XTAM: what changed
XTAM
Largest movements
- Receivables within one year -€27,180
down €27,180 (-94.9%), from €28,647 to €1,467
of which Trade receivables: -€28,647
- Cash -€26,293
down €26,293 (-38.8%), from €67,679 to €41,386
mainly Tax, wage and social debts (-€37,336) and Net result for the year (-€13,664)
- Tax, wage and social debts -€37,336
down €37,336 (-81.4%), from €45,841 to €8,505
- Profit (loss) carried forward -€13,664
down €13,664 (-42.0%), from €32,527 to €18,863
- Other debts -€3,735
down €3,735 (-23.9%), from €15,623 to €11,888
- Gross operating margin -€52,086
down €52,086, from €41,048 to -€11,038
- Taxes -€8,495
down €8,495 (-99.9%), from €8,500 to €5
- Financial charges +€1,563
up €1,563 (+7,443%), from €21 to €1,584
- Other operating charges +€1,037
new in 2025: €1,037
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Current assets | 29/58 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Amounts receivable within one year | 40/41 | €28,647 | €1,467 | -€27,180 | -94.9% |
| Trade receivables | 40 | €28,647 | - | -€28,647 | |
| Other amounts receivable | 41 | - | €1,467 | +€1,467 | |
| Cash at bank and in hand | 54/58 | €67,679 | €41,386 | -€26,293 | -38.8% |
| Deferred charges and accrued income | 490/1 | €494 | €96 | -€398 | -80.6% |
| Total equity and liabilities | 10/49 | €96,820 | €42,949 | -€53,871 | -55.6% |
| Equity | 10/15 | €34,527 | €20,863 | -€13,664 | -39.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,527 | €18,863 | -€13,664 | -42.0% |
| Amounts payable | 17/49 | €62,293 | €22,086 | -€40,207 | -64.5% |
| Amounts payable within one year | 42/48 | €62,293 | €22,086 | -€40,207 | -64.5% |
| Trade debts | 44 | €829 | €1,693 | +€864 | +104% |
| Suppliers | 440/4 | €829 | €1,693 | +€864 | +104% |
| Taxes, remuneration and social security | 45 | €45,841 | €8,505 | -€37,336 | -81.4% |
| Taxes | 450/3 | €45,841 | €8,505 | -€37,336 | -81.4% |
| Other amounts payable | 47/48 | €15,623 | €11,888 | -€3,735 | -23.9% |
| Other operating charges | 640/8 | - | €1,037 | +€1,037 | |
| Gross operating margin | 9900 | €41,048 | -€11,038 | -€52,086 | |
| Operating profit (loss) | 9901 | €41,048 | -€12,075 | -€53,123 | |
| Financial charges | 65/66B | €21 | €1,584 | +€1,563 | +7,443% |
| Recurring financial charges | 65 | €21 | €1,584 | +€1,563 | +7,443% |
| Profit (loss) for the period before taxes | 9903 | €41,027 | -€13,659 | -€54,686 | |
| Income taxes | 67/77 | €8,500 | €5 | -€8,495 | -99.9% |
| Profit (loss) for the period | 9904 | €32,527 | -€13,664 | -€46,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,527 | -€13,664 | -€46,191 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.