Staxx: 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.
Staxx
Largest movements
- Receivables after one year -€30,000
down €30,000 (-30.8%), from €97,500 to €67,500
- Receivables within one year +€24,333
up €24,333 (+36.5%), from €66,715 to €91,048
of which Trade receivables: +€30,394
- Current investments +€23,471
up €23,471 (+40.4%), from €58,128 to €81,599
- Tangible fixed assets -€18,177
down €18,177 (-8.1%), from €223,819 to €205,643
of which Plant, machinery and equipment: -€10,046
- Deferred charges and accrued income +€6,755
up €6,755 (+989%), from €683 to €7,438
- Reserves +€27,283
up €27,283 (+11.9%), from €229,266 to €256,548
of which Distributable reserves: +€27,283
- Other debts -€18,385
down €18,385 (-57.8%), from €31,799 to €13,414
- Debts after one year -€13,261
down €13,261 (-6.7%), from €198,708 to €185,448
- Tax, wage and social debts +€9,348
up €9,348 (+44.6%), from €20,968 to €30,317
- Gross operating margin +€10,449
up €10,449 (+15.8%), from €66,126 to €76,574
- Financial charges +€4,125
up €4,125 (+46.4%), from €8,899 to €13,024
- Financial income +€2,535
up €2,535 (+354%), from €716 to €3,251
- Taxes +€2,523
up €2,523 (+24.9%), from €10,128 to €12,651
- Staff costs +€1,920
up €1,920, from €0 to €1,920
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 | €499,858 | €505,187 | +€5,329 | +1.1% |
| Fixed assets | 21/28 | €223,819 | €205,643 | -€18,177 | -8.1% |
| Tangible fixed assets | 22/27 | €223,819 | €205,643 | -€18,177 | -8.1% |
| Land and buildings | 22 | €183,785 | €179,561 | -€4,224 | -2.3% |
| Plant, machinery and equipment | 23 | €27,418 | €17,372 | -€10,046 | -36.6% |
| Furniture and vehicles | 24 | €12,617 | €8,710 | -€3,907 | -31.0% |
| Current assets | 29/58 | €276,039 | €299,545 | +€23,506 | +8.5% |
| Amounts receivable after more than one year | 29 | €97,500 | €67,500 | -€30,000 | -30.8% |
| Trade receivables | 290 | €97,500 | €67,500 | -€30,000 | -30.8% |
| Amounts receivable within one year | 40/41 | €66,715 | €91,048 | +€24,333 | +36.5% |
| Trade receivables | 40 | €38,897 | €69,290 | +€30,394 | +78.1% |
| Other amounts receivable | 41 | €27,818 | €21,757 | -€6,061 | -21.8% |
| Current investments | 50/53 | €58,128 | €81,599 | +€23,471 | +40.4% |
| Cash at bank and in hand | 54/58 | €53,013 | €51,960 | -€1,053 | -2.0% |
| Deferred charges and accrued income | 490/1 | €683 | €7,438 | +€6,755 | +989% |
| Total equity and liabilities | 10/49 | €499,858 | €505,187 | +€5,329 | +1.1% |
| Equity | 10/15 | €235,466 | €262,748 | +€27,283 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €229,266 | €256,548 | +€27,283 | +11.9% |
| 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 | €227,406 | €254,688 | +€27,283 | +12.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €264,393 | €242,439 | -€21,954 | -8.3% |
| Amounts payable after more than one year | 17 | €198,708 | €185,448 | -€13,261 | -6.7% |
| Financial debts | 170/4 | €198,708 | €185,448 | -€13,261 | -6.7% |
| Amounts payable within one year | 42/48 | €65,684 | €56,991 | -€8,693 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €12,917 | €13,261 | +€344 | +2.7% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €20,968 | €30,317 | +€9,348 | +44.6% |
| Taxes | 450/3 | €20,968 | €30,317 | +€9,348 | +44.6% |
| Other amounts payable | 47/48 | €31,799 | €13,414 | -€18,385 | -57.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €10,397 | +€10,397 | |
| Remuneration, social security and pensions | 62 | €0 | €1,920 | +€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,256 | €19,306 | -€950 | -4.7% |
| Other operating charges | 640/8 | €5,085 | €4,809 | -€276 | -5.4% |
| Gross operating margin | 9900 | €66,126 | €76,574 | +€10,449 | +15.8% |
| Operating profit (loss) | 9901 | €40,785 | €50,540 | +€9,755 | +23.9% |
| Financial income | 75/76B | €716 | €3,251 | +€2,535 | +354% |
| Recurring financial income | 75 | €716 | €3,251 | +€2,535 | +354% |
| Financial charges | 65/66B | €8,899 | €13,024 | +€4,125 | +46.4% |
| Recurring financial charges | 65 | €8,899 | €13,024 | +€4,125 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €32,603 | €40,767 | +€8,164 | +25.0% |
| Income taxes | 67/77 | €10,128 | €12,651 | +€2,523 | +24.9% |
| Profit (loss) for the period | 9904 | €22,475 | €28,116 | +€5,641 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,475 | €28,116 | +€5,641 | +25.1% |
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 31 October 2026 via checked.be.