Xamibel: 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.
Xamibel
Largest movements
- Tangible fixed assets +€16,765
up €16,765 (+108%), from €15,471 to €32,236
of which Leasing and similar rights: +€13,560
- Cash -€14,460
down €14,460 (-40.3%), from €35,870 to €21,410
mainly Trade debts (-€35,638) and Investment in fixed assets (net) (-€29,657)
- Receivables within one year -€3,152
down €3,152 (-31.0%), from €10,175 to €7,023
of which Trade receivables: -€3,151
- Trade debts -€35,638
down €35,638 (-67.4%), from €52,892 to €17,254
- Current portion of long-term debt +€13,602
up €13,602 (+114%), from €11,892 to €25,494
- Profit (loss) carried forward +€12,716
up €12,716 (+50.4%), from €25,209 to €37,925
- Debts after one year +€8,791
up €8,791 (+79.7%), from €11,029 to €19,820
- Tax, wage and social debts +€2,106
up €2,106 (+9.1%), from €23,089 to €25,195
of which Taxes: +€5,212
- Gross operating margin +€6,596
up €6,596 (+7.5%), from €87,844 to €94,440
- Depreciation +€5,046
up €5,046 (+64.3%), from €7,846 to €12,892
- Turnover +€4,894
up €4,894 (+1.5%), from €335,102 to €339,996
- Staff costs -€3,960
down €3,960 (-6.0%), from €65,826 to €61,866
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 | €146,641 | €146,595 | -€46 | 0.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €15,521 | €32,286 | +€16,765 | +108% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €15,471 | €32,236 | +€16,765 | +108% |
| Furniture and vehicles | 24 | €7,111 | €10,316 | +€3,205 | +45.1% |
| Leasing and similar rights | 25 | €8,360 | €21,920 | +€13,560 | +162% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €131,120 | €114,309 | -€16,811 | -12.8% |
| Stocks and contracts in progress | 3 | €85,075 | €85,876 | +€801 | +0.9% |
| Stocks | 30/36 | €85,075 | €85,876 | +€801 | +0.9% |
| Amounts receivable within one year | 40/41 | €10,175 | €7,023 | -€3,152 | -31.0% |
| Trade receivables | 40 | €9,876 | €6,725 | -€3,151 | -31.9% |
| Other amounts receivable | 41 | €299 | €298 | -€1 | -0.3% |
| Cash at bank and in hand | 54/58 | €35,870 | €21,410 | -€14,460 | -40.3% |
| Total equity and liabilities | 10/49 | €146,641 | €146,595 | -€46 | 0.0% |
| Equity | 10/15 | €45,474 | €58,190 | +€12,716 | +28.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,665 | €1,665 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,665 | €1,665 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,665 | €1,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,209 | €37,925 | +€12,716 | +50.4% |
| Amounts payable | 17/49 | €101,167 | €88,405 | -€12,762 | -12.6% |
| Amounts payable after more than one year | 17 | €11,029 | €19,820 | +€8,791 | +79.7% |
| Financial debts | 170/4 | €11,029 | €19,820 | +€8,791 | +79.7% |
| Amounts payable within one year | 42/48 | €90,138 | €68,585 | -€21,553 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €11,892 | €25,494 | +€13,602 | +114% |
| Financial debts | 43 | €631 | €631 | = | 0.0% |
| Credit institutions | 430/8 | €631 | €631 | = | 0.0% |
| Trade debts | 44 | €52,892 | €17,254 | -€35,638 | -67.4% |
| Suppliers | 440/4 | €52,892 | €17,254 | -€35,638 | -67.4% |
| Taxes, remuneration and social security | 45 | €23,089 | €25,195 | +€2,106 | +9.1% |
| Taxes | 450/3 | €19,549 | €24,761 | +€5,212 | +26.7% |
| Remuneration and social security | 454/9 | €3,540 | €434 | -€3,106 | -87.7% |
| Other amounts payable | 47/48 | €1,634 | €11 | -€1,623 | -99.3% |
| Turnover | 70 | €335,102 | €339,996 | +€4,894 | +1.5% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €247,258 | €245,556 | -€1,702 | -0.7% |
| Remuneration, social security and pensions | 62 | €65,826 | €61,866 | -€3,960 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,846 | €12,892 | +€5,046 | +64.3% |
| Other operating charges | 640/8 | €0 | €585 | +€585 | |
| Gross operating margin | 9900 | €87,844 | €94,440 | +€6,596 | +7.5% |
| Operating profit (loss) | 9901 | €14,172 | €19,097 | +€4,925 | +34.8% |
| Financial income | 75/76B | €32 | €52 | +€20 | +62.5% |
| Recurring financial income | 75 | €32 | €52 | +€20 | +62.5% |
| Financial charges | 65/66B | €2,070 | €2,601 | +€531 | +25.7% |
| Recurring financial charges | 65 | €2,070 | €2,601 | +€531 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €12,134 | €16,548 | +€4,414 | +36.4% |
| Income taxes | 67/77 | €3,794 | €3,832 | +€38 | +1.0% |
| Profit (loss) for the period | 9904 | €8,340 | €12,716 | +€4,376 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,340 | €12,716 | +€4,376 | +52.5% |
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 22 October 2026 via checked.be.