STX Commodities (Belgium): 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.
STX Commodities (Belgium)
Largest movements
- Receivables within one year +€3.3m
up €3.3m (+291.0%), from €1.1m to €4.4m
of which Trade receivables: +€3.2m
- Tangible fixed assets +€340,626
new in 2025: €340,626
- Cash +€248,454
up €248,454 (+560.7%), from €44,310 to €292,764
mainly Trade debts (+€3.5m) and Net result for the year (+€240,406)
- Trade debts +€3.5m
up €3.5m (+377.0%), from €924,266 to €4.4m
- Profit (loss) carried forward +€240,406
up €240,406 (+336.0%), from €71,551 to €311,957
- Tax, wage and social debts +€82,760
up €82,760 (+48.7%), from €169,933 to €252,693
of which Remuneration and social security: +€55,497
- Accrued charges and deferred income +€59,527
up €59,527 (+14120.2%), from €422 to €59,948
- Gross operating margin +€646,491
up €646,491 (+133.9%), from €482,690 to €1.1m
- Staff costs +€328,690
up €328,690 (+87.3%), from €376,694 to €705,384
- Taxes +€64,002
up €64,002 (+228.6%), from €28,001 to €92,002
- Depreciation +€53,351
new in 2025: €53,351
- Financial charges +€23,053
up €23,053 (+360.3%), from €6,399 to €29,452
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 | €1,168,171 | €5,035,257 | +€3.9m | +331.0% |
| Fixed assets | 21/28 | - | €340,626 | +€340,626 | |
| Tangible fixed assets | 22/27 | - | €340,626 | +€340,626 | |
| Other tangible fixed assets | 26 | - | €340,626 | +€340,626 | |
| Current assets | 29/58 | €1,168,171 | €4,694,630 | +€3.5m | +301.9% |
| Stocks and contracts in progress | 3 | - | €14,465 | +€14,465 | |
| Stocks | 30/36 | - | €14,465 | +€14,465 | |
| Amounts receivable within one year | 40/41 | €1,122,007 | €4,387,401 | +€3.3m | +291.0% |
| Trade receivables | 40 | €1,095,069 | €4,267,352 | +€3.2m | +289.7% |
| Other amounts receivable | 41 | €26,938 | €120,049 | +€93,111 | +345.7% |
| Cash at bank and in hand | 54/58 | €44,310 | €292,764 | +€248,454 | +560.7% |
| Deferred charges and accrued income | 490/1 | €1,854 | €0 | -€1,854 | -100.0% |
| Total equity and liabilities | 10/49 | €1,168,171 | €5,035,257 | +€3.9m | +331.0% |
| Equity | 10/15 | €73,551 | €313,957 | +€240,406 | +326.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,551 | €311,957 | +€240,406 | +336.0% |
| Amounts payable | 17/49 | €1,094,620 | €4,721,300 | +€3.6m | +331.3% |
| Amounts payable within one year | 42/48 | €1,094,199 | €4,661,351 | +€3.6m | +326.0% |
| Trade debts | 44 | €924,266 | €4,408,658 | +€3.5m | +377.0% |
| Suppliers | 440/4 | €924,266 | €4,408,658 | +€3.5m | +377.0% |
| Taxes, remuneration and social security | 45 | €169,933 | €252,693 | +€82,760 | +48.7% |
| Taxes | 450/3 | €31,016 | €58,280 | +€27,264 | +87.9% |
| Remuneration and social security | 454/9 | €138,917 | €194,413 | +€55,497 | +39.9% |
| Accrued charges and deferred income | 492/3 | €422 | €59,948 | +€59,527 | +14120.2% |
| Remuneration, social security and pensions | 62 | €376,694 | €705,384 | +€328,690 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €53,351 | +€53,351 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,758 | +€7,758 | |
| Other operating charges | 640/8 | €45 | €838 | +€793 | +1761.3% |
| Gross operating margin | 9900 | €482,690 | €1,129,181 | +€646,491 | +133.9% |
| Operating profit (loss) | 9901 | €105,951 | €361,850 | +€255,899 | +241.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €6,399 | €29,452 | +€23,053 | +360.3% |
| Recurring financial charges | 65 | €6,399 | €29,452 | +€23,053 | +360.3% |
| Profit (loss) for the period before taxes | 9903 | €99,552 | €332,408 | +€232,856 | +233.9% |
| Income taxes | 67/77 | €28,001 | €92,002 | +€64,002 | +228.6% |
| Profit (loss) for the period | 9904 | €71,551 | €240,406 | +€168,855 | +236.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,551 | €240,406 | +€168,855 | +236.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.