STX Finance: what changed
What changed
STX Finance
NACE 77.120, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.8m-€171,728
Equity
€14.6m
2024 · €12.9m+€1.6m
Cash
€652
2024 · €5,836-€5,184
Balance sheet total
€28.9m
2024 · €23.8m+€5.1m
Largest movements
Assets
- Receivables within one year +€2.2m
up €2.2m (+65.8%), from €3.3m to €5.4m
of which Other amounts receivable: +€1.8m
- Tangible fixed assets +€2.0m
up €2.0m (+33.8%), from €5.9m to €7.9m
- Receivables after one year +€804,045
up €804,045 (+6.9%), from €11.6m to €12.5m
Equity and liabilities
- Accrued charges and deferred income +€2.9m
up €2.9m (+45.7%), from €6.4m to €9.3m
- Trade debts +€2.0m
up €2.0m (+118%), from €1.7m to €3.6m
- Debts after one year -€1.6m
down €1.6m (-89.4%), from €1.8m to €188,801
of which Other amounts payable: -€1.5m
- Reserves +€1.0m
up €1.0m (+106%), from €968,628 to €2.0m
of which Tax-exempt reserves: +€997,770
- Profit (loss) carried forward +€615,014
up €615,014 (+5.9%), from €10.4m to €11.1m
Income statement
- Turnover +€3.7m
up €3.7m (+12.3%), from €30.2m to €33.9m
- Goods and materials +€2.2m
up €2.2m (+8.5%), from €25.8m to €28.0m
of which Purchases: +€2.2m
- Depreciation +€1.6m
up €1.6m (+129%), from €1.3m to €2.9m
- Other operating charges +€684,491
up €684,491 (+492%), from €138,989 to €823,480
- Write-downs -€487,705
down €487,705, from €230,372 to -€257,334
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.8m
Turnover
+€3.7m
Other operating income
+€368,223
Goods and materials
-€2.2m
Services and other goods
-€351,058
Depreciation
-€1.6m
Write-downs
+€487,705
Other operating charges
-€684,491
Financial income
-€48,681
Financial charges
+€89,774
Taxes
+€81,229
Result 2025
€1.6m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6.4m
Investment
-€4.9m
Financing
-€1.6m
Cash 2024
€5,836
From operations (derived)
+€6.4m
Net result for the year
+€1.6m
Depreciation
+€2.9m
Receivables after one year
-€804,045
Stocks and contracts
+€8,727
Receivables within one year
-€2.2m
Deferred charges and accrued income
-€189,602
Trade debts
+€2.0m
Tax, wage and social debts
-€51,410
Advances received
-€53,410
Other debts
+€291,951
Accrued charges and deferred income
+€2.9m
Investment (derived)
-€4.9m
Investment in fixed assets (net)
-€4.9m
Financing
-€1.6m
Debts after one year
-€1.6m
Current portion of long-term debt
+€1,376
Cash 2025
€652
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,795,029 | €28,910,781 | +€5.1m | +21.5% |
| Fixed assets | 21/28 | €5,902,263 | €7,885,912 | +€2.0m | +33.6% |
| Intangible fixed assets | 21 | €3,424 | €1,974 | -€1,450 | -42.3% |
| Tangible fixed assets | 22/27 | €5,875,840 | €7,860,938 | +€2.0m | +33.8% |
| Other tangible fixed assets | 26 | €5,875,840 | €7,860,938 | +€2.0m | +33.8% |
| Financial fixed assets | 28 | €23,000 | €23,000 | = | 0.0% |
| Affiliated companies | 280/1 | €23,000 | €23,000 | = | 0.0% |
| Participating interests | 280 | €23,000 | €23,000 | = | 0.0% |
| Current assets | 29/58 | €17,892,766 | €21,024,870 | +€3.1m | +17.5% |
| Amounts receivable after more than one year | 29 | €11,648,276 | €12,452,321 | +€804,045 | +6.9% |
| Other amounts receivable | 291 | €11,648,276 | €12,452,321 | +€804,045 | +6.9% |
| Stocks and contracts in progress | 3 | €17,055 | €8,328 | -€8,727 | -51.2% |
| Stocks | 30/36 | €17,055 | €8,328 | -€8,727 | -51.2% |
| Goods purchased for resale | 34 | €17,055 | €8,328 | -€8,727 | -51.2% |
| Amounts receivable within one year | 40/41 | €3,272,552 | €5,424,919 | +€2.2m | +65.8% |
| Trade receivables | 40 | €1,559,080 | €1,894,845 | +€335,765 | +21.5% |
| Other amounts receivable | 41 | €1,713,472 | €3,530,074 | +€1.8m | +106% |
| Cash at bank and in hand | 54/58 | €5,836 | €652 | -€5,184 | -88.8% |
| Deferred charges and accrued income | 490/1 | €2,949,047 | €3,138,649 | +€189,602 | +6.4% |
