STAVIE: 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.
STAVIE
Largest movements
- Tangible fixed assets +€13,804
up €13,804 (+1,151%), from €1,199 to €15,003
of which Land and buildings: +€8,197
- Cash +€1,960
up €1,960 (+154%), from €1,275 to €3,235
mainly Net result for the year (+€10,690) and Debts after one year (+€2,084)
- Receivables within one year -€1,918
down €1,918 (-67.8%), from €2,829 to €911
of which Trade receivables: -€1,001
- Stocks and contracts -€1,599
down €1,599 (-29.0%), from €5,510 to €3,911
- Profit (loss) carried forward +€10,690
up €10,690 (+4.5%), from -€239,068 to -€228,377
- Debts after one year +€2,084
up €2,084 (+0.9%), from €240,317 to €242,402
- Trade debts -€962
down €962 (-29.8%), from €3,223 to €2,261
- Tax, wage and social debts +€761
up €761 (+329%), from €231 to €992
- Gross operating margin +€10,214
up €10,214 (+415%), from €2,463 to €12,678
- Financial income +€452
up €452 (+94,198%), from €0 to €453
- Depreciation +€365
up €365 (+37.3%), from €978 to €1,344
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 | €11,373 | €23,853 | +€12,480 | +110% |
| Fixed assets | 21/28 | €1,199 | €15,003 | +€13,804 | +1,151% |
| Tangible fixed assets | 22/27 | €1,199 | €15,003 | +€13,804 | +1,151% |
| Land and buildings | 22 | €486 | €8,683 | +€8,197 | +1,686% |
| Plant, machinery and equipment | 23 | €36 | €1,220 | +€1,184 | +3,292% |
| Furniture and vehicles | 24 | €677 | €5,100 | +€4,423 | +653% |
| Current assets | 29/58 | €10,174 | €8,850 | -€1,324 | -13.0% |
| Stocks and contracts in progress | 3 | €5,510 | €3,911 | -€1,599 | -29.0% |
| Stocks | 30/36 | €5,510 | €3,911 | -€1,599 | -29.0% |
| Amounts receivable within one year | 40/41 | €2,829 | €911 | -€1,918 | -67.8% |
| Trade receivables | 40 | €1,912 | €911 | -€1,001 | -52.3% |
| Other amounts receivable | 41 | €917 | - | -€917 | |
| Cash at bank and in hand | 54/58 | €1,275 | €3,235 | +€1,960 | +154% |
| Deferred charges and accrued income | 490/1 | €560 | €792 | +€233 | +41.5% |
| Total equity and liabilities | 10/49 | €11,373 | €23,853 | +€12,480 | +110% |
| Equity | 10/15 | -€232,868 | -€222,177 | +€10,690 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,068 | -€228,377 | +€10,690 | +4.5% |
| Amounts payable | 17/49 | €244,241 | €246,030 | +€1,790 | +0.7% |
| Amounts payable after more than one year | 17 | €240,317 | €242,402 | +€2,084 | +0.9% |
| Financial debts | 170/4 | €240,317 | €242,402 | +€2,084 | +0.9% |
| Amounts payable within one year | 42/48 | €3,454 | €3,253 | -€201 | -5.8% |
| Trade debts | 44 | €3,223 | €2,261 | -€962 | -29.8% |
| Suppliers | 440/4 | €3,223 | €2,261 | -€962 | -29.8% |
| Taxes, remuneration and social security | 45 | €231 | €992 | +€761 | +329% |
| Taxes | 450/3 | €231 | €992 | +€761 | +329% |
| Accrued charges and deferred income | 492/3 | €469 | €376 | -€93 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €978 | €1,344 | +€365 | +37.3% |
| Other operating charges | 640/8 | €705 | €794 | +€89 | +12.6% |
| Gross operating margin | 9900 | €2,463 | €12,678 | +€10,214 | +415% |
| Operating profit (loss) | 9901 | €780 | €10,540 | +€9,760 | +1,251% |
| Financial income | 75/76B | €0 | €453 | +€452 | +94,198% |
| Recurring financial income | 75 | €0 | €453 | +€452 | +94,198% |
| Financial charges | 65/66B | €61 | €66 | +€5 | +8.1% |
| Recurring financial charges | 65 | €61 | €66 | +€5 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €720 | €10,927 | +€10,207 | +1,418% |
| Income taxes | 67/77 | €231 | €236 | +€5 | +2.3% |
| Profit (loss) for the period | 9904 | €489 | €10,690 | +€10,202 | +2,087% |
| Profit (loss) for the period to be appropriated | 9905 | €489 | €10,690 | +€10,202 | +2,087% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.