Xirius Public: 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.
Xirius Public
Largest movements
- Receivables within one year -€264,738
down €264,738 (-21.9%), from €1.2m to €943,287
of which Trade receivables: -€289,325
- Cash +€103,682
up €103,682 (+29.0%), from €357,714 to €461,396
mainly Receivables within one year (+€264,738) and Depreciation (+€35,064)
- Tangible fixed assets -€35,064
down €35,064 (-12.8%), from €274,417 to €239,353
of which Other tangible fixed assets: -€27,315
- Debts after one year -€105,984
down €105,984 (-29.0%), from €365,290 to €259,306
of which Other amounts payable: -€53,467
- Trade debts -€89,396
down €89,396 (-5.8%), from €1.6m to €1.5m
- Other debts -€26,535
down €26,535 (-47.1%), from €56,315 to €29,781
- Profit (loss) carried forward +€24,172
up €24,172 (+169%), from €14,318 to €38,490
- Gross operating margin +€43,249
up €43,249 (+49.0%), from €88,254 to €131,503
- Taxes +€10,012
up €10,012 (+3,545%), from €282 to €10,295
- Staff costs +€6,323
up €6,323 (+12.4%), from €50,849 to €57,172
- Depreciation +€2,495
up €2,495 (+7.7%), from €32,569 to €35,064
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,100,013 | €1,907,437 | -€192,575 | -9.2% |
| Fixed assets | 21/28 | €533,356 | €498,292 | -€35,064 | -6.6% |
| Tangible fixed assets | 22/27 | €274,417 | €239,353 | -€35,064 | -12.8% |
| Plant, machinery and equipment | 23 | €29,386 | €22,666 | -€6,719 | -22.9% |
| Furniture and vehicles | 24 | €1,030 | - | -€1,030 | |
| Other tangible fixed assets | 26 | €244,001 | €216,686 | -€27,315 | -11.2% |
| Financial fixed assets | 28 | €258,939 | €258,939 | = | 0.0% |
| Current assets | 29/58 | €1,566,657 | €1,409,145 | -€157,511 | -10.1% |
| Amounts receivable within one year | 40/41 | €1,208,025 | €943,287 | -€264,738 | -21.9% |
| Trade receivables | 40 | €1,028,717 | €739,392 | -€289,325 | -28.1% |
| Other amounts receivable | 41 | €179,308 | €203,895 | +€24,587 | +13.7% |
| Current investments | 50/53 | €917 | €4,462 | +€3,545 | +386% |
| Cash at bank and in hand | 54/58 | €357,714 | €461,396 | +€103,682 | +29.0% |
| Total equity and liabilities | 10/49 | €2,100,013 | €1,907,437 | -€192,575 | -9.2% |
| Equity | 10/15 | €35,687 | €59,859 | +€24,172 | +67.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,776 | €2,776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,776 | €2,776 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,776 | €2,776 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,318 | €38,490 | +€24,172 | +169% |
| Amounts payable | 17/49 | €2,064,326 | €1,847,579 | -€216,747 | -10.5% |
| Amounts payable after more than one year | 17 | €365,290 | €259,306 | -€105,984 | -29.0% |
| Financial debts | 170/4 | €151,419 | €98,903 | -€52,517 | -34.7% |
| Other amounts payable | 178/9 | €213,870 | €160,403 | -€53,467 | -25.0% |
| Amounts payable within one year | 42/48 | €1,699,036 | €1,588,273 | -€110,763 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €51,521 | €52,517 | +€996 | +1.9% |
| Trade debts | 44 | €1,554,574 | €1,465,178 | -€89,396 | -5.8% |
| Suppliers | 440/4 | €1,554,574 | €1,465,178 | -€89,396 | -5.8% |
| Taxes, remuneration and social security | 45 | €36,626 | €40,798 | +€4,172 | +11.4% |
| Taxes | 450/3 | €29,783 | €33,088 | +€3,305 | +11.1% |
| Remuneration and social security | 454/9 | €6,843 | €7,710 | +€867 | +12.7% |
| Other amounts payable | 47/48 | €56,315 | €29,781 | -€26,535 | -47.1% |
| Remuneration, social security and pensions | 62 | €50,849 | €57,172 | +€6,323 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,569 | €35,064 | +€2,495 | +7.7% |
| Other operating charges | 640/8 | €1,092 | €1,073 | -€19 | -1.7% |
| Gross operating margin | 9900 | €88,254 | €131,503 | +€43,249 | +49.0% |
| Operating profit (loss) | 9901 | €3,744 | €38,194 | +€34,450 | +920% |
| Financial income | 75/76B | €42 | €3 | -€39 | -92.6% |
| Recurring financial income | 75 | €42 | €3 | -€39 | -92.6% |
| Financial charges | 65/66B | €4,914 | €3,730 | -€1,183 | -24.1% |
| Recurring financial charges | 65 | €4,914 | €3,730 | -€1,183 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,128 | €34,467 | +€35,594 | |
| Income taxes | 67/77 | €282 | €10,295 | +€10,012 | +3,545% |
| Profit (loss) for the period | 9904 | -€1,410 | €24,172 | +€25,582 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,410 | €24,172 | +€25,582 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.