Xtroverso Knowledge: Dutch Tax & Compliance Insights

Why “Only 3.1% Inflation” Is a Lie You’re Telling Yourself

by Paolo Maria Pavan

Jul 2, 2025 PAOLO MARIA PAVAN

June 2025. Inflation: 3.1%. Sounds harmless, doesn’t it? A small dip from May’s 3.3%. According to the rapid estimate from CBS, consumer prices stayed flat compared to the previous month. The kind of ...

DUTCH ECONOMY Paolo Maria Pavan

Why Your First Hire Defines Culture

by Paolo Maria Pavan

Jul 1, 2025 WISE

Let’s cut the poetry: your first hire isn’t just a person, it’s a precedent. And if you get it wrong, you’ve already set your company’s immune system to tolerate dysfunction. Culture Is Not a Mood. It...

ESG Paolo Maria Pavan WISE

by Paolo Maria Pavan

Jul 1, 2025 WISE

Let me say it plainly: the idea that you, or your company, are too small to matter is not just wrong. It is a lie. A dangerous, comfortable, culturally sanctioned lie. And like all lies that survive t...

ESG Paolo Maria Pavan WISE

by Paolo Maria Pavan

Jul 1, 2025 PAOLO MARIA PAVAN

The Clock Shows Red, Yet We Whisper in Beige Let’s not sugarcoat it: 12 of 13 indicators in the CBS Business Cycle Clock fell below their long-term trend in June 2025. That's not a “slight cooling” or...

DUTCH ECONOMY Paolo Maria Pavan

by Paolo Maria Pavan

Jun 26, 2025 PAOLO MARIA PAVAN

Amsterdam’s AEX Index closed today with a clear dip, 910.69 , down 7.17 points or -0.78% . The mood was not dramatic, but distinctly alert, like a room where the air changes just enough to notice. Tod...

Paolo Maria Pavan TODAY'S MARKET PULSE

by Paolo Maria Pavan

Jun 26, 2025 PAOLO MARIA PAVAN

The Illusion of Progress: Why “Waves” Matter More Than Numbers Let’s begin where most articles end: the business cycle is not a spreadsheet artifact or a journalist’s cliché. It is the heartbeat of ou...

DUTCH ECONOMY Paolo Maria Pavan

by Paolo Maria Pavan

Jun 25, 2025 PAOLO MARIA PAVAN

On June 25, 2025, the AEX Index closed at 917.86, marking a 0.73% decline from the previous day's close of 924.62. The index opened at 926.89, reached a high of 929.91, but gradually declined througho...

Paolo Maria Pavan TODAY'S MARKET PULSE

by Paolo Maria Pavan

Jun 25, 2025 PAOLO MARIA PAVAN

Let’s Start With the Boring Number: +0.4% That’s the Dutch GDP growth in Q1 2025, according to CBS’s second estimate. Yawn? No. Because if you think that number is just a bland statistical revision, f...

DUTCH ECONOMY Paolo Maria Pavan

by Paolo Maria Pavan

Jun 24, 2025 PAOLO MARIA PAVAN

The Amsterdam AEX closed today at 924.62 , up +7.83 points (+0.85%) , in what appears, at first glance, to be a polite day of trading. But let’s not confuse manners with meekness. Markets don’t always...

Paolo Maria Pavan TODAY'S MARKET PULSE

by Paolo Maria Pavan

Jun 24, 2025 PAOLO MARIA PAVAN

Let’s Start with the Headline Everyone’s Clapping For “Household real disposable income rose by 2.2% in Q1 2025 compared to a year earlier.” The statisticians at CBS want us to nod approvingly. Politi...

DUTCH ECONOMY Paolo Maria Pavan REAL ESTATE

by Paolo Maria Pavan

Jun 24, 2025 PAOLO MARIA PAVAN

When Numbers Stop Whispering and Start Revealing Gross profit before tax for non-financial companies in the Netherlands rose to €90.1 billion in Q1 2025, €4.7 billion higher than in Q1 2024. Operating...

DUTCH ECONOMY Paolo Maria Pavan

by Paolo Maria Pavan

Jun 23, 2025 PAOLO MARIA PAVAN

Today, the Amsterdam AEX Index closed at 916.79, a gain of 8.27 points, marking a +0.91% rise that was as composed as it was quietly unexpected. If you listened for drama, you’d be left in silence; th...

Paolo Maria Pavan TODAY'S MARKET PULSE