eXito Solutions: 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.
eXito Solutions
Largest movements
- Cash -€20,805
down €20,805 (-61.0%), from €34,092 to €13,286
mainly Contributions, distributions and other (-€72,150) and Advances received (-€13,056)
- Current investments -€5,438
down €5,438 (-100.0%), from €5,438 to €0
- Receivables within one year +€3,078
up €3,078 (+27.1%), from €11,346 to €14,424
of which Other amounts receivable: +€2,468
- Tangible fixed assets -€2,171
down €2,171 (-9.1%), from €23,950 to €21,779
of which Land and buildings: -€1,750
- Profit (loss) carried forward -€24,858
down €24,858 (-72.9%), from €34,092 to €9,234
- Advances received -€13,056
down €13,056 (-100.0%), from €13,056 to €0
- Tax, wage and social debts +€12,265
up €12,265 (+64.4%), from €19,041 to €31,306
- Trade debts +€5,227
up €5,227 (+5062.7%), from €103 to €5,330
- Short-term financial debts +€5,060
new in 2023: €5,060
- Gross operating margin -€43,468
down €43,468 (-41.5%), from €104,842 to €61,374
- Taxes -€8,537
down €8,537 (-39.6%), from €21,538 to €13,001
- Other operating charges -€3,067
down €3,067 (-91.5%), from €3,353 to €286
- Financial income +€2,361
up €2,361 (+171.9%), from €1,373 to €3,734
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,091 | €104,597 | -€25,495 | -19.6% |
| Fixed assets | 21/28 | €38,950 | €36,779 | -€2,171 | -5.6% |
| Tangible fixed assets | 22/27 | €23,950 | €21,779 | -€2,171 | -9.1% |
| Land and buildings | 22 | €21,438 | €19,688 | -€1,750 | -8.2% |
| Plant, machinery and equipment | 23 | €1,793 | €1,708 | -€85 | -4.8% |
| Furniture and vehicles | 24 | €720 | €384 | -€336 | -46.6% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €91,141 | €67,817 | -€23,324 | -25.6% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Trade receivables | 290 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,346 | €14,424 | +€3,078 | +27.1% |
| Trade receivables | 40 | €10,990 | €11,600 | +€610 | +5.6% |
| Other amounts receivable | 41 | €356 | €2,824 | +€2,468 | +693.9% |
| Current investments | 50/53 | €5,438 | €0 | -€5,438 | -100.0% |
| Cash at bank and in hand | 54/58 | €34,092 | €13,286 | -€20,805 | -61.0% |
| Deferred charges and accrued income | 490/1 | €266 | €107 | -€159 | -59.7% |
| Total equity and liabilities | 10/49 | €130,091 | €104,597 | -€25,495 | -19.6% |
| Equity | 10/15 | €84,553 | €59,695 | -€24,858 | -29.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €31,911 | €31,911 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €30,056 | €30,056 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,092 | €9,234 | -€24,858 | -72.9% |
| Amounts payable | 17/49 | €45,538 | €44,902 | -€636 | -1.4% |
| Amounts payable after more than one year | 17 | €3,077 | €0 | -€3,077 | -100.0% |
| Financial debts | 170/4 | €3,077 | €0 | -€3,077 | -100.0% |
| Amounts payable within one year | 42/48 | €42,461 | €44,902 | +€2,441 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €5,173 | €3,077 | -€2,096 | -40.5% |
| Financial debts | 43 | - | €5,060 | +€5,060 | |
| Other loans | 439 | - | €5,060 | +€5,060 | |
| Trade debts | 44 | €103 | €5,330 | +€5,227 | +5062.7% |
| Suppliers | 440/4 | €103 | €5,330 | +€5,227 | +5062.7% |
| Advances received on contracts in progress | 46 | €13,056 | €0 | -€13,056 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,041 | €31,306 | +€12,265 | +64.4% |
| Taxes | 450/3 | €19,041 | €31,306 | +€12,265 | +64.4% |
| Other amounts payable | 47/48 | €5,088 | €129 | -€4,959 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,835 | €3,096 | +€261 | +9.2% |
| Other operating charges | 640/8 | €3,353 | €286 | -€3,067 | -91.5% |
| Gross operating margin | 9900 | €104,842 | €61,374 | -€43,468 | -41.5% |
| Operating profit (loss) | 9901 | €98,654 | €57,992 | -€40,662 | -41.2% |
| Financial income | 75/76B | €1,373 | €3,734 | +€2,361 | +171.9% |
| Recurring financial income | 75 | €1,373 | €3,734 | +€2,361 | +171.9% |
| Financial charges | 65/66B | €854 | €1,433 | +€579 | +67.8% |
| Recurring financial charges | 65 | €854 | €1,433 | +€579 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €99,173 | €60,293 | -€38,881 | -39.2% |
| Income taxes | 67/77 | €21,538 | €13,001 | -€8,537 | -39.6% |
| Profit (loss) for the period | 9904 | €77,635 | €47,292 | -€30,344 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,635 | €47,292 | -€30,344 | -39.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.