STAGE RENTING: 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 RENTING
Largest movements
- Receivables within one year -€31,835
down €31,835 (-13.1%), from €243,346 to €211,512
of which Other amounts receivable: -€78,476
- Cash -€21,734
down €21,734 (-57.1%), from €38,081 to €16,347
mainly Investment in fixed assets (net) (-€86,263) and Net result for the year (-€39,934)
- Profit (loss) carried forward -€39,934
new in 2025: -€39,934
- Tax, wage and social debts -€28,620
down €28,620 (-59.3%), from €48,261 to €19,641
of which Taxes: -€24,249
- Trade debts -€24,740
down €24,740 (-51.8%), from €47,762 to €23,022
- Debts after one year +€23,411
up €23,411 (+96.0%), from €24,378 to €47,790
- Current portion of long-term debt +€16,301
new in 2025: €16,301
- Gross operating margin -€83,981
down €83,981 (-39.8%), from €210,845 to €126,863
- Staff costs -€14,504
down €14,504 (-18.4%), from €78,687 to €64,182
- Taxes -€7,885
down €7,885 (-98.3%), from €8,022 to €137
- Depreciation -€7,840
down €7,840 (-8.4%), from €93,819 to €85,979
- Write-downs +€5,024
up €5,024 (+268%), from €1,874 to €6,898
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 | €578,056 | €525,800 | -€52,256 | -9.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €294,519 | €294,803 | +€284 | +0.1% |
| Tangible fixed assets | 22/27 | €294,519 | €294,803 | +€284 | +0.1% |
| Plant, machinery and equipment | 23 | €225,656 | €240,836 | +€15,180 | +6.7% |
| Furniture and vehicles | 24 | €28,669 | €18,059 | -€10,609 | -37.0% |
| Leasing and similar rights | 25 | €23,221 | €16,553 | -€6,669 | -28.7% |
| Other tangible fixed assets | 26 | €16,972 | €19,354 | +€2,382 | +14.0% |
| Current assets | 29/58 | €283,537 | €230,997 | -€52,540 | -18.5% |
| Stocks and contracts in progress | 3 | - | €1,117 | +€1,117 | |
| Stocks | 30/36 | - | €1,117 | +€1,117 | |
| Amounts receivable within one year | 40/41 | €243,346 | €211,512 | -€31,835 | -13.1% |
| Trade receivables | 40 | €25,846 | €72,487 | +€46,641 | +180% |
| Other amounts receivable | 41 | €217,500 | €139,024 | -€78,476 | -36.1% |
| Cash at bank and in hand | 54/58 | €38,081 | €16,347 | -€21,734 | -57.1% |
| Deferred charges and accrued income | 490/1 | €2,110 | €2,022 | -€88 | -4.2% |
| Total equity and liabilities | 10/49 | €578,056 | €525,800 | -€52,256 | -9.0% |
| Equity | 10/15 | €407,767 | €367,833 | -€39,934 | -9.8% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €333,399 | €333,399 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €325,962 | €325,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€39,934 | -€39,934 | |
| Amounts payable | 17/49 | €170,289 | €157,967 | -€12,322 | -7.2% |
| Amounts payable after more than one year | 17 | €24,378 | €47,790 | +€23,411 | +96.0% |
| Financial debts | 170/4 | €24,378 | €47,790 | +€23,411 | +96.0% |
| Amounts payable within one year | 42/48 | €145,885 | €109,825 | -€36,059 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €16,301 | +€16,301 | |
| Financial debts | 43 | €12,642 | €2,528 | -€10,114 | -80.0% |
| Credit institutions | 430/8 | €12,642 | €2,528 | -€10,114 | -80.0% |
| Trade debts | 44 | €47,762 | €23,022 | -€24,740 | -51.8% |
| Suppliers | 440/4 | €47,762 | €23,022 | -€24,740 | -51.8% |
| Taxes, remuneration and social security | 45 | €48,261 | €19,641 | -€28,620 | -59.3% |
| Taxes | 450/3 | €24,249 | - | -€24,249 | |
| Remuneration and social security | 454/9 | €24,012 | €19,641 | -€4,371 | -18.2% |
| Other amounts payable | 47/48 | €37,219 | €48,333 | +€11,114 | +29.9% |
| Accrued charges and deferred income | 492/3 | €26 | €352 | +€326 | +1,274% |
| Non-recurring operating income | 76A | €40,713 | €16,416 | -€24,296 | -59.7% |
| Remuneration, social security and pensions | 62 | €78,687 | €64,182 | -€14,504 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,819 | €85,979 | -€7,840 | -8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,874 | €6,898 | +€5,024 | +268% |
| Other operating charges | 640/8 | €6,898 | €7,592 | +€695 | +10.1% |
| Non-recurring operating charges | 66A | €1,600 | - | -€1,600 | |
| Gross operating margin | 9900 | €210,845 | €126,863 | -€83,981 | -39.8% |
| Operating profit (loss) | 9901 | €27,967 | -€37,788 | -€65,755 | |
| Financial income | 75/76B | €3,985 | €1,960 | -€2,025 | -50.8% |
| Recurring financial income | 75 | €3,985 | €1,960 | -€2,025 | -50.8% |
| Financial charges | 65/66B | €2,866 | €3,969 | +€1,103 | +38.5% |
| Recurring financial charges | 65 | €2,866 | €3,719 | +€853 | +29.8% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €29,086 | -€39,797 | -€68,883 | |
| Income taxes | 67/77 | €8,022 | €137 | -€7,885 | -98.3% |
| Profit (loss) for the period | 9904 | €21,064 | -€39,934 | -€60,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,064 | -€39,934 | -€60,998 |
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 27 October 2026 via checked.be.