XENIX: 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.
What changed
XENIX
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€362,266
2024 · -€14,393+€376,659
Equity
€4.8m
2024 · €4.1m+€662,266
Cash
€88,748
2024 · €102,134-€13,386
Balance sheet total
€7.8m
2024 · €8.0m-€173,455
Largest movements
Assets
- Tangible fixed assets -€172,672
down €172,672 (-2.2%), from €7.8m to €7.7m
of which Land and buildings: -€172,672
Equity and liabilities
- Debts after one year -€342,144
down €342,144 (-12.2%), from €2.8m to €2.5m
- Short-term financial debts -€310,000
down €310,000 (-100.0%), from €310,000 to €0
- Contributions +€300,000
up €300,000 (+6.5%), from €4.6m to €4.9m
- Reserves +€221,941
new in 2025: €221,941
- Profit (loss) carried forward +€140,325
up €140,325 (+31.2%), from -€450,436 to -€310,111
Income statement
- Gross operating margin +€377,105
up €377,105 (+61.2%), from €615,982 to €993,087
- Depreciation -€164,339
down €164,339 (-46.2%), from €355,653 to €191,314
- Financial charges +€72,460
up €72,460 (+32.8%), from €221,099 to €293,560
- Taxes +€16,820
new in 2025: €16,820
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
-€14,393
Gross operating margin
+€377,105
Depreciation
+€164,339
Other operating charges
-€3,674
Other operating items
+€2,150
Financial charges
-€72,460
Taxes
-€16,820
Deferred taxes and other
-€73,980
Result 2025
€362,266
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.
From operations
+€473,800
Investment
-€25,141
Financing
-€462,044
Cash 2024
€102,134
From operations (derived)
+€473,800
Net result for the year
+€362,266
Depreciation
+€191,314
Receivables within one year
-€5,219
Deferred charges and accrued income
-€883
Provisions
+€73,980
Trade debts
-€16,916
Tax, wage and social debts
+€28,446
Other debts
-€135,929
Accrued charges and deferred income
-€23,259
Investment (derived)
-€25,141
Investment in fixed assets (net)
-€25,141
Financing
-€462,044
Debts after one year
-€342,144
Current portion of long-term debt
-€109,900
Short-term financial debts
-€310,000
Contributions, distributions and other
+€300,000
Cash 2025
€88,748
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,957,672 | €7,784,217 | -€173,455 | -2.2% |
| Fixed assets | 21/28 | €7,844,312 | €7,678,140 | -€166,172 | -2.1% |
| Tangible fixed assets | 22/27 | €7,844,312 | €7,671,640 | -€172,672 | -2.2% |
| Land and buildings | 22 | €7,257,322 | €7,084,650 | -€172,672 | -2.4% |
| Other tangible fixed assets | 26 | €586,989 | €586,989 | = | 0.0% |
| Financial fixed assets | 28 | - | €6,500 | +€6,500 | |
| Current assets | 29/58 | €113,360 | €106,077 | -€7,283 | -6.4% |
| Amounts receivable within one year | 40/41 | €3,701 | €8,920 | +€5,219 | +141.0% |
| Trade receivables | 40 | €3,701 | €8,920 | +€5,219 | +141.0% |
| Cash at bank and in hand | 54/58 | €102,134 | €88,748 | -€13,386 | -13.1% |
| Deferred charges and accrued income | 490/1 | €7,526 | €8,409 | +€883 | +11.7% |
| Total equity and liabilities | 10/49 | €7,957,672 | €7,784,217 | -€173,455 | -2.2% |
| Equity | 10/15 | €4,149,305 | €4,811,571 | +€662,266 | +16.0% |
| Contributions | 10/11 | €4,599,741 | €4,899,741 | +€300,000 | +6.5% |
| Capital | 10 | €4,599,741 | €4,899,741 | +€300,000 | +6.5% |
| Issued capital | 100 | €5,612,241 | €5,612,241 | = | 0.0% |
| Uncalled capital | 101 | €1,012,500 | €712,500 | -€300,000 | -29.6% |
| Reserves | 13 | - | €221,941 | +€221,941 | |
| Tax-exempt reserves | 132 | - | €221,941 | +€221,941 | |
| Profit (loss) carried forward | 14 | -€450,436 | -€310,111 | +€140,325 | +31.2% |
| Provisions and deferred taxes | 16 | - | €73,980 | +€73,980 | |
| Deferred taxes | 168 | - | €73,980 | +€73,980 | |
| Amounts payable | 17/49 | €3,808,367 | €2,898,665 | -€909,702 | -23.9% |
| Amounts payable after more than one year | 17 | €2,806,325 | €2,464,181 | -€342,144 | -12.2% |
| Financial debts | 170/4 | €2,806,325 | €2,464,181 | -€342,144 | -12.2% |
| Amounts payable within one year | 42/48 | €966,998 | €422,699 | -€544,299 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €434,525 | €324,626 | -€109,900 | -25.3% |
| Financial debts | 43 | €310,000 | €0 | -€310,000 | -100.0% |
| Credit institutions | 430/8 | €310,000 | €0 | -€310,000 | -100.0% |
| Trade debts | 44 | €24,880 | €7,964 | -€16,916 | -68.0% |
| Suppliers | 440/4 | €24,880 | €7,964 | -€16,916 | -68.0% |
| Taxes, remuneration and social security | 45 | €43,536 | €71,982 | +€28,446 | +65.3% |
| Taxes | 450/3 | €43,536 | €71,982 | +€28,446 | +65.3% |
| Other amounts payable | 47/48 | €154,056 | €18,128 | -€135,929 | -88.2% |
| Accrued charges and deferred income | 492/3 | €35,044 | €11,785 | -€23,259 | -66.4% |
| Non-recurring operating income | 76A | - | €298,926 | +€298,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355,653 | €191,314 | -€164,339 | -46.2% |
| Other operating charges | 640/8 | €51,473 | €55,147 | +€3,674 | +7.1% |
| Non-recurring operating charges | 66A | €2,150 | €0 | -€2,150 | -100.0% |
| Gross operating margin | 9900 | €615,982 | €993,087 | +€377,105 | +61.2% |
| Operating profit (loss) | 9901 | €206,706 | €746,627 | +€539,921 | +261.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €221,099 | €293,560 | +€72,460 | +32.8% |
| Recurring financial charges | 65 | €221,099 | €293,560 | +€72,460 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,393 | €453,067 | +€467,460 | |
| Transfer to deferred taxes | 680 | - | €73,980 | +€73,980 | |
| Income taxes | 67/77 | - | €16,820 | +€16,820 | |
| Profit (loss) for the period | 9904 | -€14,393 | €362,266 | +€376,659 | |
| Transfer to tax-exempt reserves | 689 | - | €221,941 | +€221,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,393 | €140,325 | +€154,718 |
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 7 October 2026 via checked.be.