STEXX: 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.
STEXX
Largest movements
- Cash -€5,013
down €5,013 (-29.7%), from €16,888 to €11,874
mainly Contributions, distributions and other (-€23,101) and Tax, wage and social debts (-€8,491)
- Receivables within one year -€3,976
down €3,976 (-13.8%), from €28,823 to €24,846
of which Trade receivables: -€3,966
- Tangible fixed assets -€3,091
down €3,091 (-4.8%), from €64,591 to €61,500
of which Furniture and vehicles: -€8,826
- Other debts +€22,037
up €22,037 (+373%), from €5,905 to €27,942
- Reserves -€20,420
down €20,420 (-31.1%), from €65,668 to €45,248
- Tax, wage and social debts -€8,491
down €8,491 (-50.8%), from €16,715 to €8,224
of which Taxes: -€11,952
- Debts after one year -€6,713
down €6,713 (-53.5%), from €12,547 to €5,834
- Accrued charges and deferred income +€1,457
up €1,457 (+971%), from €150 to €1,607
- Gross operating margin -€57,280
down €57,280 (-80.2%), from €71,431 to €14,151
- Taxes -€15,763
down €15,763 (-95.4%), from €16,530 to €767
- Depreciation -€2,047
down €2,047 (-20.5%), from €9,977 to €7,930
- Financial charges +€1,776
up €1,776 (+278%), from €640 to €2,416
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 | €111,608 | €98,989 | -€12,619 | -11.3% |
| Fixed assets | 21/28 | €64,591 | €61,500 | -€3,091 | -4.8% |
| Tangible fixed assets | 22/27 | €64,591 | €61,500 | -€3,091 | -4.8% |
| Land and buildings | 22 | €33,208 | €35,696 | +€2,488 | +7.5% |
| Plant, machinery and equipment | 23 | - | €3,247 | +€3,247 | |
| Furniture and vehicles | 24 | €31,383 | €22,557 | -€8,826 | -28.1% |
| Current assets | 29/58 | €47,017 | €37,489 | -€9,528 | -20.3% |
| Amounts receivable within one year | 40/41 | €28,823 | €24,846 | -€3,976 | -13.8% |
| Trade receivables | 40 | €28,812 | €24,846 | -€3,966 | -13.8% |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100% |
| Cash at bank and in hand | 54/58 | €16,888 | €11,874 | -€5,013 | -29.7% |
| Deferred charges and accrued income | 490/1 | €1,307 | €768 | -€538 | -41.2% |
| Total equity and liabilities | 10/49 | €111,608 | €98,989 | -€12,619 | -11.3% |
| Equity | 10/15 | €68,668 | €48,248 | -€20,420 | -29.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,668 | €45,248 | -€20,420 | -31.1% |
| Distributable reserves | 133 | €65,668 | €45,248 | -€20,420 | -31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,940 | €50,741 | +€7,800 | +18.2% |
| Amounts payable after more than one year | 17 | €12,547 | €5,834 | -€6,713 | -53.5% |
| Financial debts | 170/4 | €12,547 | €5,834 | -€6,713 | -53.5% |
| Amounts payable within one year | 42/48 | €30,243 | €43,299 | +€13,056 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €6,413 | €6,713 | +€301 | +4.7% |
| Trade debts | 44 | €1,211 | €421 | -€790 | -65.2% |
| Suppliers | 440/4 | €1,211 | €421 | -€790 | -65.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,715 | €8,224 | -€8,491 | -50.8% |
| Taxes | 450/3 | €16,715 | €4,762 | -€11,952 | -71.5% |
| Remuneration and social security | 454/9 | - | €3,461 | +€3,461 | |
| Other amounts payable | 47/48 | €5,905 | €27,942 | +€22,037 | +373% |
| Accrued charges and deferred income | 492/3 | €150 | €1,607 | +€1,457 | +971% |
| Non-recurring operating income | 76A | - | €2,057 | +€2,057 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,977 | €7,930 | -€2,047 | -20.5% |
| Other operating charges | 640/8 | €1,053 | €357 | -€696 | -66.1% |
| Non-recurring operating charges | 66A | €888 | €0 | -€888 | -100% |
| Gross operating margin | 9900 | €71,431 | €14,151 | -€57,280 | -80.2% |
| Operating profit (loss) | 9901 | €59,514 | €5,865 | -€53,649 | -90.1% |
| Financial income | 75/76B | €223 | €0 | -€223 | -100% |
| Recurring financial income | 75 | €223 | €0 | -€223 | -100% |
| Financial charges | 65/66B | €640 | €2,416 | +€1,776 | +278% |
| Recurring financial charges | 65 | €640 | €2,416 | +€1,776 | +278% |
| Profit (loss) for the period before taxes | 9903 | €59,097 | €3,449 | -€55,648 | -94.2% |
| Income taxes | 67/77 | €16,530 | €767 | -€15,763 | -95.4% |
| Profit (loss) for the period | 9904 | €42,567 | €2,681 | -€39,885 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,567 | €2,681 | -€39,885 | -93.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.