STASSEM: 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.
STASSEM
Largest movements
- Cash +€7,116
up €7,116 (+34.7%), from €20,519 to €27,636
mainly Trade debts (+€13,551) and Depreciation (+€647)
- Receivables within one year +€896
up €896 (+10.6%), from €8,420 to €9,315
- Tangible fixed assets -€647
down €647 (-14.3%), from €4,528 to €3,882
- Trade debts +€13,551
up €13,551 (+247.0%), from €5,487 to €19,038
- Profit (loss) carried forward -€6,096
down €6,096 (-3.2%), from -€187,924 to -€194,020
- Financial charges +€6,953
up €6,953 (+768.8%), from €904 to €7,858
- Gross operating margin -€289
down €289 (-3.9%), from €7,476 to €7,186
- Other operating charges -€246
down €246 (-5.8%), from €4,242 to €3,996
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,040 | €43,495 | +€7,455 | +20.7% |
| Fixed assets | 21/28 | €4,528 | €3,882 | -€647 | -14.3% |
| Tangible fixed assets | 22/27 | €4,528 | €3,882 | -€647 | -14.3% |
| Land and buildings | 22 | €4,528 | €3,882 | -€647 | -14.3% |
| Current assets | 29/58 | €31,512 | €39,613 | +€8,102 | +25.7% |
| Amounts receivable within one year | 40/41 | €8,420 | €9,315 | +€896 | +10.6% |
| Trade receivables | 40 | €8,420 | €9,315 | +€896 | +10.6% |
| Cash at bank and in hand | 54/58 | €20,519 | €27,636 | +€7,116 | +34.7% |
| Deferred charges and accrued income | 490/1 | €2,573 | €2,662 | +€90 | +3.5% |
| Total equity and liabilities | 10/49 | €36,040 | €43,495 | +€7,455 | +20.7% |
| Equity | 10/15 | -€167,464 | -€173,560 | -€6,096 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,924 | -€194,020 | -€6,096 | -3.2% |
| Amounts payable | 17/49 | €203,504 | €217,054 | +€13,551 | +6.7% |
| Amounts payable after more than one year | 17 | €198,017 | €198,017 | = | 0.0% |
| Other amounts payable | 178/9 | €198,017 | €198,017 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,487 | €19,038 | +€13,551 | +247.0% |
| Trade debts | 44 | €5,487 | €19,038 | +€13,551 | +247.0% |
| Suppliers | 440/4 | €5,487 | €19,038 | +€13,551 | +247.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647 | €647 | = | 0.0% |
| Other operating charges | 640/8 | €4,242 | €3,996 | -€246 | -5.8% |
| Non-recurring operating charges | 66A | - | €782 | +€782 | |
| Gross operating margin | 9900 | €7,476 | €7,186 | -€289 | -3.9% |
| Operating profit (loss) | 9901 | €2,587 | €1,762 | -€826 | -31.9% |
| Financial charges | 65/66B | €904 | €7,858 | +€6,953 | +768.8% |
| Recurring financial charges | 65 | €904 | €7,858 | +€6,953 | +768.8% |
| Profit (loss) for the period before taxes | 9903 | €1,683 | -€6,096 | -€7,779 | |
| Profit (loss) for the period | 9904 | €1,683 | -€6,096 | -€7,779 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,683 | -€6,096 | -€7,779 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.