SB X-TREME: 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.
SB X-TREME
Largest movements
- Financial fixed assets +€1.0m
up €1.0m (+141,806%), from €738 to €1.0m
- Tangible fixed assets -€892,750
down €892,750 (-36.3%), from €2.5m to €1.6m
- Profit (loss) carried forward +€500,606
up €500,606 (+92.1%), from -€543,431 to -€42,826
- Reserves -€214,141
down €214,141 (-51.5%), from €415,818 to €201,677
of which Tax-exempt reserves: -€214,141
- Provisions -€71,380
down €71,380 (-52.1%), from €136,953 to €65,573
- Debts after one year -€39,062
down €39,062 (-1.9%), from €2.1m to €2.1m
of which Financial debts: -€381,656
- Gross operating margin +€213,669
up €213,669 (+167%), from €128,258 to €341,926
- Depreciation -€19,685
down €19,685 (-35.2%), from €55,868 to €36,183
- Financial charges -€15,708
down €15,708 (-19.4%), from €81,131 to €65,424
- Taxes +€10,763
new in 2025: €10,763
- Other operating charges -€5,676
down €5,676 (-26.3%), from €21,619 to €15,943
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 | €2,503,550 | €2,660,680 | +€157,131 | +6.3% |
| Fixed assets | 21/28 | €2,460,625 | €2,614,048 | +€153,423 | +6.2% |
| Tangible fixed assets | 22/27 | €2,459,887 | €1,567,137 | -€892,750 | -36.3% |
| Land and buildings | 22 | €2,459,887 | €1,567,137 | -€892,750 | -36.3% |
| Financial fixed assets | 28 | €738 | €1,046,911 | +€1.0m | +141,806% |
| Current assets | 29/58 | €42,925 | €46,632 | +€3,707 | +8.6% |
| Amounts receivable within one year | 40/41 | €730 | €172 | -€558 | -76.4% |
| Trade receivables | 40 | €567 | €172 | -€395 | -69.6% |
| Other amounts receivable | 41 | €163 | - | -€163 | |
| Current investments | 50/53 | €37,563 | €34,045 | -€3,518 | -9.4% |
| Cash at bank and in hand | 54/58 | €4,631 | €12,415 | +€7,784 | +168% |
| Total equity and liabilities | 10/49 | €2,503,550 | €2,660,680 | +€157,131 | +6.3% |
| Equity | 10/15 | €134,387 | €420,851 | +€286,465 | +213% |
| Contributions | 10/11 | €262,000 | €262,000 | = | 0.0% |
| Capital | 10 | €262,000 | €262,000 | = | 0.0% |
| Issued capital | 100 | €262,000 | €262,000 | = | 0.0% |
| Reserves | 13 | €415,818 | €201,677 | -€214,141 | -51.5% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €410,860 | €196,719 | -€214,141 | -52.1% |
| Profit (loss) carried forward | 14 | -€543,431 | -€42,826 | +€500,606 | +92.1% |
| Provisions and deferred taxes | 16 | €136,953 | €65,573 | -€71,380 | -52.1% |
| Deferred taxes | 168 | €136,953 | €65,573 | -€71,380 | -52.1% |
| Amounts payable | 17/49 | €2,232,210 | €2,174,256 | -€57,954 | -2.6% |
| Amounts payable after more than one year | 17 | €2,095,278 | €2,056,216 | -€39,062 | -1.9% |
| Financial debts | 170/4 | €1,217,729 | €836,074 | -€381,656 | -31.3% |
| Other amounts payable | 178/9 | €877,549 | €1,220,143 | +€342,594 | +39.0% |
| Amounts payable within one year | 42/48 | €136,932 | €115,165 | -€21,767 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €107,528 | €82,858 | -€24,669 | -22.9% |
| Trade debts | 44 | €21,585 | €15,847 | -€5,737 | -26.6% |
| Suppliers | 440/4 | €21,585 | €15,847 | -€5,737 | -26.6% |
| Taxes, remuneration and social security | 45 | €4,619 | €10,707 | +€6,087 | +132% |
| Taxes | 450/3 | €4,619 | €10,707 | +€6,087 | +132% |
| Other amounts payable | 47/48 | €3,200 | €5,752 | +€2,552 | +79.8% |
| Accrued charges and deferred income | 492/3 | - | €2,875 | +€2,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,868 | €36,183 | -€19,685 | -35.2% |
| Other operating charges | 640/8 | €21,619 | €15,943 | -€5,676 | -26.3% |
| Gross operating margin | 9900 | €128,258 | €341,926 | +€213,669 | +167% |
| Operating profit (loss) | 9901 | €50,770 | €289,800 | +€239,030 | +471% |
| Financial income | 75/76B | €674 | €1,471 | +€797 | +118% |
| Recurring financial income | 75 | €674 | €1,471 | +€797 | +118% |
| Financial charges | 65/66B | €81,131 | €65,424 | -€15,708 | -19.4% |
| Recurring financial charges | 65 | €81,131 | €65,424 | -€15,708 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,688 | €225,847 | +€255,535 | |
| Transfer from deferred taxes | 780 | €4,067 | €71,380 | +€67,314 | +1,655% |
| Income taxes | 67/77 | - | €10,763 | +€10,763 | |
| Profit (loss) for the period | 9904 | -€25,621 | €286,465 | +€312,086 | |
| Transfer from tax-exempt reserves | 789 | €12,200 | €214,141 | +€201,941 | +1,655% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,421 | €500,606 | +€514,027 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.