XQBiT: 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.
XQBiT
Largest movements
- Cash -€17,240
down €17,240 (-56.2%), from €30,690 to €13,449
mainly Contributions, distributions and other (-€29,461) and Debts after one year (-€12,686)
- Tangible fixed assets -€16,299
down €16,299 (-33.6%), from €48,470 to €32,171
of which Leasing and similar rights: -€12,356
- Receivables within one year +€3,318
up €3,318 (+22.6%), from €14,665 to €17,983
of which Trade receivables: +€14,974
- Deferred charges and accrued income +€2,021
up €2,021 (+590%), from €343 to €2,364
- Debts after one year -€12,686
down €12,686 (-51.6%), from €24,595 to €11,909
- Other debts -€10,577
down €10,577 (-30.6%), from €34,570 to €23,993
- Short-term financial debts -€10,027
down €10,027 (-79.9%), from €12,543 to €2,515
- Accrued charges and deferred income +€3,075
new in 2025: €3,075
- Tax, wage and social debts +€1,851
up €1,851 (+27.3%), from €6,790 to €8,641
- Gross operating margin +€8,360
up €8,360 (+17.0%), from €49,155 to €57,515
- Taxes +€3,029
up €3,029 (+57.2%), from €5,297 to €8,326
- Depreciation -€1,316
down €1,316 (-7.5%), from €17,614 to €16,299
- Financial income -€828
down €828 (-99.0%), from €836 to €8
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 | €94,167 | €65,967 | -€28,200 | -29.9% |
| Fixed assets | 21/28 | €48,470 | €32,171 | -€16,299 | -33.6% |
| Tangible fixed assets | 22/27 | €48,470 | €32,171 | -€16,299 | -33.6% |
| Plant, machinery and equipment | 23 | €3,738 | €1,011 | -€2,727 | -73.0% |
| Furniture and vehicles | 24 | €5,097 | €5,000 | -€97 | -1.9% |
| Leasing and similar rights | 25 | €37,035 | €24,679 | -€12,356 | -33.4% |
| Other tangible fixed assets | 26 | €2,600 | €1,481 | -€1,119 | -43.0% |
| Current assets | 29/58 | €45,697 | €33,796 | -€11,901 | -26.0% |
| Amounts receivable within one year | 40/41 | €14,665 | €17,983 | +€3,318 | +22.6% |
| Trade receivables | 40 | €1,335 | €16,309 | +€14,974 | +1,121% |
| Other amounts receivable | 41 | €13,330 | €1,674 | -€11,656 | -87.4% |
| Cash at bank and in hand | 54/58 | €30,690 | €13,449 | -€17,240 | -56.2% |
| Deferred charges and accrued income | 490/1 | €343 | €2,364 | +€2,021 | +590% |
| Total equity and liabilities | 10/49 | €94,167 | €65,967 | -€28,200 | -29.9% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable | 17/49 | €91,667 | €63,467 | -€28,200 | -30.8% |
| Amounts payable after more than one year | 17 | €24,595 | €11,909 | -€12,686 | -51.6% |
| Financial debts | 170/4 | €24,595 | €11,909 | -€12,686 | -51.6% |
| Amounts payable within one year | 42/48 | €67,072 | €48,483 | -€18,589 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €12,374 | €12,686 | +€312 | +2.5% |
| Financial debts | 43 | €12,543 | €2,515 | -€10,027 | -79.9% |
| Credit institutions | 430/8 | €12,543 | €2,515 | -€10,027 | -79.9% |
| Trade debts | 44 | €794 | €648 | -€147 | -18.5% |
| Suppliers | 440/4 | €794 | €648 | -€147 | -18.5% |
| Taxes, remuneration and social security | 45 | €6,790 | €8,641 | +€1,851 | +27.3% |
| Taxes | 450/3 | €6,790 | €8,641 | +€1,851 | +27.3% |
| Other amounts payable | 47/48 | €34,570 | €23,993 | -€10,577 | -30.6% |
| Accrued charges and deferred income | 492/3 | - | €3,075 | +€3,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,614 | €16,299 | -€1,316 | -7.5% |
| Other operating charges | 640/8 | €2,366 | €2,111 | -€255 | -10.8% |
| Non-recurring operating charges | 66A | €6,500 | - | -€6,500 | |
| Gross operating margin | 9900 | €49,155 | €57,515 | +€8,360 | +17.0% |
| Operating profit (loss) | 9901 | €22,675 | €39,106 | +€16,431 | +72.5% |
| Financial income | 75/76B | €836 | €8 | -€828 | -99.0% |
| Recurring financial income | 75 | €836 | €8 | -€828 | -99.0% |
| Financial charges | 65/66B | €1,552 | €1,327 | -€225 | -14.5% |
| Recurring financial charges | 65 | €1,552 | €1,327 | -€225 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €21,959 | €37,787 | +€15,828 | +72.1% |
| Income taxes | 67/77 | €5,297 | €8,326 | +€3,029 | +57.2% |
| Profit (loss) for the period | 9904 | €16,662 | €29,461 | +€12,799 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,662 | €29,461 | +€12,799 | +76.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.