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 -€21,358
down €21,358 (-45.4%), from €47,049 to €25,692
of which Trade receivables: -€11,545
- Tangible fixed assets -€16,922
down €16,922 (-21.0%), from €80,630 to €63,708
of which Furniture and vehicles: -€15,114
- Cash +€10,091
up €10,091 (+454.4%), from €2,220 to €12,311
mainly Receivables within one year (+€21,358) and Other debts (+€19,206)
- Reserves -€32,451
down €32,451 (-39.3%), from €82,533 to €50,082
- Other debts +€19,206
up €19,206 (+145.0%), from €13,245 to €32,451
- Debts after one year -€10,162
down €10,162 (-54.0%), from €18,822 to €8,661
- Short-term financial debts -€4,614
no longer reported in 2025 (was €4,614)
- Gross operating margin +€11,993
up €11,993 (+166.6%), from €7,200 to €19,192
- Other operating charges -€364
down €364 (-15.9%), from €2,286 to €1,922
- Depreciation +€202
up €202 (+1.2%), from €16,720 to €16,922
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 | €141,829 | €114,337 | -€27,491 | -19.4% |
| Fixed assets | 21/28 | €81,150 | €64,228 | -€16,922 | -20.9% |
| Tangible fixed assets | 22/27 | €80,630 | €63,708 | -€16,922 | -21.0% |
| Plant, machinery and equipment | 23 | €5,340 | €3,533 | -€1,808 | -33.8% |
| Furniture and vehicles | 24 | €75,289 | €60,175 | -€15,114 | -20.1% |
| Financial fixed assets | 28 | €520 | €520 | = | 0.0% |
| Current assets | 29/58 | €60,679 | €50,110 | -€10,569 | -17.4% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,049 | €25,692 | -€21,358 | -45.4% |
| Trade receivables | 40 | €20,470 | €8,925 | -€11,545 | -56.4% |
| Other amounts receivable | 41 | €26,579 | €16,767 | -€9,813 | -36.9% |
| Cash at bank and in hand | 54/58 | €2,220 | €12,311 | +€10,091 | +454.4% |
| Deferred charges and accrued income | 490/1 | €1,409 | €2,107 | +€697 | +49.5% |
| Total equity and liabilities | 10/49 | €141,829 | €114,337 | -€27,491 | -19.4% |
| Equity | 10/15 | €89,240 | €56,493 | -€32,747 | -36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,533 | €50,082 | -€32,451 | -39.3% |
| Distributable reserves | 133 | €82,533 | €50,082 | -€32,451 | -39.3% |
| Profit (loss) carried forward | 14 | €507 | €210 | -€297 | -58.5% |
| Amounts payable | 17/49 | €52,589 | €57,845 | +€5,256 | +10.0% |
| Amounts payable after more than one year | 17 | €18,822 | €8,661 | -€10,162 | -54.0% |
| Financial debts | 170/4 | €18,822 | €8,661 | -€10,162 | -54.0% |
| Amounts payable within one year | 42/48 | €33,767 | €49,184 | +€15,417 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €9,915 | €10,162 | +€247 | +2.5% |
| Financial debts | 43 | €4,614 | - | -€4,614 | |
| Credit institutions | 430/8 | €4,614 | - | -€4,614 | |
| Trade debts | 44 | €542 | €1,816 | +€1,274 | +235.3% |
| Suppliers | 440/4 | €542 | €1,816 | +€1,274 | +235.3% |
| Taxes, remuneration and social security | 45 | €5,451 | €4,756 | -€696 | -12.8% |
| Taxes | 450/3 | €5,451 | €4,485 | -€966 | -17.7% |
| Remuneration and social security | 454/9 | - | €271 | +€271 | |
| Other amounts payable | 47/48 | €13,245 | €32,451 | +€19,206 | +145.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,720 | €16,922 | +€202 | +1.2% |
| Other operating charges | 640/8 | €2,286 | €1,922 | -€364 | -15.9% |
| Gross operating margin | 9900 | €7,200 | €19,192 | +€11,993 | +166.6% |
| Operating profit (loss) | 9901 | -€11,806 | €349 | +€12,155 | |
| Financial income | 75/76B | €908 | €846 | -€62 | -6.8% |
| Recurring financial income | 75 | €908 | €846 | -€62 | -6.8% |
| Financial charges | 65/66B | €1,230 | €1,065 | -€165 | -13.4% |
| Recurring financial charges | 65 | €1,230 | €1,065 | -€165 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,128 | €130 | +€12,257 | |
| Income taxes | 67/77 | €426 | €426 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€12,554 | -€297 | +€12,257 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,554 | -€297 | +€12,257 | +97.6% |
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.