Xabo Projects: 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 Projects
Largest movements
- Stocks and contracts +€165,740
up €165,740 (+16.1%), from €1.0m to €1.2m
- Debts after one year +€183,000
up €183,000 (+17.8%), from €1.0m to €1.2m
- Gross operating margin +€5,002
up €5,002 (+45.3%), from -€11,052 to -€6,051
- Financial income -€1,916
down €1,916 (-91.8%), from €2,087 to €171
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 | €1,034,916 | €1,204,788 | +€169,872 | +16.4% |
| Current assets | 29/58 | €1,034,916 | €1,204,788 | +€169,872 | +16.4% |
| Stocks and contracts in progress | 3 | €1,031,420 | €1,197,161 | +€165,740 | +16.1% |
| Stocks | 30/36 | €1,031,420 | €1,197,161 | +€165,740 | +16.1% |
| Amounts receivable within one year | 40/41 | €2,781 | €2,327 | -€454 | -16.3% |
| Other amounts receivable | 41 | €2,781 | €2,327 | -€454 | -16.3% |
| Cash at bank and in hand | 54/58 | €447 | €3,963 | +€3,516 | +786% |
| Deferred charges and accrued income | 490/1 | €267 | €1,338 | +€1,070 | +401% |
| Total equity and liabilities | 10/49 | €1,034,916 | €1,204,788 | +€169,872 | +16.4% |
| Equity | 10/15 | €835 | -€5,794 | -€6,630 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,165 | -€25,794 | -€6,630 | -34.6% |
| Amounts payable | 17/49 | €1,034,081 | €1,210,583 | +€176,502 | +17.1% |
| Amounts payable after more than one year | 17 | €1,026,600 | €1,209,600 | +€183,000 | +17.8% |
| Financial debts | 170/4 | €1,026,600 | €1,209,600 | +€183,000 | +17.8% |
| Amounts payable within one year | 42/48 | €7,481 | €983 | -€6,498 | -86.9% |
| Trade debts | 44 | €7,464 | €966 | -€6,498 | -87.1% |
| Suppliers | 440/4 | €7,464 | €966 | -€6,498 | -87.1% |
| Other amounts payable | 47/48 | €17 | €17 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €570 | +€42 | +8.0% |
| Gross operating margin | 9900 | -€11,052 | -€6,051 | +€5,002 | +45.3% |
| Operating profit (loss) | 9901 | -€11,580 | -€6,621 | +€4,959 | +42.8% |
| Financial income | 75/76B | €2,087 | €171 | -€1,916 | -91.8% |
| Recurring financial income | 75 | €2,087 | €171 | -€1,916 | -91.8% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,643 | -€6,630 | +€3,013 | +31.2% |
| Profit (loss) for the period | 9904 | -€9,643 | -€6,630 | +€3,013 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,643 | -€6,630 | +€3,013 | +31.2% |
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 13 October 2026 via checked.be.