XTS: what changed
Two fiscal 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.
XTS
Largest movements
- Receivables within one year +€92,057
up €92,057 (+407.8%), from €22,573 to €114,629
of which Trade receivables: +€64,215
- Cash -€28,961
down €28,961 (-37.4%), from €77,422 to €48,461
mainly Receivables within one year (-€92,057) and Stocks and contracts (-€5,500)
- Stocks and contracts +€5,500
up €5,500 (+234.9%), from €2,341 to €7,841
- Trade debts +€54,888
up €54,888 (+1700.0%), from €3,229 to €58,117
- Profit (loss) carried forward +€14,455
up €14,455 (+20.1%), from €71,905 to €86,360
- Gross operating margin -€72,891
down €72,891 (-80.3%), from €90,761 to €17,870
- Taxes -€16,266
down €16,266 (-90.3%), from €18,021 to €1,755
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.
Cash bridge derived
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 | €103,678 | €172,992 | +€69,314 | +66.9% |
| Fixed assets | 21/28 | €997 | €1,438 | +€441 | +44.2% |
| Tangible fixed assets | 22/27 | €997 | €1,438 | +€441 | +44.2% |
| Plant, machinery and equipment | 23 | - | €808 | +€808 | |
| Furniture and vehicles | 24 | €997 | €630 | -€367 | -36.9% |
| Current assets | 29/58 | €102,681 | €171,554 | +€68,873 | +67.1% |
| Stocks and contracts in progress | 3 | €2,341 | €7,841 | +€5,500 | +234.9% |
| Stocks | 30/36 | €2,341 | €7,841 | +€5,500 | +234.9% |
| Amounts receivable within one year | 40/41 | €22,573 | €114,629 | +€92,057 | +407.8% |
| Trade receivables | 40 | €19,648 | €83,862 | +€64,215 | +326.8% |
| Other amounts receivable | 41 | €2,925 | €30,767 | +€27,842 | +951.9% |
| Cash at bank and in hand | 54/58 | €77,422 | €48,461 | -€28,961 | -37.4% |
| Deferred charges and accrued income | 490/1 | €346 | €623 | +€277 | +80.2% |
| Total equity and liabilities | 10/49 | €103,678 | €172,992 | +€69,314 | +66.9% |
| Equity | 10/15 | €87,025 | €101,480 | +€14,455 | +16.6% |
| Contributions | 10/11 | €15,120 | €15,120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,905 | €86,360 | +€14,455 | +20.1% |
| Amounts payable | 17/49 | €16,653 | €71,511 | +€54,858 | +329.4% |
| Amounts payable within one year | 42/48 | €16,653 | €71,511 | +€54,858 | +329.4% |
| Financial debts | 43 | €13,424 | €13,394 | -€30 | -0.2% |
| Credit institutions | 430/8 | €13,424 | €13,394 | -€30 | -0.2% |
| Trade debts | 44 | €3,229 | €58,117 | +€54,888 | +1700.0% |
| Suppliers | 440/4 | €3,229 | €58,117 | +€54,888 | +1700.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105 | €755 | +€650 | +616.3% |
| Other operating charges | 640/8 | €500 | €556 | +€56 | +11.2% |
| Gross operating margin | 9900 | €90,761 | €17,870 | -€72,891 | -80.3% |
| Operating profit (loss) | 9901 | €90,156 | €16,559 | -€73,597 | -81.6% |
| Financial income | 75/76B | €13 | €175 | +€162 | +1246.7% |
| Recurring financial income | 75 | €13 | €175 | +€162 | +1246.7% |
| Financial charges | 65/66B | €243 | €524 | +€281 | +116.0% |
| Recurring financial charges | 65 | €243 | €524 | +€281 | +116.0% |
| Profit (loss) for the period before taxes | 9903 | €89,926 | €16,210 | -€73,716 | -82.0% |
| Income taxes | 67/77 | €18,021 | €1,755 | -€16,266 | -90.3% |
| Profit (loss) for the period | 9904 | €71,905 | €14,455 | -€57,450 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,905 | €14,455 | -€57,450 | -79.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.