XANDRIA: 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.
XANDRIA
Largest movements
- Tangible fixed assets +€2.1m
up €2.1m (+215.0%), from €993,423 to €3.1m
of which Land and buildings: +€2.2m
- Current investments +€1.5m
new in 2025: €1.5m
- Cash +€476,501
up €476,501 (+636.3%), from €74,889 to €551,390
mainly Debts after one year (+€4.3m) and Other debts (+€165,595)
- Receivables within one year +€148,761
up €148,761 (+257.6%), from €57,754 to €206,515
of which Other amounts receivable: +€85,000
- Debts after one year +€4.3m
up €4.3m (+3862.3%), from €112,500 to €4.5m
- Reserves -€175,000
down €175,000 (-28.3%), from €618,311 to €443,311
- Other debts +€165,595
up €165,595 (+1177.7%), from €14,060 to €179,655
- Profit (loss) carried forward -€106,786
down €106,786 (-47.0%), from €227,093 to €120,307
- Current portion of long-term debt +€68,224
up €68,224 (+75.9%), from €89,926 to €158,150
- Other operating charges +€271,183
up €271,183 (+1407.6%), from €19,266 to €290,448
- Gross operating margin +€149,006
up €149,006 (+77.4%), from €192,638 to €341,644
- Depreciation +€38,690
up €38,690 (+50.7%), from €76,257 to €114,947
- Financial charges +€38,050
up €38,050 (+763.2%), from €4,986 to €43,036
- Taxes -€25,181
down €25,181 (-97.9%), from €25,731 to €550
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 | €1,132,501 | €5,427,865 | +€4.3m | +379.3% |
| Fixed assets | 21/28 | €993,423 | €3,169,758 | +€2.2m | +219.1% |
| Tangible fixed assets | 22/27 | €993,423 | €3,129,758 | +€2.1m | +215.0% |
| Land and buildings | 22 | €939,920 | €3,092,078 | +€2.2m | +229.0% |
| Plant, machinery and equipment | 23 | €2,418 | €1,187 | -€1,231 | -50.9% |
| Furniture and vehicles | 24 | €25,550 | €15,735 | -€9,816 | -38.4% |
| Other tangible fixed assets | 26 | €25,534 | €20,758 | -€4,776 | -18.7% |
| Financial fixed assets | 28 | - | €40,000 | +€40,000 | |
| Current assets | 29/58 | €139,078 | €2,258,107 | +€2.1m | +1523.6% |
| Amounts receivable within one year | 40/41 | €57,754 | €206,515 | +€148,761 | +257.6% |
| Trade receivables | 40 | €18,485 | €82,246 | +€63,761 | +344.9% |
| Other amounts receivable | 41 | €39,269 | €124,269 | +€85,000 | +216.5% |
| Current investments | 50/53 | - | €1,498,336 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €74,889 | €551,390 | +€476,501 | +636.3% |
| Deferred charges and accrued income | 490/1 | €6,435 | €1,866 | -€4,569 | -71.0% |
| Total equity and liabilities | 10/49 | €1,132,501 | €5,427,865 | +€4.3m | +379.3% |
| Equity | 10/15 | €851,595 | €569,810 | -€281,786 | -33.1% |
| Contributions | 10/11 | €6,192 | €6,192 | = | 0.0% |
| Reserves | 13 | €618,311 | €443,311 | -€175,000 | -28.3% |
| Distributable reserves | 133 | €618,311 | €443,311 | -€175,000 | -28.3% |
| Profit (loss) carried forward | 14 | €227,093 | €120,307 | -€106,786 | -47.0% |
| Provisions and deferred taxes | 16 | €39,000 | €39,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €39,000 | €39,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €39,000 | €39,000 | = | 0.0% |
| Amounts payable | 17/49 | €241,905 | €4,819,056 | +€4.6m | +1892.1% |
| Amounts payable after more than one year | 17 | €112,500 | €4,457,600 | +€4.3m | +3862.3% |
| Financial debts | 170/4 | €112,500 | €4,457,600 | +€4.3m | +3862.3% |
| Amounts payable within one year | 42/48 | €129,406 | €361,456 | +€232,050 | +179.3% |
| Current portion of amounts payable after more than one year | 42 | €89,926 | €158,150 | +€68,224 | +75.9% |
| Trade debts | 44 | €4,833 | €4,845 | +€12 | +0.2% |
| Suppliers | 440/4 | €4,833 | €4,845 | +€12 | +0.2% |
| Taxes, remuneration and social security | 45 | €20,586 | €18,806 | -€1,780 | -8.6% |
| Taxes | 450/3 | €20,488 | €18,708 | -€1,780 | -8.7% |
| Remuneration and social security | 454/9 | €98 | €98 | = | 0.0% |
| Other amounts payable | 47/48 | €14,060 | €179,655 | +€165,595 | +1177.7% |
| Remuneration, social security and pensions | 62 | €979 | €194 | -€786 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,257 | €114,947 | +€38,690 | +50.7% |
| Other operating charges | 640/8 | €19,266 | €290,448 | +€271,183 | +1407.6% |
| Gross operating margin | 9900 | €192,638 | €341,644 | +€149,006 | +77.4% |
| Operating profit (loss) | 9901 | €96,137 | -€63,944 | -€160,081 | |
| Financial income | 75/76B | €3 | €745 | +€741 | +22879.6% |
| Recurring financial income | 75 | €3 | €745 | +€741 | +22879.6% |
| Financial charges | 65/66B | €4,986 | €43,036 | +€38,050 | +763.2% |
| Recurring financial charges | 65 | €4,986 | €43,036 | +€38,050 | +763.2% |
| Profit (loss) for the period before taxes | 9903 | €91,154 | -€106,236 | -€197,390 | |
| Income taxes | 67/77 | €25,731 | €550 | -€25,181 | -97.9% |
| Profit (loss) for the period | 9904 | €65,423 | -€106,786 | -€172,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,423 | -€106,786 | -€172,209 |
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 10 October 2026 via checked.be.