LE XALKIS: 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.
LE XALKIS
Largest movements
- Receivables within one year -€21,165
down €21,165 (-71.5%), from €29,601 to €8,437
- Tangible fixed assets -€12,119
down €12,119 (-15.8%), from €76,633 to €64,514
of which Furniture and vehicles: -€20,725
- Intangible fixed assets -€10,000
down €10,000 (-30.8%), from €32,466 to €22,466
- Cash -€1,553
no longer reported in 2025 (was €1,553)
mainly Trade debts (-€20,093) and Net result for the year (-€17,504)
- Trade debts -€20,093
down €20,093 (-57.2%), from €35,124 to €15,031
- Profit (loss) carried forward -€17,504
down €17,504 (-47.0%), from -€37,257 to -€54,761
- Other debts -€7,644
down €7,644 (-9.9%), from €77,538 to €69,894
- Debts after one year -€3,691
down €3,691 (-11.1%), from €33,347 to €29,656
- Current portion of long-term debt +€2,845
up €2,845 (+21.5%), from €13,260 to €16,105
- Staff costs +€11,688
up €11,688 (+22.9%), from €51,058 to €62,746
- Financial charges -€5,274
down €5,274 (-44.7%), from €11,786 to €6,512
- Other operating charges +€1,821
up €1,821 (+126%), from €1,446 to €3,266
- Depreciation +€1,590
up €1,590 (+4.8%), from €32,997 to €34,587
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 | €143,536 | €98,231 | -€45,306 | -31.6% |
| Fixed assets | 21/28 | €109,099 | €86,980 | -€22,119 | -20.3% |
| Intangible fixed assets | 21 | €32,466 | €22,466 | -€10,000 | -30.8% |
| Tangible fixed assets | 22/27 | €76,633 | €64,514 | -€12,119 | -15.8% |
| Plant, machinery and equipment | 23 | €6,006 | €9,211 | +€3,204 | +53.4% |
| Furniture and vehicles | 24 | €70,627 | €49,902 | -€20,725 | -29.3% |
| Other tangible fixed assets | 26 | - | €5,402 | +€5,402 | |
| Current assets | 29/58 | €34,438 | €11,251 | -€23,187 | -67.3% |
| Stocks and contracts in progress | 3 | €3,284 | €2,814 | -€470 | -14.3% |
| Stocks | 30/36 | €3,284 | €2,814 | -€470 | -14.3% |
| Amounts receivable within one year | 40/41 | €29,601 | €8,437 | -€21,165 | -71.5% |
| Trade receivables | 40 | €29,601 | €8,437 | -€21,165 | -71.5% |
| Cash at bank and in hand | 54/58 | €1,553 | - | -€1,553 | |
| Total equity and liabilities | 10/49 | €143,536 | €98,231 | -€45,306 | -31.6% |
| Equity | 10/15 | -€31,057 | -€48,561 | -€17,504 | -56.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,257 | -€54,761 | -€17,504 | -47.0% |
| Amounts payable | 17/49 | €174,594 | €146,792 | -€27,802 | -15.9% |
| Amounts payable after more than one year | 17 | €33,347 | €29,656 | -€3,691 | -11.1% |
| Financial debts | 170/4 | €33,347 | €29,656 | -€3,691 | -11.1% |
| Amounts payable within one year | 42/48 | €141,247 | €117,136 | -€24,111 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €13,260 | €16,105 | +€2,845 | +21.5% |
| Financial debts | 43 | €1,563 | €1,065 | -€499 | -31.9% |
| Credit institutions | 430/8 | €1,563 | €1,065 | -€499 | -31.9% |
| Trade debts | 44 | €35,124 | €15,031 | -€20,093 | -57.2% |
| Suppliers | 440/4 | €35,124 | €15,031 | -€20,093 | -57.2% |
| Taxes, remuneration and social security | 45 | €13,762 | €15,042 | +€1,280 | +9.3% |
| Taxes | 450/3 | €7,214 | €8,059 | +€844 | +11.7% |
| Remuneration and social security | 454/9 | €6,548 | €6,983 | +€436 | +6.7% |
| Other amounts payable | 47/48 | €77,538 | €69,894 | -€7,644 | -9.9% |
| Remuneration, social security and pensions | 62 | €51,058 | €62,746 | +€11,688 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,997 | €34,587 | +€1,590 | +4.8% |
| Other operating charges | 640/8 | €1,446 | €3,266 | +€1,821 | +126% |
| Gross operating margin | 9900 | €89,161 | €89,607 | +€446 | +0.5% |
| Operating profit (loss) | 9901 | €3,661 | -€10,992 | -€14,653 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €11,786 | €6,512 | -€5,274 | -44.7% |
| Recurring financial charges | 65 | €11,786 | €6,512 | -€5,274 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,118 | -€17,504 | -€9,386 | -116% |
| Income taxes | 67/77 | €78 | - | -€78 | |
| Profit (loss) for the period | 9904 | -€8,196 | -€17,504 | -€9,308 | -114% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,196 | -€17,504 | -€9,308 | -114% |
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 22 October 2026 via checked.be.