XOLUTIONS: 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.
What changed
XOLUTIONS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €886,597+€308,861
Equity
€2.2m
2024 · €2.5m-€247,591
Cash
€1.2m
2024 · €1.6m-€463,341
Balance sheet total
€6.8m
2024 · €6.9m-€132,815
Largest movements
Assets
- Financial fixed assets -€680,000
down €680,000 (-97.7%), from €695,810 to €15,810
- Receivables within one year +€596,026
up €596,026 (+48.5%), from €1.2m to €1.8m
of which Other amounts receivable: +€378,414
- Cash -€463,341
down €463,341 (-28.2%), from €1.6m to €1.2m
mainly Contributions, distributions and other (-€1.4m) and Debts after one year (-€822,910)
- Receivables after one year +€176,863
up €176,863 (+74.5%), from €237,422 to €414,285
- Intangible fixed assets +€142,123
up €142,123 (+7.3%), from €1.9m to €2.1m
Equity and liabilities
- Debts after one year -€822,910
down €822,910 (-37.7%), from €2.2m to €1.4m
- Other debts +€610,289
up €610,289 (+345.0%), from €176,872 to €787,162
- Profit (loss) carried forward -€247,591
down €247,591 (-11.8%), from €2.1m to €1.9m
- Trade debts +€132,750
up €132,750 (+35.3%), from €376,096 to €508,846
- Tax, wage and social debts +€87,880
up €87,880 (+11.2%), from €785,475 to €873,355
of which Taxes: +€97,028
Income statement
- Turnover +€13.0m
new in 2025: €13.0m
- Gross operating margin -€6.3m
no longer reported in 2025 (was €6.3m)
- Services and other goods +€5.5m
new in 2025: €5.5m
- Staff costs +€490,460
up €490,460 (+11.6%), from €4.2m to €4.7m
- Goods and materials +€368,777
new in 2025: €368,777
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.
Result 2024
€886,597
Turnover
+€13.0m
Other operating income
+€214,322
Goods and materials
-€368,777
Services and other goods
-€5.5m
Staff costs
-€490,460
Depreciation
-€205,730
Other operating charges
-€22,173
Other operating items
-€6.3m
Financial income
-€6,477
Financial charges
-€22,981
Taxes
-€59,572
Result 2025
€1.2m
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.
From operations
+€2.1m
Investment
-€377,341
Financing
-€2.2m
Cash 2024
€1.6m
From operations (derived)
+€2.1m
Net result for the year
+€1.2m
Depreciation
+€829,100
Receivables after one year
-€176,863
Receivables within one year
-€596,026
Deferred charges and accrued income
-€9,396
Trade debts
+€132,750
Tax, wage and social debts
+€87,880
Other debts
+€610,289
Accrued charges and deferred income
+€66,917
Investment (derived)
-€377,341
Investment in fixed assets (net)
-€377,341
Financing
-€2.2m
Debts after one year
-€822,910
Current portion of long-term debt
+€39,849
Contributions, distributions and other
-€1.4m
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,899,593 | €6,766,778 | -€132,815 | -1.9% |
| Fixed assets | 21/28 | €3,744,209 | €3,292,449 | -€451,759 | -12.1% |
| Intangible fixed assets | 21 | €1,933,734 | €2,075,856 | +€142,123 | +7.3% |
| Tangible fixed assets | 22/27 | €1,114,665 | €1,200,783 | +€86,118 | +7.7% |
| Land and buildings | 22 | - | €169,083 | +€169,083 | |
| Plant, machinery and equipment | 23 | €81,877 | €118,639 | +€36,761 | +44.9% |
| Furniture and vehicles | 24 | €119,303 | €107,781 | -€11,522 | -9.7% |
| Leasing and similar rights | 25 | €800,344 | €723,413 | -€76,931 | -9.6% |
| Other tangible fixed assets | 26 | €113,140 | €81,868 | -€31,273 | -27.6% |
| Financial fixed assets | 28 | €695,810 | €15,810 | -€680,000 | -97.7% |
| Affiliated companies | 280/1 | - | €7,500 | +€7,500 | |
| Participating interests | 280 | - | €7,500 | +€7,500 | |
| Other financial fixed assets | 284/8 | - | €8,310 | +€8,310 | |
| Amounts receivable and cash guarantees | 285/8 | - | €8,310 | +€8,310 | |
| Current assets | 29/58 | €3,155,385 | €3,474,329 | +€318,944 | +10.1% |
| Amounts receivable after more than one year | 29 | €237,422 | €414,285 | +€176,863 | +74.5% |
