STALE6: 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.
STALE6
Largest movements
- Receivables within one year +€46,280
up €46,280 (+654%), from €7,072 to €53,352
of which Trade receivables: +€46,272
- Cash +€40,861
up €40,861 (+280%), from €14,590 to €55,451
mainly Net result for the year (+€68,965) and Tax, wage and social debts (+€17,683)
- Reserves +€80,000
new in 2025: €80,000
- Tax, wage and social debts +€17,683
up €17,683 (+371%), from €4,768 to €22,451
- Profit (loss) carried forward -€11,035
down €11,035 (-77.6%), from €14,213 to €3,178
- Gross operating margin +€69,267
up €69,267 (+377%), from €18,387 to €87,654
- Taxes +€14,232
up €14,232 (+367%), from €3,878 to €18,110
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 | €22,554 | €110,304 | +€87,750 | +389% |
| Fixed assets | 21/28 | €892 | €534 | -€358 | -40.1% |
| Tangible fixed assets | 22/27 | €892 | €534 | -€358 | -40.1% |
| Furniture and vehicles | 24 | €892 | €534 | -€358 | -40.1% |
| Current assets | 29/58 | €21,662 | €109,770 | +€88,108 | +407% |
| Amounts receivable within one year | 40/41 | €7,072 | €53,352 | +€46,280 | +654% |
| Trade receivables | 40 | €7,072 | €53,344 | +€46,272 | +654% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €14,590 | €55,451 | +€40,861 | +280% |
| Deferred charges and accrued income | 490/1 | - | €968 | +€968 | |
| Total equity and liabilities | 10/49 | €22,554 | €110,304 | +€87,750 | +389% |
| Equity | 10/15 | €16,713 | €85,678 | +€68,965 | +413% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €80,000 | +€80,000 | |
| Distributable reserves | 133 | - | €80,000 | +€80,000 | |
| Profit (loss) carried forward | 14 | €14,213 | €3,178 | -€11,035 | -77.6% |
| Amounts payable | 17/49 | €5,841 | €24,626 | +€18,785 | +322% |
| Amounts payable within one year | 42/48 | €5,841 | €24,626 | +€18,785 | +322% |
| Trade debts | 44 | - | €125 | +€125 | |
| Suppliers | 440/4 | - | €125 | +€125 | |
| Taxes, remuneration and social security | 45 | €4,768 | €22,451 | +€17,683 | +371% |
| Taxes | 450/3 | €4,768 | €22,451 | +€17,683 | +371% |
| Other amounts payable | 47/48 | €1,073 | €2,050 | +€977 | +91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €358 | +€176 | +96.8% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €18,387 | €87,654 | +€69,267 | +377% |
| Operating profit (loss) | 9901 | €18,155 | €87,296 | +€69,141 | +381% |
| Financial charges | 65/66B | €64 | €221 | +€158 | +246% |
| Recurring financial charges | 65 | €64 | €221 | +€158 | +246% |
| Profit (loss) for the period before taxes | 9903 | €18,091 | €87,075 | +€68,983 | +381% |
| Income taxes | 67/77 | €3,878 | €18,110 | +€14,232 | +367% |
| Profit (loss) for the period | 9904 | €14,213 | €68,965 | +€54,752 | +385% |
| Profit (loss) for the period to be appropriated | 9905 | €14,213 | €68,965 | +€54,752 | +385% |
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 14 October 2026 via checked.be.