XCALIBUR CONSULT: 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.
XCALIBUR CONSULT
Largest movements
- Deferred charges and accrued income +€14,952
up €14,952 (+67.8%), from €22,048 to €37,000
- Receivables within one year -€13,424
down €13,424 (-25.3%), from €53,042 to €39,618
of which Trade receivables: -€14,579
- Tangible fixed assets -€6,895
down €6,895 (-9.0%), from €76,532 to €69,636
- Profit (loss) carried forward +€15,453
up €15,453 (+52.6%), from -€29,399 to -€13,946
- Tax, wage and social debts -€13,655
down €13,655 (-44.8%), from €30,495 to €16,840
- Debts after one year -€11,435
down €11,435 (-13.3%), from €85,796 to €74,362
- Trade debts +€6,335
up €6,335 (+39.1%), from €16,210 to €22,545
- Short-term financial debts -€3,832
no longer reported in 2025 (was €3,832)
- Other operating charges +€2,191
up €2,191 (+59.8%), from €3,667 to €5,858
- Financial charges -€1,396
down €1,396 (-22.0%), from €6,351 to €4,955
- Financial income -€1,220
down €1,220 (-37.1%), from €3,287 to €2,067
- Gross operating margin -€757
down €757 (-2.3%), from €32,459 to €31,702
- Taxes +€376
up €376 (+163%), from €231 to €607
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 | €151,642 | €146,313 | -€5,329 | -3.5% |
| Fixed assets | 21/28 | €76,532 | €69,636 | -€6,895 | -9.0% |
| Tangible fixed assets | 22/27 | €76,532 | €69,636 | -€6,895 | -9.0% |
| Other tangible fixed assets | 26 | €76,532 | €69,636 | -€6,895 | -9.0% |
| Current assets | 29/58 | €75,110 | €76,677 | +€1,567 | +2.1% |
| Amounts receivable within one year | 40/41 | €53,042 | €39,618 | -€13,424 | -25.3% |
| Trade receivables | 40 | €19,695 | €5,116 | -€14,579 | -74.0% |
| Other amounts receivable | 41 | €33,347 | €34,502 | +€1,155 | +3.5% |
| Cash at bank and in hand | 54/58 | €20 | €59 | +€39 | +192% |
| Deferred charges and accrued income | 490/1 | €22,048 | €37,000 | +€14,952 | +67.8% |
| Total equity and liabilities | 10/49 | €151,642 | €146,313 | -€5,329 | -3.5% |
| Equity | 10/15 | -€10,799 | €4,654 | +€15,453 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,399 | -€13,946 | +€15,453 | +52.6% |
| Amounts payable | 17/49 | €162,441 | €141,659 | -€20,782 | -12.8% |
| Amounts payable after more than one year | 17 | €85,796 | €74,362 | -€11,435 | -13.3% |
| Financial debts | 170/4 | €85,796 | €74,362 | -€11,435 | -13.3% |
| Amounts payable within one year | 42/48 | €76,645 | €67,297 | -€9,347 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €26,107 | €27,913 | +€1,805 | +6.9% |
| Financial debts | 43 | €3,832 | - | -€3,832 | |
| Credit institutions | 430/8 | €3,832 | - | -€3,832 | |
| Trade debts | 44 | €16,210 | €22,545 | +€6,335 | +39.1% |
| Suppliers | 440/4 | €16,210 | €22,545 | +€6,335 | +39.1% |
| Taxes, remuneration and social security | 45 | €30,495 | €16,840 | -€13,655 | -44.8% |
| Taxes | 450/3 | €30,495 | €16,840 | -€13,655 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,895 | €6,895 | = | 0.0% |
| Other operating charges | 640/8 | €3,667 | €5,858 | +€2,191 | +59.8% |
| Non-recurring operating charges | 66A | €185 | - | -€185 | |
| Gross operating margin | 9900 | €32,459 | €31,702 | -€757 | -2.3% |
| Operating profit (loss) | 9901 | €21,712 | €18,948 | -€2,764 | -12.7% |
| Financial income | 75/76B | €3,287 | €2,067 | -€1,220 | -37.1% |
| Recurring financial income | 75 | €3,287 | €2,067 | -€1,220 | -37.1% |
| Financial charges | 65/66B | €6,351 | €4,955 | -€1,396 | -22.0% |
| Recurring financial charges | 65 | €6,351 | €4,955 | -€1,396 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €18,648 | €16,060 | -€2,588 | -13.9% |
| Income taxes | 67/77 | €231 | €607 | +€376 | +163% |
| Profit (loss) for the period | 9904 | €18,417 | €15,453 | -€2,964 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,417 | €15,453 | -€2,964 | -16.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.