Xtense: 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.
Xtense
Largest movements
- Cash -€40,982
down €40,982 (-69.8%), from €58,687 to €17,705
mainly Receivables within one year (-€39,202) and Debts after one year (-€12,189)
- Receivables within one year +€39,202
up €39,202 (+63.1%), from €62,109 to €101,311
of which Other amounts receivable: +€44,103
- Tangible fixed assets -€10,204
down €10,204 (-24.0%), from €42,429 to €32,225
of which Furniture and vehicles: -€9,672
- Debts after one year -€12,189
no longer reported in 2024 (was €12,189)
- Profit (loss) carried forward +€4,033
up €4,033 (+44.8%), from -€8,996 to -€4,963
- Trade debts -€4,008
down €4,008 (-32.1%), from €12,487 to €8,479
- Gross operating margin +€22,617
up €22,617 (+11028.9%), from €205 to €22,822
- Depreciation -€1,069
down €1,069 (-6.5%), from €16,402 to €15,334
- Other operating charges +€754
up €754 (+68.1%), from €1,107 to €1,862
- Financial charges -€656
down €656 (-31.2%), from €2,099 to €1,444
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,275 | €151,291 | -€11,984 | -7.3% |
| Fixed assets | 21/28 | €42,479 | €32,275 | -€10,204 | -24.0% |
| Tangible fixed assets | 22/27 | €42,429 | €32,225 | -€10,204 | -24.0% |
| Plant, machinery and equipment | 23 | €3,944 | €3,412 | -€532 | -13.5% |
| Furniture and vehicles | 24 | €38,485 | €28,813 | -€9,672 | -25.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €120,796 | €119,016 | -€1,780 | -1.5% |
| Amounts receivable within one year | 40/41 | €62,109 | €101,311 | +€39,202 | +63.1% |
| Trade receivables | 40 | €19,635 | €14,733 | -€4,902 | -25.0% |
| Other amounts receivable | 41 | €42,474 | €86,578 | +€44,103 | +103.8% |
| Cash at bank and in hand | 54/58 | €58,687 | €17,705 | -€40,982 | -69.8% |
| Total equity and liabilities | 10/49 | €163,275 | €151,291 | -€11,984 | -7.3% |
| Equity | 10/15 | €120,030 | €124,063 | +€4,033 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €122,826 | €122,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €120,966 | €120,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,996 | -€4,963 | +€4,033 | +44.8% |
| Amounts payable | 17/49 | €43,245 | €27,228 | -€16,017 | -37.0% |
| Amounts payable after more than one year | 17 | €12,189 | - | -€12,189 | |
| Financial debts | 170/4 | €12,189 | - | -€12,189 | |
| Amounts payable within one year | 42/48 | €31,056 | €27,228 | -€3,829 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €11,659 | €12,189 | +€530 | +4.5% |
| Trade debts | 44 | €12,487 | €8,479 | -€4,008 | -32.1% |
| Suppliers | 440/4 | €12,487 | €8,479 | -€4,008 | -32.1% |
| Taxes, remuneration and social security | 45 | €6,910 | €6,560 | -€351 | -5.1% |
| Taxes | 450/3 | €6,910 | €6,560 | -€351 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,402 | €15,334 | -€1,069 | -6.5% |
| Other operating charges | 640/8 | €1,107 | €1,862 | +€754 | +68.1% |
| Gross operating margin | 9900 | €205 | €22,822 | +€22,617 | +11028.9% |
| Operating profit (loss) | 9901 | -€17,305 | €5,627 | +€22,931 | |
| Financial charges | 65/66B | €2,099 | €1,444 | -€656 | -31.2% |
| Recurring financial charges | 65 | €2,099 | €1,444 | -€656 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,404 | €4,183 | +€23,587 | |
| Income taxes | 67/77 | €6 | €150 | +€144 | +2251.1% |
| Profit (loss) for the period | 9904 | -€19,410 | €4,033 | +€23,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,410 | €4,033 | +€23,443 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.