Xenio: 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.
Xenio
Largest movements
- Current investments +€1.4m
up €1.4m (+294.5%), from €461,015 to €1.8m
- Cash +€110,572
up €110,572 (+319.8%), from €34,570 to €145,143
mainly Net result for the year (+€1.3m) and Tax, wage and social debts (+€120,460)
- Tangible fixed assets -€41,775
down €41,775 (-26.4%), from €158,116 to €116,341
of which Land and buildings: -€33,891
- Financial fixed assets -€34,543
no longer reported in 2025 (was €34,543)
- Receivables within one year -€27,032
down €27,032 (-81.7%), from €33,082 to €6,050
of which Trade receivables: -€24,200
- Reserves +€1.3m
up €1.3m (+219.5%), from €587,614 to €1.9m
of which Distributable reserves: +€1.3m
- Tax, wage and social debts +€120,460
up €120,460 (+1077.7%), from €11,177 to €131,638
- Revaluation surpluses -€29,500
down €29,500 (-46.2%), from €63,917 to €34,417
- Trade debts -€24,219
down €24,219 (-88.0%), from €27,517 to €3,298
- Profit (loss) carried forward +€21,930
no longer reported in 2025 (was -€21,930)
- Financial income +€1.6m
up €1.6m (+152844.6%), from €1,018 to €1.6m
- Gross operating margin -€160,960
down €160,960, from €64,846 to -€96,113
- Taxes +€112,340
up €112,340 (+556.7%), from €20,180 to €132,520
- Depreciation +€7,708
up €7,708 (+94.8%), from €8,132 to €15,840
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 | €721,327 | €2,086,351 | +€1.4m | +189.2% |
| Fixed assets | 21/28 | €192,659 | €116,341 | -€76,318 | -39.6% |
| Tangible fixed assets | 22/27 | €158,116 | €116,341 | -€41,775 | -26.4% |
| Land and buildings | 22 | €111,582 | €77,691 | -€33,891 | -30.4% |
| Plant, machinery and equipment | 23 | €3,404 | €4,403 | +€999 | +29.4% |
| Furniture and vehicles | 24 | €43,131 | €34,248 | -€8,883 | -20.6% |
| Financial fixed assets | 28 | €34,543 | - | -€34,543 | |
| Current assets | 29/58 | €528,668 | €1,970,010 | +€1.4m | +272.6% |
| Amounts receivable within one year | 40/41 | €33,082 | €6,050 | -€27,032 | -81.7% |
| Trade receivables | 40 | €30,250 | €6,050 | -€24,200 | -80.0% |
| Other amounts receivable | 41 | €2,832 | - | -€2,832 | |
| Current investments | 50/53 | €461,015 | €1,818,817 | +€1.4m | +294.5% |
| Cash at bank and in hand | 54/58 | €34,570 | €145,143 | +€110,572 | +319.8% |
| Total equity and liabilities | 10/49 | €721,327 | €2,086,351 | +€1.4m | +189.2% |
| Equity | 10/15 | €648,201 | €1,930,338 | +€1.3m | +197.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €63,917 | €34,417 | -€29,500 | -46.2% |
| Reserves | 13 | €587,614 | €1,877,321 | +€1.3m | +219.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €585,754 | €1,875,461 | +€1.3m | +220.2% |
| Profit (loss) carried forward | 14 | -€21,930 | - | +€21,930 | |
| Amounts payable | 17/49 | €73,126 | €156,013 | +€82,887 | +113.3% |
| Amounts payable within one year | 42/48 | €73,126 | €156,013 | +€82,887 | +113.3% |
| Trade debts | 44 | €27,517 | €3,298 | -€24,219 | -88.0% |
| Suppliers | 440/4 | €27,517 | €3,298 | -€24,219 | -88.0% |
| Taxes, remuneration and social security | 45 | €11,177 | €131,638 | +€120,460 | +1077.7% |
| Taxes | 450/3 | €11,177 | €131,638 | +€120,460 | +1077.7% |
| Other amounts payable | 47/48 | €34,432 | €21,078 | -€13,354 | -38.8% |
| Remuneration, social security and pensions | 62 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,132 | €15,840 | +€7,708 | +94.8% |
| Other operating charges | 640/8 | €558 | €163 | -€395 | -70.8% |
| Gross operating margin | 9900 | €64,846 | -€96,113 | -€160,960 | |
| Operating profit (loss) | 9901 | €56,156 | -€112,447 | -€168,603 | |
| Financial income | 75/76B | €1,018 | €1,556,976 | +€1.6m | +152844.6% |
| Recurring financial income | 75 | €1,018 | €1,556,976 | +€1.6m | +152844.6% |
| Financial charges | 65/66B | €553 | €372 | -€181 | -32.7% |
| Recurring financial charges | 65 | €553 | €372 | -€181 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €56,622 | €1,444,157 | +€1.4m | +2450.5% |
| Income taxes | 67/77 | €20,180 | €132,520 | +€112,340 | +556.7% |
| Profit (loss) for the period | 9904 | €36,441 | €1,311,637 | +€1.3m | +3499.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,441 | €1,311,637 | +€1.3m | +3499.3% |
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 6 October 2026 via checked.be.