XEROX: what changed
What changed
XEROX
NACE 46.500, Wholesale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
€739,568
2024 · €1.1m-€315,654
Equity
€10.6m
2024 · €9.9m+€739,570
Cash
€465,958
2024 · €378,760+€87,198
Balance sheet total
€17.5m
2024 · €17.5m-€16,876
Largest movements
Assets
- Receivables within one year +€884,634
up €884,634 (+8.6%), from €10.2m to €11.1m
of which Trade receivables: +€3.3m
- Stocks and contracts -€510,933
down €510,933 (-20.4%), from €2.5m to €2.0m
- Tangible fixed assets -€255,886
down €255,886 (-47.8%), from €535,181 to €279,295
of which Plant, machinery and equipment: -€254,062
Equity and liabilities
- Trade debts -€789,329
down €789,329 (-17.6%), from €4.5m to €3.7m
- Profit (loss) carried forward +€739,569
up €739,569 (+8.6%), from -€8.6m to -€7.9m
- Provisions +€400,000
new in 2025: €400,000
- Accrued charges and deferred income -€310,031
down €310,031 (-34.1%), from €908,043 to €598,012
Income statement
- Other operating income +€3.1m
up €3.1m (+226%), from €1.4m to €4.5m
- Turnover -€2.6m
down €2.6m (-9.1%), from €29.0m to €26.4m
- Staff costs +€2.4m
up €2.4m (+24.9%), from €9.8m to €12.2m
- Goods and materials -€1.9m
down €1.9m (-17.0%), from €11.0m to €9.1m
of which Purchases: -€2.4m
- Provisions +€827,460
up €827,460, from -€427,460 to €400,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.1m
Turnover
-€2.6m
Other operating income
+€3.1m
Goods and materials
+€1.9m
Services and other goods
+€543,941
Staff costs
-€2.4m
Depreciation
+€33,322
Write-downs
+€40,874
Provisions
-€827,460
Other operating charges
-€18,460
Other operating items
+€15,372
Financial income
-€30,636
Financial charges
+€21,353
Taxes
+€26,507
Result 2025
€739,568
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€59,384
Investment
+€146,580
Financing
+€2
Cash 2024
€378,760
From operations (derived)
-€59,384
Net result for the year
+€739,568
Depreciation
+€187,083
Stocks and contracts
+€510,933
Receivables within one year
-€884,634
Deferred charges and accrued income
+€144,112
Provisions
+€400,000
Trade debts
-€789,329
Tax, wage and social debts
-€57,086
Accrued charges and deferred income
-€310,031
Investment (derived)
+€146,580
Investment in fixed assets (net)
+€146,580
Financing
+€2
Contributions, distributions and other
+€2
Cash 2025
€465,958
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,496,425 | €17,479,549 | -€16,876 | -0.1% |
| Fixed assets | 21/28 | €2,250,180 | €1,916,517 | -€333,663 | -14.8% |
| Intangible fixed assets | 21 | €16,935 | €4,304 | -€12,631 | -74.6% |
| Tangible fixed assets | 22/27 | €535,181 | €279,295 | -€255,886 | -47.8% |
| Plant, machinery and equipment | 23 | €511,457 | €257,395 | -€254,062 | -49.7% |
| Furniture and vehicles | 24 | €23,724 | €21,900 | -€1,824 | -7.7% |
| Financial fixed assets | 28 | €1,698,064 | €1,632,918 | -€65,146 | -3.8% |
| Affiliated companies | 280/1 | €1,500,000 | €1,500,000 | = | 0.0% |
| Participating interests | 280 | €1,500,000 | €1,500,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €16,386 | €16,386 | = | 0.0% |
| Participating interests | 282 | €16,386 | €16,386 | = | 0.0% |
| Other financial fixed assets | 284/8 | €181,678 | €116,532 | -€65,146 | -35.9% |
| Amounts receivable and cash guarantees | 285/8 | €181,678 | €116,532 | -€65,146 | -35.9% |
| Current assets | 29/58 | €15,246,245 | €15,563,032 | +€316,787 | +2.1% |
| Stocks and contracts in progress | 3 | €2,504,202 | €1,993,269 | -€510,933 | -20.4% |
| Stocks | 30/36 | €2,504,202 | €1,993,269 | -€510,933 | -20.4% |
| Goods purchased for resale | 34 | €2,504,202 | €1,993,269 | -€510,933 | -20.4% |
| Amounts receivable within one year | 40/41 | €10,247,392 | €11,132,026 | +€884,634 | +8.6% |
| Trade receivables | 40 | €3,729,054 | €7,022,140 | +€3.3m | +88.3% |
| Other amounts receivable | 41 | €6,518,338 | €4,109,886 | -€2.4m | -36.9% |
