Oud Stadhuis: 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.
Oud Stadhuis
Largest movements
- Stocks and contracts +€55,058
up €55,058 (+40.0%), from €137,482 to €192,540
- Receivables within one year -€11,815
down €11,815 (-70.5%), from €16,748 to €4,933
of which Trade receivables: -€11,065
- Tangible fixed assets -€6,473
down €6,473 (-16.8%), from €38,551 to €32,078
of which Land and buildings: -€4,126
- Other debts +€40,399
up €40,399 (+65.4%), from €61,739 to €102,138
- Reserves +€17,674
up €17,674 (+28.3%), from €62,439 to €80,113
- Trade debts -€11,104
down €11,104 (-45.0%), from €24,670 to €13,567
- Current portion of long-term debt -€8,644
no longer reported in 2025 (was €8,644)
- Tax, wage and social debts +€5,137
up €5,137 (+26.7%), from €19,208 to €24,345
of which Taxes: +€11,726
- Gross operating margin +€85,938
up €85,938, from -€8,034 to €77,903
- Taxes +€5,724
new in 2025: €5,724
- Staff costs -€2,755
down €2,755 (-6.1%), from €44,920 to €42,165
- Depreciation +€2,742
up €2,742 (+52.4%), from €5,233 to €7,975
- Financial charges +€1,117
up €1,117 (+43.1%), from €2,595 to €3,712
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 | €200,301 | €238,763 | +€38,463 | +19.2% |
| Fixed assets | 21/28 | €38,551 | €32,078 | -€6,473 | -16.8% |
| Tangible fixed assets | 22/27 | €38,551 | €32,078 | -€6,473 | -16.8% |
| Land and buildings | 22 | €26,707 | €22,581 | -€4,126 | -15.5% |
| Plant, machinery and equipment | 23 | €6,007 | €5,280 | -€727 | -12.1% |
| Furniture and vehicles | 24 | €5,837 | €4,217 | -€1,620 | -27.8% |
| Current assets | 29/58 | €161,749 | €206,685 | +€44,936 | +27.8% |
| Stocks and contracts in progress | 3 | €137,482 | €192,540 | +€55,058 | +40.0% |
| Stocks | 30/36 | €137,482 | €192,540 | +€55,058 | +40.0% |
| Amounts receivable within one year | 40/41 | €16,748 | €4,933 | -€11,815 | -70.5% |
| Trade receivables | 40 | €13,748 | €2,683 | -€11,065 | -80.5% |
| Other amounts receivable | 41 | €3,000 | €2,250 | -€750 | -25.0% |
| Cash at bank and in hand | 54/58 | €3,519 | €4,212 | +€693 | +19.7% |
| Deferred charges and accrued income | 490/1 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Total equity and liabilities | 10/49 | €200,301 | €238,763 | +€38,463 | +19.2% |
| Equity | 10/15 | €81,039 | €98,713 | +€17,674 | +21.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,439 | €80,113 | +€17,674 | +28.3% |
| Distributable reserves | 133 | €62,439 | €80,113 | +€17,674 | +28.3% |
| Amounts payable | 17/49 | €119,262 | €140,050 | +€20,789 | +17.4% |
| Amounts payable within one year | 42/48 | €119,262 | €140,050 | +€20,789 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €8,644 | - | -€8,644 | |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €24,670 | €13,567 | -€11,104 | -45.0% |
| Suppliers | 440/4 | €24,670 | €13,567 | -€11,104 | -45.0% |
| Taxes, remuneration and social security | 45 | €19,208 | €24,345 | +€5,137 | +26.7% |
| Taxes | 450/3 | €9,223 | €20,949 | +€11,726 | +127% |
| Remuneration and social security | 454/9 | €9,985 | €3,396 | -€6,589 | -66.0% |
| Other amounts payable | 47/48 | €61,739 | €102,138 | +€40,399 | +65.4% |
| Remuneration, social security and pensions | 62 | €44,920 | €42,165 | -€2,755 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,233 | €7,975 | +€2,742 | +52.4% |
| Other operating charges | 640/8 | €1,265 | €963 | -€301 | -23.8% |
| Gross operating margin | 9900 | -€8,034 | €77,903 | +€85,938 | |
| Operating profit (loss) | 9901 | -€59,453 | €26,800 | +€86,252 | |
| Financial income | 75/76B | - | €310 | +€310 | |
| Recurring financial income | 75 | - | €310 | +€310 | |
| Financial charges | 65/66B | €2,595 | €3,712 | +€1,117 | +43.1% |
| Recurring financial charges | 65 | €2,595 | €3,712 | +€1,117 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | -€62,048 | €23,398 | +€85,445 | |
| Income taxes | 67/77 | - | €5,724 | +€5,724 | |
| Profit (loss) for the period | 9904 | -€62,048 | €17,674 | +€79,722 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,048 | €17,674 | +€79,722 |
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 24 October 2026 via checked.be.