X-Consulting: 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.
X-Consulting
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€77,777
down €77,777 (-62.1%), from €125,249 to €47,472
mainly Current investments (-€100,000) and Receivables within one year (-€19,389)
- Receivables within one year +€19,389
up €19,389 (+3,369%), from €576 to €19,965
- Reserves +€38,008
up €38,008 (+35.6%), from €106,822 to €144,830
- Other debts +€3,281
up €3,281 (+190%), from €1,726 to €5,007
- Gross operating margin -€2,060
down €2,060 (-4.0%), from €50,883 to €48,824
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 | €128,822 | €170,279 | +€41,457 | +32.2% |
| Fixed assets | 21/28 | €2,998 | €2,842 | -€156 | -5.2% |
| Tangible fixed assets | 22/27 | €2,998 | €2,842 | -€156 | -5.2% |
| Plant, machinery and equipment | 23 | €2,779 | €1,972 | -€807 | -29.0% |
| Furniture and vehicles | 24 | €218 | €870 | +€652 | +299% |
| Current assets | 29/58 | €125,825 | €167,437 | +€41,612 | +33.1% |
| Amounts receivable within one year | 40/41 | €576 | €19,965 | +€19,389 | +3,369% |
| Trade receivables | 40 | €576 | €19,965 | +€19,389 | +3,369% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €125,249 | €47,472 | -€77,777 | -62.1% |
| Total equity and liabilities | 10/49 | €128,822 | €170,279 | +€41,457 | +32.2% |
| Equity | 10/15 | €109,822 | €147,830 | +€38,008 | +34.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €106,822 | €144,830 | +€38,008 | +35.6% |
| Distributable reserves | 133 | €106,822 | €144,830 | +€38,008 | +35.6% |
| Amounts payable | 17/49 | €19,001 | €22,449 | +€3,448 | +18.1% |
| Amounts payable within one year | 42/48 | €19,001 | €22,449 | +€3,448 | +18.1% |
| Trade debts | 44 | €1,576 | €1,217 | -€358 | -22.7% |
| Suppliers | 440/4 | €1,576 | €1,217 | -€358 | -22.7% |
| Taxes, remuneration and social security | 45 | €15,699 | €16,224 | +€525 | +3.3% |
| Taxes | 450/3 | €15,699 | €16,224 | +€525 | +3.3% |
| Other amounts payable | 47/48 | €1,726 | €5,007 | +€3,281 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €904 | €1,188 | +€284 | +31.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €50,883 | €48,824 | -€2,060 | -4.0% |
| Operating profit (loss) | 9901 | €49,593 | €47,236 | -€2,356 | -4.8% |
| Financial income | 75/76B | €1,029 | €867 | -€163 | -15.8% |
| Recurring financial income | 75 | €1,029 | €867 | -€163 | -15.8% |
| Financial charges | 65/66B | - | €17 | +€17 | |
| Recurring financial charges | 65 | - | €17 | +€17 | |
| Profit (loss) for the period before taxes | 9903 | €50,622 | €48,086 | -€2,536 | -5.0% |
| Income taxes | 67/77 | €10,537 | €10,078 | -€459 | -4.4% |
| Profit (loss) for the period | 9904 | €40,085 | €38,008 | -€2,077 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,085 | €38,008 | -€2,077 | -5.2% |
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 15 October 2026 via checked.be.