XP 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.
XP CONSULTING
Largest movements
- Cash -€107,204
down €107,204 (-88.7%), from €120,813 to €13,610
mainly Trade debts (-€68,368) and Receivables within one year (-€29,271)
- Receivables within one year +€29,271
up €29,271 (+48.4%), from €60,527 to €89,798
of which Trade receivables: +€27,339
- Deferred charges and accrued income -€4,033
no longer reported in 2025 (was €4,033)
- Trade debts -€68,368
down €68,368 (-64.9%), from €105,273 to €36,905
- Debts after one year -€10,671
down €10,671 (-38.0%), from €28,090 to €17,419
of which Financial debts: -€10,671
- Tax, wage and social debts -€7,808
down €7,808 (-39.6%), from €19,725 to €11,917
- Profit (loss) carried forward +€3,835
up €3,835 (+7.4%), from €51,802 to €55,637
- Turnover -€84,468
down €84,468 (-14.6%), from €578,617 to €494,149
- Purchases and services -€78,699
down €78,699 (-14.1%), from €557,210 to €478,511
- Gross operating margin -€8,078
down €8,078 (-33.2%), from €24,310 to €16,231
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 | €235,109 | €152,622 | -€82,486 | -35.1% |
| Fixed assets | 21/28 | €3,235 | €2,714 | -€520 | -16.1% |
| Intangible fixed assets | 21 | €640 | €0 | -€640 | -100% |
| Tangible fixed assets | 22/27 | €2,595 | €2,714 | +€120 | +4.6% |
| Plant, machinery and equipment | 23 | €1,404 | €718 | -€686 | -48.9% |
| Furniture and vehicles | 24 | €1,191 | €1,996 | +€806 | +67.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €231,874 | €149,908 | -€81,966 | -35.3% |
| Stocks and contracts in progress | 3 | €46,500 | €46,500 | = | 0.0% |
| Stocks | 30/36 | €46,500 | €46,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,527 | €89,798 | +€29,271 | +48.4% |
| Trade receivables | 40 | €55,246 | €82,585 | +€27,339 | +49.5% |
| Other amounts receivable | 41 | €5,281 | €7,213 | +€1,932 | +36.6% |
| Cash at bank and in hand | 54/58 | €120,813 | €13,610 | -€107,204 | -88.7% |
| Deferred charges and accrued income | 490/1 | €4,033 | - | -€4,033 | |
| Total equity and liabilities | 10/49 | €235,109 | €152,622 | -€82,486 | -35.1% |
| Equity | 10/15 | €71,676 | €75,511 | +€3,835 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,274 | €1,274 | = | 0.0% |
| Distributable reserves | 133 | €1,274 | €1,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,802 | €55,637 | +€3,835 | +7.4% |
| Amounts payable | 17/49 | €163,432 | €77,111 | -€86,321 | -52.8% |
| Amounts payable after more than one year | 17 | €28,090 | €17,419 | -€10,671 | -38.0% |
| Financial debts | 170/4 | €18,090 | €7,419 | -€10,671 | -59.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €135,143 | €59,492 | -€75,651 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €10,145 | €10,671 | +€525 | +5.2% |
| Trade debts | 44 | €105,273 | €36,905 | -€68,368 | -64.9% |
| Suppliers | 440/4 | €105,273 | €36,905 | -€68,368 | -64.9% |
| Taxes, remuneration and social security | 45 | €19,725 | €11,917 | -€7,808 | -39.6% |
| Taxes | 450/3 | €19,725 | €11,917 | -€7,808 | -39.6% |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Turnover | 70 | €578,617 | €494,149 | -€84,468 | -14.6% |
| Non-recurring operating income | 76A | €2,904 | €594 | -€2,310 | -79.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €557,210 | €478,511 | -€78,699 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €1,653 | -€361 | -17.9% |
| Other operating charges | 640/8 | €421 | €1,651 | +€1,230 | +292% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €24,310 | €16,231 | -€8,078 | -33.2% |
| Operating profit (loss) | 9901 | €21,875 | €12,927 | -€8,948 | -40.9% |
| Financial income | 75/76B | €3 | €34 | +€31 | +1,091% |
| Recurring financial income | 75 | €3 | €34 | +€31 | +1,091% |
| Financial charges | 65/66B | €5,479 | €7,627 | +€2,147 | +39.2% |
| Recurring financial charges | 65 | €5,479 | €7,627 | +€2,147 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | €16,399 | €5,335 | -€11,064 | -67.5% |
| Income taxes | 67/77 | €4,995 | €1,500 | -€3,495 | -70.0% |
| Profit (loss) for the period | 9904 | €11,404 | €3,835 | -€7,569 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,404 | €3,835 | -€7,569 | -66.4% |
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 27 October 2026 via checked.be.