XAVIAN: 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.
XAVIAN
Largest movements
- Cash +€29,606
up €29,606 (+319%), from €9,294 to €38,900
mainly Current investments (+€28,974) and Depreciation (+€18,044)
- Current investments -€28,974
no longer reported in 2025 (was €28,974)
- Tangible fixed assets -€16,809
down €16,809 (-16.4%), from €102,512 to €85,703
of which Plant, machinery and equipment: -€12,070
- Receivables within one year +€9,132
up €9,132 (+3,398%), from €269 to €9,401
of which Other amounts receivable: +€8,329
- Tax, wage and social debts -€13,620
down €13,620 (-81.7%), from €16,671 to €3,051
of which Taxes: -€7,639
- Reserves +€8,611
up €8,611 (+25.8%), from €33,377 to €41,988
- Debts after one year -€8,260
down €8,260 (-9.9%), from €83,614 to €75,354
- Trade debts +€4,472
up €4,472 (+79.9%), from €5,600 to €10,072
- Staff costs +€16,148
up €16,148 (+51.4%), from €31,404 to €47,552
- Gross operating margin -€14,538
down €14,538 (-15.5%), from €93,638 to €79,099
- Depreciation +€3,948
up €3,948 (+28.0%), from €14,095 to €18,044
- Taxes -€3,258
down €3,258 (-60.6%), from €5,380 to €2,122
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 | €153,523 | €145,725 | -€7,797 | -5.1% |
| Fixed assets | 21/28 | €107,155 | €90,346 | -€16,809 | -15.7% |
| Tangible fixed assets | 22/27 | €102,512 | €85,703 | -€16,809 | -16.4% |
| Plant, machinery and equipment | 23 | €64,343 | €52,273 | -€12,070 | -18.8% |
| Furniture and vehicles | 24 | €17,838 | €14,746 | -€3,092 | -17.3% |
| Other tangible fixed assets | 26 | €20,330 | €18,683 | -€1,647 | -8.1% |
| Financial fixed assets | 28 | €4,643 | €4,643 | = | 0.0% |
| Current assets | 29/58 | €46,368 | €55,379 | +€9,012 | +19.4% |
| Stocks and contracts in progress | 3 | €4,426 | €4,026 | -€399 | -9.0% |
| Stocks | 30/36 | €4,426 | €4,026 | -€399 | -9.0% |
| Amounts receivable within one year | 40/41 | €269 | €9,401 | +€9,132 | +3,398% |
| Trade receivables | 40 | €220 | €1,023 | +€803 | +366% |
| Other amounts receivable | 41 | €49 | €8,378 | +€8,329 | +16,925% |
| Current investments | 50/53 | €28,974 | - | -€28,974 | |
| Cash at bank and in hand | 54/58 | €9,294 | €38,900 | +€29,606 | +319% |
| Deferred charges and accrued income | 490/1 | €3,405 | €3,052 | -€353 | -10.4% |
| Total equity and liabilities | 10/49 | €153,523 | €145,725 | -€7,797 | -5.1% |
| Equity | 10/15 | €37,377 | €45,988 | +€8,611 | +23.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €33,377 | €41,988 | +€8,611 | +25.8% |
| Distributable reserves | 133 | €33,377 | €41,988 | +€8,611 | +25.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €116,146 | €99,738 | -€16,408 | -14.1% |
| Amounts payable after more than one year | 17 | €83,614 | €75,354 | -€8,260 | -9.9% |
| Financial debts | 170/4 | €83,614 | €75,354 | -€8,260 | -9.9% |
| Amounts payable within one year | 42/48 | €31,781 | €23,633 | -€8,148 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €8,024 | €8,260 | +€236 | +2.9% |
| Trade debts | 44 | €5,600 | €10,072 | +€4,472 | +79.9% |
| Suppliers | 440/4 | €5,600 | €10,072 | +€4,472 | +79.9% |
| Taxes, remuneration and social security | 45 | €16,671 | €3,051 | -€13,620 | -81.7% |
| Taxes | 450/3 | €10,691 | €3,051 | -€7,639 | -71.5% |
| Remuneration and social security | 454/9 | €5,981 | €0 | -€5,981 | -100% |
| Other amounts payable | 47/48 | €1,486 | €2,249 | +€763 | +51.3% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Non-recurring operating income | 76A | €150 | €0 | -€150 | -100% |
| Remuneration, social security and pensions | 62 | €31,404 | €47,552 | +€16,148 | +51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,095 | €18,044 | +€3,948 | +28.0% |
| Other operating charges | 640/8 | €836 | €844 | +€8 | +0.9% |
| Non-recurring operating charges | 66A | €892 | €0 | -€892 | -100% |
| Gross operating margin | 9900 | €93,638 | €79,099 | -€14,538 | -15.5% |
| Operating profit (loss) | 9901 | €46,410 | €12,660 | -€33,750 | -72.7% |
| Financial income | 75/76B | €584 | €859 | +€275 | +47.1% |
| Recurring financial income | 75 | €584 | €859 | +€275 | +47.1% |
| Financial charges | 65/66B | €3,252 | €2,787 | -€465 | -14.3% |
| Recurring financial charges | 65 | €3,252 | €2,787 | -€465 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €43,743 | €10,733 | -€33,011 | -75.5% |
| Income taxes | 67/77 | €5,380 | €2,122 | -€3,258 | -60.6% |
| Profit (loss) for the period | 9904 | €38,363 | €8,611 | -€29,752 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,363 | €8,611 | -€29,752 | -77.6% |
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 20 October 2026 via checked.be.