XSYS PREPRESS: 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.
What changed
XSYS PREPRESS
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4.0m
2024 · -€1.6m-€2.5m
Equity
€4.3m
2024 · €8.3m-€4.0m
Cash
€79,741
2024 · €26,328+€53,413
Balance sheet total
€19.1m
2024 · €19.7m-€615,464
Largest movements
Assets
- Tangible fixed assets -€813,536
down €813,536 (-9.8%), from €8.3m to €7.5m
Equity and liabilities
- Contributions -€11.8m
down €11.8m (-63.5%), from €18.6m to €6.8m
of which Capital: -€6.8m
- Debts after one year +€9.3m
up €9.3m (+4457.1%), from €208,468 to €9.5m
- Profit (loss) carried forward +€7.9m
up €7.9m (+66.2%), from -€12.0m to -€4.0m
- Other debts -€5.5m
down €5.5m (-83.5%), from €6.6m to €1.1m
- Accrued charges and deferred income -€538,530
down €538,530 (-52.6%), from €1.0m to €485,387
Income statement
- Turnover -€3.1m
down €3.1m (-22.0%), from €14.2m to €11.1m
- Write-downs +€1.9m
up €1.9m, from -€996,938 to €918,105
- Goods and materials -€1.8m
down €1.8m (-27.4%), from €6.5m to €4.7m
of which Change in stocks: decrease (increase): -€996,129
- Services and other goods -€534,197
down €534,197 (-10.0%), from €5.3m to €4.8m
- Other operating income +€292,005
up €292,005 (+65.4%), from €446,279 to €738,284
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.
Result 2024
-€1.6m
Turnover
-€3.1m
Other operating income
+€292,005
Goods and materials
+€1.8m
Services and other goods
+€534,197
Staff costs
-€227,741
Depreciation
-€75,255
Write-downs
-€1.9m
Provisions
+€37,335
Other operating charges
+€98,209
Other operating items
+€116,127
Financial income
-€17,890
Financial charges
+€34,460
Taxes
+€275
Result 2025
-€4.0m
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.
From operations
-€9.2m
Investment
+€72,930
Financing
+€9.2m
Cash 2024
€26,328
From operations (derived)
-€9.2m
Net result for the year
-€4.0m
Depreciation
+€762,121
Receivables after one year
+€103,630
Stocks and contracts
-€77,929
Receivables within one year
-€24,418
Deferred charges and accrued income
-€167,456
Provisions
-€68,110
Trade debts
+€235,182
Tax, wage and social debts
-€67,646
Advances received
+€181,306
Other debts
-€5.5m
Accrued charges and deferred income
-€538,530
Investment (derived)
+€72,930
Investment in fixed assets (net)
+€72,930
Financing
+€9.2m
Debts after one year
+€9.3m
Current portion of long-term debt
-€84,407
Cash 2025
€79,741
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,681,381 | €19,065,917 | -€615,464 | -3.1% |
| Fixed assets | 21/28 | €8,390,956 | €7,555,906 | -€835,050 | -10.0% |
| Intangible fixed assets | 21 | €48,987 | €27,473 | -€21,514 | -43.9% |
| Tangible fixed assets | 22/27 | €8,329,469 | €7,515,933 | -€813,536 | -9.8% |
| Land and buildings | 22 | €7,125,969 | €6,998,508 | -€127,461 | -1.8% |
| Plant, machinery and equipment | 23 | €641,286 | €411,864 | -€229,422 | -35.8% |
| Furniture and vehicles | 24 | €88,824 | €82,072 | -€6,752 | -7.6% |
| Leasing and similar rights | 25 | €274,921 | - | -€274,921 | |
| Other tangible fixed assets | 26 | €88,728 | €17,739 | -€70,989 | -80.0% |
| Assets under construction and advance payments | 27 | €109,741 | €5,750 | -€103,991 | -94.8% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Affiliated companies | 280/1 | €12,500 | €12,500 | = | 0.0% |
| Participating interests | 280 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €11,290,425 | €11,510,011 | +€219,586 | +1.9% |
| Amounts receivable after more than one year | 29 | €280,316 | €176,686 | -€103,630 | -37.0% |
| Other amounts receivable | 291 | €280,316 | €176,686 | -€103,630 | -37.0% |
| Stocks and contracts in progress | 3 | €7,339,793 | €7,417,722 | +€77,929 | +1.1% |
| Stocks | 30/36 | €7,339,793 | €7,417,722 | +€77,929 | +1.1% |
| Raw materials and consumables | 30/31 | €2,692,178 | €2,040,233 | -€651,945 | -24.2% |
| Work in progress | 32 | €652,966 | €447,118 | -€205,848 | -31.5% |
| Finished goods | 33 | €3,981,819 | €4,409,086 | +€427,267 | +10.7% |
| Goods purchased for resale | 34 | €12,830 | €521,284 | +€508,454 | +3963.1% |
| Amounts receivable within one year | 40/41 | €3,561,094 | €3,585,511 | +€24,418 | +0.7% |
| Trade receivables | 40 | €3,211,738 | €3,313,758 | +€102,020 | +3.2% |
| Other amounts receivable | 41 | €349,356 | €271,754 | -€77,602 | -22.2% |
| Cash at bank and in hand | 54/58 | €26,328 | €79,741 | +€53,413 | +202.9% |
| Deferred charges and accrued income | 490/1 | €82,894 | €250,350 | +€167,456 | +202.0% |
| Total equity and liabilities | 10/49 | €19,681,381 | €19,065,917 | -€615,464 | -3.1% |
| Equity | 10/15 | €8,314,701 | €4,279,818 | -€4.0m | -48.5% |
