Xamo: 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.
Xamo
Largest movements
- Current investments +€25,738
up €25,738 (+20.6%), from €125,000 to €150,738
- Deferred charges and accrued income +€10,441
up €10,441 (+3210.7%), from €325 to €10,766
- Cash +€9,624
up €9,624 (+46.5%), from €20,702 to €30,327
mainly Other debts (+€197,944) and Net result for the year (+€88,151)
- Receivables within one year +€4,200
up €4,200 (+7.5%), from €55,767 to €59,967
of which Trade receivables: +€45,447
- Other debts +€197,944
new in 2025: €197,944
- Reserves -€161,867
no longer reported in 2025 (was €161,867)
- Trade debts +€11,235
up €11,235 (+1238.8%), from €907 to €12,142
- Gross operating margin +€33,860
up €33,860 (+43.3%), from €78,161 to €112,020
- Taxes +€7,905
up €7,905 (+46.7%), from €16,917 to €24,822
- Financial income -€1,554
down €1,554 (-49.1%), from €3,165 to €1,612
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 | €201,794 | €251,798 | +€50,004 | +24.8% |
| Current assets | 29/58 | €201,794 | €251,798 | +€50,004 | +24.8% |
| Amounts receivable within one year | 40/41 | €55,767 | €59,967 | +€4,200 | +7.5% |
| Trade receivables | 40 | €14,520 | €59,967 | +€45,447 | +313.0% |
| Other amounts receivable | 41 | €41,247 | - | -€41,247 | |
| Current investments | 50/53 | €125,000 | €150,738 | +€25,738 | +20.6% |
| Cash at bank and in hand | 54/58 | €20,702 | €30,327 | +€9,624 | +46.5% |
| Deferred charges and accrued income | 490/1 | €325 | €10,766 | +€10,441 | +3210.7% |
| Total equity and liabilities | 10/49 | €201,794 | €251,798 | +€50,004 | +24.8% |
| Equity | 10/15 | €164,867 | €3,000 | -€161,867 | -98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €161,867 | - | -€161,867 | |
| Distributable reserves | 133 | €161,867 | - | -€161,867 | |
| Amounts payable | 17/49 | €36,927 | €248,798 | +€211,871 | +573.7% |
| Amounts payable within one year | 42/48 | €36,927 | €248,798 | +€211,871 | +573.7% |
| Financial debts | 43 | - | €225 | +€225 | |
| Credit institutions | 430/8 | - | €225 | +€225 | |
| Trade debts | 44 | €907 | €12,142 | +€11,235 | +1238.8% |
| Suppliers | 440/4 | €907 | €12,142 | +€11,235 | +1238.8% |
| Taxes, remuneration and social security | 45 | €36,021 | €38,487 | +€2,466 | +6.8% |
| Taxes | 450/3 | €36,021 | €38,487 | +€2,466 | +6.8% |
| Other amounts payable | 47/48 | - | €197,944 | +€197,944 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €78,161 | €112,020 | +€33,860 | +43.3% |
| Operating profit (loss) | 9901 | €77,655 | €111,501 | +€33,845 | +43.6% |
| Financial income | 75/76B | €3,165 | €1,612 | -€1,554 | -49.1% |
| Recurring financial income | 75 | €3,165 | €1,612 | -€1,554 | -49.1% |
| Financial charges | 65/66B | €1 | €139 | +€138 | +23000.0% |
| Recurring financial charges | 65 | €1 | €139 | +€138 | +23000.0% |
| Profit (loss) for the period before taxes | 9903 | €80,820 | €112,974 | +€32,154 | +39.8% |
| Income taxes | 67/77 | €16,917 | €24,822 | +€7,905 | +46.7% |
| Profit (loss) for the period | 9904 | €63,902 | €88,151 | +€24,249 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,902 | €88,151 | +€24,249 | +37.9% |
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 1 October 2026 via checked.be.