B-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.
B-STAB
Largest movements
- Receivables within one year +€18,168
up €18,168 (+159.4%), from €11,395 to €29,563
of which Trade receivables: +€18,966
- Tangible fixed assets -€12,488
down €12,488 (-29.8%), from €41,934 to €29,446
of which Furniture and vehicles: -€10,512
- Cash +€3,439
up €3,439 (+3.5%), from €99,427 to €102,867
mainly Other debts (+€41,265) and Net result for the year (+€23,153)
- Other debts +€41,265
up €41,265 (+52.5%), from €78,582 to €119,847
- Profit (loss) carried forward -€38,430
no longer reported in 2025 (was €38,430)
- Tax, wage and social debts +€11,308
up €11,308 (+738.5%), from €1,531 to €12,840
of which Taxes: +€9,508
- Trade debts -€8,880
down €8,880 (-69.3%), from €12,813 to €3,933
- Accrued charges and deferred income +€4,831
new in 2025: €4,831
- Gross operating margin -€14,302
down €14,302 (-21.8%), from €65,708 to €51,406
- Financial charges +€4,851
up €4,851 (+10569.1%), from €46 to €4,897
- Taxes -€3,976
down €3,976 (-38.5%), from €10,328 to €6,353
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 | €158,017 | €168,112 | +€10,095 | +6.4% |
| Fixed assets | 21/28 | €41,934 | €29,446 | -€12,488 | -29.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €41,934 | €29,446 | -€12,488 | -29.8% |
| Plant, machinery and equipment | 23 | €8,219 | €6,243 | -€1,976 | -24.0% |
| Furniture and vehicles | 24 | €33,715 | €23,203 | -€10,512 | -31.2% |
| Current assets | 29/58 | €116,083 | €138,665 | +€22,583 | +19.5% |
| Amounts receivable within one year | 40/41 | €11,395 | €29,563 | +€18,168 | +159.4% |
| Trade receivables | 40 | €10,597 | €29,563 | +€18,966 | +179.0% |
| Other amounts receivable | 41 | €799 | - | -€799 | |
| Cash at bank and in hand | 54/58 | €99,427 | €102,867 | +€3,439 | +3.5% |
| Deferred charges and accrued income | 490/1 | €5,260 | €6,236 | +€975 | +18.5% |
| Total equity and liabilities | 10/49 | €158,017 | €168,112 | +€10,095 | +6.4% |
| Equity | 10/15 | €65,090 | €26,660 | -€38,430 | -59.0% |
| Contributions | 10/11 | €2,860 | €2,860 | = | 0.0% |
| Reserves | 13 | €23,800 | €23,800 | = | 0.0% |
| Distributable reserves | 133 | €23,800 | €23,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,430 | - | -€38,430 | |
| Amounts payable | 17/49 | €92,927 | €141,452 | +€48,525 | +52.2% |
| Amounts payable within one year | 42/48 | €92,927 | €136,620 | +€43,694 | +47.0% |
| Trade debts | 44 | €12,813 | €3,933 | -€8,880 | -69.3% |
| Suppliers | 440/4 | €12,813 | €3,933 | -€8,880 | -69.3% |
| Taxes, remuneration and social security | 45 | €1,531 | €12,840 | +€11,308 | +738.5% |
| Taxes | 450/3 | €1,531 | €11,040 | +€9,508 | +620.9% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €78,582 | €119,847 | +€41,265 | +52.5% |
| Accrued charges and deferred income | 492/3 | - | €4,831 | +€4,831 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,609 | €16,991 | +€382 | +2.3% |
| Other operating charges | 640/8 | €736 | €710 | -€26 | -3.5% |
| Gross operating margin | 9900 | €65,708 | €51,406 | -€14,302 | -21.8% |
| Operating profit (loss) | 9901 | €48,363 | €33,705 | -€14,658 | -30.3% |
| Financial income | 75/76B | €441 | €697 | +€256 | +58.1% |
| Recurring financial income | 75 | €441 | €697 | +€256 | +58.1% |
| Financial charges | 65/66B | €46 | €4,897 | +€4,851 | +10569.1% |
| Recurring financial charges | 65 | €46 | €4,897 | +€4,851 | +10569.1% |
| Profit (loss) for the period before taxes | 9903 | €48,758 | €29,505 | -€19,253 | -39.5% |
| Income taxes | 67/77 | €10,328 | €6,353 | -€3,976 | -38.5% |
| Profit (loss) for the period | 9904 | €38,430 | €23,153 | -€15,277 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,430 | €23,153 | -€15,277 | -39.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.