XHONNEUX: 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.
XHONNEUX
Largest movements
- Tangible fixed assets +€8,875
up €8,875 (+8.4%), from €105,295 to €114,170
of which Plant, machinery and equipment: +€22,026
- Cash +€7,759
up €7,759 (+39.3%), from €19,745 to €27,504
mainly Depreciation (+€24,865) and Net result for the year (+€10,521)
- Stocks and contracts +€1,479
up €1,479 (+81.8%), from €1,808 to €3,287
- Profit (loss) carried forward +€10,521
up €10,521 (+21.9%), from €47,941 to €58,462
- Current portion of long-term debt +€3,161
up €3,161 (+19.4%), from €16,293 to €19,455
- Tax, wage and social debts +€2,247
up €2,247 (+21.6%), from €10,403 to €12,649
of which Taxes: +€2,487
- Trade debts +€1,560
up €1,560 (+306%), from €509 to €2,070
- Gross operating margin -€14,247
down €14,247 (-12.5%), from €114,055 to €99,807
- Staff costs -€10,713
down €10,713 (-15.9%), from €67,449 to €56,736
- Depreciation +€4,034
up €4,034 (+19.4%), from €20,831 to €24,865
- Taxes -€2,829
down €2,829 (-42.7%), from €6,621 to €3,792
- Other operating charges -€2,197
down €2,197 (-73.0%), from €3,010 to €812
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 | €128,280 | €146,175 | +€17,895 | +13.9% |
| Fixed assets | 21/28 | €105,295 | €114,170 | +€8,875 | +8.4% |
| Tangible fixed assets | 22/27 | €105,295 | €114,170 | +€8,875 | +8.4% |
| Plant, machinery and equipment | 23 | €7,177 | €29,203 | +€22,026 | +307% |
| Furniture and vehicles | 24 | €46,291 | €33,726 | -€12,565 | -27.1% |
| Other tangible fixed assets | 26 | €51,828 | €51,241 | -€586 | -1.1% |
| Current assets | 29/58 | €22,985 | €32,005 | +€9,020 | +39.2% |
| Stocks and contracts in progress | 3 | €1,808 | €3,287 | +€1,479 | +81.8% |
| Stocks | 30/36 | €1,808 | €3,287 | +€1,479 | +81.8% |
| Amounts receivable within one year | 40/41 | €1,431 | €1,214 | -€217 | -15.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,431 | €1,214 | -€217 | -15.2% |
| Cash at bank and in hand | 54/58 | €19,745 | €27,504 | +€7,759 | +39.3% |
| Total equity and liabilities | 10/49 | €128,280 | €146,175 | +€17,895 | +13.9% |
| Equity | 10/15 | €57,941 | €68,462 | +€10,521 | +18.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,941 | €58,462 | +€10,521 | +21.9% |
| Amounts payable | 17/49 | €70,339 | €77,714 | +€7,374 | +10.5% |
| Amounts payable after more than one year | 17 | €35,837 | €35,196 | -€641 | -1.8% |
| Financial debts | 170/4 | €35,837 | €35,196 | -€641 | -1.8% |
| Amounts payable within one year | 42/48 | €34,503 | €42,518 | +€8,015 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €16,293 | €19,455 | +€3,161 | +19.4% |
| Trade debts | 44 | €509 | €2,070 | +€1,560 | +306% |
| Suppliers | 440/4 | €509 | €2,070 | +€1,560 | +306% |
| Advances received on contracts in progress | 46 | €333 | - | -€333 | |
| Taxes, remuneration and social security | 45 | €10,403 | €12,649 | +€2,247 | +21.6% |
| Taxes | 450/3 | €6,673 | €9,160 | +€2,487 | +37.3% |
| Remuneration and social security | 454/9 | €3,729 | €3,489 | -€241 | -6.4% |
| Other amounts payable | 47/48 | €6,965 | €8,344 | +€1,379 | +19.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €67,449 | €56,736 | -€10,713 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,831 | €24,865 | +€4,034 | +19.4% |
| Other operating charges | 640/8 | €3,010 | €812 | -€2,197 | -73.0% |
| Gross operating margin | 9900 | €114,055 | €99,807 | -€14,247 | -12.5% |
| Operating profit (loss) | 9901 | €22,765 | €17,393 | -€5,372 | -23.6% |
| Financial income | 75/76B | €85 | €1,709 | +€1,624 | +1,916% |
| Recurring financial income | 75 | €85 | €1,709 | +€1,624 | +1,916% |
| Financial charges | 65/66B | €3,952 | €4,789 | +€837 | +21.2% |
| Recurring financial charges | 65 | €3,952 | €4,789 | +€837 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €18,897 | €14,313 | -€4,584 | -24.3% |
| Income taxes | 67/77 | €6,621 | €3,792 | -€2,829 | -42.7% |
| Profit (loss) for the period | 9904 | €12,276 | €10,521 | -€1,755 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,276 | €10,521 | -€1,755 | -14.3% |
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 23 October 2026 via checked.be.