Styx Services: 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.
What changed
Styx Services
NACE 86.220, Specialist medical practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€26,258
2024 · €17,927-€44,185
Equity
€1.1m
2024 · €1.2m-€128,295
Cash
€2,907
2024 · €11,832-€8,926
Balance sheet total
€1.5m
2024 · €1.6m-€111,158
Largest movements
Assets
- Current investments -€58,330
down €58,330 (-72.2%), from €80,797 to €22,467
- Tangible fixed assets -€50,236
down €50,236 (-3.4%), from €1.5m to €1.4m
of which Land and buildings: -€46,635
Equity and liabilities
- Reserves -€128,295
down €128,295 (-10.5%), from €1.2m to €1.1m
of which Distributable reserves: -€119,289
- Other debts +€123,482
up €123,482 (+530%), from €23,283 to €146,765
- Tax, wage and social debts -€62,882
down €62,882 (-97.6%), from €64,445 to €1,563
- Debts after one year -€44,370
down €44,370 (-44.2%), from €100,463 to €56,092
Income statement
- Financial income -€23,618
down €23,618 (-77.0%), from €30,692 to €7,074
of which Financial income: -€24,818
- Gross operating margin -€20,638
down €20,638 (-46.5%), from €44,401 to €23,763
- Taxes -€3,723
down €3,723, from €2,311 to -€1,412
- Financial charges +€3,541
up €3,541 (+112%), from €3,149 to €6,690
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.
Result 2024
€17,927
Gross operating margin
-€20,638
Depreciation
-€217
Other operating charges
-€80
Financial income
-€23,618
Financial charges
-€3,541
Taxes
+€3,723
Deferred taxes and other
+€185
Result 2025
-€26,258
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€78,709
Investment
+€58,330
Financing
-€145,965
Cash 2024
€11,832
From operations (derived)
+€78,709
Net result for the year
-€26,258
Depreciation
+€50,236
Receivables within one year
-€7,134
Deferred charges and accrued income
+€801
Provisions
-€3,308
Trade debts
+€940
Tax, wage and social debts
-€62,882
Other debts
+€123,482
Accrued charges and deferred income
+€2,833
Investment (derived)
+€58,330
Current investments
+€58,330
Financing
-€145,965
Debts after one year
-€44,370
Current portion of long-term debt
+€443
Contributions, distributions and other
-€102,038
Cash 2025
€2,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,594,481 | €1,483,323 | -€111,158 | -7.0% |
| Fixed assets | 21/28 | €1,498,616 | €1,448,380 | -€50,236 | -3.4% |
| Tangible fixed assets | 22/27 | €1,498,597 | €1,448,361 | -€50,236 | -3.4% |
| Land and buildings | 22 | €1,477,467 | €1,430,833 | -€46,635 | -3.2% |
| Plant, machinery and equipment | 23 | €147 | - | -€147 | |
| Furniture and vehicles | 24 | €2,670 | €1,845 | -€825 | -30.9% |
| Other tangible fixed assets | 26 | €18,313 | €15,683 | -€2,630 | -14.4% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €95,865 | €34,944 | -€60,922 | -63.5% |
| Amounts receivable within one year | 40/41 | €2,435 | €9,570 | +€7,134 | +293% |
| Trade receivables | 40 | - | €3,200 | +€3,200 | |
| Other amounts receivable | 41 | €2,435 | €6,370 | +€3,934 | +162% |
| Current investments | 50/53 | €80,797 | €22,467 | -€58,330 | -72.2% |
| Cash at bank and in hand | 54/58 | €11,832 | €2,907 | -€8,926 | -75.4% |
| Deferred charges and accrued income | 490/1 | €801 | - | -€801 | |
| Total equity and liabilities | 10/49 | €1,594,481 | €1,483,323 | -€111,158 | -7.0% |
| Equity | 10/15 | €1,230,326 | €1,102,030 | -€128,295 | -10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,217,926 | €1,089,630 | -€128,295 | -10.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €270,498 | €261,491 | -€9,006 | -3.3% |
| Distributable reserves | 133 | €945,568 | €826,279 | -€119,289 | -12.6% |
| Provisions and deferred taxes | 16 | €131,096 | €127,789 | -€3,308 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €34,550 | €34,550 | = | 0.0% |
| Pensions and similar obligations | 160 | €34,550 | €34,550 | = | 0.0% |
| Deferred taxes | 168 | €96,546 | €93,239 | -€3,308 | -3.4% |
| Amounts payable | 17/49 | €233,059 | €253,504 | +€20,445 | +8.8% |
| Amounts payable after more than one year | 17 | €100,463 | €56,092 | -€44,370 | -44.2% |
| Financial debts | 170/4 | €100,463 | €56,092 | -€44,370 | -44.2% |
| Amounts payable within one year | 42/48 | €131,781 | €193,764 | +€61,983 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €43,927 | €44,370 | +€443 | +1.0% |
| Trade debts | 44 | €126 | €1,066 | +€940 | +746% |
| Suppliers | 440/4 | €126 | €1,066 | +€940 | +746% |
| Taxes, remuneration and social security | 45 | €64,445 | €1,563 | -€62,882 | -97.6% |
| Taxes | 450/3 | €64,445 | €1,563 | -€62,882 | -97.6% |
| Other amounts payable | 47/48 | €23,283 | €146,765 | +€123,482 | +530% |
| Accrued charges and deferred income | 492/3 | €815 | €3,648 | +€2,833 | +348% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,019 | €50,236 | +€217 | +0.4% |
| Other operating charges | 640/8 | €4,809 | €4,889 | +€80 | +1.7% |
| Gross operating margin | 9900 | €44,401 | €23,763 | -€20,638 | -46.5% |
| Operating profit (loss) | 9901 | -€10,428 | -€31,363 | -€20,935 | -201% |
| Financial income | 75/76B | €30,692 | €7,074 | -€23,618 | -77.0% |
| Recurring financial income | 75 | €30,692 | €5,874 | -€24,818 | -80.9% |
| Non-recurring financial income | 76B | - | €1,200 | +€1,200 | |
| Financial charges | 65/66B | €3,149 | €6,690 | +€3,541 | +112% |
| Recurring financial charges | 65 | €3,149 | €6,690 | +€3,541 | +112% |
| Profit (loss) for the period before taxes | 9903 | €17,115 | -€30,978 | -€48,093 | |
| Transfer from deferred taxes | 780 | €3,123 | €3,308 | +€185 | +5.9% |
| Income taxes | 67/77 | €2,311 | -€1,412 | -€3,723 | |
| Profit (loss) for the period | 9904 | €17,927 | -€26,258 | -€44,185 | |
| Transfer from tax-exempt reserves | 789 | €8,452 | €9,006 | +€554 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,380 | -€17,251 | -€43,631 |
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.