STIX ‘N’ TRIX: 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.
STIX ‘N’ TRIX
Largest movements
- Tangible fixed assets -€9,869
no longer reported in 2025 (was €9,869)
- Cash +€5,901
up €5,901 (+61.2%), from €9,649 to €15,550
mainly Depreciation (+€9,869) and Trade debts (+€115)
- Receivables within one year +€2,087
up €2,087 (+165%), from €1,268 to €3,355
of which Trade receivables: +€2,887
- Stocks and contracts +€628
up €628 (+8.5%), from €7,375 to €8,003
- Profit (loss) carried forward -€867
down €867 (-3.0%), from -€28,853 to -€29,720
- Depreciation -€6,830
down €6,830 (-40.9%), from €16,699 to €9,869
- Gross operating margin -€1,272
down €1,272 (-11.5%), from €11,109 to €9,837
- Taxes -€400
new in 2025: -€400
- Other operating charges -€112
down €112 (-9.6%), from €1,162 to €1,050
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 | €28,161 | €26,908 | -€1,253 | -4.4% |
| Fixed assets | 21/28 | €9,869 | - | -€9,869 | |
| Tangible fixed assets | 22/27 | €9,869 | - | -€9,869 | |
| Furniture and vehicles | 24 | €9,869 | - | -€9,869 | |
| Current assets | 29/58 | €18,292 | €26,908 | +€8,616 | +47.1% |
| Stocks and contracts in progress | 3 | €7,375 | €8,003 | +€628 | +8.5% |
| Stocks | 30/36 | €7,375 | €8,003 | +€628 | +8.5% |
| Amounts receivable within one year | 40/41 | €1,268 | €3,355 | +€2,087 | +165% |
| Trade receivables | 40 | €468 | €3,355 | +€2,887 | +617% |
| Other amounts receivable | 41 | €800 | - | -€800 | |
| Cash at bank and in hand | 54/58 | €9,649 | €15,550 | +€5,901 | +61.2% |
| Total equity and liabilities | 10/49 | €28,161 | €26,908 | -€1,253 | -4.4% |
| Equity | 10/15 | -€10,253 | -€11,120 | -€867 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,853 | -€29,720 | -€867 | -3.0% |
| Amounts payable | 17/49 | €38,414 | €38,028 | -€386 | -1.0% |
| Amounts payable within one year | 42/48 | €38,414 | €38,028 | -€386 | -1.0% |
| Trade debts | 44 | - | €115 | +€115 | |
| Suppliers | 440/4 | - | €115 | +€115 | |
| Taxes, remuneration and social security | 45 | €681 | €452 | -€229 | -33.6% |
| Taxes | 450/3 | €681 | €452 | -€229 | -33.6% |
| Other amounts payable | 47/48 | €37,733 | €37,461 | -€272 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,699 | €9,869 | -€6,830 | -40.9% |
| Other operating charges | 640/8 | €1,162 | €1,050 | -€112 | -9.6% |
| Gross operating margin | 9900 | €11,109 | €9,837 | -€1,272 | -11.5% |
| Operating profit (loss) | 9901 | -€6,752 | -€1,082 | +€5,670 | +84.0% |
| Financial charges | 65/66B | €155 | €185 | +€30 | +19.4% |
| Recurring financial charges | 65 | €155 | €185 | +€30 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,907 | -€1,267 | +€5,640 | +81.7% |
| Income taxes | 67/77 | - | -€400 | -€400 | |
| Profit (loss) for the period | 9904 | -€6,907 | -€867 | +€6,040 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,907 | -€867 | +€6,040 | +87.4% |
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 20 October 2026 via checked.be.