XERXES (0441.911.214): financials and annual accounts

XERXES

Ghent ·KBO/BCE: BE 0441.911.214

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	6.0m	5.5m	5.3m	5.1m	4.5m	4.4m	4.3m	4.2m	4.4m	4.3m	4.4m	4.0m	4.4m	4.1m	3.9m	3.8m	2.8m	2.0m	1.8m
`21/28`	5.6m	4.4m	3.6m	3.2m	3.5m	3.6m	3.7m	3.8m	4.0m	4.1m	4.2m	3.0m	1.9m	2.0m	1.7m	1.8m	2.1m	390,170	407,577
`22/27`	5.1m	3.9m	3.1m	3.2m	3.5m	3.6m	3.7m	3.8m	4.0m	4.1m	4.2m	3.0m	1.9m	2.0m	1.7m	1.8m	2.1m	390,170	407,577
`22`	5.1m	3.9m	3.1m	3.2m	3.5m	3.6m	3.7m	3.8m	4.0m	4.1m	4.2m	3.0m	1.9m	2.0m	1.7m	1.8m	2.1m	389,665	406,558
`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	101	202	304	405	505	607
`24`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	412
`28`	459,763	459,763	459,763	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	430,843	1.1m	1.7m	1.9m	992,503	754,740	577,505	316,439	466,202	213,889	208,222	959,380	2.5m	2.0m	2.2m	2.1m	709,103	1.6m	1.4m
`40/41`	238,141	394,280	400,752	84,982	18,737	14,902	11,706	16,371	1,176	40	10,919	11,384	265,819	15,176	94	14,284	603,563	11,974	8,164
`40`	22,540	140,710	104,752	0	2,669	3,359	10,107	9,725	1,176	40	-	-	-	-	-	10,239	7,540	2,314	1,016
`41`	215,601	253,569	296,000	84,982	16,068	11,543	1,599	6,646	-	-	10,919	11,384	265,819	15,176	94	4,045	596,023	9,660	7,148
`50/53`	150,073	558,748	1.2m	913,473	100,946	300,942	421,165	121,267	121,284	160,109	145,020	111,510	1.2m	98,906	373,906	98,906	98,881	1.5m	1.2m
`54/58`	39,337	175,585	155,731	913,457	870,471	436,963	142,815	178,118	343,742	53,739	48,147	817,485	1.0m	1.9m	1.8m	1.9m	6,144	29,116	183,536
`490/1`	3,291	2,372	2,910	11,370	2,349	1,932	1,818	683	-	-	4,136	19,000	21,668	-	2,956	-	515	1,725	-
Balance sheet: equity and liabilities
`10/49`	6.0m	5.5m	5.3m	5.1m	4.5m	4.4m	4.3m	4.2m	4.4m	4.3m	4.4m	4.0m	4.4m	4.1m	3.9m	3.8m	2.8m	2.0m	1.8m
`10/15`	5.1m	4.9m	4.8m	4.6m	4.1m	3.9m	3.8m	3.7m	3.9m	3.7m	3.6m	3.5m	3.4m	3.1m	3.0m	2.9m	1.8m	1.8m	1.7m
`10/11`	828,000	828,000	828,000	828,000	828,000	828,000	828,000	828,000	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m
`10`	828,000	828,000	828,000	828,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	828,000	828,000	828,000	828,000	828,000	828,000	828,000	828,000	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m	1.2m
`13`	4.2m	4.1m	3.9m	3.8m	3.2m	3.1m	3.0m	2.8m	2.7m	2.5m	2.4m	2.2m	2.2m	1.9m	1.8m	1.7m	413,593	569,020	428,041
`130/1`	82,800	82,800	82,800	82,800	82,800	82,800	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	82,800	82,800	82,800	82,800	82,800	82,800	82,800	122,800	122,800	122,800	122,800	122,800	122,800	122,800	122,800	122,800	100,000	100,000	100,000
`132`	349,486	385,293	418,864	452,904	132,041	146,174	176,134	206,094	236,054	266,014	295,974	325,934	355,893	1.2m	1.2m	1.3m	274,508	288,956	288,956
`133`	3.8m	3.6m	3.4m	3.2m	3.0m	2.9m	2.7m	2.5m	2.3m	2.1m	1.9m	1.8m	1.7m	589,686	477,304	287,116	39,085	180,064	39,085
