XENS: 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.
XENS
Largest movements
- Cash +€92,477
up €92,477 (+64.9%), from €142,484 to €234,960
mainly Net result for the year (+€205,234) and Depreciation (+€6,480)
- Receivables within one year +€19,475
up €19,475 (+81.3%), from €23,947 to €43,422
of which Other amounts receivable: +€15,590
- Tangible fixed assets +€16,136
up €16,136 (+6.7%), from €239,661 to €255,797
of which Land and buildings: +€16,379
- Profit (loss) carried forward +€205,234
up €205,234 (+66.3%), from €309,449 to €514,683
- Debts after one year -€75,050
down €75,050 (-19.4%), from €386,021 to €310,971
- Gross operating margin +€56,980
up €56,980 (+23.2%), from €245,499 to €302,479
- Taxes +€15,620
up €15,620 (+28.0%), from €55,728 to €71,348
- Financial charges -€3,650
down €3,650 (-17.6%), from €20,702 to €17,053
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €815,274 | €943,364 | +€128,090 | +15.7% |
| Fixed assets | 21/28 | €646,327 | €662,464 | +€16,136 | +2.5% |
| Tangible fixed assets | 22/27 | €239,661 | €255,797 | +€16,136 | +6.7% |
| Land and buildings | 22 | €237,471 | €253,850 | +€16,379 | +6.9% |
| Plant, machinery and equipment | 23 | €2,190 | €1,947 | -€243 | -11.1% |
| Financial fixed assets | 28 | €406,667 | €406,667 | = | 0.0% |
| Current assets | 29/58 | €168,947 | €280,901 | +€111,954 | +66.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,947 | €43,422 | +€19,475 | +81.3% |
| Trade receivables | 40 | €18,500 | €22,385 | +€3,885 | +21.0% |
| Other amounts receivable | 41 | €5,447 | €21,037 | +€15,590 | +286% |
| Cash at bank and in hand | 54/58 | €142,484 | €234,960 | +€92,477 | +64.9% |
| Deferred charges and accrued income | 490/1 | €2,516 | €2,519 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €815,274 | €943,364 | +€128,090 | +15.7% |
| Equity | 10/15 | €311,449 | €516,683 | +€205,234 | +65.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309,449 | €514,683 | +€205,234 | +66.3% |
| Amounts payable | 17/49 | €503,826 | €426,681 | -€77,145 | -15.3% |
| Amounts payable after more than one year | 17 | €386,021 | €310,971 | -€75,050 | -19.4% |
| Financial debts | 170/4 | €386,021 | €310,971 | -€75,050 | -19.4% |
| Amounts payable within one year | 42/48 | €117,804 | €115,710 | -€2,094 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €72,459 | €75,050 | +€2,592 | +3.6% |
| Trade debts | 44 | €4,055 | €679 | -€3,376 | -83.3% |
| Suppliers | 440/4 | €4,055 | €679 | -€3,376 | -83.3% |
| Taxes, remuneration and social security | 45 | €41,291 | €39,981 | -€1,310 | -3.2% |
| Taxes | 450/3 | €41,291 | €39,981 | -€1,310 | -3.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €2,734 | €0 | -€2,734 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,798 | €6,480 | +€683 | +11.8% |
| Other operating charges | 640/8 | €3,631 | €3,103 | -€527 | -14.5% |
| Gross operating margin | 9900 | €245,499 | €302,479 | +€56,980 | +23.2% |
| Operating profit (loss) | 9901 | €236,070 | €292,895 | +€56,825 | +24.1% |
| Financial income | 75/76B | €0 | €740 | +€740 | |
| Recurring financial income | 75 | €0 | €740 | +€740 | |
| Financial charges | 65/66B | €20,702 | €17,053 | -€3,650 | -17.6% |
| Recurring financial charges | 65 | €20,702 | €17,053 | -€3,650 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €215,368 | €276,582 | +€61,214 | +28.4% |
| Income taxes | 67/77 | €55,728 | €71,348 | +€15,620 | +28.0% |
| Profit (loss) for the period | 9904 | €159,640 | €205,234 | +€45,595 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €159,640 | €205,234 | +€45,595 | +28.6% |
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 23 October 2026 via checked.be.