XABO: 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.
XABO
Largest movements
- Cash +€225,777
up €225,777 (+2,204%), from €10,245 to €236,023
mainly Current investments (+€188,000) and Debts after one year (+€65,000)
- Current investments -€188,000
no longer reported in 2025 (was €188,000)
- Reserves +€89,000
up €89,000 (+137%), from €65,000 to €154,000
- Debts after one year +€65,000
up €65,000 (+4.3%), from €1.5m to €1.6m
- Profit (loss) carried forward -€55,705
down €55,705 (-98.9%), from €56,297 to €592
- Other debts -€54,029
down €54,029 (-94.3%), from €57,321 to €3,292
- Financial income -€5,286
down €5,286 (-72.9%), from €7,249 to €1,963
- Gross operating margin +€2,622
up €2,622 (+5.8%), from €45,089 to €47,711
- Other operating charges -€491
down €491 (-30.1%), from €1,634 to €1,143
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 | €1,703,783 | €1,748,096 | +€44,313 | +2.6% |
| Current assets | 29/58 | €1,703,783 | €1,748,096 | +€44,313 | +2.6% |
| Stocks and contracts in progress | 3 | €1,500,986 | €1,500,986 | = | 0.0% |
| Stocks | 30/36 | €1,500,986 | €1,500,986 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,552 | €11,041 | +€6,489 | +143% |
| Trade receivables | 40 | €4,552 | €9,399 | +€4,847 | +106% |
| Other amounts receivable | 41 | - | €1,642 | +€1,642 | |
| Current investments | 50/53 | €188,000 | - | -€188,000 | |
| Cash at bank and in hand | 54/58 | €10,245 | €236,023 | +€225,777 | +2,204% |
| Deferred charges and accrued income | 490/1 | - | €46 | +€46 | |
| Total equity and liabilities | 10/49 | €1,703,783 | €1,748,096 | +€44,313 | +2.6% |
| Equity | 10/15 | €139,897 | €173,192 | +€33,295 | +23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,000 | €154,000 | +€89,000 | +137% |
| Distributable reserves | 133 | €65,000 | €154,000 | +€89,000 | +137% |
| Profit (loss) carried forward | 14 | €56,297 | €592 | -€55,705 | -98.9% |
| Amounts payable | 17/49 | €1,563,886 | €1,574,903 | +€11,017 | +0.7% |
| Amounts payable after more than one year | 17 | €1,500,000 | €1,565,000 | +€65,000 | +4.3% |
| Financial debts | 170/4 | €1,500,000 | €1,565,000 | +€65,000 | +4.3% |
| Amounts payable within one year | 42/48 | €63,886 | €9,903 | -€53,983 | -84.5% |
| Trade debts | 44 | €2,832 | €2,698 | -€134 | -4.7% |
| Suppliers | 440/4 | €2,832 | €2,698 | -€134 | -4.7% |
| Taxes, remuneration and social security | 45 | €3,733 | €3,913 | +€180 | +4.8% |
| Taxes | 450/3 | €3,733 | €3,913 | +€180 | +4.8% |
| Other amounts payable | 47/48 | €57,321 | €3,292 | -€54,029 | -94.3% |
| Other operating charges | 640/8 | €1,634 | €1,143 | -€491 | -30.1% |
| Gross operating margin | 9900 | €45,089 | €47,711 | +€2,622 | +5.8% |
| Operating profit (loss) | 9901 | €43,456 | €46,569 | +€3,113 | +7.2% |
| Financial income | 75/76B | €7,249 | €1,963 | -€5,286 | -72.9% |
| Recurring financial income | 75 | €7,249 | €1,963 | -€5,286 | -72.9% |
| Financial charges | 65/66B | €79 | €232 | +€153 | +193% |
| Recurring financial charges | 65 | €79 | €232 | +€153 | +193% |
| Profit (loss) for the period before taxes | 9903 | €50,625 | €48,299 | -€2,326 | -4.6% |
| Income taxes | 67/77 | €14,613 | €15,004 | +€391 | +2.7% |
| Profit (loss) for the period | 9904 | €36,012 | €33,295 | -€2,717 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,012 | €33,295 | -€2,717 | -7.5% |
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 16 October 2026 via checked.be.