STADEMIUS: 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.
STADEMIUS
Largest movements
- Receivables after one year -€18,000
no longer reported in 2024 (was €18,000)
- Tangible fixed assets -€15,211
down €15,211 (-14.3%), from €106,602 to €91,391
of which Furniture and vehicles: -€13,151
- Receivables within one year +€8,050
up €8,050 (+289.6%), from €2,780 to €10,830
of which Trade receivables: +€8,657
- Cash +€3,141
up €3,141 (+7.6%), from €41,083 to €44,224
mainly Net result for the year (+€49,145) and Depreciation (+€18,753)
- Debts after one year -€11,625
down €11,625 (-25.2%), from €46,114 to €34,489
- Tax, wage and social debts -€10,307
down €10,307 (-41.1%), from €25,054 to €14,747
- Reserves -€4,484
down €4,484 (-5.4%), from €83,629 to €79,145
- Short-term financial debts +€3,183
new in 2024: €3,183
- Gross operating margin +€26,365
up €26,365 (+40.6%), from €64,986 to €91,351
- Depreciation +€10,822
up €10,822 (+136.5%), from €7,931 to €18,753
- Taxes +€7,392
up €7,392 (+57.6%), from €12,836 to €20,228
- Financial charges -€2,016
down €2,016 (-46.2%), from €4,364 to €2,348
of which Non-recurring financial charges: -€3,432
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,322 | €148,315 | -€22,007 | -12.9% |
| Fixed assets | 21/28 | €106,602 | €91,391 | -€15,211 | -14.3% |
| Tangible fixed assets | 22/27 | €106,602 | €91,391 | -€15,211 | -14.3% |
| Land and buildings | 22 | €44,355 | €42,708 | -€1,647 | -3.7% |
| Plant, machinery and equipment | 23 | €638 | €225 | -€413 | -64.7% |
| Furniture and vehicles | 24 | €61,609 | €48,458 | -€13,151 | -21.3% |
| Current assets | 29/58 | €63,720 | €56,924 | -€6,796 | -10.7% |
| Amounts receivable after more than one year | 29 | €18,000 | - | -€18,000 | |
| Other amounts receivable | 291 | €18,000 | - | -€18,000 | |
| Amounts receivable within one year | 40/41 | €2,780 | €10,830 | +€8,050 | +289.6% |
| Trade receivables | 40 | €2,173 | €10,830 | +€8,657 | +398.4% |
| Other amounts receivable | 41 | €607 | - | -€607 | |
| Cash at bank and in hand | 54/58 | €41,083 | €44,224 | +€3,141 | +7.6% |
| Deferred charges and accrued income | 490/1 | €1,857 | €1,870 | +€13 | +0.7% |
| Total equity and liabilities | 10/49 | €170,322 | €148,315 | -€22,007 | -12.9% |
| Equity | 10/15 | €85,129 | €80,645 | -€4,484 | -5.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €83,629 | €79,145 | -€4,484 | -5.4% |
| Distributable reserves | 133 | €83,629 | €79,145 | -€4,484 | -5.4% |
| Amounts payable | 17/49 | €85,193 | €67,670 | -€17,523 | -20.6% |
| Amounts payable after more than one year | 17 | €46,114 | €34,489 | -€11,625 | -25.2% |
| Financial debts | 170/4 | €46,114 | €34,489 | -€11,625 | -25.2% |
| Amounts payable within one year | 42/48 | €39,079 | €32,180 | -€6,899 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €11,165 | €11,624 | +€459 | +4.1% |
| Financial debts | 43 | - | €3,183 | +€3,183 | |
| Credit institutions | 430/8 | - | €3,183 | +€3,183 | |
| Trade debts | 44 | €1,359 | €1,470 | +€111 | +8.2% |
| Suppliers | 440/4 | €1,359 | €1,470 | +€111 | +8.2% |
| Advances received on contracts in progress | 46 | €1,501 | - | -€1,501 | |
| Taxes, remuneration and social security | 45 | €25,054 | €14,747 | -€10,307 | -41.1% |
| Taxes | 450/3 | €25,054 | €14,747 | -€10,307 | -41.1% |
| Other amounts payable | 47/48 | - | €1,156 | +€1,156 | |
| Accrued charges and deferred income | 492/3 | - | €1,001 | +€1,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,931 | €18,753 | +€10,822 | +136.5% |
| Other operating charges | 640/8 | €1,388 | €937 | -€451 | -32.5% |
| Gross operating margin | 9900 | €64,986 | €91,351 | +€26,365 | +40.6% |
| Operating profit (loss) | 9901 | €55,667 | €71,661 | +€15,994 | +28.7% |
| Financial income | 75/76B | €370 | €60 | -€310 | -83.8% |
| Recurring financial income | 75 | €370 | €60 | -€310 | -83.8% |
| Financial charges | 65/66B | €4,364 | €2,348 | -€2,016 | -46.2% |
| Recurring financial charges | 65 | €932 | €2,348 | +€1,416 | +151.9% |
| Non-recurring financial charges | 66B | €3,432 | - | -€3,432 | |
| Profit (loss) for the period before taxes | 9903 | €51,673 | €69,373 | +€17,700 | +34.3% |
| Income taxes | 67/77 | €12,836 | €20,228 | +€7,392 | +57.6% |
| Profit (loss) for the period | 9904 | €38,837 | €49,145 | +€10,308 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,837 | €49,145 | +€10,308 | +26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.