De Stukadoor: 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 Stukadoor
Largest movements
- Cash +€23,408
new in 2025: €23,408
mainly Net result for the year (+€17,853) and Receivables within one year (+€8,492)
- Receivables within one year -€8,492
down €8,492 (-34.2%), from €24,827 to €16,335
of which Other amounts receivable: -€20,316
- Reserves +€17,853
up €17,853 (+131%), from €13,628 to €31,481
- Short-term financial debts -€6,836
no longer reported in 2025 (was €6,836)
of which Credit institutions: -€3,836
- Tax, wage and social debts +€2,556
up €2,556 (+450%), from €568 to €3,124
- Trade debts +€1,343
up €1,343 (+104%), from €1,295 to €2,638
- Gross operating margin +€21,088
up €21,088 (+355%), from €5,944 to €27,032
- Taxes +€7,427
up €7,427 (+664%), from €1,118 to €8,545
- Depreciation -€1,100
no longer reported in 2025 (was €1,100)
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 | €24,827 | €39,743 | +€14,916 | +60.1% |
| Current assets | 29/58 | €24,827 | €39,743 | +€14,916 | +60.1% |
| Amounts receivable within one year | 40/41 | €24,827 | €16,335 | -€8,492 | -34.2% |
| Trade receivables | 40 | - | €11,824 | +€11,824 | |
| Other amounts receivable | 41 | €24,827 | €4,511 | -€20,316 | -81.8% |
| Cash at bank and in hand | 54/58 | - | €23,408 | +€23,408 | |
| Total equity and liabilities | 10/49 | €24,827 | €39,743 | +€14,916 | +60.1% |
| Equity | 10/15 | €16,128 | €33,981 | +€17,853 | +111% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,628 | €31,481 | +€17,853 | +131% |
| Non-distributable reserves | 130/1 | €13,628 | €31,481 | +€17,853 | +131% |
| Other | 1319 | €13,628 | €31,481 | +€17,853 | +131% |
| Amounts payable | 17/49 | €8,699 | €5,762 | -€2,937 | -33.8% |
| Amounts payable within one year | 42/48 | €8,699 | €5,762 | -€2,937 | -33.8% |
| Financial debts | 43 | €6,836 | - | -€6,836 | |
| Credit institutions | 430/8 | €3,836 | - | -€3,836 | |
| Other loans | 439 | €3,000 | - | -€3,000 | |
| Trade debts | 44 | €1,295 | €2,638 | +€1,343 | +104% |
| Suppliers | 440/4 | €1,295 | €2,638 | +€1,343 | +104% |
| Taxes, remuneration and social security | 45 | €568 | €3,124 | +€2,556 | +450% |
| Taxes | 450/3 | €568 | €3,124 | +€2,556 | +450% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | - | -€1,100 | |
| Other operating charges | 640/8 | €376 | €241 | -€135 | -35.9% |
| Gross operating margin | 9900 | €5,944 | €27,032 | +€21,088 | +355% |
| Operating profit (loss) | 9901 | €4,468 | €26,791 | +€22,323 | +500% |
| Financial charges | 65/66B | €451 | €393 | -€58 | -12.9% |
| Recurring financial charges | 65 | €451 | €393 | -€58 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €4,017 | €26,398 | +€22,381 | +557% |
| Income taxes | 67/77 | €1,118 | €8,545 | +€7,427 | +664% |
| Profit (loss) for the period | 9904 | €2,899 | €17,853 | +€14,954 | +516% |
| Profit (loss) for the period to be appropriated | 9905 | €2,899 | €17,853 | +€14,954 | +516% |
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 29 October 2026 via checked.be.