Xsander: 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.
Xsander
Largest movements
- Cash +€51,651
up €51,651 (+442.7%), from €11,667 to €63,317
mainly Net result for the year (+€40,985) and Depreciation (+€12,100)
- Tangible fixed assets -€12,100
down €12,100 (-29.0%), from €41,737 to €29,637
- Receivables within one year +€6,646
up €6,646 (+89.9%), from €7,390 to €14,036
of which Trade receivables: +€9,036
- Profit (loss) carried forward +€40,985
up €40,985 (+532.4%), from €7,699 to €48,683
- Current portion of long-term debt -€10,450
down €10,450 (-100.0%), from €10,450 to €0
- Tax, wage and social debts +€9,383
up €9,383 (+87.4%), from €10,731 to €20,114
of which Taxes: +€11,683
- Other debts +€6,965
up €6,965 (+26135.0%), from €27 to €6,992
- Trade debts -€1,515
down €1,515 (-71.3%), from €2,127 to €611
- Gross operating margin +€48,321
up €48,321 (+266.6%), from €18,125 to €66,446
- Taxes +€8,581
up €8,581 (+367.1%), from €2,337 to €10,918
- Depreciation +€5,437
up €5,437 (+81.6%), from €6,663 to €12,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,064 | €107,200 | +€45,136 | +72.7% |
| Fixed assets | 21/28 | €41,737 | €29,637 | -€12,100 | -29.0% |
| Tangible fixed assets | 22/27 | €41,737 | €29,637 | -€12,100 | -29.0% |
| Furniture and vehicles | 24 | €41,737 | €29,637 | -€12,100 | -29.0% |
| Current assets | 29/58 | €20,326 | €77,563 | +€57,237 | +281.6% |
| Amounts receivable within one year | 40/41 | €7,390 | €14,036 | +€6,646 | +89.9% |
| Trade receivables | 40 | €5,000 | €14,036 | +€9,036 | +180.7% |
| Other amounts receivable | 41 | €2,390 | €0 | -€2,390 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,667 | €63,317 | +€51,651 | +442.7% |
| Deferred charges and accrued income | 490/1 | €1,270 | €209 | -€1,060 | -83.5% |
| Total equity and liabilities | 10/49 | €62,064 | €107,200 | +€45,136 | +72.7% |
| Equity | 10/15 | €10,199 | €51,183 | +€40,985 | +401.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,699 | €48,683 | +€40,985 | +532.4% |
| Amounts payable | 17/49 | €51,865 | €56,017 | +€4,152 | +8.0% |
| Amounts payable after more than one year | 17 | €28,300 | €28,300 | = | 0.0% |
| Financial debts | 170/4 | €28,300 | €28,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,335 | €27,717 | +€4,382 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €10,450 | €0 | -€10,450 | -100.0% |
| Trade debts | 44 | €2,127 | €611 | -€1,515 | -71.3% |
| Suppliers | 440/4 | €2,127 | €611 | -€1,515 | -71.3% |
| Taxes, remuneration and social security | 45 | €10,731 | €20,114 | +€9,383 | +87.4% |
| Taxes | 450/3 | €8,431 | €20,114 | +€11,683 | +138.6% |
| Remuneration and social security | 454/9 | €2,300 | €0 | -€2,300 | -100.0% |
| Other amounts payable | 47/48 | €27 | €6,992 | +€6,965 | +26135.0% |
| Accrued charges and deferred income | 492/3 | €230 | €0 | -€230 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,663 | €12,100 | +€5,437 | +81.6% |
| Other operating charges | 640/8 | €464 | €829 | +€366 | +78.9% |
| Gross operating margin | 9900 | €18,125 | €66,446 | +€48,321 | +266.6% |
| Operating profit (loss) | 9901 | €10,998 | €53,516 | +€42,519 | +386.6% |
| Financial charges | 65/66B | €962 | €1,614 | +€652 | +67.8% |
| Recurring financial charges | 65 | €962 | €1,614 | +€652 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €10,036 | €51,903 | +€41,867 | +417.2% |
| Income taxes | 67/77 | €2,337 | €10,918 | +€8,581 | +367.1% |
| Profit (loss) for the period | 9904 | €7,699 | €40,985 | +€33,286 | +432.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,699 | €40,985 | +€33,286 | +432.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.