XALOSA: 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.
XALOSA
Largest movements
- Cash -€25,386
down €25,386 (-35.4%), from €71,703 to €46,316
mainly Other debts (-€48,937) and Tax, wage and social debts (-€9,778)
- Receivables within one year -€4,958
down €4,958 (-24.1%), from €20,541 to €15,583
of which Other amounts receivable: -€4,129
- Other debts -€48,937
down €48,937 (-97.9%), from €50,000 to €1,063
- Profit (loss) carried forward +€30,130
up €30,130 (+17483.0%), from €172 to €30,303
- Tax, wage and social debts -€9,778
down €9,778 (-33.9%), from €28,812 to €19,034
- Trade debts +€2,259
up €2,259 (+95.1%), from €2,376 to €4,635
- Accrued charges and deferred income -€2,250
no longer reported in 2025 (was €2,250)
- Gross operating margin -€36,419
down €36,419 (-42.4%), from €85,860 to €49,441
- Taxes -€8,129
down €8,129 (-40.6%), from €20,010 to €11,881
- Depreciation +€2,355
up €2,355 (+245.8%), from €958 to €3,313
- Financial charges +€1,771
up €1,771 (+233.0%), from €760 to €2,531
- Other operating charges +€1,055
up €1,055 (+107.8%), from €979 to €2,034
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 | €97,610 | €69,035 | -€28,575 | -29.3% |
| Fixed assets | 21/28 | €5,246 | €6,154 | +€908 | +17.3% |
| Tangible fixed assets | 22/27 | €5,246 | €6,097 | +€851 | +16.2% |
| Furniture and vehicles | 24 | €5,246 | €6,097 | +€851 | +16.2% |
| Financial fixed assets | 28 | - | €57 | +€57 | |
| Current assets | 29/58 | €92,364 | €62,881 | -€29,484 | -31.9% |
| Amounts receivable within one year | 40/41 | €20,541 | €15,583 | -€4,958 | -24.1% |
| Trade receivables | 40 | €16,044 | €15,216 | -€828 | -5.2% |
| Other amounts receivable | 41 | €4,496 | €367 | -€4,129 | -91.8% |
| Cash at bank and in hand | 54/58 | €71,703 | €46,316 | -€25,386 | -35.4% |
| Deferred charges and accrued income | 490/1 | €121 | €981 | +€860 | +712.5% |
| Total equity and liabilities | 10/49 | €97,610 | €69,035 | -€28,575 | -29.3% |
| Equity | 10/15 | €14,172 | €44,303 | +€30,130 | +212.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172 | €30,303 | +€30,130 | +17483.0% |
| Amounts payable | 17/49 | €83,438 | €24,732 | -€58,705 | -70.4% |
| Amounts payable within one year | 42/48 | €81,188 | €24,732 | -€56,455 | -69.5% |
| Trade debts | 44 | €2,376 | €4,635 | +€2,259 | +95.1% |
| Suppliers | 440/4 | €2,376 | €4,635 | +€2,259 | +95.1% |
| Taxes, remuneration and social security | 45 | €28,812 | €19,034 | -€9,778 | -33.9% |
| Taxes | 450/3 | €28,812 | €19,034 | -€9,778 | -33.9% |
| Other amounts payable | 47/48 | €50,000 | €1,063 | -€48,937 | -97.9% |
| Accrued charges and deferred income | 492/3 | €2,250 | - | -€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €3,313 | +€2,355 | +245.8% |
| Other operating charges | 640/8 | €979 | €2,034 | +€1,055 | +107.8% |
| Gross operating margin | 9900 | €85,860 | €49,441 | -€36,419 | -42.4% |
| Operating profit (loss) | 9901 | €83,923 | €44,094 | -€39,829 | -47.5% |
| Financial income | 75/76B | €19 | €447 | +€429 | +2278.8% |
| Recurring financial income | 75 | €19 | €447 | +€429 | +2278.8% |
| Financial charges | 65/66B | €760 | €2,531 | +€1,771 | +233.0% |
| Recurring financial charges | 65 | €760 | €2,531 | +€1,771 | +233.0% |
| Profit (loss) for the period before taxes | 9903 | €83,182 | €42,011 | -€41,171 | -49.5% |
| Income taxes | 67/77 | €20,010 | €11,881 | -€8,129 | -40.6% |
| Profit (loss) for the period | 9904 | €63,172 | €30,130 | -€33,042 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,172 | €30,130 | -€33,042 | -52.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.