STAUT: 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.
STAUT
Largest movements
- Tangible fixed assets -€16,028
down €16,028 (-11.3%), from €141,735 to €125,707
of which Land and buildings: -€10,323
- Receivables within one year +€12,003
up €12,003 (+27.3%), from €43,927 to €55,930
of which Trade receivables: +€15,383
- Stocks and contracts +€9,850
up €9,850 (+41.6%), from €23,650 to €33,500
of which Contracts in progress: +€9,000
- Cash -€6,543
down €6,543 (-5.5%), from €118,396 to €111,852
mainly Other debts (-€40,787) and Receivables within one year (-€12,003)
- Other debts -€40,787
down €40,787 (-96.9%), from €42,077 to €1,289
- Reserves +€25,999
up €25,999 (+9.9%), from €263,874 to €289,873
of which Distributable reserves: +€25,999
- Trade debts +€17,098
up €17,098 (+495.8%), from €3,449 to €20,547
- Current portion of long-term debt -€5,951
down €5,951 (-100.0%), from €5,951 to €0
- Gross operating margin +€11,873
up €11,873 (+13.0%), from €91,420 to €103,293
- Staff costs +€6,730
up €6,730 (+15.9%), from €42,271 to €49,001
- Depreciation +€2,672
up €2,672 (+20.0%), from €13,356 to €16,028
- Financial charges -€2,093
down €2,093 (-53.1%), from €3,944 to €1,850
- Taxes +€1,144
up €1,144 (+12.5%), from €9,137 to €10,281
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 | €335,709 | €332,700 | -€3,010 | -0.9% |
| Fixed assets | 21/28 | €141,735 | €125,707 | -€16,028 | -11.3% |
| Tangible fixed assets | 22/27 | €141,735 | €125,707 | -€16,028 | -11.3% |
| Land and buildings | 22 | €133,112 | €122,789 | -€10,323 | -7.8% |
| Furniture and vehicles | 24 | €8,623 | €2,918 | -€5,705 | -66.2% |
| Current assets | 29/58 | €193,975 | €206,993 | +€13,018 | +6.7% |
| Stocks and contracts in progress | 3 | €23,650 | €33,500 | +€9,850 | +41.6% |
| Stocks | 30/36 | €23,650 | €24,500 | +€850 | +3.6% |
| Contracts in progress | 37 | - | €9,000 | +€9,000 | |
| Amounts receivable within one year | 40/41 | €43,927 | €55,930 | +€12,003 | +27.3% |
| Trade receivables | 40 | €27,170 | €42,552 | +€15,383 | +56.6% |
| Other amounts receivable | 41 | €16,758 | €13,378 | -€3,380 | -20.2% |
| Cash at bank and in hand | 54/58 | €118,396 | €111,852 | -€6,543 | -5.5% |
| Deferred charges and accrued income | 490/1 | €8,002 | €5,710 | -€2,291 | -28.6% |
| Total equity and liabilities | 10/49 | €335,709 | €332,700 | -€3,010 | -0.9% |
| Equity | 10/15 | €270,074 | €296,073 | +€25,999 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,874 | €289,873 | +€25,999 | +9.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €263,874 | €289,873 | +€25,999 | +9.9% |
| Amounts payable | 17/49 | €65,636 | €36,627 | -€29,009 | -44.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €65,636 | €36,627 | -€29,009 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €5,951 | €0 | -€5,951 | -100.0% |
| Trade debts | 44 | €3,449 | €20,547 | +€17,098 | +495.8% |
| Suppliers | 440/4 | €3,449 | €20,547 | +€17,098 | +495.8% |
| Taxes, remuneration and social security | 45 | €14,159 | €14,791 | +€631 | +4.5% |
| Taxes | 450/3 | €6,007 | €5,381 | -€626 | -10.4% |
| Remuneration and social security | 454/9 | €8,153 | €9,409 | +€1,257 | +15.4% |
| Other amounts payable | 47/48 | €42,077 | €1,289 | -€40,787 | -96.9% |
| Remuneration, social security and pensions | 62 | €42,271 | €49,001 | +€6,730 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,356 | €16,028 | +€2,672 | +20.0% |
| Other operating charges | 640/8 | €2,406 | €2,540 | +€134 | +5.6% |
| Gross operating margin | 9900 | €91,420 | €103,293 | +€11,873 | +13.0% |
| Operating profit (loss) | 9901 | €33,388 | €35,725 | +€2,337 | +7.0% |
| Financial income | 75/76B | €2,586 | €2,406 | -€180 | -7.0% |
| Recurring financial income | 75 | €2,586 | €2,406 | -€180 | -7.0% |
| Financial charges | 65/66B | €3,944 | €1,850 | -€2,093 | -53.1% |
| Recurring financial charges | 65 | €3,944 | €1,850 | -€2,093 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €32,031 | €36,281 | +€4,250 | +13.3% |
| Income taxes | 67/77 | €9,137 | €10,281 | +€1,144 | +12.5% |
| Profit (loss) for the period | 9904 | €22,894 | €25,999 | +€3,106 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,894 | €25,999 | +€3,106 | +13.6% |
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 12 October 2026 via checked.be.