STDJ: what changed
Two fiscal 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.
STDJ
Largest movements
- Cash +€29,642
up €29,642 (+40.1%), from €73,986 to €103,628
mainly Net result for the year (+€33,607) and Trade debts (+€2,650)
- Reserves +€33,607
up €33,607 (+52.0%), from €64,580 to €98,187
- Current portion of long-term debt -€7,000
down €7,000 (-70.0%), from €10,000 to €3,000
- Trade debts +€2,650
new in 2025: €2,650
- Gross operating margin -€1,412
down €1,412 (-3.1%), from €45,259 to €43,847
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 | €77,134 | €106,693 | +€29,559 | +38.3% |
| Current assets | 29/58 | €77,134 | €106,693 | +€29,559 | +38.3% |
| Amounts receivable within one year | 40/41 | €2,036 | €2,475 | +€439 | +21.6% |
| Other amounts receivable | 41 | €2,036 | €2,475 | +€439 | +21.6% |
| Cash at bank and in hand | 54/58 | €73,986 | €103,628 | +€29,642 | +40.1% |
| Deferred charges and accrued income | 490/1 | €1,113 | €590 | -€523 | -47.0% |
| Total equity and liabilities | 10/49 | €77,134 | €106,693 | +€29,559 | +38.3% |
| Equity | 10/15 | €67,080 | €100,687 | +€33,607 | +50.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €64,580 | €98,187 | +€33,607 | +52.0% |
| Distributable reserves | 133 | €64,580 | €98,187 | +€33,607 | +52.0% |
| Amounts payable | 17/49 | €10,053 | €6,005 | -€4,048 | -40.3% |
| Amounts payable within one year | 42/48 | €10,053 | €6,005 | -€4,048 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €3,000 | -€7,000 | -70.0% |
| Trade debts | 44 | - | €2,650 | +€2,650 | |
| Suppliers | 440/4 | - | €2,650 | +€2,650 | |
| Other amounts payable | 47/48 | €53 | €356 | +€302 | +567.6% |
| Other operating charges | 640/8 | €598 | €373 | -€225 | -37.7% |
| Gross operating margin | 9900 | €45,259 | €43,847 | -€1,412 | -3.1% |
| Operating profit (loss) | 9901 | €44,661 | €43,474 | -€1,187 | -2.7% |
| Financial charges | 65/66B | €707 | €342 | -€365 | -51.7% |
| Recurring financial charges | 65 | €707 | €342 | -€365 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €43,954 | €43,132 | -€822 | -1.9% |
| Income taxes | 67/77 | €9,964 | €9,525 | -€439 | -4.4% |
| Profit (loss) for the period | 9904 | €33,989 | €33,607 | -€383 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,989 | €33,607 | -€383 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.