Stix: 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.
Stix
Largest movements
- Cash -€26,221
down €26,221 (-19.5%), from €134,428 to €108,207
mainly Contributions, distributions and other (-€113,313) and Investment in fixed assets (net) (-€12,255)
- Tangible fixed assets +€10,356
up €10,356 (+953.5%), from €1,086 to €11,442
of which Other tangible fixed assets: +€8,656
- Receivables within one year +€6,925
up €6,925 (+60.2%), from €11,496 to €18,421
of which Other amounts receivable: +€5,897
- Reserves -€97,739
down €97,739 (-100.0%), from €97,739 to €0
- Other debts +€96,255
up €96,255 (+718.8%), from €13,391 to €109,646
- Tax, wage and social debts -€4,209
down €4,209 (-12.9%), from €32,717 to €28,508
of which Taxes: -€4,209
- Trade debts -€3,355
down €3,355 (-100.0%), from €3,355 to €0
- Gross operating margin -€26,489
down €26,489 (-51.7%), from €51,279 to €24,790
- Taxes -€5,695
down €5,695 (-58.1%), from €9,798 to €4,103
- Depreciation +€850
up €850 (+81.0%), from €1,049 to €1,899
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 | €149,202 | €140,154 | -€9,049 | -6.1% |
| Fixed assets | 21/28 | €1,086 | €11,442 | +€10,356 | +953.5% |
| Tangible fixed assets | 22/27 | €1,086 | €11,442 | +€10,356 | +953.5% |
| Plant, machinery and equipment | 23 | €1,086 | €37 | -€1,049 | -96.6% |
| Furniture and vehicles | 24 | - | €2,748 | +€2,748 | |
| Other tangible fixed assets | 26 | - | €8,656 | +€8,656 | |
| Current assets | 29/58 | €148,116 | €128,712 | -€19,404 | -13.1% |
| Amounts receivable within one year | 40/41 | €11,496 | €18,421 | +€6,925 | +60.2% |
| Trade receivables | 40 | €11,496 | €12,524 | +€1,027 | +8.9% |
| Other amounts receivable | 41 | - | €5,897 | +€5,897 | |
| Cash at bank and in hand | 54/58 | €134,428 | €108,207 | -€26,221 | -19.5% |
| Deferred charges and accrued income | 490/1 | €2,192 | €2,084 | -€107 | -4.9% |
| Total equity and liabilities | 10/49 | €149,202 | €140,154 | -€9,049 | -6.1% |
| Equity | 10/15 | €99,739 | €2,000 | -€97,739 | -98.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €97,739 | €0 | -€97,739 | -100.0% |
| Distributable reserves | 133 | €97,739 | €0 | -€97,739 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,463 | €138,154 | +€88,691 | +179.3% |
| Amounts payable within one year | 42/48 | €49,463 | €138,154 | +€88,691 | +179.3% |
| Trade debts | 44 | €3,355 | €0 | -€3,355 | -100.0% |
| Suppliers | 440/4 | €3,355 | €0 | -€3,355 | -100.0% |
| Taxes, remuneration and social security | 45 | €32,717 | €28,508 | -€4,209 | -12.9% |
| Taxes | 450/3 | €30,717 | €26,508 | -€4,209 | -13.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €13,391 | €109,646 | +€96,255 | +718.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,049 | €1,899 | +€850 | +81.0% |
| Other operating charges | 640/8 | €410 | €818 | +€409 | +99.7% |
| Gross operating margin | 9900 | €51,279 | €24,790 | -€26,489 | -51.7% |
| Operating profit (loss) | 9901 | €49,821 | €22,073 | -€27,748 | -55.7% |
| Financial charges | 65/66B | €2,902 | €2,396 | -€505 | -17.4% |
| Recurring financial charges | 65 | €2,902 | €2,396 | -€505 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €46,919 | €19,676 | -€27,243 | -58.1% |
| Income taxes | 67/77 | €9,798 | €4,103 | -€5,695 | -58.1% |
| Profit (loss) for the period | 9904 | €37,121 | €15,574 | -€21,548 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,121 | €15,574 | -€21,548 | -58.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.