XANTHION: 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.
XANTHION
Largest movements
- Cash -€388,889
down €388,889 (-85.7%), from €453,540 to €64,651
mainly Debts after one year (-€243,995) and Other debts (-€186,698)
- Receivables within one year -€39,178
down €39,178 (-64.2%), from €60,979 to €21,801
of which Other amounts receivable: -€33,899
- Debts after one year -€243,995
down €243,995 (-100.0%), from €243,995 to €0
- Other debts -€186,698
down €186,698 (-59.0%), from €316,222 to €129,524
- Reserves +€60,000
up €60,000 (+3.3%), from €1.8m to €1.9m
of which Distributable reserves: +€60,000
- Tax, wage and social debts -€46,426
down €46,426 (-84.4%), from €54,992 to €8,566
- Financial income -€611,412
down €611,412 (-86.8%), from €704,567 to €93,155
of which Financial income: -€492,416
- Gross operating margin -€227,471
down €227,471 (-94.9%), from €239,605 to €12,135
- Taxes -€89,172
down €89,172 (-79.1%), from €112,701 to €23,528
- Financial charges +€8,165
up €8,165 (+465.7%), from €1,753 to €9,918
of which Financial charges: +€127,160
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,025,952 | €2,606,977 | -€418,975 | -13.8% |
| Fixed assets | 21/28 | €164,650 | €161,877 | -€2,772 | -1.7% |
| Tangible fixed assets | 22/27 | €5,079 | €2,306 | -€2,772 | -54.6% |
| Furniture and vehicles | 24 | €5,079 | €2,306 | -€2,772 | -54.6% |
| Financial fixed assets | 28 | €159,571 | €159,571 | = | 0.0% |
| Current assets | 29/58 | €2,861,303 | €2,445,100 | -€416,203 | -14.5% |
| Amounts receivable within one year | 40/41 | €60,979 | €21,801 | -€39,178 | -64.2% |
| Trade receivables | 40 | €27,080 | €21,801 | -€5,279 | -19.5% |
| Other amounts receivable | 41 | €33,899 | €0 | -€33,899 | -100.0% |
| Current investments | 50/53 | €2,340,312 | €2,354,872 | +€14,560 | +0.6% |
| Cash at bank and in hand | 54/58 | €453,540 | €64,651 | -€388,889 | -85.7% |
| Deferred charges and accrued income | 490/1 | €6,472 | €3,776 | -€2,696 | -41.7% |
| Total equity and liabilities | 10/49 | €3,025,952 | €2,606,977 | -€418,975 | -13.8% |
| Equity | 10/15 | €2,405,870 | €2,467,165 | +€61,295 | +2.5% |
| Contributions | 10/11 | €467,000 | €467,000 | = | 0.0% |
| Capital | 10 | €467,000 | €467,000 | = | 0.0% |
| Issued capital | 100 | €467,000 | €467,000 | = | 0.0% |
| Reserves | 13 | €1,826,973 | €1,886,973 | +€60,000 | +3.3% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Distributable reserves | 133 | €1,765,000 | €1,825,000 | +€60,000 | +3.4% |
| Profit (loss) carried forward | 14 | €111,896 | €113,191 | +€1,295 | +1.2% |
| Amounts payable | 17/49 | €620,083 | €139,812 | -€480,270 | -77.5% |
| Amounts payable after more than one year | 17 | €243,995 | €0 | -€243,995 | -100.0% |
| Financial debts | 170/4 | €243,995 | €0 | -€243,995 | -100.0% |
| Amounts payable within one year | 42/48 | €374,905 | €139,812 | -€235,092 | -62.7% |
| Trade debts | 44 | €3,691 | €1,722 | -€1,968 | -53.3% |
| Suppliers | 440/4 | €3,691 | €1,722 | -€1,968 | -53.3% |
| Taxes, remuneration and social security | 45 | €54,992 | €8,566 | -€46,426 | -84.4% |
| Taxes | 450/3 | €54,992 | €8,566 | -€46,426 | -84.4% |
| Other amounts payable | 47/48 | €316,222 | €129,524 | -€186,698 | -59.0% |
| Accrued charges and deferred income | 492/3 | €1,183 | €0 | -€1,183 | -100.0% |
| Non-recurring operating income | 76A | €232,107 | €0 | -€232,107 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393 | €2,808 | +€1,414 | +101.5% |
| Other operating charges | 640/8 | €5,046 | €6,148 | +€1,102 | +21.8% |
| Non-recurring operating charges | 66A | - | €1,594 | +€1,594 | |
| Gross operating margin | 9900 | €239,605 | €12,135 | -€227,471 | -94.9% |
| Operating profit (loss) | 9901 | €233,166 | €1,586 | -€231,580 | -99.3% |
| Financial income | 75/76B | €704,567 | €93,155 | -€611,412 | -86.8% |
| Recurring financial income | 75 | €585,572 | €93,155 | -€492,416 | -84.1% |
| Non-recurring financial income | 76B | €118,996 | €0 | -€118,996 | -100.0% |
| Financial charges | 65/66B | €1,753 | €9,918 | +€8,165 | +465.7% |
| Recurring financial charges | 65 | -€117,243 | €9,918 | +€127,160 | |
| Non-recurring financial charges | 66B | €118,996 | €0 | -€118,996 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €935,980 | €84,823 | -€851,157 | -90.9% |
| Income taxes | 67/77 | €112,701 | €23,528 | -€89,172 | -79.1% |
| Profit (loss) for the period | 9904 | €823,280 | €61,295 | -€761,985 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €823,280 | €61,295 | -€761,985 | -92.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.