| Cash at bank and in hand | 54/58 | €378,760 | €465,958 | +€87,198 | +23.0% |
| Deferred charges and accrued income | 490/1 | €2,115,891 | €1,971,779 | -€144,112 | -6.8% |
| Total equity and liabilities | 10/49 | €17,496,425 | €17,479,549 | -€16,876 | -0.1% |
| Equity | 10/15 | €9,869,437 | €10,609,007 | +€739,570 | +7.5% |
| Contributions | 10/11 | €7,418,213 | €7,418,214 | +€1 | 0.0% |
| Capital | 10 | €7,418,213 | €7,418,214 | +€1 | 0.0% |
| Issued capital | 100 | €7,418,213 | €7,418,214 | +€1 | 0.0% |
| Reserves | 13 | €11,096,161 | €11,096,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €741,821 | €741,821 | = | 0.0% |
| Legal reserve | 130 | €741,821 | €741,821 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,354,340 | €10,354,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,644,937 | -€7,905,368 | +€739,569 | +8.6% |
| Provisions and deferred taxes | 16 | - | €400,000 | +€400,000 | |
| Provisions for liabilities and charges | 160/5 | - | €400,000 | +€400,000 | |
| Other liabilities and charges | 164/5 | - | €400,000 | +€400,000 | |
| Amounts payable | 17/49 | €7,626,988 | €6,470,542 | -€1.2m | -15.2% |
| Amounts payable within one year | 42/48 | €6,718,945 | €5,872,530 | -€846,415 | -12.6% |
| Trade debts | 44 | €4,493,288 | €3,703,959 | -€789,329 | -17.6% |
| Suppliers | 440/4 | €4,493,288 | €3,703,959 | -€789,329 | -17.6% |
| Taxes, remuneration and social security | 45 | €2,225,657 | €2,168,571 | -€57,086 | -2.6% |
| Taxes | 450/3 | €491,386 | €501,305 | +€9,919 | +2.0% |
| Remuneration and social security | 454/9 | €1,734,271 | €1,667,266 | -€67,005 | -3.9% |
| Accrued charges and deferred income | 492/3 | €908,043 | €598,012 | -€310,031 | -34.1% |
| Operating income | 70/76A | €30,372,519 | €30,825,307 | +€452,788 | +1.5% |
| Turnover | 70 | €29,008,737 | €26,369,749 | -€2.6m | -9.1% |
| Other operating income | 74 | €1,363,782 | €4,450,614 | +€3.1m | +226% |
| Non-recurring operating income | 76A | - | €4,944 | +€4,944 | |
| Operating charges | 60/66A | €29,391,021 | €30,176,687 | +€785,666 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €11,005,974 | €9,130,697 | -€1.9m | -17.0% |
| Purchases | 600/8 | €11,047,173 | €8,619,958 | -€2.4m | -22.0% |
| Change in stocks: decrease (increase) | 609 | -€41,199 | €510,739 | +€551,938 | |
| Services and other goods | 61 | €8,745,173 | €8,201,232 | -€543,941 | -6.2% |
| Remuneration, social security and pensions | 62 | €9,796,307 | €12,239,895 | +€2.4m | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,405 | €187,083 | -€33,322 | -15.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,306 | -€35,568 | -€40,874 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€427,460 | €400,000 | +€827,460 | |
| Other operating charges | 640/8 | €34,888 | €53,348 | +€18,460 | +52.9% |
| Non-recurring operating charges | 66A | €10,428 | - | -€10,428 | |
| Operating profit (loss) | 9901 | €981,498 | €648,620 | -€332,878 | -33.9% |
| Financial income | 75/76B | €139,245 | €108,609 | -€30,636 | -22.0% |
| Recurring financial income | 75 | €139,245 | €108,609 | -€30,636 | -22.0% |
| Other financial income | 752/9 | €139,245 | €108,609 | -€30,636 | -22.0% |
| Financial charges | 65/66B | €27,920 | €6,567 | -€21,353 | -76.5% |
| Recurring financial charges | 65 | €27,920 | €6,567 | -€21,353 | -76.5% |
| Other financial charges | 652/9 | €27,920 | €6,567 | -€21,353 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €1,092,823 | €750,662 | -€342,161 | -31.3% |
| Income taxes | 67/77 | €37,601 | €11,094 | -€26,507 | -70.5% |
| Taxes | 670/3 | €37,601 | €11,094 | -€26,507 | -70.5% |
| Profit (loss) for the period | 9904 | €1,055,222 | €739,568 | -€315,654 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,055,222 | €739,568 | -€315,654 | -29.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.