`14`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	120,020	-	-
`16`	116,495	128,431	139,621	150,968	44,014	75,268	90,695	106,122	121,549	136,976	152,403	167,830	183,257	603,095	616,074	649,283	141,350	148,790	148,790
`168`	116,495	128,431	139,621	150,968	44,014	75,268	90,695	106,122	121,549	136,976	152,403	167,830	183,257	603,095	616,074	649,283	141,350	148,790	148,790
`17/49`	827,241	430,014	389,516	374,248	370,437	364,806	413,216	403,159	381,871	411,576	663,544	319,607	859,136	344,339	306,885	296,907	872,747	18,356	14,633
`42/48`	783,393	390,336	358,318	348,372	339,304	330,996	379,506	370,302	355,369	397,203	638,178	319,607	842,591	329,975	289,900	275,355	868,232	13,439	11,455
`42`	267,047	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`43`	-	-	-	-	-	-	-	-	-	25,000	306,250	-	30,508	38,349	-	-	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	25,000	306,250	-	30,508	38,349	-	-	-	-	-
`44`	0	889	-	-	-	243	-	88	810	-	10,161	-	9,620	843	-	-	590,149	283	184
`440/4`	0	889	-	-	-	243	-	88	810	-	10,161	-	9,620	843	-	-	590,149	283	184
`46`	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`45`	6,442	19,791	693	-	-	-	-	-	11,327	39,351	-	-	499,400	-	12,952	-	4,650	1,023	240
`450/3`	6,442	19,791	693	-	-	-	-	-	11,327	39,351	-	-	499,400	-	12,952	-	2,736	1,023	240
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,914	-	-
`47/48`	409,903	369,655	357,624	348,372	339,304	330,753	379,506	370,214	343,232	332,852	321,767	319,607	303,063	290,783	276,948	275,355	273,433	12,133	11,031
`492/3`	43,849	39,679	31,199	25,876	31,133	33,810	33,710	32,857	26,502	14,373	25,366	-	16,545	14,364	16,985	21,552	4,515	4,917	3,178
Income statement
`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61,572
`76A`	-	-	0	473,204	-	-	-	-	-	-	11,818	18,690	-	-	-	-	-	-	-
`9900`	488,852	423,072	373,542	855,728	363,299	315,708	373,379	357,505	353,938	329,427	295,834	179,549	403,100	168,935	167,324	1.7m	66,336	60,426	3,025
`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66,856
`630`	224,603	151,531	100,235	100,077	116,439	116,439	116,439	116,439	117,218	116,901	186,065	142,651	55,738	56,304	40,225	40,525	155,262	17,407	16,991
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	38,348	-	-	-	-	-
`640/8`	32,535	29,824	28,421	24,139	51,404	1,060	22,744	22,501	36,117	7,911	13,349	16,022	11,248	10,987	17,949	6,559	6,582	6,260	6,208
`9901`	231,714	241,718	244,887	731,512	195,457	198,209	234,196	218,565	200,603	204,615	96,420	20,876	336,114	63,296	109,150	1.6m	-95,508	36,759	-20,174
`75/76B`	12,299	31,148	11,242	2,058	34	41	83	133	40,928	8,922	21,303	17,246	61,315	42,093	18,314	14,353	54,943	105,010	49,291
`75`	12,299	31,148	11,242	2,058	34	41	83	133	40,928	8,922	21,303	17,246	61,315	42,093	18,314	14,353	54,943	105,010	49,291
`65/66B`	36,329	25,808	17,581	13,453	13,102	15,587	16,309	15,794	16,110	15,988	18,676	336	9,895	14,602	17,394	17,322	2,282	790	299
