Stix Strategy: 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 Strategy
Largest movements
- Cash +€44,064
up €44,064 (+330.2%), from €13,345 to €57,409
mainly Net result for the year (+€61,967) and Current investments (+€20,970)
- Current investments -€20,970
down €20,970 (-65.5%), from €31,998 to €11,028
- Receivables within one year +€7,092
up €7,092 (+48.3%), from €14,696 to €21,788
of which Other amounts receivable: +€9,588
- Other debts +€19,263
up €19,263 (+53.1%), from €36,305 to €55,567
- Reserves +€6,400
up €6,400, from €0 to €6,400
- Tax, wage and social debts +€5,829
up €5,829 (+99.1%), from €5,879 to €11,708
of which Taxes: +€3,309
- Gross operating margin +€63,929
up €63,929 (+550.9%), from €11,604 to €75,533
- Taxes +€12,012
up €12,012 (+286.3%), from €4,195 to €16,207
- Financial income +€8,649
up €8,649 (+4686.8%), from €185 to €8,833
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 | €64,268 | €95,229 | +€30,961 | +48.2% |
| Fixed assets | 21/28 | €3,976 | €4,330 | +€354 | +8.9% |
| Tangible fixed assets | 22/27 | €3,976 | €4,330 | +€354 | +8.9% |
| Plant, machinery and equipment | 23 | €636 | €229 | -€407 | -64.0% |
| Furniture and vehicles | 24 | €3,339 | €4,100 | +€761 | +22.8% |
| Current assets | 29/58 | €60,292 | €90,900 | +€30,607 | +50.8% |
| Amounts receivable within one year | 40/41 | €14,696 | €21,788 | +€7,092 | +48.3% |
| Trade receivables | 40 | €14,696 | €12,200 | -€2,496 | -17.0% |
| Other amounts receivable | 41 | €0 | €9,588 | +€9,588 | |
| Current investments | 50/53 | €31,998 | €11,028 | -€20,970 | -65.5% |
| Cash at bank and in hand | 54/58 | €13,345 | €57,409 | +€44,064 | +330.2% |
| Deferred charges and accrued income | 490/1 | €254 | €675 | +€422 | +166.2% |
| Total equity and liabilities | 10/49 | €64,268 | €95,229 | +€30,961 | +48.2% |
| Equity | 10/15 | €18,600 | €25,000 | +€6,400 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | €6,400 | +€6,400 | |
| Distributable reserves | 133 | €0 | €6,400 | +€6,400 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,668 | €70,229 | +€24,561 | +53.8% |
| Amounts payable within one year | 42/48 | €44,329 | €69,821 | +€25,492 | +57.5% |
| Trade debts | 44 | €2,145 | €2,546 | +€401 | +18.7% |
| Suppliers | 440/4 | €2,145 | €2,546 | +€401 | +18.7% |
| Taxes, remuneration and social security | 45 | €5,879 | €11,708 | +€5,829 | +99.1% |
| Taxes | 450/3 | €5,879 | €9,189 | +€3,309 | +56.3% |
| Remuneration and social security | 454/9 | - | €2,519 | +€2,519 | |
| Other amounts payable | 47/48 | €36,305 | €55,567 | +€19,263 | +53.1% |
| Accrued charges and deferred income | 492/3 | €1,339 | €408 | -€931 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,428 | €1,106 | -€322 | -22.5% |
| Other operating charges | 640/8 | €1,169 | €1,419 | +€250 | +21.4% |
| Non-recurring operating charges | 66A | - | €3,339 | +€3,339 | |
| Gross operating margin | 9900 | €11,604 | €75,533 | +€63,929 | +550.9% |
| Operating profit (loss) | 9901 | €9,007 | €69,668 | +€60,661 | +673.5% |
| Financial income | 75/76B | €185 | €8,833 | +€8,649 | +4686.8% |
| Recurring financial income | 75 | €185 | €8,833 | +€8,649 | +4686.8% |
| Financial charges | 65/66B | €140 | €327 | +€188 | +134.4% |
| Recurring financial charges | 65 | €140 | €327 | +€188 | +134.4% |
| Profit (loss) for the period before taxes | 9903 | €9,052 | €78,174 | +€69,123 | +763.6% |
| Income taxes | 67/77 | €4,195 | €16,207 | +€12,012 | +286.3% |
| Profit (loss) for the period | 9904 | €4,857 | €61,967 | +€57,110 | +1175.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,857 | €61,967 | +€57,110 | +1175.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.