STATO: 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.
STATO
Largest movements
- Tangible fixed assets -€24,931
down €24,931 (-10.0%), from €249,472 to €224,541
- Receivables within one year +€8,714
up €8,714 (+261.8%), from €3,328 to €12,042
of which Trade receivables: +€11,717
- Cash +€2,800
up €2,800 (+30.4%), from €9,221 to €12,021
mainly Debts after one year (+€134,953) and Depreciation (+€24,931)
- Other debts -€150,634
down €150,634 (-64.0%), from €235,314 to €84,680
- Debts after one year +€134,953
up €134,953 (+74.6%), from €180,963 to €315,916
- Profit (loss) carried forward -€9,639
down €9,639 (-5.2%), from -€186,355 to -€195,994
- Current portion of long-term debt +€6,807
up €6,807 (+64.9%), from €10,486 to €17,294
- Accrued charges and deferred income +€2,637
up €2,637 (+8506.4%), from €31 to €2,668
- Financial charges +€12,420
up €12,420 (+222.3%), from €5,587 to €18,007
- Other operating charges +€3,124
up €3,124 (+75.5%), from €4,136 to €7,259
- Gross operating margin +€1,802
up €1,802 (+4.6%), from €38,756 to €40,558
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 | €262,295 | €248,874 | -€13,420 | -5.1% |
| Fixed assets | 21/28 | €249,472 | €224,541 | -€24,931 | -10.0% |
| Tangible fixed assets | 22/27 | €249,472 | €224,541 | -€24,931 | -10.0% |
| Land and buildings | 22 | €249,472 | €224,541 | -€24,931 | -10.0% |
| Current assets | 29/58 | €12,823 | €24,333 | +€11,510 | +89.8% |
| Amounts receivable within one year | 40/41 | €3,328 | €12,042 | +€8,714 | +261.8% |
| Trade receivables | 40 | €0 | €11,717 | +€11,717 | |
| Other amounts receivable | 41 | €3,328 | €325 | -€3,003 | -90.2% |
| Cash at bank and in hand | 54/58 | €9,221 | €12,021 | +€2,800 | +30.4% |
| Deferred charges and accrued income | 490/1 | €273 | €270 | -€3 | -1.1% |
| Total equity and liabilities | 10/49 | €262,295 | €248,874 | -€13,420 | -5.1% |
| Equity | 10/15 | -€166,355 | -€175,994 | -€9,639 | -5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,355 | -€195,994 | -€9,639 | -5.2% |
| Amounts payable | 17/49 | €428,650 | €424,869 | -€3,781 | -0.9% |
| Amounts payable after more than one year | 17 | €180,963 | €315,916 | +€134,953 | +74.6% |
| Financial debts | 170/4 | €180,963 | €315,916 | +€134,953 | +74.6% |
| Amounts payable within one year | 42/48 | €247,656 | €106,285 | -€141,371 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €10,486 | €17,294 | +€6,807 | +64.9% |
| Trade debts | 44 | €0 | €322 | +€322 | |
| Suppliers | 440/4 | €0 | €322 | +€322 | |
| Taxes, remuneration and social security | 45 | €1,856 | €3,989 | +€2,133 | +114.9% |
| Taxes | 450/3 | €1,856 | €3,989 | +€2,133 | +114.9% |
| Other amounts payable | 47/48 | €235,314 | €84,680 | -€150,634 | -64.0% |
| Accrued charges and deferred income | 492/3 | €31 | €2,668 | +€2,637 | +8506.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,931 | €24,931 | = | 0.0% |
| Other operating charges | 640/8 | €4,136 | €7,259 | +€3,124 | +75.5% |
| Gross operating margin | 9900 | €38,756 | €40,558 | +€1,802 | +4.6% |
| Operating profit (loss) | 9901 | €9,690 | €8,368 | -€1,322 | -13.6% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €5,587 | €18,007 | +€12,420 | +222.3% |
| Recurring financial charges | 65 | €5,587 | €18,007 | +€12,420 | +222.3% |
| Profit (loss) for the period before taxes | 9903 | €4,108 | -€9,639 | -€13,747 | |
| Profit (loss) for the period | 9904 | €4,108 | -€9,639 | -€13,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,108 | -€9,639 | -€13,747 |
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 11 October 2026 via checked.be.