XENNER: 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.
XENNER
Largest movements
- Cash -€34,111
down €34,111 (-20.3%), from €168,175 to €134,064
mainly Contributions, distributions and other (-€78,750) and Net result for the year (-€20,555)
- Receivables within one year -€25,558
down €25,558 (-13.3%), from €191,497 to €165,939
of which Trade receivables: -€26,107
- Deferred charges and accrued income -€4,021
down €4,021 (-15.7%), from €25,564 to €21,543
- Reserves -€99,305
down €99,305 (-31.0%), from €319,888 to €220,583
of which Distributable reserves: -€99,305
- Other debts +€54,145
up €54,145 (+209.1%), from €25,900 to €80,045
- Trade debts -€19,108
down €19,108 (-91.7%), from €20,840 to €1,732
- Gross operating margin -€52,323
down €52,323, from €29,856 to -€22,467
- Taxes -€10,693
down €10,693 (-98.6%), from €10,841 to €148
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 | €386,104 | €322,207 | -€63,897 | -16.5% |
| Fixed assets | 21/28 | €868 | €662 | -€207 | -23.8% |
| Tangible fixed assets | 22/27 | €868 | €662 | -€207 | -23.8% |
| Furniture and vehicles | 24 | €868 | €662 | -€207 | -23.8% |
| Current assets | 29/58 | €385,236 | €321,545 | -€63,690 | -16.5% |
| Amounts receivable within one year | 40/41 | €191,497 | €165,939 | -€25,558 | -13.3% |
| Trade receivables | 40 | €42,098 | €15,991 | -€26,107 | -62.0% |
| Other amounts receivable | 41 | €149,399 | €149,947 | +€548 | +0.4% |
| Cash at bank and in hand | 54/58 | €168,175 | €134,064 | -€34,111 | -20.3% |
| Deferred charges and accrued income | 490/1 | €25,564 | €21,543 | -€4,021 | -15.7% |
| Total equity and liabilities | 10/49 | €386,104 | €322,207 | -€63,897 | -16.5% |
| Equity | 10/15 | €338,480 | €239,175 | -€99,305 | -29.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €319,888 | €220,583 | -€99,305 | -31.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €318,029 | €218,724 | -€99,305 | -31.2% |
| Amounts payable | 17/49 | €47,624 | €83,032 | +€35,408 | +74.3% |
| Amounts payable within one year | 42/48 | €47,624 | €83,032 | +€35,408 | +74.3% |
| Trade debts | 44 | €20,840 | €1,732 | -€19,108 | -91.7% |
| Suppliers | 440/4 | €20,840 | €1,732 | -€19,108 | -91.7% |
| Taxes, remuneration and social security | 45 | €884 | €1,255 | +€371 | +42.0% |
| Taxes | 450/3 | €884 | €1,255 | +€371 | +42.0% |
| Other amounts payable | 47/48 | €25,900 | €80,045 | +€54,145 | +209.1% |
| Non-recurring operating income | 76A | €12,819 | - | -€12,819 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €207 | +€42 | +25.8% |
| Other operating charges | 640/8 | €401 | €492 | +€91 | +22.7% |
| Gross operating margin | 9900 | €29,856 | -€22,467 | -€52,323 | |
| Operating profit (loss) | 9901 | €29,291 | -€23,165 | -€52,456 | |
| Financial income | 75/76B | €2,818 | €2,836 | +€18 | +0.6% |
| Recurring financial income | 75 | €2,818 | €2,836 | +€18 | +0.6% |
| Financial charges | 65/66B | €72 | €78 | +€6 | +8.7% |
| Recurring financial charges | 65 | €72 | €78 | +€6 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €32,037 | -€20,407 | -€52,444 | |
| Income taxes | 67/77 | €10,841 | €148 | -€10,693 | -98.6% |
| Profit (loss) for the period | 9904 | €21,197 | -€20,555 | -€41,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,197 | -€20,555 | -€41,751 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.