Xiao: 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.
Xiao
Largest movements
- Cash +€47,805
up €47,805 (+101.5%), from €47,111 to €94,916
mainly Net result for the year (+€90,696) and Tax, wage and social debts (+€5,201)
- Receivables within one year +€46,555
up €46,555 (+121.0%), from €38,475 to €85,030
of which Trade receivables: +€45,620
- Reserves +€89,096
up €89,096 (+136.5%), from €65,273 to €154,369
- Tax, wage and social debts +€5,201
up €5,201 (+33.7%), from €15,414 to €20,615
- Gross operating margin +€30,809
up €30,809 (+36.7%), from €84,037 to €114,846
- Taxes +€6,847
up €6,847 (+41.0%), from €16,718 to €23,565
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,586 | €179,946 | +€94,360 | +110.3% |
| Current assets | 29/58 | €85,586 | €179,946 | +€94,360 | +110.3% |
| Amounts receivable within one year | 40/41 | €38,475 | €85,030 | +€46,555 | +121.0% |
| Trade receivables | 40 | €38,475 | €84,095 | +€45,620 | +118.6% |
| Other amounts receivable | 41 | - | €935 | +€935 | |
| Cash at bank and in hand | 54/58 | €47,111 | €94,916 | +€47,805 | +101.5% |
| Total equity and liabilities | 10/49 | €85,586 | €179,946 | +€94,360 | +110.3% |
| Equity | 10/15 | €67,773 | €156,869 | +€89,096 | +131.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €65,273 | €154,369 | +€89,096 | +136.5% |
| Distributable reserves | 133 | €65,273 | €154,369 | +€89,096 | +136.5% |
| Amounts payable | 17/49 | €17,814 | €23,077 | +€5,263 | +29.5% |
| Amounts payable within one year | 42/48 | €17,814 | €23,077 | +€5,263 | +29.5% |
| Trade debts | 44 | - | €62 | +€62 | |
| Suppliers | 440/4 | - | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | €15,414 | €20,615 | +€5,201 | +33.7% |
| Taxes | 450/3 | €15,414 | €20,615 | +€5,201 | +33.7% |
| Other amounts payable | 47/48 | €2,400 | €2,400 | = | 0.0% |
| Other operating charges | 640/8 | €446 | €449 | +€3 | +0.6% |
| Gross operating margin | 9900 | €84,037 | €114,846 | +€30,809 | +36.7% |
| Operating profit (loss) | 9901 | €83,591 | €114,397 | +€30,806 | +36.9% |
| Financial charges | 65/66B | - | €135 | +€135 | |
| Recurring financial charges | 65 | - | €135 | +€135 | |
| Profit (loss) for the period before taxes | 9903 | €83,591 | €114,262 | +€30,671 | +36.7% |
| Income taxes | 67/77 | €16,718 | €23,565 | +€6,847 | +41.0% |
| Profit (loss) for the period | 9904 | €66,873 | €90,696 | +€23,824 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,873 | €90,696 | +€23,824 | +35.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.