Xtof Engineering BV: 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.
Xtof Engineering BV
Largest movements
- Cash +€5,070
up €5,070 (+16.6%), from €30,497 to €35,567
mainly Net result for the year (+€42,965) and Other debts (+€28,466)
- Receivables within one year -€4,873
down €4,873 (-20.9%), from €23,275 to €18,402
of which Other amounts receivable: -€6,360
- Deferred charges and accrued income +€2,293
up €2,293 (+169%), from €1,356 to €3,649
- Current investments +€1,800
new in 2025: €1,800
- Tangible fixed assets +€1,215
up €1,215 (+2.6%), from €46,763 to €47,978
of which Plant, machinery and equipment: +€2,482
- Reserves -€32,208
down €32,208 (-42.8%), from €75,172 to €42,965
- Other debts +€28,466
up €28,466 (+4,882%), from €583 to €29,049
- Tax, wage and social debts +€4,216
up €4,216 (+20.4%), from €20,708 to €24,925
of which Remuneration and social security: +€3,213
- Debts after one year +€3,615
new in 2025: €3,615
- Current portion of long-term debt +€2,068
new in 2025: €2,068
- Gross operating margin +€15,859
up €15,859 (+29.0%), from €54,645 to €70,504
- Taxes +€3,599
up €3,599 (+36.8%), from €9,786 to €13,385
- Depreciation +€772
up €772 (+10.8%), from €7,163 to €7,935
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 | €101,931 | €107,436 | +€5,505 | +5.4% |
| Fixed assets | 21/28 | €46,803 | €48,018 | +€1,215 | +2.6% |
| Tangible fixed assets | 22/27 | €46,763 | €47,978 | +€1,215 | +2.6% |
| Plant, machinery and equipment | 23 | - | €2,482 | +€2,482 | |
| Furniture and vehicles | 24 | €19,646 | €20,677 | +€1,031 | +5.2% |
| Other tangible fixed assets | 26 | €27,117 | €24,818 | -€2,299 | -8.5% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €55,128 | €59,419 | +€4,290 | +7.8% |
| Amounts receivable within one year | 40/41 | €23,275 | €18,402 | -€4,873 | -20.9% |
| Trade receivables | 40 | €16,890 | €18,377 | +€1,487 | +8.8% |
| Other amounts receivable | 41 | €6,385 | €25 | -€6,360 | -99.6% |
| Current investments | 50/53 | - | €1,800 | +€1,800 | |
| Cash at bank and in hand | 54/58 | €30,497 | €35,567 | +€5,070 | +16.6% |
| Deferred charges and accrued income | 490/1 | €1,356 | €3,649 | +€2,293 | +169% |
| Total equity and liabilities | 10/49 | €101,931 | €107,436 | +€5,505 | +5.4% |
| Equity | 10/15 | €77,672 | €45,465 | -€32,208 | -41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €75,172 | €42,965 | -€32,208 | -42.8% |
| Distributable reserves | 133 | €75,172 | €42,965 | -€32,208 | -42.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,259 | €61,972 | +€37,713 | +155% |
| Amounts payable after more than one year | 17 | - | €3,615 | +€3,615 | |
| Financial debts | 170/4 | - | €3,615 | +€3,615 | |
| Amounts payable within one year | 42/48 | €24,151 | €58,357 | +€34,205 | +142% |
| Current portion of amounts payable after more than one year | 42 | - | €2,068 | +€2,068 | |
| Trade debts | 44 | €2,860 | €2,315 | -€545 | -19.1% |
| Suppliers | 440/4 | €2,860 | €2,315 | -€545 | -19.1% |
| Taxes, remuneration and social security | 45 | €20,708 | €24,925 | +€4,216 | +20.4% |
| Taxes | 450/3 | €20,708 | €21,711 | +€1,003 | +4.8% |
| Remuneration and social security | 454/9 | €0 | €3,213 | +€3,213 | |
| Other amounts payable | 47/48 | €583 | €29,049 | +€28,466 | +4,882% |
| Accrued charges and deferred income | 492/3 | €108 | €0 | -€108 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,163 | €7,935 | +€772 | +10.8% |
| Other operating charges | 640/8 | €950 | €1,406 | +€457 | +48.1% |
| Gross operating margin | 9900 | €54,645 | €70,504 | +€15,859 | +29.0% |
| Operating profit (loss) | 9901 | €46,532 | €61,162 | +€14,630 | +31.4% |
| Financial income | 75/76B | €233 | €0 | -€233 | -100% |
| Recurring financial income | 75 | €233 | €0 | -€233 | -100% |
| Financial charges | 65/66B | €5,269 | €4,812 | -€456 | -8.7% |
| Recurring financial charges | 65 | €5,269 | €4,812 | -€456 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €41,496 | €56,350 | +€14,854 | +35.8% |
| Income taxes | 67/77 | €9,786 | €13,385 | +€3,599 | +36.8% |
| Profit (loss) for the period | 9904 | €31,710 | €42,965 | +€11,255 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,710 | €42,965 | +€11,255 | +35.5% |
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 28 October 2026 via checked.be.