STATION 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.
STATION XAVIER
Largest movements
- Stocks and contracts -€36,620
no longer reported in 2025 (was €36,620)
- Receivables within one year -€15,789
down €15,789 (-98.3%), from €16,060 to €271
of which Trade receivables: -€11,722
- Tangible fixed assets -€15,238
down €15,238 (-7.3%), from €209,804 to €194,566
of which Land and buildings: -€14,499
- Trade debts -€46,235
down €46,235 (-99.7%), from €46,378 to €143
- Current portion of long-term debt -€15,017
down €15,017 (-54.4%), from €27,607 to €12,590
- Other debts -€13,849
down €13,849 (-11.3%), from €122,471 to €108,622
- Profit (loss) carried forward +€6,237
up €6,237 (+11.6%), from -€53,966 to -€47,729
- Debts after one year +€3,915
up €3,915 (+5.5%), from €71,384 to €75,299
- Other operating charges -€15,696
down €15,696 (-66.8%), from €23,487 to €7,791
- Financial charges -€7,929
down €7,929 (-57.8%), from €13,726 to €5,797
- Gross operating margin -€4,067
down €4,067 (-11.4%), from €35,815 to €31,748
- Depreciation -€618
down €618 (-3.9%), from €15,856 to €15,238
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 | €263,870 | €196,557 | -€67,313 | -25.5% |
| Fixed assets | 21/28 | €209,804 | €194,566 | -€15,238 | -7.3% |
| Tangible fixed assets | 22/27 | €209,804 | €194,566 | -€15,238 | -7.3% |
| Land and buildings | 22 | €208,282 | €193,783 | -€14,499 | -7.0% |
| Furniture and vehicles | 24 | €1,522 | €783 | -€739 | -48.5% |
| Current assets | 29/58 | €54,066 | €1,991 | -€52,075 | -96.3% |
| Stocks and contracts in progress | 3 | €36,620 | - | -€36,620 | |
| Stocks | 30/36 | €36,620 | - | -€36,620 | |
| Amounts receivable within one year | 40/41 | €16,060 | €271 | -€15,789 | -98.3% |
| Trade receivables | 40 | €11,992 | €270 | -€11,722 | -97.7% |
| Other amounts receivable | 41 | €4,067 | €1 | -€4,066 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,386 | €1,495 | +€108 | +7.8% |
| Deferred charges and accrued income | 490/1 | - | €225 | +€225 | |
| Total equity and liabilities | 10/49 | €263,870 | €196,557 | -€67,313 | -25.5% |
| Equity | 10/15 | -€4,420 | -€1,498 | +€2,921 | +66.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,966 | -€47,729 | +€6,237 | +11.6% |
| Investment grants | 15 | €41,487 | €38,171 | -€3,316 | -8.0% |
| Amounts payable | 17/49 | €268,290 | €198,055 | -€70,234 | -26.2% |
| Amounts payable after more than one year | 17 | €71,384 | €75,299 | +€3,915 | +5.5% |
| Financial debts | 170/4 | €71,384 | €75,299 | +€3,915 | +5.5% |
| Amounts payable within one year | 42/48 | €196,906 | €122,756 | -€74,149 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €27,607 | €12,590 | -€15,017 | -54.4% |
| Trade debts | 44 | €46,378 | €143 | -€46,235 | -99.7% |
| Suppliers | 440/4 | €46,378 | €143 | -€46,235 | -99.7% |
| Advances received on contracts in progress | 46 | €450 | €160 | -€290 | -64.4% |
| Taxes, remuneration and social security | 45 | - | €1,242 | +€1,242 | |
| Taxes | 450/3 | - | €1,242 | +€1,242 | |
| Other amounts payable | 47/48 | €122,471 | €108,622 | -€13,849 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,856 | €15,238 | -€618 | -3.9% |
| Other operating charges | 640/8 | €23,487 | €7,791 | -€15,696 | -66.8% |
| Gross operating margin | 9900 | €35,815 | €31,748 | -€4,067 | -11.4% |
| Operating profit (loss) | 9901 | -€3,529 | €8,719 | +€12,247 | |
| Financial income | 75/76B | €3,317 | €3,316 | -€1 | 0.0% |
| Recurring financial income | 75 | €3,317 | €3,316 | -€1 | 0.0% |
| Financial charges | 65/66B | €13,726 | €5,797 | -€7,929 | -57.8% |
| Recurring financial charges | 65 | €13,726 | €5,797 | -€7,929 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,938 | €6,237 | +€20,175 | |
| Profit (loss) for the period | 9904 | -€13,938 | €6,237 | +€20,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,938 | €6,237 | +€20,175 |
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.