XACO: 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.
XACO
Largest movements
- Cash +€324
up €324 (+2025.0%), from €16 to €340
mainly Other debts (+€1,551) and Receivables within one year (+€301)
- Receivables within one year -€301
no longer reported in 2025 (was €301)
- Other debts +€1,551
up €1,551 (+0.7%), from €217,545 to €219,096
- Profit (loss) carried forward -€963
down €963 (-0.4%), from -€223,993 to -€224,956
- Trade debts -€565
no longer reported in 2025 (was €565)
- Gross operating margin -€2,087
down €2,087, from €1,653 to -€434
- Other operating charges -€1,505
down €1,505 (-76.4%), from €1,969 to €464
- Financial charges -€122
down €122 (-65.2%), from €187 to €65
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 | €317 | €340 | +€23 | +7.3% |
| Current assets | 29/58 | €317 | €340 | +€23 | +7.3% |
| Amounts receivable within one year | 40/41 | €301 | - | -€301 | |
| Other amounts receivable | 41 | €301 | - | -€301 | |
| Cash at bank and in hand | 54/58 | €16 | €340 | +€324 | +2025.0% |
| Total equity and liabilities | 10/49 | €317 | €340 | +€23 | +7.3% |
| Equity | 10/15 | -€217,793 | -€218,756 | -€963 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,993 | -€224,956 | -€963 | -0.4% |
| Amounts payable | 17/49 | €218,110 | €219,096 | +€986 | +0.5% |
| Amounts payable within one year | 42/48 | €218,110 | €219,096 | +€986 | +0.5% |
| Trade debts | 44 | €565 | - | -€565 | |
| Suppliers | 440/4 | €565 | - | -€565 | |
| Other amounts payable | 47/48 | €217,545 | €219,096 | +€1,551 | +0.7% |
| Other operating charges | 640/8 | €1,969 | €464 | -€1,505 | -76.4% |
| Gross operating margin | 9900 | €1,653 | -€434 | -€2,087 | |
| Operating profit (loss) | 9901 | -€316 | -€898 | -€582 | -184.2% |
| Financial charges | 65/66B | €187 | €65 | -€122 | -65.2% |
| Recurring financial charges | 65 | €187 | €65 | -€122 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | -€503 | -€963 | -€460 | -91.5% |
| Profit (loss) for the period | 9904 | -€503 | -€963 | -€460 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€503 | -€963 | -€460 | -91.5% |
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 2 October 2026 via checked.be.