XYCLO: 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.
XYCLO
Largest movements
- Cash -€61,584
down €61,584 (-17.6%), from €350,811 to €289,226
mainly Contributions, distributions and other (-€80,380) and Tax, wage and social debts (-€9,002)
- Reserves -€35,662
down €35,662 (-10.5%), from €339,888 to €304,227
- Contributions -€18,500
down €18,500 (-99.5%), from €18,600 to €100
- Tax, wage and social debts -€9,002
down €9,002 (-85.3%), from €10,551 to €1,550
- Other debts -€4,889
no longer reported in 2025 (was €4,889)
- Gross operating margin -€50,216
down €50,216 (-54.9%), from €91,525 to €41,309
- Taxes -€11,686
down €11,686 (-52.2%), from €22,377 to €10,690
- Depreciation -€8,927
down €8,927 (-71.4%), from €12,510 to €3,583
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 | €374,244 | €306,283 | -€67,960 | -18.2% |
| Fixed assets | 21/28 | €6,601 | €3,018 | -€3,583 | -54.3% |
| Tangible fixed assets | 22/27 | €6,601 | €3,018 | -€3,583 | -54.3% |
| Land and buildings | 22 | €416 | €351 | -€65 | -15.6% |
| Plant, machinery and equipment | 23 | €3,697 | €1,845 | -€1,852 | -50.1% |
| Furniture and vehicles | 24 | €2,488 | €822 | -€1,667 | -67.0% |
| Current assets | 29/58 | €367,643 | €303,266 | -€64,377 | -17.5% |
| Amounts receivable within one year | 40/41 | €16,108 | €13,598 | -€2,510 | -15.6% |
| Trade receivables | 40 | €13,552 | €4,352 | -€9,200 | -67.9% |
| Other amounts receivable | 41 | €2,556 | €9,246 | +€6,690 | +262% |
| Cash at bank and in hand | 54/58 | €350,811 | €289,226 | -€61,584 | -17.6% |
| Deferred charges and accrued income | 490/1 | €723 | €441 | -€282 | -39.0% |
| Total equity and liabilities | 10/49 | €374,244 | €306,283 | -€67,960 | -18.2% |
| Equity | 10/15 | €358,488 | €304,327 | -€54,162 | -15.1% |
| Contributions | 10/11 | €18,600 | €100 | -€18,500 | -99.5% |
| Reserves | 13 | €339,888 | €304,227 | -€35,662 | -10.5% |
| Distributable reserves | 133 | €339,888 | €304,227 | -€35,662 | -10.5% |
| Amounts payable | 17/49 | €15,755 | €1,956 | -€13,799 | -87.6% |
| Amounts payable within one year | 42/48 | €15,755 | €1,956 | -€13,799 | -87.6% |
| Trade debts | 44 | €315 | €407 | +€92 | +29.3% |
| Suppliers | 440/4 | €315 | €407 | +€92 | +29.3% |
| Taxes, remuneration and social security | 45 | €10,551 | €1,550 | -€9,002 | -85.3% |
| Taxes | 450/3 | €10,551 | €1,550 | -€9,002 | -85.3% |
| Other amounts payable | 47/48 | €4,889 | - | -€4,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,510 | €3,583 | -€8,927 | -71.4% |
| Other operating charges | 640/8 | €705 | €720 | +€14 | +2.0% |
| Gross operating margin | 9900 | €91,525 | €41,309 | -€50,216 | -54.9% |
| Operating profit (loss) | 9901 | €78,309 | €37,006 | -€41,303 | -52.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €54 | €101 | +€47 | +87.3% |
| Recurring financial charges | 65 | €54 | €101 | +€47 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €78,255 | €36,909 | -€41,346 | -52.8% |
| Income taxes | 67/77 | €22,377 | €10,690 | -€11,686 | -52.2% |
| Profit (loss) for the period | 9904 | €55,878 | €26,219 | -€29,660 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,878 | €26,219 | -€29,660 | -53.1% |
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 26 October 2026 via checked.be.