`65`	36,329	25,808	17,581	13,453	13,102	15,587	16,309	15,794	16,110	15,988	18,676	336	9,895	14,602	17,394	17,322	2,282	790	299
`9903`	207,685	247,058	238,547	720,117	182,389	182,663	217,971	202,904	225,422	197,549	110,864	56,475	387,534	90,787	110,070	1.6m	-42,847	140,979	28,818
`780`	11,936	11,190	11,347	11,347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`680`	-	-	0	118,301	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	80,357	91,955	84,860	85,021	66,695	73,457	83,401	90,394	57,447	56,816	12,016	43	522,715	16,590	17,581	-	-	-	2,359
`9904`	139,264	166,293	165,034	528,141	127,041	124,633	149,996	127,937	183,402	156,160	114,275	71,859	284,657	87,176	125,697	1.1m	-35,408	140,979	26,459
`789`	35,807	33,571	34,040	34,040	34,040	29,960	29,960	29,960	29,960	29,960	29,960	29,960	957,418	25,206	64,491	14,448	14,448	-	-
`689`	-	-	0	354,903	-	-	-	-	-	-	-	-	142,075	-	-	1.0m	-	-	-
`9905`	175,071	199,864	199,074	207,278	161,081	154,593	179,956	157,897	213,362	186,120	144,235	101,819	1.1m	112,382	190,188	150,810	-20,960	140,979	26,459
Appropriation of the result
`9906`	175,071	199,864	199,074	207,278	161,081	154,593	179,956	157,897	213,362	186,120	144,235	101,819	1.1m	112,382	190,188	129,850	-20,960	140,979	26,459
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	140,980	-	-
`691/2`	175,071	199,864	199,074	207,278	161,081	154,593	179,956	157,897	213,362	186,120	144,235	101,819	1.1m	112,382	190,188	129,850	-	140,979	26,459
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,800	-	-	-
`6921`	175,071	199,864	199,074	207,278	161,081	154,593	179,956	157,897	213,362	186,120	144,235	101,819	1.1m	112,382	190,188	107,050	-	140,979	26,459
Social balance sheet
`9087`	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-08-2025	abbreviated format	18-03-2026	2026-00056306	PDF
31-08-2024	abbreviated format	28-03-2025	2025-00057345	PDF
31-08-2023	abbreviated format	13-03-2024	2024-00042621	PDF
31-08-2022	abbreviated format	10-03-2023	2023-00037797	PDF
31-08-2021	abbreviated format	15-03-2022	2022-07700093	PDF
31-08-2020	abbreviated format	26-02-2021	2021-06300403	PDF
31-08-2019	abbreviated format	19-02-2020	2020-05300022	PDF
31-08-2018	abbreviated format	21-02-2019	2019-05600435	PDF
31-08-2017	abbreviated format	22-02-2018	2018-05400424	PDF
31-08-2016	abbreviated format	26-02-2017	2017-05600110	PDF
31-08-2015	abbreviated format	25-02-2016	2016-05300328	PDF
31-08-2014	abbreviated format	22-02-2015	2015-04800330	PDF
31-08-2013	abbreviated format	13-02-2014	2014-03300176	PDF
31-08-2012	abbreviated format	08-02-2013	2013-02900111	PDF
31-08-2011	abbreviated format	27-01-2012	2012-01600329	PDF
31-08-2010	abbreviated format	18-03-2011	2011-05900505	PDF
31-08-2009	abbreviated format	24-02-2010	2010-05100012	PDF
31-08-2008	abbreviated format	29-01-2009	2009-02800032	PDF
31-08-2007	abbreviated format	01-02-2008	2008-03300052	PDF
