XANVET: 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.
XANVET
Largest movements
- Receivables within one year -€30,000
down €30,000 (-76.8%), from €39,075 to €9,075
of which Other amounts receivable: -€30,000
- Tangible fixed assets -€12,774
down €12,774 (-41.7%), from €30,620 to €17,846
- Intangible fixed assets +€11,088
up €11,088 (+46.7%), from €23,730 to €34,817
- Cash +€1,317
up €1,317 (+38.2%), from €3,451 to €4,768
mainly Receivables within one year (+€30,000) and Depreciation (+€21,686)
- Profit (loss) carried forward -€17,829
down €17,829 (-303%), from -€5,891 to -€23,720
- Other debts -€7,802
down €7,802 (-8.6%), from €91,171 to €83,368
- Tax, wage and social debts -€4,037
down €4,037 (-83.0%), from €4,867 to €829
of which Remuneration and social security: -€2,728
- Depreciation +€14,273
up €14,273 (+193%), from €7,413 to €21,686
- Gross operating margin +€2,631
up €2,631 (+83.1%), from €3,164 to €5,795
- Other operating charges +€252
up €252 (+15.7%), from €1,606 to €1,859
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 | €96,875 | €66,506 | -€30,369 | -31.3% |
| Fixed assets | 21/28 | €54,349 | €52,663 | -€1,686 | -3.1% |
| Intangible fixed assets | 21 | €23,730 | €34,817 | +€11,088 | +46.7% |
| Tangible fixed assets | 22/27 | €30,620 | €17,846 | -€12,774 | -41.7% |
| Furniture and vehicles | 24 | €30,620 | €17,846 | -€12,774 | -41.7% |
| Current assets | 29/58 | €42,526 | €13,843 | -€28,683 | -67.4% |
| Amounts receivable within one year | 40/41 | €39,075 | €9,075 | -€30,000 | -76.8% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €3,451 | €4,768 | +€1,317 | +38.2% |
| Total equity and liabilities | 10/49 | €96,875 | €66,506 | -€30,369 | -31.3% |
| Equity | 10/15 | -€891 | -€18,720 | -€17,829 | -2,001% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,891 | -€23,720 | -€17,829 | -303% |
| Amounts payable | 17/49 | €97,767 | €85,226 | -€12,540 | -12.8% |
| Amounts payable within one year | 42/48 | €97,767 | €85,226 | -€12,540 | -12.8% |
| Trade debts | 44 | €1,729 | €1,029 | -€700 | -40.5% |
| Suppliers | 440/4 | €1,729 | €1,029 | -€700 | -40.5% |
| Taxes, remuneration and social security | 45 | €4,867 | €829 | -€4,037 | -83.0% |
| Taxes | 450/3 | €2,138 | €829 | -€1,309 | -61.2% |
| Remuneration and social security | 454/9 | €2,728 | - | -€2,728 | |
| Other amounts payable | 47/48 | €91,171 | €83,368 | -€7,802 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,413 | €21,686 | +€14,273 | +193% |
| Other operating charges | 640/8 | €1,606 | €1,859 | +€252 | +15.7% |
| Gross operating margin | 9900 | €3,164 | €5,795 | +€2,631 | +83.1% |
| Operating profit (loss) | 9901 | -€5,855 | -€17,749 | -€11,894 | -203% |
| Financial charges | 65/66B | €36 | €80 | +€44 | +121% |
| Recurring financial charges | 65 | €36 | €80 | +€44 | +121% |
| Profit (loss) for the period before taxes | 9903 | -€5,891 | -€17,829 | -€11,938 | -203% |
| Profit (loss) for the period | 9904 | -€5,891 | -€17,829 | -€11,938 | -203% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,891 | -€17,829 | -€11,938 | -203% |
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 15 October 2026 via checked.be.