Xumex: 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.
Xumex
Largest movements
- Current investments +€62,982
up €62,982 (+656.7%), from €9,590 to €72,572
- Cash +€37,428
up €37,428 (+41.9%), from €89,413 to €126,842
mainly Net result for the year (+€114,493) and Other debts (+€25,530)
- Tangible fixed assets -€15,812
down €15,812 (-21.4%), from €74,026 to €58,214
of which Furniture and vehicles: -€11,728
- Receivables within one year +€11,693
up €11,693 (+29.8%), from €39,244 to €50,938
of which Trade receivables: +€21,307
- Deferred charges and accrued income +€4,450
up €4,450 (+391.3%), from €1,137 to €5,587
- Reserves +€67,493
up €67,493 (+39.2%), from €171,966 to €239,459
- Other debts +€25,530
up €25,530 (+255.3%), from €10,000 to €35,530
- Accrued charges and deferred income +€6,699
up €6,699 (+96.7%), from €6,930 to €13,629
- Gross operating margin +€42,316
up €42,316 (+30.4%), from €139,038 to €181,354
- Taxes +€14,552
up €14,552 (+43.4%), from €33,517 to €48,069
- Depreciation +€2,035
up €2,035 (+11.4%), from €17,812 to €19,847
- Financial income +€1,856
up €1,856 (+322.8%), from €575 to €2,431
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 | €213,411 | €315,770 | +€102,359 | +48.0% |
| Fixed assets | 21/28 | €74,026 | €59,831 | -€14,195 | -19.2% |
| Intangible fixed assets | 21 | - | €1,618 | +€1,618 | |
| Tangible fixed assets | 22/27 | €74,026 | €58,214 | -€15,812 | -21.4% |
| Plant, machinery and equipment | 23 | €48,979 | €44,894 | -€4,085 | -8.3% |
| Furniture and vehicles | 24 | €25,047 | €13,319 | -€11,728 | -46.8% |
| Current assets | 29/58 | €139,385 | €255,939 | +€116,554 | +83.6% |
| Amounts receivable within one year | 40/41 | €39,244 | €50,938 | +€11,693 | +29.8% |
| Trade receivables | 40 | €20,673 | €41,981 | +€21,307 | +103.1% |
| Other amounts receivable | 41 | €18,571 | €8,957 | -€9,614 | -51.8% |
| Current investments | 50/53 | €9,590 | €72,572 | +€62,982 | +656.7% |
| Cash at bank and in hand | 54/58 | €89,413 | €126,842 | +€37,428 | +41.9% |
| Deferred charges and accrued income | 490/1 | €1,137 | €5,587 | +€4,450 | +391.3% |
| Total equity and liabilities | 10/49 | €213,411 | €315,770 | +€102,359 | +48.0% |
| Equity | 10/15 | €172,966 | €240,459 | +€67,493 | +39.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €171,966 | €239,459 | +€67,493 | +39.2% |
| Distributable reserves | 133 | €171,966 | €239,459 | +€67,493 | +39.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,445 | €75,312 | +€34,866 | +86.2% |
| Amounts payable within one year | 42/48 | €33,515 | €61,683 | +€28,168 | +84.0% |
| Trade debts | 44 | €5,434 | €7,382 | +€1,948 | +35.9% |
| Suppliers | 440/4 | €5,434 | €6,557 | +€1,123 | +20.7% |
| Bills of exchange payable | 441 | - | €825 | +€825 | |
| Taxes, remuneration and social security | 45 | €18,082 | €18,771 | +€690 | +3.8% |
| Taxes | 450/3 | €18,082 | €18,771 | +€690 | +3.8% |
| Other amounts payable | 47/48 | €10,000 | €35,530 | +€25,530 | +255.3% |
| Accrued charges and deferred income | 492/3 | €6,930 | €13,629 | +€6,699 | +96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,812 | €19,847 | +€2,035 | +11.4% |
| Other operating charges | 640/8 | €418 | €316 | -€102 | -24.3% |
| Gross operating margin | 9900 | €139,038 | €181,354 | +€42,316 | +30.4% |
| Operating profit (loss) | 9901 | €120,809 | €161,191 | +€40,383 | +33.4% |
| Financial income | 75/76B | €575 | €2,431 | +€1,856 | +322.8% |
| Recurring financial income | 75 | €575 | €2,431 | +€1,856 | +322.8% |
| Financial charges | 65/66B | €602 | €1,060 | +€458 | +76.0% |
| Recurring financial charges | 65 | €602 | €1,060 | +€458 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €120,781 | €162,562 | +€41,781 | +34.6% |
| Income taxes | 67/77 | €33,517 | €48,069 | +€14,552 | +43.4% |
| Profit (loss) for the period | 9904 | €87,264 | €114,493 | +€27,229 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,264 | €114,493 | +€27,229 | +31.2% |
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 10 October 2026 via checked.be.