XL STUDIO: 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.
XL STUDIO
Largest movements
- Receivables within one year -€64,843
down €64,843 (-73.9%), from €87,696 to €22,852
of which Trade receivables: -€33,308
- Cash -€2,183
down €2,183 (-94.3%), from €2,316 to €133
mainly Other debts (-€65,472) and Trade debts (-€1,090)
- Other debts -€65,472
down €65,472 (-96.5%), from €67,839 to €2,367
- Trade debts -€1,090
down €1,090 (-63.3%), from €1,722 to €631
- Financial charges +€306
up €306 (+78.0%), from €393 to €699
- Financial income -€225
down €225 (-22.1%), from €1,018 to €793
- Gross operating margin +€188
up €188 (+52.1%), from -€361 to -€173
- Other operating charges -€128
down €128 (-25.0%), from €513 to €384
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 | €90,011 | €22,985 | -€67,026 | -74.5% |
| Current assets | 29/58 | €90,011 | €22,985 | -€67,026 | -74.5% |
| Amounts receivable within one year | 40/41 | €87,696 | €22,852 | -€64,843 | -73.9% |
| Trade receivables | 40 | €33,308 | €0 | -€33,308 | -100.0% |
| Other amounts receivable | 41 | €54,388 | €22,852 | -€31,536 | -58.0% |
| Cash at bank and in hand | 54/58 | €2,316 | €133 | -€2,183 | -94.3% |
| Total equity and liabilities | 10/49 | €90,011 | €22,985 | -€67,026 | -74.5% |
| Equity | 10/15 | €20,451 | €19,987 | -€464 | -2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€464 | -€464 | |
| Amounts payable | 17/49 | €69,560 | €2,998 | -€66,562 | -95.7% |
| Amounts payable within one year | 42/48 | €69,560 | €2,998 | -€66,562 | -95.7% |
| Trade debts | 44 | €1,722 | €631 | -€1,090 | -63.3% |
| Suppliers | 440/4 | €1,722 | €631 | -€1,090 | -63.3% |
| Other amounts payable | 47/48 | €67,839 | €2,367 | -€65,472 | -96.5% |
| Other operating charges | 640/8 | €513 | €384 | -€128 | -25.0% |
| Gross operating margin | 9900 | -€361 | -€173 | +€188 | +52.1% |
| Operating profit (loss) | 9901 | -€874 | -€557 | +€316 | +36.2% |
| Financial income | 75/76B | €1,018 | €793 | -€225 | -22.1% |
| Recurring financial income | 75 | €1,018 | €793 | -€225 | -22.1% |
| Financial charges | 65/66B | €393 | €699 | +€306 | +78.0% |
| Recurring financial charges | 65 | €393 | €699 | +€306 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | -€249 | -€464 | -€215 | -86.5% |
| Profit (loss) for the period | 9904 | -€249 | -€464 | -€215 | -86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€249 | -€464 | -€215 | -86.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.