Xerus: 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.
Xerus
Largest movements
- Current investments +€145,665
up €145,665 (+7.4%), from €2.0m to €2.1m
- Tangible fixed assets +€70,346
up €70,346 (+985.0%), from €7,142 to €77,488
of which Furniture and vehicles: +€73,287
- Other debts +€454,846
up €454,846 (+417.6%), from €108,922 to €563,767
- Reserves -€317,845
down €317,845 (-13.0%), from €2.5m to €2.1m
- Tax, wage and social debts +€32,141
up €32,141 (+156.3%), from €20,562 to €52,703
- Financial income +€240,294
up €240,294 (+288.7%), from €83,231 to €323,525
- Gross operating margin -€134,613
down €134,613, from €117,748 to -€16,865
- Taxes +€35,365
up €35,365 (+68.1%), from €51,911 to €87,276
- Other operating charges +€1,525
up €1,525 (+27.5%), from €5,548 to €7,073
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 | €2,596,004 | €2,762,236 | +€166,232 | +6.4% |
| Fixed assets | 21/28 | €7,142 | €77,488 | +€70,346 | +985.0% |
| Tangible fixed assets | 22/27 | €7,142 | €77,488 | +€70,346 | +985.0% |
| Land and buildings | 22 | €5,701 | €3,944 | -€1,758 | -30.8% |
| Plant, machinery and equipment | 23 | €619 | €257 | -€362 | -58.4% |
| Furniture and vehicles | 24 | - | €73,287 | +€73,287 | |
| Other tangible fixed assets | 26 | €822 | €0 | -€822 | -100.0% |
| Current assets | 29/58 | €2,588,862 | €2,684,748 | +€95,885 | +3.7% |
| Amounts receivable after more than one year | 29 | €562,440 | €537,440 | -€25,000 | -4.4% |
| Other amounts receivable | 291 | €562,440 | €537,440 | -€25,000 | -4.4% |
| Amounts receivable within one year | 40/41 | €5,940 | €0 | -€5,940 | -100.0% |
| Trade receivables | 40 | €5,940 | €0 | -€5,940 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €1,966,483 | €2,112,148 | +€145,665 | +7.4% |
| Cash at bank and in hand | 54/58 | €53,999 | €35,159 | -€18,840 | -34.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,596,004 | €2,762,236 | +€166,232 | +6.4% |
| Equity | 10/15 | €2,459,310 | €2,141,466 | -€317,845 | -12.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €2,453,105 | €2,135,260 | -€317,845 | -13.0% |
| Distributable reserves | 133 | €2,453,105 | €2,135,260 | -€317,845 | -13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €136,694 | €620,770 | +€484,076 | +354.1% |
| Amounts payable within one year | 42/48 | €132,855 | €616,788 | +€483,933 | +364.3% |
| Trade debts | 44 | €3,372 | €317 | -€3,055 | -90.6% |
| Suppliers | 440/4 | €3,372 | €317 | -€3,055 | -90.6% |
| Taxes, remuneration and social security | 45 | €20,562 | €52,703 | +€32,141 | +156.3% |
| Taxes | 450/3 | €20,562 | €52,703 | +€32,141 | +156.3% |
| Other amounts payable | 47/48 | €108,922 | €563,767 | +€454,846 | +417.6% |
| Accrued charges and deferred income | 492/3 | €3,839 | €3,982 | +€144 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,904 | €4,576 | +€671 | +17.2% |
| Other operating charges | 640/8 | €5,548 | €7,073 | +€1,525 | +27.5% |
| Gross operating margin | 9900 | €117,748 | -€16,865 | -€134,613 | |
| Operating profit (loss) | 9901 | €108,295 | -€28,514 | -€136,809 | |
| Financial income | 75/76B | €83,231 | €323,525 | +€240,294 | +288.7% |
| Recurring financial income | 75 | €83,231 | €323,525 | +€240,294 | +288.7% |
| Financial charges | 65/66B | €25,414 | €25,580 | +€165 | +0.7% |
| Recurring financial charges | 65 | €25,414 | €25,580 | +€165 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €166,112 | €269,431 | +€103,319 | +62.2% |
| Income taxes | 67/77 | €51,911 | €87,276 | +€35,365 | +68.1% |
| Profit (loss) for the period | 9904 | €114,201 | €182,155 | +€67,954 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,201 | €182,155 | +€67,954 | +59.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.