XSTSolutions: 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.
XSTSolutions
Largest movements
- Receivables within one year -€49,688
down €49,688 (-86.3%), from €57,573 to €7,884
- Tangible fixed assets -€25,294
down €25,294 (-35.5%), from €71,226 to €45,931
of which Furniture and vehicles: -€23,521
- Stocks and contracts +€6,390
new in 2025: €6,390
of which Stocks: +€5,000
- Profit (loss) carried forward -€40,476
new in 2025: -€40,476
- Tax, wage and social debts -€25,616
down €25,616 (-78.9%), from €32,450 to €6,834
- Trade debts -€23,953
down €23,953 (-76.6%), from €31,286 to €7,333
- Other debts +€15,867
up €15,867 (+51.2%), from €30,962 to €46,829
- Contributions +€5,000
new in 2025: €5,000
- Gross operating margin -€91,418
down €91,418, from €72,284 to -€19,134
- Financial charges -€13,490
down €13,490 (-81.7%), from €16,507 to €3,017
- Taxes -€7,393
down €7,393 (-98.1%), from €7,537 to €144
- Depreciation -€3,077
down €3,077 (-16.3%), from €18,842 to €15,765
- Other operating charges -€2,791
down €2,791 (-59.7%), from €4,678 to €1,887
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 | €132,863 | €63,686 | -€69,177 | -52.1% |
| Fixed assets | 21/28 | €71,226 | €45,931 | -€25,294 | -35.5% |
| Tangible fixed assets | 22/27 | €71,226 | €45,931 | -€25,294 | -35.5% |
| Land and buildings | 22 | €2,534 | €2,259 | -€275 | -10.9% |
| Plant, machinery and equipment | 23 | €3,633 | €2,135 | -€1,498 | -41.2% |
| Furniture and vehicles | 24 | €65,059 | €41,538 | -€23,521 | -36.2% |
| Current assets | 29/58 | €61,638 | €17,754 | -€43,883 | -71.2% |
| Stocks and contracts in progress | 3 | - | €6,390 | +€6,390 | |
| Stocks | 30/36 | - | €5,000 | +€5,000 | |
| Contracts in progress | 37 | - | €1,390 | +€1,390 | |
| Amounts receivable within one year | 40/41 | €57,573 | €7,884 | -€49,688 | -86.3% |
| Trade receivables | 40 | €57,573 | €7,884 | -€49,688 | -86.3% |
| Cash at bank and in hand | 54/58 | €2,792 | €2,073 | -€720 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,273 | €1,407 | +€135 | +10.6% |
| Total equity and liabilities | 10/49 | €132,863 | €63,686 | -€69,177 | -52.1% |
| Equity | 10/15 | €38,166 | €2,690 | -€35,476 | -93.0% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €38,166 | €38,166 | = | 0.0% |
| Distributable reserves | 133 | €38,166 | €38,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€40,476 | -€40,476 | |
| Amounts payable | 17/49 | €94,697 | €60,996 | -€33,701 | -35.6% |
| Amounts payable within one year | 42/48 | €94,697 | €60,996 | -€33,701 | -35.6% |
| Trade debts | 44 | €31,286 | €7,333 | -€23,953 | -76.6% |
| Suppliers | 440/4 | €31,286 | €7,333 | -€23,953 | -76.6% |
| Taxes, remuneration and social security | 45 | €32,450 | €6,834 | -€25,616 | -78.9% |
| Taxes | 450/3 | €32,450 | €6,834 | -€25,616 | -78.9% |
| Other amounts payable | 47/48 | €30,962 | €46,829 | +€15,867 | +51.2% |
| Non-recurring operating income | 76A | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,842 | €15,765 | -€3,077 | -16.3% |
| Other operating charges | 640/8 | €4,678 | €1,887 | -€2,791 | -59.7% |
| Non-recurring operating charges | 66A | - | €529 | +€529 | |
| Gross operating margin | 9900 | €72,284 | -€19,134 | -€91,418 | |
| Operating profit (loss) | 9901 | €48,763 | -€37,315 | -€86,078 | |
| Financial income | 75/76B | €34 | €1 | -€33 | -98.3% |
| Recurring financial income | 75 | €34 | €1 | -€33 | -98.3% |
| Financial charges | 65/66B | €16,507 | €3,017 | -€13,490 | -81.7% |
| Recurring financial charges | 65 | €16,507 | €3,017 | -€13,490 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €32,289 | -€40,332 | -€72,621 | |
| Income taxes | 67/77 | €7,537 | €144 | -€7,393 | -98.1% |
| Profit (loss) for the period | 9904 | €24,752 | -€40,476 | -€65,228 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,752 | -€40,476 | -€65,228 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.