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STADION: 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.

What changed

STADION

BE 0753.673.370
NACE 68.122, Development of non-residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€15,681
2024 · €98,304-€113,985
Equity
€224,088
2024 · €239,769-€15,681
Cash
€30,853
2024 · €995,098-€964,245
Balance sheet total
€227,059
2024 · €1.4m-€1.2m

Largest movements

2024 to 2025
Assets
  • Cash -€964,245

    down €964,245 (-96.9%), from €995,098 to €30,853

    mainly Tax, wage and social debts (-€916,789) and Trade debts (-€281,734)

  • Receivables within one year -€254,149

    down €254,149 (-57.0%), from €446,165 to €192,016

    of which Trade receivables: -€446,154

Equity and liabilities
  • Tax, wage and social debts -€916,789

    down €916,789 (-100.0%), from €916,789 to €0

  • Trade debts -€281,734

    down €281,734 (-99.0%), from €284,705 to €2,971

  • Profit (loss) carried forward -€15,681

    down €15,681 (-9.1%), from €172,119 to €156,438

Income statement
  • Other operating income -€187,034

    down €187,034 (-100.0%), from €187,034 to €0

  • Goods and materials -€94,732

    down €94,732 (-85.1%), from €111,322 to €16,590

  • Financial income -€56,551

    down €56,551 (-93.1%), from €60,743 to €4,192

  • Taxes -€34,567

    down €34,567 (-100.0%), from €34,567 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €98,304
Other operating income -€187,034
Goods and materials +€94,732
Services and other goods +€320
Other operating charges -€33
Financial income -€56,551
Financial charges +€12
Taxes +€34,567
Result 2025 -€15,681

Cash bridge derived

cash 2024 to 2025

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.

From operations -€964,245
Investment €0
Financing €0
Cash 2024 €995,098
Net result for the year -€15,681
Receivables within one year +€254,149
Deferred charges and accrued income -€4,189
Trade debts -€281,734
Tax, wage and social debts -€916,789
Cash 2025 €30,853
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,441,263 €227,059 -€1.2m -84.2%
Current assets 29/58 €1,441,263 €227,059 -€1.2m -84.2%
Stocks and contracts in progress 3 €0 €0 =
Amounts receivable within one year 40/41 €446,165 €192,016 -€254,149 -57.0%
Trade receivables 40 €446,154 €0 -€446,154 -100.0%
Other amounts receivable 41 €11 €192,016 +€192,006 +1791097.8%
Current investments 50/53 €0 - =
Other investments 51/53 €0 - =
Cash at bank and in hand 54/58 €995,098 €30,853 -€964,245 -96.9%
Deferred charges and accrued income 490/1 €0 €4,189 +€4,189
Total equity and liabilities 10/49 €1,441,263 €227,059 -€1.2m -84.2%
Equity 10/15 €239,769 €224,088 -€15,681 -6.5%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Reserves 13 €6,150 €6,150 = 0.0%
Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
Legal reserve 130 €6,150 €6,150 = 0.0%
Profit (loss) carried forward 14 €172,119 €156,438 -€15,681 -9.1%
Amounts payable 17/49 €1,201,494 €2,971 -€1.2m -99.8%
Amounts payable within one year 42/48 €1,201,494 €2,971 -€1.2m -99.8%
Trade debts 44 €284,705 €2,971 -€281,734 -99.0%
Suppliers 440/4 €284,705 €2,971 -€281,734 -99.0%
Taxes, remuneration and social security 45 €916,789 €0 -€916,789 -100.0%
Taxes 450/3 €916,789 €0 -€916,789 -100.0%
Other amounts payable 47/48 €0 - =
Accrued charges and deferred income 492/3 €0 - =
Operating income 70/76A €187,034 €0 -€187,034 -100.0%
Turnover 70 €0 - =
Change in stocks of work in progress, finished goods and contracts in progress 71 €0 - =
Other operating income 74 €187,034 €0 -€187,034 -100.0%
Operating charges 60/66A €114,277 €19,258 -€95,019 -83.1%
Goods for resale, raw materials and consumables 60 €111,322 €16,590 -€94,732 -85.1%
Purchases 600/8 €111,322 €16,590 -€94,732 -85.1%
Services and other goods 61 €1,862 €1,541 -€320 -17.2%
Other operating charges 640/8 €1,094 €1,126 +€33 +3.0%
Operating profit (loss) 9901 €72,756 -€19,258 -€92,014
Financial income 75/76B €60,743 €4,192 -€56,551 -93.1%
Recurring financial income 75 €60,743 €4,192 -€56,551 -93.1%
Income from current assets 751 €60,743 €4,189 -€56,554 -93.1%
Other financial income 752/9 €0 €3 +€3 +30600.0%
Financial charges 65/66B €628 €616 -€12 -2.0%
Recurring financial charges 65 €628 €616 -€12 -2.0%
Debt charges 650 €0 - =
Other financial charges 652/9 €628 €616 -€12 -2.0%
Profit (loss) for the period before taxes 9903 €132,871 -€15,681 -€148,553
Income taxes 67/77 €34,567 €0 -€34,567 -100.0%
Taxes 670/3 €34,567 €0 -€34,567 -100.0%
Profit (loss) for the period 9904 €98,304 -€15,681 -€113,985
Profit (loss) for the period to be appropriated 9905 €98,304 -€15,681 -€113,985

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 11 October 2026 via checked.be.