XTAM: 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.
XTAM
Largest movements
- Receivables within one year -€27,180
down €27,180 (-94.9%), from €28,647 to €1,467
of which Trade receivables: -€28,647
- Cash -€26,293
down €26,293 (-38.8%), from €67,679 to €41,386
mainly Tax, wage and social debts (-€37,336) and Net result for the year (-€13,664)
- Tax, wage and social debts -€37,336
down €37,336 (-81.4%), from €45,841 to €8,505
- Profit (loss) carried forward -€13,664
down €13,664 (-42.0%), from €32,527 to €18,863
- Other debts -€3,735
down €3,735 (-23.9%), from €15,623 to €11,888
- Gross operating margin -€52,086
down €52,086, from €41,048 to -€11,038
- Taxes -€8,495
down €8,495 (-99.9%), from €8,500 to €5
- Financial charges +€1,563
up €1,563 (+7,443%), from €21 to €1,584
- Other operating charges +€1,037
new in 2025: €1,037
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 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Current assets | 29/58 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Amounts receivable within one year | 40/41 | €28,647 | €1,467 | -€27,180 | -94.9% |
| Trade receivables | 40 | €28,647 | - | -€28,647 | |
| Other amounts receivable | 41 | - | €1,467 | +€1,467 | |
| Cash at bank and in hand | 54/58 | €67,679 | €41,386 | -€26,293 | -38.8% |
| Deferred charges and accrued income | 490/1 | €494 | €96 | -€398 | -80.6% |
| Total equity and liabilities | 10/49 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Equity | 10/15 | €34,527 | €20,863 | -€13,664 | -39.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,527 | €18,863 | -€13,664 | -42.0% |
| Amounts payable | 17/49 | €62,293 | €22,086 | -€40,207 | -64.5% |
| Amounts payable within one year | 42/48 | €62,293 | €22,086 | -€40,207 | -64.5% |
| Trade debts | 44 | €829 | €1,693 | +€864 | +104% |
| Suppliers | 440/4 | €829 | €1,693 | +€864 | +104% |
| Taxes, remuneration and social security | 45 | €45,841 | €8,505 | -€37,336 | -81.4% |
| Taxes | 450/3 | €45,841 | €8,505 | -€37,336 | -81.4% |
| Other amounts payable | 47/48 | €15,623 | €11,888 | -€3,735 | -23.9% |
| Other operating charges | 640/8 | - | €1,037 | +€1,037 | |
| Gross operating margin | 9900 | €41,048 | -€11,038 | -€52,086 | |
| Operating profit (loss) | 9901 | €41,048 | -€12,075 | -€53,123 | |
| Financial charges | 65/66B | €21 | €1,584 | +€1,563 | +7,443% |
| Recurring financial charges | 65 | €21 | €1,584 | +€1,563 | +7,443% |
| Profit (loss) for the period before taxes | 9903 | €41,027 | -€13,659 | -€54,686 | |
| Income taxes | 67/77 | €8,500 | €5 | -€8,495 | -99.9% |
| Profit (loss) for the period | 9904 | €32,527 | -€13,664 | -€46,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,527 | -€13,664 | -€46,191 |
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 14 October 2026 via checked.be.