XS GROUP: what changed
XS GROUP
Largest movements
- Cash -€10,092
down €10,092 (-100.0%), from €10,094 to €2
mainly Other debts (-€30,345) and Net result for the year (-€28,061)
- Tangible fixed assets +€5,963
new in 2024: €5,963
- Receivables within one year +€4,327
up €4,327 (+14.4%), from €30,077 to €34,404
of which Other amounts receivable: +€7,797
- Other debts -€30,345
no longer reported in 2024 (was €30,345)
- Profit (loss) carried forward +€16,939
up €16,939 (+637%), from €2,659 to €19,598
- Trade debts +€13,603
up €13,603 (+176%), from €7,717 to €21,320
- Gross operating margin -€57,880
down €57,880, from €49,046 to -€8,834
- Staff costs +€16,372
new in 2024: €16,372
- Financial charges -€5,270
down €5,270 (-88.2%), from €5,973 to €703
- Other operating charges -€2,635
down €2,635 (-94.1%), from €2,800 to €165
- Depreciation +€1,988
new in 2024: €1,988
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,721 | €42,918 | +€197 | +0.5% |
| Fixed assets | 21/28 | €2,550 | €8,513 | +€5,963 | +234% |
| Tangible fixed assets | 22/27 | - | €5,963 | +€5,963 | |
| Furniture and vehicles | 24 | - | €5,963 | +€5,963 | |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €40,171 | €34,405 | -€5,765 | -14.4% |
| Amounts receivable within one year | 40/41 | €30,077 | €34,404 | +€4,327 | +14.4% |
| Trade receivables | 40 | €4,680 | €1,210 | -€3,470 | -74.1% |
| Other amounts receivable | 41 | €25,397 | €33,194 | +€7,797 | +30.7% |
| Cash at bank and in hand | 54/58 | €10,094 | €2 | -€10,092 | -100.0% |
| Total equity and liabilities | 10/49 | €42,721 | €42,918 | +€197 | +0.5% |
| Equity | 10/15 | €4,659 | €21,598 | +€16,939 | +364% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,659 | €19,598 | +€16,939 | +637% |
| Amounts payable | 17/49 | €38,062 | €21,320 | -€16,742 | -44.0% |
| Amounts payable within one year | 42/48 | €38,062 | €21,320 | -€16,742 | -44.0% |
| Trade debts | 44 | €7,717 | €21,320 | +€13,603 | +176% |
| Suppliers | 440/4 | €7,717 | €21,320 | +€13,603 | +176% |
| Other amounts payable | 47/48 | €30,345 | - | -€30,345 | |
| Remuneration, social security and pensions | 62 | - | €16,372 | +€16,372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,988 | +€1,988 | |
| Other operating charges | 640/8 | €2,800 | €165 | -€2,635 | -94.1% |
| Gross operating margin | 9900 | €49,046 | -€8,834 | -€57,880 | |
| Operating profit (loss) | 9901 | €46,246 | -€27,358 | -€73,604 | |
| Financial charges | 65/66B | €5,973 | €703 | -€5,270 | -88.2% |
| Recurring financial charges | 65 | €5,973 | €703 | -€5,270 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €40,273 | -€28,061 | -€68,334 | |
| Profit (loss) for the period | 9904 | €40,273 | -€28,061 | -€68,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,273 | -€28,061 | -€68,334 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.