XENA-1: 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.
XENA-1
Largest movements
- Receivables within one year +€35,823
new in 2024: €35,823
- Stocks and contracts -€11,983
no longer reported in 2024 (was €11,983)
- Cash +€7,040
up €7,040 (+41.0%), from €17,178 to €24,218
mainly Debts after one year (+€22,846) and Net result for the year (+€15,348)
- Debts after one year +€22,846
new in 2024: €22,846
- Profit (loss) carried forward +€15,348
up €15,348 (+140%), from €10,990 to €26,338
- Trade debts -€3,648
no longer reported in 2024 (was €3,648)
- Tax, wage and social debts -€3,576
down €3,576 (-39.2%), from €9,112 to €5,536
of which Remuneration and social security: -€6,013
- Purchases and services +€134,191
new in 2024: €134,191
- Turnover +€134,146
new in 2024: €134,146
- Staff costs -€41,137
down €41,137 (-69.6%), from €59,100 to €17,963
- Gross operating margin -€29,102
down €29,102 (-45.3%), from €64,244 to €35,142
- Taxes +€1,496
new in 2024: €1,496
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 | €29,160 | €60,041 | +€30,881 | +106% |
| Current assets | 29/58 | €29,160 | €60,041 | +€30,881 | +106% |
| Stocks and contracts in progress | 3 | €11,983 | - | -€11,983 | |
| Stocks | 30/36 | €11,983 | - | -€11,983 | |
| Amounts receivable within one year | 40/41 | - | €35,823 | +€35,823 | |
| Other amounts receivable | 41 | - | €35,823 | +€35,823 | |
| Cash at bank and in hand | 54/58 | €17,178 | €24,218 | +€7,040 | +41.0% |
| Total equity and liabilities | 10/49 | €29,160 | €60,041 | +€30,881 | +106% |
| Equity | 10/15 | €15,990 | €31,338 | +€15,348 | +96.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,990 | €26,338 | +€15,348 | +140% |
| Amounts payable | 17/49 | €13,171 | €28,703 | +€15,532 | +118% |
| Amounts payable after more than one year | 17 | - | €22,846 | +€22,846 | |
| Financial debts | 170/4 | - | €22,846 | +€22,846 | |
| Amounts payable within one year | 42/48 | €13,171 | €5,857 | -€7,314 | -55.5% |
| Trade debts | 44 | €3,648 | - | -€3,648 | |
| Suppliers | 440/4 | €3,648 | - | -€3,648 | |
| Taxes, remuneration and social security | 45 | €9,112 | €5,536 | -€3,576 | -39.2% |
| Taxes | 450/3 | €3,098 | €5,536 | +€2,438 | +78.7% |
| Remuneration and social security | 454/9 | €6,013 | - | -€6,013 | |
| Other amounts payable | 47/48 | €411 | €321 | -€90 | -21.9% |
| Turnover | 70 | - | €134,146 | +€134,146 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €134,191 | +€134,191 | |
| Remuneration, social security and pensions | 62 | €59,100 | €17,963 | -€41,137 | -69.6% |
| Other operating charges | 640/8 | - | €79 | +€79 | |
| Gross operating margin | 9900 | €64,244 | €35,142 | -€29,102 | -45.3% |
| Operating profit (loss) | 9901 | €5,144 | €17,101 | +€11,957 | +232% |
| Financial charges | 65/66B | €136 | €257 | +€121 | +88.5% |
| Recurring financial charges | 65 | €136 | €257 | +€121 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | €5,007 | €16,844 | +€11,836 | +236% |
| Income taxes | 67/77 | - | €1,496 | +€1,496 | |
| Profit (loss) for the period | 9904 | €5,007 | €15,348 | +€10,341 | +207% |
| Profit (loss) for the period to be appropriated | 9905 | €5,007 | €15,348 | +€10,341 | +207% |
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 19 October 2026 via checked.be.