SIX SYSTEMS: 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 SYSTEMS
Largest movements
- Tangible fixed assets +€29,462
up €29,462 (+775.9%), from €3,797 to €33,259
of which Furniture and vehicles: +€31,554
- Cash -€13,560
down €13,560 (-42.1%), from €32,184 to €18,624
mainly Investment in fixed assets (net) (-€32,794) and Net result for the year (-€17,718)
- Receivables within one year -€3,757
down €3,757 (-7.1%), from €52,825 to €49,068
of which Trade receivables: -€9,561
- Debts after one year +€24,949
new in 2025: €24,949
- Profit (loss) carried forward -€17,718
down €17,718, from €3,228 to -€14,490
- Current portion of long-term debt +€6,058
new in 2025: €6,058
- Trade debts -€3,058
down €3,058 (-24.9%), from €12,263 to €9,205
- Other debts +€1,834
up €1,834 (+32.8%), from €5,593 to €7,427
- Gross operating margin -€22,454
down €22,454, from €10,654 to -€11,800
- Depreciation +€951
up €951 (+40.0%), from €2,381 to €3,332
- Other operating charges +€703
up €703 (+142.9%), from €492 to €1,195
- Financial charges +€428
up €428 (+50.6%), from €845 to €1,273
- Financial income -€177
down €177 (-43.3%), from €410 to €233
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 | €92,397 | €104,447 | +€12,050 | +13.0% |
| Fixed assets | 21/28 | €3,797 | €33,259 | +€29,462 | +775.9% |
| Tangible fixed assets | 22/27 | €3,797 | €33,259 | +€29,462 | +775.9% |
| Land and buildings | 22 | - | €919 | +€919 | |
| Plant, machinery and equipment | 23 | €3,797 | €785 | -€3,012 | -79.3% |
| Furniture and vehicles | 24 | - | €31,554 | +€31,554 | |
| Current assets | 29/58 | €88,600 | €71,188 | -€17,412 | -19.7% |
| Stocks and contracts in progress | 3 | €3,341 | €3,247 | -€94 | -2.8% |
| Stocks | 30/36 | €3,341 | €3,247 | -€94 | -2.8% |
| Amounts receivable within one year | 40/41 | €52,825 | €49,068 | -€3,757 | -7.1% |
| Trade receivables | 40 | €50,344 | €40,783 | -€9,561 | -19.0% |
| Other amounts receivable | 41 | €2,481 | €8,285 | +€5,804 | +233.9% |
| Cash at bank and in hand | 54/58 | €32,184 | €18,624 | -€13,560 | -42.1% |
| Deferred charges and accrued income | 490/1 | €250 | €250 | = | 0.0% |
| Total equity and liabilities | 10/49 | €92,397 | €104,447 | +€12,050 | +13.0% |
| Equity | 10/15 | €73,988 | €56,270 | -€17,718 | -23.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €58,360 | €58,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,500 | €56,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,228 | -€14,490 | -€17,718 | |
| Amounts payable | 17/49 | €18,409 | €48,177 | +€29,768 | +161.7% |
| Amounts payable after more than one year | 17 | - | €24,949 | +€24,949 | |
| Financial debts | 170/4 | - | €24,949 | +€24,949 | |
| Amounts payable within one year | 42/48 | €18,409 | €23,100 | +€4,691 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,058 | +€6,058 | |
| Trade debts | 44 | €12,263 | €9,205 | -€3,058 | -24.9% |
| Suppliers | 440/4 | €12,263 | €9,205 | -€3,058 | -24.9% |
| Advances received on contracts in progress | 46 | - | €10 | +€10 | |
| Taxes, remuneration and social security | 45 | €553 | €400 | -€153 | -27.6% |
| Taxes | 450/3 | €553 | €400 | -€153 | -27.6% |
| Other amounts payable | 47/48 | €5,593 | €7,427 | +€1,834 | +32.8% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Non-recurring operating income | 76A | €14,463 | €3,000 | -€11,463 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,381 | €3,332 | +€951 | +40.0% |
| Other operating charges | 640/8 | €492 | €1,195 | +€703 | +142.9% |
| Non-recurring operating charges | 66A | €358 | €174 | -€184 | -51.4% |
| Gross operating margin | 9900 | €10,654 | -€11,800 | -€22,454 | |
| Operating profit (loss) | 9901 | €7,423 | -€16,502 | -€23,925 | |
| Financial income | 75/76B | €410 | €233 | -€177 | -43.3% |
| Recurring financial income | 75 | €410 | €233 | -€177 | -43.3% |
| Financial charges | 65/66B | €845 | €1,273 | +€428 | +50.6% |
| Recurring financial charges | 65 | €845 | €1,273 | +€428 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €6,988 | -€17,542 | -€24,530 | |
| Income taxes | 67/77 | €224 | €176 | -€48 | -21.4% |
| Profit (loss) for the period | 9904 | €6,764 | -€17,718 | -€24,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,764 | -€17,718 | -€24,482 |
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 9 October 2026 via checked.be.