XANP: 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.
XANP
Largest movements
- Cash +€38,052
up €38,052 (+190.1%), from €20,014 to €58,065
mainly Net result for the year (+€41,104) and Other debts (+€24,299)
- Current investments -€15,999
down €15,999 (-16.6%), from €96,289 to €80,291
- Tangible fixed assets -€8,333
down €8,333 (-39.6%), from €21,024 to €12,692
of which Furniture and vehicles: -€8,033
- Other debts +€24,299
up €24,299 (+66.4%), from €36,620 to €60,919
- Tax, wage and social debts -€9,815
down €9,815 (-58.7%), from €16,712 to €6,897
- Financial income +€3,538
up €3,538 (+67.6%), from €5,237 to €8,775
- Financial charges +€1,550
up €1,550 (+58.3%), from €2,657 to €4,207
- Gross operating margin -€1,477
down €1,477 (-2.5%), from €59,151 to €57,674
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 | €154,244 | €167,933 | +€13,689 | +8.9% |
| Fixed assets | 21/28 | €21,174 | €12,842 | -€8,333 | -39.4% |
| Tangible fixed assets | 22/27 | €21,024 | €12,692 | -€8,333 | -39.6% |
| Land and buildings | 22 | €9,533 | €9,233 | -€300 | -3.1% |
| Furniture and vehicles | 24 | €11,491 | €3,458 | -€8,033 | -69.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €133,070 | €155,091 | +€22,022 | +16.5% |
| Amounts receivable within one year | 40/41 | €13,789 | €14,577 | +€788 | +5.7% |
| Trade receivables | 40 | €12,690 | €13,230 | +€540 | +4.3% |
| Other amounts receivable | 41 | €1,099 | €1,347 | +€247 | +22.5% |
| Current investments | 50/53 | €96,289 | €80,291 | -€15,999 | -16.6% |
| Cash at bank and in hand | 54/58 | €20,014 | €58,065 | +€38,052 | +190.1% |
| Deferred charges and accrued income | 490/1 | €2,978 | €2,159 | -€819 | -27.5% |
| Total equity and liabilities | 10/49 | €154,244 | €167,933 | +€13,689 | +8.9% |
| Equity | 10/15 | €99,879 | €99,142 | -€737 | -0.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,779 | €99,042 | -€737 | -0.7% |
| Amounts payable | 17/49 | €54,365 | €68,791 | +€14,426 | +26.5% |
| Amounts payable within one year | 42/48 | €54,265 | €68,791 | +€14,526 | +26.8% |
| Trade debts | 44 | €933 | €976 | +€42 | +4.5% |
| Suppliers | 440/4 | €933 | €976 | +€42 | +4.5% |
| Taxes, remuneration and social security | 45 | €16,712 | €6,897 | -€9,815 | -58.7% |
| Taxes | 450/3 | €16,712 | €6,897 | -€9,815 | -58.7% |
| Other amounts payable | 47/48 | €36,620 | €60,919 | +€24,299 | +66.4% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,790 | €8,854 | +€64 | +0.7% |
| Other operating charges | 640/8 | €363 | €372 | +€9 | +2.5% |
| Gross operating margin | 9900 | €59,151 | €57,674 | -€1,477 | -2.5% |
| Operating profit (loss) | 9901 | €49,998 | €48,448 | -€1,550 | -3.1% |
| Financial income | 75/76B | €5,237 | €8,775 | +€3,538 | +67.6% |
| Recurring financial income | 75 | €5,237 | €8,775 | +€3,538 | +67.6% |
| Financial charges | 65/66B | €2,657 | €4,207 | +€1,550 | +58.3% |
| Recurring financial charges | 65 | €2,657 | €4,207 | +€1,550 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | €52,578 | €53,016 | +€438 | +0.8% |
| Income taxes | 67/77 | €11,960 | €11,912 | -€48 | -0.4% |
| Profit (loss) for the period | 9904 | €40,618 | €41,104 | +€486 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,618 | €41,104 | +€486 | +1.2% |
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 6 October 2026 via checked.be.