STAS: what changed
Two fiscal 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.
STAS
Largest movements
- Receivables within one year +€255,953
up €255,953 (+2.8%), from €9.0m to €9.3m
- Stocks and contracts -€197,296
down €197,296 (-20.0%), from €986,476 to €789,180
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€74,437
down €74,437 (-44.8%), from €166,056 to €91,619
- Gross operating margin -€50,133
down €50,133 (-850.1%), from -€5,897 to -€56,030
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 | €10,037,864 | €10,075,097 | +€37,233 | +0.4% |
| Current assets | 29/58 | €10,037,864 | €10,075,097 | +€37,233 | +0.4% |
| Stocks and contracts in progress | 3 | €986,476 | €789,180 | -€197,296 | -20.0% |
| Stocks | 30/36 | €986,476 | €789,180 | -€197,296 | -20.0% |
| Amounts receivable within one year | 40/41 | €9,029,853 | €9,285,806 | +€255,953 | +2.8% |
| Other amounts receivable | 41 | €9,029,853 | €9,285,806 | +€255,953 | +2.8% |
| Cash at bank and in hand | 54/58 | €20 | €111 | +€91 | +452.9% |
| Deferred charges and accrued income | 490/1 | €21,515 | €0 | -€21,515 | -100.0% |
| Total equity and liabilities | 10/49 | €10,037,864 | €10,075,097 | +€37,233 | +0.4% |
| Equity | 10/15 | €10,030,828 | €10,065,225 | +€34,397 | +0.3% |
| Contributions | 10/11 | €12,040,000 | €12,040,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,009,172 | -€1,974,775 | +€34,397 | +1.7% |
| Amounts payable | 17/49 | €7,036 | €9,872 | +€2,836 | +40.3% |
| Amounts payable within one year | 42/48 | €4,047 | €9,872 | +€5,825 | +143.9% |
| Trade debts | 44 | €4,047 | €9,872 | +€5,825 | +143.9% |
| Suppliers | 440/4 | €4,047 | €9,872 | +€5,825 | +143.9% |
| Accrued charges and deferred income | 492/3 | €2,989 | €0 | -€2,989 | -100.0% |
| Other operating charges | 640/8 | €1,001 | €1,012 | +€11 | +1.1% |
| Gross operating margin | 9900 | -€5,897 | -€56,030 | -€50,133 | -850.1% |
| Operating profit (loss) | 9901 | -€6,898 | -€57,042 | -€50,144 | -726.9% |
| Financial income | 75/76B | €166,056 | €91,619 | -€74,437 | -44.8% |
| Recurring financial income | 75 | €166,056 | €91,619 | -€74,437 | -44.8% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.2% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €159,008 | €34,396 | -€124,612 | -78.4% |
| Profit (loss) for the period | 9904 | €159,008 | €34,396 | -€124,612 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €159,008 | €34,396 | -€124,612 | -78.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.