XS Logistics: what changed
Two fiscal 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.
XS Logistics
Largest movements
- Tangible fixed assets -€39,938
down €39,938 (-8.7%), from €459,475 to €419,537
of which Land and buildings: -€34,591
- Cash -€8,592
down €8,592 (-88.4%), from €9,716 to €1,125
mainly Debts after one year (-€25,594) and Other debts (-€18,326)
- Receivables within one year +€7,838
up €7,838 (+435.2%), from €1,801 to €9,639
- Debts after one year -€25,594
down €25,594 (-11.3%), from €226,860 to €201,266
- Other debts -€18,326
down €18,326 (-9.0%), from €204,059 to €185,734
- Turnover +€57,000
new in 2025: €57,000
- Depreciation +€15,932
up €15,932 (+64.0%), from €24,912 to €40,844
- Gross operating margin +€10,448
up €10,448 (+27.1%), from €38,525 to €48,973
- Financial charges -€1,023
down €1,023 (-22.5%), from €4,537 to €3,514
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.
Cash bridge derived
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 | €470,992 | €430,300 | -€40,692 | -8.6% |
| Fixed assets | 21/28 | €459,475 | €419,537 | -€39,938 | -8.7% |
| Tangible fixed assets | 22/27 | €459,475 | €419,537 | -€39,938 | -8.7% |
| Land and buildings | 22 | €438,944 | €404,353 | -€34,591 | -7.9% |
| Plant, machinery and equipment | 23 | €1,765 | €1,225 | -€540 | -30.6% |
| Furniture and vehicles | 24 | €18,766 | €13,958 | -€4,807 | -25.6% |
| Current assets | 29/58 | €11,517 | €10,764 | -€754 | -6.5% |
| Amounts receivable within one year | 40/41 | €1,801 | €9,639 | +€7,838 | +435.2% |
| Trade receivables | 40 | €1,801 | €9,639 | +€7,838 | +435.2% |
| Cash at bank and in hand | 54/58 | €9,716 | €1,125 | -€8,592 | -88.4% |
| Total equity and liabilities | 10/49 | €470,992 | €430,300 | -€40,692 | -8.6% |
| Equity | 10/15 | €11,134 | €12,500 | +€1,366 | +12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,134 | €2,500 | +€1,366 | +120.5% |
| Distributable reserves | 133 | €1,134 | €2,500 | +€1,366 | +120.5% |
| Amounts payable | 17/49 | €459,858 | €417,800 | -€42,058 | -9.1% |
| Amounts payable after more than one year | 17 | €226,860 | €201,266 | -€25,594 | -11.3% |
| Financial debts | 170/4 | €226,860 | €201,266 | -€25,594 | -11.3% |
| Amounts payable within one year | 42/48 | €232,998 | €216,535 | -€16,464 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €26,195 | €26,279 | +€85 | +0.3% |
| Trade debts | 44 | €528 | €1,570 | +€1,042 | +197.4% |
| Suppliers | 440/4 | €528 | €1,570 | +€1,042 | +197.4% |
| Taxes, remuneration and social security | 45 | €2,216 | €2,951 | +€735 | +33.2% |
| Taxes | 450/3 | €2,216 | €2,951 | +€735 | +33.2% |
| Other amounts payable | 47/48 | €204,059 | €185,734 | -€18,326 | -9.0% |
| Turnover | 70 | - | €57,000 | +€57,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,986 | €8,027 | +€40 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,912 | €40,844 | +€15,932 | +64.0% |
| Other operating charges | 640/8 | €3,192 | €3,112 | -€80 | -2.5% |
| Gross operating margin | 9900 | €38,525 | €48,973 | +€10,448 | +27.1% |
| Operating profit (loss) | 9901 | €10,421 | €5,017 | -€5,404 | -51.9% |
| Financial charges | 65/66B | €4,537 | €3,514 | -€1,023 | -22.5% |
| Recurring financial charges | 65 | €4,537 | €3,514 | -€1,023 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €5,884 | €1,503 | -€4,381 | -74.5% |
| Income taxes | 67/77 | €113 | €137 | +€23 | +20.5% |
| Profit (loss) for the period | 9904 | €5,770 | €1,366 | -€4,404 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,770 | €1,366 | -€4,404 | -76.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.