XAVAGRI: 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.
XAVAGRI
Largest movements
- Receivables within one year +€7,007
up €7,007 (+37.6%), from €18,647 to €25,654
of which Trade receivables: +€12,088
- Tangible fixed assets -€3,250
down €3,250 (-40.4%), from €8,043 to €4,793
of which Plant, machinery and equipment: -€3,740
- Cash -€1,821
down €1,821 (-1.7%), from €109,855 to €108,034
mainly Net result for the year (-€20,037) and Tax, wage and social debts (-€13,537)
- Trade debts +€35,875
up €35,875 (+80.0%), from €44,821 to €80,695
- Profit (loss) carried forward -€20,037
down €20,037 (-28.3%), from €70,724 to €50,688
- Tax, wage and social debts -€13,537
no longer reported in 2025 (was €13,537)
- Gross operating margin -€61,551
down €61,551, from €53,839 to -€7,712
- Taxes -€12,907
down €12,907 (-95.3%), from €13,537 to €631
- Financial charges -€5,915
down €5,915 (-88.9%), from €6,652 to €737
- Other operating charges +€5,385
up €5,385 (+306%), from €1,762 to €7,147
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 | €136,545 | €138,870 | +€2,325 | +1.7% |
| Fixed assets | 21/28 | €8,043 | €4,793 | -€3,250 | -40.4% |
| Tangible fixed assets | 22/27 | €8,043 | €4,793 | -€3,250 | -40.4% |
| Plant, machinery and equipment | 23 | €8,043 | €4,303 | -€3,740 | -46.5% |
| Furniture and vehicles | 24 | - | €490 | +€490 | |
| Current assets | 29/58 | €128,502 | €134,077 | +€5,575 | +4.3% |
| Amounts receivable within one year | 40/41 | €18,647 | €25,654 | +€7,007 | +37.6% |
| Trade receivables | 40 | €8,238 | €20,326 | +€12,088 | +147% |
| Other amounts receivable | 41 | €10,408 | €5,328 | -€5,081 | -48.8% |
| Cash at bank and in hand | 54/58 | €109,855 | €108,034 | -€1,821 | -1.7% |
| Deferred charges and accrued income | 490/1 | - | €390 | +€390 | |
| Total equity and liabilities | 10/49 | €136,545 | €138,870 | +€2,325 | +1.7% |
| Equity | 10/15 | €76,924 | €56,888 | -€20,037 | -26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,724 | €50,688 | -€20,037 | -28.3% |
| Amounts payable | 17/49 | €59,621 | €81,982 | +€22,362 | +37.5% |
| Amounts payable within one year | 42/48 | €59,621 | €81,958 | +€22,337 | +37.5% |
| Trade debts | 44 | €44,821 | €80,695 | +€35,875 | +80.0% |
| Suppliers | 440/4 | €44,821 | €80,695 | +€35,875 | +80.0% |
| Taxes, remuneration and social security | 45 | €13,537 | - | -€13,537 | |
| Taxes | 450/3 | €13,537 | - | -€13,537 | |
| Other amounts payable | 47/48 | €1,263 | €1,263 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €25 | +€24 | +16,293% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,740 | €3,811 | +€71 | +1.9% |
| Other operating charges | 640/8 | €1,762 | €7,147 | +€5,385 | +306% |
| Gross operating margin | 9900 | €53,839 | -€7,712 | -€61,551 | |
| Operating profit (loss) | 9901 | €48,337 | -€18,670 | -€67,007 | |
| Financial income | 75/76B | €305 | €1 | -€303 | -99.5% |
| Recurring financial income | 75 | €305 | €1 | -€303 | -99.5% |
| Financial charges | 65/66B | €6,652 | €737 | -€5,915 | -88.9% |
| Recurring financial charges | 65 | €6,652 | €737 | -€5,915 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | €41,990 | -€19,406 | -€61,396 | |
| Income taxes | 67/77 | €13,537 | €631 | -€12,907 | -95.3% |
| Profit (loss) for the period | 9904 | €28,453 | -€20,037 | -€48,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,453 | -€20,037 | -€48,489 |
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 17 October 2026 via checked.be.