XAV Services: 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.
XAV Services
Largest movements
- Receivables within one year +€9,112
up €9,112 (+32.0%), from €28,450 to €37,562
of which Other amounts receivable: +€20,427
- Stocks and contracts +€2,852
up €2,852 (+156%), from €1,823 to €4,675
- Profit (loss) carried forward +€8,495
up €8,495, from -€1,604 to €6,891
- Debts within one year +€3,469
up €3,469 (+13.4%), from €25,845 to €29,314
of which Other debts: +€15,255
- Purchases and services +€87,279
new in 2022: €87,279
- Gross operating margin +€25,183
up €25,183 (+425%), from €5,920 to €31,104
- Turnover -€17,013
down €17,013 (-12.6%), from €135,396 to €118,383
- Staff costs +€4,273
new in 2022: €4,273
- Other operating charges +€4,142
new in 2022: €4,142
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,441 | €42,406 | +€11,964 | +39.3% |
| Fixed assets | 21/28 | €168 | €168 | = | 0.0% |
| Financial fixed assets | 28 | €168 | €168 | = | 0.0% |
| Current assets | 29/58 | €30,273 | €42,237 | +€11,964 | +39.5% |
| Stocks and contracts in progress | 3 | €1,823 | €4,675 | +€2,852 | +156% |
| Stocks | 30/36 | - | €4,675 | +€4,675 | |
| Amounts receivable within one year | 40/41 | €28,450 | €37,562 | +€9,112 | +32.0% |
| Trade receivables | 40 | - | €17,136 | +€17,136 | |
| Other amounts receivable | 41 | - | €20,427 | +€20,427 | |
| Total equity and liabilities | 10/49 | €30,441 | €42,406 | +€11,964 | +39.3% |
| Equity | 10/15 | €4,596 | €13,091 | +€8,495 | +185% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€1,604 | €6,891 | +€8,495 | |
| Amounts payable | 17/49 | €25,845 | €29,314 | +€3,469 | +13.4% |
| Amounts payable within one year | 42/48 | €25,845 | €29,314 | +€3,469 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | - | €1,218 | +€1,218 | |
| Trade debts | 44 | €14,723 | €3,473 | -€11,250 | -76.4% |
| Suppliers | 440/4 | - | €3,473 | +€3,473 | |
| Taxes, remuneration and social security | 45 | - | €9,368 | +€9,368 | |
| Remuneration and social security | 454/9 | - | €9,368 | +€9,368 | |
| Other amounts payable | 47/48 | - | €15,255 | +€15,255 | |
| Turnover | 70 | €135,396 | €118,383 | -€17,013 | -12.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €87,279 | +€87,279 | |
| Remuneration, social security and pensions | 62 | - | €4,273 | +€4,273 | |
| Other operating charges | 640/8 | - | €4,142 | +€4,142 | |
| Gross operating margin | 9900 | €5,920 | €31,104 | +€25,183 | +425% |
| Operating profit (loss) | 9901 | -€1,722 | €22,689 | +€24,411 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | €50 | €2 | -€49 | -96.7% |
| Financial charges | 65/66B | - | €660 | +€660 | |
| Recurring financial charges | 65 | €930 | €660 | -€269 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,111 | €22,030 | +€24,141 | |
| Profit (loss) for the period | 9904 | -€2,111 | €22,030 | +€24,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,111 | €22,030 | +€24,141 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.