STACON: 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.
STACON
Largest movements
- Cash -€37,094
down €37,094 (-42.0%), from €88,242 to €51,148
mainly Other debts (-€80,690) and Contributions, distributions and other (-€75,000)
- Receivables within one year -€34,076
down €34,076 (-56.8%), from €60,032 to €25,956
of which Trade receivables: -€33,741
- Tangible fixed assets -€2,044
down €2,044 (-34.3%), from €5,960 to €3,917
of which Furniture and vehicles: -€2,044
- Deferred charges and accrued income -€1,638
down €1,638 (-40.9%), from €4,003 to €2,365
- Other debts -€80,690
down €80,690 (-79.1%), from €102,000 to €21,310
- Reserves +€11,600
up €11,600 (+532%), from €2,178 to €13,778
of which Distributable reserves: +€11,600
- Tax, wage and social debts -€5,894
down €5,894 (-28.9%), from €20,361 to €14,467
- Gross operating margin -€62,395
down €62,395 (-34.5%), from €180,835 to €118,440
- Taxes -€17,103
down €17,103 (-42.5%), from €40,246 to €23,143
- Staff costs +€7,205
new in 2025: €7,205
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 | €158,237 | €83,386 | -€74,851 | -47.3% |
| Fixed assets | 21/28 | €5,960 | €3,917 | -€2,044 | -34.3% |
| Tangible fixed assets | 22/27 | €5,960 | €3,917 | -€2,044 | -34.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €5,960 | €3,917 | -€2,044 | -34.3% |
| Current assets | 29/58 | €152,277 | €79,469 | -€72,808 | -47.8% |
| Amounts receivable within one year | 40/41 | €60,032 | €25,956 | -€34,076 | -56.8% |
| Trade receivables | 40 | €58,639 | €24,898 | -€33,741 | -57.5% |
| Other amounts receivable | 41 | €1,394 | €1,058 | -€336 | -24.1% |
| Cash at bank and in hand | 54/58 | €88,242 | €51,148 | -€37,094 | -42.0% |
| Deferred charges and accrued income | 490/1 | €4,003 | €2,365 | -€1,638 | -40.9% |
| Total equity and liabilities | 10/49 | €158,237 | €83,386 | -€74,851 | -47.3% |
| Equity | 10/15 | €35,806 | €47,408 | +€11,602 | +32.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,178 | €13,778 | +€11,600 | +532% |
| Tax-exempt reserves | 132 | €318 | €318 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €13,460 | +€11,600 | +624% |
| Profit (loss) carried forward | 14 | €15,028 | €15,029 | +€2 | 0.0% |
| Amounts payable | 17/49 | €122,431 | €35,978 | -€86,453 | -70.6% |
| Amounts payable within one year | 42/48 | €122,431 | €35,978 | -€86,453 | -70.6% |
| Trade debts | 44 | €70 | €201 | +€130 | +185% |
| Suppliers | 440/4 | €70 | €201 | +€130 | +185% |
| Taxes, remuneration and social security | 45 | €20,361 | €14,467 | -€5,894 | -28.9% |
| Taxes | 450/3 | €20,361 | €14,467 | -€5,894 | -28.9% |
| Other amounts payable | 47/48 | €102,000 | €21,310 | -€80,690 | -79.1% |
| Remuneration, social security and pensions | 62 | - | €7,205 | +€7,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,102 | €2,044 | -€1,059 | -34.1% |
| Other operating charges | 640/8 | €1,184 | €647 | -€537 | -45.3% |
| Non-recurring operating charges | 66A | €3,297 | - | -€3,297 | |
| Gross operating margin | 9900 | €180,835 | €118,440 | -€62,395 | -34.5% |
| Operating profit (loss) | 9901 | €173,252 | €108,544 | -€64,708 | -37.3% |
| Financial income | 75/76B | €1,461 | €1,601 | +€140 | +9.6% |
| Recurring financial income | 75 | €1,461 | €1,601 | +€140 | +9.6% |
| Financial charges | 65/66B | €90 | €400 | +€309 | +342% |
| Recurring financial charges | 65 | €90 | €400 | +€309 | +342% |
| Profit (loss) for the period before taxes | 9903 | €174,622 | €109,745 | -€64,877 | -37.2% |
| Income taxes | 67/77 | €40,246 | €23,143 | -€17,103 | -42.5% |
| Profit (loss) for the period | 9904 | €134,375 | €86,602 | -€47,774 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €134,375 | €86,602 | -€47,774 | -35.6% |
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 15 October 2026 via checked.be.