XANTIO: 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.
XANTIO
Largest movements
- Receivables within one year -€8,385
down €8,385 (-3.6%), from €233,733 to €225,348
of which Other amounts receivable: -€11,208
- Reserves -€25,000
down €25,000 (-21.6%), from €115,620 to €90,620
of which Non-distributable reserves: -€25,000
- Other debts +€25,000
up €25,000, from €0 to €25,000
- Debts after one year -€20,728
down €20,728 (-12.8%), from €162,171 to €141,443
- Tax, wage and social debts +€19,586
up €19,586 (+53.6%), from €36,552 to €56,138
of which Taxes: +€20,696
- Profit (loss) carried forward -€16,854
down €16,854 (-13.5%), from €125,217 to €108,363
- Staff costs +€36,373
up €36,373 (+80.2%), from €45,326 to €81,699
- Taxes -€11,340
down €11,340 (-96.0%), from €11,814 to €474
- Gross operating margin -€8,078
down €8,078 (-7.1%), from €114,220 to €106,142
- Depreciation -€2,096
down €2,096 (-8.6%), from €24,502 to €22,406
- Other operating charges +€1,971
up €1,971 (+64.0%), from €3,080 to €5,050
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.
Derived cash bridge
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 | €479,223 | €467,779 | -€11,444 | -2.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €231,846 | €229,957 | -€1,889 | -0.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €231,101 | €229,212 | -€1,889 | -0.8% |
| Land and buildings | 22 | €201,374 | €210,993 | +€9,619 | +4.8% |
| Plant, machinery and equipment | 23 | €1,053 | €796 | -€256 | -24.3% |
| Furniture and vehicles | 24 | €28,674 | €13,423 | -€15,251 | -53.2% |
| Assets under construction and advance payments | 27 | - | €4,000 | +€4,000 | |
| Financial fixed assets | 28 | €745 | €745 | = | 0.0% |
| Current assets | 29/58 | €247,377 | €237,822 | -€9,555 | -3.9% |
| Amounts receivable within one year | 40/41 | €233,733 | €225,348 | -€8,385 | -3.6% |
| Trade receivables | 40 | €23,371 | €26,195 | +€2,823 | +12.1% |
| Other amounts receivable | 41 | €210,361 | €199,153 | -€11,208 | -5.3% |
| Cash at bank and in hand | 54/58 | €13,644 | €12,417 | -€1,227 | -9.0% |
| Deferred charges and accrued income | 490/1 | - | €57 | +€57 | |
| Total equity and liabilities | 10/49 | €479,223 | €467,779 | -€11,444 | -2.4% |
| Equity | 10/15 | €247,037 | €205,183 | -€41,854 | -16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,620 | €90,620 | -€25,000 | -21.6% |
| Non-distributable reserves | 130/1 | €115,000 | €90,000 | -€25,000 | -21.7% |
| Reserves not available under the articles | 1311 | €115,000 | €90,000 | -€25,000 | -21.7% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,217 | €108,363 | -€16,854 | -13.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €232,186 | €262,596 | +€30,410 | +13.1% |
| Amounts payable after more than one year | 17 | €162,171 | €141,443 | -€20,728 | -12.8% |
| Financial debts | 170/4 | €162,171 | €141,443 | -€20,728 | -12.8% |
| Amounts payable within one year | 42/48 | €70,016 | €121,153 | +€51,138 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €23,006 | €20,728 | -€2,278 | -9.9% |
| Trade debts | 44 | €10,458 | €19,288 | +€8,830 | +84.4% |
| Suppliers | 440/4 | €10,458 | €19,288 | +€8,830 | +84.4% |
| Taxes, remuneration and social security | 45 | €36,552 | €56,138 | +€19,586 | +53.6% |
| Taxes | 450/3 | €34,747 | €55,443 | +€20,696 | +59.6% |
| Remuneration and social security | 454/9 | €1,805 | €695 | -€1,110 | -61.5% |
| Other amounts payable | 47/48 | €0 | €25,000 | +€25,000 | |
| Remuneration, social security and pensions | 62 | €45,326 | €81,699 | +€36,373 | +80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,502 | €22,406 | -€2,096 | -8.6% |
| Other operating charges | 640/8 | €3,080 | €5,050 | +€1,971 | +64.0% |
| Non-recurring operating charges | 66A | - | €3,100 | +€3,100 | |
| Gross operating margin | 9900 | €114,220 | €106,142 | -€8,078 | -7.1% |
| Operating profit (loss) | 9901 | €41,312 | -€6,114 | -€47,426 | |
| Financial income | 75/76B | €0 | €14 | +€14 | +23,133% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +23,133% |
| Financial charges | 65/66B | €10,078 | €10,280 | +€202 | +2.0% |
| Recurring financial charges | 65 | €10,078 | €10,280 | +€202 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €31,235 | -€16,380 | -€47,614 | |
| Income taxes | 67/77 | €11,814 | €474 | -€11,340 | -96.0% |
| Profit (loss) for the period | 9904 | €19,421 | -€16,854 | -€36,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,421 | -€16,854 | -€36,275 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.