STAZIONE GROUP: 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.
STAZIONE GROUP
Largest movements
- Tangible fixed assets +€13,737
up €13,737 (+2.6%), from €526,071 to €539,808
of which Other tangible fixed assets: +€16,685
- Receivables within one year -€6,856
down €6,856 (-99.8%), from €6,871 to €15
of which Other amounts receivable: -€6,758
- Other debts +€153,134
up €153,134 (+49.9%), from €307,065 to €460,199
- Trade debts -€85,135
down €85,135 (-53.9%), from €157,845 to €72,710
- Profit (loss) carried forward -€84,944
down €84,944 (-49.3%), from -€172,416 to -€257,359
- Tax, wage and social debts +€62,616
up €62,616 (+334%), from €18,761 to €81,377
of which Remuneration and social security: +€61,573
- Debts after one year -€46,765
down €46,765 (-17.9%), from €260,611 to €213,846
- Turnover +€856,412
up €856,412 (+1,538%), from €55,676 to €912,088
- Gross operating margin +€528,930
up €528,930, from -€81,204 to €447,726
- Staff costs +€399,875
up €399,875 (+940%), from €42,539 to €442,413
- Purchases and services +€328,512
up €328,512 (+240%), from €136,881 to €465,393
- Depreciation +€28,101
up €28,101 (+74.5%), from €37,737 to €65,838
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 | €624,305 | €625,238 | +€933 | +0.1% |
| Fixed assets | 21/28 | €539,120 | €550,467 | +€11,347 | +2.1% |
| Intangible fixed assets | 21 | €13,049 | €10,474 | -€2,575 | -19.7% |
| Tangible fixed assets | 22/27 | €526,071 | €539,808 | +€13,737 | +2.6% |
| Plant, machinery and equipment | 23 | €2,977 | €6,309 | +€3,332 | +112% |
| Furniture and vehicles | 24 | €29,681 | €23,401 | -€6,281 | -21.2% |
| Other tangible fixed assets | 26 | €493,413 | €510,098 | +€16,685 | +3.4% |
| Financial fixed assets | 28 | - | €185 | +€185 | |
| Current assets | 29/58 | €85,185 | €74,771 | -€10,414 | -12.2% |
| Stocks and contracts in progress | 3 | €24,835 | €23,210 | -€1,625 | -6.5% |
| Stocks | 30/36 | €24,835 | €23,210 | -€1,625 | -6.5% |
| Amounts receivable within one year | 40/41 | €6,871 | €15 | -€6,856 | -99.8% |
| Trade receivables | 40 | €113 | €15 | -€98 | -86.7% |
| Other amounts receivable | 41 | €6,758 | - | -€6,758 | |
| Cash at bank and in hand | 54/58 | €52,390 | €51,546 | -€844 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,089 | - | -€1,089 | |
| Total equity and liabilities | 10/49 | €624,305 | €625,238 | +€933 | +0.1% |
| Equity | 10/15 | -€167,416 | -€252,359 | -€84,944 | -50.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,416 | -€257,359 | -€84,944 | -49.3% |
| Amounts payable | 17/49 | €791,721 | €877,597 | +€85,876 | +10.8% |
| Amounts payable after more than one year | 17 | €260,611 | €213,846 | -€46,765 | -17.9% |
| Financial debts | 170/4 | €260,611 | €213,846 | -€46,765 | -17.9% |
| Amounts payable within one year | 42/48 | €531,110 | €663,751 | +€132,641 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €47,439 | €49,465 | +€2,026 | +4.3% |
| Trade debts | 44 | €157,845 | €72,710 | -€85,135 | -53.9% |
| Suppliers | 440/4 | €157,845 | €72,710 | -€85,135 | -53.9% |
| Taxes, remuneration and social security | 45 | €18,761 | €81,377 | +€62,616 | +334% |
| Taxes | 450/3 | €1,976 | €3,019 | +€1,043 | +52.8% |
| Remuneration and social security | 454/9 | €16,786 | €78,358 | +€61,573 | +367% |
| Other amounts payable | 47/48 | €307,065 | €460,199 | +€153,134 | +49.9% |
| Turnover | 70 | €55,676 | €912,088 | +€856,412 | +1,538% |
| Non-recurring operating income | 76A | - | €1,030 | +€1,030 | |
| Goods, raw materials, services and sundry goods | 60/61 | €136,881 | €465,393 | +€328,512 | +240% |
| Remuneration, social security and pensions | 62 | €42,539 | €442,413 | +€399,875 | +940% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,737 | €65,838 | +€28,101 | +74.5% |
| Other operating charges | 640/8 | €403 | €1,825 | +€1,422 | +353% |
| Gross operating margin | 9900 | -€81,204 | €447,726 | +€528,930 | |
| Operating profit (loss) | 9901 | -€161,883 | -€62,350 | +€99,533 | +61.5% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €10,532 | €22,611 | +€12,078 | +115% |
| Recurring financial charges | 65 | €10,532 | €22,611 | +€12,078 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€172,416 | -€84,944 | +€87,472 | +50.7% |
| Profit (loss) for the period | 9904 | -€172,416 | -€84,944 | +€87,472 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,416 | -€84,944 | +€87,472 | +50.7% |
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 19 October 2026 via checked.be.