Xifra: 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.
Xifra
Largest movements
- Cash -€91,493
down €91,493 (-39.2%), from €233,118 to €141,625
mainly Other debts (-€88,077) and Contributions, distributions and other (-€66,140)
- Receivables within one year -€12,279
down €12,279 (-24.2%), from €50,835 to €38,556
of which Trade receivables: -€15,622
- Other debts -€88,077
down €88,077 (-60.9%), from €144,668 to €56,591
- Tax, wage and social debts -€13,777
down €13,777 (-41.6%), from €33,089 to €19,312
of which Taxes: -€15,777
- Accrued charges and deferred income +€3,997
new in 2025: €3,997
- Reserves -€3,384
down €3,384 (-5.2%), from €64,474 to €61,090
- Financial charges +€3,991
up €3,991 (+656%), from €608 to €4,599
- Financial income +€2,109
up €2,109 (+820%), from €257 to €2,367
- Gross operating margin -€1,333
down €1,333 (-1.5%), from €87,747 to €86,414
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 | €298,897 | €195,517 | -€103,380 | -34.6% |
| Fixed assets | 21/28 | €13,892 | €13,673 | -€219 | -1.6% |
| Tangible fixed assets | 22/27 | €13,892 | €13,673 | -€219 | -1.6% |
| Furniture and vehicles | 24 | €5,593 | €6,514 | +€920 | +16.5% |
| Other tangible fixed assets | 26 | €8,299 | €7,160 | -€1,139 | -13.7% |
| Current assets | 29/58 | €285,005 | €181,844 | -€103,161 | -36.2% |
| Amounts receivable within one year | 40/41 | €50,835 | €38,556 | -€12,279 | -24.2% |
| Trade receivables | 40 | €48,394 | €32,772 | -€15,622 | -32.3% |
| Other amounts receivable | 41 | €2,441 | €5,784 | +€3,343 | +137% |
| Cash at bank and in hand | 54/58 | €233,118 | €141,625 | -€91,493 | -39.2% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,663 | +€611 | +58.0% |
| Total equity and liabilities | 10/49 | €298,897 | €195,517 | -€103,380 | -34.6% |
| Equity | 10/15 | €66,974 | €63,590 | -€3,384 | -5.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €64,474 | €61,090 | -€3,384 | -5.2% |
| Distributable reserves | 133 | €64,474 | €61,090 | -€3,384 | -5.2% |
| Amounts payable | 17/49 | €231,923 | €131,927 | -€99,996 | -43.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €181,923 | €77,930 | -€103,993 | -57.2% |
| Trade debts | 44 | €4,166 | €2,027 | -€2,139 | -51.3% |
| Suppliers | 440/4 | €4,166 | €2,027 | -€2,139 | -51.3% |
| Taxes, remuneration and social security | 45 | €33,089 | €19,312 | -€13,777 | -41.6% |
| Taxes | 450/3 | €31,724 | €15,947 | -€15,777 | -49.7% |
| Remuneration and social security | 454/9 | €1,366 | €3,366 | +€2,000 | +146% |
| Other amounts payable | 47/48 | €144,668 | €56,591 | -€88,077 | -60.9% |
| Accrued charges and deferred income | 492/3 | - | €3,997 | +€3,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,783 | €3,053 | +€270 | +9.7% |
| Other operating charges | 640/8 | €836 | €1,007 | +€171 | +20.4% |
| Gross operating margin | 9900 | €87,747 | €86,414 | -€1,333 | -1.5% |
| Operating profit (loss) | 9901 | €84,129 | €82,354 | -€1,774 | -2.1% |
| Financial income | 75/76B | €257 | €2,367 | +€2,109 | +820% |
| Recurring financial income | 75 | €257 | €2,367 | +€2,109 | +820% |
| Financial charges | 65/66B | €608 | €4,599 | +€3,991 | +656% |
| Recurring financial charges | 65 | €608 | €4,599 | +€3,991 | +656% |
| Profit (loss) for the period before taxes | 9903 | €83,778 | €80,122 | -€3,656 | -4.4% |
| Income taxes | 67/77 | €17,638 | €17,366 | -€272 | -1.5% |
| Profit (loss) for the period | 9904 | €66,140 | €62,756 | -€3,384 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,140 | €62,756 | -€3,384 | -5.1% |
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 17 October 2026 via checked.be.