XENSE HOLDING: 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.
XENSE HOLDING
Largest movements
- Receivables within one year -€19,542
down €19,542 (-84.7%), from €23,081 to €3,539
of which Trade receivables: -€17,170
- Tangible fixed assets -€4,764
down €4,764 (-46.4%), from €10,265 to €5,501
of which Furniture and vehicles: -€5,547
- Cash +€2,034
up €2,034 (+83.6%), from €2,432 to €4,465
mainly Receivables within one year (+€19,542) and Depreciation (+€5,928)
- Profit (loss) carried forward -€22,880
down €22,880, from €0 to -€22,880
- Tax, wage and social debts -€7,221
down €7,221 (-68.4%), from €10,561 to €3,340
- Other debts +€4,791
new in 2025: €4,791
- Trade debts +€2,970
up €2,970 (+112%), from €2,658 to €5,628
- Gross operating margin -€16,826
down €16,826, from €3,058 to -€13,769
- Financial charges +€1,045
up €1,045 (+111%), from €938 to €1,984
- Other operating charges -€835
down €835 (-47.6%), from €1,755 to €920
- Financial income -€343
down €343 (-99.8%), from €344 to €1
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 | €37,897 | €15,878 | -€22,020 | -58.1% |
| Fixed assets | 21/28 | €10,265 | €5,501 | -€4,764 | -46.4% |
| Tangible fixed assets | 22/27 | €10,265 | €5,501 | -€4,764 | -46.4% |
| Furniture and vehicles | 24 | €8,255 | €2,708 | -€5,547 | -67.2% |
| Other tangible fixed assets | 26 | €2,010 | €2,793 | +€783 | +39.0% |
| Current assets | 29/58 | €27,632 | €10,377 | -€17,256 | -62.4% |
| Amounts receivable within one year | 40/41 | €23,081 | €3,539 | -€19,542 | -84.7% |
| Trade receivables | 40 | €20,617 | €3,448 | -€17,170 | -83.3% |
| Other amounts receivable | 41 | €2,464 | €92 | -€2,372 | -96.3% |
| Cash at bank and in hand | 54/58 | €2,432 | €4,465 | +€2,034 | +83.6% |
| Deferred charges and accrued income | 490/1 | €2,120 | €2,372 | +€252 | +11.9% |
| Total equity and liabilities | 10/49 | €37,897 | €15,878 | -€22,020 | -58.1% |
| Equity | 10/15 | €23,825 | €945 | -€22,880 | -96.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €5,275 | €5,275 | = | 0.0% |
| Distributable reserves | 133 | €5,275 | €5,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€22,880 | -€22,880 | |
| Amounts payable | 17/49 | €14,072 | €14,933 | +€860 | +6.1% |
| Amounts payable within one year | 42/48 | €14,072 | €14,933 | +€860 | +6.1% |
| Financial debts | 43 | €853 | €1,174 | +€320 | +37.5% |
| Credit institutions | 430/8 | €853 | €1,174 | +€320 | +37.5% |
| Trade debts | 44 | €2,658 | €5,628 | +€2,970 | +112% |
| Suppliers | 440/4 | €2,658 | €5,628 | +€2,970 | +112% |
| Taxes, remuneration and social security | 45 | €10,561 | €3,340 | -€7,221 | -68.4% |
| Taxes | 450/3 | €10,561 | €3,340 | -€7,221 | -68.4% |
| Other amounts payable | 47/48 | - | €4,791 | +€4,791 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,037 | €5,928 | -€110 | -1.8% |
| Other operating charges | 640/8 | €1,755 | €920 | -€835 | -47.6% |
| Gross operating margin | 9900 | €3,058 | -€13,769 | -€16,826 | |
| Operating profit (loss) | 9901 | -€4,735 | -€20,616 | -€15,881 | -335% |
| Financial income | 75/76B | €344 | €1 | -€343 | -99.8% |
| Recurring financial income | 75 | €344 | €1 | -€343 | -99.8% |
| Financial charges | 65/66B | €938 | €1,984 | +€1,045 | +111% |
| Recurring financial charges | 65 | €938 | €1,984 | +€1,045 | +111% |
| Profit (loss) for the period before taxes | 9903 | -€5,329 | -€22,598 | -€17,269 | -324% |
| Income taxes | 67/77 | €181 | €282 | +€101 | +55.9% |
| Profit (loss) for the period | 9904 | -€5,510 | -€22,880 | -€17,370 | -315% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,510 | -€22,880 | -€17,370 | -315% |
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 24 October 2026 via checked.be.