SXDX: what changed
Two fiscal 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.
SXDX
Largest movements
- Receivables within one year +€11,511
up €11,511 (+59.6%), from €19,318 to €30,829
of which Trade receivables: +€6,300
- Deferred charges and accrued income -€4,050
no longer reported in 2025 (was €4,050)
- Tangible fixed assets -€3,610
down €3,610 (-31.1%), from €11,604 to €7,994
of which Furniture and vehicles: -€3,494
- Financial fixed assets -€2,520
down €2,520 (-6.2%), from €40,374 to €37,854
- Other debts -€15,920
down €15,920 (-96.1%), from €16,557 to €638
- Debts after one year +€15,837
up €15,837 (+71.9%), from €22,017 to €37,854
- Current portion of long-term debt -€4,722
no longer reported in 2025 (was €4,722)
- Short-term financial debts +€2,842
new in 2025: €2,842
- Tax, wage and social debts +€1,144
up €1,144 (+16.6%), from €6,903 to €8,047
of which Taxes: +€2,429
- Gross operating margin +€4,982
up €4,982 (+608.7%), from €818 to €5,801
- Financial charges -€893
down €893 (-81.9%), from €1,091 to €198
- Depreciation -€209
down €209 (-5.5%), from €3,819 to €3,610
- Other operating charges -€160
down €160 (-17.6%), from €910 to €750
- Taxes +€63
up €63 (+28.9%), from €218 to €281
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 | €75,952 | €76,677 | +€725 | +1.0% |
| Fixed assets | 21/28 | €51,978 | €45,848 | -€6,130 | -11.8% |
| Tangible fixed assets | 22/27 | €11,604 | €7,994 | -€3,610 | -31.1% |
| Plant, machinery and equipment | 23 | €313 | €197 | -€116 | -37.0% |
| Furniture and vehicles | 24 | €11,291 | €7,797 | -€3,494 | -30.9% |
| Financial fixed assets | 28 | €40,374 | €37,854 | -€2,520 | -6.2% |
| Current assets | 29/58 | €23,974 | €30,829 | +€6,855 | +28.6% |
| Amounts receivable within one year | 40/41 | €19,318 | €30,829 | +€11,511 | +59.6% |
| Trade receivables | 40 | €6,000 | €12,300 | +€6,300 | +105.0% |
| Other amounts receivable | 41 | €13,318 | €18,529 | +€5,211 | +39.1% |
| Cash at bank and in hand | 54/58 | €606 | - | -€606 | |
| Deferred charges and accrued income | 490/1 | €4,050 | - | -€4,050 | |
| Total equity and liabilities | 10/49 | €75,952 | €76,677 | +€725 | +1.0% |
| Equity | 10/15 | €23,975 | €24,937 | +€962 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,485 | -€5,523 | +€962 | +14.8% |
| Amounts payable | 17/49 | €51,977 | €51,740 | -€237 | -0.5% |
| Amounts payable after more than one year | 17 | €22,017 | €37,854 | +€15,837 | +71.9% |
| Financial debts | 170/4 | €22,017 | €37,854 | +€15,837 | +71.9% |
| Amounts payable within one year | 42/48 | €29,960 | €13,886 | -€16,074 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €4,722 | - | -€4,722 | |
| Financial debts | 43 | - | €2,842 | +€2,842 | |
| Credit institutions | 430/8 | - | €2,842 | +€2,842 | |
| Trade debts | 44 | €1,778 | €2,359 | +€582 | +32.7% |
| Suppliers | 440/4 | €1,778 | €2,359 | +€582 | +32.7% |
| Taxes, remuneration and social security | 45 | €6,903 | €8,047 | +€1,144 | +16.6% |
| Taxes | 450/3 | €2,022 | €4,452 | +€2,429 | +120.1% |
| Remuneration and social security | 454/9 | €4,881 | €3,595 | -€1,285 | -26.3% |
| Other amounts payable | 47/48 | €16,557 | €638 | -€15,920 | -96.1% |
| Non-recurring operating income | 76A | €157 | €1,000 | +€843 | +536.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,819 | €3,610 | -€209 | -5.5% |
| Other operating charges | 640/8 | €910 | €750 | -€160 | -17.6% |
| Gross operating margin | 9900 | €818 | €5,801 | +€4,982 | +608.7% |
| Operating profit (loss) | 9901 | -€3,911 | €1,441 | +€5,351 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,091 | €198 | -€893 | -81.9% |
| Recurring financial charges | 65 | €1,091 | €198 | -€893 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,002 | €1,243 | +€6,245 | |
| Income taxes | 67/77 | €218 | €281 | +€63 | +28.9% |
| Profit (loss) for the period | 9904 | -€5,220 | €962 | +€6,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,220 | €962 | +€6,182 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.