NEW STADE: 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.
NEW STADE
Largest movements
- Receivables within one year -€14,393
down €14,393 (-23.6%), from €60,872 to €46,479
of which Trade receivables: -€11,513
- Cash -€7,032
down €7,032 (-34.7%), from €20,283 to €13,251
mainly Trade debts (-€9,250) and Current portion of long-term debt (-€4,476)
- Tangible fixed assets +€2,275
up €2,275 (+79.1%), from €2,875 to €5,150
of which Land and buildings: +€3,201
- Trade debts -€9,250
down €9,250 (-88.7%), from €10,434 to €1,184
of which Suppliers: -€7,150
- Current portion of long-term debt -€4,476
down €4,476 (-38.6%), from €11,590 to €7,114
- Profit (loss) carried forward -€3,305
down €3,305 (-5.9%), from €56,155 to €52,850
- Tax, wage and social debts -€2,260
no longer reported in 2024 (was €2,260)
- Gross operating margin -€18,603
down €18,603 (-72.0%), from €25,832 to €7,229
- Financial income -€2,073
down €2,073 (-100.0%), from €2,074 to €1
- Other operating charges +€782
up €782 (+10.2%), from €7,630 to €8,412
- Financial charges +€558
up €558 (+232.5%), from €240 to €798
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,239 | €67,948 | -€19,291 | -22.1% |
| Fixed assets | 21/28 | €2,875 | €5,150 | +€2,275 | +79.1% |
| Tangible fixed assets | 22/27 | €2,875 | €5,150 | +€2,275 | +79.1% |
| Land and buildings | 22 | €1,512 | €4,713 | +€3,201 | +211.7% |
| Plant, machinery and equipment | 23 | €932 | €437 | -€495 | -53.1% |
| Furniture and vehicles | 24 | €431 | - | -€431 | |
| Current assets | 29/58 | €84,364 | €62,798 | -€21,566 | -25.6% |
| Stocks and contracts in progress | 3 | €3,209 | €3,068 | -€141 | -4.4% |
| Stocks | 30/36 | €3,209 | €3,068 | -€141 | -4.4% |
| Amounts receivable within one year | 40/41 | €60,872 | €46,479 | -€14,393 | -23.6% |
| Trade receivables | 40 | €19,134 | €7,621 | -€11,513 | -60.2% |
| Other amounts receivable | 41 | €41,738 | €38,858 | -€2,880 | -6.9% |
| Cash at bank and in hand | 54/58 | €20,283 | €13,251 | -€7,032 | -34.7% |
| Total equity and liabilities | 10/49 | €87,239 | €67,948 | -€19,291 | -22.1% |
| Equity | 10/15 | €62,955 | €59,650 | -€3,305 | -5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,155 | €52,850 | -€3,305 | -5.9% |
| Amounts payable | 17/49 | €24,284 | €8,298 | -€15,986 | -65.8% |
| Amounts payable within one year | 42/48 | €24,284 | €8,298 | -€15,986 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €11,590 | €7,114 | -€4,476 | -38.6% |
| Trade debts | 44 | €10,434 | €1,184 | -€9,250 | -88.7% |
| Suppliers | 440/4 | €8,334 | €1,184 | -€7,150 | -85.8% |
| Bills of exchange payable | 441 | €2,100 | - | -€2,100 | |
| Taxes, remuneration and social security | 45 | €2,260 | - | -€2,260 | |
| Taxes | 450/3 | €2,260 | - | -€2,260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,352 | €1,325 | -€27 | -2.0% |
| Other operating charges | 640/8 | €7,630 | €8,412 | +€782 | +10.2% |
| Gross operating margin | 9900 | €25,832 | €7,229 | -€18,603 | -72.0% |
| Operating profit (loss) | 9901 | €16,850 | -€2,508 | -€19,358 | |
| Financial income | 75/76B | €2,074 | €1 | -€2,073 | -100.0% |
| Recurring financial income | 75 | €2,074 | €1 | -€2,073 | -100.0% |
| Financial charges | 65/66B | €240 | €798 | +€558 | +232.5% |
| Recurring financial charges | 65 | €240 | €798 | +€558 | +232.5% |
| Profit (loss) for the period before taxes | 9903 | €18,684 | -€3,305 | -€21,989 | |
| Profit (loss) for the period | 9904 | €18,684 | -€3,305 | -€21,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,684 | -€3,305 | -€21,989 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.