Styxx Projects: 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.
Styxx Projects
Largest movements
- Receivables within one year +€98,059
up €98,059 (+39.2%), from €250,289 to €348,349
of which Trade receivables: +€99,105
- Stocks and contracts +€45,177
up €45,177 (+160.8%), from €28,100 to €73,277
- Cash -€24,111
down €24,111 (-15.4%), from €156,959 to €132,849
mainly Receivables within one year (-€98,059) and Stocks and contracts (-€45,177)
- Trade debts +€121,489
up €121,489 (+31.6%), from €384,970 to €506,459
- Debts after one year -€7,953
down €7,953 (-30.9%), from €25,762 to €17,809
- Gross operating margin -€8,797
down €8,797 (-8.9%), from €98,739 to €89,941
- Staff costs -€6,969
down €6,969 (-11.2%), from €62,031 to €55,062
- Financial charges +€4,616
up €4,616 (+76.9%), from €6,002 to €10,617
- Depreciation +€4,069
up €4,069 (+38.4%), from €10,604 to €14,673
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 | €494,556 | €612,984 | +€118,428 | +23.9% |
| Fixed assets | 21/28 | €48,102 | €48,371 | +€269 | +0.6% |
| Tangible fixed assets | 22/27 | €46,702 | €46,971 | +€269 | +0.6% |
| Plant, machinery and equipment | 23 | €4,865 | €7,827 | +€2,962 | +60.9% |
| Furniture and vehicles | 24 | €41,837 | €39,144 | -€2,693 | -6.4% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €446,454 | €564,613 | +€118,158 | +26.5% |
| Stocks and contracts in progress | 3 | €28,100 | €73,277 | +€45,177 | +160.8% |
| Stocks | 30/36 | €28,100 | €73,277 | +€45,177 | +160.8% |
| Amounts receivable within one year | 40/41 | €250,289 | €348,349 | +€98,059 | +39.2% |
| Trade receivables | 40 | €103,593 | €202,698 | +€99,105 | +95.7% |
| Other amounts receivable | 41 | €146,697 | €145,651 | -€1,046 | -0.7% |
| Cash at bank and in hand | 54/58 | €156,959 | €132,849 | -€24,111 | -15.4% |
| Deferred charges and accrued income | 490/1 | €11,106 | €10,138 | -€968 | -8.7% |
| Total equity and liabilities | 10/49 | €494,556 | €612,984 | +€118,428 | +23.9% |
| Equity | 10/15 | €69,645 | €70,031 | +€385 | +0.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €44,645 | €45,031 | +€385 | +0.9% |
| Distributable reserves | 133 | €44,645 | €45,031 | +€385 | +0.9% |
| Amounts payable | 17/49 | €424,911 | €542,953 | +€118,042 | +27.8% |
| Amounts payable after more than one year | 17 | €25,762 | €17,809 | -€7,953 | -30.9% |
| Financial debts | 170/4 | €25,762 | €17,809 | -€7,953 | -30.9% |
| Amounts payable within one year | 42/48 | €399,149 | €525,144 | +€125,995 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €12,005 | €10,478 | -€1,527 | -12.7% |
| Trade debts | 44 | €384,970 | €506,459 | +€121,489 | +31.6% |
| Suppliers | 440/4 | €384,970 | €506,459 | +€121,489 | +31.6% |
| Advances received on contracts in progress | 46 | €139 | €139 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,035 | €8,068 | +€6,034 | +296.5% |
| Taxes | 450/3 | €2,035 | €4,853 | +€2,818 | +138.5% |
| Remuneration and social security | 454/9 | €0 | €3,215 | +€3,215 | |
| Remuneration, social security and pensions | 62 | €62,031 | €55,062 | -€6,969 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,604 | €14,673 | +€4,069 | +38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,323 | €1,344 | -€979 | -42.2% |
| Non-recurring operating charges | 66A | €1,531 | €0 | -€1,531 | -100.0% |
| Gross operating margin | 9900 | €98,739 | €89,941 | -€8,797 | -8.9% |
| Operating profit (loss) | 9901 | €22,249 | €18,862 | -€3,387 | -15.2% |
| Financial income | 75/76B | €322 | €0 | -€322 | -100.0% |
| Recurring financial income | 75 | €322 | €0 | -€322 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €6,002 | €10,617 | +€4,616 | +76.9% |
| Recurring financial charges | 65 | €6,002 | €10,617 | +€4,616 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €16,570 | €8,245 | -€8,325 | -50.2% |
| Income taxes | 67/77 | €8,546 | €7,859 | -€687 | -8.0% |
| Profit (loss) for the period | 9904 | €8,023 | €385 | -€7,638 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,023 | €385 | -€7,638 | -95.2% |
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 10 October 2026 via checked.be.