Xplore group: what changed
What changed
Xplore group
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
-€985,406
2024 · €340,921-€1.3m
Equity
€44.9m
2024 · €7.1m+€37.8m
Cash
€1.7m
2024 · €1.8m-€85,256
Balance sheet total
€96.3m
2024 · €50.4m+€46.0m
Largest movements
Assets
- Financial fixed assets +€38.8m
up €38.8m (+1,509%), from €2.6m to €41.3m
of which Affiliated companies: +€38.8m
- Receivables within one year +€7.9m
up €7.9m (+17.8%), from €44.0m to €51.9m
of which Other amounts receivable: +€7.7m
Equity and liabilities
- Contributions +€38.8m
up €38.8m (+62,504%), from €62,000 to €38.8m
of which Contributions outside capital: +€38.5m
- Other debts +€7.5m
up €7.5m (+21.0%), from €36.0m to €43.5m
- Reserves -€984,000
down €984,000 (-14.0%), from €7.0m to €6.1m
of which Distributable reserves: -€984,000
Income statement
- Goods and materials -€1.3m
down €1.3m (-5.3%), from €24.5m to €23.2m
- Turnover -€713,972
down €713,972 (-2.5%), from €29.0m to €28.3m
- Financial income -€354,888
down €354,888 (-15.5%), from €2.3m to €1.9m
of which Financial income: -€357,306
- Services and other goods +€335,596
up €335,596 (+5.8%), from €5.8m to €6.1m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€340,921
Turnover
-€713,972
Other operating income
+€54,548
Goods and materials
+€1.3m
Services and other goods
-€335,596
Staff costs
+€30,640
Depreciation
+€148,958
Provisions
-€3,340
Other operating charges
+€15,992
Other operating items
-€1.5m
Financial income
-€354,888
Financial charges
+€17,521
Taxes
+€140
Result 2025
-€985,406
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€115,584
Investment
-€39.0m
Financing
+€38.8m
Cash 2024
€1.8m
From operations (derived)
+€115,584
Net result for the year
-€985,406
Depreciation
+€359,384
Receivables after one year
+€140,000
Smaller working-capital items
-€32,448
Receivables within one year
-€7.9m
Deferred charges and accrued income
+€194,807
Trade debts
+€755,267
Other debts
+€7.5m
Investment (derived)
-€39.0m
Investment in fixed assets (net)
-€39.0m
Financing
+€38.8m
Contributions, distributions and other
+€38.8m
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,357,062 | €96,346,944 | +€46.0m | +91.3% |
| Fixed assets | 21/28 | €3,451,441 | €42,045,637 | +€38.6m | +1,118% |
| Intangible fixed assets | 21 | €35 | - | -€35 | |
| Tangible fixed assets | 22/27 | €882,696 | €724,187 | -€158,509 | -18.0% |
| Plant, machinery and equipment | 23 | €127,606 | €97,645 | -€29,961 | -23.5% |
| Furniture and vehicles | 24 | €404,231 | €258,176 | -€146,054 | -36.1% |
| Other tangible fixed assets | 26 | €350,860 | €368,366 | +€17,506 | +5.0% |
| Financial fixed assets | 28 | €2,568,710 | €41,321,450 | +€38.8m | +1,509% |
| Affiliated companies | 280/1 | €2,553,170 | €41,305,910 | +€38.8m | +1,518% |
| Participating interests | 280 | €2,553,170 | €41,305,910 | +€38.8m | +1,518% |
| Other financial fixed assets | 284/8 | €15,540 | €15,540 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €15,540 | €15,540 | = | 0.0% |
| Current assets | 29/58 | €46,905,620 | €54,301,306 | +€7.4m | +15.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €110,000 | -€140,000 | -56.0% |
| Other amounts receivable | 291 | €250,000 | €110,000 | -€140,000 | -56.0% |
| Stocks and contracts in progress | 3 | €57,000 | €11,924 | -€45,076 | -79.1% |
| Contracts in progress | 37 | €57,000 | €11,924 | -€45,076 | -79.1% |
| Amounts receivable within one year | 40/41 | €44,049,759 | €51,910,584 | +€7.9m | +17.8% |
| Trade receivables | 40 | €7,515,682 | €7,694,891 | +€179,208 | +2.4% |
| Other amounts receivable | 41 | €36,534,076 | €44,215,693 | +€7.7m | +21.0% |
| Cash at bank and in hand | 54/58 | €1,787,323 | €1,702,067 | -€85,256 | -4.8% |
| Deferred charges and accrued income | 490/1 | €761,538 | €566,731 | -€194,807 | -25.6% |
| Total equity and liabilities | 10/49 | €50,357,062 | €96,346,944 | +€46.0m | +91.3% |
| Equity | 10/15 | €7,109,708 | €44,877,041 | +€37.8m | +531% |
