Xanthos Management: 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.
Xanthos Management
Largest movements
- Financial fixed assets +€1.4m
up €1.4m (+2798.4%), from €50,000 to €1.4m
- Cash -€329,544
down €329,544 (-92.0%), from €358,383 to €28,839
mainly Investment in fixed assets (net) (-€1.4m) and Current investments (-€163,684)
- Current investments +€163,684
new in 2025: €163,684
- Receivables within one year -€40,261
down €40,261 (-33.1%), from €121,547 to €81,285
of which Trade receivables: -€48,197
- Other debts +€640,507
up €640,507 (+659.0%), from €97,200 to €737,707
- Debts after one year +€439,475
new in 2025: €439,475
- Reserves +€72,800
up €72,800 (+18.0%), from €405,050 to €477,850
- Current portion of long-term debt +€56,469
new in 2025: €56,469
- Gross operating margin -€144,355
down €144,355 (-56.0%), from €257,716 to €113,361
- Taxes -€37,467
down €37,467 (-49.0%), from €76,389 to €38,922
- Financial income +€24,218
up €24,218 (+884.4%), from €2,738 to €26,956
- Financial charges -€5,022
down €5,022 (-31.9%), from €15,722 to €10,701
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 | €537,090 | €1,745,629 | +€1.2m | +225.0% |
| Fixed assets | 21/28 | €55,502 | €1,470,034 | +€1.4m | +2548.6% |
| Tangible fixed assets | 22/27 | €5,502 | €20,827 | +€15,325 | +278.6% |
| Plant, machinery and equipment | 23 | €1,291 | €671 | -€620 | -48.0% |
| Furniture and vehicles | 24 | €4,211 | €20,156 | +€15,945 | +378.7% |
| Financial fixed assets | 28 | €50,000 | €1,449,207 | +€1.4m | +2798.4% |
| Current assets | 29/58 | €481,588 | €275,595 | -€205,994 | -42.8% |
| Amounts receivable within one year | 40/41 | €121,547 | €81,285 | -€40,261 | -33.1% |
| Trade receivables | 40 | €107,611 | €59,414 | -€48,197 | -44.8% |
| Other amounts receivable | 41 | €13,936 | €21,871 | +€7,935 | +56.9% |
| Current investments | 50/53 | - | €163,684 | +€163,684 | |
| Cash at bank and in hand | 54/58 | €358,383 | €28,839 | -€329,544 | -92.0% |
| Deferred charges and accrued income | 490/1 | €1,659 | €1,786 | +€127 | +7.7% |
| Total equity and liabilities | 10/49 | €537,090 | €1,745,629 | +€1.2m | +225.0% |
| Equity | 10/15 | €411,438 | €484,257 | +€72,819 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €405,050 | €477,850 | +€72,800 | +18.0% |
| Distributable reserves | 133 | €405,050 | €477,850 | +€72,800 | +18.0% |
| Profit (loss) carried forward | 14 | €188 | €207 | +€19 | +10.2% |
| Amounts payable | 17/49 | €125,652 | €1,261,372 | +€1.1m | +903.9% |
| Amounts payable after more than one year | 17 | - | €439,475 | +€439,475 | |
| Financial debts | 170/4 | - | €439,475 | +€439,475 | |
| Amounts payable within one year | 42/48 | €125,652 | €821,898 | +€696,245 | +554.1% |
| Current portion of amounts payable after more than one year | 42 | - | €56,469 | +€56,469 | |
| Trade debts | 44 | €4,727 | €7,819 | +€3,092 | +65.4% |
| Suppliers | 440/4 | €4,727 | €7,819 | +€3,092 | +65.4% |
| Taxes, remuneration and social security | 45 | €23,725 | €19,903 | -€3,822 | -16.1% |
| Taxes | 450/3 | €23,725 | €19,903 | -€3,822 | -16.1% |
| Other amounts payable | 47/48 | €97,200 | €737,707 | +€640,507 | +659.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,367 | €2,483 | +€116 | +4.9% |
| Other operating charges | 640/8 | €2,501 | €2,293 | -€208 | -8.3% |
| Gross operating margin | 9900 | €257,716 | €113,361 | -€144,355 | -56.0% |
| Operating profit (loss) | 9901 | €252,848 | €108,586 | -€144,262 | -57.1% |
| Financial income | 75/76B | €2,738 | €26,956 | +€24,218 | +884.4% |
| Recurring financial income | 75 | €2,738 | €26,956 | +€24,218 | +884.4% |
| Financial charges | 65/66B | €15,722 | €10,701 | -€5,022 | -31.9% |
| Recurring financial charges | 65 | €15,722 | €10,701 | -€5,022 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €239,864 | €124,841 | -€115,023 | -48.0% |
| Income taxes | 67/77 | €76,389 | €38,922 | -€37,467 | -49.0% |
| Profit (loss) for the period | 9904 | €163,475 | €85,919 | -€77,556 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €163,475 | €85,919 | -€77,556 | -47.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.