XPLO: 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.
What changed
XPLO
NACE 87.991, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€337,756
2024 · €518,283-€180,527
Equity
€16.7m
2024 · €16.5m+€186,024
Cash
€4.4m
2024 · €4.5m-€140,600
Balance sheet total
€23.8m
2024 · €23.8m+€48,679
Largest movements
Assets
- Current investments +€700,000
up €700,000 (+14.4%), from €4.9m to €5.6m
- Tangible fixed assets -€408,238
down €408,238 (-3.6%), from €11.3m to €10.9m
of which Land and buildings: -€266,022
Equity and liabilities
- Reserves +€337,756
up €337,756 (+3.9%), from €8.6m to €8.9m
Income statement
- Staff costs +€1.0m
up €1.0m (+5.2%), from €19.7m to €20.7m
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.
Result 2024
€518,283
Staff costs
-€1.0m
Depreciation
+€13,447
Other operating charges
-€8,245
Other operating items
+€939,778
Financial income
-€62,056
Financial charges
-€32,363
Result 2025
€337,756
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.
From operations
+€1.2m
Investment
-€1.1m
Financing
-€251,011
Cash 2024
€4.5m
From operations (derived)
+€1.2m
Net result for the year
+€337,756
Depreciation
+€786,362
Receivables within one year
-€24,524
Deferred charges and accrued income
+€130,021
Provisions
-€33,766
Debts within one year
+€113,624
Accrued charges and deferred income
-€117,923
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€381,138
Current investments
-€700,000
Financing
-€251,011
Debts after one year
-€99,280
Contributions, distributions and other
-€151,732
Cash 2025
€4.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,780,354 | €23,829,034 | +€48,679 | +0.2% |
| Fixed assets | 21/28 | €11,302,502 | €10,897,278 | -€405,224 | -3.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €11,297,558 | €10,889,320 | -€408,238 | -3.6% |
| Land and buildings | 22 | €9,707,493 | €9,441,471 | -€266,022 | -2.7% |
| Plant, machinery and equipment | 23 | €1,268,324 | €1,129,215 | -€139,108 | -11.0% |
| Furniture and vehicles | 24 | €321,742 | €285,805 | -€35,937 | -11.2% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €32,829 | +€32,829 | |
| Financial fixed assets | 28 | €4,945 | €7,958 | +€3,013 | +60.9% |
| Other financial fixed assets | 284/8 | €4,945 | €7,958 | +€3,013 | +60.9% |
| Shares | 284 | €558 | €558 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,387 | €7,400 | +€3,013 | +68.7% |
| Current assets | 29/58 | €12,477,852 | €12,931,755 | +€453,903 | +3.6% |
| Amounts receivable within one year | 40/41 | €2,862,353 | €2,886,878 | +€24,524 | +0.9% |
| Trade receivables | 40 | €5,032 | €9,724 | +€4,692 | +93.2% |
| Other amounts receivable | 41 | €2,857,321 | €2,877,153 | +€19,832 | +0.7% |
| Current investments | 50/53 | €4,860,319 | €5,560,319 | +€700,000 | +14.4% |
| Cash at bank and in hand | 54/58 | €4,517,434 | €4,376,835 | -€140,600 | -3.1% |
| Deferred charges and accrued income | 490/1 | €237,745 | €107,724 | -€130,021 | -54.7% |
| Total equity and liabilities | 10/49 | €23,780,354 | €23,829,034 | +€48,679 | +0.2% |
| Equity | 10/15 | €16,547,501 | €16,733,525 | +€186,024 | +1.1% |
| Contributions | 10/11 | €3,239,658 | €3,239,658 | = | 0.0% |
| Capital | 10 | €3,239,658 | €3,239,658 | = | 0.0% |
| Reserves | 13 | €8,563,913 | €8,901,668 | +€337,756 | +3.9% |
| Investment grants | 15 | €4,743,931 | €4,592,199 | -€151,732 | -3.2% |
