XAVIO: 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.
XAVIO
Largest movements
- Deferred charges and accrued income +€8
up €8 (+2.7%), from €302 to €310
- Other debts +€3,292
up €3,292 (+7.8%), from €42,377 to €45,669
- Trade debts -€1,930
down €1,930 (-65.2%), from €2,963 to €1,032
- Profit (loss) carried forward -€1,747
down €1,747 (-2.4%), from -€71,724 to -€73,470
- Accrued charges and deferred income +€391
up €391 (+478%), from €82 to €472
- Gross operating margin +€1,727
up €1,727 (+62.1%), from -€2,782 to -€1,055
- Depreciation -€619
no longer reported in 2024 (was €619)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305 | €311 | +€6 | +2.0% |
| Current assets | 29/58 | €305 | €311 | +€6 | +2.0% |
| Cash at bank and in hand | 54/58 | €3 | €0 | -€2 | -83.1% |
| Deferred charges and accrued income | 490/1 | €302 | €310 | +€8 | +2.7% |
| Total equity and liabilities | 10/49 | €305 | €311 | +€6 | +2.0% |
| Equity | 10/15 | -€45,263 | -€47,009 | -€1,747 | -3.9% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €12,261 | €12,261 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €10,406 | €10,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,724 | -€73,470 | -€1,747 | -2.4% |
| Amounts payable | 17/49 | €45,567 | €47,320 | +€1,753 | +3.8% |
| Amounts payable within one year | 42/48 | €45,486 | €46,848 | +€1,362 | +3.0% |
| Trade debts | 44 | €2,963 | €1,032 | -€1,930 | -65.2% |
| Suppliers | 440/4 | €2,963 | €1,032 | -€1,930 | -65.2% |
| Taxes, remuneration and social security | 45 | €146 | €146 | = | 0.0% |
| Taxes | 450/3 | €146 | €146 | = | 0.0% |
| Other amounts payable | 47/48 | €42,377 | €45,669 | +€3,292 | +7.8% |
| Accrued charges and deferred income | 492/3 | €82 | €472 | +€391 | +478% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | - | -€619 | |
| Other operating charges | 640/8 | €621 | €621 | -€1 | -0.1% |
| Gross operating margin | 9900 | -€2,782 | -€1,055 | +€1,727 | +62.1% |
| Operating profit (loss) | 9901 | -€4,022 | -€1,676 | +€2,346 | +58.3% |
| Financial charges | 65/66B | €75 | €71 | -€4 | -6.0% |
| Recurring financial charges | 65 | €75 | €71 | -€4 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,097 | -€1,747 | +€2,351 | +57.4% |
| Profit (loss) for the period | 9904 | -€4,097 | -€1,747 | +€2,351 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,097 | -€1,747 | +€2,351 | +57.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.