STASSI: 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.
STASSI
Largest movements
- Cash +€16,644
up €16,644 (+15.1%), from €110,080 to €126,724
mainly Net result for the year (+€24,393) and Depreciation (+€22,368)
- Tangible fixed assets -€15,653
down €15,653 (-21.4%), from €73,052 to €57,399
of which Plant, machinery and equipment: -€8,806
- Stocks and contracts +€4,997
new in 2025: €4,997
- Receivables within one year -€4,008
down €4,008 (-22.9%), from €17,532 to €13,524
of which Other amounts receivable: -€2,673
- Reserves +€24,393
up €24,393 (+26.5%), from €91,965 to €116,358
- Trade debts -€22,144
down €22,144 (-56.1%), from €39,463 to €17,319
- Tax, wage and social debts +€10,292
up €10,292 (+42.1%), from €24,440 to €34,732
of which Taxes: +€5,816
- Debts after one year -€10,086
down €10,086 (-32.5%), from €31,030 to €20,944
- Current portion of long-term debt -€4,662
down €4,662 (-31.6%), from €14,748 to €10,086
- Staff costs +€40,645
up €40,645 (+31.4%), from €129,468 to €170,113
- Taxes -€8,515
down €8,515 (-54.9%), from €15,497 to €6,983
- Financial charges -€2,411
down €2,411 (-38.5%), from €6,268 to €3,857
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 | €205,583 | €205,172 | -€411 | -0.2% |
| Fixed assets | 21/28 | €74,517 | €57,926 | -€16,591 | -22.3% |
| Intangible fixed assets | 21 | €1,465 | €527 | -€938 | -64.0% |
| Tangible fixed assets | 22/27 | €73,052 | €57,399 | -€15,653 | -21.4% |
| Land and buildings | 22 | €31,000 | €23,018 | -€7,982 | -25.7% |
| Plant, machinery and equipment | 23 | €38,918 | €30,112 | -€8,806 | -22.6% |
| Furniture and vehicles | 24 | €3,134 | €4,269 | +€1,135 | +36.2% |
| Current assets | 29/58 | €131,066 | €147,246 | +€16,180 | +12.3% |
| Stocks and contracts in progress | 3 | - | €4,997 | +€4,997 | |
| Stocks | 30/36 | - | €4,997 | +€4,997 | |
| Amounts receivable within one year | 40/41 | €17,532 | €13,524 | -€4,008 | -22.9% |
| Trade receivables | 40 | €1,401 | €66 | -€1,335 | -95.3% |
| Other amounts receivable | 41 | €16,131 | €13,458 | -€2,673 | -16.6% |
| Cash at bank and in hand | 54/58 | €110,080 | €126,724 | +€16,644 | +15.1% |
| Deferred charges and accrued income | 490/1 | €3,453 | €2,001 | -€1,452 | -42.1% |
| Total equity and liabilities | 10/49 | €205,583 | €205,172 | -€411 | -0.2% |
| Equity | 10/15 | €92,065 | €116,458 | +€24,393 | +26.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €91,965 | €116,358 | +€24,393 | +26.5% |
| Distributable reserves | 133 | €91,965 | €116,358 | +€24,393 | +26.5% |
| Amounts payable | 17/49 | €113,519 | €88,714 | -€24,804 | -21.9% |
| Amounts payable after more than one year | 17 | €31,030 | €20,944 | -€10,086 | -32.5% |
| Financial debts | 170/4 | €31,030 | €20,944 | -€10,086 | -32.5% |
| Amounts payable within one year | 42/48 | €82,489 | €67,771 | -€14,718 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €14,748 | €10,086 | -€4,662 | -31.6% |
| Trade debts | 44 | €39,463 | €17,319 | -€22,144 | -56.1% |
| Suppliers | 440/4 | €39,463 | €17,319 | -€22,144 | -56.1% |
| Taxes, remuneration and social security | 45 | €24,440 | €34,732 | +€10,292 | +42.1% |
| Taxes | 450/3 | €8,997 | €14,813 | +€5,816 | +64.6% |
| Remuneration and social security | 454/9 | €15,442 | €19,918 | +€4,476 | +29.0% |
| Other amounts payable | 47/48 | €3,838 | €5,634 | +€1,796 | +46.8% |
| Non-recurring operating income | 76A | - | €9,589 | +€9,589 | |
| Remuneration, social security and pensions | 62 | €129,468 | €170,113 | +€40,645 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,684 | €22,368 | +€685 | +3.2% |
| Other operating charges | 640/8 | €1,828 | €1,108 | -€721 | -39.4% |
| Gross operating margin | 9900 | €226,692 | €228,057 | +€1,365 | +0.6% |
| Operating profit (loss) | 9901 | €73,712 | €34,468 | -€39,244 | -53.2% |
| Financial income | 75/76B | €992 | €765 | -€227 | -22.9% |
| Recurring financial income | 75 | €992 | €765 | -€227 | -22.9% |
| Financial charges | 65/66B | €6,268 | €3,857 | -€2,411 | -38.5% |
| Recurring financial charges | 65 | €6,268 | €3,857 | -€2,411 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €68,437 | €31,376 | -€37,061 | -54.2% |
| Income taxes | 67/77 | €15,497 | €6,983 | -€8,515 | -54.9% |
| Profit (loss) for the period | 9904 | €52,939 | €24,393 | -€28,546 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,939 | €24,393 | -€28,546 | -53.9% |
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 13 October 2026 via checked.be.