ST1GOED: 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.
ST1GOED
Largest movements
- Financial fixed assets -€2,000
no longer reported in 2025 (was €2,000)
- Tangible fixed assets -€1,394
down €1,394 (-3.8%), from €36,995 to €35,601
- Profit (loss) carried forward -€2,246
down €2,246 (-1.7%), from -€130,090 to -€132,336
- Other debts -€797
down €797 (-0.6%), from €143,690 to €142,893
- Trade debts -€438
down €438 (-69.1%), from €634 to €196
- Other operating charges -€909
no longer reported in 2025 (was €909)
- Gross operating margin +€591
up €591 (+49.7%), from -€1,187 to -€597
- Financial charges +€30
up €30 (+13.3%), from €225 to €255
- Depreciation +€13
up €13 (+0.9%), from €1,381 to €1,394
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 | €39,234 | €35,754 | -€3,481 | -8.9% |
| Fixed assets | 21/28 | €38,995 | €35,601 | -€3,394 | -8.7% |
| Tangible fixed assets | 22/27 | €36,995 | €35,601 | -€1,394 | -3.8% |
| Land and buildings | 22 | €36,995 | €35,601 | -€1,394 | -3.8% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €240 | €153 | -€87 | -36.3% |
| Cash at bank and in hand | 54/58 | €240 | €153 | -€87 | -36.3% |
| Total equity and liabilities | 10/49 | €39,234 | €35,754 | -€3,481 | -8.9% |
| Equity | 10/15 | -€105,090 | -€107,336 | -€2,246 | -2.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,090 | -€132,336 | -€2,246 | -1.7% |
| Amounts payable | 17/49 | €144,324 | €143,089 | -€1,235 | -0.9% |
| Amounts payable within one year | 42/48 | €144,324 | €143,089 | -€1,235 | -0.9% |
| Trade debts | 44 | €634 | €196 | -€438 | -69.1% |
| Suppliers | 440/4 | €634 | €196 | -€438 | -69.1% |
| Other amounts payable | 47/48 | €143,690 | €142,893 | -€797 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €1,394 | +€13 | +0.9% |
| Other operating charges | 640/8 | €909 | - | -€909 | |
| Gross operating margin | 9900 | -€1,187 | -€597 | +€591 | +49.7% |
| Operating profit (loss) | 9901 | -€3,477 | -€1,991 | +€1,487 | +42.8% |
| Financial charges | 65/66B | €225 | €255 | +€30 | +13.3% |
| Recurring financial charges | 65 | €225 | €255 | +€30 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,702 | -€2,246 | +€1,457 | +39.3% |
| Profit (loss) for the period | 9904 | -€3,702 | -€2,246 | +€1,457 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,702 | -€2,246 | +€1,457 | +39.3% |
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 20 October 2026 via checked.be.