Stage Factory: 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.
Stage Factory
Largest movements
- Receivables within one year -€7,593
down €7,593 (-33.7%), from €22,511 to €14,918
- Tangible fixed assets +€6,051
up €6,051 (+178%), from €3,394 to €9,445
of which Plant, machinery and equipment: +€5,818
- Cash -€2,352
down €2,352 (-27.5%), from €8,556 to €6,205
mainly Net result for the year (-€8,740) and Investment in fixed assets (net) (-€8,683)
- Deferred charges and accrued income -€429
down €429 (-89.0%), from €483 to €53
- Profit (loss) carried forward -€8,740
down €8,740 (-39.3%), from €22,219 to €13,479
- Accrued charges and deferred income +€2,108
new in 2025: €2,108
- Other debts +€1,517
up €1,517 (+29.2%), from €5,198 to €6,716
- Trade debts +€946
up €946 (+340%), from €278 to €1,224
- Gross operating margin -€22,659
down €22,659, from €17,587 to -€5,071
- Taxes -€3,124
down €3,124 (-95.9%), from €3,256 to €132
- Depreciation +€2,030
up €2,030 (+337%), from €602 to €2,632
- Other operating charges +€282
up €282 (+66.8%), from €423 to €706
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 | €34,943 | €30,620 | -€4,323 | -12.4% |
| Fixed assets | 21/28 | €3,394 | €9,445 | +€6,051 | +178% |
| Tangible fixed assets | 22/27 | €3,394 | €9,445 | +€6,051 | +178% |
| Plant, machinery and equipment | 23 | €3,306 | €9,124 | +€5,818 | +176% |
| Furniture and vehicles | 24 | €88 | €321 | +€233 | +264% |
| Current assets | 29/58 | €31,549 | €21,176 | -€10,374 | -32.9% |
| Amounts receivable within one year | 40/41 | €22,511 | €14,918 | -€7,593 | -33.7% |
| Trade receivables | 40 | €22,511 | €14,918 | -€7,593 | -33.7% |
| Cash at bank and in hand | 54/58 | €8,556 | €6,205 | -€2,352 | -27.5% |
| Deferred charges and accrued income | 490/1 | €483 | €53 | -€429 | -89.0% |
| Total equity and liabilities | 10/49 | €34,943 | €30,620 | -€4,323 | -12.4% |
| Equity | 10/15 | €22,319 | €13,579 | -€8,740 | -39.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,219 | €13,479 | -€8,740 | -39.3% |
| Amounts payable | 17/49 | €12,624 | €17,042 | +€4,418 | +35.0% |
| Amounts payable within one year | 42/48 | €12,624 | €14,934 | +€2,310 | +18.3% |
| Trade debts | 44 | €278 | €1,224 | +€946 | +340% |
| Suppliers | 440/4 | €278 | €1,224 | +€946 | +340% |
| Taxes, remuneration and social security | 45 | €7,147 | €6,993 | -€154 | -2.2% |
| Taxes | 450/3 | €7,147 | €4,993 | -€2,154 | -30.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €5,198 | €6,716 | +€1,517 | +29.2% |
| Accrued charges and deferred income | 492/3 | - | €2,108 | +€2,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €602 | €2,632 | +€2,030 | +337% |
| Other operating charges | 640/8 | €423 | €706 | +€282 | +66.8% |
| Gross operating margin | 9900 | €17,587 | -€5,071 | -€22,659 | |
| Operating profit (loss) | 9901 | €16,562 | -€8,409 | -€24,971 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €188 | €200 | +€12 | +6.3% |
| Recurring financial charges | 65 | €188 | €200 | +€12 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €16,377 | -€8,608 | -€24,986 | |
| Income taxes | 67/77 | €3,256 | €132 | -€3,124 | -95.9% |
| Profit (loss) for the period | 9904 | €13,121 | -€8,740 | -€21,862 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,121 | -€8,740 | -€21,862 |
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 13 October 2026 via checked.be.