OXXO: what changed
Two fiscal 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.
OXXO
Largest movements
- Receivables within one year +€104,378
up €104,378 (+45.1%), from €231,442 to €335,820
of which Trade receivables: +€103,015
- Cash -€19,751
down €19,751 (-88.0%), from €22,440 to €2,689
mainly Receivables within one year (-€104,378) and Other debts (-€88,528)
- Other debts -€88,528
down €88,528 (-89.2%), from €99,260 to €10,732
- Reserves +€87,600
up €87,600 (+53.0%), from €165,331 to €252,931
- Accrued charges and deferred income -€46,264
down €46,264 (-97.1%), from €47,654 to €1,390
- Trade debts +€45,981
up €45,981 (+46.7%), from €98,401 to €144,382
- Debts after one year +€38,450
up €38,450 (+11.3%), from €339,974 to €378,424
- Gross operating margin +€103,961
up €103,961 (+125.8%), from €82,662 to €186,624
- Other operating charges -€48,403
no longer reported in 2025 (was €48,403)
- Taxes +€31,149
up €31,149 (+1074.3%), from €2,899 to €34,049
- Staff costs +€17,352
new in 2025: €17,352
- Depreciation +€16,968
up €16,968 (+120.9%), from €14,037 to €31,005
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 | €829,694 | €920,770 | +€91,076 | +11.0% |
| Fixed assets | 21/28 | €575,378 | €582,226 | +€6,849 | +1.2% |
| Tangible fixed assets | 22/27 | €575,378 | €582,226 | +€6,849 | +1.2% |
| Land and buildings | 22 | €466,741 | €408,264 | -€58,477 | -12.5% |
| Plant, machinery and equipment | 23 | €88,487 | €155,799 | +€67,312 | +76.1% |
| Furniture and vehicles | 24 | €20,150 | €18,164 | -€1,986 | -9.9% |
| Current assets | 29/58 | €254,316 | €338,544 | +€84,227 | +33.1% |
| Amounts receivable within one year | 40/41 | €231,442 | €335,820 | +€104,378 | +45.1% |
| Trade receivables | 40 | €230,705 | €333,720 | +€103,015 | +44.7% |
| Other amounts receivable | 41 | €737 | €2,101 | +€1,364 | +185.0% |
| Cash at bank and in hand | 54/58 | €22,440 | €2,689 | -€19,751 | -88.0% |
| Deferred charges and accrued income | 490/1 | €434 | €34 | -€400 | -92.2% |
| Total equity and liabilities | 10/49 | €829,694 | €920,770 | +€91,076 | +11.0% |
| Equity | 10/15 | €189,354 | €276,983 | +€87,628 | +46.3% |
| Contributions | 10/11 | €18,626 | €18,626 | = | 0.0% |
| Reserves | 13 | €165,331 | €252,931 | +€87,600 | +53.0% |
| Distributable reserves | 133 | €165,331 | €252,931 | +€87,600 | +53.0% |
| Profit (loss) carried forward | 14 | €5,398 | €5,426 | +€28 | +0.5% |
| Amounts payable | 17/49 | €640,340 | €643,787 | +€3,448 | +0.5% |
| Amounts payable after more than one year | 17 | €339,974 | €378,424 | +€38,450 | +11.3% |
| Financial debts | 170/4 | €339,974 | €378,424 | +€38,450 | +11.3% |
| Amounts payable within one year | 42/48 | €252,712 | €263,973 | +€11,261 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €20,007 | €35,378 | +€15,370 | +76.8% |
| Financial debts | 43 | - | €25,012 | +€25,012 | |
| Credit institutions | 430/8 | - | €25,012 | +€25,012 | |
| Trade debts | 44 | €98,401 | €144,382 | +€45,981 | +46.7% |
| Suppliers | 440/4 | €98,401 | €144,382 | +€45,981 | +46.7% |
| Taxes, remuneration and social security | 45 | €35,044 | €48,469 | +€13,425 | +38.3% |
| Taxes | 450/3 | €35,044 | €48,469 | +€13,425 | +38.3% |
| Other amounts payable | 47/48 | €99,260 | €10,732 | -€88,528 | -89.2% |
| Accrued charges and deferred income | 492/3 | €47,654 | €1,390 | -€46,264 | -97.1% |
| Remuneration, social security and pensions | 62 | - | €17,352 | +€17,352 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,037 | €31,005 | +€16,968 | +120.9% |
| Other operating charges | 640/8 | €48,403 | - | -€48,403 | |
| Non-recurring operating charges | 66A | €447 | - | -€447 | |
| Gross operating margin | 9900 | €82,662 | €186,624 | +€103,961 | +125.8% |
| Operating profit (loss) | 9901 | €19,775 | €138,267 | +€118,492 | +599.2% |
| Financial charges | 65/66B | €8,375 | €16,590 | +€8,215 | +98.1% |
| Recurring financial charges | 65 | €8,375 | €16,590 | +€8,215 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €11,400 | €121,677 | +€110,277 | +967.3% |
| Income taxes | 67/77 | €2,899 | €34,049 | +€31,149 | +1074.3% |
| Profit (loss) for the period | 9904 | €8,501 | €87,628 | +€79,127 | +930.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,501 | €87,628 | +€79,127 | +930.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.