XARCO: 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.
XARCO
Largest movements
- Receivables within one year +€54,000
new in 2025: €54,000
- Other debts +€69,113
up €69,113 (+110.5%), from €62,550 to €131,663
- Tax, wage and social debts -€12,075
down €12,075 (-94.6%), from €12,766 to €691
- Financial income -€10,297
down €10,297 (-9.6%), from €107,800 to €97,503
- Financial charges +€1,340
up €1,340 (+110.2%), from €1,216 to €2,556
- Other operating charges +€707
new in 2025: €707
- Gross operating margin +€634
no longer reported in 2025 (was -€634)
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 | €426,525 | €480,304 | +€53,778 | +12.6% |
| Fixed assets | 21/28 | €426,300 | €426,300 | = | 0.0% |
| Financial fixed assets | 28 | €426,300 | €426,300 | = | 0.0% |
| Current assets | 29/58 | €225 | €54,004 | +€53,778 | +23858.0% |
| Amounts receivable within one year | 40/41 | - | €54,000 | +€54,000 | |
| Other amounts receivable | 41 | - | €54,000 | +€54,000 | |
| Cash at bank and in hand | 54/58 | €225 | €4 | -€222 | -98.4% |
| Total equity and liabilities | 10/49 | €426,525 | €480,304 | +€53,778 | +12.6% |
| Equity | 10/15 | €222,458 | €219,198 | -€3,260 | -1.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €5,794 | €5,794 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,794 | €5,794 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,794 | €5,794 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,664 | €133,404 | -€3,260 | -2.4% |
| Amounts payable | 17/49 | €204,067 | €261,105 | +€57,038 | +28.0% |
| Amounts payable after more than one year | 17 | €128,576 | €128,576 | = | 0.0% |
| Financial debts | 170/4 | €128,576 | €128,576 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,491 | €132,529 | +€57,038 | +75.6% |
| Trade debts | 44 | €175 | €175 | = | 0.0% |
| Suppliers | 440/4 | €175 | €175 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,766 | €691 | -€12,075 | -94.6% |
| Taxes | 450/3 | €12,766 | €691 | -€12,075 | -94.6% |
| Other amounts payable | 47/48 | €62,550 | €131,663 | +€69,113 | +110.5% |
| Other operating charges | 640/8 | - | €707 | +€707 | |
| Gross operating margin | 9900 | -€634 | - | +€634 | |
| Operating profit (loss) | 9901 | -€634 | -€707 | -€74 | -11.7% |
| Financial income | 75/76B | €107,800 | €97,503 | -€10,297 | -9.6% |
| Recurring financial income | 75 | €107,800 | €97,503 | -€10,297 | -9.6% |
| Financial charges | 65/66B | €1,216 | €2,556 | +€1,340 | +110.2% |
| Recurring financial charges | 65 | €1,216 | €2,556 | +€1,340 | +110.2% |
| Profit (loss) for the period before taxes | 9903 | €105,951 | €94,240 | -€11,711 | -11.1% |
| Profit (loss) for the period | 9904 | €105,951 | €94,240 | -€11,711 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,951 | €94,240 | -€11,711 | -11.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.