| Other amounts receivable | 291 | €237,422 | €414,285 | +€176,863 | +74.5% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,229,609 | €1,825,635 | +€596,026 | +48.5% |
| Trade receivables | 40 | €1,178,704 | €1,396,317 | +€217,612 | +18.5% |
| Other amounts receivable | 41 | €50,905 | €429,318 | +€378,414 | +743.4% |
| Cash at bank and in hand | 54/58 | €1,644,187 | €1,180,846 | -€463,341 | -28.2% |
| Deferred charges and accrued income | 490/1 | €44,166 | €53,563 | +€9,396 | +21.3% |
| Total equity and liabilities | 10/49 | €6,899,593 | €6,766,778 | -€132,815 | -1.9% |
| Equity | 10/15 | €2,494,798 | €2,247,207 | -€247,591 | -9.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €295,151 | €295,151 | = | 0.0% |
| Distributable reserves | 133 | €295,151 | €295,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,099,647 | €1,852,056 | -€247,591 | -11.8% |
| Amounts payable | 17/49 | €4,404,795 | €4,519,571 | +€114,776 | +2.6% |
| Amounts payable after more than one year | 17 | €2,180,002 | €1,357,092 | -€822,910 | -37.7% |
| Financial debts | 170/4 | €2,180,002 | €1,357,092 | -€822,910 | -37.7% |
| Leasing and similar obligations | 172 | - | €223,008 | +€223,008 | |
| Credit institutions | 173 | - | €1,018,250 | +€1.0m | |
| Other loans | 174 | - | €115,833 | +€115,833 | |
| Amounts payable within one year | 42/48 | €2,179,976 | €3,050,745 | +€870,769 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €841,532 | €881,382 | +€39,849 | +4.7% |
| Trade debts | 44 | €376,096 | €508,846 | +€132,750 | +35.3% |
| Suppliers | 440/4 | €376,096 | €508,846 | +€132,750 | +35.3% |
| Taxes, remuneration and social security | 45 | €785,475 | €873,355 | +€87,880 | +11.2% |
| Taxes | 450/3 | €282,217 | €379,245 | +€97,028 | +34.4% |
| Remuneration and social security | 454/9 | €503,258 | €494,110 | -€9,148 | -1.8% |
| Other amounts payable | 47/48 | €176,872 | €787,162 | +€610,289 | +345.0% |
| Accrued charges and deferred income | 492/3 | €44,818 | €111,735 | +€66,917 | +149.3% |
| Operating income | 70/76A | - | €13,221,982 | +€13.2m | |
| Turnover | 70 | - | €13,007,660 | +€13.0m | |
| Other operating income | 74 | - | €214,322 | +€214,322 | |
| Operating charges | 60/66A | - | €11,499,523 | +€11.5m | |
| Goods for resale, raw materials and consumables | 60 | - | €368,777 | +€368,777 | |
| Purchases | 600/8 | - | €368,777 | +€368,777 | |
| Services and other goods | 61 | - | €5,474,079 | +€5.5m | |
| Remuneration, social security and pensions | 62 | €4,242,746 | €4,733,206 | +€490,460 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623,370 | €829,100 | +€205,730 | +33.0% |
| Other operating charges | 640/8 | €72,187 | €94,360 | +€22,173 | +30.7% |
| Gross operating margin | 9900 | €6,262,871 | - | -€6.3m | |
| Operating profit (loss) | 9901 | €1,324,568 | €1,722,459 | +€397,891 | +30.0% |
| Financial income | 75/76B | €24,949 | €18,471 | -€6,477 | -26.0% |
| Recurring financial income | 75 | €24,949 | €18,471 | -€6,477 | -26.0% |
| Income from current assets | 751 | - | €15,539 | +€15,539 | |
| Other financial income | 752/9 | - | €2,933 | +€2,933 | |
| Financial charges | 65/66B | €97,908 | €120,889 | +€22,981 | +23.5% |
| Recurring financial charges | 65 | €97,908 | €120,889 | +€22,981 | +23.5% |
| Debt charges | 650 | - | €108,370 | +€108,370 | |
| Other financial charges | 652/9 | - | €12,519 | +€12,519 | |
| Profit (loss) for the period before taxes | 9903 | €1,251,609 | €1,620,042 | +€368,432 | +29.4% |
| Income taxes | 67/77 | €365,012 | €424,584 | +€59,572 | +16.3% |
| Taxes | 670/3 | - | €424,584 | +€424,584 | |
| Profit (loss) for the period | 9904 | €886,597 | €1,195,458 | +€308,861 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €886,597 | €1,195,458 | +€308,861 | +34.8% |
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.