XTATHYX: 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.
XTATHYX
Largest movements
- Cash +€23,708
up €23,708 (+19.7%), from €120,635 to €144,343
mainly Receivables within one year (+€21,876) and Other debts (+€17,999)
- Receivables within one year -€21,876
down €21,876 (-82.8%), from €26,428 to €4,551
of which Trade receivables: -€23,748
- Tangible fixed assets -€9,477
down €9,477 (-44.0%), from €21,559 to €12,082
- Deferred charges and accrued income -€2,072
down €2,072 (-60.1%), from €3,447 to €1,374
- Profit (loss) carried forward -€20,826
down €20,826 (-16.3%), from €127,641 to €106,815
- Other debts +€17,999
up €17,999 (+515%), from €3,493 to €21,492
- Tax, wage and social debts -€5,083
down €5,083 (-60.0%), from €8,472 to €3,389
- Trade debts -€1,808
down €1,808 (-56.0%), from €3,227 to €1,419
- Financial charges +€14,872
up €14,872 (+68.5%), from €21,699 to €36,572
- Gross operating margin -€8,760
down €8,760 (-25.1%), from €34,942 to €26,182
- Taxes -€1,738
down €1,738 (-94.1%), from €1,847 to €109
- Depreciation -€496
down €496 (-5.0%), from €9,973 to €9,477
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 | €172,093 | €162,375 | -€9,718 | -5.6% |
| Fixed assets | 21/28 | €21,584 | €12,107 | -€9,477 | -43.9% |
| Tangible fixed assets | 22/27 | €21,559 | €12,082 | -€9,477 | -44.0% |
| Furniture and vehicles | 24 | €21,559 | €12,082 | -€9,477 | -44.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €150,509 | €150,268 | -€241 | -0.2% |
| Amounts receivable within one year | 40/41 | €26,428 | €4,551 | -€21,876 | -82.8% |
| Trade receivables | 40 | €24,255 | €507 | -€23,748 | -97.9% |
| Other amounts receivable | 41 | €2,173 | €4,044 | +€1,871 | +86.1% |
| Cash at bank and in hand | 54/58 | €120,635 | €144,343 | +€23,708 | +19.7% |
| Deferred charges and accrued income | 490/1 | €3,447 | €1,374 | -€2,072 | -60.1% |
| Total equity and liabilities | 10/49 | €172,093 | €162,375 | -€9,718 | -5.6% |
| Equity | 10/15 | €156,901 | €136,075 | -€20,826 | -13.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,641 | €106,815 | -€20,826 | -16.3% |
| Amounts payable | 17/49 | €15,192 | €26,300 | +€11,108 | +73.1% |
| Amounts payable within one year | 42/48 | €15,192 | €26,300 | +€11,108 | +73.1% |
| Trade debts | 44 | €3,227 | €1,419 | -€1,808 | -56.0% |
| Suppliers | 440/4 | €3,227 | €1,419 | -€1,808 | -56.0% |
| Taxes, remuneration and social security | 45 | €8,472 | €3,389 | -€5,083 | -60.0% |
| Taxes | 450/3 | €8,472 | €3,389 | -€5,083 | -60.0% |
| Other amounts payable | 47/48 | €3,493 | €21,492 | +€17,999 | +515% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,973 | €9,477 | -€496 | -5.0% |
| Other operating charges | 640/8 | €890 | €855 | -€35 | -3.9% |
| Gross operating margin | 9900 | €34,942 | €26,182 | -€8,760 | -25.1% |
| Operating profit (loss) | 9901 | €24,079 | €15,850 | -€8,229 | -34.2% |
| Financial income | 75/76B | €0 | €5 | +€5 | +25,350% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +25,350% |
| Financial charges | 65/66B | €21,699 | €36,572 | +€14,872 | +68.5% |
| Recurring financial charges | 65 | €21,699 | €36,572 | +€14,872 | +68.5% |
| Profit (loss) for the period before taxes | 9903 | €2,379 | -€20,717 | -€23,096 | |
| Income taxes | 67/77 | €1,847 | €109 | -€1,738 | -94.1% |
| Profit (loss) for the period | 9904 | €533 | -€20,826 | -€21,359 | |
| Profit (loss) for the period to be appropriated | 9905 | €533 | -€20,826 | -€21,359 |
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 30 October 2026 via checked.be.