Xenia: 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.
Xenia
Largest movements
- Receivables within one year -€21,090
down €21,090 (-51.9%), from €40,658 to €19,568
of which Other amounts receivable: -€16,965
- Cash -€5,246
down €5,246 (-11.8%), from €44,479 to €39,233
mainly Contributions, distributions and other (-€20,000) and Other debts (-€19,000)
- Tangible fixed assets -€1,578
down €1,578 (-32.4%), from €4,870 to €3,292
- Other debts -€19,000
down €19,000 (-48.7%), from €39,000 to €20,000
- Reserves -€11,154
down €11,154 (-56.1%), from €19,870 to €8,716
of which Distributable reserves: -€11,154
- Tax, wage and social debts -€9,352
down €9,352 (-60.8%), from €15,382 to €6,030
of which Taxes: -€8,294
- Trade debts +€8,575
up €8,575 (+293.3%), from €2,924 to €11,499
- Short-term financial debts +€3,477
new in 2025: €3,477
- Staff costs +€14,814
up €14,814 (+36.0%), from €41,200 to €56,014
- Gross operating margin -€9,962
down €9,962 (-12.7%), from €78,569 to €68,607
- Taxes -€5,860
down €5,860 (-61.9%), from €9,467 to €3,607
- Financial income +€2,977
up €2,977 (+405.8%), from €734 to €3,710
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 | €92,447 | €64,533 | -€27,915 | -30.2% |
| Fixed assets | 21/28 | €7,310 | €5,732 | -€1,578 | -21.6% |
| Tangible fixed assets | 22/27 | €4,870 | €3,292 | -€1,578 | -32.4% |
| Other tangible fixed assets | 26 | €4,870 | €3,292 | -€1,578 | -32.4% |
| Financial fixed assets | 28 | €2,440 | €2,440 | = | 0.0% |
| Current assets | 29/58 | €85,137 | €58,801 | -€26,336 | -30.9% |
| Amounts receivable within one year | 40/41 | €40,658 | €19,568 | -€21,090 | -51.9% |
| Trade receivables | 40 | €4,133 | €8 | -€4,125 | -99.8% |
| Other amounts receivable | 41 | €36,525 | €19,560 | -€16,965 | -46.4% |
| Cash at bank and in hand | 54/58 | €44,479 | €39,233 | -€5,246 | -11.8% |
| Total equity and liabilities | 10/49 | €92,447 | €64,533 | -€27,915 | -30.2% |
| Equity | 10/15 | €26,067 | €14,913 | -€11,154 | -42.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €19,870 | €8,716 | -€11,154 | -56.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €19,870 | €8,716 | -€11,154 | -56.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,380 | €49,620 | -€16,761 | -25.2% |
| Amounts payable within one year | 42/48 | €66,380 | €49,620 | -€16,761 | -25.2% |
| Financial debts | 43 | - | €3,477 | +€3,477 | |
| Credit institutions | 430/8 | - | €3,477 | +€3,477 | |
| Trade debts | 44 | €2,924 | €11,499 | +€8,575 | +293.3% |
| Suppliers | 440/4 | €2,924 | €11,499 | +€8,575 | +293.3% |
| Advances received on contracts in progress | 46 | €9,074 | €8,614 | -€460 | -5.1% |
| Taxes, remuneration and social security | 45 | €15,382 | €6,030 | -€9,352 | -60.8% |
| Taxes | 450/3 | €8,572 | €278 | -€8,294 | -96.8% |
| Remuneration and social security | 454/9 | €6,810 | €5,752 | -€1,058 | -15.5% |
| Other amounts payable | 47/48 | €39,000 | €20,000 | -€19,000 | -48.7% |
| Remuneration, social security and pensions | 62 | €41,200 | €56,014 | +€14,814 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €1,578 | = | 0.0% |
| Other operating charges | 640/8 | €616 | €948 | +€332 | +53.9% |
| Gross operating margin | 9900 | €78,569 | €68,607 | -€9,962 | -12.7% |
| Operating profit (loss) | 9901 | €35,175 | €10,067 | -€25,108 | -71.4% |
| Financial income | 75/76B | €734 | €3,710 | +€2,977 | +405.8% |
| Recurring financial income | 75 | €734 | €3,710 | +€2,977 | +405.8% |
| Financial charges | 65/66B | €1,690 | €1,325 | -€365 | -21.6% |
| Recurring financial charges | 65 | €1,690 | €1,325 | -€365 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €34,219 | €12,453 | -€21,766 | -63.6% |
| Income taxes | 67/77 | €9,467 | €3,607 | -€5,860 | -61.9% |
| Profit (loss) for the period | 9904 | €24,752 | €8,846 | -€15,906 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,752 | €8,846 | -€15,906 | -64.3% |
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 12 October 2026 via checked.be.