SEXTANT: 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.
SEXTANT
Largest movements
- Cash +€711,326
up €711,326 (+7115.7%), from €9,997 to €721,322
mainly Investment in fixed assets (net) (+€397,336) and Net result for the year (+€232,025)
- Tangible fixed assets -€397,678
down €397,678 (-99.8%), from €398,333 to €655
of which Land and buildings: -€389,329
- Other debts +€221,128
up €221,128 (+1009.3%), from €21,909 to €243,037
- Tax, wage and social debts +€80,085
up €80,085 (+4662.8%), from €1,718 to €81,803
- Profit (loss) carried forward +€12,081
up €12,081, from -€12,081 to €0
- Gross operating margin +€296,543
up €296,543 (+1293.9%), from €22,919 to €319,461
- Taxes +€82,320
new in 2025: €82,320
- Depreciation -€16,077
down €16,077 (-97.9%), from €16,419 to €342
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.
Cash bridge derived
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 | €412,903 | €723,711 | +€310,808 | +75.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €398,333 | €655 | -€397,678 | -99.8% |
| Tangible fixed assets | 22/27 | €398,333 | €655 | -€397,678 | -99.8% |
| Land and buildings | 22 | €389,329 | €0 | -€389,329 | -100.0% |
| Plant, machinery and equipment | 23 | €8,007 | €0 | -€8,007 | -100.0% |
| Furniture and vehicles | 24 | €997 | €655 | -€342 | -34.3% |
| Current assets | 29/58 | €14,570 | €723,056 | +€708,486 | +4862.6% |
| Amounts receivable within one year | 40/41 | €4,561 | €0 | -€4,561 | -100.0% |
| Trade receivables | 40 | €4,561 | €0 | -€4,561 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €9,997 | €721,322 | +€711,326 | +7115.7% |
| Deferred charges and accrued income | 490/1 | €12 | €1,733 | +€1,721 | +13868.4% |
| Total equity and liabilities | 10/49 | €412,903 | €723,711 | +€310,808 | +75.3% |
| Equity | 10/15 | €383,919 | €396,000 | +€12,081 | +3.1% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Capital | 10 | €360,000 | €360,000 | = | 0.0% |
| Issued capital | 100 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,000 | €36,000 | = | 0.0% |
| Legal reserve | 130 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,081 | €0 | +€12,081 | |
| Amounts payable | 17/49 | €28,984 | €327,711 | +€298,726 | +1030.6% |
| Amounts payable within one year | 42/48 | €28,501 | €327,031 | +€298,531 | +1047.5% |
| Trade debts | 44 | €4,874 | €2,191 | -€2,683 | -55.0% |
| Suppliers | 440/4 | €4,678 | €2,191 | -€2,487 | -53.2% |
| Bills of exchange payable | 441 | €196 | €0 | -€196 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,718 | €81,803 | +€80,085 | +4662.8% |
| Taxes | 450/3 | €1,718 | €81,803 | +€80,085 | +4662.8% |
| Other amounts payable | 47/48 | €21,909 | €243,037 | +€221,128 | +1009.3% |
| Accrued charges and deferred income | 492/3 | €484 | €679 | +€195 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,419 | €342 | -€16,077 | -97.9% |
| Other operating charges | 640/8 | €5,522 | €4,846 | -€676 | -12.2% |
| Gross operating margin | 9900 | €22,919 | €319,461 | +€296,543 | +1293.9% |
| Operating profit (loss) | 9901 | €978 | €314,274 | +€313,296 | +32033.0% |
| Financial income | 75/76B | - | €1,725 | +€1,725 | |
| Recurring financial income | 75 | - | €1,725 | +€1,725 | |
| Financial charges | 65/66B | €344 | €1,653 | +€1,309 | +380.6% |
| Recurring financial charges | 65 | €344 | €1,653 | +€1,309 | +380.6% |
| Profit (loss) for the period before taxes | 9903 | €634 | €314,345 | +€313,711 | +49472.7% |
| Income taxes | 67/77 | - | €82,320 | +€82,320 | |
| Profit (loss) for the period | 9904 | €634 | €232,025 | +€231,391 | +36490.6% |
| Profit (loss) for the period to be appropriated | 9905 | €634 | €232,025 | +€231,391 | +36490.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.