XANA: 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.
XANA
Largest movements
- Tangible fixed assets -€17,029
down €17,029 (-17.3%), from €98,453 to €81,425
of which Land and buildings: -€13,829
- Receivables within one year +€4,782
up €4,782 (+5.7%), from €83,529 to €88,311
of which Other amounts receivable: +€8,281
- Cash +€3,444
up €3,444 (+6.9%), from €49,710 to €53,154
mainly Net result for the year (+€46,092) and Depreciation (+€26,679)
- Deferred charges and accrued income -€2,965
down €2,965 (-20.0%), from €14,837 to €11,872
- Debts after one year -€17,082
down €17,082 (-37.1%), from €46,082 to €29,000
- Reserves +€11,092
up €11,092 (+14.6%), from €76,145 to €87,236
of which Distributable reserves: +€16,092
- Other debts +€9,000
up €9,000 (+34.6%), from €26,000 to €35,000
- Tax, wage and social debts -€8,953
down €8,953 (-51.8%), from €17,297 to €8,344
- Trade debts -€8,214
down €8,214 (-72.2%), from €11,377 to €3,163
- Purchases and services +€36,462
up €36,462 (+22.8%), from €160,223 to €196,685
- Gross operating margin +€5,577
up €5,577 (+5.9%), from €94,403 to €99,980
- Taxes +€1,723
up €1,723 (+9.8%), from €17,506 to €19,229
- Financial charges -€1,623
down €1,623 (-18.9%), from €8,575 to €6,952
- Depreciation +€1,573
up €1,573 (+6.3%), from €25,106 to €26,679
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 | €285,887 | €274,119 | -€11,768 | -4.1% |
| Fixed assets | 21/28 | €99,810 | €82,781 | -€17,029 | -17.1% |
| Tangible fixed assets | 22/27 | €98,453 | €81,425 | -€17,029 | -17.3% |
| Land and buildings | 22 | €55,875 | €42,046 | -€13,829 | -24.7% |
| Plant, machinery and equipment | 23 | €2,584 | €1,837 | -€747 | -28.9% |
| Furniture and vehicles | 24 | €39,627 | €37,292 | -€2,335 | -5.9% |
| Other tangible fixed assets | 26 | €367 | €250 | -€117 | -31.8% |
| Financial fixed assets | 28 | €1,356 | €1,356 | = | 0.0% |
| Current assets | 29/58 | €186,077 | €191,338 | +€5,260 | +2.8% |
| Amounts receivable after more than one year | 29 | €38,000 | €38,000 | = | 0.0% |
| Other amounts receivable | 291 | €38,000 | €38,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,529 | €88,311 | +€4,782 | +5.7% |
| Trade receivables | 40 | €74,117 | €70,617 | -€3,500 | -4.7% |
| Other amounts receivable | 41 | €9,413 | €17,694 | +€8,281 | +88.0% |
| Cash at bank and in hand | 54/58 | €49,710 | €53,154 | +€3,444 | +6.9% |
| Deferred charges and accrued income | 490/1 | €14,837 | €11,872 | -€2,965 | -20.0% |
| Total equity and liabilities | 10/49 | €285,887 | €274,119 | -€11,768 | -4.1% |
| Equity | 10/15 | €164,389 | €175,480 | +€11,092 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,145 | €87,236 | +€11,092 | +14.6% |
| Non-distributable reserves | 130/1 | €5,000 | - | -€5,000 | |
| Reserves not available under the articles | 1311 | €5,000 | - | -€5,000 | |
| Distributable reserves | 133 | €71,145 | €87,236 | +€16,092 | +22.6% |
| Profit (loss) carried forward | 14 | €82,044 | €82,044 | = | 0.0% |
| Amounts payable | 17/49 | €121,498 | €98,638 | -€22,860 | -18.8% |
| Amounts payable after more than one year | 17 | €46,082 | €29,000 | -€17,082 | -37.1% |
| Financial debts | 170/4 | €46,082 | €29,000 | -€17,082 | -37.1% |
| Amounts payable within one year | 42/48 | €74,158 | €63,589 | -€10,569 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €19,484 | €17,082 | -€2,402 | -12.3% |
| Trade debts | 44 | €11,377 | €3,163 | -€8,214 | -72.2% |
| Suppliers | 440/4 | €11,377 | €3,163 | -€8,214 | -72.2% |
| Taxes, remuneration and social security | 45 | €17,297 | €8,344 | -€8,953 | -51.8% |
| Taxes | 450/3 | €17,297 | €8,344 | -€8,953 | -51.8% |
| Other amounts payable | 47/48 | €26,000 | €35,000 | +€9,000 | +34.6% |
| Accrued charges and deferred income | 492/3 | €1,258 | €6,049 | +€4,791 | +380.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,223 | €196,685 | +€36,462 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,106 | €26,679 | +€1,573 | +6.3% |
| Other operating charges | 640/8 | €2,161 | €3,022 | +€862 | +39.9% |
| Gross operating margin | 9900 | €94,403 | €99,980 | +€5,577 | +5.9% |
| Operating profit (loss) | 9901 | €67,136 | €70,279 | +€3,143 | +4.7% |
| Financial income | 75/76B | €1,307 | €1,993 | +€686 | +52.5% |
| Recurring financial income | 75 | €1,307 | €1,993 | +€686 | +52.5% |
| Financial charges | 65/66B | €8,575 | €6,952 | -€1,623 | -18.9% |
| Recurring financial charges | 65 | €8,575 | €6,952 | -€1,623 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €59,868 | €65,320 | +€5,452 | +9.1% |
| Income taxes | 67/77 | €17,506 | €19,229 | +€1,723 | +9.8% |
| Profit (loss) for the period | 9904 | €42,362 | €46,092 | +€3,730 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,362 | €46,092 | +€3,730 | +8.8% |
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 7 October 2026 via checked.be.