XMJ Management: 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.
XMJ Management
Largest movements
- Cash -€41,795
down €41,795 (-78.7%), from €53,124 to €11,329
mainly Net result for the year (-€56,415) and Tax, wage and social debts (-€6,364)
- Receivables within one year +€919
up €919 (+6.3%), from €14,645 to €15,564
of which Trade receivables: +€15,428
- Profit (loss) carried forward -€56,415
down €56,415, from €1,763 to -€54,652
- Other debts +€24,776
up €24,776 (+62.5%), from €39,669 to €64,444
- Tax, wage and social debts -€6,364
down €6,364 (-97.0%), from €6,564 to €200
- Trade debts -€2,277
down €2,277 (-98.8%), from €2,305 to €28
- Gross operating margin -€104,983
down €104,983, from €50,558 to -€54,425
- Taxes -€10,785
down €10,785 (-99.0%), from €10,899 to €114
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 | €70,301 | €30,021 | -€40,280 | -57.3% |
| Fixed assets | 21/28 | €1,479 | €1,672 | +€194 | +13.1% |
| Tangible fixed assets | 22/27 | €1,253 | €1,447 | +€194 | +15.5% |
| Furniture and vehicles | 24 | €1,253 | €1,447 | +€194 | +15.5% |
| Financial fixed assets | 28 | €226 | €226 | = | 0.0% |
| Current assets | 29/58 | €68,822 | €28,349 | -€40,474 | -58.8% |
| Amounts receivable within one year | 40/41 | €14,645 | €15,564 | +€919 | +6.3% |
| Trade receivables | 40 | - | €15,428 | +€15,428 | |
| Other amounts receivable | 41 | €14,645 | €136 | -€14,509 | -99.1% |
| Cash at bank and in hand | 54/58 | €53,124 | €11,329 | -€41,795 | -78.7% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,456 | +€403 | +38.3% |
| Total equity and liabilities | 10/49 | €70,301 | €30,021 | -€40,280 | -57.3% |
| Equity | 10/15 | €21,763 | -€34,652 | -€56,415 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,763 | -€54,652 | -€56,415 | |
| Amounts payable | 17/49 | €48,538 | €64,673 | +€16,135 | +33.2% |
| Amounts payable within one year | 42/48 | €48,538 | €64,673 | +€16,135 | +33.2% |
| Trade debts | 44 | €2,305 | €28 | -€2,277 | -98.8% |
| Suppliers | 440/4 | €2,305 | €28 | -€2,277 | -98.8% |
| Taxes, remuneration and social security | 45 | €6,564 | €200 | -€6,364 | -97.0% |
| Taxes | 450/3 | €6,564 | €200 | -€6,364 | -97.0% |
| Other amounts payable | 47/48 | €39,669 | €64,444 | +€24,776 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €805 | +€105 | +15.0% |
| Other operating charges | 640/8 | €725 | €910 | +€185 | +25.5% |
| Gross operating margin | 9900 | €50,558 | -€54,425 | -€104,983 | |
| Operating profit (loss) | 9901 | €49,132 | -€56,141 | -€105,272 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €169 | €165 | -€4 | -2.2% |
| Recurring financial charges | 65 | €169 | €165 | -€4 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €48,963 | -€56,301 | -€105,264 | |
| Income taxes | 67/77 | €10,899 | €114 | -€10,785 | -99.0% |
| Profit (loss) for the period | 9904 | €38,063 | -€56,415 | -€94,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,063 | -€56,415 | -€94,478 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.