XH-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.
XH-CONSULT
Largest movements
- Receivables within one year -€8,137
down €8,137 (-41.1%), from €19,807 to €11,670
of which Trade receivables: -€6,206
- Cash -€723
no longer reported in 2025 (was €723)
mainly Short-term financial debts (-€8,965) and Trade debts (-€1,825)
- Short-term financial debts -€8,965
down €8,965 (-46.2%), from €19,398 to €10,433
- Profit (loss) carried forward +€3,713
up €3,713 (+14.6%), from -€25,376 to -€21,663
- Trade debts -€1,825
no longer reported in 2025 (was €1,825)
- Current portion of long-term debt -€1,170
no longer reported in 2025 (was €1,170)
- Tax, wage and social debts -€748
down €748 (-13.4%), from €5,595 to €4,847
of which Taxes: -€709
- Gross operating margin +€8,566
up €8,566, from -€5,614 to €2,952
- Taxes -€8,517
down €8,517, from €3,000 to -€5,517
- Staff costs -€1,766
down €1,766 (-63.4%), from €2,786 to €1,020
- Financial charges +€647
up €647 (+23.9%), from €2,710 to €3,357
- Other operating charges +€181
up €181 (+287%), from €63 to €244
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 | €21,447 | €12,452 | -€8,995 | -41.9% |
| Fixed assets | 21/28 | €678 | €543 | -€135 | -19.9% |
| Tangible fixed assets | 22/27 | €403 | €268 | -€135 | -33.5% |
| Plant, machinery and equipment | 23 | €403 | €268 | -€135 | -33.5% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €20,769 | €11,909 | -€8,860 | -42.7% |
| Amounts receivable within one year | 40/41 | €19,807 | €11,670 | -€8,137 | -41.1% |
| Trade receivables | 40 | €10,853 | €4,647 | -€6,206 | -57.2% |
| Other amounts receivable | 41 | €8,954 | €7,023 | -€1,931 | -21.6% |
| Cash at bank and in hand | 54/58 | €723 | - | -€723 | |
| Deferred charges and accrued income | 490/1 | €239 | €239 | = | 0.0% |
| Total equity and liabilities | 10/49 | €21,447 | €12,452 | -€8,995 | -41.9% |
| Equity | 10/15 | -€6,541 | -€2,828 | +€3,713 | +56.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,435 | €6,435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,575 | €4,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,376 | -€21,663 | +€3,713 | +14.6% |
| Amounts payable | 17/49 | €27,988 | €15,280 | -€12,708 | -45.4% |
| Amounts payable within one year | 42/48 | €27,988 | €15,280 | -€12,708 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €1,170 | - | -€1,170 | |
| Financial debts | 43 | €19,398 | €10,433 | -€8,965 | -46.2% |
| Credit institutions | 430/8 | €19,398 | €10,433 | -€8,965 | -46.2% |
| Trade debts | 44 | €1,825 | - | -€1,825 | |
| Suppliers | 440/4 | €1,825 | - | -€1,825 | |
| Taxes, remuneration and social security | 45 | €5,595 | €4,847 | -€748 | -13.4% |
| Taxes | 450/3 | €4,806 | €4,097 | -€709 | -14.8% |
| Remuneration and social security | 454/9 | €789 | €750 | -€39 | -4.9% |
| Remuneration, social security and pensions | 62 | €2,786 | €1,020 | -€1,766 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | €135 | = | 0.0% |
| Other operating charges | 640/8 | €63 | €244 | +€181 | +287% |
| Gross operating margin | 9900 | -€5,614 | €2,952 | +€8,566 | |
| Operating profit (loss) | 9901 | -€8,598 | €1,553 | +€10,151 | |
| Financial charges | 65/66B | €2,710 | €3,357 | +€647 | +23.9% |
| Recurring financial charges | 65 | €2,710 | €3,357 | +€647 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,308 | -€1,804 | +€9,504 | +84.0% |
| Income taxes | 67/77 | €3,000 | -€5,517 | -€8,517 | |
| Profit (loss) for the period | 9904 | -€14,308 | €3,713 | +€18,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,308 | €3,713 | +€18,021 |
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.