XIA'S DEVELOPMENT: 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.
XIA'S DEVELOPMENT
Largest movements
- Tangible fixed assets -€23,576
down €23,576 (-26.7%), from €88,466 to €64,889
of which Furniture and vehicles: -€14,748
- Cash -€3,326
down €3,326 (-47.5%), from €6,996 to €3,671
mainly Debts after one year (-€12,105) and Net result for the year (-€5,459)
- Receivables within one year +€2,261
up €2,261 (+82.5%), from €2,740 to €5,002
- Formation expenses -€1,899
down €1,899 (-75.0%), from €2,532 to €633
- Debts after one year -€12,105
down €12,105 (-16.4%), from €73,876 to €61,771
- Profit (loss) carried forward -€5,459
down €5,459 (-15.7%), from -€34,674 to -€40,133
- Trade debts -€4,594
down €4,594 (-48.3%), from €9,512 to €4,918
- Other debts -€3,590
down €3,590 (-83.1%), from €4,319 to €729
- Other operating charges -€6,123
down €6,123 (-62.1%), from €9,860 to €3,736
- Gross operating margin -€1,301
down €1,301 (-3.9%), from €33,183 to €31,883
- Depreciation -€368
down €368 (-1.3%), from €28,823 to €28,455
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 | €101,387 | €75,487 | -€25,899 | -25.5% |
| Formation expenses | 20 | €2,532 | €633 | -€1,899 | -75.0% |
| Fixed assets | 21/28 | €88,466 | €64,889 | -€23,576 | -26.7% |
| Tangible fixed assets | 22/27 | €88,466 | €64,889 | -€23,576 | -26.7% |
| Land and buildings | 22 | €68,359 | €57,559 | -€10,800 | -15.8% |
| Plant, machinery and equipment | 23 | €5,359 | €7,331 | +€1,972 | +36.8% |
| Furniture and vehicles | 24 | €14,748 | - | -€14,748 | |
| Current assets | 29/58 | €10,389 | €9,965 | -€424 | -4.1% |
| Amounts receivable within one year | 40/41 | €2,740 | €5,002 | +€2,261 | +82.5% |
| Trade receivables | 40 | €2,740 | €5,002 | +€2,261 | +82.5% |
| Cash at bank and in hand | 54/58 | €6,996 | €3,671 | -€3,326 | -47.5% |
| Deferred charges and accrued income | 490/1 | €652 | €1,292 | +€640 | +98.2% |
| Total equity and liabilities | 10/49 | €101,387 | €75,487 | -€25,899 | -25.5% |
| Equity | 10/15 | -€16,074 | -€21,533 | -€5,459 | -34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,674 | -€40,133 | -€5,459 | -15.7% |
| Amounts payable | 17/49 | €117,461 | €97,021 | -€20,440 | -17.4% |
| Amounts payable after more than one year | 17 | €73,876 | €61,771 | -€12,105 | -16.4% |
| Financial debts | 170/4 | €73,876 | €61,771 | -€12,105 | -16.4% |
| Amounts payable within one year | 42/48 | €42,955 | €35,249 | -€7,705 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €11,883 | €12,105 | +€222 | +1.9% |
| Trade debts | 44 | €9,512 | €4,918 | -€4,594 | -48.3% |
| Suppliers | 440/4 | €9,512 | €4,918 | -€4,594 | -48.3% |
| Taxes, remuneration and social security | 45 | €17,241 | €17,498 | +€256 | +1.5% |
| Taxes | 450/3 | €17,241 | €17,498 | +€256 | +1.5% |
| Other amounts payable | 47/48 | €4,319 | €729 | -€3,590 | -83.1% |
| Accrued charges and deferred income | 492/3 | €630 | - | -€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,823 | €28,455 | -€368 | -1.3% |
| Other operating charges | 640/8 | €9,860 | €3,736 | -€6,123 | -62.1% |
| Gross operating margin | 9900 | €33,183 | €31,883 | -€1,301 | -3.9% |
| Operating profit (loss) | 9901 | -€5,499 | -€309 | +€5,190 | +94.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | +8,750% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +8,750% |
| Financial charges | 65/66B | €1,917 | €1,821 | -€96 | -5.0% |
| Recurring financial charges | 65 | €1,917 | €1,821 | -€96 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,416 | -€2,128 | +€5,288 | +71.3% |
| Income taxes | 67/77 | €3,276 | €3,331 | +€55 | +1.7% |
| Profit (loss) for the period | 9904 | -€10,692 | -€5,459 | +€5,233 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,692 | -€5,459 | +€5,233 | +48.9% |
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 14 October 2026 via checked.be.