XS-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.
XS-consulting
Largest movements
- Stocks and contracts -€32,062
no longer reported in 2023 (was €32,062)
of which Contracts in progress: -€29,500
- Cash -€23,220
down €23,220 (-20.7%), from €112,002 to €88,782
mainly Debts after one year (-€50,000) and Deferred charges and accrued income (-€18,321)
- Deferred charges and accrued income +€18,321
new in 2023: €18,321
- Receivables within one year +€8,926
up €8,926 (+57.4%), from €15,564 to €24,490
of which Trade receivables: +€10,394
- Debts after one year -€50,000
no longer reported in 2023 (was €50,000)
- Other debts +€31,969
up €31,969 (+124%), from €25,751 to €57,720
- Trade debts -€9,824
down €9,824 (-79.2%), from €12,410 to €2,586
- Gross operating margin -€2,239
down €2,239 (-51.1%), from €4,380 to €2,141
- Other operating charges -€1,314
down €1,314 (-52.6%), from €2,497 to €1,184
- Taxes -€917
down €917 (-64.7%), from €1,418 to €501
- Financial income +€146
up €146 (+801%), from €18 to €165
- Depreciation -€79
down €79 (-29.2%), from €271 to €192
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.
Derived cash bridge
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 | €160,030 | €131,592 | -€28,438 | -17.8% |
| Fixed assets | 21/28 | €402 | - | -€402 | |
| Tangible fixed assets | 22/27 | €402 | - | -€402 | |
| Land and buildings | 22 | €402 | - | -€402 | |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Current assets | 29/58 | €159,627 | €131,592 | -€28,035 | -17.6% |
| Stocks and contracts in progress | 3 | €32,062 | - | -€32,062 | |
| Stocks | 30/36 | €2,562 | - | -€2,562 | |
| Contracts in progress | 37 | €29,500 | - | -€29,500 | |
| Amounts receivable within one year | 40/41 | €15,564 | €24,490 | +€8,926 | +57.4% |
| Trade receivables | 40 | €14,096 | €24,490 | +€10,394 | +73.7% |
| Other amounts receivable | 41 | €1,468 | - | -€1,468 | |
| Cash at bank and in hand | 54/58 | €112,002 | €88,782 | -€23,220 | -20.7% |
| Deferred charges and accrued income | 490/1 | - | €18,321 | +€18,321 | |
| Total equity and liabilities | 10/49 | €160,030 | €131,592 | -€28,438 | -17.8% |
| Equity | 10/15 | €70,450 | €70,834 | +€384 | +0.5% |
| Contributions | 10/11 | €43,437 | €43,437 | = | 0.0% |
| Reserves | 13 | €26,867 | €26,867 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,460 | €5,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,460 | €5,460 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,950 | €3,950 | = | 0.0% |
| Distributable reserves | 133 | €17,457 | €17,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146 | €530 | +€384 | +262% |
| Amounts payable | 17/49 | €89,580 | €60,758 | -€28,822 | -32.2% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €39,580 | €60,758 | +€21,178 | +53.5% |
| Trade debts | 44 | €12,410 | €2,586 | -€9,824 | -79.2% |
| Suppliers | 440/4 | €12,410 | €2,586 | -€9,824 | -79.2% |
| Taxes, remuneration and social security | 45 | €1,418 | €452 | -€966 | -68.1% |
| Taxes | 450/3 | €1,418 | €452 | -€966 | -68.1% |
| Other amounts payable | 47/48 | €25,751 | €57,720 | +€31,969 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271 | €192 | -€79 | -29.2% |
| Other operating charges | 640/8 | €2,497 | €1,184 | -€1,314 | -52.6% |
| Gross operating margin | 9900 | €4,380 | €2,141 | -€2,239 | -51.1% |
| Operating profit (loss) | 9901 | €1,611 | €765 | -€846 | -52.5% |
| Financial income | 75/76B | €18 | €165 | +€146 | +801% |
| Recurring financial income | 75 | €18 | €165 | +€146 | +801% |
| Financial charges | 65/66B | €65 | €45 | -€20 | -30.5% |
| Recurring financial charges | 65 | €65 | €45 | -€20 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €1,565 | €885 | -€680 | -43.4% |
| Income taxes | 67/77 | €1,418 | €501 | -€917 | -64.7% |
| Profit (loss) for the period | 9904 | €146 | €384 | +€238 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €146 | €384 | +€238 | +162% |
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 24 October 2026 via checked.be.