| Total equity and liabilities | 10/49 | €23,795,029 | €28,910,781 | +€5.1m | +21.5% |
| Equity | 10/15 | €12,917,142 | €14,562,295 | +€1.6m | +12.7% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €968,628 | €1,998,767 | +€1.0m | +106% |
| Non-distributable reserves | 130/1 | €38,628 | €70,997 | +€32,369 | +83.8% |
| Reserves not available under the articles | 1311 | €38,628 | €70,997 | +€32,369 | +83.8% |
| Tax-exempt reserves | 132 | - | €997,770 | +€997,770 | |
| Distributable reserves | 133 | €930,000 | €930,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,448,514 | €11,063,528 | +€615,014 | +5.9% |
| Amounts payable | 17/49 | €10,877,887 | €14,348,487 | +€3.5m | +31.9% |
| Amounts payable after more than one year | 17 | €1,782,238 | €188,801 | -€1.6m | -89.4% |
| Financial debts | 170/4 | €248,689 | €169,501 | -€79,188 | -31.8% |
| Credit institutions | 173 | €248,689 | €169,501 | -€79,188 | -31.8% |
| Other loans | 174 | €0 | - | = | |
| Other amounts payable | 178/9 | €1,533,549 | €19,300 | -€1.5m | -98.7% |
| Amounts payable within one year | 42/48 | €2,697,086 | €4,836,701 | +€2.1m | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €77,812 | €79,188 | +€1,376 | +1.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,651,340 | €3,602,449 | +€2.0m | +118% |
| Suppliers | 440/4 | €1,651,340 | €3,602,449 | +€2.0m | +118% |
| Advances received on contracts in progress | 46 | €213,363 | €159,954 | -€53,410 | -25.0% |
| Taxes, remuneration and social security | 45 | €51,410 | €0 | -€51,410 | -100% |
| Taxes | 450/3 | €51,410 | €0 | -€51,410 | -100% |
| Other amounts payable | 47/48 | €703,160 | €995,111 | +€291,951 | +41.5% |
| Accrued charges and deferred income | 492/3 | €6,398,563 | €9,322,984 | +€2.9m | +45.7% |
| Operating income | 70/76A | €30,528,658 | €34,598,176 | +€4.1m | +13.3% |
| Turnover | 70 | €30,193,604 | €33,894,900 | +€3.7m | +12.3% |
| Other operating income | 74 | €335,054 | €703,277 | +€368,223 | +110% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €28,547,569 | €32,911,136 | +€4.4m | +15.3% |
| Goods for resale, raw materials and consumables | 60 | €25,772,498 | €27,967,990 | +€2.2m | +8.5% |
| Purchases | 600/8 | €25,780,911 | €27,959,263 | +€2.2m | +8.4% |
| Change in stocks: decrease (increase) | 609 | -€8,413 | €8,727 | +€17,140 | |
| Services and other goods | 61 | €1,150,433 | €1,501,491 | +€351,058 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,255,277 | €2,875,509 | +€1.6m | +129% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €230,372 | -€257,334 | -€487,705 | |
| Other operating charges | 640/8 | €138,989 | €823,480 | +€684,491 | +492% |
| Operating profit (loss) | 9901 | €1,981,089 | €1,687,040 | -€294,049 | -14.8% |
| Financial income | 75/76B | €565,218 | €516,537 | -€48,681 | -8.6% |
| Recurring financial income | 75 | €565,218 | €516,537 | -€48,681 | -8.6% |
| Income from financial fixed assets | 750 | €565,206 | €516,427 | -€48,780 | -8.6% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €11 | €110 | +€99 | +882% |
| Financial charges | 65/66B | €116,403 | €26,629 | -€89,774 | -77.1% |
| Recurring financial charges | 65 | €116,403 | €26,629 | -€89,774 | -77.1% |
| Debt charges | 650 | €101,082 | €14,403 | -€86,679 | -85.8% |
| Other financial charges | 652/9 | €15,321 | €12,226 | -€3,095 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €2,429,904 | €2,176,948 | -€252,956 | -10.4% |
| Income taxes | 67/77 | €613,023 | €531,794 | -€81,229 | -13.3% |
| Taxes | 670/3 | €613,023 | €531,794 | -€81,229 | -13.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,816,881 | €1,645,153 | -€171,728 | -9.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | - | €997,770 | +€997,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,816,881 | €647,383 | -€1.2m | -64.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.