| Contributions | 10/11 | €18,600,522 | €6,783,156 | -€11.8m | -63.5% |
| Capital | 10 | €13,570,728 | €6,783,156 | -€6.8m | -50.0% |
| Issued capital | 100 | €13,570,728 | €6,783,156 | -€6.8m | -50.0% |
| Contributions outside capital | 11 | €5,029,794 | - | -€5.0m | |
| Share premium | 1100/10 | €5,029,794 | - | -€5.0m | |
| Reserves | 13 | €1,668,674 | €1,531,546 | -€137,128 | -8.2% |
| Non-distributable reserves | 130/1 | €1,342,178 | €1,342,178 | = | 0.0% |
| Legal reserve | 130 | €1,342,178 | €1,342,178 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,367 | €189,367 | = | 0.0% |
| Distributable reserves | 133 | €137,128 | - | -€137,128 | |
| Profit (loss) carried forward | 14 | -€11,954,495 | -€4,034,884 | +€7.9m | +66.2% |
| Provisions and deferred taxes | 16 | €455,998 | €387,888 | -€68,110 | -14.9% |
| Provisions for liabilities and charges | 160/5 | €455,998 | €387,888 | -€68,110 | -14.9% |
| Other liabilities and charges | 164/5 | €455,998 | €387,888 | -€68,110 | -14.9% |
| Amounts payable | 17/49 | €10,910,682 | €14,398,211 | +€3.5m | +32.0% |
| Amounts payable after more than one year | 17 | €208,468 | €9,500,000 | +€9.3m | +4457.1% |
| Financial debts | 170/4 | €208,468 | €9,500,000 | +€9.3m | +4457.1% |
| Leasing and similar obligations | 172 | €208,468 | €0 | -€208,468 | -100.0% |
| Other loans | 174 | - | €9,500,000 | +€9.5m | |
| Amounts payable within one year | 42/48 | €9,678,297 | €4,412,824 | -€5.3m | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €84,407 | - | -€84,407 | |
| Trade debts | 44 | €1,860,824 | €2,096,006 | +€235,182 | +12.6% |
| Suppliers | 440/4 | €1,860,824 | €2,096,006 | +€235,182 | +12.6% |
| Advances received on contracts in progress | 46 | €547,677 | €728,983 | +€181,306 | +33.1% |
| Taxes, remuneration and social security | 45 | €564,454 | €496,808 | -€67,646 | -12.0% |
| Taxes | 450/3 | €6,023 | €5,597 | -€426 | -7.1% |
| Remuneration and social security | 454/9 | €558,431 | €491,211 | -€67,220 | -12.0% |
| Other amounts payable | 47/48 | €6,620,936 | €1,091,027 | -€5.5m | -83.5% |
| Accrued charges and deferred income | 492/3 | €1,023,917 | €485,387 | -€538,530 | -52.6% |
| Operating income | 70/76A | €15,164,137 | €12,429,353 | -€2.7m | -18.0% |
| Turnover | 70 | €14,242,628 | €11,107,420 | -€3.1m | -22.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€388,285 | €468,330 | +€856,616 | |
| Own construction capitalised | 72 | €692,316 | - | -€692,316 | |
| Other operating income | 74 | €446,279 | €738,284 | +€292,005 | +65.4% |
| Non-recurring operating income | 76A | €171,199 | €115,318 | -€55,881 | -32.6% |
| Operating charges | 60/66A | €16,461,888 | €16,221,855 | -€240,032 | -1.5% |
| Goods for resale, raw materials and consumables | 60 | €6,494,860 | €4,714,238 | -€1.8m | -27.4% |
| Purchases | 600/8 | €6,019,395 | €5,234,902 | -€784,493 | -13.0% |
| Change in stocks: decrease (increase) | 609 | €475,465 | -€520,663 | -€996,129 | |
| Services and other goods | 61 | €5,341,770 | €4,807,573 | -€534,197 | -10.0% |
| Remuneration, social security and pensions | 62 | €4,751,892 | €4,979,633 | +€227,741 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686,866 | €762,121 | +€75,255 | +11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€996,938 | €918,105 | +€1.9m | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€30,775 | -€68,110 | -€37,335 | -121.3% |
| Other operating charges | 640/8 | €206,505 | €108,296 | -€98,209 | -47.6% |
| Non-recurring operating charges | 66A | €7,708 | - | -€7,708 | |
| Operating profit (loss) | 9901 | -€1,297,751 | -€3,792,502 | -€2.5m | -192.2% |
| Financial income | 75/76B | €61,891 | €44,001 | -€17,890 | -28.9% |
| Recurring financial income | 75 | €61,891 | €44,001 | -€17,890 | -28.9% |
| Income from financial fixed assets | 750 | - | €29,252 | +€29,252 | |
| Income from current assets | 751 | €41,321 | - | -€41,321 | |
| Other financial income | 752/9 | €20,570 | €14,749 | -€5,821 | -28.3% |
| Financial charges | 65/66B | €314,875 | €280,416 | -€34,460 | -10.9% |
| Recurring financial charges | 65 | €314,875 | €280,416 | -€34,460 | -10.9% |
| Debt charges | 650 | €287,411 | €255,341 | -€32,070 | -11.2% |
| Other financial charges | 652/9 | €27,464 | €25,074 | -€2,390 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,550,735 | -€4,028,917 | -€2.5m | -159.8% |
| Income taxes | 67/77 | €6,242 | €5,967 | -€275 | -4.4% |
| Taxes | 670/3 | €6,242 | €5,967 | -€275 | -4.4% |
| Profit (loss) for the period | 9904 | -€1,556,977 | -€4,034,884 | -€2.5m | -159.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,556,977 | -€4,034,884 | -€2.5m | -159.1% |
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.