JIN XIU: 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.
JIN XIU
Largest movements
- Cash +€23,803
up €23,803 (+18.9%), from €126,275 to €150,077
mainly Net result for the year (+€22,306) and Depreciation (+€15,020)
- Tangible fixed assets -€15,020
down €15,020 (-26.4%), from €56,870 to €41,850
of which Furniture and vehicles: -€12,074
- Stocks and contracts -€3,911
down €3,911 (-36.7%), from €10,668 to €6,758
- Receivables within one year +€3,443
up €3,443 (+891.9%), from €386 to €3,829
of which Other amounts receivable: +€1,921
- Reserves +€22,000
up €22,000 (+26.3%), from €83,511 to €105,511
of which Distributable reserves: +€22,000
- Other debts -€10,180
down €10,180 (-84.5%), from €12,042 to €1,861
- Tax, wage and social debts -€3,895
down €3,895 (-71.7%), from €5,429 to €1,534
of which Taxes: -€4,171
- Gross operating margin -€24,892
down €24,892 (-34.2%), from €72,826 to €47,934
- Taxes -€13,711
down €13,711 (-65.2%), from €21,022 to €7,311
- Other operating charges +€3,057
up €3,057 (+223.3%), from €1,369 to €4,426
- Financial charges -€1,616
no longer reported in 2025 (was €1,616)
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.
Cash bridge derived
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 | €194,950 | €203,568 | +€8,618 | +4.4% |
| Fixed assets | 21/28 | €56,870 | €41,850 | -€15,020 | -26.4% |
| Tangible fixed assets | 22/27 | €56,870 | €41,850 | -€15,020 | -26.4% |
| Land and buildings | 22 | €4,970 | €4,048 | -€922 | -18.6% |
| Plant, machinery and equipment | 23 | €11,244 | €9,221 | -€2,023 | -18.0% |
| Furniture and vehicles | 24 | €40,655 | €28,581 | -€12,074 | -29.7% |
| Current assets | 29/58 | €138,081 | €161,718 | +€23,637 | +17.1% |
| Stocks and contracts in progress | 3 | €10,668 | €6,758 | -€3,911 | -36.7% |
| Stocks | 30/36 | €10,668 | €6,758 | -€3,911 | -36.7% |
| Amounts receivable within one year | 40/41 | €386 | €3,829 | +€3,443 | +891.9% |
| Trade receivables | 40 | - | €1,522 | +€1,522 | |
| Other amounts receivable | 41 | €386 | €2,307 | +€1,921 | +497.6% |
| Cash at bank and in hand | 54/58 | €126,275 | €150,077 | +€23,803 | +18.9% |
| Deferred charges and accrued income | 490/1 | €752 | €1,054 | +€302 | +40.1% |
| Total equity and liabilities | 10/49 | €194,950 | €203,568 | +€8,618 | +4.4% |
| Equity | 10/15 | €175,491 | €197,796 | +€22,306 | +12.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €83,511 | €105,511 | +€22,000 | +26.3% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,636 | €12,636 | = | 0.0% |
| Distributable reserves | 133 | €69,000 | €91,000 | +€22,000 | +31.9% |
| Profit (loss) carried forward | 14 | €73,229 | €73,535 | +€306 | +0.4% |
| Amounts payable | 17/49 | €19,460 | €5,772 | -€13,688 | -70.3% |
| Amounts payable within one year | 42/48 | €19,460 | €5,772 | -€13,688 | -70.3% |
| Trade debts | 44 | €1,989 | €2,376 | +€387 | +19.4% |
| Suppliers | 440/4 | €1,989 | €2,376 | +€387 | +19.4% |
| Taxes, remuneration and social security | 45 | €5,429 | €1,534 | -€3,895 | -71.7% |
| Taxes | 450/3 | €5,099 | €928 | -€4,171 | -81.8% |
| Remuneration and social security | 454/9 | €330 | €606 | +€276 | +83.7% |
| Other amounts payable | 47/48 | €12,042 | €1,861 | -€10,180 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,020 | €15,020 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,369 | €4,426 | +€3,057 | +223.3% |
| Gross operating margin | 9900 | €72,826 | €47,934 | -€24,892 | -34.2% |
| Operating profit (loss) | 9901 | €56,438 | €28,488 | -€27,949 | -49.5% |
| Financial income | 75/76B | €1,100 | €1,129 | +€29 | +2.6% |
| Recurring financial income | 75 | €1,100 | €1,129 | +€29 | +2.6% |
| Financial charges | 65/66B | €1,616 | - | -€1,616 | |
| Recurring financial charges | 65 | €1,616 | - | -€1,616 | |
| Profit (loss) for the period before taxes | 9903 | €55,922 | €29,617 | -€26,305 | -47.0% |
| Income taxes | 67/77 | €21,022 | €7,311 | -€13,711 | -65.2% |
| Profit (loss) for the period | 9904 | €34,900 | €22,306 | -€12,595 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,900 | €22,306 | -€12,595 | -36.1% |
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 11 October 2026 via checked.be.