XVO PROJECTS: 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.
XVO PROJECTS
Largest movements
- Current investments +€61,394
up €61,394 (+6324.6%), from €971 to €62,364
- Receivables within one year +€9,846
up €9,846 (+48.3%), from €20,386 to €30,232
- Cash +€2,335
up €2,335 (+34.4%), from €6,792 to €9,127
mainly Net result for the year (+€60,814) and Tax, wage and social debts (+€12,605)
- Reserves +€59,981
up €59,981 (+450.1%), from €13,326 to €73,306
- Tax, wage and social debts +€12,605
up €12,605 (+117.9%), from €10,690 to €23,294
- Gross operating margin +€57,316
up €57,316 (+295.4%), from €19,401 to €76,716
- Taxes +€12,270
up €12,270 (+349.8%), from €3,508 to €15,778
- Financial charges -€1,916
down €1,916 (-74.6%), from €2,567 to €651
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 | €29,181 | €102,848 | +€73,667 | +252.4% |
| Current assets | 29/58 | €29,181 | €102,848 | +€73,667 | +252.4% |
| Amounts receivable within one year | 40/41 | €20,386 | €30,232 | +€9,846 | +48.3% |
| Trade receivables | 40 | €20,386 | €30,232 | +€9,846 | +48.3% |
| Current investments | 50/53 | €971 | €62,364 | +€61,394 | +6324.6% |
| Cash at bank and in hand | 54/58 | €6,792 | €9,127 | +€2,335 | +34.4% |
| Deferred charges and accrued income | 490/1 | €1,032 | €1,125 | +€93 | +9.0% |
| Total equity and liabilities | 10/49 | €29,181 | €102,848 | +€73,667 | +252.4% |
| Equity | 10/15 | €15,826 | €75,806 | +€59,981 | +379.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,326 | €73,306 | +€59,981 | +450.1% |
| Distributable reserves | 133 | €13,326 | €73,306 | +€59,981 | +450.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,355 | €27,042 | +€13,686 | +102.5% |
| Amounts payable within one year | 42/48 | €13,355 | €27,042 | +€13,686 | +102.5% |
| Trade debts | 44 | €88 | €155 | +€67 | +76.3% |
| Suppliers | 440/4 | €88 | €155 | +€67 | +76.3% |
| Taxes, remuneration and social security | 45 | €10,690 | €23,294 | +€12,605 | +117.9% |
| Taxes | 450/3 | €10,690 | €23,294 | +€12,605 | +117.9% |
| Other amounts payable | 47/48 | €2,578 | €3,592 | +€1,015 | +39.4% |
| Gross operating margin | 9900 | €19,401 | €76,716 | +€57,316 | +295.4% |
| Operating profit (loss) | 9901 | €19,401 | €76,716 | +€57,316 | +295.4% |
| Financial income | 75/76B | - | €527 | +€527 | |
| Recurring financial income | 75 | - | €527 | +€527 | |
| Financial charges | 65/66B | €2,567 | €651 | -€1,916 | -74.6% |
| Recurring financial charges | 65 | €2,567 | €651 | -€1,916 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €16,834 | €76,592 | +€59,758 | +355.0% |
| Income taxes | 67/77 | €3,508 | €15,778 | +€12,270 | +349.8% |
| Profit (loss) for the period | 9904 | €13,326 | €60,814 | +€47,488 | +356.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,326 | €60,814 | +€47,488 | +356.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.