ABSIL XANTHIPPE: 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.
ABSIL XANTHIPPE
Largest movements
- Stocks and contracts +€27,891
up €27,891 (+31.1%), from €89,736 to €117,627
- Cash +€7,947
up €7,947 (+3.6%), from €221,150 to €229,097
mainly Net result for the year (+€61,471) and Other debts (+€48,454)
- Tangible fixed assets -€6,898
down €6,898 (-40.5%), from €17,013 to €10,115
of which Land and buildings: -€6,073
- Deferred charges and accrued income +€6,084
up €6,084 (+239%), from €2,541 to €8,625
- Receivables within one year -€3,684
down €3,684 (-64.1%), from €5,744 to €2,060
of which Trade receivables: -€3,684
- Other debts +€48,454
up €48,454 (+505%), from €9,604 to €58,058
- Reserves -€17,529
down €17,529 (-7.1%), from €245,632 to €228,103
- Depreciation -€5,076
down €5,076 (-42.4%), from €11,973 to €6,898
- Taxes +€3,341
up €3,341 (+15.2%), from €21,922 to €25,263
- Gross operating margin +€3,123
up €3,123 (+3.5%), from €88,285 to €91,407
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 | €336,208 | €367,549 | +€31,341 | +9.3% |
| Fixed assets | 21/28 | €17,038 | €10,140 | -€6,898 | -40.5% |
| Tangible fixed assets | 22/27 | €17,013 | €10,115 | -€6,898 | -40.5% |
| Land and buildings | 22 | €6,073 | - | -€6,073 | |
| Plant, machinery and equipment | 23 | €6,548 | €5,114 | -€1,434 | -21.9% |
| Furniture and vehicles | 24 | €4,392 | €0 | -€4,392 | -100% |
| Other tangible fixed assets | 26 | - | €5,001 | +€5,001 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €319,170 | €357,409 | +€38,239 | +12.0% |
| Stocks and contracts in progress | 3 | €89,736 | €117,627 | +€27,891 | +31.1% |
| Stocks | 30/36 | €89,736 | €117,627 | +€27,891 | +31.1% |
| Amounts receivable within one year | 40/41 | €5,744 | €2,060 | -€3,684 | -64.1% |
| Trade receivables | 40 | €5,744 | €2,060 | -€3,684 | -64.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €221,150 | €229,097 | +€7,947 | +3.6% |
| Deferred charges and accrued income | 490/1 | €2,541 | €8,625 | +€6,084 | +239% |
| Total equity and liabilities | 10/49 | €336,208 | €367,549 | +€31,341 | +9.3% |
| Equity | 10/15 | €282,141 | €264,611 | -€17,529 | -6.2% |
| Contributions | 10/11 | €36,508 | €36,508 | = | 0.0% |
| Reserves | 13 | €245,632 | €228,103 | -€17,529 | -7.1% |
| Distributable reserves | 133 | €245,632 | €228,103 | -€17,529 | -7.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,068 | €102,938 | +€48,870 | +90.4% |
| Amounts payable within one year | 42/48 | €54,068 | €102,938 | +€48,870 | +90.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €1,250 | +€1,250 | |
| Credit institutions | 430/8 | - | €1,250 | +€1,250 | |
| Trade debts | 44 | €13,363 | €11,327 | -€2,036 | -15.2% |
| Suppliers | 440/4 | €13,363 | €11,327 | -€2,036 | -15.2% |
| Advances received on contracts in progress | 46 | €7,321 | €5,491 | -€1,830 | -25.0% |
| Taxes, remuneration and social security | 45 | €23,780 | €26,813 | +€3,033 | +12.8% |
| Taxes | 450/3 | €20,673 | €26,813 | +€6,140 | +29.7% |
| Remuneration and social security | 454/9 | €3,107 | €0 | -€3,107 | -100% |
| Other amounts payable | 47/48 | €9,604 | €58,058 | +€48,454 | +505% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,973 | €6,898 | -€5,076 | -42.4% |
| Other operating charges | 640/8 | €1,517 | €677 | -€841 | -55.4% |
| Gross operating margin | 9900 | €88,285 | €91,407 | +€3,123 | +3.5% |
| Operating profit (loss) | 9901 | €74,794 | €83,833 | +€9,039 | +12.1% |
| Financial income | 75/76B | €4,619 | €4,025 | -€595 | -12.9% |
| Recurring financial income | 75 | €4,619 | €4,025 | -€595 | -12.9% |
| Financial charges | 65/66B | €1,122 | €1,123 | +€2 | +0.1% |
| Recurring financial charges | 65 | €1,122 | €1,123 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €78,291 | €86,734 | +€8,443 | +10.8% |
| Income taxes | 67/77 | €21,922 | €25,263 | +€3,341 | +15.2% |
| Profit (loss) for the period | 9904 | €56,369 | €61,471 | +€5,101 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,369 | €61,471 | +€5,101 | +9.1% |
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 17 October 2026 via checked.be.