Xtend: 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.
Xtend
Largest movements
- Cash -€23,569
down €23,569 (-88.2%), from €26,730 to €3,160
mainly Other debts (-€13,993) and Net result for the year (-€9,365)
- Tangible fixed assets -€6,829
down €6,829 (-34.7%), from €19,687 to €12,858
of which Furniture and vehicles: -€4,167
- Receivables within one year +€6,286
up €6,286 (+105%), from €5,992 to €12,278
of which Other amounts receivable: +€6,626
- Deferred charges and accrued income +€1,714
new in 2025: €1,714
- Other debts -€13,993
down €13,993 (-100%), from €13,993 to €0
- Reserves -€9,365
down €9,365 (-36.2%), from €25,898 to €16,533
- Trade debts +€670
up €670 (+228%), from €294 to €964
- Gross operating margin -€43,463
down €43,463, from €41,455 to -€2,007
- Taxes -€8,803
down €8,803 (-100%), from €8,803 to €0
- Depreciation +€3,286
up €3,286 (+92.8%), from €3,543 to €6,829
- Staff costs -€2,172
down €2,172 (-100%), from €2,172 to €0
- Other operating charges -€773
down €773 (-67.7%), from €1,143 to €370
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 | €54,038 | €31,590 | -€22,448 | -41.5% |
| Fixed assets | 21/28 | €19,687 | €12,858 | -€6,829 | -34.7% |
| Tangible fixed assets | 22/27 | €19,687 | €12,858 | -€6,829 | -34.7% |
| Plant, machinery and equipment | 23 | €3,607 | €2,354 | -€1,253 | -34.7% |
| Furniture and vehicles | 24 | €10,394 | €6,227 | -€4,167 | -40.1% |
| Other tangible fixed assets | 26 | €5,686 | €4,276 | -€1,410 | -24.8% |
| Current assets | 29/58 | €34,351 | €18,732 | -€15,619 | -45.5% |
| Stocks and contracts in progress | 3 | €1,630 | €1,580 | -€50 | -3.1% |
| Stocks | 30/36 | €1,630 | €1,580 | -€50 | -3.1% |
| Amounts receivable within one year | 40/41 | €5,992 | €12,278 | +€6,286 | +105% |
| Trade receivables | 40 | €4,772 | €4,432 | -€340 | -7.1% |
| Other amounts receivable | 41 | €1,220 | €7,846 | +€6,626 | +543% |
| Cash at bank and in hand | 54/58 | €26,730 | €3,160 | -€23,569 | -88.2% |
| Deferred charges and accrued income | 490/1 | - | €1,714 | +€1,714 | |
| Total equity and liabilities | 10/49 | €54,038 | €31,590 | -€22,448 | -41.5% |
| Equity | 10/15 | €30,898 | €21,533 | -€9,365 | -30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,898 | €16,533 | -€9,365 | -36.2% |
| Distributable reserves | 133 | €25,898 | €16,533 | -€9,365 | -36.2% |
| Amounts payable | 17/49 | €23,140 | €10,057 | -€13,083 | -56.5% |
| Amounts payable within one year | 42/48 | €23,140 | €10,057 | -€13,083 | -56.5% |
| Trade debts | 44 | €294 | €964 | +€670 | +228% |
| Suppliers | 440/4 | €294 | €964 | +€670 | +228% |
| Taxes, remuneration and social security | 45 | €8,853 | €9,092 | +€239 | +2.7% |
| Taxes | 450/3 | €8,853 | €9,092 | +€239 | +2.7% |
| Other amounts payable | 47/48 | €13,993 | €0 | -€13,993 | -100% |
| Remuneration, social security and pensions | 62 | €2,172 | €0 | -€2,172 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €6,829 | +€3,286 | +92.8% |
| Other operating charges | 640/8 | €1,143 | €370 | -€773 | -67.7% |
| Gross operating margin | 9900 | €41,455 | -€2,007 | -€43,463 | |
| Operating profit (loss) | 9901 | €34,597 | -€9,206 | -€43,803 | |
| Financial income | 75/76B | €124 | €0 | -€124 | -100% |
| Recurring financial income | 75 | €124 | €0 | -€124 | -100% |
| Financial charges | 65/66B | €20 | €159 | +€139 | +697% |
| Recurring financial charges | 65 | €20 | €159 | +€139 | +697% |
| Profit (loss) for the period before taxes | 9903 | €34,701 | -€9,365 | -€44,066 | |
| Income taxes | 67/77 | €8,803 | €0 | -€8,803 | -100% |
| Profit (loss) for the period | 9904 | €25,898 | -€9,365 | -€35,263 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,898 | -€9,365 | -€35,263 |
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.