DE STATIE: 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.
DE STATIE
Largest movements
- Financial fixed assets -€77,540
down €77,540 (-95.9%), from €80,840 to €3,300
- Tangible fixed assets -€11,034
down €11,034 (-25.6%), from €43,039 to €32,006
of which Plant, machinery and equipment: -€9,310
- Cash +€5,486
up €5,486 (+124.4%), from €4,411 to €9,897
mainly Investment in fixed assets (net) (+€77,540) and Depreciation (+€15,034)
- Intangible fixed assets -€4,000
down €4,000 (-19.9%), from €20,151 to €16,151
- Other debts -€84,513
down €84,513 (-77.5%), from €109,095 to €24,581
- Reserves +€6,970
new in 2025: €6,970
- Debts after one year -€6,096
down €6,096 (-70.2%), from €8,682 to €2,586
- Current portion of long-term debt -€3,555
down €3,555 (-26.0%), from €13,651 to €10,096
- Depreciation -€4,775
down €4,775 (-24.1%), from €19,809 to €15,034
- Taxes +€4,617
up €4,617 (+122.0%), from €3,784 to €8,401
- Gross operating margin -€3,656
down €3,656 (-9.5%), from €38,401 to €34,745
- Financial charges -€420
down €420 (-11.1%), from €3,791 to €3,371
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 | €162,270 | €75,813 | -€86,456 | -53.3% |
| Fixed assets | 21/28 | €144,030 | €51,456 | -€92,574 | -64.3% |
| Intangible fixed assets | 21 | €20,151 | €16,151 | -€4,000 | -19.9% |
| Tangible fixed assets | 22/27 | €43,039 | €32,006 | -€11,034 | -25.6% |
| Plant, machinery and equipment | 23 | €39,199 | €29,889 | -€9,310 | -23.8% |
| Furniture and vehicles | 24 | €3,840 | €2,116 | -€1,724 | -44.9% |
| Financial fixed assets | 28 | €80,840 | €3,300 | -€77,540 | -95.9% |
| Current assets | 29/58 | €18,240 | €24,357 | +€6,118 | +33.5% |
| Stocks and contracts in progress | 3 | €10,354 | €9,860 | -€493 | -4.8% |
| Stocks | 30/36 | €10,354 | €9,860 | -€493 | -4.8% |
| Amounts receivable within one year | 40/41 | €312 | €1,451 | +€1,138 | +364.4% |
| Trade receivables | 40 | - | €1,103 | +€1,103 | |
| Other amounts receivable | 41 | €312 | €348 | +€35 | +11.3% |
| Cash at bank and in hand | 54/58 | €4,411 | €9,897 | +€5,486 | +124.4% |
| Deferred charges and accrued income | 490/1 | €3,163 | €3,149 | -€13 | -0.4% |
| Total equity and liabilities | 10/49 | €162,270 | €75,813 | -€86,456 | -53.3% |
| Equity | 10/15 | €18,894 | €25,865 | +€6,970 | +36.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €6,970 | +€6,970 | |
| Distributable reserves | 133 | - | €6,970 | +€6,970 | |
| Profit (loss) carried forward | 14 | €294 | €294 | = | 0.0% |
| Amounts payable | 17/49 | €143,375 | €49,948 | -€93,427 | -65.2% |
| Amounts payable after more than one year | 17 | €8,682 | €2,586 | -€6,096 | -70.2% |
| Financial debts | 170/4 | €8,682 | €2,586 | -€6,096 | -70.2% |
| Amounts payable within one year | 42/48 | €134,693 | €47,302 | -€87,391 | -64.9% |
| Current portion of amounts payable after more than one year | 42 | €13,651 | €10,096 | -€3,555 | -26.0% |
| Trade debts | 44 | €9,202 | €8,444 | -€759 | -8.2% |
| Suppliers | 440/4 | €9,202 | €8,444 | -€759 | -8.2% |
| Taxes, remuneration and social security | 45 | €2,745 | €4,181 | +€1,436 | +52.3% |
| Taxes | 450/3 | €2,745 | €4,181 | +€1,436 | +52.3% |
| Other amounts payable | 47/48 | €109,095 | €24,581 | -€84,513 | -77.5% |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Non-recurring operating income | 76A | €9,161 | - | -€9,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,809 | €15,034 | -€4,775 | -24.1% |
| Other operating charges | 640/8 | €1,570 | €1,291 | -€278 | -17.7% |
| Gross operating margin | 9900 | €38,401 | €34,745 | -€3,656 | -9.5% |
| Operating profit (loss) | 9901 | €17,023 | €18,420 | +€1,397 | +8.2% |
| Financial income | 75/76B | €123 | €323 | +€200 | +163.1% |
| Recurring financial income | 75 | €123 | €323 | +€200 | +163.1% |
| Financial charges | 65/66B | €3,791 | €3,371 | -€420 | -11.1% |
| Recurring financial charges | 65 | €3,791 | €3,371 | -€420 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,355 | €15,372 | +€2,017 | +15.1% |
| Income taxes | 67/77 | €3,784 | €8,401 | +€4,617 | +122.0% |
| Profit (loss) for the period | 9904 | €9,571 | €6,970 | -€2,601 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,571 | €6,970 | -€2,601 | -27.2% |
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 10 October 2026 via checked.be.