XINE: 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.
XINE
Largest movements
- Cash +€45,228
up €45,228 (+56.8%), from €79,641 to €124,868
mainly Net result for the year (+€35,179) and Receivables within one year (+€19,431)
- Receivables within one year -€19,431
down €19,431 (-73.1%), from €26,593 to €7,162
of which Trade receivables: -€18,061
- Current investments +€10,000
up €10,000 (+60.1%), from €16,641 to €26,641
- Tangible fixed assets -€2,889
down €2,889 (-30.9%), from €9,356 to €6,467
- Reserves +€35,179
up €35,179 (+34.4%), from €102,363 to €137,543
- Tax, wage and social debts -€18,751
down €18,751 (-79.6%), from €23,552 to €4,801
- Trade debts +€16,479
up €16,479 (+711.6%), from €2,316 to €18,795
- Taxes +€2,172
up €2,172 (+14.5%), from €15,007 to €17,179
- Gross operating margin -€1,154
down €1,154 (-2.0%), from €57,167 to €56,013
- Other operating charges +€654
new in 2025: €654
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 | €132,231 | €165,139 | +€32,908 | +24.9% |
| Fixed assets | 21/28 | €9,356 | €6,467 | -€2,889 | -30.9% |
| Tangible fixed assets | 22/27 | €9,356 | €6,467 | -€2,889 | -30.9% |
| Furniture and vehicles | 24 | €9,356 | €6,467 | -€2,889 | -30.9% |
| Current assets | 29/58 | €122,875 | €158,671 | +€35,797 | +29.1% |
| Amounts receivable within one year | 40/41 | €26,593 | €7,162 | -€19,431 | -73.1% |
| Trade receivables | 40 | €25,205 | €7,144 | -€18,061 | -71.7% |
| Other amounts receivable | 41 | €1,388 | €19 | -€1,370 | -98.7% |
| Current investments | 50/53 | €16,641 | €26,641 | +€10,000 | +60.1% |
| Cash at bank and in hand | 54/58 | €79,641 | €124,868 | +€45,228 | +56.8% |
| Total equity and liabilities | 10/49 | €132,231 | €165,139 | +€32,908 | +24.9% |
| Equity | 10/15 | €106,363 | €141,543 | +€35,179 | +33.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €102,363 | €137,543 | +€35,179 | +34.4% |
| Distributable reserves | 133 | €102,363 | €137,543 | +€35,179 | +34.4% |
| Amounts payable | 17/49 | €25,868 | €23,596 | -€2,272 | -8.8% |
| Amounts payable within one year | 42/48 | €25,868 | €23,596 | -€2,272 | -8.8% |
| Trade debts | 44 | €2,316 | €18,795 | +€16,479 | +711.6% |
| Suppliers | 440/4 | €2,316 | €18,795 | +€16,479 | +711.6% |
| Taxes, remuneration and social security | 45 | €23,552 | €4,801 | -€18,751 | -79.6% |
| Taxes | 450/3 | €23,552 | €4,801 | -€18,751 | -79.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,627 | €2,889 | +€262 | +10.0% |
| Other operating charges | 640/8 | - | €654 | +€654 | |
| Gross operating margin | 9900 | €57,167 | €56,013 | -€1,154 | -2.0% |
| Operating profit (loss) | 9901 | €54,540 | €52,470 | -€2,070 | -3.8% |
| Financial charges | 65/66B | €153 | €111 | -€42 | -27.2% |
| Recurring financial charges | 65 | €153 | €111 | -€42 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €54,387 | €52,359 | -€2,028 | -3.7% |
| Income taxes | 67/77 | €15,007 | €17,179 | +€2,172 | +14.5% |
| Profit (loss) for the period | 9904 | €39,380 | €35,179 | -€4,200 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,380 | €35,179 | -€4,200 | -10.7% |
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.