| Provisions and deferred taxes | 16 | €1,149,052 | €1,115,286 | -€33,766 | -2.9% |
| Provisions for liabilities and charges | 160/5 | €1,149,052 | €1,115,286 | -€33,766 | -2.9% |
| Pensions and similar obligations | 160 | €16,164 | €16,520 | +€356 | +2.2% |
| Major repairs and maintenance | 162 | €902,956 | €989,097 | +€86,141 | +9.5% |
| Other liabilities and charges | 164/5 | €229,931 | €109,668 | -€120,263 | -52.3% |
| Amounts payable | 17/49 | €6,083,802 | €5,980,222 | -€103,579 | -1.7% |
| Amounts payable after more than one year | 17 | €962,884 | €863,604 | -€99,280 | -10.3% |
| Financial debts | 170/4 | €962,884 | €863,604 | -€99,280 | -10.3% |
| Credit institutions | 173 | €882,084 | €795,104 | -€86,980 | -9.9% |
| Other loans | 174 | €80,800 | €68,500 | -€12,300 | -15.2% |
| Amounts payable within one year | 42/48 | €4,467,953 | €4,581,577 | +€113,624 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €96,428 | €99,280 | +€2,852 | +3.0% |
| Trade debts | 44 | €255,490 | €181,836 | -€73,654 | -28.8% |
| Suppliers | 440/4 | €255,490 | €181,836 | -€73,654 | -28.8% |
| Taxes, remuneration and social security | 45 | €3,805,009 | €3,973,300 | +€168,291 | +4.4% |
| Taxes | 450/3 | €663,914 | €686,954 | +€23,040 | +3.5% |
| Remuneration and social security | 454/9 | €3,141,095 | €3,286,346 | +€145,251 | +4.6% |
| Accrued charges and deferred income | 492/3 | €652,965 | €535,041 | -€117,923 | -18.1% |
| Operating income | 70/76A | €24,113,290 | €25,131,169 | +€1.0m | +4.2% |
| Other operating income | 74 | €424,208 | €446,554 | +€22,346 | +5.3% |
| Non-recurring operating income | 76A | €109,398 | €183,048 | +€73,649 | +67.3% |
| Operating charges | 60/66A | €23,794,326 | €24,898,312 | +€1.1m | +4.6% |
| Goods for resale, raw materials and consumables | 60 | €766,389 | €778,964 | +€12,575 | +1.6% |
| Purchases | 600/8 | €766,389 | €778,964 | +€12,575 | +1.6% |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €2,462,605 | €2,578,086 | +€115,481 | +4.7% |
| Remuneration, social security and pensions | 62 | €19,651,985 | €20,683,073 | +€1.0m | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799,809 | €786,362 | -€13,447 | -1.7% |
| Other operating charges | 640/8 | €92,708 | €100,952 | +€8,245 | +8.9% |
| Non-recurring operating charges | 66A | €6,545 | €4,642 | -€1,903 | -29.1% |
| Operating profit (loss) | 9901 | €318,963 | €232,856 | -€86,107 | -27.0% |
| Financial income | 75/76B | €234,589 | €172,532 | -€62,056 | -26.5% |
| Recurring financial income | 75 | €234,589 | €172,532 | -€62,056 | -26.5% |
| Income from current assets | 751 | €233,115 | €171,960 | -€61,155 | -26.2% |
| Other financial income | 752/9 | €1,474 | €572 | -€901 | -61.2% |
| Financial charges | 65/66B | €35,270 | €67,633 | +€32,363 | +91.8% |
| Recurring financial charges | 65 | €35,270 | €67,633 | +€32,363 | +91.8% |
| Debt charges | 650 | €33,460 | €30,614 | -€2,846 | -8.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€2,174 | - | +€2,174 | |
| Other financial charges | 652/9 | €3,984 | €37,019 | +€33,035 | +829.3% |
| Profit (loss) for the period before taxes | 9903 | €518,283 | €337,756 | -€180,527 | -34.8% |
| Profit (loss) for the period | 9904 | €518,283 | €337,756 | -€180,527 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €518,283 | €337,756 | -€180,527 | -34.8% |
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 4 October 2026 via checked.be.