XAMELEON: 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.
XAMELEON
Largest movements
- Cash +€5,045
up €5,045 (+20.3%), from €24,860 to €29,905
mainly Net result for the year (+€16,175) and Depreciation (+€2,988)
- Tangible fixed assets +€2,168
up €2,168 (+19.9%), from €10,917 to €13,085
of which Plant, machinery and equipment: +€2,036
- Receivables within one year +€1,121
up €1,121 (+9.1%), from €12,261 to €13,382
- Reserves +€11,175
up €11,175 (+39.8%), from €28,097 to €39,271
- Other debts -€1,950
down €1,950 (-19.3%), from €10,107 to €8,157
- Trade debts -€1,127
down €1,127 (-59.0%), from €1,909 to €782
- Gross operating margin +€6,788
up €6,788 (+29.9%), from €22,664 to €29,451
- Taxes +€2,093
up €2,093 (+29.7%), from €7,038 to €9,132
- Financial charges -€469
down €469 (-65.7%), from €714 to €245
- Depreciation +€347
up €347 (+13.2%), from €2,640 to €2,988
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 | €53,038 | €61,372 | +€8,334 | +15.7% |
| Fixed assets | 21/28 | €10,917 | €13,085 | +€2,168 | +19.9% |
| Tangible fixed assets | 22/27 | €10,917 | €13,085 | +€2,168 | +19.9% |
| Land and buildings | 22 | €6,009 | €5,085 | -€924 | -15.4% |
| Plant, machinery and equipment | 23 | €305 | €2,341 | +€2,036 | +668% |
| Furniture and vehicles | 24 | €4,603 | €5,659 | +€1,056 | +22.9% |
| Current assets | 29/58 | €42,121 | €48,287 | +€6,167 | +14.6% |
| Amounts receivable within one year | 40/41 | €12,261 | €13,382 | +€1,121 | +9.1% |
| Trade receivables | 40 | €12,261 | €13,382 | +€1,121 | +9.1% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,860 | €29,905 | +€5,045 | +20.3% |
| Total equity and liabilities | 10/49 | €53,038 | €61,372 | +€8,334 | +15.7% |
| Equity | 10/15 | €36,516 | €47,691 | +€11,175 | +30.6% |
| Contributions | 10/11 | €8,400 | €8,400 | = | 0.0% |
| Reserves | 13 | €28,097 | €39,271 | +€11,175 | +39.8% |
| Distributable reserves | 133 | €28,097 | €39,271 | +€11,175 | +39.8% |
| Profit (loss) carried forward | 14 | €20 | €20 | = | 0.0% |
| Amounts payable | 17/49 | €16,522 | €13,682 | -€2,840 | -17.2% |
| Amounts payable within one year | 42/48 | €16,522 | €13,682 | -€2,840 | -17.2% |
| Trade debts | 44 | €1,909 | €782 | -€1,127 | -59.0% |
| Suppliers | 440/4 | €1,909 | €782 | -€1,127 | -59.0% |
| Taxes, remuneration and social security | 45 | €4,506 | €4,743 | +€238 | +5.3% |
| Taxes | 450/3 | €3,833 | €4,743 | +€910 | +23.7% |
| Remuneration and social security | 454/9 | €673 | €0 | -€673 | -100% |
| Other amounts payable | 47/48 | €10,107 | €8,157 | -€1,950 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,640 | €2,988 | +€347 | +13.2% |
| Other operating charges | 640/8 | €867 | €1,038 | +€171 | +19.7% |
| Gross operating margin | 9900 | €22,664 | €29,451 | +€6,788 | +29.9% |
| Operating profit (loss) | 9901 | €19,156 | €25,426 | +€6,270 | +32.7% |
| Financial income | 75/76B | €50 | €125 | +€76 | +152% |
| Recurring financial income | 75 | €50 | €125 | +€76 | +152% |
| Financial charges | 65/66B | €714 | €245 | -€469 | -65.7% |
| Recurring financial charges | 65 | €714 | €245 | -€469 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €18,492 | €25,306 | +€6,815 | +36.9% |
| Income taxes | 67/77 | €7,038 | €9,132 | +€2,093 | +29.7% |
| Profit (loss) for the period | 9904 | €11,454 | €16,175 | +€4,721 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,454 | €16,175 | +€4,721 | +41.2% |
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 17 October 2026 via checked.be.