XIMAS: 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.
XIMAS
Largest movements
- Cash +€42,655
up €42,655 (+288%), from €14,802 to €57,457
mainly Net result for the year (+€23,666) and Receivables within one year (+€15,198)
- Receivables within one year -€15,198
down €15,198 (-51.2%), from €29,706 to €14,508
of which Other amounts receivable: -€14,958
- Tangible fixed assets -€11,998
down €11,998 (-4.8%), from €248,506 to €236,508
of which Land and buildings: -€11,621
- Reserves +€23,666
up €23,666 (+17.5%), from €135,221 to €158,887
of which Distributable reserves: +€23,666
- Debts after one year -€13,936
down €13,936 (-8.8%), from €158,840 to €144,904
- Financial income +€8,500
up €8,500 (+425%), from €2,000 to €10,500
- Gross operating margin +€6,030
up €6,030 (+17.3%), from €34,786 to €40,816
- Taxes +€2,554
up €2,554 (+45.9%), from €5,564 to €8,118
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 | €359,097 | €374,093 | +€14,995 | +4.2% |
| Fixed assets | 21/28 | €314,125 | €302,127 | -€11,998 | -3.8% |
| Tangible fixed assets | 22/27 | €248,506 | €236,508 | -€11,998 | -4.8% |
| Land and buildings | 22 | €247,900 | €236,280 | -€11,621 | -4.7% |
| Plant, machinery and equipment | 23 | €606 | €228 | -€377 | -62.3% |
| Financial fixed assets | 28 | €65,619 | €65,619 | = | 0.0% |
| Current assets | 29/58 | €44,972 | €71,965 | +€26,993 | +60.0% |
| Amounts receivable within one year | 40/41 | €29,706 | €14,508 | -€15,198 | -51.2% |
| Trade receivables | 40 | €6,748 | €6,508 | -€240 | -3.6% |
| Other amounts receivable | 41 | €22,958 | €8,000 | -€14,958 | -65.2% |
| Cash at bank and in hand | 54/58 | €14,802 | €57,457 | +€42,655 | +288% |
| Deferred charges and accrued income | 490/1 | €464 | - | -€464 | |
| Total equity and liabilities | 10/49 | €359,097 | €374,093 | +€14,995 | +4.2% |
| Equity | 10/15 | €153,821 | €177,487 | +€23,666 | +15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,221 | €158,887 | +€23,666 | +17.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €133,361 | €157,027 | +€23,666 | +17.7% |
| Amounts payable | 17/49 | €205,276 | €196,605 | -€8,671 | -4.2% |
| Amounts payable after more than one year | 17 | €158,840 | €144,904 | -€13,936 | -8.8% |
| Financial debts | 170/4 | €158,840 | €144,904 | -€13,936 | -8.8% |
| Amounts payable within one year | 42/48 | €46,436 | €51,701 | +€5,265 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €13,701 | €13,936 | +€235 | +1.7% |
| Trade debts | 44 | €387 | €521 | +€133 | +34.4% |
| Suppliers | 440/4 | €387 | €521 | +€133 | +34.4% |
| Taxes, remuneration and social security | 45 | €1,599 | €5,014 | +€3,415 | +214% |
| Taxes | 450/3 | €1,599 | €5,014 | +€3,415 | +214% |
| Other amounts payable | 47/48 | €30,749 | €32,231 | +€1,482 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,696 | €11,998 | +€301 | +2.6% |
| Other operating charges | 640/8 | €1,648 | €1,788 | +€140 | +8.5% |
| Gross operating margin | 9900 | €34,786 | €40,816 | +€6,030 | +17.3% |
| Operating profit (loss) | 9901 | €21,441 | €27,030 | +€5,589 | +26.1% |
| Financial income | 75/76B | €2,000 | €10,500 | +€8,500 | +425% |
| Recurring financial income | 75 | €2,000 | €10,500 | +€8,500 | +425% |
| Financial charges | 65/66B | €5,593 | €5,746 | +€152 | +2.7% |
| Recurring financial charges | 65 | €5,593 | €5,746 | +€152 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €17,847 | €31,784 | +€13,937 | +78.1% |
| Income taxes | 67/77 | €5,564 | €8,118 | +€2,554 | +45.9% |
| Profit (loss) for the period | 9904 | €12,283 | €23,666 | +€11,383 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,283 | €23,666 | +€11,383 | +92.7% |
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 13 October 2026 via checked.be.