XAJANE: 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.
XAJANE
Largest movements
- Tangible fixed assets -€90,079
down €90,079 (-5.2%), from €1.7m to €1.6m
of which Land and buildings: -€89,161
- Debts after one year -€77,266
down €77,266 (-9.4%), from €821,551 to €744,285
- Gross operating margin +€13,007
up €13,007 (+12.0%), from €108,398 to €121,405
- Purchases and services -€12,571
down €12,571 (-39.3%), from €31,988 to €19,417
- Other operating charges +€6,640
up €6,640 (+92.4%), from €7,182 to €13,822
- Financial income +€4,715
new in 2025: €4,715
- Financial charges -€1,381
down €1,381 (-8.3%), from €16,545 to €15,164
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 | €1,989,572 | €1,919,986 | -€69,586 | -3.5% |
| Fixed assets | 21/28 | €1,734,048 | €1,643,970 | -€90,079 | -5.2% |
| Tangible fixed assets | 22/27 | €1,734,048 | €1,643,970 | -€90,079 | -5.2% |
| Land and buildings | 22 | €1,733,131 | €1,643,970 | -€89,161 | -5.1% |
| Furniture and vehicles | 24 | €918 | - | -€918 | |
| Current assets | 29/58 | €255,523 | €276,016 | +€20,493 | +8.0% |
| Amounts receivable within one year | 40/41 | €70,802 | €87,207 | +€16,406 | +23.2% |
| Trade receivables | 40 | €65,802 | €82,207 | +€16,406 | +24.9% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €182,496 | €186,547 | +€4,051 | +2.2% |
| Deferred charges and accrued income | 490/1 | €2,225 | €2,262 | +€37 | +1.6% |
| Total equity and liabilities | 10/49 | €1,989,572 | €1,919,986 | -€69,586 | -3.5% |
| Equity | 10/15 | €1,053,060 | €1,059,435 | +€6,376 | +0.6% |
| Contributions | 10/11 | €1,140,000 | €1,140,000 | = | 0.0% |
| Capital | 10 | €1,140,000 | €1,140,000 | = | 0.0% |
| Issued capital | 100 | €1,140,000 | €1,140,000 | = | 0.0% |
| Reserves | 13 | €19,952 | €19,952 | = | 0.0% |
| Distributable reserves | 133 | €19,952 | €19,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,893 | -€100,517 | +€6,376 | +6.0% |
| Amounts payable | 17/49 | €936,512 | €860,551 | -€75,961 | -8.1% |
| Amounts payable after more than one year | 17 | €821,551 | €744,285 | -€77,266 | -9.4% |
| Financial debts | 170/4 | €821,551 | €744,285 | -€77,266 | -9.4% |
| Amounts payable within one year | 42/48 | €114,961 | €116,266 | +€1,305 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €75,931 | €77,266 | +€1,335 | +1.8% |
| Trade debts | 44 | €30 | - | -€30 | |
| Suppliers | 440/4 | €30 | - | -€30 | |
| Other amounts payable | 47/48 | €39,000 | €39,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,988 | €19,417 | -€12,571 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,956 | €90,079 | -€877 | -1.0% |
| Other operating charges | 640/8 | €7,182 | €13,822 | +€6,640 | +92.4% |
| Gross operating margin | 9900 | €108,398 | €121,405 | +€13,007 | +12.0% |
| Operating profit (loss) | 9901 | €10,260 | €17,505 | +€7,245 | +70.6% |
| Financial income | 75/76B | - | €4,715 | +€4,715 | |
| Recurring financial income | 75 | - | €4,715 | +€4,715 | |
| Financial charges | 65/66B | €16,545 | €15,164 | -€1,381 | -8.3% |
| Recurring financial charges | 65 | €16,545 | €15,164 | -€1,381 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,285 | €7,056 | +€13,341 | |
| Income taxes | 67/77 | - | €680 | +€680 | |
| Profit (loss) for the period | 9904 | -€6,285 | €6,376 | +€12,661 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,285 | €6,376 | +€12,661 |
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 6 October 2026 via checked.be.