CHEZ XAVIER: 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.
CHEZ XAVIER
Largest movements
- Tangible fixed assets +€153,170
up €153,170, from €0 to €153,170
of which Plant, machinery and equipment: +€90,775
- Cash -€79,178
down €79,178 (-71.3%), from €110,987 to €31,809
mainly Investment in fixed assets (net) (-€173,093) and Receivables within one year (-€72,699)
- Receivables within one year +€72,699
up €72,699 (+188%), from €38,752 to €111,451
of which Other amounts receivable: +€94,072
- Stocks and contracts +€16,245
new in 2025: €16,245
- Reserves +€103,527
up €103,527 (+101%), from €102,825 to €206,352
- Tax, wage and social debts +€21,744
up €21,744 (+1,814%), from €1,199 to €22,943
of which Taxes: +€12,666
- Debts after one year +€15,967
new in 2025: €15,967
- Short-term financial debts +€15,000
new in 2025: €15,000
- Trade debts +€8,109
up €8,109 (+35.7%), from €22,735 to €30,844
- Gross operating margin +€196,131
up €196,131 (+1,352%), from €14,512 to €210,644
- Taxes +€42,285
up €42,285 (+949%), from €4,458 to €46,743
- Staff costs +€34,337
new in 2025: €34,337
- Depreciation +€19,523
up €19,523 (+4,881%), from €400 to €19,923
- Other operating charges +€3,632
up €3,632 (+279%), from €1,300 to €4,933
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 | €152,113 | €318,179 | +€166,066 | +109% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €600 | €153,770 | +€153,170 | +25,528% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €153,170 | +€153,170 | |
| Land and buildings | 22 | - | €1 | +€1 | |
| Plant, machinery and equipment | 23 | €0 | €90,775 | +€90,775 | |
| Furniture and vehicles | 24 | €0 | €39,693 | +€39,693 | |
| Other tangible fixed assets | 26 | - | €22,700 | +€22,700 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €151,513 | €164,410 | +€12,897 | +8.5% |
| Stocks and contracts in progress | 3 | - | €16,245 | +€16,245 | |
| Stocks | 30/36 | - | €16,245 | +€16,245 | |
| Amounts receivable within one year | 40/41 | €38,752 | €111,451 | +€72,699 | +188% |
| Trade receivables | 40 | €34,007 | €12,635 | -€21,373 | -62.8% |
| Other amounts receivable | 41 | €4,744 | €98,816 | +€94,072 | +1,983% |
| Cash at bank and in hand | 54/58 | €110,987 | €31,809 | -€79,178 | -71.3% |
| Deferred charges and accrued income | 490/1 | €1,774 | €4,905 | +€3,131 | +176% |
| Total equity and liabilities | 10/49 | €152,113 | €318,179 | +€166,066 | +109% |
| Equity | 10/15 | €121,425 | €224,952 | +€103,527 | +85.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,825 | €206,352 | +€103,527 | +101% |
| Distributable reserves | 133 | €102,825 | €206,352 | +€103,527 | +101% |
| Amounts payable | 17/49 | €30,689 | €93,228 | +€62,539 | +204% |
| Amounts payable after more than one year | 17 | - | €15,967 | +€15,967 | |
| Financial debts | 170/4 | - | €15,967 | +€15,967 | |
| Amounts payable within one year | 42/48 | €30,689 | €72,515 | +€41,827 | +136% |
| Current portion of amounts payable after more than one year | 42 | - | €3,728 | +€3,728 | |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Credit institutions | 430/8 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €22,735 | €30,844 | +€8,109 | +35.7% |
| Suppliers | 440/4 | €22,735 | €30,844 | +€8,109 | +35.7% |
| Taxes, remuneration and social security | 45 | €1,199 | €22,943 | +€21,744 | +1,814% |
| Taxes | 450/3 | €1,199 | €13,865 | +€12,666 | +1,056% |
| Remuneration and social security | 454/9 | - | €9,078 | +€9,078 | |
| Other amounts payable | 47/48 | €6,755 | - | -€6,755 | |
| Accrued charges and deferred income | 492/3 | - | €4,745 | +€4,745 | |
| Non-recurring operating income | 76A | - | €60,000 | +€60,000 | |
| Remuneration, social security and pensions | 62 | - | €34,337 | +€34,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €19,923 | +€19,523 | +4,881% |
| Other operating charges | 640/8 | €1,300 | €4,933 | +€3,632 | +279% |
| Gross operating margin | 9900 | €14,512 | €210,644 | +€196,131 | +1,352% |
| Operating profit (loss) | 9901 | €12,812 | €151,450 | +€138,639 | +1,082% |
| Financial income | 75/76B | €46 | €1,744 | +€1,699 | +3,698% |
| Recurring financial income | 75 | €46 | €1,744 | +€1,699 | +3,698% |
| Financial charges | 65/66B | €2 | €2,925 | +€2,923 | +170,943% |
| Recurring financial charges | 65 | €2 | €2,925 | +€2,923 | +170,943% |
| Profit (loss) for the period before taxes | 9903 | €12,856 | €150,270 | +€137,414 | +1,069% |
| Income taxes | 67/77 | €4,458 | €46,743 | +€42,285 | +949% |
| Profit (loss) for the period | 9904 | €8,398 | €103,527 | +€95,129 | +1,133% |
| Profit (loss) for the period to be appropriated | 9905 | €8,398 | €103,527 | +€95,129 | +1,133% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.