XENWIX: 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.
XENWIX
Largest movements
- Cash -€24,779
down €24,779 (-18.9%), from €131,367 to €106,588
mainly Tax, wage and social debts (-€21,083) and Investment in fixed assets (net) (-€14,565)
- Receivables within one year -€18,075
down €18,075 (-77.1%), from €23,440 to €5,366
of which Trade receivables: -€18,023
- Tangible fixed assets -€2,051
down €2,051 (-8.7%), from €23,659 to €21,608
- Tax, wage and social debts -€21,083
down €21,083 (-81.4%), from €25,911 to €4,829
- Profit (loss) carried forward -€11,026
new in 2025: -€11,026
- Current portion of long-term debt -€8,532
no longer reported in 2025 (was €8,532)
- Other debts -€5,229
down €5,229 (-86.3%), from €6,061 to €832
- Gross operating margin -€30,161
down €30,161 (-79.4%), from €38,002 to €7,842
- Taxes -€5,594
down €5,594 (-75.5%), from €7,408 to €1,814
- Depreciation +€2,775
up €2,775 (+20.0%), from €13,841 to €16,616
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 | €183,742 | €139,089 | -€44,653 | -24.3% |
| Fixed assets | 21/28 | €23,659 | €21,608 | -€2,051 | -8.7% |
| Tangible fixed assets | 22/27 | €23,659 | €21,608 | -€2,051 | -8.7% |
| Furniture and vehicles | 24 | €23,659 | €21,608 | -€2,051 | -8.7% |
| Current assets | 29/58 | €160,083 | €117,481 | -€42,602 | -26.6% |
| Amounts receivable within one year | 40/41 | €23,440 | €5,366 | -€18,075 | -77.1% |
| Trade receivables | 40 | €23,388 | €5,366 | -€18,023 | -77.1% |
| Other amounts receivable | 41 | €52 | - | -€52 | |
| Cash at bank and in hand | 54/58 | €131,367 | €106,588 | -€24,779 | -18.9% |
| Deferred charges and accrued income | 490/1 | €5,276 | €5,528 | +€252 | +4.8% |
| Total equity and liabilities | 10/49 | €183,742 | €139,089 | -€44,653 | -24.3% |
| Equity | 10/15 | €142,387 | €131,361 | -€11,026 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,187 | €136,187 | = | 0.0% |
| Distributable reserves | 133 | €136,187 | €136,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,026 | -€11,026 | |
| Amounts payable | 17/49 | €41,355 | €7,728 | -€33,627 | -81.3% |
| Amounts payable within one year | 42/48 | €40,988 | €7,728 | -€33,260 | -81.1% |
| Current portion of amounts payable after more than one year | 42 | €8,532 | - | -€8,532 | |
| Trade debts | 44 | €484 | €2,067 | +€1,583 | +327% |
| Suppliers | 440/4 | €484 | €2,067 | +€1,583 | +327% |
| Taxes, remuneration and social security | 45 | €25,911 | €4,829 | -€21,083 | -81.4% |
| Taxes | 450/3 | €25,911 | €4,829 | -€21,083 | -81.4% |
| Other amounts payable | 47/48 | €6,061 | €832 | -€5,229 | -86.3% |
| Accrued charges and deferred income | 492/3 | €367 | - | -€367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,841 | €16,616 | +€2,775 | +20.0% |
| Other operating charges | 640/8 | €886 | €794 | -€92 | -10.4% |
| Gross operating margin | 9900 | €38,002 | €7,842 | -€30,161 | -79.4% |
| Operating profit (loss) | 9901 | €23,275 | -€9,569 | -€32,844 | |
| Financial income | 75/76B | €367 | €673 | +€306 | +83.3% |
| Recurring financial income | 75 | €367 | €673 | +€306 | +83.3% |
| Financial charges | 65/66B | €400 | €317 | -€83 | -20.8% |
| Recurring financial charges | 65 | €400 | €317 | -€83 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €23,243 | -€9,212 | -€32,454 | |
| Income taxes | 67/77 | €7,408 | €1,814 | -€5,594 | -75.5% |
| Profit (loss) for the period | 9904 | €15,835 | -€11,026 | -€26,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,835 | -€11,026 | -€26,861 |
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 21 October 2026 via checked.be.