XPLOOR: 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.
XPLOOR
Largest movements
- Cash -€412,301
down €412,301 (-87.5%), from €471,263 to €58,962
mainly Contributions, distributions and other (-€200,000) and Other debts (-€195,625)
- Receivables within one year -€11,611
down €11,611 (-63.0%), from €18,430 to €6,820
of which Trade receivables: -€6,770
- Reserves -€226,877
down €226,877 (-55.0%), from €412,595 to €185,718
- Other debts -€195,625
down €195,625 (-84.6%), from €231,172 to €35,547
- Gross operating margin -€59,953
down €59,953, from €41,590 to -€18,364
- Taxes -€9,211
no longer reported in 2025 (was €9,211)
- Financial income +€3,210
new in 2025: €3,210
- Financial charges +€3,076
up €3,076 (+555.1%), from €554 to €3,630
- Depreciation +€1,521
up €1,521 (+25.5%), from €5,974 to €7,495
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 | €667,710 | €246,504 | -€421,206 | -63.1% |
| Fixed assets | 21/28 | €136,975 | €141,550 | +€4,575 | +3.3% |
| Tangible fixed assets | 22/27 | €70,308 | €74,883 | +€4,575 | +6.5% |
| Furniture and vehicles | 24 | €2,047 | €12,326 | +€10,279 | +502.0% |
| Other tangible fixed assets | 26 | €68,261 | €62,557 | -€5,704 | -8.4% |
| Financial fixed assets | 28 | €66,667 | €66,667 | = | 0.0% |
| Current assets | 29/58 | €530,734 | €104,954 | -€425,780 | -80.2% |
| Amounts receivable after more than one year | 29 | €38,000 | €38,000 | = | 0.0% |
| Other amounts receivable | 291 | €38,000 | €38,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,430 | €6,820 | -€11,611 | -63.0% |
| Trade receivables | 40 | €12,627 | €5,857 | -€6,770 | -53.6% |
| Other amounts receivable | 41 | €5,803 | €963 | -€4,840 | -83.4% |
| Cash at bank and in hand | 54/58 | €471,263 | €58,962 | -€412,301 | -87.5% |
| Deferred charges and accrued income | 490/1 | €3,041 | €1,172 | -€1,869 | -61.4% |
| Total equity and liabilities | 10/49 | €667,710 | €246,504 | -€421,206 | -63.1% |
| Equity | 10/15 | €431,195 | €204,318 | -€226,877 | -52.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €412,595 | €185,718 | -€226,877 | -55.0% |
| Distributable reserves | 133 | €412,595 | €185,718 | -€226,877 | -55.0% |
| Amounts payable | 17/49 | €236,515 | €42,186 | -€194,329 | -82.2% |
| Amounts payable within one year | 42/48 | €235,140 | €37,140 | -€198,000 | -84.2% |
| Trade debts | 44 | €2,526 | €711 | -€1,815 | -71.8% |
| Suppliers | 440/4 | €2,526 | €711 | -€1,815 | -71.8% |
| Taxes, remuneration and social security | 45 | €1,442 | €882 | -€560 | -38.8% |
| Taxes | 450/3 | €1,442 | €882 | -€560 | -38.8% |
| Other amounts payable | 47/48 | €231,172 | €35,547 | -€195,625 | -84.6% |
| Accrued charges and deferred income | 492/3 | €1,375 | €5,046 | +€3,671 | +267.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,974 | €7,495 | +€1,521 | +25.5% |
| Other operating charges | 640/8 | €885 | €597 | -€288 | -32.6% |
| Gross operating margin | 9900 | €41,590 | -€18,364 | -€59,953 | |
| Operating profit (loss) | 9901 | €34,730 | -€26,456 | -€61,186 | |
| Financial income | 75/76B | - | €3,210 | +€3,210 | |
| Recurring financial income | 75 | - | €3,210 | +€3,210 | |
| Financial charges | 65/66B | €554 | €3,630 | +€3,076 | +555.1% |
| Recurring financial charges | 65 | €554 | €3,630 | +€3,076 | +555.1% |
| Profit (loss) for the period before taxes | 9903 | €34,176 | -€26,877 | -€61,053 | |
| Income taxes | 67/77 | €9,211 | - | -€9,211 | |
| Profit (loss) for the period | 9904 | €24,965 | -€26,877 | -€51,842 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,965 | -€26,877 | -€51,842 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.