XIMEO: 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.
XIMEO
Largest movements
- Receivables within one year -€105,175
down €105,175 (-70.1%), from €150,049 to €44,874
of which Trade receivables: -€107,129
- Cash -€3,075
down €3,075 (-7.3%), from €42,375 to €39,301
mainly Net result for the year (-€106,759) and Short-term financial debts (-€38,000)
- Profit (loss) carried forward -€106,759
down €106,759 (-10.7%), from -€996,730 to -€1.1m
- Current portion of long-term debt +€87,710
up €87,710 (+59.1%), from €148,435 to €236,145
- Short-term financial debts -€38,000
no longer reported in 2025 (was €38,000)
- Trade debts -€30,705
down €30,705 (-31.3%), from €98,141 to €67,437
- Tax, wage and social debts -€22,702
down €22,702 (-28.0%), from €81,171 to €58,469
of which Remuneration and social security: -€13,234
- Gross operating margin -€48,204
down €48,204 (-25.2%), from €191,298 to €143,094
- Financial charges +€5,638
up €5,638 (+36.3%), from €15,538 to €21,176
- Staff costs +€5,041
up €5,041 (+2.2%), from €226,905 to €231,945
- Taxes +€4,510
up €4,510 (+54.9%), from -€8,214 to -€3,704
- Depreciation -€3,424
down €3,424 (-96.9%), from €3,533 to €109
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
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 | €197,472 | €88,336 | -€109,136 | -55.3% |
| Fixed assets | 21/28 | €333 | €223 | -€109 | -32.9% |
| Tangible fixed assets | 22/27 | €109 | - | -€109 | |
| Furniture and vehicles | 24 | €109 | - | -€109 | |
| Financial fixed assets | 28 | €223 | €223 | = | 0.0% |
| Current assets | 29/58 | €197,140 | €88,113 | -€109,027 | -55.3% |
| Amounts receivable within one year | 40/41 | €150,049 | €44,874 | -€105,175 | -70.1% |
| Trade receivables | 40 | €144,958 | €37,829 | -€107,129 | -73.9% |
| Other amounts receivable | 41 | €5,092 | €7,046 | +€1,954 | +38.4% |
| Cash at bank and in hand | 54/58 | €42,375 | €39,301 | -€3,075 | -7.3% |
| Deferred charges and accrued income | 490/1 | €4,715 | €3,938 | -€777 | -16.5% |
| Total equity and liabilities | 10/49 | €197,472 | €88,336 | -€109,136 | -55.3% |
| Equity | 10/15 | -€248,198 | -€354,957 | -€106,759 | -43.0% |
| Contributions | 10/11 | €748,532 | €748,532 | = | 0.0% |
| Capital | 10 | €132,780 | €132,780 | = | 0.0% |
| Issued capital | 100 | €132,780 | €132,780 | = | 0.0% |
| Outside capital | 11 | €615,752 | €615,752 | = | 0.0% |
| Share premium | 1100/10 | €615,752 | €615,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€996,730 | -€1,103,489 | -€106,759 | -10.7% |
| Amounts payable | 17/49 | €445,670 | €443,293 | -€2,377 | -0.5% |
| Amounts payable after more than one year | 17 | €54,000 | €55,000 | +€1,000 | +1.9% |
| Financial debts | 170/4 | €54,000 | €55,000 | +€1,000 | +1.9% |
| Amounts payable within one year | 42/48 | €390,915 | €388,099 | -€2,816 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €148,435 | €236,145 | +€87,710 | +59.1% |
| Financial debts | 43 | €38,000 | - | -€38,000 | |
| Credit institutions | 430/8 | €38,000 | - | -€38,000 | |
| Trade debts | 44 | €98,141 | €67,437 | -€30,705 | -31.3% |
| Suppliers | 440/4 | €98,141 | €67,437 | -€30,705 | -31.3% |
| Taxes, remuneration and social security | 45 | €81,171 | €58,469 | -€22,702 | -28.0% |
| Taxes | 450/3 | €35,489 | €26,020 | -€9,468 | -26.7% |
| Remuneration and social security | 454/9 | €45,683 | €32,449 | -€13,234 | -29.0% |
| Other amounts payable | 47/48 | €25,167 | €26,048 | +€881 | +3.5% |
| Accrued charges and deferred income | 492/3 | €755 | €194 | -€562 | -74.3% |
| Remuneration, social security and pensions | 62 | €226,905 | €231,945 | +€5,041 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,533 | €109 | -€3,424 | -96.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €191,298 | €143,094 | -€48,204 | -25.2% |
| Operating profit (loss) | 9901 | -€39,527 | -€89,360 | -€49,833 | -126.1% |
| Financial income | 75/76B | €113 | €73 | -€40 | -35.3% |
| Recurring financial income | 75 | €113 | €73 | -€40 | -35.3% |
| Financial charges | 65/66B | €15,538 | €21,176 | +€5,638 | +36.3% |
| Recurring financial charges | 65 | €15,538 | €21,176 | +€5,638 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,952 | -€110,463 | -€55,511 | -101.0% |
| Income taxes | 67/77 | -€8,214 | -€3,704 | +€4,510 | +54.9% |
| Profit (loss) for the period | 9904 | -€46,739 | -€106,759 | -€60,021 | -128.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,739 | -€106,759 | -€60,021 | -128.4% |
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 2 October 2026 via checked.be.