STXC: 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.
STXC
Largest movements
- Cash +€55,357
up €55,357 (+53.1%), from €104,167 to €159,524
mainly Net result for the year (+€179,255) and Depreciation (+€4,477)
- Receivables within one year +€20,246
up €20,246 (+1805.4%), from €1,121 to €21,367
of which Trade receivables: +€21,367
- Tangible fixed assets -€4,477
down €4,477 (-19.4%), from €23,027 to €18,549
of which Other tangible fixed assets: -€4,068
- Reserves +€68,539
up €68,539 (+60.9%), from €112,571 to €181,110
of which Distributable reserves: +€68,539
- Gross operating margin +€93,784
up €93,784 (+63.2%), from €148,363 to €242,147
- Taxes +€25,492
up €25,492 (+81.2%), from €31,379 to €56,870
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 | €139,253 | €210,455 | +€71,201 | +51.1% |
| Fixed assets | 21/28 | €23,027 | €18,549 | -€4,477 | -19.4% |
| Tangible fixed assets | 22/27 | €23,027 | €18,549 | -€4,477 | -19.4% |
| Plant, machinery and equipment | 23 | €880 | €471 | -€409 | -46.5% |
| Other tangible fixed assets | 26 | €22,146 | €18,078 | -€4,068 | -18.4% |
| Current assets | 29/58 | €116,227 | €191,906 | +€75,679 | +65.1% |
| Amounts receivable within one year | 40/41 | €1,121 | €21,367 | +€20,246 | +1805.4% |
| Trade receivables | 40 | - | €21,367 | +€21,367 | |
| Other amounts receivable | 41 | €1,121 | €0 | -€1,121 | -100.0% |
| Current investments | 50/53 | €7,543 | €7,543 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,167 | €159,524 | +€55,357 | +53.1% |
| Deferred charges and accrued income | 490/1 | €3,396 | €3,472 | +€76 | +2.2% |
| Total equity and liabilities | 10/49 | €139,253 | €210,455 | +€71,201 | +51.1% |
| Equity | 10/15 | €131,121 | €199,660 | +€68,539 | +52.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €112,571 | €181,110 | +€68,539 | +60.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €110,716 | €179,255 | +€68,539 | +61.9% |
| Amounts payable | 17/49 | €8,133 | €10,795 | +€2,662 | +32.7% |
| Amounts payable within one year | 42/48 | €8,133 | €10,795 | +€2,662 | +32.7% |
| Financial debts | 43 | €0 | €1,559 | +€1,559 | |
| Credit institutions | 430/8 | €0 | €1,559 | +€1,559 | |
| Trade debts | 44 | €297 | €386 | +€89 | +30.0% |
| Suppliers | 440/4 | €297 | €386 | +€89 | +30.0% |
| Taxes, remuneration and social security | 45 | €4,602 | €4,471 | -€131 | -2.8% |
| Taxes | 450/3 | €4,602 | €4,471 | -€131 | -2.8% |
| Other amounts payable | 47/48 | €3,234 | €4,379 | +€1,145 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,821 | €4,477 | -€344 | -7.1% |
| Other operating charges | 640/8 | €722 | €1,479 | +€757 | +104.8% |
| Gross operating margin | 9900 | €148,363 | €242,147 | +€93,784 | +63.2% |
| Operating profit (loss) | 9901 | €142,820 | €236,191 | +€93,371 | +65.4% |
| Financial income | 75/76B | - | €679 | +€679 | |
| Recurring financial income | 75 | - | €679 | +€679 | |
| Financial charges | 65/66B | €726 | €745 | +€19 | +2.7% |
| Recurring financial charges | 65 | €726 | €745 | +€19 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €142,094 | €236,125 | +€94,031 | +66.2% |
| Income taxes | 67/77 | €31,379 | €56,870 | +€25,492 | +81.2% |
| Profit (loss) for the period | 9904 | €110,716 | €179,255 | +€68,539 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €110,716 | €179,255 | +€68,539 | +61.9% |
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 11 October 2026 via checked.be.