XCELLIUM: what changed
Two fiscal 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.
XCELLIUM
Largest movements
- Receivables within one year +€82,319
up €82,319 (+539.5%), from €15,259 to €97,578
of which Other amounts receivable: +€42,743
- Cash +€11,315
up €11,315 (+16.8%), from €67,290 to €78,605
mainly Net result for the year (+€79,684) and Tax, wage and social debts (+€9,879)
- Reserves +€79,684
up €79,684 (+129.3%), from €61,606 to €141,290
- Tax, wage and social debts +€9,879
up €9,879 (+59.9%), from €16,492 to €26,371
of which Taxes: +€6,817
- Trade debts +€3,915
up €3,915 (+289.2%), from €1,354 to €5,268
- Gross operating margin +€24,671
up €24,671 (+31.0%), from €79,623 to €104,294
- Taxes +€4,807
up €4,807 (+29.1%), from €16,492 to €21,299
- Depreciation +€1,560
new in 2023: €1,560
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 | €85,209 | €178,687 | +€93,478 | +109.7% |
| Fixed assets | 21/28 | €2,660 | €2,504 | -€156 | -5.9% |
| Tangible fixed assets | 22/27 | €2,500 | €2,344 | -€156 | -6.2% |
| Furniture and vehicles | 24 | €2,500 | €2,344 | -€156 | -6.2% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €82,549 | €176,183 | +€93,634 | +113.4% |
| Amounts receivable within one year | 40/41 | €15,259 | €97,578 | +€82,319 | +539.5% |
| Trade receivables | 40 | €14,624 | €54,200 | +€39,576 | +270.6% |
| Other amounts receivable | 41 | €635 | €43,379 | +€42,743 | +6727.2% |
| Cash at bank and in hand | 54/58 | €67,290 | €78,605 | +€11,315 | +16.8% |
| Total equity and liabilities | 10/49 | €85,209 | €178,687 | +€93,478 | +109.7% |
| Equity | 10/15 | €66,606 | €146,290 | +€79,684 | +119.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,606 | €141,290 | +€79,684 | +129.3% |
| Distributable reserves | 133 | €61,606 | €141,290 | +€79,684 | +129.3% |
| Amounts payable | 17/49 | €18,603 | €32,397 | +€13,794 | +74.1% |
| Amounts payable within one year | 42/48 | €18,603 | €32,397 | +€13,794 | +74.1% |
| Trade debts | 44 | €1,354 | €5,268 | +€3,915 | +289.2% |
| Suppliers | 440/4 | €1,354 | €5,268 | +€3,915 | +289.2% |
| Taxes, remuneration and social security | 45 | €16,492 | €26,371 | +€9,879 | +59.9% |
| Taxes | 450/3 | €16,492 | €23,309 | +€6,817 | +41.3% |
| Remuneration and social security | 454/9 | - | €3,062 | +€3,062 | |
| Other amounts payable | 47/48 | €758 | €758 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,560 | +€1,560 | |
| Other operating charges | 640/8 | €1,517 | €1,689 | +€172 | +11.3% |
| Gross operating margin | 9900 | €79,623 | €104,294 | +€24,671 | +31.0% |
| Operating profit (loss) | 9901 | €78,106 | €101,045 | +€22,939 | +29.4% |
| Financial income | 75/76B | €0 | €27 | +€27 | +133800.0% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +133800.0% |
| Financial charges | 65/66B | €8 | €89 | +€81 | +1010.4% |
| Recurring financial charges | 65 | €8 | €89 | +€81 | +1010.4% |
| Profit (loss) for the period before taxes | 9903 | €78,098 | €100,983 | +€22,885 | +29.3% |
| Income taxes | 67/77 | €16,492 | €21,299 | +€4,807 | +29.1% |
| Profit (loss) for the period | 9904 | €61,606 | €79,684 | +€18,078 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,606 | €79,684 | +€18,078 | +29.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.