948 | +€24,507 | +19.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,162 | €133,162 | +€24,000 | +22.0% |
| Non-distributable reserves | 130/1 | €362 | €362 | = | 0.0% |
| Reserves not available under the articles | 1311 | €362 | €362 | = | 0.0% |
| Distributable reserves | 133 | €108,800 | €132,800 | +€24,000 | +22.1% |
| Profit (loss) carried forward | 14 | €11,078 | €11,586 | +€507 | +4.6% |
| Amounts payable | 17/49 | €1,422 | €5,815 | +€4,393 | +308.8% |
| Amounts payable within one year | 42/48 | €1,422 | €5,789 | +€4,367 | +307.0% |
| Trade debts | 44 | €686 | €968 | +€282 | +41.0% |
| Suppliers | 440/4 | €686 | €968 | +€282 | +41.0% |
| Taxes, remuneration and social security | 45 | €736 | €4,821 | +€4,085 | +554.9% |
| Taxes | 450/3 | €736 | €4,821 | +€4,085 | +554.9% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,768 | €2,721 | -€1,047 | -27.8% |
| Other operating charges | 640/8 | €2,786 | €2,742 | -€44 | -1.6% |
| Non-recurring operating charges | 66A | €1,398 | - | -€1,398 | |
| Gross operating margin | 9900 | €10,060 | €42,607 | +€32,548 | +323.5% |
| Operating profit (loss) | 9901 | €2,107 | €37,144 | +€35,037 | +1662.8% |
| Financial income | 75/76B | €1,964 | €2,447 | +€483 | +24.6% |
| Recurring financial income | 75 | €1,964 | €2,447 | +€483 | +24.6% |
| Financial charges | 65/66B | €1,647 | €1,334 | -€314 | -19.0% |
| Recurring financial charges | 65 | €1,647 | €1,334 | -€314 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €2,424 | €38,258 | +€35,834 | +1478.4% |
| Income taxes | 67/77 | €1,904 | €13,751 | +€11,847 | +622.1% |
| Profit (loss) for the period | 9904 | €520 | €24,507 | +€23,988 | +4616.1% |
| Profit (loss) for the period to be appropriated | 9905 | €520 | €24,507 | +€23,988 | +4616.1% |
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 2 October 2026 via checked.be.