XPERAVI: what changed
Two fiscal 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.
XPERAVI
Largest movements
- Current investments +€98,960
new in 2025: €98,960
- Receivables within one year -€76,309
down €76,309 (-76.1%), from €100,332 to €24,023
of which Other amounts receivable: -€78,149
- Tangible fixed assets +€25,175
up €25,175 (+276.0%), from €9,123 to €34,298
of which Furniture and vehicles: +€24,762
- Cash -€22,125
down €22,125 (-8.8%), from €250,901 to €228,776
mainly Contributions, distributions and other (-€275,000) and Current investments (-€98,960)
- Reserves -€174,674
down €174,674 (-50.5%), from €345,924 to €171,250
- Other debts +€155,875
new in 2025: €155,875
- Tax, wage and social debts +€44,275
up €44,275 (+524.5%), from €8,441 to €52,716
- Gross operating margin +€17,747
up €17,747 (+14.1%), from €125,603 to €143,351
- Depreciation +€5,192
up €5,192 (+133.0%), from €3,904 to €9,095
- Financial income -€4,482
down €4,482 (-99.8%), from €4,489 to €7
- Taxes +€2,125
up €2,125 (+7.3%), from €28,986 to €31,111
- Financial charges +€2,024
up €2,024 (+1516.8%), from €133 to €2,157
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.
Cash bridge derived
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 | €365,604 | €391,441 | +€25,837 | +7.1% |
| Fixed assets | 21/28 | €9,123 | €34,298 | +€25,175 | +276.0% |
| Tangible fixed assets | 22/27 | €9,123 | €34,298 | +€25,175 | +276.0% |
| Furniture and vehicles | 24 | €3,496 | €28,258 | +€24,762 | +708.2% |
| Other tangible fixed assets | 26 | €5,627 | €6,040 | +€414 | +7.4% |
| Current assets | 29/58 | €356,482 | €357,143 | +€661 | +0.2% |
| Amounts receivable within one year | 40/41 | €100,332 | €24,023 | -€76,309 | -76.1% |
| Trade receivables | 40 | €22,183 | €24,023 | +€1,840 | +8.3% |
| Other amounts receivable | 41 | €78,149 | - | -€78,149 | |
| Current investments | 50/53 | - | €98,960 | +€98,960 | |
| Cash at bank and in hand | 54/58 | €250,901 | €228,776 | -€22,125 | -8.8% |
| Deferred charges and accrued income | 490/1 | €5,248 | €5,384 | +€136 | +2.6% |
| Total equity and liabilities | 10/49 | €365,604 | €391,441 | +€25,837 | +7.1% |
| Equity | 10/15 | €353,424 | €178,750 | -€174,674 | -49.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €345,924 | €171,250 | -€174,674 | -50.5% |
| Distributable reserves | 133 | €345,924 | €171,250 | -€174,674 | -50.5% |
| Amounts payable | 17/49 | €12,181 | €212,691 | +€200,511 | +1646.2% |
| Amounts payable within one year | 42/48 | €11,199 | €212,691 | +€201,493 | +1799.3% |
| Trade debts | 44 | €2,758 | €4,101 | +€1,343 | +48.7% |
| Suppliers | 440/4 | €2,758 | €4,101 | +€1,343 | +48.7% |
| Taxes, remuneration and social security | 45 | €8,441 | €52,716 | +€44,275 | +524.5% |
| Taxes | 450/3 | €8,441 | €52,716 | +€44,275 | +524.5% |
| Other amounts payable | 47/48 | - | €155,875 | +€155,875 | |
| Accrued charges and deferred income | 492/3 | €982 | - | -€982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,904 | €9,095 | +€5,192 | +133.0% |
| Other operating charges | 640/8 | €517 | €669 | +€152 | +29.3% |
| Gross operating margin | 9900 | €125,603 | €143,351 | +€17,747 | +14.1% |
| Operating profit (loss) | 9901 | €121,183 | €133,587 | +€12,404 | +10.2% |
| Financial income | 75/76B | €4,489 | €7 | -€4,482 | -99.8% |
| Recurring financial income | 75 | €4,489 | €7 | -€4,482 | -99.8% |
| Financial charges | 65/66B | €133 | €2,157 | +€2,024 | +1516.8% |
| Recurring financial charges | 65 | €133 | €2,157 | +€2,024 | +1516.8% |
| Profit (loss) for the period before taxes | 9903 | €125,538 | €131,437 | +€5,899 | +4.7% |
| Income taxes | 67/77 | €28,986 | €31,111 | +€2,125 | +7.3% |
| Profit (loss) for the period | 9904 | €96,552 | €100,326 | +€3,774 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,552 | €100,326 | +€3,774 | +3.9% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.