Xenia Services: 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.
What changed
Xenia Services
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€546
2024 · €27,081-€27,626
Equity
€37,139
2024 · €38,684-€1,546
Cash
€1,629
2024 · €10,833-€9,204
Balance sheet total
€467,615
2024 · €385,423+€82,192
Largest movements
Assets
- Receivables within one year +€96,884
up €96,884 (+49.6%), from €195,452 to €292,336
of which Trade receivables: +€78,668
- Cash -€9,204
down €9,204 (-85.0%), from €10,833 to €1,629
mainly Receivables within one year (-€96,884) and Investment in fixed assets (net) (-€34,897)
- Intangible fixed assets -€5,790
down €5,790 (-14.9%), from €38,776 to €32,986
Equity and liabilities
- Other debts +€115,145
up €115,145 (+87.9%), from €131,019 to €246,164
- Debts after one year -€28,244
down €28,244 (-45.4%), from €62,164 to €33,921
Income statement
- Staff costs +€46,233
up €46,233 (+10.6%), from €436,081 to €482,314
- Gross operating margin +€24,318
up €24,318 (+4.7%), from €514,860 to €539,178
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.
Result 2024
€27,081
Gross operating margin
+€24,318
Staff costs
-€46,233
Depreciation
-€4,694
Other operating charges
-€4,455
Other operating items
-€882
Financial income
+€112
Financial charges
+€4,728
Taxes
-€521
Result 2025
-€546
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€55,533
Investment
-€34,897
Financing
-€29,841
Cash 2024
€10,833
From operations (derived)
+€55,533
Net result for the year
-€546
Depreciation
+€41,911
Receivables within one year
-€96,884
Deferred charges and accrued income
-€1,526
Trade debts
-€839
Tax, wage and social debts
-€2,767
Other debts
+€115,145
Accrued charges and deferred income
+€1,039
Investment (derived)
-€34,897
Investment in fixed assets (net)
-€34,897
Financing
-€29,841
Debts after one year
-€28,244
Current portion of long-term debt
-€597
Contributions, distributions and other
-€1,000
Cash 2025
€1,629
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,423 | €467,615 | +€82,192 | +21.3% |
| Fixed assets | 21/28 | €173,212 | €166,198 | -€7,014 | -4.0% |
| Intangible fixed assets | 21 | €38,776 | €32,986 | -€5,790 | -14.9% |
| Tangible fixed assets | 22/27 | €67,386 | €66,161 | -€1,224 | -1.8% |
| Plant, machinery and equipment | 23 | €784 | €604 | -€179 | -22.9% |
| Furniture and vehicles | 24 | €4,969 | €18,202 | +€13,233 | +266% |
| Leasing and similar rights | 25 | €61,633 | €45,342 | -€16,291 | -26.4% |
| Other tangible fixed assets | 26 | - | €2,013 | +€2,013 | |
| Financial fixed assets | 28 | €67,050 | €67,050 | = | 0.0% |
| Current assets | 29/58 | €212,212 | €301,417 | +€89,206 | +42.0% |
| Amounts receivable within one year | 40/41 | €195,452 | €292,336 | +€96,884 | +49.6% |
| Trade receivables | 40 | €189,088 | €267,756 | +€78,668 | +41.6% |
| Other amounts receivable | 41 | €6,364 | €24,580 | +€18,216 | +286% |
| Cash at bank and in hand | 54/58 | €10,833 | €1,629 | -€9,204 | -85.0% |
| Deferred charges and accrued income | 490/1 | €5,926 | €7,453 | +€1,526 | +25.8% |
| Total equity and liabilities | 10/49 | €385,423 | €467,615 | +€82,192 | +21.3% |
| Equity | 10/15 | €38,684 | €37,139 | -€1,546 | -4.0% |
| Contributions | 10/11 | €226,600 | €225,600 | -€1,000 | -0.4% |
| Capital | 10 | €226,600 | €225,600 | -€1,000 | -0.4% |
| Issued capital | 100 | €226,600 | €225,600 | -€1,000 | -0.4% |
| Profit (loss) carried forward | 14 | -€187,916 | -€188,461 | -€546 | -0.3% |
| Amounts payable | 17/49 | €346,739 | €430,476 | +€83,737 | +24.1% |
| Amounts payable after more than one year | 17 | €62,164 | €33,921 | -€28,244 | -45.4% |
| Financial debts | 170/4 | €62,164 | €33,921 | -€28,244 | -45.4% |
| Amounts payable within one year | 42/48 | €284,575 | €395,516 | +€110,942 | +39.0% |
| Current portion of amounts payable after more than one year | 42 | €29,763 | €29,166 | -€597 | -2.0% |
| Trade debts | 44 | €67,395 | €66,556 | -€839 | -1.2% |
| Suppliers | 440/4 | €67,395 | €66,556 | -€839 | -1.2% |
| Taxes, remuneration and social security | 45 | €56,398 | €53,631 | -€2,767 | -4.9% |
| Taxes | 450/3 | €7,485 | €3,927 | -€3,558 | -47.5% |
| Remuneration and social security | 454/9 | €48,913 | €49,704 | +€792 | +1.6% |
| Other amounts payable | 47/48 | €131,019 | €246,164 | +€115,145 | +87.9% |
| Accrued charges and deferred income | 492/3 | €0 | €1,039 | +€1,039 | |
| Remuneration, social security and pensions | 62 | €436,081 | €482,314 | +€46,233 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,217 | €41,911 | +€4,694 | +12.6% |
| Other operating charges | 640/8 | €1,363 | €5,818 | +€4,455 | +327% |
| Non-recurring operating charges | 66A | - | €882 | +€882 | |
| Gross operating margin | 9900 | €514,860 | €539,178 | +€24,318 | +4.7% |
| Operating profit (loss) | 9901 | €40,198 | €8,252 | -€31,946 | -79.5% |
| Financial income | 75/76B | €172 | €284 | +€112 | +65.3% |
| Recurring financial income | 75 | €172 | €284 | +€112 | +65.3% |
| Financial charges | 65/66B | €12,329 | €7,601 | -€4,728 | -38.3% |
| Recurring financial charges | 65 | €12,329 | €7,601 | -€4,728 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €28,041 | €935 | -€27,106 | -96.7% |
| Income taxes | 67/77 | €960 | €1,481 | +€521 | +54.2% |
| Profit (loss) for the period | 9904 | €27,081 | -€546 | -€27,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,081 | -€546 | -€27,626 |
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 27 October 2026 via checked.be.