XEA Consulting: 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.
XEA Consulting
Largest movements
- Receivables within one year -€25,544
down €25,544 (-64.7%), from €39,500 to €13,956
of which Other amounts receivable: -€16,706
- Tangible fixed assets -€8,537
down €8,537 (-18.0%), from €47,350 to €38,813
of which Furniture and vehicles: -€8,080
- Cash -€2,158
down €2,158 (-5.3%), from €40,607 to €38,449
mainly Contributions, distributions and other (-€18,800) and Accrued charges and deferred income (-€9,955)
- Deferred charges and accrued income +€1,565
up €1,565 (+191.3%), from €818 to €2,383
- Accrued charges and deferred income -€9,955
no longer reported in 2025 (was €9,955)
- Debts after one year -€9,565
down €9,565 (-31.4%), from €30,486 to €20,921
- Reserves -€7,800
down €7,800 (-15.0%), from €52,172 to €44,372
- Other debts -€4,847
down €4,847 (-45.5%), from €10,661 to €5,814
- Trade debts -€3,868
down €3,868 (-90.5%), from €4,273 to €404
- Gross operating margin +€3,331
up €3,331 (+10.7%), from €30,993 to €34,324
- Taxes +€1,627
up €1,627 (+34.7%), from €4,692 to €6,318
- Depreciation +€960
up €960 (+8.4%), from €11,486 to €12,446
- Financial income -€760
down €760 (-83.0%), from €915 to €156
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.
Cash bridge derived
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 | €128,275 | €93,601 | -€34,674 | -27.0% |
| Fixed assets | 21/28 | €47,350 | €38,813 | -€8,537 | -18.0% |
| Tangible fixed assets | 22/27 | €47,350 | €38,813 | -€8,537 | -18.0% |
| Plant, machinery and equipment | 23 | €1,095 | €820 | -€276 | -25.2% |
| Furniture and vehicles | 24 | €45,381 | €37,300 | -€8,080 | -17.8% |
| Other tangible fixed assets | 26 | €875 | €693 | -€182 | -20.8% |
| Current assets | 29/58 | €80,925 | €54,788 | -€26,137 | -32.3% |
| Amounts receivable within one year | 40/41 | €39,500 | €13,956 | -€25,544 | -64.7% |
| Trade receivables | 40 | €22,094 | €13,256 | -€8,838 | -40.0% |
| Other amounts receivable | 41 | €17,406 | €700 | -€16,706 | -96.0% |
| Cash at bank and in hand | 54/58 | €40,607 | €38,449 | -€2,158 | -5.3% |
| Deferred charges and accrued income | 490/1 | €818 | €2,383 | +€1,565 | +191.3% |
| Total equity and liabilities | 10/49 | €128,275 | €93,601 | -€34,674 | -27.0% |
| Equity | 10/15 | €52,674 | €46,895 | -€5,779 | -11.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €52,172 | €44,372 | -€7,800 | -15.0% |
| Distributable reserves | 133 | €52,172 | €44,372 | -€7,800 | -15.0% |
| Profit (loss) carried forward | 14 | -€1,998 | €23 | +€2,021 | |
| Provisions and deferred taxes | 16 | €800 | €800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €800 | €800 | = | 0.0% |
| Major repairs and maintenance | 162 | €800 | €800 | = | 0.0% |
| Amounts payable | 17/49 | €74,801 | €45,905 | -€28,895 | -38.6% |
| Amounts payable after more than one year | 17 | €30,486 | €20,921 | -€9,565 | -31.4% |
| Financial debts | 170/4 | €30,486 | €20,921 | -€9,565 | -31.4% |
| Amounts payable within one year | 42/48 | €34,359 | €24,984 | -€9,375 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €9,269 | €9,565 | +€296 | +3.2% |
| Trade debts | 44 | €4,273 | €404 | -€3,868 | -90.5% |
| Suppliers | 440/4 | €4,273 | €404 | -€3,868 | -90.5% |
| Taxes, remuneration and social security | 45 | €10,157 | €9,200 | -€957 | -9.4% |
| Taxes | 450/3 | €10,157 | €9,200 | -€957 | -9.4% |
| Other amounts payable | 47/48 | €10,661 | €5,814 | -€4,847 | -45.5% |
| Accrued charges and deferred income | 492/3 | €9,955 | - | -€9,955 | |
| Non-recurring operating income | 76A | €9,209 | - | -€9,209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,486 | €12,446 | +€960 | +8.4% |
| Other operating charges | 640/8 | €1,387 | €1,463 | +€75 | +5.4% |
| Gross operating margin | 9900 | €30,993 | €34,324 | +€3,331 | +10.7% |
| Operating profit (loss) | 9901 | €18,119 | €20,415 | +€2,296 | +12.7% |
| Financial income | 75/76B | €915 | €156 | -€760 | -83.0% |
| Recurring financial income | 75 | €915 | €156 | -€760 | -83.0% |
| Financial charges | 65/66B | €1,424 | €1,232 | -€193 | -13.5% |
| Recurring financial charges | 65 | €1,424 | €1,232 | -€193 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €17,610 | €19,339 | +€1,729 | +9.8% |
| Income taxes | 67/77 | €4,692 | €6,318 | +€1,627 | +34.7% |
| Profit (loss) for the period | 9904 | €12,919 | €13,021 | +€102 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,919 | €13,021 | +€102 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.