XS Optix: 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.
XS Optix
Largest movements
- Cash +€21,785
up €21,785 (+128.0%), from €17,021 to €38,806
mainly Net result for the year (+€49,266) and Other debts (+€24,397)
- Tangible fixed assets -€16,727
down €16,727 (-29.1%), from €57,509 to €40,782
of which Furniture and vehicles: -€18,177
- Reserves +€49,266
up €49,266 (+63.7%), from €77,345 to €126,612
- Debts after one year -€48,089
down €48,089 (-21.5%), from €223,902 to €175,813
- Other debts +€24,397
up €24,397 (+17.5%), from €139,171 to €163,568
- Tax, wage and social debts -€18,558
down €18,558 (-72.8%), from €25,501 to €6,943
- Financial income -€23,419
down €23,419 (-23.4%), from €100,001 to €76,582
- Gross operating margin -€5,511
down €5,511 (-50.7%), from €10,877 to €5,366
- Depreciation +€3,434
up €3,434 (+22.6%), from €15,193 to €18,627
- Taxes -€2,848
down €2,848 (-34.2%), from €8,321 to €5,473
- Financial charges -€1,031
down €1,031 (-12.5%), from €8,258 to €7,227
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 | €528,278 | €530,095 | +€1,818 | +0.3% |
| Fixed assets | 21/28 | €507,509 | €490,782 | -€16,727 | -3.3% |
| Tangible fixed assets | 22/27 | €57,509 | €40,782 | -€16,727 | -29.1% |
| Plant, machinery and equipment | 23 | €1,049 | €773 | -€275 | -26.3% |
| Furniture and vehicles | 24 | €56,461 | €38,283 | -€18,177 | -32.2% |
| Other tangible fixed assets | 26 | - | €1,726 | +€1,726 | |
| Financial fixed assets | 28 | €450,000 | €450,000 | = | 0.0% |
| Current assets | 29/58 | €20,768 | €39,313 | +€18,545 | +89.3% |
| Amounts receivable within one year | 40/41 | €600 | €0 | -€600 | -100.0% |
| Trade receivables | 40 | €600 | €0 | -€600 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,021 | €38,806 | +€21,785 | +128.0% |
| Deferred charges and accrued income | 490/1 | €3,148 | €507 | -€2,641 | -83.9% |
| Total equity and liabilities | 10/49 | €528,278 | €530,095 | +€1,818 | +0.3% |
| Equity | 10/15 | €80,845 | €130,112 | +€49,266 | +60.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €77,345 | €126,612 | +€49,266 | +63.7% |
| Distributable reserves | 133 | €77,345 | €126,612 | +€49,266 | +63.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €447,432 | €399,984 | -€47,448 | -10.6% |
| Amounts payable after more than one year | 17 | €223,902 | €175,813 | -€48,089 | -21.5% |
| Financial debts | 170/4 | €223,902 | €175,813 | -€48,089 | -21.5% |
| Amounts payable within one year | 42/48 | €223,530 | €223,744 | +€213 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €54,181 | €51,167 | -€3,014 | -5.6% |
| Trade debts | 44 | €4,677 | €2,066 | -€2,611 | -55.8% |
| Suppliers | 440/4 | €4,677 | €2,066 | -€2,611 | -55.8% |
| Taxes, remuneration and social security | 45 | €25,501 | €6,943 | -€18,558 | -72.8% |
| Taxes | 450/3 | €25,501 | €6,943 | -€18,558 | -72.8% |
| Other amounts payable | 47/48 | €139,171 | €163,568 | +€24,397 | +17.5% |
| Accrued charges and deferred income | 492/3 | €0 | €427 | +€427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,193 | €18,627 | +€3,434 | +22.6% |
| Other operating charges | 640/8 | €1,761 | €1,355 | -€405 | -23.0% |
| Gross operating margin | 9900 | €10,877 | €5,366 | -€5,511 | -50.7% |
| Operating profit (loss) | 9901 | -€6,077 | -€14,616 | -€8,540 | -140.5% |
| Financial income | 75/76B | €100,001 | €76,582 | -€23,419 | -23.4% |
| Recurring financial income | 75 | €100,001 | €76,582 | -€23,419 | -23.4% |
| Financial charges | 65/66B | €8,258 | €7,227 | -€1,031 | -12.5% |
| Recurring financial charges | 65 | €8,258 | €7,227 | -€1,031 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €85,666 | €54,739 | -€30,927 | -36.1% |
| Income taxes | 67/77 | €8,321 | €5,473 | -€2,848 | -34.2% |
| Profit (loss) for the period | 9904 | €77,345 | €49,266 | -€28,079 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,345 | €49,266 | -€28,079 | -36.3% |
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 11 October 2026 via checked.be.