CXSmgt: 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.
What changed
CXSmgt
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€81,375
2024 · €81,218+€156
Equity
€115,589
2024 · €115,589
Cash
€71,296
2024 · €73,401-€2,105
Balance sheet total
€223,069
2024 · €225,093-€2,024
Largest movements
Assets
- Tangible fixed assets -€3,418
down €3,418 (-50.6%), from €6,751 to €3,333
Equity and liabilities
- Trade debts -€2,581
down €2,581 (-78.5%), from €3,287 to €706
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€81,218
Gross operating margin
-€539
Staff costs
-€27
Depreciation
+€314
Other operating charges
-€182
Financial income
+€333
Financial charges
+€182
Taxes
+€75
Result 2025
€81,375
raises the resultlowers the result
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.
From operations
+€81,009
Investment
-€1,740
Financing
-€81,375
Cash 2024
€73,401
From operations (derived)
+€81,009
Net result for the year
+€81,375
Depreciation
+€3,418
Receivables within one year
-€1,621
Deferred charges and accrued income
-€138
Trade debts
-€2,581
Tax, wage and social debts
+€233
Other debts
+€738
Accrued charges and deferred income
-€415
Investment (derived)
-€1,740
Current investments
-€1,740
Financing
-€81,375
Contributions, distributions and other
-€81,375
Cash 2025
€71,296
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,093 | €223,069 | -€2,024 | -0.9% |
| Fixed assets | 21/28 | €6,751 | €3,333 | -€3,418 | -50.6% |
| Tangible fixed assets | 22/27 | €6,751 | €3,333 | -€3,418 | -50.6% |
| Furniture and vehicles | 24 | €6,751 | €3,333 | -€3,418 | -50.6% |
| Current assets | 29/58 | €218,342 | €219,736 | +€1,394 | +0.6% |
| Amounts receivable within one year | 40/41 | €41,857 | €43,478 | +€1,621 | +3.9% |
| Trade receivables | 40 | €39,545 | €41,500 | +€1,955 | +4.9% |
| Other amounts receivable | 41 | €2,312 | €1,979 | -€334 | -14.4% |
| Current investments | 50/53 | €101,048 | €102,787 | +€1,740 | +1.7% |
| Cash at bank and in hand | 54/58 | €73,401 | €71,296 | -€2,105 | -2.9% |
| Deferred charges and accrued income | 490/1 | €2,036 | €2,175 | +€138 | +6.8% |
| Total equity and liabilities | 10/49 | €225,093 | €223,069 | -€2,024 | -0.9% |
| Equity | 10/15 | €115,589 | €115,589 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,989 | €96,989 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €326 | €326 | = | 0.0% |
| Distributable reserves | 133 | €96,663 | €96,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,504 | €107,480 | -€2,024 | -1.8% |
| Amounts payable within one year | 42/48 | €108,089 | €106,480 | -€1,609 | -1.5% |
| Trade debts | 44 | €3,287 | €706 | -€2,581 | -78.5% |
| Suppliers | 440/4 | €3,287 | €706 | -€2,581 | -78.5% |
| Taxes, remuneration and social security | 45 | €12,573 | €12,806 | +€233 | +1.9% |
| Taxes | 450/3 | €12,573 | €12,806 | +€233 | +1.9% |
| Other amounts payable | 47/48 | €92,230 | €92,968 | +€738 | +0.8% |
| Accrued charges and deferred income | 492/3 | €1,415 | €1,000 | -€415 | -29.3% |
| Remuneration, social security and pensions | 62 | €6,760 | €6,787 | +€27 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,733 | €3,418 | -€314 | -8.4% |
| Other operating charges | 640/8 | €1,443 | €1,625 | +€182 | +12.6% |
| Gross operating margin | 9900 | €114,816 | €114,277 | -€539 | -0.5% |
| Operating profit (loss) | 9901 | €102,880 | €102,447 | -€433 | -0.4% |
| Financial income | 75/76B | €2,198 | €2,531 | +€333 | +15.1% |
| Recurring financial income | 75 | €2,198 | €2,531 | +€333 | +15.1% |
| Financial charges | 65/66B | €1,180 | €998 | -€182 | -15.4% |
| Recurring financial charges | 65 | €1,180 | €998 | -€182 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €103,898 | €103,980 | +€82 | +0.1% |
| Income taxes | 67/77 | €22,680 | €22,605 | -€75 | -0.3% |
| Profit (loss) for the period | 9904 | €81,218 | €81,375 | +€156 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,218 | €81,375 | +€156 | +0.2% |
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 20 October 2026 via checked.be.