XSeeds: 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.
XSeeds
Largest movements
- Cash +€54,538
up €54,538 (+17.8%), from €306,450 to €360,989
mainly Net result for the year (+€246,951) and Depreciation (+€2,678)
- Receivables within one year +€17,279
up €17,279 (+18.0%), from €95,768 to €113,048
of which Other amounts receivable: +€19,988
- Reserves +€71,951
up €71,951 (+24.2%), from €297,632 to €369,583
- Gross operating margin +€15,577
up €15,577 (+5.0%), from €314,057 to €329,634
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 | €403,978 | €479,862 | +€75,883 | +18.8% |
| Fixed assets | 21/28 | €1,490 | €5,554 | +€4,065 | +273% |
| Tangible fixed assets | 22/27 | €1,490 | €5,554 | +€4,065 | +273% |
| Furniture and vehicles | 24 | €1,490 | €5,554 | +€4,065 | +273% |
| Current assets | 29/58 | €402,489 | €474,307 | +€71,819 | +17.8% |
| Amounts receivable within one year | 40/41 | €95,768 | €113,048 | +€17,279 | +18.0% |
| Trade receivables | 40 | €40,685 | €37,976 | -€2,709 | -6.7% |
| Other amounts receivable | 41 | €55,083 | €75,071 | +€19,988 | +36.3% |
| Cash at bank and in hand | 54/58 | €306,450 | €360,989 | +€54,538 | +17.8% |
| Deferred charges and accrued income | 490/1 | €270 | €271 | +€1 | +0.3% |
| Total equity and liabilities | 10/49 | €403,978 | €479,862 | +€75,883 | +18.8% |
| Equity | 10/15 | €297,633 | €369,584 | +€71,951 | +24.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €297,632 | €369,583 | +€71,951 | +24.2% |
| Distributable reserves | 133 | €297,632 | €369,583 | +€71,951 | +24.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,346 | €110,278 | +€3,932 | +3.7% |
| Amounts payable within one year | 42/48 | €106,346 | €110,278 | +€3,932 | +3.7% |
| Trade debts | 44 | €3,838 | €5,916 | +€2,078 | +54.1% |
| Suppliers | 440/4 | €3,838 | €5,916 | +€2,078 | +54.1% |
| Taxes, remuneration and social security | 45 | €100,087 | €101,143 | +€1,055 | +1.1% |
| Taxes | 450/3 | €100,087 | €98,643 | -€1,445 | -1.4% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €2,421 | €3,220 | +€799 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €2,678 | +€1,992 | +290% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €314,057 | €329,634 | +€15,577 | +5.0% |
| Operating profit (loss) | 9901 | €313,255 | €326,829 | +€13,574 | +4.3% |
| Financial income | 75/76B | €71 | €0 | -€71 | -100% |
| Recurring financial income | 75 | €71 | €0 | -€71 | -100% |
| Financial charges | 65/66B | €449 | €2,294 | +€1,846 | +411% |
| Recurring financial charges | 65 | €449 | €2,294 | +€1,846 | +411% |
| Profit (loss) for the period before taxes | 9903 | €312,877 | €324,535 | +€11,658 | +3.7% |
| Income taxes | 67/77 | €74,388 | €77,584 | +€3,196 | +4.3% |
| Profit (loss) for the period | 9904 | €238,489 | €246,951 | +€8,462 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €238,489 | €246,951 | +€8,462 | +3.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.