XEKO: what changed
Two fiscal 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.
XEKO
Largest movements
- Receivables within one year -€57,415
no longer reported in 2025 (was €57,415)
- Other debts -€35,819
down €35,819 (-23.2%), from €154,218 to €118,399
- Debts after one year -€22,000
down €22,000 (-4.1%), from €531,927 to €509,927
- Gross operating margin -€101
down €101 (-11.9%), from -€853 to -€954
- Financial charges +€51
up €51 (+25.7%), from €198 to €249
- Financial income -€30
down €30 (-88.3%), from €34 to €4
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 | €1,513,502 | €1,455,854 | -€57,648 | -3.8% |
| Fixed assets | 21/28 | €1,453,712 | €1,453,712 | = | 0.0% |
| Financial fixed assets | 28 | €1,453,712 | €1,453,712 | = | 0.0% |
| Current assets | 29/58 | €59,790 | €2,142 | -€57,648 | -96.4% |
| Amounts receivable within one year | 40/41 | €57,415 | - | -€57,415 | |
| Trade receivables | 40 | €57,415 | - | -€57,415 | |
| Cash at bank and in hand | 54/58 | €2,375 | €2,142 | -€233 | -9.8% |
| Total equity and liabilities | 10/49 | €1,513,502 | €1,455,854 | -€57,648 | -3.8% |
| Equity | 10/15 | €802,279 | €800,863 | -€1,417 | -0.2% |
| Contributions | 10/11 | €799,862 | €799,862 | = | 0.0% |
| Reserves | 13 | €235 | €235 | = | 0.0% |
| Non-distributable reserves | 130/1 | €235 | €235 | = | 0.0% |
| Reserves not available under the articles | 1311 | €235 | €235 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,182 | €766 | -€1,417 | -64.9% |
| Amounts payable | 17/49 | €711,222 | €654,991 | -€56,231 | -7.9% |
| Amounts payable after more than one year | 17 | €531,927 | €509,927 | -€22,000 | -4.1% |
| Financial debts | 170/4 | €531,927 | €509,927 | -€22,000 | -4.1% |
| Amounts payable within one year | 42/48 | €179,295 | €145,064 | -€34,231 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €24,000 | €24,000 | = | 0.0% |
| Trade debts | 44 | €1,077 | €2,665 | +€1,588 | +147.4% |
| Suppliers | 440/4 | €1,077 | €2,665 | +€1,588 | +147.4% |
| Other amounts payable | 47/48 | €154,218 | €118,399 | -€35,819 | -23.2% |
| Other operating charges | 640/8 | €212 | €218 | +€6 | +2.8% |
| Gross operating margin | 9900 | -€853 | -€954 | -€101 | -11.9% |
| Operating profit (loss) | 9901 | -€1,064 | -€1,172 | -€107 | -10.1% |
| Financial income | 75/76B | €34 | €4 | -€30 | -88.3% |
| Recurring financial income | 75 | €34 | €4 | -€30 | -88.3% |
| Financial charges | 65/66B | €198 | €249 | +€51 | +25.7% |
| Recurring financial charges | 65 | €198 | €249 | +€51 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,228 | -€1,417 | -€188 | -15.3% |
| Profit (loss) for the period | 9904 | -€1,228 | -€1,417 | -€188 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,228 | -€1,417 | -€188 | -15.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.