| Contributions | 10/11 | €62,000 | €38,814,740 | +€38.8m | +62,504% |
| Capital | 10 | €62,000 | €358,820 | +€296,820 | +479% |
| Issued capital | 100 | €62,000 | €358,820 | +€296,820 | +479% |
| Contributions outside capital | 11 | - | €38,455,920 | +€38.5m | |
| Share premium | 1100/10 | - | €38,455,920 | +€38.5m | |
| Reserves | 13 | €7,046,200 | €6,062,200 | -€984,000 | -14.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €7,040,000 | €6,056,000 | -€984,000 | -14.0% |
| Profit (loss) carried forward | 14 | €1,508 | €101 | -€1,406 | -93.3% |
| Provisions and deferred taxes | 16 | - | €3,340 | +€3,340 | |
| Provisions for liabilities and charges | 160/5 | - | €3,340 | +€3,340 | |
| Pensions and similar obligations | 160 | - | €3,340 | +€3,340 | |
| Amounts payable | 17/49 | €43,247,354 | €51,466,563 | +€8.2m | +19.0% |
| Amounts payable within one year | 42/48 | €43,106,697 | €51,370,453 | +€8.3m | +19.2% |
| Trade debts | 44 | €6,770,284 | €7,525,551 | +€755,267 | +11.2% |
| Suppliers | 440/4 | €6,770,284 | €7,525,551 | +€755,267 | +11.2% |
| Taxes, remuneration and social security | 45 | €331,602 | €295,285 | -€36,317 | -11.0% |
| Taxes | 450/3 | €75,326 | €32,779 | -€42,547 | -56.5% |
| Remuneration and social security | 454/9 | €256,275 | €262,505 | +€6,230 | +2.4% |
| Other amounts payable | 47/48 | €36,004,812 | €43,549,618 | +€7.5m | +21.0% |
| Accrued charges and deferred income | 492/3 | €140,657 | €96,110 | -€44,547 | -31.7% |
| Operating income | 70/76A | €32,958,750 | €32,455,032 | -€503,719 | -1.5% |
| Turnover | 70 | €29,037,615 | €28,323,644 | -€713,972 | -2.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€63,203 | €55,090 | +€118,293 | |
| Other operating income | 74 | €3,474,532 | €3,529,080 | +€54,548 | +1.6% |
| Non-recurring operating income | 76A | €509,806 | €547,218 | +€37,413 | +7.3% |
| Operating charges | 60/66A | €34,136,798 | €34,622,178 | +€485,380 | +1.4% |
| Goods for resale, raw materials and consumables | 60 | €24,491,392 | €23,196,954 | -€1.3m | -5.3% |
| Purchases | 600/8 | €24,491,392 | €23,196,954 | -€1.3m | -5.3% |
| Services and other goods | 61 | €5,805,631 | €6,141,226 | +€335,596 | +5.8% |
| Remuneration, social security and pensions | 62 | €2,822,582 | €2,791,942 | -€30,640 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508,342 | €359,384 | -€148,958 | -29.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,340 | +€3,340 | |
| Other operating charges | 640/8 | €124,066 | €108,074 | -€15,992 | -12.9% |
| Non-recurring operating charges | 66A | €384,786 | €2,021,257 | +€1.6m | +425% |
| Operating profit (loss) | 9901 | -€1,178,048 | -€2,167,146 | -€989,099 | -84.0% |
| Financial income | 75/76B | €2,287,005 | €1,932,117 | -€354,888 | -15.5% |
| Recurring financial income | 75 | €2,285,742 | €1,928,436 | -€357,306 | -15.6% |
| Income from financial fixed assets | 750 | €859,798 | €611,190 | -€248,608 | -28.9% |
| Income from current assets | 751 | €1,392,943 | €1,315,473 | -€77,471 | -5.6% |
| Other financial income | 752/9 | €33,001 | €1,773 | -€31,227 | -94.6% |
| Non-recurring financial income | 76B | €1,264 | €3,681 | +€2,417 | +191% |
| Financial charges | 65/66B | €762,201 | €744,680 | -€17,521 | -2.3% |
| Recurring financial charges | 65 | €762,201 | €744,680 | -€17,521 | -2.3% |
| Debt charges | 650 | €754,448 | €707,729 | -€46,720 | -6.2% |
| Other financial charges | 652/9 | €7,753 | €36,952 | +€29,199 | +377% |
| Profit (loss) for the period before taxes | 9903 | €346,757 | -€979,710 | -€1.3m | |
| Income taxes | 67/77 | €5,836 | €5,696 | -€140 | -2.4% |
| Taxes | 670/3 | €5,837 | €5,697 | -€140 | -2.4% |
| Tax adjustments and reversals of tax provisions | 77 | €1 | €0 | -€1 | -65.3% |
| Profit (loss) for the period | 9904 | €340,921 | -€985,406 | -€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €340,921 | -€985,406 | -€1.3m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.