XUFA: 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.
XUFA
Largest movements
- Cash -€26,699
down €26,699 (-33.9%), from €78,705 to €52,007
mainly Debts after one year (-€15,797) and Investment in fixed assets (net) (-€13,305)
- Receivables within one year +€5,242
up €5,242 (+62.3%), from €8,417 to €13,659
of which Other amounts receivable: +€7,871
- Stocks and contracts +€2,551
up €2,551 (+48.6%), from €5,250 to €7,801
- Intangible fixed assets -€2,500
down €2,500 (-15.2%), from €16,425 to €13,925
- Debts after one year -€15,797
down €15,797 (-25.8%), from €61,112 to €45,315
- Tax, wage and social debts -€11,721
down €11,721 (-45.8%), from €25,602 to €13,882
of which Taxes: -€8,315
- Profit (loss) carried forward +€5,913
up €5,913 (+48.2%), from €12,262 to €18,175
- Accrued charges and deferred income +€3,049
new in 2025: €3,049
- Other debts -€2,286
down €2,286 (-16.7%), from €13,729 to €11,442
- Gross operating margin -€50,846
down €50,846 (-38.9%), from €130,790 to €79,944
- Staff costs -€27,332
down €27,332 (-35.3%), from €77,483 to €50,151
- Taxes -€6,733
down €6,733 (-83.4%), from €8,073 to €1,340
- Depreciation +€2,451
up €2,451 (+18.5%), from €13,215 to €15,666
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 | €180,196 | €157,713 | -€22,483 | -12.5% |
| Fixed assets | 21/28 | €83,892 | €81,530 | -€2,361 | -2.8% |
| Intangible fixed assets | 21 | €16,425 | €13,925 | -€2,500 | -15.2% |
| Tangible fixed assets | 22/27 | €67,467 | €67,606 | +€139 | +0.2% |
| Plant, machinery and equipment | 23 | €32,849 | €31,767 | -€1,082 | -3.3% |
| Furniture and vehicles | 24 | €34,617 | €35,838 | +€1,221 | +3.5% |
| Current assets | 29/58 | €96,305 | €76,183 | -€20,122 | -20.9% |
| Stocks and contracts in progress | 3 | €5,250 | €7,801 | +€2,551 | +48.6% |
| Stocks | 30/36 | €5,250 | €7,801 | +€2,551 | +48.6% |
| Amounts receivable within one year | 40/41 | €8,417 | €13,659 | +€5,242 | +62.3% |
| Trade receivables | 40 | €3,619 | €990 | -€2,629 | -72.7% |
| Other amounts receivable | 41 | €4,798 | €12,669 | +€7,871 | +164.0% |
| Cash at bank and in hand | 54/58 | €78,705 | €52,007 | -€26,699 | -33.9% |
| Deferred charges and accrued income | 490/1 | €3,932 | €2,717 | -€1,216 | -30.9% |
| Total equity and liabilities | 10/49 | €180,196 | €157,713 | -€22,483 | -12.5% |
| Equity | 10/15 | €59,995 | €65,908 | +€5,913 | +9.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €27,273 | €27,273 | = | 0.0% |
| Distributable reserves | 133 | €27,273 | €27,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,262 | €18,175 | +€5,913 | +48.2% |
| Amounts payable | 17/49 | €120,202 | €91,805 | -€28,397 | -23.6% |
| Amounts payable after more than one year | 17 | €61,112 | €45,315 | -€15,797 | -25.8% |
| Financial debts | 170/4 | €61,112 | €45,315 | -€15,797 | -25.8% |
| Amounts payable within one year | 42/48 | €59,090 | €43,441 | -€15,649 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €15,036 | €15,797 | +€761 | +5.1% |
| Trade debts | 44 | €4,405 | €2,320 | -€2,085 | -47.3% |
| Suppliers | 440/4 | €4,405 | €2,320 | -€2,085 | -47.3% |
| Advances received on contracts in progress | 46 | €318 | - | -€318 | |
| Taxes, remuneration and social security | 45 | €25,602 | €13,882 | -€11,721 | -45.8% |
| Taxes | 450/3 | €10,157 | €1,842 | -€8,315 | -81.9% |
| Remuneration and social security | 454/9 | €15,446 | €12,040 | -€3,406 | -22.1% |
| Other amounts payable | 47/48 | €13,729 | €11,442 | -€2,286 | -16.7% |
| Accrued charges and deferred income | 492/3 | - | €3,049 | +€3,049 | |
| Remuneration, social security and pensions | 62 | €77,483 | €50,151 | -€27,332 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,215 | €15,666 | +€2,451 | +18.5% |
| Other operating charges | 640/8 | €1,554 | €788 | -€765 | -49.3% |
| Non-recurring operating charges | 66A | - | €1,250 | +€1,250 | |
| Gross operating margin | 9900 | €130,790 | €79,944 | -€50,846 | -38.9% |
| Operating profit (loss) | 9901 | €38,538 | €12,088 | -€26,450 | -68.6% |
| Financial charges | 65/66B | €5,432 | €4,835 | -€597 | -11.0% |
| Recurring financial charges | 65 | €5,432 | €4,835 | -€597 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €33,106 | €7,253 | -€25,852 | -78.1% |
| Income taxes | 67/77 | €8,073 | €1,340 | -€6,733 | -83.4% |
| Profit (loss) for the period | 9904 | €25,033 | €5,913 | -€19,120 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,033 | €5,913 | -€19,120 | -76.4% |
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 5 October 2026 via checked.be.