XLP 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.
XLP CONSULT
Largest movements
- Financial fixed assets +€109,200
up €109,200 (+30.9%), from €353,070 to €462,270
- Tangible fixed assets -€24,383
down €24,383 (-48.4%), from €50,413 to €26,029
of which Furniture and vehicles: -€19,803
- Receivables within one year +€6,201
new in 2025: €6,201
- Debts after one year +€71,700
up €71,700 (+752%), from €9,538 to €81,238
- Reserves +€21,507
up €21,507 (+5.8%), from €372,149 to €393,656
of which Distributable reserves: +€21,507
- Other debts -€16,622
down €16,622 (-36.3%), from €45,778 to €29,156
- Current portion of long-term debt +€15,700
up €15,700 (+125%), from €12,599 to €28,300
- Gross operating margin -€23,568
down €23,568 (-26.9%), from €87,573 to €64,005
- Taxes -€6,120
down €6,120 (-32.4%), from €18,899 to €12,779
- Financial charges -€1,414
down €1,414 (-71.5%), from €1,978 to €564
- Other operating charges -€891
down €891 (-46.9%), from €1,901 to €1,010
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 | €518,598 | €608,045 | +€89,448 | +17.2% |
| Fixed assets | 21/28 | €403,483 | €488,299 | +€84,817 | +21.0% |
| Tangible fixed assets | 22/27 | €50,413 | €26,029 | -€24,383 | -48.4% |
| Plant, machinery and equipment | 23 | €3,705 | €2,642 | -€1,063 | -28.7% |
| Furniture and vehicles | 24 | €39,989 | €20,186 | -€19,803 | -49.5% |
| Other tangible fixed assets | 26 | €6,719 | €3,201 | -€3,517 | -52.3% |
| Financial fixed assets | 28 | €353,070 | €462,270 | +€109,200 | +30.9% |
| Current assets | 29/58 | €115,115 | €119,746 | +€4,631 | +4.0% |
| Amounts receivable within one year | 40/41 | - | €6,201 | +€6,201 | |
| Trade receivables | 40 | - | €6,201 | +€6,201 | |
| Cash at bank and in hand | 54/58 | €114,371 | €112,754 | -€1,617 | -1.4% |
| Deferred charges and accrued income | 490/1 | €744 | €791 | +€46 | +6.2% |
| Total equity and liabilities | 10/49 | €518,598 | €608,045 | +€89,448 | +17.2% |
| Equity | 10/15 | €445,863 | €467,369 | +€21,507 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €372,149 | €393,656 | +€21,507 | +5.8% |
| 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 | €370,289 | €391,796 | +€21,507 | +5.8% |
| Profit (loss) carried forward | 14 | €55,113 | €55,113 | = | 0.0% |
| Amounts payable | 17/49 | €72,735 | €140,676 | +€67,941 | +93.4% |
| Amounts payable after more than one year | 17 | €9,538 | €81,238 | +€71,700 | +752% |
| Financial debts | 170/4 | €9,538 | €81,238 | +€71,700 | +752% |
| Amounts payable within one year | 42/48 | €63,197 | €59,438 | -€3,759 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €12,599 | €28,300 | +€15,700 | +125% |
| Trade debts | 44 | - | €470 | +€470 | |
| Suppliers | 440/4 | - | €470 | +€470 | |
| Taxes, remuneration and social security | 45 | €4,820 | €1,512 | -€3,308 | -68.6% |
| Taxes | 450/3 | €4,820 | €1,512 | -€3,308 | -68.6% |
| Other amounts payable | 47/48 | €45,778 | €29,156 | -€16,622 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,417 | €28,844 | -€573 | -1.9% |
| Other operating charges | 640/8 | €1,901 | €1,010 | -€891 | -46.9% |
| Gross operating margin | 9900 | €87,573 | €64,005 | -€23,568 | -26.9% |
| Operating profit (loss) | 9901 | €56,254 | €34,150 | -€22,104 | -39.3% |
| Financial income | 75/76B | €261 | €699 | +€438 | +168% |
| Recurring financial income | 75 | €261 | €699 | +€438 | +168% |
| Financial charges | 65/66B | €1,978 | €564 | -€1,414 | -71.5% |
| Recurring financial charges | 65 | €1,978 | €564 | -€1,414 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €54,537 | €34,285 | -€20,252 | -37.1% |
| Income taxes | 67/77 | €18,899 | €12,779 | -€6,120 | -32.4% |
| Profit (loss) for the period | 9904 | €35,638 | €21,507 | -€14,131 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,638 | €21,507 | -€14,131 | -39.7% |
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.