Xavier Fournier: 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 Fournier
Largest movements
- Receivables within one year +€313
up €313 (+11.1%), from €2,832 to €3,145
- Other debts +€2,560
up €2,560 (+7.7%), from €33,066 to €35,626
- Profit (loss) carried forward -€2,227
down €2,227 (-0.5%), from -€488,332 to -€490,559
- Financial income -€3,410
no longer reported in 2025 (was €3,410)
- Gross operating margin +€3,110
up €3,110 (+65.5%), from -€4,750 to -€1,640
- Depreciation -€1,679
no longer reported in 2025 (was €1,679)
- Other operating charges -€169
down €169 (-24.7%), from €682 to €513
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 | €2,905 | €3,238 | +€333 | +11.5% |
| Current assets | 29/58 | €2,905 | €3,238 | +€333 | +11.5% |
| Amounts receivable within one year | 40/41 | €2,832 | €3,145 | +€313 | +11.1% |
| Other amounts receivable | 41 | €2,832 | €3,145 | +€313 | +11.1% |
| Cash at bank and in hand | 54/58 | €30 | €49 | +€19 | +62.1% |
| Deferred charges and accrued income | 490/1 | €42 | €44 | +€1 | +2.5% |
| Total equity and liabilities | 10/49 | €2,905 | €3,238 | +€333 | +11.5% |
| Equity | 10/15 | -€30,161 | -€32,388 | -€2,227 | -7.4% |
| Contributions | 10/11 | €421,973 | €421,973 | = | 0.0% |
| Capital | 10 | €421,973 | €421,973 | = | 0.0% |
| Issued capital | 100 | €421,973 | €421,973 | = | 0.0% |
| Reserves | 13 | €36,197 | €36,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€488,332 | -€490,559 | -€2,227 | -0.5% |
| Amounts payable | 17/49 | €33,066 | €35,626 | +€2,560 | +7.7% |
| Amounts payable within one year | 42/48 | €33,066 | €35,626 | +€2,560 | +7.7% |
| Other amounts payable | 47/48 | €33,066 | €35,626 | +€2,560 | +7.7% |
| Non-recurring operating income | 76A | €1,157 | - | -€1,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,679 | - | -€1,679 | |
| Other operating charges | 640/8 | €682 | €513 | -€169 | -24.7% |
| Gross operating margin | 9900 | -€4,750 | -€1,640 | +€3,110 | +65.5% |
| Operating profit (loss) | 9901 | -€7,111 | -€2,154 | +€4,957 | +69.7% |
| Financial income | 75/76B | €3,410 | - | -€3,410 | |
| Recurring financial income | 75 | €3,410 | - | -€3,410 | |
| Financial charges | 65/66B | €108 | €74 | -€35 | -32.0% |
| Recurring financial charges | 65 | €108 | €74 | -€35 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,809 | -€2,227 | +€1,581 | +41.5% |
| Profit (loss) for the period | 9904 | -€3,809 | -€2,227 | +€1,581 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,809 | -€2,227 | +€1,581 | +41.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.