Station 55: 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.
Station 55
Largest movements
- Stocks and contracts +€5,183
up €5,183 (+39.4%), from €13,147 to €18,330
- Tangible fixed assets -€3,732
down €3,732 (-24.5%), from €15,201 to €11,469
- Formation expenses -€550
down €550 (-31.9%), from €1,725 to €1,175
- Debts after one year -€5,643
down €5,643 (-59.2%), from €9,536 to €3,893
- Tax, wage and social debts +€3,666
up €3,666 (+114%), from €3,225 to €6,891
of which Remuneration and social security: +€2,775
- Trade debts +€2,282
up €2,282 (+174%), from €1,312 to €3,594
- Profit (loss) carried forward +€1,038
up €1,038 (+88.6%), from €1,171 to €2,209
- Accrued charges and deferred income -€792
no longer reported in 2025 (was €792)
- Staff costs +€9,830
up €9,830 (+275%), from €3,573 to €13,403
- Gross operating margin +€9,176
up €9,176 (+64.2%), from €14,284 to €23,460
- Other operating charges +€1,230
up €1,230 (+106%), from €1,166 to €2,396
- Financial charges +€287
up €287 (+21.8%), from €1,317 to €1,604
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 | €40,125 | €41,015 | +€890 | +2.2% |
| Formation expenses | 20 | €1,725 | €1,175 | -€550 | -31.9% |
| Fixed assets | 21/28 | €15,406 | €11,674 | -€3,732 | -24.2% |
| Tangible fixed assets | 22/27 | €15,201 | €11,469 | -€3,732 | -24.5% |
| Land and buildings | 22 | €2,920 | €1,763 | -€1,157 | -39.6% |
| Plant, machinery and equipment | 23 | €2,940 | €1,888 | -€1,052 | -35.8% |
| Furniture and vehicles | 24 | €9,341 | €7,818 | -€1,523 | -16.3% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €22,994 | €28,166 | +€5,172 | +22.5% |
| Stocks and contracts in progress | 3 | €13,147 | €18,330 | +€5,183 | +39.4% |
| Stocks | 30/36 | €13,147 | €18,330 | +€5,183 | +39.4% |
| Amounts receivable within one year | 40/41 | - | €41 | +€41 | |
| Other amounts receivable | 41 | - | €41 | +€41 | |
| Cash at bank and in hand | 54/58 | €9,774 | €9,702 | -€72 | -0.7% |
| Deferred charges and accrued income | 490/1 | €74 | €93 | +€19 | +26.4% |
| Total equity and liabilities | 10/49 | €40,125 | €41,015 | +€890 | +2.2% |
| Equity | 10/15 | €14,171 | €15,209 | +€1,038 | +7.3% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,171 | €2,209 | +€1,038 | +88.6% |
| Amounts payable | 17/49 | €25,954 | €25,806 | -€148 | -0.6% |
| Amounts payable after more than one year | 17 | €9,536 | €3,893 | -€5,643 | -59.2% |
| Financial debts | 170/4 | €9,536 | €3,893 | -€5,643 | -59.2% |
| Amounts payable within one year | 42/48 | €15,626 | €21,913 | +€6,287 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €5,416 | €5,643 | +€227 | +4.2% |
| Trade debts | 44 | €1,312 | €3,594 | +€2,282 | +174% |
| Suppliers | 440/4 | €1,312 | €3,594 | +€2,282 | +174% |
| Taxes, remuneration and social security | 45 | €3,225 | €6,891 | +€3,666 | +114% |
| Taxes | 450/3 | €3,225 | €4,116 | +€891 | +27.6% |
| Remuneration and social security | 454/9 | - | €2,775 | +€2,775 | |
| Other amounts payable | 47/48 | €5,673 | €5,785 | +€112 | +2.0% |
| Accrued charges and deferred income | 492/3 | €792 | - | -€792 | |
| Remuneration, social security and pensions | 62 | €3,573 | €13,403 | +€9,830 | +275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,263 | €4,282 | +€19 | +0.5% |
| Other operating charges | 640/8 | €1,166 | €2,396 | +€1,230 | +106% |
| Gross operating margin | 9900 | €14,284 | €23,460 | +€9,176 | +64.2% |
| Operating profit (loss) | 9901 | €5,282 | €3,379 | -€1,903 | -36.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,317 | €1,604 | +€287 | +21.8% |
| Recurring financial charges | 65 | €1,317 | €1,604 | +€287 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €3,965 | €1,775 | -€2,190 | -55.2% |
| Income taxes | 67/77 | €817 | €737 | -€80 | -9.8% |
| Profit (loss) for the period | 9904 | €3,148 | €1,038 | -€2,110 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,148 | €1,038 | -€2,110 | -67.0% |
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 16 October 2026 via checked.be.