SIX agency: 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.
SIX agency
Largest movements
- Receivables within one year -€11,145
down €11,145 (-51.9%), from €21,475 to €10,330
of which Trade receivables: -€12,141
- Tangible fixed assets -€10,523
down €10,523 (-38.6%), from €27,243 to €16,719
- Cash +€6,147
up €6,147 (+42.1%), from €14,602 to €20,749
mainly Receivables within one year (+€11,145) and Depreciation (+€10,523)
- Debts after one year -€8,811
down €8,811 (-56.3%), from €15,652 to €6,841
- Trade debts -€5,749
down €5,749 (-43.1%), from €13,326 to €7,577
- Other debts -€2,130
down €2,130 (-93.1%), from €2,287 to €157
- Profit (loss) carried forward +€961
no longer reported in 2025 (was -€961)
- Tax, wage and social debts -€699
down €699 (-8.2%), from €8,519 to €7,820
of which Remuneration and social security: -€1,742
- Gross operating margin +€2,891
up €2,891 (+20.9%), from €13,845 to €16,736
- Taxes +€930
up €930 (+53.5%), from €1,737 to €2,667
- Other operating charges -€667
down €667 (-31.5%), from €2,118 to €1,451
- Financial charges -€512
down €512 (-34.1%), from €1,501 to €989
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 | €66,191 | €50,106 | -€16,085 | -24.3% |
| Fixed assets | 21/28 | €28,428 | €17,913 | -€10,515 | -37.0% |
| Tangible fixed assets | 22/27 | €27,243 | €16,719 | -€10,523 | -38.6% |
| Furniture and vehicles | 24 | €27,243 | €16,719 | -€10,523 | -38.6% |
| Financial fixed assets | 28 | €1,185 | €1,194 | +€9 | +0.7% |
| Current assets | 29/58 | €37,763 | €32,193 | -€5,570 | -14.7% |
| Amounts receivable within one year | 40/41 | €21,475 | €10,330 | -€11,145 | -51.9% |
| Trade receivables | 40 | €21,210 | €9,069 | -€12,141 | -57.2% |
| Other amounts receivable | 41 | €265 | €1,260 | +€996 | +376% |
| Cash at bank and in hand | 54/58 | €14,602 | €20,749 | +€6,147 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,685 | €1,114 | -€571 | -33.9% |
| Total equity and liabilities | 10/49 | €66,191 | €50,106 | -€16,085 | -24.3% |
| Equity | 10/15 | €17,639 | €18,600 | +€961 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€961 | - | +€961 | |
| Amounts payable | 17/49 | €48,552 | €31,506 | -€17,046 | -35.1% |
| Amounts payable after more than one year | 17 | €15,652 | €6,841 | -€8,811 | -56.3% |
| Financial debts | 170/4 | €15,652 | €6,841 | -€8,811 | -56.3% |
| Amounts payable within one year | 42/48 | €32,600 | €24,365 | -€8,235 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €8,468 | €8,811 | +€342 | +4.0% |
| Trade debts | 44 | €13,326 | €7,577 | -€5,749 | -43.1% |
| Suppliers | 440/4 | €13,326 | €7,577 | -€5,749 | -43.1% |
| Taxes, remuneration and social security | 45 | €8,519 | €7,820 | -€699 | -8.2% |
| Taxes | 450/3 | €6,777 | €7,820 | +€1,043 | +15.4% |
| Remuneration and social security | 454/9 | €1,742 | - | -€1,742 | |
| Other amounts payable | 47/48 | €2,287 | €157 | -€2,130 | -93.1% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,562 | €10,523 | -€39 | -0.4% |
| Other operating charges | 640/8 | €2,118 | €1,451 | -€667 | -31.5% |
| Gross operating margin | 9900 | €13,845 | €16,736 | +€2,891 | +20.9% |
| Operating profit (loss) | 9901 | €1,165 | €4,762 | +€3,597 | +309% |
| Financial income | 75/76B | €10 | €12 | +€2 | +17.7% |
| Recurring financial income | 75 | €10 | €12 | +€2 | +17.7% |
| Financial charges | 65/66B | €1,501 | €989 | -€512 | -34.1% |
| Recurring financial charges | 65 | €1,501 | €989 | -€512 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€326 | €3,785 | +€4,111 | |
| Income taxes | 67/77 | €1,737 | €2,667 | +€930 | +53.5% |
| Profit (loss) for the period | 9904 | -€2,063 | €1,118 | +€3,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,063 | €1,118 | +€3,181 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.