Xavier Destrée: 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.
Xavier Destrée
Largest movements
- Current investments -€72,571
down €72,571 (-38.1%), from €190,702 to €118,131
- Cash -€12,184
down €12,184 (-20.0%), from €60,922 to €48,738
mainly Contributions, distributions and other (-€108,000) and Trade debts (-€14,769)
- Tangible fixed assets -€12,051
down €12,051 (-20.7%), from €58,183 to €46,131
- Receivables within one year -€7,768
down €7,768 (-10.6%), from €73,522 to €65,754
of which Trade receivables: -€12,822
- Reserves -€93,000
down €93,000 (-29.5%), from €314,900 to €221,900
- Trade debts -€14,769
down €14,769 (-48.8%), from €30,282 to €15,513
- Gross operating margin +€11,248
up €11,248 (+121.3%), from €9,275 to €20,524
- Taxes +€1,029
up €1,029 (+123.0%), from €837 to €1,867
- Financial income +€1,008
up €1,008 (+5.2%), from €19,377 to €20,384
- Depreciation -€679
down €679 (-4.3%), from €15,843 to €15,164
- Financial charges +€344
up €344 (+5.8%), from €5,917 to €6,261
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 | €390,970 | €283,028 | -€107,942 | -27.6% |
| Fixed assets | 21/28 | €58,215 | €46,164 | -€12,051 | -20.7% |
| Tangible fixed assets | 22/27 | €58,183 | €46,131 | -€12,051 | -20.7% |
| Plant, machinery and equipment | 23 | €16,558 | €12,022 | -€4,535 | -27.4% |
| Furniture and vehicles | 24 | €12,379 | €7,641 | -€4,738 | -38.3% |
| Other tangible fixed assets | 26 | €29,246 | €26,468 | -€2,778 | -9.5% |
| Financial fixed assets | 28 | €32 | €32 | = | 0.0% |
| Current assets | 29/58 | €332,754 | €236,864 | -€95,891 | -28.8% |
| Amounts receivable within one year | 40/41 | €73,522 | €65,754 | -€7,768 | -10.6% |
| Trade receivables | 40 | €28,451 | €15,630 | -€12,822 | -45.1% |
| Other amounts receivable | 41 | €45,070 | €50,124 | +€5,053 | +11.2% |
| Current investments | 50/53 | €190,702 | €118,131 | -€72,571 | -38.1% |
| Cash at bank and in hand | 54/58 | €60,922 | €48,738 | -€12,184 | -20.0% |
| Deferred charges and accrued income | 490/1 | €7,609 | €4,241 | -€3,368 | -44.3% |
| Total equity and liabilities | 10/49 | €390,970 | €283,028 | -€107,942 | -27.6% |
| Equity | 10/15 | €358,185 | €265,928 | -€92,257 | -25.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €314,900 | €221,900 | -€93,000 | -29.5% |
| Distributable reserves | 133 | €314,900 | €221,900 | -€93,000 | -29.5% |
| Profit (loss) carried forward | 14 | €12,298 | €13,041 | +€743 | +6.0% |
| Amounts payable | 17/49 | €32,785 | €17,100 | -€15,685 | -47.8% |
| Amounts payable within one year | 42/48 | €32,785 | €17,100 | -€15,685 | -47.8% |
| Trade debts | 44 | €30,282 | €15,513 | -€14,769 | -48.8% |
| Suppliers | 440/4 | €30,282 | €15,513 | -€14,769 | -48.8% |
| Taxes, remuneration and social security | 45 | €2,504 | €1,587 | -€917 | -36.6% |
| Taxes | 450/3 | €2,504 | €1,587 | -€917 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,843 | €15,164 | -€679 | -4.3% |
| Other operating charges | 640/8 | €1,783 | €1,873 | +€90 | +5.1% |
| Gross operating margin | 9900 | €9,275 | €20,524 | +€11,248 | +121.3% |
| Operating profit (loss) | 9901 | -€8,351 | €3,486 | +€11,837 | |
| Financial income | 75/76B | €19,377 | €20,384 | +€1,008 | +5.2% |
| Recurring financial income | 75 | €19,377 | €20,384 | +€1,008 | +5.2% |
| Financial charges | 65/66B | €5,917 | €6,261 | +€344 | +5.8% |
| Recurring financial charges | 65 | €5,917 | €6,261 | +€344 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,109 | €17,610 | +€12,501 | +244.7% |
| Income taxes | 67/77 | €837 | €1,867 | +€1,029 | +123.0% |
| Profit (loss) for the period | 9904 | €4,272 | €15,743 | +€11,472 | +268.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,272 | €15,743 | +€11,472 | +268.6% |
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 12 October 2026 via checked.be.