XUNEX: 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.
XUNEX
Largest movements
- Cash +€114,456
up €114,456 (+2,778%), from €4,120 to €118,576
mainly Debts after one year (+€86,702) and Net result for the year (+€53,746)
- Receivables within one year -€48,432
down €48,432 (-67.5%), from €71,738 to €23,307
of which Trade receivables: -€39,933
- Tangible fixed assets -€31,573
down €31,573 (-10.1%), from €312,177 to €280,604
- Other debts -€112,416
no longer reported in 2025 (was €112,416)
- Debts after one year +€86,702
up €86,702 (+73.2%), from €118,398 to €205,101
of which Other amounts payable: +€109,869
- Profit (loss) carried forward +€52,100
up €52,100, from -€43,233 to €8,867
- Advances received -€26,795
no longer reported in 2025 (was €26,795)
- Trade debts +€23,490
up €23,490 (+24.2%), from €96,878 to €120,368
- Gross operating margin +€41,737
up €41,737 (+99.9%), from €41,759 to €83,496
- Financial charges +€3,480
up €3,480 (+53.3%), from €6,526 to €10,005
- Financial income +€3,345
up €3,345 (+27.9%), from €12,000 to €15,345
of which Financial income: +€3,345
- Depreciation +€863
up €863 (+2.7%), from €31,536 to €32,399
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 | €388,036 | €422,487 | +€34,451 | +8.9% |
| Fixed assets | 21/28 | €312,177 | €280,604 | -€31,573 | -10.1% |
| Tangible fixed assets | 22/27 | €312,177 | €280,604 | -€31,573 | -10.1% |
| Land and buildings | 22 | €229,328 | €223,056 | -€6,272 | -2.7% |
| Plant, machinery and equipment | 23 | €49,375 | €33,966 | -€15,408 | -31.2% |
| Furniture and vehicles | 24 | €33,474 | €23,581 | -€9,893 | -29.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €75,858 | €141,883 | +€66,024 | +87.0% |
| Amounts receivable within one year | 40/41 | €71,738 | €23,307 | -€48,432 | -67.5% |
| Trade receivables | 40 | €63,239 | €23,307 | -€39,933 | -63.1% |
| Other amounts receivable | 41 | €8,499 | - | -€8,499 | |
| Cash at bank and in hand | 54/58 | €4,120 | €118,576 | +€114,456 | +2,778% |
| Total equity and liabilities | 10/49 | €388,036 | €422,487 | +€34,451 | +8.9% |
| Equity | 10/15 | -€22,459 | €29,641 | +€52,100 | |
| Contributions | 10/11 | €18,914 | €18,914 | = | 0.0% |
| Capital | 10 | €18,914 | €18,914 | = | 0.0% |
| Issued capital | 100 | €18,914 | €18,914 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,233 | €8,867 | +€52,100 | |
| Amounts payable | 17/49 | €410,495 | €392,846 | -€17,649 | -4.3% |
| Amounts payable after more than one year | 17 | €118,398 | €205,101 | +€86,702 | +73.2% |
| Financial debts | 170/4 | €118,398 | €95,232 | -€23,166 | -19.6% |
| Other amounts payable | 178/9 | - | €109,869 | +€109,869 | |
| Amounts payable within one year | 42/48 | €291,210 | €187,746 | -€103,464 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €23,166 | €23,166 | = | 0.0% |
| Trade debts | 44 | €96,878 | €120,368 | +€23,490 | +24.2% |
| Suppliers | 440/4 | €96,878 | €120,368 | +€23,490 | +24.2% |
| Advances received on contracts in progress | 46 | €26,795 | - | -€26,795 | |
| Taxes, remuneration and social security | 45 | €31,955 | €44,211 | +€12,256 | +38.4% |
| Taxes | 450/3 | €6,532 | €7,989 | +€1,456 | +22.3% |
| Remuneration and social security | 454/9 | €25,423 | €36,223 | +€10,800 | +42.5% |
| Other amounts payable | 47/48 | €112,416 | - | -€112,416 | |
| Accrued charges and deferred income | 492/3 | €887 | - | -€887 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,536 | €32,399 | +€863 | +2.7% |
| Other operating charges | 640/8 | €2,058 | €2,691 | +€633 | +30.7% |
| Gross operating margin | 9900 | €41,759 | €83,496 | +€41,737 | +99.9% |
| Operating profit (loss) | 9901 | €8,165 | €48,406 | +€40,241 | +493% |
| Financial income | 75/76B | €12,000 | €15,345 | +€3,345 | +27.9% |
| Recurring financial income | 75 | €12,000 | €15,345 | +€3,345 | +27.9% |
| Non-recurring financial income | 76B | €12,000 | €15,345 | +€3,345 | +27.9% |
| Financial charges | 65/66B | €6,526 | €10,005 | +€3,480 | +53.3% |
| Recurring financial charges | 65 | €6,526 | €10,005 | +€3,480 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €13,639 | €53,746 | +€40,107 | +294% |
| Profit (loss) for the period | 9904 | €13,639 | €53,746 | +€40,107 | +294% |
| Profit (loss) for the period to be appropriated | 9905 | €13,639 | €53,746 | +€40,107 | +294% |
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 14 October 2026 via checked.be.