Stilix: what changed
Two fiscal 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.
Stilix
Largest movements
- Stocks and contracts +€473,234
up €473,234 (+2010.7%), from €23,536 to €496,770
- Receivables within one year +€128,589
up €128,589 (+26.9%), from €478,099 to €606,688
of which Trade receivables: +€167,658
- Tangible fixed assets -€29,086
down €29,086 (-29.1%), from €99,897 to €70,810
of which Furniture and vehicles: -€45,863
- Deferred charges and accrued income -€26,849
down €26,849 (-100.0%), from €26,849 to €0
- Trade debts +€421,655
up €421,655 (+250.0%), from €168,683 to €590,339
- Debts after one year +€84,359
up €84,359 (+55.6%), from €151,776 to €236,135
- Other debts +€64,008
up €64,008 (+73.2%), from €87,401 to €151,408
- Current portion of long-term debt -€33,846
down €33,846 (-57.3%), from €59,117 to €25,271
- Gross operating margin -€75,541
down €75,541 (-35.4%), from €213,148 to €137,608
- Staff costs -€53,850
down €53,850 (-36.5%), from €147,661 to €93,811
- Depreciation -€8,654
down €8,654 (-36.4%), from €23,776 to €15,122
- Taxes -€7,423
down €7,423 (-68.7%), from €10,811 to €3,388
- Financial income -€6,267
down €6,267 (-100.0%), from €6,268 to €1
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 | €629,212 | €1,174,690 | +€545,478 | +86.7% |
| Fixed assets | 21/28 | €100,035 | €70,948 | -€29,086 | -29.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €99,897 | €70,810 | -€29,086 | -29.1% |
| Plant, machinery and equipment | 23 | €1,588 | €763 | -€825 | -51.9% |
| Furniture and vehicles | 24 | €59,411 | €13,548 | -€45,863 | -77.2% |
| Other tangible fixed assets | 26 | €38,898 | €56,498 | +€17,601 | +45.2% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €529,177 | €1,103,742 | +€574,564 | +108.6% |
| Stocks and contracts in progress | 3 | €23,536 | €496,770 | +€473,234 | +2010.7% |
| Stocks | 30/36 | €23,536 | €496,770 | +€473,234 | +2010.7% |
| Amounts receivable within one year | 40/41 | €478,099 | €606,688 | +€128,589 | +26.9% |
| Trade receivables | 40 | €282,152 | €449,810 | +€167,658 | +59.4% |
| Other amounts receivable | 41 | €195,947 | €156,878 | -€39,069 | -19.9% |
| Cash at bank and in hand | 54/58 | €693 | €283 | -€409 | -59.1% |
| Deferred charges and accrued income | 490/1 | €26,849 | €0 | -€26,849 | -100.0% |
| Total equity and liabilities | 10/49 | €629,212 | €1,174,690 | +€545,478 | +86.7% |
| Equity | 10/15 | €130,174 | €126,690 | -€3,484 | -2.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €125,174 | €121,690 | -€3,484 | -2.8% |
| Distributable reserves | 133 | €125,174 | €121,690 | -€3,484 | -2.8% |
| Amounts payable | 17/49 | €499,038 | €1,048,000 | +€548,962 | +110.0% |
| Amounts payable after more than one year | 17 | €151,776 | €236,135 | +€84,359 | +55.6% |
| Financial debts | 170/4 | €151,776 | €236,135 | +€84,359 | +55.6% |
| Amounts payable within one year | 42/48 | €347,262 | €811,865 | +€464,603 | +133.8% |
| Current portion of amounts payable after more than one year | 42 | €59,117 | €25,271 | -€33,846 | -57.3% |
| Financial debts | 43 | - | €3,403 | +€3,403 | |
| Credit institutions | 430/8 | - | €3,403 | +€3,403 | |
| Trade debts | 44 | €168,683 | €590,339 | +€421,655 | +250.0% |
| Suppliers | 440/4 | €168,683 | €590,339 | +€421,655 | +250.0% |
| Taxes, remuneration and social security | 45 | €32,061 | €41,445 | +€9,383 | +29.3% |
| Taxes | 450/3 | €3,201 | €4,370 | +€1,169 | +36.5% |
| Remuneration and social security | 454/9 | €28,860 | €37,075 | +€8,215 | +28.5% |
| Other amounts payable | 47/48 | €87,401 | €151,408 | +€64,008 | +73.2% |
| Non-recurring operating income | 76A | €393,811 | €70,000 | -€323,811 | -82.2% |
| Remuneration, social security and pensions | 62 | €147,661 | €93,811 | -€53,850 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,776 | €15,122 | -€8,654 | -36.4% |
| Other operating charges | 640/8 | €999 | €732 | -€266 | -26.6% |
| Non-recurring operating charges | 66A | - | €10,759 | +€10,759 | |
| Gross operating margin | 9900 | €213,148 | €137,608 | -€75,541 | -35.4% |
| Operating profit (loss) | 9901 | €40,713 | €17,183 | -€23,531 | -57.8% |
| Financial income | 75/76B | €6,268 | €1 | -€6,267 | -100.0% |
| Recurring financial income | 75 | €6,268 | €1 | -€6,267 | -100.0% |
| Financial charges | 65/66B | €14,907 | €17,279 | +€2,372 | +15.9% |
| Recurring financial charges | 65 | €14,907 | €17,279 | +€2,372 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €32,074 | -€96 | -€32,170 | |
| Income taxes | 67/77 | €10,811 | €3,388 | -€7,423 | -68.7% |
| Profit (loss) for the period | 9904 | €21,263 | -€3,484 | -€24,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,263 | -€3,484 | -€24,747 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.