XTHREES CONSULTING: 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.
XTHREES CONSULTING
Largest movements
- Receivables within one year -€23,457
down €23,457 (-48.9%), from €47,994 to €24,537
of which Trade receivables: -€14,855
- Cash +€17,638
up €17,638 (+25.6%), from €68,803 to €86,441
mainly Net result for the year (+€30,855) and Receivables within one year (+€23,457)
- Tangible fixed assets -€13,206
down €13,206 (-4.9%), from €266,867 to €253,661
of which Land and buildings: -€13,680
- Other debts +€16,613
new in 2025: €16,613
- Trade debts -€10,142
down €10,142 (-85.5%), from €11,861 to €1,719
- Debts after one year -€9,831
down €9,831 (-79.6%), from €12,350 to €2,519
- Reserves -€7,867
down €7,867 (-3.0%), from €261,778 to €253,911
- Gross operating margin -€5,274
down €5,274 (-6.9%), from €76,718 to €71,445
- Taxes -€1,301
down €1,301 (-8.8%), from €14,811 to €13,509
- Depreciation +€1,151
up €1,151 (+6.2%), from €18,667 to €19,818
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €384,635 | €368,566 | -€16,069 | -4.2% |
| Fixed assets | 21/28 | €266,867 | €253,661 | -€13,206 | -4.9% |
| Tangible fixed assets | 22/27 | €266,867 | €253,661 | -€13,206 | -4.9% |
| Land and buildings | 22 | €266,459 | €252,779 | -€13,680 | -5.1% |
| Furniture and vehicles | 24 | €408 | €882 | +€474 | +116.1% |
| Current assets | 29/58 | €117,768 | €114,905 | -€2,863 | -2.4% |
| Amounts receivable within one year | 40/41 | €47,994 | €24,537 | -€23,457 | -48.9% |
| Trade receivables | 40 | €29,480 | €14,625 | -€14,855 | -50.4% |
| Other amounts receivable | 41 | €18,513 | €9,911 | -€8,602 | -46.5% |
| Cash at bank and in hand | 54/58 | €68,803 | €86,441 | +€17,638 | +25.6% |
| Deferred charges and accrued income | 490/1 | €971 | €3,927 | +€2,955 | +304.3% |
| Total equity and liabilities | 10/49 | €384,635 | €368,566 | -€16,069 | -4.2% |
| Equity | 10/15 | €345,200 | €337,333 | -€7,867 | -2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €261,778 | €253,911 | -€7,867 | -3.0% |
| Distributable reserves | 133 | €261,778 | €253,911 | -€7,867 | -3.0% |
| Profit (loss) carried forward | 14 | €77,222 | €77,222 | = | 0.0% |
| Amounts payable | 17/49 | €39,434 | €31,232 | -€8,202 | -20.8% |
| Amounts payable after more than one year | 17 | €12,350 | €2,519 | -€9,831 | -79.6% |
| Financial debts | 170/4 | €12,350 | €2,519 | -€9,831 | -79.6% |
| Amounts payable within one year | 42/48 | €27,084 | €28,714 | +€1,629 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €11,573 | €9,831 | -€1,742 | -15.1% |
| Trade debts | 44 | €11,861 | €1,719 | -€10,142 | -85.5% |
| Suppliers | 440/4 | €11,861 | €1,719 | -€10,142 | -85.5% |
| Taxes, remuneration and social security | 45 | €3,650 | €551 | -€3,099 | -84.9% |
| Taxes | 450/3 | €3,650 | €551 | -€3,099 | -84.9% |
| Other amounts payable | 47/48 | - | €16,613 | +€16,613 | |
| Non-recurring operating income | 76A | €7,989 | - | -€7,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,667 | €19,818 | +€1,151 | +6.2% |
| Other operating charges | 640/8 | €2,939 | €2,797 | -€142 | -4.8% |
| Gross operating margin | 9900 | €76,718 | €71,445 | -€5,274 | -6.9% |
| Operating profit (loss) | 9901 | €55,112 | €48,829 | -€6,283 | -11.4% |
| Financial income | 75/76B | €783 | €188 | -€595 | -75.9% |
| Recurring financial income | 75 | €783 | €188 | -€595 | -75.9% |
| Financial charges | 65/66B | €5,292 | €4,653 | -€639 | -12.1% |
| Recurring financial charges | 65 | €5,292 | €4,653 | -€639 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €50,603 | €44,365 | -€6,239 | -12.3% |
| Income taxes | 67/77 | €14,811 | €13,509 | -€1,301 | -8.8% |
| Profit (loss) for the period | 9904 | €35,793 | €30,855 | -€4,938 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,793 | €30,855 | -€4,938 | -13.8% |
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 4 October 2026 via checked.be.