31-08-2006	abbreviated format	26-01-2007	2007-02600396	PDF
31-08-2005	abbreviated format	27-01-2006	2006-02703970	PDF
31-08-2004	abbreviated format	03-02-2005	2005-04303490	PDF
31-08-2003	abbreviated format	03-02-2004	2004-03700741	PDF
31-08-2002	abbreviated format	04-02-2003	2003-03502858	PDF
31-08-2001	abbreviated format	20-02-2002	2002-04602956	PDF
31-08-2000	abbreviated format	31-01-2001	2001-03302477	PDF
31-08-1999	abbreviated format	02-02-2000	2000-03004607	PDF
31-08-1998	abbreviated format	08-02-1999	1999-02800591	PDF
31-08-1997	abbreviated format	04-02-1998	1998-02200431	PDF
31-08-1996	abbreviated format	31-01-1997	1997-01702471	PDF
31-08-1994	abbreviated format	20-02-1995	1995-02701922	PDF
31-08-1993	abbreviated format	01-03-1994	1994-03102294	PDF
31-08-1992	abbreviated format	03-05-1994	1994-07202930	PDF
31-08-1991	abbreviated format	26-02-1992	1992-02201812	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
456,317	393,249	345,122	831,588	311,896	314,648	350,635	335,004	317,822	321,516	282,485	163,527	391,852	119,600	149,375	1.7m	59,754	54,166	-3,183
363,867	317,824	265,269	628,218	243,480	241,072	266,435	244,376	300,620	273,061	300,340	214,511	340,395	143,480	165,922	1.2m	119,854	158,386	43,450
1.4m	937,948	470,672	-191,796	0	0	0	0	3,175	0	1.4m	1.2m	-40,148	355,419	0	-243,005	1.8m	0	7,793
-136,248	19,855	-757,726	42,986	433,508	294,148	-35,303	-165,624	290,003	5,592	-769,338	-190,296	-895,326	75,410	-121,076	1.9m	-22,972	-154,420	-
-352,549	740,649	1.4m	1.6m	653,200	423,744	197,998	-53,863	110,833	-183,314	-429,955	639,773	1.7m	1.7m	1.9m	1.8m	-159,129	1.6m	1.4m
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32.8%
84.3%	89.8%	90.0%	89.8%	90.8%	89.9%	88.3%	87.8%	88.6%	87.2%	81.4%	87.7%	76.5%	76.7%	76.6%	75.4%	63.5%	91.5%	91.0%
0.55	2.90	4.81	5.52	2.93	2.28	1.52	0.85	1.31	0.54	0.33	3.00	2.96	6.11	7.60	7.49	0.82	-	-
0.16	0.09	0.08	0.08	0.09	0.09	0.11	0.11	0.10	0.11	0.19	0.09	0.25	0.11	0.10	0.10	0.50	0.01	0.01
2.7%	3.4%	3.5%	11.5%	3.1%	3.2%	3.9%	3.5%	4.7%	4.2%	3.2%	2.1%	8.4%	2.8%	4.2%	39.2%	-2.0%	7.8%	1.6%
2.3%	3.0%	3.1%	10.3%	2.8%	2.9%	3.5%	3.1%	4.1%	3.6%	2.6%	1.8%	6.4%	2.1%	3.2%	29.6%	-1.3%	7.2%	1.5%
12.56	15.24	19.63	61.81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6 days
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1 day

Item	31-08-2025	31-08-2024	31-08-2023	31-08-2022
Tangible fixed assets	€1.4m	€937,948	€10,909	-
Financial fixed assets	-	-	€459,763	-
	€224,603	€151,531	€100,235	€100,077

XERXES

Annual accounts 2025

Money flows

Balance sheet

in €m

in €m

Position in the sector

84.3%

0.55

2.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on XERXES

Next steps

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency84.3%

Current ratio0.55

Return on assets2.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on XERXES

Next steps

in €m

in €m

84.3%

0.55

2.3%