STAY@: 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.
STAY@
Largest movements
- Cash -€9,325
down €9,325 (-81.6%), from €11,431 to €2,106
mainly Receivables within one year (-€7,328) and Other debts (-€6,681)
- Receivables within one year +€7,328
up €7,328 (+263.6%), from €2,780 to €10,108
of which Other amounts receivable: +€3,954
- Intangible fixed assets +€1,323
new in 2025: €1,323
- Tangible fixed assets +€803
up €803 (+804.5%), from €100 to €902
of which Plant, machinery and equipment: +€902
- Deferred charges and accrued income +€750
new in 2025: €750
- Other debts -€6,681
down €6,681 (-23.8%), from €28,066 to €21,386
- Trade debts +€5,013
up €5,013 (+1336.5%), from €375 to €5,388
- Profit (loss) carried forward +€2,546
up €2,546 (+7.7%), from -€32,915 to -€30,369
- Gross operating margin -€9,882
down €9,882 (-64.2%), from €15,388 to €5,505
- Other operating charges +€1,502
up €1,502 (+164.6%), from €912 to €2,414
- Depreciation +€275
up €275 (+124.9%), from €220 to €495
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 | €14,311 | €15,190 | +€878 | +6.1% |
| Fixed assets | 21/28 | €100 | €2,226 | +€2,126 | +2130.7% |
| Intangible fixed assets | 21 | - | €1,323 | +€1,323 | |
| Tangible fixed assets | 22/27 | €100 | €902 | +€803 | +804.5% |
| Plant, machinery and equipment | 23 | - | €902 | +€902 | |
| Furniture and vehicles | 24 | €100 | €0 | -€100 | -100.0% |
| Current assets | 29/58 | €14,212 | €12,964 | -€1,248 | -8.8% |
| Amounts receivable within one year | 40/41 | €2,780 | €10,108 | +€7,328 | +263.6% |
| Trade receivables | 40 | €2,780 | €6,155 | +€3,374 | +121.4% |
| Other amounts receivable | 41 | - | €3,954 | +€3,954 | |
| Cash at bank and in hand | 54/58 | €11,431 | €2,106 | -€9,325 | -81.6% |
| Deferred charges and accrued income | 490/1 | - | €750 | +€750 | |
| Total equity and liabilities | 10/49 | €14,311 | €15,190 | +€878 | +6.1% |
| Equity | 10/15 | -€14,130 | -€11,584 | +€2,546 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €185 | €185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €185 | €185 | = | 0.0% |
| Reserves not available under the articles | 1311 | €185 | €185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,915 | -€30,369 | +€2,546 | +7.7% |
| Amounts payable | 17/49 | €28,441 | €26,774 | -€1,667 | -5.9% |
| Amounts payable within one year | 42/48 | €28,441 | €26,774 | -€1,667 | -5.9% |
| Trade debts | 44 | €375 | €5,388 | +€5,013 | +1336.5% |
| Suppliers | 440/4 | €375 | €5,388 | +€5,013 | +1336.5% |
| Other amounts payable | 47/48 | €28,066 | €21,386 | -€6,681 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €495 | +€275 | +124.9% |
| Other operating charges | 640/8 | €912 | €2,414 | +€1,502 | +164.6% |
| Gross operating margin | 9900 | €15,388 | €5,505 | -€9,882 | -64.2% |
| Operating profit (loss) | 9901 | €14,255 | €2,597 | -€11,659 | -81.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €47 | €51 | +€4 | +9.2% |
| Recurring financial charges | 65 | €47 | €51 | +€4 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €14,209 | €2,546 | -€11,664 | -82.1% |
| Profit (loss) for the period | 9904 | €14,209 | €2,546 | -€11,664 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,209 | €2,546 | -€11,664 | -82.1% |
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 9 October 2026 via checked.be.