XEROS: 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.
What changed
XEROS
NACE 46.423, Wholesale of clothing, excluding workwear and underwear
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,080
2024 · €962+€11,118
Equity
€362,469
2024 · €350,390+€12,080
Cash
€12,641
2024 · €14,667-€2,027
Balance sheet total
€635,510
2024 · €630,131+€5,378
Largest movements
Assets
- Tangible fixed assets +€27,070
up €27,070 (+24.6%), from €110,022 to €137,092
of which Furniture and vehicles: +€43,341
- Stocks and contracts -€23,064
down €23,064 (-48.4%), from €47,634 to €24,569
Equity and liabilities
- Debts after one year -€23,292
down €23,292 (-17.1%), from €136,073 to €112,781
- Reserves +€12,000
up €12,000 (+4.5%), from €268,909 to €280,909
of which Distributable reserves: +€12,000
- Other debts +€7,190
up €7,190 (+16.4%), from €43,711 to €50,901
Income statement
- Gross operating margin +€12,479
up €12,479 (+7.5%), from €166,228 to €178,708
- Staff costs +€4,214
up €4,214 (+3.8%), from €109,652 to €113,865
- Other operating charges -€2,830
down €2,830 (-34.1%), from €8,302 to €5,472
- Financial charges +€2,129
up €2,129 (+47.1%), from €4,523 to €6,652
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.
Result 2024
€962
Gross operating margin
+€12,479
Staff costs
-€4,214
Depreciation
+€1,550
Other operating charges
+€2,830
Financial income
+€0
Financial charges
-€2,129
Taxes
+€602
Result 2025
€12,080
raises the resultlowers the result
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.
From operations
+€81,903
Investment
-€62,896
Financing
-€21,033
Cash 2024
€14,667
From operations (derived)
+€81,903
Net result for the year
+€12,080
Depreciation
+€36,088
Stocks and contracts
+€23,064
Receivables within one year
-€3,151
Deferred charges and accrued income
-€511
Trade debts
+€5,126
Tax, wage and social debts
-€180
Other debts
+€7,190
Accrued charges and deferred income
+€2,196
Investment (derived)
-€62,896
Investment in fixed assets (net)
-€62,896
Financing
-€21,033
Debts after one year
-€23,292
Current portion of long-term debt
+€2,258
Cash 2025
€12,641
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €630,131 | €635,510 | +€5,378 | +0.9% |
| Formation expenses | 20 | €1,181 | €919 | -€263 | -22.2% |
| Fixed assets | 21/28 | €110,022 | €137,092 | +€27,070 | +24.6% |
| Tangible fixed assets | 22/27 | €110,022 | €137,092 | +€27,070 | +24.6% |
| Land and buildings | 22 | €64,608 | €47,611 | -€16,997 | -26.3% |
| Plant, machinery and equipment | 23 | €1,987 | €2,714 | +€727 | +36.6% |
| Furniture and vehicles | 24 | €43,426 | €86,767 | +€43,341 | +99.8% |
| Current assets | 29/58 | €518,928 | €497,499 | -€21,429 | -4.1% |
| Amounts receivable after more than one year | 29 | €196,550 | €196,550 | = | 0.0% |
| Other amounts receivable | 291 | €196,550 | €196,550 | = | 0.0% |
| Stocks and contracts in progress | 3 | €47,634 | €24,569 | -€23,064 | -48.4% |
| Stocks | 30/36 | €47,634 | €24,569 | -€23,064 | -48.4% |
| Amounts receivable within one year | 40/41 | €257,814 | €260,965 | +€3,151 | +1.2% |
| Trade receivables | 40 | €257,814 | €260,965 | +€3,151 | +1.2% |
| Cash at bank and in hand | 54/58 | €14,667 | €12,641 | -€2,027 | -13.8% |
| Deferred charges and accrued income | 490/1 | €2,263 | €2,774 | +€511 | +22.6% |
| Total equity and liabilities | 10/49 | €630,131 | €635,510 | +€5,378 | +0.9% |
| Equity | 10/15 | €350,390 | €362,469 | +€12,080 | +3.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €268,909 | €280,909 | +€12,000 | +4.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €262,759 | €274,759 | +€12,000 | +4.6% |
| Profit (loss) carried forward | 14 | €19,980 | €20,060 | +€80 | +0.4% |
| Amounts payable | 17/49 | €279,742 | €273,040 | -€6,702 | -2.4% |
| Amounts payable after more than one year | 17 | €136,073 | €112,781 | -€23,292 | -17.1% |
| Financial debts | 170/4 | €136,073 | €112,781 | -€23,292 | -17.1% |
| Amounts payable within one year | 42/48 | €143,669 | €158,064 | +€14,394 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €61,129 | €63,388 | +€2,258 | +3.7% |
| Trade debts | 44 | €4,198 | €9,324 | +€5,126 | +122% |
| Suppliers | 440/4 | €4,198 | €9,324 | +€5,126 | +122% |
| Taxes, remuneration and social security | 45 | €34,631 | €34,451 | -€180 | -0.5% |
| Taxes | 450/3 | €11,819 | €11,035 | -€784 | -6.6% |
| Remuneration and social security | 454/9 | €22,812 | €23,416 | +€604 | +2.6% |
| Other amounts payable | 47/48 | €43,711 | €50,901 | +€7,190 | +16.4% |
| Accrued charges and deferred income | 492/3 | - | €2,196 | +€2,196 | |
| Non-recurring operating income | 76A | - | €19,000 | +€19,000 | |
| Remuneration, social security and pensions | 62 | €109,652 | €113,865 | +€4,214 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,638 | €36,088 | -€1,550 | -4.1% |
| Other operating charges | 640/8 | €8,302 | €5,472 | -€2,830 | -34.1% |
| Gross operating margin | 9900 | €166,228 | €178,708 | +€12,479 | +7.5% |
| Operating profit (loss) | 9901 | €10,637 | €23,282 | +€12,645 | +119% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,523 | €6,652 | +€2,129 | +47.1% |
| Recurring financial charges | 65 | €4,523 | €6,652 | +€2,129 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €6,113 | €16,629 | +€10,516 | +172% |
| Income taxes | 67/77 | €5,151 | €4,550 | -€602 | -11.7% |
| Profit (loss) for the period | 9904 | €962 | €12,080 | +€11,118 | +1,156% |
| Profit (loss) for the period to be appropriated | 9905 | €962 | €12,080 | +€11,118 | +1,156% |
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 30 October 2026 via checked.be.