STADTS: 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.
STADTS
Largest movements
- Tangible fixed assets -€966
down €966 (-7.5%), from €12,900 to €11,935
of which Furniture and vehicles: -€536
- Cash +€388
up €388 (+38.8%), from €1,000 to €1,388
mainly Other debts (+€1,449) and Depreciation (+€966)
- Other debts +€1,449
up €1,449 (+10.1%), from €14,407 to €15,856
- Profit (loss) carried forward -€1,401
down €1,401 (-6.9%), from -€20,236 to -€21,638
- Trade debts -€718
no longer reported in 2025 (was €718)
- Gross operating margin +€1,538
up €1,538, from -€547 to €991
- Depreciation -€1,068
down €1,068 (-52.5%), from €2,033 to €966
- Other operating charges -€137
down €137 (-9.1%), from €1,501 to €1,365
- Financial charges +€24
up €24 (+62.4%), from €38 to €62
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 | €15,642 | €14,971 | -€671 | -4.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,900 | €11,935 | -€966 | -7.5% |
| Tangible fixed assets | 22/27 | €12,900 | €11,935 | -€966 | -7.5% |
| Land and buildings | 22 | €11,681 | €11,252 | -€429 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,220 | €683 | -€536 | -44.0% |
| Current assets | 29/58 | €2,741 | €3,036 | +€295 | +10.8% |
| Amounts receivable within one year | 40/41 | €1,102 | €969 | -€133 | -12.1% |
| Trade receivables | 40 | €969 | €969 | = | 0.0% |
| Other amounts receivable | 41 | €133 | - | -€133 | |
| Cash at bank and in hand | 54/58 | €1,000 | €1,388 | +€388 | +38.8% |
| Deferred charges and accrued income | 490/1 | €640 | €680 | +€40 | +6.2% |
| Total equity and liabilities | 10/49 | €15,642 | €14,971 | -€671 | -4.3% |
| Equity | 10/15 | €516 | -€885 | -€1,401 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,160 | €2,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,160 | €2,160 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,160 | €2,160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,236 | -€21,638 | -€1,401 | -6.9% |
| Amounts payable | 17/49 | €15,126 | €15,856 | +€730 | +4.8% |
| Amounts payable within one year | 42/48 | €15,126 | €15,856 | +€730 | +4.8% |
| Trade debts | 44 | €718 | - | -€718 | |
| Suppliers | 440/4 | €718 | - | -€718 | |
| Other amounts payable | 47/48 | €14,407 | €15,856 | +€1,449 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,033 | €966 | -€1,068 | -52.5% |
| Other operating charges | 640/8 | €1,501 | €1,365 | -€137 | -9.1% |
| Gross operating margin | 9900 | -€547 | €991 | +€1,538 | |
| Operating profit (loss) | 9901 | -€4,082 | -€1,339 | +€2,743 | +67.2% |
| Financial charges | 65/66B | €38 | €62 | +€24 | +62.4% |
| Recurring financial charges | 65 | €38 | €62 | +€24 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,120 | -€1,401 | +€2,719 | +66.0% |
| Profit (loss) for the period | 9904 | -€4,120 | -€1,401 | +€2,719 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,120 | -€1,401 | +€2,719 | +66.0% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.