XPR TAX: 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.
XPR TAX
Largest movements
- Tangible fixed assets +€551,600
up €551,600 (+16.9%), from €3.3m to €3.8m
of which Land and buildings: +€538,923
- Debts after one year +€764,761
up €764,761 (+25.6%), from €3.0m to €3.8m
- Other debts -€153,650
down €153,650 (-53.4%), from €287,517 to €133,867
- Depreciation +€116,803
up €116,803 (+85.3%), from €136,997 to €253,800
- Gross operating margin +€77,123
up €77,123 (+19.5%), from €396,063 to €473,186
- Financial income -€29,991
down €29,991 (-30.0%), from €100,001 to €70,010
- Taxes -€14,734
down €14,734, from €633 to -€14,101
- Financial charges +€5,799
up €5,799 (+3.9%), from €148,037 to €153,836
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 | €4,233,151 | €4,838,219 | +€605,068 | +14.3% |
| Fixed assets | 21/28 | €4,156,738 | €4,706,338 | +€549,600 | +13.2% |
| Tangible fixed assets | 22/27 | €3,254,844 | €3,806,444 | +€551,600 | +16.9% |
| Land and buildings | 22 | €2,984,711 | €3,523,634 | +€538,923 | +18.1% |
| Furniture and vehicles | 24 | €55,718 | €96,402 | +€40,684 | +73.0% |
| Other tangible fixed assets | 26 | €214,415 | €186,408 | -€28,007 | -13.1% |
| Financial fixed assets | 28 | €901,894 | €899,894 | -€2,000 | -0.2% |
| Current assets | 29/58 | €76,413 | €131,881 | +€55,468 | +72.6% |
| Amounts receivable within one year | 40/41 | €2,983 | €11,026 | +€8,043 | +270% |
| Trade receivables | 40 | €2,983 | €11,026 | +€8,043 | +270% |
| Cash at bank and in hand | 54/58 | €73,430 | €119,802 | +€46,372 | +63.2% |
| Deferred charges and accrued income | 490/1 | - | €1,053 | +€1,053 | |
| Total equity and liabilities | 10/49 | €4,233,151 | €4,838,219 | +€605,068 | +14.3% |
| Equity | 10/15 | €658,720 | €647,464 | -€11,256 | -1.7% |
| Revaluation surpluses | 12 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,720 | €225,464 | -€11,256 | -4.8% |
| Amounts payable | 17/49 | €3,574,431 | €4,190,755 | +€616,324 | +17.2% |
| Amounts payable after more than one year | 17 | €2,988,410 | €3,753,171 | +€764,761 | +25.6% |
| Financial debts | 170/4 | €2,988,410 | €3,753,171 | +€764,761 | +25.6% |
| Amounts payable within one year | 42/48 | €586,021 | €437,584 | -€148,437 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €265,693 | €275,323 | +€9,630 | +3.6% |
| Trade debts | 44 | €10,494 | €5,706 | -€4,788 | -45.6% |
| Suppliers | 440/4 | €10,494 | €5,706 | -€4,788 | -45.6% |
| Taxes, remuneration and social security | 45 | €22,318 | €22,688 | +€370 | +1.7% |
| Taxes | 450/3 | €13,584 | €17,088 | +€3,503 | +25.8% |
| Remuneration and social security | 454/9 | €8,733 | €5,600 | -€3,133 | -35.9% |
| Other amounts payable | 47/48 | €287,517 | €133,867 | -€153,650 | -53.4% |
| Remuneration, social security and pensions | 62 | €36,173 | €41,344 | +€5,171 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,997 | €253,800 | +€116,803 | +85.3% |
| Other operating charges | 640/8 | €18,911 | €19,573 | +€662 | +3.5% |
| Gross operating margin | 9900 | €396,063 | €473,186 | +€77,123 | +19.5% |
| Operating profit (loss) | 9901 | €203,981 | €158,469 | -€45,513 | -22.3% |
| Financial income | 75/76B | €100,001 | €70,010 | -€29,991 | -30.0% |
| Recurring financial income | 75 | €100,001 | €70,010 | -€29,991 | -30.0% |
| Financial charges | 65/66B | €148,037 | €153,836 | +€5,799 | +3.9% |
| Recurring financial charges | 65 | €148,037 | €153,836 | +€5,799 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €155,945 | €74,643 | -€81,302 | -52.1% |
| Income taxes | 67/77 | €633 | -€14,101 | -€14,734 | |
| Profit (loss) for the period | 9904 | €155,312 | €88,744 | -€66,568 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,312 | €88,744 | -€66,568 | -42.9% |
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 31 October 2026 via checked.be.