XLIT CONSULTING: 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.
XLIT CONSULTING
Largest movements
- Receivables within one year +€974,221
up €974,221 (+283%), from €344,298 to €1.3m
of which Trade receivables: +€877,780
- Cash +€871,758
up €871,758 (+39.0%), from €2.2m to €3.1m
mainly Net result for the year (+€1.2m) and Tax, wage and social debts (+€296,307)
- Reserves +€795,690
up €795,690 (+214%), from €372,340 to €1.2m
of which Tax-exempt reserves: +€795,690
- Profit (loss) carried forward +€447,433
up €447,433 (+54.1%), from €826,870 to €1.3m
- Tax, wage and social debts +€296,307
up €296,307 (+66.4%), from €446,379 to €742,686
of which Taxes: +€391,602
- Trade debts +€222,607
up €222,607 (+55.7%), from €399,462 to €622,069
- Other debts +€174,801
up €174,801 (+27.2%), from €642,233 to €817,034
- Gross operating margin +€794,830
up €794,830 (+26.5%), from €3.0m to €3.8m
- Staff costs -€350,024
down €350,024 (-14.8%), from €2.4m to €2.0m
- Taxes +€309,124
up €309,124 (+218%), from €141,923 to €451,047
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,126,464 | €5,055,709 | +€1.9m | +61.7% |
| Fixed assets | 21/28 | €533,096 | €580,020 | +€46,925 | +8.8% |
| Tangible fixed assets | 22/27 | €528,685 | €575,610 | +€46,925 | +8.9% |
| Land and buildings | 22 | €269,812 | €543,830 | +€274,018 | +102% |
| Furniture and vehicles | 24 | €37,127 | €22,615 | -€14,512 | -39.1% |
| Other tangible fixed assets | 26 | €11,456 | €9,165 | -€2,291 | -20.0% |
| Assets under construction and advance payments | 27 | €210,290 | - | -€210,290 | |
| Financial fixed assets | 28 | €4,410 | €4,410 | = | 0.0% |
| Current assets | 29/58 | €2,593,368 | €4,475,688 | +€1.9m | +72.6% |
| Amounts receivable within one year | 40/41 | €344,298 | €1,318,519 | +€974,221 | +283% |
| Trade receivables | 40 | €246,996 | €1,124,776 | +€877,780 | +355% |
| Other amounts receivable | 41 | €97,302 | €193,743 | +€96,441 | +99.1% |
| Cash at bank and in hand | 54/58 | €2,235,330 | €3,107,088 | +€871,758 | +39.0% |
| Deferred charges and accrued income | 490/1 | €13,739 | €50,081 | +€36,342 | +265% |
| Total equity and liabilities | 10/49 | €3,126,464 | €5,055,709 | +€1.9m | +61.7% |
| Equity | 10/15 | €1,217,810 | €2,460,933 | +€1.2m | +102% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €372,340 | €1,168,030 | +€795,690 | +214% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €370,480 | €1,166,170 | +€795,690 | +215% |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €826,870 | €1,274,303 | +€447,433 | +54.1% |
| Amounts payable | 17/49 | €1,908,653 | €2,594,775 | +€686,122 | +35.9% |
| Amounts payable after more than one year | 17 | €327,167 | €373,288 | +€46,121 | +14.1% |
| Financial debts | 170/4 | €327,167 | €373,288 | +€46,121 | +14.1% |
| Amounts payable within one year | 42/48 | €1,524,220 | €2,219,276 | +€695,057 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €36,145 | €37,487 | +€1,342 | +3.7% |
| Trade debts | 44 | €399,462 | €622,069 | +€222,607 | +55.7% |
| Suppliers | 440/4 | €399,462 | €622,069 | +€222,607 | +55.7% |
| Taxes, remuneration and social security | 45 | €446,379 | €742,686 | +€296,307 | +66.4% |
| Taxes | 450/3 | €88,029 | €479,632 | +€391,602 | +445% |
| Remuneration and social security | 454/9 | €358,350 | €263,055 | -€95,296 | -26.6% |
| Other amounts payable | 47/48 | €642,233 | €817,034 | +€174,801 | +27.2% |
| Accrued charges and deferred income | 492/3 | €57,266 | €2,211 | -€55,055 | -96.1% |
| Non-recurring operating income | 76A | €267 | - | -€267 | |
| Remuneration, social security and pensions | 62 | €2,369,958 | €2,019,934 | -€350,024 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,323 | €21,989 | -€9,335 | -29.8% |
| Other operating charges | 640/8 | €13,987 | €9,771 | -€4,215 | -30.1% |
| Non-recurring operating charges | 66A | - | €35,928 | +€35,928 | |
| Gross operating margin | 9900 | €3,003,111 | €3,797,940 | +€794,830 | +26.5% |
| Operating profit (loss) | 9901 | €587,843 | €1,710,318 | +€1.1m | +191% |
| Financial income | 75/76B | €11,222 | €1,139 | -€10,083 | -89.9% |
| Recurring financial income | 75 | €11,222 | €1,139 | -€10,083 | -89.9% |
| Financial charges | 65/66B | €35,051 | €17,286 | -€17,764 | -50.7% |
| Recurring financial charges | 65 | €35,051 | €17,286 | -€17,764 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €564,014 | €1,694,170 | +€1.1m | +200% |
| Income taxes | 67/77 | €141,923 | €451,047 | +€309,124 | +218% |
| Profit (loss) for the period | 9904 | €422,091 | €1,243,123 | +€821,032 | +195% |
| Transfer to tax-exempt reserves | 689 | - | €795,690 | +€795,690 | |
| Profit (loss) for the period to be appropriated | 9905 | €422,091 | €447,433 | +€25,342 | +6.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.