XENDOO: 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.
XENDOO
Largest movements
- Receivables within one year +€20,195
up €20,195 (+21.6%), from €93,652 to €113,846
of which Trade receivables: +€19,058
- Tangible fixed assets -€16,822
down €16,822 (-10.1%), from €166,111 to €149,288
of which Land and buildings: -€13,299
- Cash -€10,611
down €10,611 (-62.7%), from €16,922 to €6,311
mainly Receivables within one year (-€20,195) and Debts after one year (-€15,445)
- Debts after one year -€15,445
down €15,445 (-12.0%), from €129,129 to €113,685
- Reserves +€8,253
up €8,253 (+8.3%), from €99,139 to €107,392
- Trade debts +€5,980
up €5,980 (+327%), from €1,830 to €7,810
- Current portion of long-term debt -€4,893
down €4,893 (-24.1%), from €20,338 to €15,445
- Short-term financial debts -€3,408
down €3,408 (-36.6%), from €9,307 to €5,899
- Gross operating margin -€6,771
down €6,771 (-17.2%), from €39,322 to €32,550
- Financial income +€5,467
up €5,467 (+163%), from €3,346 to €8,813
of which Non-recurring financial income: +€5,500
- Depreciation -€2,539
down €2,539 (-13.1%), from €19,361 to €16,822
- Other operating charges +€1,158
up €1,158 (+81.5%), from €1,421 to €2,579
- Financial charges -€1,046
down €1,046 (-10.9%), from €9,567 to €8,521
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 | €281,306 | €274,632 | -€6,673 | -2.4% |
| Fixed assets | 21/28 | €167,611 | €149,288 | -€18,322 | -10.9% |
| Tangible fixed assets | 22/27 | €166,111 | €149,288 | -€16,822 | -10.1% |
| Land and buildings | 22 | €161,324 | €148,025 | -€13,299 | -8.2% |
| Plant, machinery and equipment | 23 | €818 | €409 | -€409 | -50.0% |
| Furniture and vehicles | 24 | €3,969 | €854 | -€3,115 | -78.5% |
| Financial fixed assets | 28 | €1,500 | - | -€1,500 | |
| Current assets | 29/58 | €113,695 | €125,344 | +€11,649 | +10.2% |
| Amounts receivable within one year | 40/41 | €93,652 | €113,846 | +€20,195 | +21.6% |
| Trade receivables | 40 | €15,428 | €34,485 | +€19,058 | +124% |
| Other amounts receivable | 41 | €78,224 | €79,361 | +€1,137 | +1.5% |
| Cash at bank and in hand | 54/58 | €16,922 | €6,311 | -€10,611 | -62.7% |
| Deferred charges and accrued income | 490/1 | €3,121 | €5,186 | +€2,065 | +66.2% |
| Total equity and liabilities | 10/49 | €281,306 | €274,632 | -€6,673 | -2.4% |
| Equity | 10/15 | €112,629 | €120,882 | +€8,253 | +7.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €99,139 | €107,392 | +€8,253 | +8.3% |
| Distributable reserves | 133 | €99,139 | €107,392 | +€8,253 | +8.3% |
| Profit (loss) carried forward | 14 | €1,090 | €1,090 | = | 0.0% |
| Amounts payable | 17/49 | €168,676 | €153,750 | -€14,927 | -8.8% |
| Amounts payable after more than one year | 17 | €129,129 | €113,685 | -€15,445 | -12.0% |
| Financial debts | 170/4 | €129,129 | €113,685 | -€15,445 | -12.0% |
| Amounts payable within one year | 42/48 | €39,547 | €40,065 | +€518 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €20,338 | €15,445 | -€4,893 | -24.1% |
| Financial debts | 43 | €9,307 | €5,899 | -€3,408 | -36.6% |
| Credit institutions | 430/8 | €9,307 | €5,899 | -€3,408 | -36.6% |
| Trade debts | 44 | €1,830 | €7,810 | +€5,980 | +327% |
| Suppliers | 440/4 | €1,830 | €7,810 | +€5,980 | +327% |
| Taxes, remuneration and social security | 45 | €8,072 | €10,912 | +€2,840 | +35.2% |
| Taxes | 450/3 | €8,072 | €8,262 | +€190 | +2.4% |
| Remuneration and social security | 454/9 | - | €2,650 | +€2,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,361 | €16,822 | -€2,539 | -13.1% |
| Other operating charges | 640/8 | €1,421 | €2,579 | +€1,158 | +81.5% |
| Gross operating margin | 9900 | €39,322 | €32,550 | -€6,771 | -17.2% |
| Operating profit (loss) | 9901 | €18,540 | €13,149 | -€5,391 | -29.1% |
| Financial income | 75/76B | €3,346 | €8,813 | +€5,467 | +163% |
| Recurring financial income | 75 | €3,346 | €3,313 | -€33 | -1.0% |
| Non-recurring financial income | 76B | - | €5,500 | +€5,500 | |
| Financial charges | 65/66B | €9,567 | €8,521 | -€1,046 | -10.9% |
| Recurring financial charges | 65 | €9,567 | €8,521 | -€1,046 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €12,319 | €13,440 | +€1,121 | +9.1% |
| Income taxes | 67/77 | €5,588 | €5,187 | -€402 | -7.2% |
| Profit (loss) for the period | 9904 | €6,730 | €8,253 | +€1,523 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,730 | €8,253 | +€1,523 | +22.6% |
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 15 October 2026 via checked.be.