XIMAKO: 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.
XIMAKO
Largest movements
- Receivables within one year +€24,778
up €24,778 (+8.5%), from €290,463 to €315,241
of which Other amounts receivable: +€79,078
- Trade debts +€55,909
up €55,909 (+268.4%), from €20,832 to €76,741
- Tax, wage and social debts -€40,983
down €40,983 (-37.3%), from €109,965 to €68,981
of which Taxes: -€49,965
- Profit (loss) carried forward +€9,852
up €9,852 (+6.9%), from €143,166 to €153,019
- Gross operating margin -€113,146
down €113,146 (-22.0%), from €515,148 to €402,001
- Staff costs +€79,253
up €79,253 (+25.5%), from €310,918 to €390,171
- Taxes -€51,351
down €51,351 (-87.5%), from €58,716 to €7,365
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,463 | €315,241 | +€24,778 | +8.5% |
| Current assets | 29/58 | €290,463 | €315,241 | +€24,778 | +8.5% |
| Amounts receivable within one year | 40/41 | €290,463 | €315,241 | +€24,778 | +8.5% |
| Trade receivables | 40 | €162,200 | €107,900 | -€54,300 | -33.5% |
| Other amounts receivable | 41 | €128,263 | €207,341 | +€79,078 | +61.7% |
| Total equity and liabilities | 10/49 | €290,463 | €315,241 | +€24,778 | +8.5% |
| Equity | 10/15 | €159,666 | €169,519 | +€9,852 | +6.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,166 | €153,019 | +€9,852 | +6.9% |
| Amounts payable | 17/49 | €130,796 | €145,722 | +€14,926 | +11.4% |
| Amounts payable within one year | 42/48 | €130,796 | €145,722 | +€14,926 | +11.4% |
| Trade debts | 44 | €20,832 | €76,741 | +€55,909 | +268.4% |
| Suppliers | 440/4 | €20,832 | €76,741 | +€55,909 | +268.4% |
| Taxes, remuneration and social security | 45 | €109,965 | €68,981 | -€40,983 | -37.3% |
| Taxes | 450/3 | €56,380 | €6,415 | -€49,965 | -88.6% |
| Remuneration and social security | 454/9 | €53,584 | €62,566 | +€8,981 | +16.8% |
| Remuneration, social security and pensions | 62 | €310,918 | €390,171 | +€79,253 | +25.5% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €515,148 | €402,001 | -€113,146 | -22.0% |
| Operating profit (loss) | 9901 | €204,089 | €11,687 | -€192,403 | -94.3% |
| Financial income | 75/76B | €1,607 | €5,830 | +€4,223 | +262.8% |
| Recurring financial income | 75 | €1,607 | €5,830 | +€4,223 | +262.8% |
| Financial charges | 65/66B | €650 | €300 | -€350 | -53.8% |
| Recurring financial charges | 65 | €650 | €300 | -€350 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €205,047 | €17,217 | -€187,830 | -91.6% |
| Income taxes | 67/77 | €58,716 | €7,365 | -€51,351 | -87.5% |
| Profit (loss) for the period | 9904 | €146,331 | €9,852 | -€136,479 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €146,331 | €9,852 | -€136,479 | -93.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.