XENUS: 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.
XENUS
Largest movements
- Current investments -€95,433
down €95,433 (-42.4%), from €224,845 to €129,412
- Tangible fixed assets -€11,317
down €11,317 (-18.9%), from €60,026 to €48,709
of which Furniture and vehicles: -€6,174
- Cash +€10,816
up €10,816 (+20.5%), from €52,838 to €63,654
mainly Current investments (+€95,433) and Net result for the year (+€49,592)
- Receivables within one year +€6,404
up €6,404 (+26.8%), from €23,880 to €30,284
of which Trade receivables: +€10,338
- Other debts -€48,717
down €48,717 (-78.7%), from €61,866 to €13,150
- Reserves -€27,305
down €27,305 (-10.1%), from €270,098 to €242,792
of which Distributable reserves: -€27,305
- Trade debts -€12,044
down €12,044 (-90.9%), from €13,245 to €1,201
- Gross operating margin +€11,903
up €11,903 (+16.6%), from €71,645 to €83,548
- Financial income +€8,556
up €8,556 (+10590.6%), from €81 to €8,637
- Taxes +€6,019
up €6,019 (+43.4%), from €13,856 to €19,874
- Depreciation -€5,515
down €5,515 (-21.2%), from €26,047 to €20,532
- Financial charges +€1,945
up €1,945, from -€547 to €1,399
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 | €370,124 | €279,552 | -€90,572 | -24.5% |
| Fixed assets | 21/28 | €60,026 | €48,709 | -€11,317 | -18.9% |
| Tangible fixed assets | 22/27 | €60,026 | €48,709 | -€11,317 | -18.9% |
| Land and buildings | 22 | €32,489 | €26,533 | -€5,956 | -18.3% |
| Plant, machinery and equipment | 23 | €17,174 | €17,987 | +€813 | +4.7% |
| Furniture and vehicles | 24 | €10,364 | €4,190 | -€6,174 | -59.6% |
| Current assets | 29/58 | €310,098 | €230,843 | -€79,256 | -25.6% |
| Stocks and contracts in progress | 3 | €6,204 | €5,308 | -€896 | -14.4% |
| Stocks | 30/36 | €6,204 | €5,308 | -€896 | -14.4% |
| Amounts receivable within one year | 40/41 | €23,880 | €30,284 | +€6,404 | +26.8% |
| Trade receivables | 40 | €19,358 | €29,696 | +€10,338 | +53.4% |
| Other amounts receivable | 41 | €4,521 | €588 | -€3,933 | -87.0% |
| Current investments | 50/53 | €224,845 | €129,412 | -€95,433 | -42.4% |
| Cash at bank and in hand | 54/58 | €52,838 | €63,654 | +€10,816 | +20.5% |
| Deferred charges and accrued income | 490/1 | €2,331 | €2,184 | -€147 | -6.3% |
| Total equity and liabilities | 10/49 | €370,124 | €279,552 | -€90,572 | -24.5% |
| Equity | 10/15 | €288,698 | €261,392 | -€27,305 | -9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €270,098 | €242,792 | -€27,305 | -10.1% |
| 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 | €268,238 | €240,932 | -€27,305 | -10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,427 | €18,160 | -€63,267 | -77.7% |
| Amounts payable within one year | 42/48 | €81,427 | €18,160 | -€63,267 | -77.7% |
| Trade debts | 44 | €13,245 | €1,201 | -€12,044 | -90.9% |
| Suppliers | 440/4 | €13,245 | €1,201 | -€12,044 | -90.9% |
| Taxes, remuneration and social security | 45 | €6,315 | €3,809 | -€2,506 | -39.7% |
| Taxes | 450/3 | €4,315 | €3,809 | -€506 | -11.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €61,866 | €13,150 | -€48,717 | -78.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,047 | €20,532 | -€5,515 | -21.2% |
| Other operating charges | 640/8 | €706 | €788 | +€81 | +11.5% |
| Gross operating margin | 9900 | €71,645 | €83,548 | +€11,903 | +16.6% |
| Operating profit (loss) | 9901 | €44,892 | €62,228 | +€17,336 | +38.6% |
| Financial income | 75/76B | €81 | €8,637 | +€8,556 | +10590.6% |
| Recurring financial income | 75 | €81 | €8,637 | +€8,556 | +10590.6% |
| Financial charges | 65/66B | -€547 | €1,399 | +€1,945 | |
| Recurring financial charges | 65 | -€547 | €1,399 | +€1,945 | |
| Profit (loss) for the period before taxes | 9903 | €45,519 | €69,466 | +€23,947 | +52.6% |
| Income taxes | 67/77 | €13,856 | €19,874 | +€6,019 | +43.4% |
| Profit (loss) for the period | 9904 | €31,663 | €49,592 | +€17,929 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,663 | €49,592 | +€17,929 | +56.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.