XANTHUS: 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.
XANTHUS
Largest movements
- Cash -€29,786
down €29,786 (-14.1%), from €210,577 to €180,791
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€26,687)
- Stocks and contracts +€6,935
up €6,935 (+42.6%), from €16,266 to €23,201
- Tangible fixed assets +€3,995
up €3,995 (+4.4%), from €90,220 to €94,215
of which Other tangible fixed assets: +€14,870
- Trade debts +€30,841
up €30,841 (+48.0%), from €64,205 to €95,046
- Other debts -€21,810
down €21,810 (-17.9%), from €121,899 to €100,089
- Profit (loss) carried forward -€16,414
down €16,414 (-31.4%), from €52,321 to €35,907
- Tax, wage and social debts -€6,471
down €6,471 (-15.5%), from €41,753 to €35,282
of which Remuneration and social security: -€3,451
- Gross operating margin -€56,151
down €56,151 (-7.6%), from €738,143 to €681,992
- Taxes -€17,431
down €17,431 (-63.5%), from €27,431 to €10,000
- Staff costs +€13,727
up €13,727 (+2.6%), from €530,088 to €543,815
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.
Derived cash bridge
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 | €333,950 | €318,077 | -€15,873 | -4.8% |
| Fixed assets | 21/28 | €90,918 | €94,215 | +€3,297 | +3.6% |
| Tangible fixed assets | 22/27 | €90,220 | €94,215 | +€3,995 | +4.4% |
| Plant, machinery and equipment | 23 | €456 | - | -€456 | |
| Furniture and vehicles | 24 | €21,253 | €10,834 | -€10,419 | -49.0% |
| Other tangible fixed assets | 26 | €68,511 | €83,381 | +€14,870 | +21.7% |
| Financial fixed assets | 28 | €698 | - | -€698 | |
| Current assets | 29/58 | €243,032 | €223,862 | -€19,170 | -7.9% |
| Stocks and contracts in progress | 3 | €16,266 | €23,201 | +€6,935 | +42.6% |
| Stocks | 30/36 | €16,266 | €23,201 | +€6,935 | +42.6% |
| Amounts receivable within one year | 40/41 | €14,243 | €14,853 | +€610 | +4.3% |
| Trade receivables | 40 | €1,169 | €1,898 | +€729 | +62.4% |
| Other amounts receivable | 41 | €13,074 | €12,955 | -€119 | -0.9% |
| Cash at bank and in hand | 54/58 | €210,577 | €180,791 | -€29,786 | -14.1% |
| Deferred charges and accrued income | 490/1 | €1,946 | €5,017 | +€3,071 | +158% |
| Total equity and liabilities | 10/49 | €333,950 | €318,077 | -€15,873 | -4.8% |
| Equity | 10/15 | €75,421 | €59,007 | -€16,414 | -21.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,321 | €35,907 | -€16,414 | -31.4% |
| Amounts payable | 17/49 | €258,529 | €259,070 | +€541 | +0.2% |
| Amounts payable after more than one year | 17 | €15,500 | €13,500 | -€2,000 | -12.9% |
| Financial debts | 170/4 | €15,500 | €13,500 | -€2,000 | -12.9% |
| Amounts payable within one year | 42/48 | €242,857 | €245,417 | +€2,560 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €64,205 | €95,046 | +€30,841 | +48.0% |
| Suppliers | 440/4 | €64,205 | €95,046 | +€30,841 | +48.0% |
| Taxes, remuneration and social security | 45 | €41,753 | €35,282 | -€6,471 | -15.5% |
| Taxes | 450/3 | €17,978 | €14,958 | -€3,020 | -16.8% |
| Remuneration and social security | 454/9 | €23,775 | €20,324 | -€3,451 | -14.5% |
| Other amounts payable | 47/48 | €121,899 | €100,089 | -€21,810 | -17.9% |
| Accrued charges and deferred income | 492/3 | €172 | €153 | -€19 | -11.0% |
| Remuneration, social security and pensions | 62 | €530,088 | €543,815 | +€13,727 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,129 | €23,390 | +€261 | +1.1% |
| Other operating charges | 640/8 | €10,021 | €11,538 | +€1,517 | +15.1% |
| Gross operating margin | 9900 | €738,143 | €681,992 | -€56,151 | -7.6% |
| Operating profit (loss) | 9901 | €174,905 | €103,249 | -€71,656 | -41.0% |
| Financial income | 75/76B | €1,325 | €503 | -€822 | -62.0% |
| Recurring financial income | 75 | €1,325 | €503 | -€822 | -62.0% |
| Financial charges | 65/66B | €8,742 | €10,166 | +€1,424 | +16.3% |
| Recurring financial charges | 65 | €8,742 | €10,166 | +€1,424 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €167,488 | €93,586 | -€73,902 | -44.1% |
| Income taxes | 67/77 | €27,431 | €10,000 | -€17,431 | -63.5% |
| Profit (loss) for the period | 9904 | €140,057 | €83,586 | -€56,471 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €140,057 | €83,586 | -€56,471 | -40.3% |
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 20 October 2026 via checked.be.