Xinos: 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.
Xinos
Largest movements
- Tangible fixed assets +€112,283
up €112,283 (+49.9%), from €225,051 to €337,334
of which Furniture and vehicles: +€118,264
- Receivables within one year +€32,094
up €32,094 (+6.6%), from €487,081 to €519,175
of which Other amounts receivable: +€29,400
- Reserves +€146,076
up €146,076 (+79.9%), from €182,909 to €328,986
- Other debts -€139,574
down €139,574 (-96.2%), from €145,087 to €5,513
- Debts after one year +€89,370
new in 2025: €89,370
- Accrued charges and deferred income +€76,053
up €76,053 (+2,833%), from €2,685 to €78,738
- Trade debts -€66,152
down €66,152 (-80.8%), from €81,840 to €15,688
- Gross operating margin +€18,476
up €18,476 (+7.6%), from €244,265 to €262,741
- Financial income -€8,158
down €8,158 (-48.1%), from €16,976 to €8,818
- Financial charges -€5,426
down €5,426 (-39.0%), from €13,927 to €8,502
- Depreciation +€4,603
up €4,603 (+49.2%), from €9,349 to €13,952
- Taxes +€2,884
up €2,884 (+3.8%), from €76,854 to €79,738
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 | €728,729 | €868,383 | +€139,655 | +19.2% |
| Fixed assets | 21/28 | €225,051 | €337,334 | +€112,283 | +49.9% |
| Tangible fixed assets | 22/27 | €225,051 | €337,334 | +€112,283 | +49.9% |
| Land and buildings | 22 | €218,965 | €210,555 | -€8,410 | -3.8% |
| Plant, machinery and equipment | 23 | - | €2,429 | +€2,429 | |
| Furniture and vehicles | 24 | €636 | €118,900 | +€118,264 | +18,590% |
| Other tangible fixed assets | 26 | €5,450 | €5,450 | = | 0.0% |
| Current assets | 29/58 | €503,678 | €531,049 | +€27,372 | +5.4% |
| Amounts receivable within one year | 40/41 | €487,081 | €519,175 | +€32,094 | +6.6% |
| Trade receivables | 40 | €40,838 | €43,532 | +€2,694 | +6.6% |
| Other amounts receivable | 41 | €446,243 | €475,643 | +€29,400 | +6.6% |
| Cash at bank and in hand | 54/58 | €7,165 | €3,550 | -€3,615 | -50.5% |
| Deferred charges and accrued income | 490/1 | €9,432 | €8,324 | -€1,108 | -11.7% |
| Total equity and liabilities | 10/49 | €728,729 | €868,383 | +€139,655 | +19.2% |
| Equity | 10/15 | €461,922 | €607,998 | +€146,076 | +31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,909 | €328,986 | +€146,076 | +79.9% |
| Distributable reserves | 133 | €182,909 | €328,986 | +€146,076 | +79.9% |
| Profit (loss) carried forward | 14 | €272,812 | €272,812 | = | 0.0% |
| Amounts payable | 17/49 | €266,807 | €260,386 | -€6,422 | -2.4% |
| Amounts payable after more than one year | 17 | - | €89,370 | +€89,370 | |
| Financial debts | 170/4 | - | €89,370 | +€89,370 | |
| Amounts payable within one year | 42/48 | €264,122 | €92,278 | -€171,844 | -65.1% |
| Current portion of amounts payable after more than one year | 42 | - | €20,920 | +€20,920 | |
| Financial debts | 43 | €17,658 | €13,481 | -€4,177 | -23.7% |
| Credit institutions | 430/8 | €17,658 | €13,481 | -€4,177 | -23.7% |
| Trade debts | 44 | €81,840 | €15,688 | -€66,152 | -80.8% |
| Suppliers | 440/4 | €81,840 | €15,688 | -€66,152 | -80.8% |
| Taxes, remuneration and social security | 45 | €19,537 | €36,676 | +€17,139 | +87.7% |
| Taxes | 450/3 | €19,537 | €36,676 | +€17,139 | +87.7% |
| Other amounts payable | 47/48 | €145,087 | €5,513 | -€139,574 | -96.2% |
| Accrued charges and deferred income | 492/3 | €2,685 | €78,738 | +€76,053 | +2,833% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,349 | €13,952 | +€4,603 | +49.2% |
| Other operating charges | 640/8 | €2,602 | €2,462 | -€140 | -5.4% |
| Non-recurring operating charges | 66A | €0 | €829 | +€829 | |
| Gross operating margin | 9900 | €244,265 | €262,741 | +€18,476 | +7.6% |
| Operating profit (loss) | 9901 | €232,314 | €245,498 | +€13,184 | +5.7% |
| Financial income | 75/76B | €16,976 | €8,818 | -€8,158 | -48.1% |
| Recurring financial income | 75 | €16,976 | €8,818 | -€8,158 | -48.1% |
| Financial charges | 65/66B | €13,927 | €8,502 | -€5,426 | -39.0% |
| Recurring financial charges | 65 | €13,927 | €8,502 | -€5,426 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €235,363 | €245,814 | +€10,451 | +4.4% |
| Income taxes | 67/77 | €76,854 | €79,738 | +€2,884 | +3.8% |
| Profit (loss) for the period | 9904 | €158,509 | €166,076 | +€7,567 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €158,509 | €166,076 | +€7,567 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.