De Stuitertjes: 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 Stuitertjes
Largest movements
- Receivables after one year +€10,000
new in 2025: €10,000
- Cash +€5,129
up €5,129 (+21.3%), from €24,037 to €29,166
mainly Net result for the year (+€10,633) and Depreciation (+€4,833)
- Tangible fixed assets -€4,833
down €4,833 (-50.0%), from €9,667 to €4,833
- Profit (loss) carried forward +€10,633
up €10,633, from -€2,522 to €8,111
- Trade debts -€1,925
down €1,925 (-14.7%), from €13,059 to €11,133
- Tax, wage and social debts +€1,634
up €1,634 (+5.6%), from €29,071 to €30,705
of which Remuneration and social security: +€1,661
- Gross operating margin +€22,877
up €22,877 (+15.4%), from €148,879 to €171,756
- Staff costs +€7,546
up €7,546 (+5.2%), from €145,782 to €153,329
- Taxes +€2,995
up €2,995 (+11,132%), from €27 to €3,021
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.
Derived cash bridge
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 | €42,301 | €53,025 | +€10,724 | +25.4% |
| Fixed assets | 21/28 | €9,667 | €4,833 | -€4,833 | -50.0% |
| Tangible fixed assets | 22/27 | €9,667 | €4,833 | -€4,833 | -50.0% |
| Plant, machinery and equipment | 23 | €9,667 | €4,833 | -€4,833 | -50.0% |
| Current assets | 29/58 | €32,635 | €48,192 | +€15,558 | +47.7% |
| Amounts receivable after more than one year | 29 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €8,534 | €9,026 | +€492 | +5.8% |
| Trade receivables | 40 | €4,034 | €4,047 | +€13 | +0.3% |
| Other amounts receivable | 41 | €4,500 | €4,979 | +€479 | +10.6% |
| Cash at bank and in hand | 54/58 | €24,037 | €29,166 | +€5,129 | +21.3% |
| Deferred charges and accrued income | 490/1 | €63 | - | -€63 | |
| Total equity and liabilities | 10/49 | €42,301 | €53,025 | +€10,724 | +25.4% |
| Equity | 10/15 | -€22 | €10,611 | +€10,633 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,522 | €8,111 | +€10,633 | |
| Amounts payable | 17/49 | €42,323 | €42,415 | +€92 | +0.2% |
| Amounts payable within one year | 42/48 | €42,323 | €42,415 | +€92 | +0.2% |
| Trade debts | 44 | €13,059 | €11,133 | -€1,925 | -14.7% |
| Suppliers | 440/4 | €13,059 | €11,133 | -€1,925 | -14.7% |
| Taxes, remuneration and social security | 45 | €29,071 | €30,705 | +€1,634 | +5.6% |
| Taxes | 450/3 | €27 | - | -€27 | |
| Remuneration and social security | 454/9 | €29,044 | €30,705 | +€1,661 | +5.7% |
| Other amounts payable | 47/48 | €193 | €577 | +€384 | +198% |
| Remuneration, social security and pensions | 62 | €145,782 | €153,329 | +€7,546 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,833 | €4,833 | = | 0.0% |
| Other operating charges | 640/8 | €706 | - | -€706 | |
| Gross operating margin | 9900 | €148,879 | €171,756 | +€22,877 | +15.4% |
| Operating profit (loss) | 9901 | -€2,443 | €13,595 | +€16,037 | |
| Financial income | 75/76B | €1 | €241 | +€241 | +47,167% |
| Recurring financial income | 75 | €1 | €241 | +€241 | +47,167% |
| Financial charges | 65/66B | €53 | €182 | +€129 | +243% |
| Recurring financial charges | 65 | €53 | €182 | +€129 | +243% |
| Profit (loss) for the period before taxes | 9903 | -€2,495 | €13,654 | +€16,149 | |
| Income taxes | 67/77 | €27 | €3,021 | +€2,995 | +11,132% |
| Profit (loss) for the period | 9904 | -€2,522 | €10,633 | +€13,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,522 | €10,633 | +€13,154 |
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 27 October 2026 via checked.be.