STAVIO: 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.
STAVIO
Largest movements
- Stocks and contracts +€2,900
up €2,900 (+181.3%), from €1,600 to €4,500
- Receivables within one year +€1,435
up €1,435 (+15.1%), from €9,492 to €10,927
- Cash -€1,356
down €1,356 (-28.2%), from €4,811 to €3,456
mainly Net result for the year (-€3,200) and Stocks and contracts (-€2,900)
- Tangible fixed assets -€766
down €766 (-20.0%), from €3,835 to €3,069
of which Plant, machinery and equipment: -€624
- Deferred charges and accrued income +€425
up €425 (+78.8%), from €539 to €963
- Tax, wage and social debts +€3,323
up €3,323 (+75.8%), from €4,386 to €7,709
- Profit (loss) carried forward -€3,200
down €3,200, from €17 to -€3,183
- Trade debts +€1,742
up €1,742 (+39.0%), from €4,471 to €6,214
- Other debts +€773
up €773 (+14.8%), from €5,203 to €5,976
- Gross operating margin -€11,318
down €11,318 (-86.4%), from €13,094 to €1,776
- Taxes -€1,837
down €1,837 (-61.6%), from €2,981 to €1,144
- Financial charges -€1,527
down €1,527 (-83.2%), from €1,835 to €308
- Other operating charges +€1,318
up €1,318 (+89.5%), from €1,472 to €2,790
- Depreciation -€336
down €336 (-30.5%), from €1,101 to €766
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 | €20,277 | €22,915 | +€2,638 | +13.0% |
| Fixed assets | 21/28 | €3,835 | €3,069 | -€766 | -20.0% |
| Tangible fixed assets | 22/27 | €3,835 | €3,069 | -€766 | -20.0% |
| Plant, machinery and equipment | 23 | €3,694 | €3,069 | -€624 | -16.9% |
| Furniture and vehicles | 24 | €141 | €0 | -€141 | -100.0% |
| Current assets | 29/58 | €16,442 | €19,846 | +€3,404 | +20.7% |
| Stocks and contracts in progress | 3 | €1,600 | €4,500 | +€2,900 | +181.3% |
| Contracts in progress | 37 | €1,600 | €4,500 | +€2,900 | +181.3% |
| Amounts receivable within one year | 40/41 | €9,492 | €10,927 | +€1,435 | +15.1% |
| Trade receivables | 40 | €9,492 | €10,927 | +€1,435 | +15.1% |
| Cash at bank and in hand | 54/58 | €4,811 | €3,456 | -€1,356 | -28.2% |
| Deferred charges and accrued income | 490/1 | €539 | €963 | +€425 | +78.8% |
| Total equity and liabilities | 10/49 | €20,277 | €22,915 | +€2,638 | +13.0% |
| Equity | 10/15 | €6,217 | €3,017 | -€3,200 | -51.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,200 | €4,200 | = | 0.0% |
| Distributable reserves | 133 | €4,200 | €4,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17 | -€3,183 | -€3,200 | |
| Amounts payable | 17/49 | €14,060 | €19,898 | +€5,838 | +41.5% |
| Amounts payable within one year | 42/48 | €14,060 | €19,898 | +€5,838 | +41.5% |
| Trade debts | 44 | €4,471 | €6,214 | +€1,742 | +39.0% |
| Suppliers | 440/4 | €4,471 | €6,214 | +€1,742 | +39.0% |
| Taxes, remuneration and social security | 45 | €4,386 | €7,709 | +€3,323 | +75.8% |
| Taxes | 450/3 | €4,386 | €7,709 | +€3,323 | +75.8% |
| Other amounts payable | 47/48 | €5,203 | €5,976 | +€773 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101 | €766 | -€336 | -30.5% |
| Other operating charges | 640/8 | €1,472 | €2,790 | +€1,318 | +89.5% |
| Gross operating margin | 9900 | €13,094 | €1,776 | -€11,318 | -86.4% |
| Operating profit (loss) | 9901 | €10,520 | -€1,780 | -€12,300 | |
| Financial income | 75/76B | €201 | €32 | -€169 | -84.0% |
| Recurring financial income | 75 | €201 | €32 | -€169 | -84.0% |
| Financial charges | 65/66B | €1,835 | €308 | -€1,527 | -83.2% |
| Recurring financial charges | 65 | €1,835 | €308 | -€1,527 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €8,886 | -€2,056 | -€10,942 | |
| Income taxes | 67/77 | €2,981 | €1,144 | -€1,837 | -61.6% |
| Profit (loss) for the period | 9904 | €5,905 | -€3,200 | -€9,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,905 | -€3,200 | -€9,105 |
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.