XERION ICT: 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.
XERION ICT
Largest movements
- Receivables within one year +€969,508
up €969,508 (+4631.3%), from €20,934 to €990,441
of which Other amounts receivable: +€949,740
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€28,274
up €28,274 (+46.8%), from €60,432 to €88,705
mainly Net result for the year (+€910,542) and Other debts (+€132,120)
- Reserves +€866,928
up €866,928 (+352.1%), from €246,210 to €1.1m
of which Distributable reserves: +€866,928
- Debts after one year -€183,417
down €183,417 (-15.9%), from €1.2m to €968,375
- Other debts +€132,120
up €132,120 (+58.0%), from €227,736 to €359,856
- Tax, wage and social debts +€86,592
up €86,592 (+864.1%), from €10,021 to €96,613
- Financial income +€949,376
up €949,376 (+65340.8%), from €1,453 to €950,829
- Taxes +€88,685
up €88,685 (+446.5%), from €19,862 to €108,547
- Financial charges +€54,922
up €54,922 (+495.6%), from €11,081 to €66,003
- Gross operating margin +€25,162
up €25,162 (+20.0%), from €126,066 to €151,228
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 | €1,884,466 | €2,813,201 | +€928,735 | +49.3% |
| Fixed assets | 21/28 | €1,743,631 | €1,730,990 | -€12,641 | -0.7% |
| Tangible fixed assets | 22/27 | €59,336 | €46,695 | -€12,641 | -21.3% |
| Plant, machinery and equipment | 23 | - | €1,730 | +€1,730 | |
| Furniture and vehicles | 24 | €57,903 | €43,643 | -€14,259 | -24.6% |
| Other tangible fixed assets | 26 | €1,434 | €1,322 | -€112 | -7.8% |
| Financial fixed assets | 28 | €1,684,294 | €1,684,294 | = | 0.0% |
| Current assets | 29/58 | €140,835 | €1,082,211 | +€941,376 | +668.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €20,934 | €990,441 | +€969,508 | +4631.3% |
| Trade receivables | 40 | €19,759 | €39,526 | +€19,767 | +100.0% |
| Other amounts receivable | 41 | €1,175 | €950,915 | +€949,740 | +80832.4% |
| Current investments | 50/53 | - | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €60,432 | €88,705 | +€28,274 | +46.8% |
| Deferred charges and accrued income | 490/1 | €9,470 | €2,591 | -€6,879 | -72.6% |
| Total equity and liabilities | 10/49 | €1,884,466 | €2,813,201 | +€928,735 | +49.3% |
| Equity | 10/15 | €302,380 | €1,169,307 | +€866,928 | +286.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €246,210 | €1,113,137 | +€866,928 | +352.1% |
| 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 | €244,350 | €1,111,277 | +€866,928 | +354.8% |
| Profit (loss) carried forward | 14 | €43,770 | €43,770 | = | 0.0% |
| Amounts payable | 17/49 | €1,582,086 | €1,643,894 | +€61,808 | +3.9% |
| Amounts payable after more than one year | 17 | €1,151,792 | €968,375 | -€183,417 | -15.9% |
| Financial debts | 170/4 | €1,151,792 | €968,375 | -€183,417 | -15.9% |
| Amounts payable within one year | 42/48 | €422,235 | €648,557 | +€226,321 | +53.6% |
| Current portion of amounts payable after more than one year | 42 | €183,325 | €183,417 | +€92 | +0.1% |
| Financial debts | 43 | - | €7,238 | +€7,238 | |
| Credit institutions | 430/8 | - | €7,238 | +€7,238 | |
| Trade debts | 44 | €1,154 | €1,433 | +€279 | +24.2% |
| Suppliers | 440/4 | €1,154 | €1,433 | +€279 | +24.2% |
| Taxes, remuneration and social security | 45 | €10,021 | €96,613 | +€86,592 | +864.1% |
| Taxes | 450/3 | €10,021 | €96,613 | +€86,592 | +864.1% |
| Other amounts payable | 47/48 | €227,736 | €359,856 | +€132,120 | +58.0% |
| Accrued charges and deferred income | 492/3 | €8,059 | €26,963 | +€18,904 | +234.6% |
| Non-recurring operating income | 76A | €14,050 | €0 | -€14,050 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,902 | €16,424 | +€523 | +3.3% |
| Other operating charges | 640/8 | €891 | €540 | -€351 | -39.4% |
| Non-recurring operating charges | 66A | €34,125 | €0 | -€34,125 | -100.0% |
| Gross operating margin | 9900 | €126,066 | €151,228 | +€25,162 | +20.0% |
| Operating profit (loss) | 9901 | €75,149 | €134,264 | +€59,116 | +78.7% |
| Financial income | 75/76B | €1,453 | €950,829 | +€949,376 | +65340.8% |
| Recurring financial income | 75 | €1,453 | €950,829 | +€949,376 | +65340.8% |
| Financial charges | 65/66B | €11,081 | €66,003 | +€54,922 | +495.6% |
| Recurring financial charges | 65 | €11,081 | €66,003 | +€54,922 | +495.6% |
| Profit (loss) for the period before taxes | 9903 | €65,520 | €1,019,090 | +€953,569 | +1455.4% |
| Income taxes | 67/77 | €19,862 | €108,547 | +€88,685 | +446.5% |
| Profit (loss) for the period | 9904 | €45,658 | €910,542 | +€864,884 | +1894.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,658 | €910,542 | +€864,884 | +1894.3% |
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 10 October 2026 via checked.be.