Value creation services
Support in designing and executing value creation programmes: from ambition setting and governance to implementation, performance steering and management cadence.
Value creation • Financial modeling • Execution
From strategic ambition to financial reality.
X-ASTRiS helps CFOs, CROs and value creation teams translate strategic choices into measurable financial impact — with the governance, modeling and execution structure to make it stick. Based in Utrecht, the Netherlands, active across Europe.
Services
Engaged where financial pressure, complexity and execution risk are highest.
X-ASTRiS works at the intersection of financial insight and programme delivery — in turnarounds, carve-outs, performance improvement and transformation. The focus is always on measurable results, not just recommendations.
Financial modeling
Value-based cash flow modeling to translate strategic choices into cash impact, funding needs, scenario trade-offs and financing conversations.
Planning & monitoring
An Excel-based planning and monitoring structure with workstreams, milestones, KPIs and planned versus realised steering across EUR, FTE and working capital.
Training & implementation
Hands-on training for management teams and programme teams so that governance, reporting and tooling become embedded in day-to-day execution.
Approach
A value creation plan only works when objectives, governance and execution are organised together.
The approach is practical and manageable: first set the right objectives, then establish governance, then translate priorities into detailed plans that are monitored and adjusted on a recurring basis. No theory without delivery.
01
Set the right objectives
Define the value to be created: EBITDA, cash flow, working capital, FTE, pace of execution and the operational constraints around delivery.
02
Implement governance
Build a clear programme structure with roles, decision-making, cadence, ownership and escalation mechanisms.
03
Translate into detailed plans
Convert priorities into workstreams, milestones, owners, risks and dependencies that can actually be managed.
04
Monitor and adjust
Track planned versus realised performance in EUR and FTE, including working capital and issue/action tracking, so decisions are timely and fact-based.
Tools
Two tools. Two different questions. One methodology.
The financial modeling application answers the question: what will our cash position look like, and what are our options? The planning & monitoring tool answers: are we executing as planned, and where do we need to steer? Together they cover the full value creation cycle.
Online application — x-astris.com
Financial Modeling Application
A structured online application for value-based cash flow modeling. No Excel required — enter your assumptions, model your scenarios, and export when done. A free basic version is available.
- Answer key financial questions in minutes, not days.
- No Excel required — enter your baseline, adjust drivers, and export when done.
- Scenario analysis across growth, cost structure, capital and funding decisions.
- Real-time dashboard with key KPIs: revenue, EBITDA, cash and investments.
- Monthly runway analysis — see exactly when and why cash tightens.
- Export financial statements in Big-4 layout style for board or investor packs.
- Free basic version available — upgrade to Premium for full scenario and export functionality.
Excel-based tool
Value Creation Planning & Monitoring Tool
A practical Excel-based tool for structuring and steering value creation programmes — from initiative design and governance to recurring planned versus realised reporting.
- Excel-based tool for value creation planning and monitoring.
- Supports planned versus realised steering in EUR and FTE.
- Includes working capital, actions, issues and governance rhythm.
- Designed to support implementation by CFOs, CROs and value creation teams.
- Practical to deploy as part of a transformation or performance improvement programme.
Experience
Deployed in complex situations across sectors and ownership structures.
X-ASTRiS has supported value creation programmes, carve-outs, turnarounds and financial transformations across private equity, large corporates and public-sector organisations — in situations where execution quality makes the difference.
"Strategic decisions deserve a solid financial foundation and a programme structure that can actually be executed."
Selected clients and contexts
- Private equity portfolio companies — Rivean Capital, Aurelius, EQT
- Large industrials and multinationals — Tata Steel, Philips, AkzoNobel
- Public sector and regulated industries — hospitals, utility companies
- Carve-outs, separations and post-merger integration programmes
- Financial recovery and turnaround situations under time pressure
- Transformation programmes requiring both financial and operational delivery
Book & resources
Value-Based Cash Flow Modeling — a practical guide for founders and finance teams.
A step-by-step guide to building a three-statement cash flow forecast model from scratch. Written for founders, scale-up teams and anyone who needs to translate strategic decisions into financial reality — without an accounting degree. Available as a free PDF download, as a print edition on Amazon, and accompanied by a ready-to-use Excel template.
What the guide covers
- Revenue forecasting — volume & price, product-market combinations, SaaS models
- Cost forecasting — COGS, employee expenses, depreciation and corporate income tax
- Balance sheet — fixed assets, working capital, inventory, receivables and payables
- Funding — equity, debt and interest modeling including the tax shield
- Cash flow statement — operating, investing and financing activities
- Business valuation — DCF, enterprise value and equity value
All concepts are illustrated with a single consistent example — a coffee shop in Utrecht — built into a complete working model by the final chapter. The accompanying Excel template lets you apply the same framework directly to your own business.
"M&A deals, restructuring, value investing, strategic decision making — they all require a forward-looking cash flow model."
Founder
Carlo Fiscalini
Carlo Fiscalini is a Transformation Program Director and Value Creation Lead with over fifteen years of experience in turnarounds, carve-outs and performance improvement. He works in situations where financial pressure, governance complexity or major change require clear direction, financial grounding and the ability to deliver. He has worked with private equity firms including Rivean Capital, Aurelius and EQT, large corporates such as Tata Steel, Philips and AkzoNobel, and public-sector organisations including hospitals and utility companies.
Alongside his advisory practice, Carlo is the author of Value-Based Cash Flow Modeling — a practical guide to financial modeling for founders and finance teams — and the developer of the X-ASTRiS financial modeling application.
Contact
Considering an engagement or want to explore what X-ASTRiS can do?
Whether you are dealing with a turnaround, a carve-out, a performance improvement programme or simply want to build a better financial model — get in touch for an introductory conversation. No obligation, no sales process.
Direct contact
info@x-astris.nlFiscalini Management B.V.
Utrecht, the Netherlands
KvK: 99189275
Use this address for questions about consultancy engagements, the guide Value-based Cash Flow Modeling, the financial modeling application or the Excel-based value creation planning & monitoring tool.