XANTIPPE: 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.
XANTIPPE
Largest movements
- Cash +€1.8m
up €1.8m (+343%), from €519,003 to €2.3m
mainly Current investments (+€1.6m) and Net result for the year (+€299,289)
- Current investments -€1.6m
down €1.6m (-100%), from €1.6m to €0
- Tangible fixed assets +€33,256
up €33,256 (+11.3%), from €293,071 to €326,327
of which Plant, machinery and equipment: +€35,328
- Stocks and contracts +€31,325
up €31,325 (+31.3%), from €100,171 to €131,497
- Other debts +€111,211
up €111,211 (+35.5%), from €313,405 to €424,616
- Reserves +€80,535
up €80,535 (+3.9%), from €2.1m to €2.1m
of which Distributable reserves: +€80,535
- Gross operating margin +€101,304
up €101,304 (+9.7%), from €1.0m to €1.1m
- Staff costs +€95,637
up €95,637 (+13.2%), from €725,948 to €821,585
- Financial income +€91,316
up €91,316 (+142%), from €64,517 to €155,832
- Financial charges +€62,927
up €62,927, from -€20,101 to €42,826
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 | €2,593,150 | €2,809,921 | +€216,771 | +8.4% |
| Fixed assets | 21/28 | €296,624 | €329,580 | +€32,956 | +11.1% |
| Intangible fixed assets | 21 | €655 | €355 | -€300 | -45.8% |
| Tangible fixed assets | 22/27 | €293,071 | €326,327 | +€33,256 | +11.3% |
| Land and buildings | 22 | €184,585 | €169,505 | -€15,080 | -8.2% |
| Plant, machinery and equipment | 23 | €94,175 | €129,503 | +€35,328 | +37.5% |
| Furniture and vehicles | 24 | €13,067 | €27,210 | +€14,143 | +108% |
| Other tangible fixed assets | 26 | €1,244 | €109 | -€1,135 | -91.2% |
| Financial fixed assets | 28 | €2,898 | €2,898 | = | 0.0% |
| Current assets | 29/58 | €2,296,525 | €2,480,341 | +€183,816 | +8.0% |
| Stocks and contracts in progress | 3 | €100,171 | €131,497 | +€31,325 | +31.3% |
| Stocks | 30/36 | €100,171 | €131,497 | +€31,325 | +31.3% |
| Amounts receivable within one year | 40/41 | €41,305 | €44,934 | +€3,629 | +8.8% |
| Trade receivables | 40 | €5,320 | €6,901 | +€1,581 | +29.7% |
| Other amounts receivable | 41 | €35,985 | €38,033 | +€2,048 | +5.7% |
| Current investments | 50/53 | €1,632,506 | €0 | -€1.6m | -100% |
| Cash at bank and in hand | 54/58 | €519,003 | €2,300,159 | +€1.8m | +343% |
| Deferred charges and accrued income | 490/1 | €3,540 | €3,751 | +€211 | +5.9% |
| Total equity and liabilities | 10/49 | €2,593,150 | €2,809,921 | +€216,771 | +8.4% |
| Equity | 10/15 | €2,118,784 | €2,199,319 | +€80,535 | +3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,056,784 | €2,137,319 | +€80,535 | +3.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,181 | €39,181 | = | 0.0% |
| Distributable reserves | 133 | €2,011,403 | €2,091,938 | +€80,535 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €474,365 | €610,602 | +€136,237 | +28.7% |
| Amounts payable within one year | 42/48 | €460,479 | €582,650 | +€122,170 | +26.5% |
| Trade debts | 44 | €26,545 | €20,196 | -€6,349 | -23.9% |
| Suppliers | 440/4 | €26,545 | €20,196 | -€6,349 | -23.9% |
| Taxes, remuneration and social security | 45 | €120,529 | €137,837 | +€17,308 | +14.4% |
| Taxes | 450/3 | €60,110 | €58,149 | -€1,961 | -3.3% |
| Remuneration and social security | 454/9 | €60,419 | €79,688 | +€19,269 | +31.9% |
| Other amounts payable | 47/48 | €313,405 | €424,616 | +€111,211 | +35.5% |
| Accrued charges and deferred income | 492/3 | €13,886 | €27,953 | +€14,066 | +101% |
| Remuneration, social security and pensions | 62 | €725,948 | €821,585 | +€95,637 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,169 | €34,531 | +€7,362 | +27.1% |
| Other operating charges | 640/8 | €8,490 | €9,412 | +€922 | +10.9% |
| Gross operating margin | 9900 | €1,048,669 | €1,149,973 | +€101,304 | +9.7% |
| Operating profit (loss) | 9901 | €287,062 | €284,445 | -€2,617 | -0.9% |
| Financial income | 75/76B | €64,517 | €155,832 | +€91,316 | +142% |
| Recurring financial income | 75 | €64,517 | €155,832 | +€91,316 | +142% |
| Financial charges | 65/66B | -€20,101 | €42,826 | +€62,927 | |
| Recurring financial charges | 65 | -€20,101 | €42,826 | +€62,927 | |
| Profit (loss) for the period before taxes | 9903 | €371,679 | €397,451 | +€25,772 | +6.9% |
| Income taxes | 67/77 | €100,813 | €98,162 | -€2,652 | -2.6% |
| Profit (loss) for the period | 9904 | €270,866 | €299,289 | +€28,423 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €270,866 | €299,289 | +€28,423 | +10.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.