AG STAB: 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.
AG STAB
Largest movements
- Cash -€191,053
down €191,053 (-46.6%), from €409,548 to €218,495
mainly Contributions, distributions and other (-€145,063) and Other debts (-€121,434)
- Receivables within one year -€19,526
down €19,526 (-19.8%), from €98,600 to €79,074
of which Trade receivables: -€20,752
- Tangible fixed assets +€6,291
up €6,291 (+19.0%), from €33,165 to €39,456
of which Furniture and vehicles: +€8,325
- Other debts -€121,434
down €121,434 (-35.3%), from €343,805 to €222,371
- Reserves -€92,413
down €92,413 (-58.5%), from €157,933 to €65,519
- Trade debts +€9,673
up €9,673 (+255.1%), from €3,792 to €13,465
- Gross operating margin +€10,240
up €10,240 (+8.7%), from €118,223 to €128,464
- Staff costs +€2,621
up €2,621 (+4.9%), from €53,626 to €56,248
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 | €541,313 | €342,158 | -€199,155 | -36.8% |
| Fixed assets | 21/28 | €33,165 | €39,456 | +€6,291 | +19.0% |
| Tangible fixed assets | 22/27 | €33,165 | €39,456 | +€6,291 | +19.0% |
| Furniture and vehicles | 24 | €2,530 | €10,855 | +€8,325 | +329.0% |
| Other tangible fixed assets | 26 | €30,635 | €28,600 | -€2,035 | -6.6% |
| Current assets | 29/58 | €508,148 | €302,703 | -€205,445 | -40.4% |
| Amounts receivable within one year | 40/41 | €98,600 | €79,074 | -€19,526 | -19.8% |
| Trade receivables | 40 | €98,600 | €77,848 | -€20,752 | -21.0% |
| Other amounts receivable | 41 | - | €1,225 | +€1,225 | |
| Cash at bank and in hand | 54/58 | €409,548 | €218,495 | -€191,053 | -46.6% |
| Deferred charges and accrued income | 490/1 | - | €5,134 | +€5,134 | |
| Total equity and liabilities | 10/49 | €541,313 | €342,158 | -€199,155 | -36.8% |
| Equity | 10/15 | €178,393 | €85,979 | -€92,413 | -51.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €157,933 | €65,519 | -€92,413 | -58.5% |
| Distributable reserves | 133 | €157,933 | €65,519 | -€92,413 | -58.5% |
| Amounts payable | 17/49 | €362,920 | €256,179 | -€106,741 | -29.4% |
| Amounts payable within one year | 42/48 | €362,920 | €256,179 | -€106,741 | -29.4% |
| Trade debts | 44 | €3,792 | €13,465 | +€9,673 | +255.1% |
| Suppliers | 440/4 | €3,792 | €13,465 | +€9,673 | +255.1% |
| Taxes, remuneration and social security | 45 | €15,323 | €20,342 | +€5,020 | +32.8% |
| Taxes | 450/3 | €14,951 | €17,002 | +€2,051 | +13.7% |
| Remuneration and social security | 454/9 | €372 | €3,340 | +€2,968 | +798.5% |
| Other amounts payable | 47/48 | €343,805 | €222,371 | -€121,434 | -35.3% |
| Non-recurring operating income | 76A | €1 | €55 | +€54 | +5461.6% |
| Remuneration, social security and pensions | 62 | €53,626 | €56,248 | +€2,621 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,562 | €5,155 | +€593 | +13.0% |
| Other operating charges | 640/8 | €644 | €476 | -€169 | -26.2% |
| Non-recurring operating charges | 66A | €3 | €1 | -€2 | -68.0% |
| Gross operating margin | 9900 | €118,223 | €128,464 | +€10,240 | +8.7% |
| Operating profit (loss) | 9901 | €59,389 | €66,585 | +€7,196 | +12.1% |
| Financial charges | 65/66B | €47 | €52 | +€4 | +8.7% |
| Recurring financial charges | 65 | €47 | €52 | +€4 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €59,341 | €66,534 | +€7,192 | +12.1% |
| Income taxes | 67/77 | €12,690 | €13,884 | +€1,194 | +9.4% |
| Profit (loss) for the period | 9904 | €46,652 | €52,650 | +€5,998 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,652 | €52,650 | +€5,998 | +12.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.