Xinfor: 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.
Xinfor
Largest movements
- Cash -€11,692
down €11,692 (-64.4%), from €18,155 to €6,463
mainly Net result for the year (-€13,054) and Debts after one year (-€5,031)
- Tangible fixed assets -€6,197
down €6,197 (-23.2%), from €26,764 to €20,567
of which Furniture and vehicles: -€6,158
- Profit (loss) carried forward -€13,054
down €13,054 (-150%), from -€8,692 to -€21,746
- Debts after one year -€5,031
down €5,031 (-41.6%), from €12,089 to €7,059
- Other debts +€2,471
up €2,471 (+19.7%), from €12,575 to €15,046
- Tax, wage and social debts -€1,240
down €1,240 (-22.2%), from €5,593 to €4,353
- Trade debts -€851
down €851 (-93.4%), from €911 to €60
- Gross operating margin -€21,779
down €21,779, from €18,605 to -€3,174
- Taxes -€3,712
down €3,712 (-91.7%), from €4,049 to €337
- Depreciation +€1,366
up €1,366 (+23.9%), from €5,714 to €7,080
- Other operating charges -€674
down €674 (-34.9%), from €1,928 to €1,255
- Financial charges +€391
up €391 (+44.0%), from €890 to €1,281
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 | €47,743 | €30,255 | -€17,489 | -36.6% |
| Fixed assets | 21/28 | €29,321 | €23,123 | -€6,197 | -21.1% |
| Tangible fixed assets | 22/27 | €26,764 | €20,567 | -€6,197 | -23.2% |
| Plant, machinery and equipment | 23 | €1,023 | €983 | -€40 | -3.9% |
| Furniture and vehicles | 24 | €25,741 | €19,584 | -€6,158 | -23.9% |
| Financial fixed assets | 28 | €2,556 | €2,556 | = | 0.0% |
| Current assets | 29/58 | €18,423 | €7,131 | -€11,292 | -61.3% |
| Amounts receivable within one year | 40/41 | €268 | €669 | +€400 | +149% |
| Other amounts receivable | 41 | €268 | €669 | +€400 | +149% |
| Cash at bank and in hand | 54/58 | €18,155 | €6,463 | -€11,692 | -64.4% |
| Total equity and liabilities | 10/49 | €47,743 | €30,255 | -€17,489 | -36.6% |
| Equity | 10/15 | €11,759 | -€1,295 | -€13,054 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,692 | -€21,746 | -€13,054 | -150% |
| Amounts payable | 17/49 | €35,984 | €31,549 | -€4,435 | -12.3% |
| Amounts payable after more than one year | 17 | €12,089 | €7,059 | -€5,031 | -41.6% |
| Financial debts | 170/4 | €12,089 | €7,059 | -€5,031 | -41.6% |
| Amounts payable within one year | 42/48 | €23,895 | €24,490 | +€596 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €4,815 | €5,031 | +€215 | +4.5% |
| Trade debts | 44 | €911 | €60 | -€851 | -93.4% |
| Suppliers | 440/4 | €911 | €60 | -€851 | -93.4% |
| Taxes, remuneration and social security | 45 | €5,593 | €4,353 | -€1,240 | -22.2% |
| Taxes | 450/3 | €5,593 | €4,353 | -€1,240 | -22.2% |
| Other amounts payable | 47/48 | €12,575 | €15,046 | +€2,471 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €7,080 | +€1,366 | +23.9% |
| Other operating charges | 640/8 | €1,928 | €1,255 | -€674 | -34.9% |
| Gross operating margin | 9900 | €18,605 | -€3,174 | -€21,779 | |
| Operating profit (loss) | 9901 | €10,963 | -€11,509 | -€22,471 | |
| Financial income | 75/76B | €58 | €73 | +€15 | +25.2% |
| Recurring financial income | 75 | €58 | €73 | +€15 | +25.2% |
| Financial charges | 65/66B | €890 | €1,281 | +€391 | +44.0% |
| Recurring financial charges | 65 | €890 | €1,281 | +€391 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €10,131 | -€12,717 | -€22,848 | |
| Income taxes | 67/77 | €4,049 | €337 | -€3,712 | -91.7% |
| Profit (loss) for the period | 9904 | €6,082 | -€13,054 | -€19,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,082 | -€13,054 | -€19,136 |
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 16 October 2026 via checked.be.