XYRES: 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.
XYRES
Largest movements
- Receivables within one year -€30,242
down €30,242 (-30.6%), from €98,914 to €68,672
of which Other amounts receivable: -€19,119
- Tangible fixed assets -€7,980
down €7,980 (-27.6%), from €28,872 to €20,892
- Deferred charges and accrued income +€6,773
up €6,773 (+615%), from €1,101 to €7,873
- Cash -€5,586
down €5,586 (-5.2%), from €106,636 to €101,050
mainly Other debts (-€129,639) and Deferred charges and accrued income (-€6,773)
- Other debts -€129,639
no longer reported in 2025 (was €129,639)
- Reserves +€68,754
up €68,754 (+22.3%), from €308,418 to €377,172
of which Distributable reserves: +€85,592
- Advances received +€15,000
new in 2025: €15,000
- Tax, wage and social debts +€8,993
up €8,993 (+49.1%), from €18,329 to €27,322
- Gross operating margin -€4,274
down €4,274 (-3.8%), from €111,454 to €107,179
- Taxes +€3,838
up €3,838 (+12.1%), from €31,735 to €35,572
- Financial income -€1,295
down €1,295 (-10.8%), from €12,017 to €10,721
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 | €535,522 | €498,487 | -€37,035 | -6.9% |
| Fixed assets | 21/28 | €28,872 | €20,892 | -€7,980 | -27.6% |
| Tangible fixed assets | 22/27 | €28,872 | €20,892 | -€7,980 | -27.6% |
| Furniture and vehicles | 24 | €28,872 | €20,892 | -€7,980 | -27.6% |
| Current assets | 29/58 | €506,651 | €477,595 | -€29,055 | -5.7% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €98,914 | €68,672 | -€30,242 | -30.6% |
| Trade receivables | 40 | €15,622 | €4,499 | -€11,123 | -71.2% |
| Other amounts receivable | 41 | €83,291 | €64,172 | -€19,119 | -23.0% |
| Cash at bank and in hand | 54/58 | €106,636 | €101,050 | -€5,586 | -5.2% |
| Deferred charges and accrued income | 490/1 | €1,101 | €7,873 | +€6,773 | +615% |
| Total equity and liabilities | 10/49 | €535,522 | €498,487 | -€37,035 | -6.9% |
| Equity | 10/15 | €386,511 | €455,265 | +€68,754 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €308,418 | €377,172 | +€68,754 | +22.3% |
| Tax-exempt reserves | 132 | €16,838 | - | -€16,838 | |
| Distributable reserves | 133 | €291,580 | €377,172 | +€85,592 | +29.4% |
| Profit (loss) carried forward | 14 | €59,493 | €59,493 | = | 0.0% |
| Amounts payable | 17/49 | €149,011 | €43,222 | -€105,790 | -71.0% |
| Amounts payable within one year | 42/48 | €149,011 | €43,222 | -€105,790 | -71.0% |
| Trade debts | 44 | €1,044 | €900 | -€143 | -13.7% |
| Suppliers | 440/4 | €1,044 | €900 | -€143 | -13.7% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €18,329 | €27,322 | +€8,993 | +49.1% |
| Taxes | 450/3 | €18,329 | €27,322 | +€8,993 | +49.1% |
| Other amounts payable | 47/48 | €129,639 | - | -€129,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,234 | €11,794 | +€560 | +5.0% |
| Other operating charges | 640/8 | €1,116 | €1,730 | +€614 | +55.0% |
| Gross operating margin | 9900 | €111,454 | €107,179 | -€4,274 | -3.8% |
| Operating profit (loss) | 9901 | €99,104 | €93,656 | -€5,448 | -5.5% |
| Financial income | 75/76B | €12,017 | €10,721 | -€1,295 | -10.8% |
| Recurring financial income | 75 | €12,017 | €10,721 | -€1,295 | -10.8% |
| Financial charges | 65/66B | €108 | €51 | -€57 | -53.1% |
| Recurring financial charges | 65 | €108 | €51 | -€57 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €111,013 | €104,327 | -€6,687 | -6.0% |
| Income taxes | 67/77 | €31,735 | €35,572 | +€3,838 | +12.1% |
| Profit (loss) for the period | 9904 | €79,279 | €68,754 | -€10,524 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,279 | €68,754 | -€10,524 | -13.3% |
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 23 October 2026 via checked.be.