Xant Renewables: what changed
Xant Renewables
Largest movements
- Stocks and contracts +€1.2m
up €1.2m (+192%), from €625,068 to €1.8m
- Receivables within one year +€786,369
up €786,369 (+511%), from €153,839 to €940,208
of which Trade receivables: +€758,386
- Cash +€154,208
up €154,208 (+81.3%), from €189,682 to €343,890
- Tangible fixed assets +€38,855
new in 2025: €38,855
of which Plant, machinery and equipment: +€21,088
- Other debts +€1.9m
up €1.9m (+77.5%), from €2.4m to €4.3m
- Trade debts +€525,092
up €525,092 (+179%), from €292,993 to €818,085
- Profit (loss) carried forward -€200,216
down €200,216 (-10.7%), from -€1.9m to -€2.1m
- Staff costs -€93,117
down €93,117 (-40.2%), from €231,411 to €138,294
- Gross operating margin +€62,127
up €62,127 (+85.6%), from -€72,540 to -€10,413
- Other operating charges +€16,655
up €16,655 (+1,003%), from €1,661 to €18,317
- Financial charges -€3,269
down €3,269 (-39.4%), from €8,304 to €5,035
of which Financial charges: -€2,745
- Financial income +€1,658
up €1,658 (+501%), from €331 to €1,988
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €972,183 | €3,159,661 | +€2.2m | +225% |
| Fixed assets | 21/28 | €2,306 | €51,958 | +€49,652 | +2,153% |
| Tangible fixed assets | 22/27 | - | €38,855 | +€38,855 | |
| Plant, machinery and equipment | 23 | - | €21,088 | +€21,088 | |
| Furniture and vehicles | 24 | - | €17,768 | +€17,768 | |
| Financial fixed assets | 28 | €2,306 | €13,103 | +€10,797 | +468% |
| Current assets | 29/58 | €969,877 | €3,107,702 | +€2.1m | +220% |
| Stocks and contracts in progress | 3 | €625,068 | €1,823,604 | +€1.2m | +192% |
| Stocks | 30/36 | €625,068 | €1,823,604 | +€1.2m | +192% |
| Amounts receivable within one year | 40/41 | €153,839 | €940,208 | +€786,369 | +511% |
| Trade receivables | 40 | €153,839 | €912,224 | +€758,386 | +493% |
| Other amounts receivable | 41 | - | €27,984 | +€27,984 | |
| Cash at bank and in hand | 54/58 | €189,682 | €343,890 | +€154,208 | +81.3% |
| Deferred charges and accrued income | 490/1 | €1,288 | €0 | -€1,288 | -100% |
| Total equity and liabilities | 10/49 | €972,183 | €3,159,661 | +€2.2m | +225% |
| Equity | 10/15 | -€1,775,621 | -€1,975,837 | -€200,216 | -11.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,875,621 | -€2,075,837 | -€200,216 | -10.7% |
| Amounts payable | 17/49 | €2,747,804 | €5,135,497 | +€2.4m | +86.9% |
| Amounts payable within one year | 42/48 | €2,747,804 | €5,135,264 | +€2.4m | +86.9% |
| Trade debts | 44 | €292,993 | €818,085 | +€525,092 | +179% |
| Suppliers | 440/4 | €292,993 | €818,085 | +€525,092 | +179% |
| Taxes, remuneration and social security | 45 | €42,161 | €34,222 | -€7,939 | -18.8% |
| Taxes | 450/3 | €27,554 | €18,004 | -€9,549 | -34.7% |
| Remuneration and social security | 454/9 | €14,607 | €16,218 | +€1,611 | +11.0% |
| Other amounts payable | 47/48 | €2,412,650 | €4,282,957 | +€1.9m | +77.5% |
| Accrued charges and deferred income | 492/3 | - | €233 | +€233 | |
| Remuneration, social security and pensions | 62 | €231,411 | €138,294 | -€93,117 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,645 | +€1,645 | |
| Other operating charges | 640/8 | €1,661 | €18,317 | +€16,655 | +1,003% |
| Non-recurring operating charges | 66A | - | €28,500 | +€28,500 | |
| Gross operating margin | 9900 | -€72,540 | -€10,413 | +€62,127 | +85.6% |
| Operating profit (loss) | 9901 | -€305,613 | -€197,169 | +€108,444 | +35.5% |
| Financial income | 75/76B | €331 | €1,988 | +€1,658 | +501% |
| Recurring financial income | 75 | €331 | €1,988 | +€1,658 | +501% |
| Financial charges | 65/66B | €8,304 | €5,035 | -€3,269 | -39.4% |
| Recurring financial charges | 65 | €7,780 | €5,035 | -€2,745 | -35.3% |
| Non-recurring financial charges | 66B | €523 | €0 | -€523 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€313,586 | -€200,216 | +€113,370 | +36.2% |
| Profit (loss) for the period | 9904 | -€313,586 | -€200,216 | +€113,370 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€313,586 | -€200,216 | +€113,370 | +36.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.