XPR365: 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.
XPR365
Largest movements
- Cash -€204,972
down €204,972 (-80.0%), from €256,266 to €51,294
mainly Net result for the year (-€147,173) and Investment in fixed assets (net) (-€117,338)
- Receivables within one year +€103,245
up €103,245 (+11.4%), from €907,979 to €1.0m
of which Trade receivables: +€107,889
- Profit (loss) carried forward -€147,173
down €147,173 (-251%), from -€58,633 to -€205,806
- Other debts +€79,039
up €79,039 (+790%), from €10,000 to €89,039
- Debts after one year -€50,000
down €50,000 (-15.0%), from €333,333 to €283,333
of which Financial debts: -€50,000
- Trade debts +€19,156
up €19,156 (+1.7%), from €1.1m to €1.1m
- Gross operating margin -€63,048
down €63,048, from €35,149 to -€27,899
- Financial charges -€22,315
down €22,315 (-56.0%), from €39,819 to €17,504
- Taxes +€14,001
no longer reported in 2025 (was -€14,001)
- Financial income +€12,574
up €12,574 (+24,530%), from €51 to €12,625
- Depreciation +€8,307
up €8,307 (+7.8%), from €105,950 to €114,257
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 | €1,517,508 | €1,418,530 | -€98,978 | -6.5% |
| Fixed assets | 21/28 | €352,932 | €356,012 | +€3,081 | +0.9% |
| Intangible fixed assets | 21 | €352,932 | €356,012 | +€3,081 | +0.9% |
| Current assets | 29/58 | €1,164,576 | €1,062,518 | -€102,059 | -8.8% |
| Amounts receivable within one year | 40/41 | €907,979 | €1,011,224 | +€103,245 | +11.4% |
| Trade receivables | 40 | €898,184 | €1,006,074 | +€107,889 | +12.0% |
| Other amounts receivable | 41 | €9,795 | €5,150 | -€4,645 | -47.4% |
| Cash at bank and in hand | 54/58 | €256,266 | €51,294 | -€204,972 | -80.0% |
| Deferred charges and accrued income | 490/1 | €332 | - | -€332 | |
| Total equity and liabilities | 10/49 | €1,517,508 | €1,418,530 | -€98,978 | -6.5% |
| Equity | 10/15 | €5,418 | -€141,755 | -€147,173 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,051 | €2,051 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,051 | €2,051 | = | 0.0% |
| Legal reserve | 130 | €2,051 | €2,051 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€58,633 | -€205,806 | -€147,173 | -251% |
| Amounts payable | 17/49 | €1,512,090 | €1,560,285 | +€48,195 | +3.2% |
| Amounts payable after more than one year | 17 | €333,333 | €283,333 | -€50,000 | -15.0% |
| Financial debts | 170/4 | €83,333 | €33,333 | -€50,000 | -60.0% |
| Trade debts | 175 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,178,757 | €1,276,951 | +€98,195 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €50,000 | +€0 | 0.0% |
| Trade debts | 44 | €1,117,781 | €1,136,938 | +€19,156 | +1.7% |
| Suppliers | 440/4 | €1,117,781 | €1,136,938 | +€19,156 | +1.7% |
| Taxes, remuneration and social security | 45 | €975 | €975 | = | 0.0% |
| Taxes | 450/3 | €975 | €975 | = | 0.0% |
| Other amounts payable | 47/48 | €10,000 | €89,039 | +€79,039 | +790% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,950 | €114,257 | +€8,307 | +7.8% |
| Other operating charges | 640/8 | €1,030 | €138 | -€891 | -86.6% |
| Gross operating margin | 9900 | €35,149 | -€27,899 | -€63,048 | |
| Operating profit (loss) | 9901 | -€71,830 | -€142,294 | -€70,463 | -98.1% |
| Financial income | 75/76B | €51 | €12,625 | +€12,574 | +24,530% |
| Recurring financial income | 75 | €51 | €12,625 | +€12,574 | +24,530% |
| Financial charges | 65/66B | €39,819 | €17,504 | -€22,315 | -56.0% |
| Recurring financial charges | 65 | €39,819 | €17,504 | -€22,315 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | -€111,598 | -€147,173 | -€35,575 | -31.9% |
| Income taxes | 67/77 | -€14,001 | - | +€14,001 | |
| Profit (loss) for the period | 9904 | -€97,597 | -€147,173 | -€49,575 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,597 | -€147,173 | -€49,575 | -50.8% |
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 16 October 2026 via checked.be.