STADIUM 1: 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.
STADIUM 1
Largest movements
- Cash +€4
up €4 (+70.4%), from €6 to €9
mainly Other debts (+€516)
- Other debts +€516
up €516 (+1.7%), from €29,542 to €30,058
- Profit (loss) carried forward -€512
down €512 (-1.4%), from -€35,737 to -€36,249
- Gross operating margin -€463
new in 2025: -€463
- Financial income +€5
new in 2025: €5
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.
Cash bridge derived
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 | €6 | €9 | +€4 | +70.4% |
| Current assets | 29/58 | €6 | €9 | +€4 | +70.4% |
| Cash at bank and in hand | 54/58 | €6 | €9 | +€4 | +70.4% |
| Total equity and liabilities | 10/49 | €6 | €9 | +€4 | +70.4% |
| Equity | 10/15 | -€29,537 | -€30,049 | -€512 | -1.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,737 | -€36,249 | -€512 | -1.4% |
| Amounts payable | 17/49 | €29,542 | €30,058 | +€516 | +1.7% |
| Amounts payable within one year | 42/48 | €29,542 | €30,058 | +€516 | +1.7% |
| Other amounts payable | 47/48 | €29,542 | €30,058 | +€516 | +1.7% |
| Gross operating margin | 9900 | - | -€463 | -€463 | |
| Operating profit (loss) | 9901 | - | -€463 | -€463 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €54 | €54 | +€0 | +0.1% |
| Recurring financial charges | 65 | €54 | €54 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€54 | -€512 | -€458 | -848.3% |
| Profit (loss) for the period | 9904 | -€54 | -€512 | -€458 | -848.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€54 | -€512 | -€458 | -848.3% |
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 10 October 2026 via checked.be.