SIXTO: 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.
SIXTO
Largest movements
- Tangible fixed assets -€1.2m
down €1.2m (-5.3%), from €23.7m to €22.4m
of which Land and buildings: -€1.2m
- Receivables within one year -€1.1m
down €1.1m (-73.7%), from €1.5m to €396,754
of which Other amounts receivable: -€898,954
- Debts after one year -€1.3m
down €1.3m (-5.7%), from €23.3m to €21.9m
- Trade debts -€1.2m
down €1.2m (-99.6%), from €1.2m to €4,492
- Current portion of long-term debt +€910,188
up €910,188 (+1,767%), from €51,497 to €961,685
- Profit (loss) carried forward -€738,783
down €738,783 (-55.0%), from -€1.3m to -€2.1m
- Accrued charges and deferred income +€567,085
up €567,085 (+344%), from €164,663 to €731,748
- Financial income +€955,207
up €955,207 (+564%), from €169,331 to €1.1m
of which Financial income: +€955,207
- Financial charges +€385,965
up €385,965 (+25.7%), from €1.5m to €1.9m
of which Non-recurring financial charges: +€625,568
- Depreciation +€32,710
up €32,710 (+2.7%), from €1.2m to €1.3m
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 | €26,190,551 | €23,833,235 | -€2.4m | -9.0% |
| Fixed assets | 21/28 | €24,680,901 | €23,436,481 | -€1.2m | -5.0% |
| Tangible fixed assets | 22/27 | €23,680,901 | €22,436,481 | -€1.2m | -5.3% |
| Land and buildings | 22 | €23,529,829 | €22,287,408 | -€1.2m | -5.3% |
| Furniture and vehicles | 24 | €151,072 | €149,073 | -€1,999 | -1.3% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €1,509,650 | €396,754 | -€1.1m | -73.7% |
| Amounts receivable within one year | 40/41 | €1,509,264 | €396,754 | -€1.1m | -73.7% |
| Trade receivables | 40 | €371,064 | €157,508 | -€213,556 | -57.6% |
| Other amounts receivable | 41 | €1,138,200 | €239,246 | -€898,954 | -79.0% |
| Cash at bank and in hand | 54/58 | €386 | - | -€386 | |
| Total equity and liabilities | 10/49 | €26,190,551 | €23,833,235 | -€2.4m | -9.0% |
| Equity | 10/15 | -€843,467 | -€1,582,250 | -€738,783 | -87.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Uncalled capital | 101 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €436,795 | €436,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €426,879 | €426,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,342,235 | -€2,081,018 | -€738,783 | -55.0% |
| Amounts payable | 17/49 | €27,034,018 | €25,415,485 | -€1.6m | -6.0% |
| Amounts payable after more than one year | 17 | €23,260,923 | €21,925,809 | -€1.3m | -5.7% |
| Financial debts | 170/4 | €23,260,923 | €21,925,809 | -€1.3m | -5.7% |
| Amounts payable within one year | 42/48 | €3,608,432 | €2,757,928 | -€850,504 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €51,497 | €961,685 | +€910,188 | +1,767% |
| Financial debts | 43 | €689,829 | €141,312 | -€548,517 | -79.5% |
| Credit institutions | 430/8 | €689,829 | €141,312 | -€548,517 | -79.5% |
| Trade debts | 44 | €1,165,932 | €4,492 | -€1.2m | -99.6% |
| Suppliers | 440/4 | €1,165,932 | €4,492 | -€1.2m | -99.6% |
| Taxes, remuneration and social security | 45 | €20,224 | €95 | -€20,129 | -99.5% |
| Taxes | 450/3 | €20,224 | €95 | -€20,129 | -99.5% |
| Other amounts payable | 47/48 | €1,680,950 | €1,650,344 | -€30,606 | -1.8% |
| Accrued charges and deferred income | 492/3 | €164,663 | €731,748 | +€567,085 | +344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,226,934 | €1,259,644 | +€32,710 | +2.7% |
| Other operating charges | 640/8 | €64,800 | €56,341 | -€8,459 | -13.1% |
| Gross operating margin | 9900 | €1,352,321 | €1,343,141 | -€9,180 | -0.7% |
| Operating profit (loss) | 9901 | €60,587 | €27,156 | -€33,431 | -55.2% |
| Financial income | 75/76B | €169,331 | €1,124,538 | +€955,207 | +564% |
| Recurring financial income | 75 | €169,331 | €1,124,538 | +€955,207 | +564% |
| Non-recurring financial income | 76B | €169,331 | €1,124,538 | +€955,207 | +564% |
| Financial charges | 65/66B | €1,504,512 | €1,890,477 | +€385,965 | +25.7% |
| Recurring financial charges | 65 | €1,504,512 | €1,264,909 | -€239,603 | -15.9% |
| Non-recurring financial charges | 66B | - | €625,568 | +€625,568 | |
| Profit (loss) for the period before taxes | 9903 | -€1,274,594 | -€738,783 | +€535,811 | +42.0% |
| Profit (loss) for the period | 9904 | -€1,274,594 | -€738,783 | +€535,811 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,274,594 | -€738,783 | +€535,811 | +42.0% |
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 16 October 2026 via checked.be.