XJEGA MODA: 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.
XJEGA MODA
Largest movements
- Tangible fixed assets -€26,138
down €26,138 (-33.4%), from €78,215 to €52,077
of which Leasing and similar rights: -€19,535
- Receivables within one year +€5,922
up €5,922 (+267%), from €2,217 to €8,139
of which Trade receivables: +€6,343
- Cash +€2,998
up €2,998 (+43.2%), from €6,940 to €9,939
mainly Depreciation (+€26,971) and Net result for the year (+€6,408)
- Stocks and contracts -€1,345
down €1,345 (-4.8%), from €27,840 to €26,495
- Trade debts -€11,919
down €11,919 (-38.0%), from €31,343 to €19,424
- Other debts -€7,241
down €7,241 (-1.9%), from €373,312 to €366,071
- Tax, wage and social debts -€6,644
down €6,644 (-14.9%), from €44,680 to €38,036
of which Remuneration and social security: -€7,098
- Profit (loss) carried forward +€6,408
up €6,408 (+1.7%), from -€369,863 to -€363,455
- Gross operating margin +€43,293
up €43,293 (+11.5%), from €375,681 to €418,974
- Staff costs +€19,056
up €19,056 (+5.2%), from €363,488 to €382,545
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 | €134,248 | €114,852 | -€19,396 | -14.4% |
| Fixed assets | 21/28 | €94,451 | €67,479 | -€26,971 | -28.6% |
| Intangible fixed assets | 21 | €4,167 | €3,334 | -€833 | -20.0% |
| Tangible fixed assets | 22/27 | €78,215 | €52,077 | -€26,138 | -33.4% |
| Plant, machinery and equipment | 23 | €17,153 | €10,549 | -€6,603 | -38.5% |
| Leasing and similar rights | 25 | €61,063 | €41,528 | -€19,535 | -32.0% |
| Financial fixed assets | 28 | €12,068 | €12,068 | = | 0.0% |
| Current assets | 29/58 | €39,797 | €47,372 | +€7,575 | +19.0% |
| Stocks and contracts in progress | 3 | €27,840 | €26,495 | -€1,345 | -4.8% |
| Stocks | 30/36 | €27,840 | €26,495 | -€1,345 | -4.8% |
| Amounts receivable within one year | 40/41 | €2,217 | €8,139 | +€5,922 | +267% |
| Trade receivables | 40 | €569 | €6,913 | +€6,343 | +1,115% |
| Other amounts receivable | 41 | €1,648 | €1,226 | -€422 | -25.6% |
| Cash at bank and in hand | 54/58 | €6,940 | €9,939 | +€2,998 | +43.2% |
| Deferred charges and accrued income | 490/1 | €2,800 | €2,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €134,248 | €114,852 | -€19,396 | -14.4% |
| Equity | 10/15 | -€319,463 | -€313,055 | +€6,408 | +2.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€369,863 | -€363,455 | +€6,408 | +1.7% |
| Amounts payable | 17/49 | €453,711 | €427,907 | -€25,804 | -5.7% |
| Amounts payable within one year | 42/48 | €453,711 | €427,907 | -€25,804 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €4,376 | €4,376 | -€0 | 0.0% |
| Trade debts | 44 | €31,343 | €19,424 | -€11,919 | -38.0% |
| Suppliers | 440/4 | €31,343 | €19,424 | -€11,919 | -38.0% |
| Taxes, remuneration and social security | 45 | €44,680 | €38,036 | -€6,644 | -14.9% |
| Taxes | 450/3 | €5,333 | €5,788 | +€455 | +8.5% |
| Remuneration and social security | 454/9 | €39,346 | €32,248 | -€7,098 | -18.0% |
| Other amounts payable | 47/48 | €373,312 | €366,071 | -€7,241 | -1.9% |
| Remuneration, social security and pensions | 62 | €363,488 | €382,545 | +€19,056 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,514 | €26,971 | -€543 | -2.0% |
| Other operating charges | 640/8 | €1,588 | €400 | -€1,188 | -74.8% |
| Gross operating margin | 9900 | €375,681 | €418,974 | +€43,293 | +11.5% |
| Operating profit (loss) | 9901 | -€16,909 | €9,058 | +€25,968 | |
| Financial income | 75/76B | €11 | €21 | +€10 | +84.9% |
| Recurring financial income | 75 | €11 | €21 | +€10 | +84.9% |
| Financial charges | 65/66B | €3,814 | €2,672 | -€1,142 | -30.0% |
| Recurring financial charges | 65 | €3,814 | €2,672 | -€1,142 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,712 | €6,408 | +€27,120 | |
| Profit (loss) for the period | 9904 | -€20,712 | €6,408 | +€27,120 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,712 | €6,408 | +€27,120 |
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 29 October 2026 via checked.be.