XHEROS: 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.
XHEROS
Largest movements
- Cash +€59,710
up €59,710 (+2,430%), from €2,457 to €62,167
mainly Receivables within one year (+€45,748) and Net result for the year (+€21,235)
- Receivables within one year -€45,748
down €45,748 (-84.0%), from €54,450 to €8,702
- Reserves +€22,000
up €22,000 (+55.0%), from €40,000 to €62,000
- Tax, wage and social debts -€8,267
down €8,267 (-54.1%), from €15,290 to €7,023
- Trade debts +€1,233
up €1,233 (+308%), from €400 to €1,633
- Other debts +€820
new in 2025: €820
- Accrued charges and deferred income -€778
down €778 (-92.2%), from €844 to €66
- Gross operating margin -€23,315
down €23,315 (-45.3%), from €51,445 to €28,130
- Taxes -€4,764
down €4,764 (-46.6%), from €10,225 to €5,462
- Depreciation +€716
up €716 (+355%), from €202 to €918
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 | €59,436 | €73,679 | +€14,243 | +24.0% |
| Fixed assets | 21/28 | €2,529 | €2,809 | +€281 | +11.1% |
| Tangible fixed assets | 22/27 | €2,529 | €2,809 | +€281 | +11.1% |
| Furniture and vehicles | 24 | €2,529 | €2,809 | +€281 | +11.1% |
| Current assets | 29/58 | €56,907 | €70,869 | +€13,962 | +24.5% |
| Amounts receivable within one year | 40/41 | €54,450 | €8,702 | -€45,748 | -84.0% |
| Trade receivables | 40 | €54,450 | €8,702 | -€45,748 | -84.0% |
| Cash at bank and in hand | 54/58 | €2,457 | €62,167 | +€59,710 | +2,430% |
| Total equity and liabilities | 10/49 | €59,436 | €73,679 | +€14,243 | +24.0% |
| Equity | 10/15 | €42,902 | €64,137 | +€21,235 | +49.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €62,000 | +€22,000 | +55.0% |
| Distributable reserves | 133 | €40,000 | €62,000 | +€22,000 | +55.0% |
| Profit (loss) carried forward | 14 | €902 | €137 | -€765 | -84.8% |
| Amounts payable | 17/49 | €16,534 | €9,542 | -€6,992 | -42.3% |
| Amounts payable within one year | 42/48 | €15,690 | €9,476 | -€6,214 | -39.6% |
| Trade debts | 44 | €400 | €1,633 | +€1,233 | +308% |
| Suppliers | 440/4 | €400 | €1,633 | +€1,233 | +308% |
| Taxes, remuneration and social security | 45 | €15,290 | €7,023 | -€8,267 | -54.1% |
| Taxes | 450/3 | €15,290 | €7,023 | -€8,267 | -54.1% |
| Other amounts payable | 47/48 | - | €820 | +€820 | |
| Accrued charges and deferred income | 492/3 | €844 | €66 | -€778 | -92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €918 | +€716 | +355% |
| Other operating charges | 640/8 | €50 | €425 | +€375 | +750% |
| Gross operating margin | 9900 | €51,445 | €28,130 | -€23,315 | -45.3% |
| Operating profit (loss) | 9901 | €51,193 | €26,787 | -€24,406 | -47.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €66 | €92 | +€26 | +39.8% |
| Recurring financial charges | 65 | €66 | €92 | +€26 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €51,127 | €26,697 | -€24,431 | -47.8% |
| Income taxes | 67/77 | €10,225 | €5,462 | -€4,764 | -46.6% |
| Profit (loss) for the period | 9904 | €40,902 | €21,235 | -€19,667 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,902 | €21,235 | -€19,667 | -48.1% |
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 14 October 2026 via checked.be.