STAD-TECH: what changed
STAD-TECH
Largest movements
- Receivables within one year +€26,223
up €26,223 (+100.0%), from €26,228 to €52,452
of which Trade receivables: +€23,358
- Cash +€3,598
up €3,598 (+90.1%), from €3,991 to €7,589
mainly Trade debts (+€25,005) and Deferred charges and accrued income (+€3,421)
- Deferred charges and accrued income -€3,421
down €3,421 (-65.6%), from €5,214 to €1,793
- Tangible fixed assets +€2,399
up €2,399 (+141%), from €1,697 to €4,096
of which Furniture and vehicles: +€3,571
- Trade debts +€25,005
up €25,005 (+372%), from €6,715 to €31,720
- Other debts +€2,578
up €2,578 (+111%), from €2,317 to €4,895
- Profit (loss) carried forward +€2,373
up €2,373 (+9.5%), from €25,001 to €27,374
- Tax, wage and social debts -€1,156
down €1,156 (-54.6%), from €2,117 to €960
- Financial charges +€690
up €690 (+37.8%), from €1,823 to €2,513
- Depreciation +€421
up €421 (+27.4%), from €1,535 to €1,955
- Taxes -€294
down €294 (-23.4%), from €1,255 to €960
- Other operating charges +€270
up €270 (+68.1%), from €396 to €666
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,250 | €66,049 | +€28,799 | +77.3% |
| Fixed assets | 21/28 | €1,817 | €4,216 | +€2,399 | +132% |
| Tangible fixed assets | 22/27 | €1,697 | €4,096 | +€2,399 | +141% |
| Plant, machinery and equipment | 23 | €1,172 | - | -€1,172 | |
| Furniture and vehicles | 24 | €525 | €4,096 | +€3,571 | +680% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €35,433 | €61,833 | +€26,400 | +74.5% |
| Amounts receivable within one year | 40/41 | €26,228 | €52,452 | +€26,223 | +100.0% |
| Trade receivables | 40 | €18,364 | €41,722 | +€23,358 | +127% |
| Other amounts receivable | 41 | €7,864 | €10,729 | +€2,865 | +36.4% |
| Cash at bank and in hand | 54/58 | €3,991 | €7,589 | +€3,598 | +90.1% |
| Deferred charges and accrued income | 490/1 | €5,214 | €1,793 | -€3,421 | -65.6% |
| Total equity and liabilities | 10/49 | €37,250 | €66,049 | +€28,799 | +77.3% |
| Equity | 10/15 | €26,101 | €28,474 | +€2,373 | +9.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,001 | €27,374 | +€2,373 | +9.5% |
| Amounts payable | 17/49 | €11,149 | €37,576 | +€26,426 | +237% |
| Amounts payable within one year | 42/48 | €11,149 | €37,576 | +€26,426 | +237% |
| Trade debts | 44 | €6,715 | €31,720 | +€25,005 | +372% |
| Suppliers | 440/4 | €6,715 | €31,720 | +€25,005 | +372% |
| Taxes, remuneration and social security | 45 | €2,117 | €960 | -€1,156 | -54.6% |
| Taxes | 450/3 | €2,117 | €960 | -€1,156 | -54.6% |
| Other amounts payable | 47/48 | €2,317 | €4,895 | +€2,578 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,535 | €1,955 | +€421 | +27.4% |
| Other operating charges | 640/8 | €396 | €666 | +€270 | +68.1% |
| Gross operating margin | 9900 | €8,418 | €8,389 | -€28 | -0.3% |
| Operating profit (loss) | 9901 | €6,487 | €5,769 | -€719 | -11.1% |
| Financial income | 75/76B | €141 | €77 | -€64 | -45.4% |
| Recurring financial income | 75 | €141 | €77 | -€64 | -45.4% |
| Financial charges | 65/66B | €1,823 | €2,513 | +€690 | +37.8% |
| Recurring financial charges | 65 | €1,823 | €2,513 | +€690 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €4,805 | €3,333 | -€1,472 | -30.6% |
| Income taxes | 67/77 | €1,255 | €960 | -€294 | -23.4% |
| Profit (loss) for the period | 9904 | €3,551 | €2,373 | -€1,178 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,551 | €2,373 | -€1,178 | -33.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.