XATILUX: 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.
XATILUX
Largest movements
- Tangible fixed assets -€1.1m
down €1.1m (-46.9%), from €2.4m to €1.3m
of which Other tangible fixed assets: -€1.1m
- Receivables after one year +€377,700
up €377,700 (+244%), from €155,000 to €532,700
- Current portion of long-term debt -€780,492
down €780,492 (-95.4%), from €818,517 to €38,025
- Debts after one year -€187,363
down €187,363 (-9.3%), from €2.0m to €1.8m
- Other debts +€140,275
up €140,275 (+76.8%), from €182,670 to €322,945
- Profit (loss) carried forward +€60,907
up €60,907 (+14.4%), from -€423,762 to -€362,855
- Gross operating margin +€92,037
up €92,037 (+48.4%), from €190,309 to €282,346
- Other operating charges +€41,320
up €41,320 (+50.9%), from €81,105 to €122,425
- Depreciation -€16,217
down €16,217 (-22.2%), from €72,920 to €56,703
- Financial income -€4,445
down €4,445 (-99.8%), from €4,456 to €11
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 | €2,619,150 | €1,850,559 | -€768,591 | -29.3% |
| Fixed assets | 21/28 | €2,442,446 | €1,295,805 | -€1.1m | -46.9% |
| Tangible fixed assets | 22/27 | €2,442,446 | €1,295,805 | -€1.1m | -46.9% |
| Plant, machinery and equipment | 23 | €27,841 | €27,994 | +€152 | +0.5% |
| Furniture and vehicles | 24 | €233 | - | -€233 | |
| Other tangible fixed assets | 26 | €2,414,372 | €1,267,811 | -€1.1m | -47.5% |
| Current assets | 29/58 | €176,704 | €554,754 | +€378,050 | +214% |
| Amounts receivable after more than one year | 29 | €155,000 | €532,700 | +€377,700 | +244% |
| Other amounts receivable | 291 | €155,000 | €532,700 | +€377,700 | +244% |
| Amounts receivable within one year | 40/41 | €3,507 | €1,453 | -€2,054 | -58.6% |
| Trade receivables | 40 | €2,105 | €1,453 | -€652 | -31.0% |
| Other amounts receivable | 41 | €1,403 | - | -€1,403 | |
| Cash at bank and in hand | 54/58 | €15,569 | €17,862 | +€2,292 | +14.7% |
| Deferred charges and accrued income | 490/1 | €2,627 | €2,739 | +€112 | +4.3% |
| Total equity and liabilities | 10/49 | €2,619,150 | €1,850,559 | -€768,591 | -29.3% |
| Equity | 10/15 | -€405,162 | -€344,255 | +€60,907 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€423,762 | -€362,855 | +€60,907 | +14.4% |
| Amounts payable | 17/49 | €3,024,312 | €2,194,814 | -€829,498 | -27.4% |
| Amounts payable after more than one year | 17 | €2,014,093 | €1,826,729 | -€187,363 | -9.3% |
| Financial debts | 170/4 | €2,014,093 | €1,826,729 | -€187,363 | -9.3% |
| Amounts payable within one year | 42/48 | €1,010,219 | €368,084 | -€642,135 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €818,517 | €38,025 | -€780,492 | -95.4% |
| Trade debts | 44 | €6,300 | €5,322 | -€978 | -15.5% |
| Suppliers | 440/4 | €6,300 | €5,322 | -€978 | -15.5% |
| Taxes, remuneration and social security | 45 | €2,732 | €1,792 | -€939 | -34.4% |
| Taxes | 450/3 | €2,732 | €1,792 | -€939 | -34.4% |
| Other amounts payable | 47/48 | €182,670 | €322,945 | +€140,275 | +76.8% |
| Non-recurring operating income | 76A | €215,930 | €371,760 | +€155,830 | +72.2% |
| Remuneration, social security and pensions | 62 | €688 | - | -€688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,920 | €56,703 | -€16,217 | -22.2% |
| Other operating charges | 640/8 | €81,105 | €122,425 | +€41,320 | +50.9% |
| Gross operating margin | 9900 | €190,309 | €282,346 | +€92,037 | +48.4% |
| Operating profit (loss) | 9901 | €35,595 | €103,218 | +€67,622 | +190% |
| Financial income | 75/76B | €4,456 | €11 | -€4,445 | -99.8% |
| Recurring financial income | 75 | €4,456 | €11 | -€4,445 | -99.8% |
| Financial charges | 65/66B | €41,285 | €42,070 | +€784 | +1.9% |
| Recurring financial charges | 65 | €41,285 | €42,070 | +€784 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,235 | €61,159 | +€62,394 | |
| Income taxes | 67/77 | €246 | €252 | +€6 | +2.3% |
| Profit (loss) for the period | 9904 | -€1,481 | €60,907 | +€62,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,481 | €60,907 | +€62,388 |
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 22 October 2026 via checked.be.