ST-OPS: what changed
Two fiscal 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.
ST-OPS
Largest movements
- Cash -€848
down €848 (-11.5%), from €7,367 to €6,520
mainly Net result for the year (-€1,260)
- Profit (loss) carried forward -€1,260
down €1,260 (-24.9%), from -€5,052 to -€6,312
- Trade debts +€412
up €412, from €0 to €412
- Gross operating margin +€365
up €365 (+28.1%), from -€1,299 to -€933
- Other operating charges -€221
down €221 (-43.7%), from €505 to €285
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 | €7,367 | €6,520 | -€848 | -11.5% |
| Current assets | 29/58 | €7,367 | €6,520 | -€848 | -11.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,367 | €6,520 | -€848 | -11.5% |
| Total equity and liabilities | 10/49 | €7,367 | €6,520 | -€848 | -11.5% |
| Equity | 10/15 | €6,808 | €5,548 | -€1,260 | -18.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,052 | -€6,312 | -€1,260 | -24.9% |
| Amounts payable | 17/49 | €560 | €972 | +€412 | +73.6% |
| Amounts payable within one year | 42/48 | €560 | €972 | +€412 | +73.6% |
| Trade debts | 44 | €0 | €412 | +€412 | |
| Suppliers | 440/4 | €0 | €412 | +€412 | |
| Other amounts payable | 47/48 | €560 | €560 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €285 | -€221 | -43.7% |
| Gross operating margin | 9900 | -€1,299 | -€933 | +€365 | +28.1% |
| Operating profit (loss) | 9901 | -€1,804 | -€1,218 | +€586 | +32.5% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,846 | -€1,260 | +€586 | +31.7% |
| Profit (loss) for the period | 9904 | -€1,846 | -€1,260 | +€586 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,846 | -€1,260 | +€586 | +31.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.