Xavco: 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.
Xavco
Largest movements
- Cash -€20,457
down €20,457 (-98.2%), from €20,822 to €365
mainly Net result for the year (-€13,830) and Tax, wage and social debts (-€3,450)
- Receivables within one year +€3,302
up €3,302 (+71.7%), from €4,607 to €7,909
of which Other amounts receivable: +€3,193
- Reserves -€13,830
down €13,830 (-83.9%), from €16,482 to €2,652
- Tax, wage and social debts -€3,450
no longer reported in 2025 (was €3,450)
- Gross operating margin -€9,266
down €9,266 (-262.6%), from -€3,529 to -€12,796
- Other operating charges +€625
new in 2025: €625
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 | €25,790 | €8,546 | -€17,245 | -66.9% |
| Current assets | 29/58 | €25,790 | €8,546 | -€17,245 | -66.9% |
| Amounts receivable within one year | 40/41 | €4,607 | €7,909 | +€3,302 | +71.7% |
| Trade receivables | 40 | - | €109 | +€109 | |
| Other amounts receivable | 41 | €4,607 | €7,800 | +€3,193 | +69.3% |
| Cash at bank and in hand | 54/58 | €20,822 | €365 | -€20,457 | -98.2% |
| Deferred charges and accrued income | 490/1 | €362 | €271 | -€90 | -25.0% |
| Total equity and liabilities | 10/49 | €25,790 | €8,546 | -€17,245 | -66.9% |
| Equity | 10/15 | €21,482 | €7,652 | -€13,830 | -64.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,482 | €2,652 | -€13,830 | -83.9% |
| Distributable reserves | 133 | €16,482 | €2,652 | -€13,830 | -83.9% |
| Amounts payable | 17/49 | €4,309 | €894 | -€3,415 | -79.3% |
| Amounts payable within one year | 42/48 | €4,309 | €894 | -€3,415 | -79.3% |
| Trade debts | 44 | €859 | €894 | +€35 | +4.1% |
| Suppliers | 440/4 | €859 | €894 | +€35 | +4.1% |
| Taxes, remuneration and social security | 45 | €3,450 | - | -€3,450 | |
| Taxes | 450/3 | €3,450 | - | -€3,450 | |
| Other operating charges | 640/8 | - | €625 | +€625 | |
| Gross operating margin | 9900 | -€3,529 | -€12,796 | -€9,266 | -262.6% |
| Operating profit (loss) | 9901 | -€3,529 | -€13,421 | -€9,892 | -280.3% |
| Financial income | 75/76B | €362 | €271 | -€90 | -25.0% |
| Recurring financial income | 75 | €362 | €271 | -€90 | -25.0% |
| Financial charges | 65/66B | €663 | €680 | +€18 | +2.7% |
| Recurring financial charges | 65 | €663 | €680 | +€18 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,830 | -€13,830 | -€10,000 | -261.1% |
| Income taxes | 67/77 | -€22 | - | +€22 | |
| Profit (loss) for the period | 9904 | -€3,808 | -€13,830 | -€10,022 | -263.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,808 | -€13,830 | -€10,022 | -263.2% |
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 9 October 2026 via checked.be.