XAGNIX: 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.
XAGNIX
Largest movements
- Tangible fixed assets -€18,015
down €18,015 (-24.8%), from €72,749 to €54,734
of which Furniture and vehicles: -€16,469
- Cash -€13,415
down €13,415 (-18.2%), from €73,541 to €60,125
mainly Trade debts (-€48,419) and Receivables within one year (-€3,294)
- Receivables within one year +€3,294
up €3,294 (+35.0%), from €9,412 to €12,705
of which Trade receivables: +€8,783
- Deferred charges and accrued income +€2,523
up €2,523 (+326%), from €775 to €3,298
- Trade debts -€48,419
down €48,419 (-93.6%), from €51,751 to €3,332
- Reserves +€16,027
up €16,027 (+22.4%), from €71,568 to €87,596
- Tax, wage and social debts +€9,053
up €9,053 (+250%), from €3,626 to €12,679
of which Taxes: +€9,053
- Other debts -€1,888
down €1,888 (-37.0%), from €5,100 to €3,212
- Depreciation +€568
up €568 (+3.2%), from €18,004 to €18,573
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 | €156,476 | €130,862 | -€25,614 | -16.4% |
| Fixed assets | 21/28 | €72,749 | €54,734 | -€18,015 | -24.8% |
| Tangible fixed assets | 22/27 | €72,749 | €54,734 | -€18,015 | -24.8% |
| Land and buildings | 22 | €552 | €110 | -€442 | -80.0% |
| Plant, machinery and equipment | 23 | €2,264 | €1,160 | -€1,104 | -48.8% |
| Furniture and vehicles | 24 | €69,932 | €53,463 | -€16,469 | -23.5% |
| Current assets | 29/58 | €83,727 | €76,128 | -€7,599 | -9.1% |
| Amounts receivable within one year | 40/41 | €9,412 | €12,705 | +€3,294 | +35.0% |
| Trade receivables | 40 | €3,916 | €12,699 | +€8,783 | +224% |
| Other amounts receivable | 41 | €5,496 | €7 | -€5,489 | -99.9% |
| Cash at bank and in hand | 54/58 | €73,541 | €60,125 | -€13,415 | -18.2% |
| Deferred charges and accrued income | 490/1 | €775 | €3,298 | +€2,523 | +326% |
| Total equity and liabilities | 10/49 | €156,476 | €130,862 | -€25,614 | -16.4% |
| Equity | 10/15 | €95,612 | €111,639 | +€16,027 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,568 | €87,596 | +€16,027 | +22.4% |
| Distributable reserves | 133 | €71,568 | €87,596 | +€16,027 | +22.4% |
| Profit (loss) carried forward | 14 | €17,844 | €17,844 | = | 0.0% |
| Amounts payable | 17/49 | €60,864 | €19,223 | -€41,641 | -68.4% |
| Amounts payable within one year | 42/48 | €60,477 | €19,223 | -€41,254 | -68.2% |
| Trade debts | 44 | €51,751 | €3,332 | -€48,419 | -93.6% |
| Suppliers | 440/4 | €51,751 | €3,332 | -€48,419 | -93.6% |
| Taxes, remuneration and social security | 45 | €3,626 | €12,679 | +€9,053 | +250% |
| Taxes | 450/3 | €1,926 | €10,979 | +€9,053 | +470% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €5,100 | €3,212 | -€1,888 | -37.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,004 | €18,573 | +€568 | +3.2% |
| Other operating charges | 640/8 | €173 | €214 | +€41 | +23.7% |
| Gross operating margin | 9900 | €42,460 | €42,570 | +€110 | +0.3% |
| Operating profit (loss) | 9901 | €24,282 | €23,784 | -€499 | -2.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €307 | €94 | -€213 | -69.4% |
| Recurring financial charges | 65 | €307 | €94 | -€213 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €23,975 | €23,692 | -€284 | -1.2% |
| Income taxes | 67/77 | €6,869 | €6,805 | -€63 | -0.9% |
| Profit (loss) for the period | 9904 | €17,107 | €16,886 | -€220 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,107 | €16,886 | -€220 | -1.3% |
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 15 October 2026 via checked.be.