Xplendit: 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.
Xplendit
Largest movements
- Cash +€735,229
up €735,229 (+107%), from €687,773 to €1.4m
mainly Net result for the year (+€722,535) and Depreciation (+€35,140)
- Reserves +€722,535
up €722,535 (+62.7%), from €1.2m to €1.9m
- Other debts -€28,649
down €28,649 (-100%), from €28,649 to €0
- Trade debts +€28,626
up €28,626 (+11.6%), from €246,606 to €275,232
- Gross operating margin -€142,212
down €142,212 (-8.3%), from €1.7m to €1.6m
- Financial charges +€77,130
up €77,130 (+155%), from €49,887 to €127,016
- Depreciation -€50,725
down €50,725 (-59.1%), from €85,865 to €35,140
- Taxes -€43,536
down €43,536 (-15.1%), from €289,195 to €245,660
- Financial income +€27,384
up €27,384 (+177%), from €15,489 to €42,873
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 | €1,493,960 | €2,197,577 | +€703,617 | +47.1% |
| Fixed assets | 21/28 | €138,531 | €126,207 | -€12,324 | -8.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €138,531 | €126,207 | -€12,324 | -8.9% |
| Plant, machinery and equipment | 23 | €47,505 | €41,242 | -€6,263 | -13.2% |
| Furniture and vehicles | 24 | €41,575 | €31,829 | -€9,746 | -23.4% |
| Other tangible fixed assets | 26 | €49,451 | €53,137 | +€3,685 | +7.5% |
| Current assets | 29/58 | €1,355,430 | €2,071,370 | +€715,940 | +52.8% |
| Amounts receivable within one year | 40/41 | €648,834 | €644,637 | -€4,198 | -0.6% |
| Trade receivables | 40 | €635,349 | €572,764 | -€62,584 | -9.9% |
| Other amounts receivable | 41 | €13,486 | €71,872 | +€58,387 | +433% |
| Cash at bank and in hand | 54/58 | €687,773 | €1,423,002 | +€735,229 | +107% |
| Deferred charges and accrued income | 490/1 | €18,822 | €3,732 | -€15,090 | -80.2% |
| Total equity and liabilities | 10/49 | €1,493,960 | €2,197,577 | +€703,617 | +47.1% |
| Equity | 10/15 | €1,154,006 | €1,876,541 | +€722,535 | +62.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,152,006 | €1,874,541 | +€722,535 | +62.7% |
| Distributable reserves | 133 | €1,152,006 | €1,874,541 | +€722,535 | +62.7% |
| Amounts payable | 17/49 | €339,954 | €321,036 | -€18,918 | -5.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €339,954 | €321,036 | -€18,918 | -5.6% |
| Financial debts | 43 | €2,664 | €0 | -€2,664 | -100% |
| Credit institutions | 430/8 | €2,664 | €0 | -€2,664 | -100% |
| Trade debts | 44 | €246,606 | €275,232 | +€28,626 | +11.6% |
| Suppliers | 440/4 | €246,606 | €275,232 | +€28,626 | +11.6% |
| Taxes, remuneration and social security | 45 | €62,035 | €45,804 | -€16,232 | -26.2% |
| Taxes | 450/3 | €19,169 | €0 | -€19,169 | -100% |
| Remuneration and social security | 454/9 | €42,867 | €45,804 | +€2,937 | +6.9% |
| Other amounts payable | 47/48 | €28,649 | €0 | -€28,649 | -100% |
| Remuneration, social security and pensions | 62 | €459,056 | €475,432 | +€16,377 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,865 | €35,140 | -€50,725 | -59.1% |
| Other operating charges | 640/8 | €18,787 | €10,436 | -€8,351 | -44.5% |
| Gross operating margin | 9900 | €1,715,558 | €1,573,347 | -€142,212 | -8.3% |
| Operating profit (loss) | 9901 | €1,151,851 | €1,052,338 | -€99,512 | -8.6% |
| Financial income | 75/76B | €15,489 | €42,873 | +€27,384 | +177% |
| Recurring financial income | 75 | €15,489 | €42,873 | +€27,384 | +177% |
| Financial charges | 65/66B | €49,887 | €127,016 | +€77,130 | +155% |
| Recurring financial charges | 65 | €49,887 | €127,016 | +€77,130 | +155% |
| Profit (loss) for the period before taxes | 9903 | €1,117,453 | €968,195 | -€149,258 | -13.4% |
| Income taxes | 67/77 | €289,195 | €245,660 | -€43,536 | -15.1% |
| Profit (loss) for the period | 9904 | €828,257 | €722,535 | -€105,722 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €828,257 | €722,535 | -€105,722 | -12.8% |
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 18 October 2026 via checked.be.