STEFANIE: 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.
STEFANIE
Largest movements
- Deferred charges and accrued income -€1,955
no longer reported in 2025 (was €1,955)
- Cash +€1,176
up €1,176 (+284.7%), from €413 to €1,589
mainly Net result for the year (+€18,443) and Deferred charges and accrued income (+€1,955)
- Tangible fixed assets -€829
down €829 (-1.4%), from €59,994 to €59,165
- Other debts -€20,100
down €20,100 (-12.9%), from €156,273 to €136,173
- Profit (loss) carried forward +€18,443
up €18,443 (+14.6%), from -€126,651 to -€108,208
- Gross operating margin -€2,232
down €2,232 (-8.9%), from €25,161 to €22,929
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 | €63,237 | €61,629 | -€1,608 | -2.5% |
| Fixed assets | 21/28 | €59,994 | €59,165 | -€829 | -1.4% |
| Tangible fixed assets | 22/27 | €59,994 | €59,165 | -€829 | -1.4% |
| Land and buildings | 22 | €59,994 | €59,165 | -€829 | -1.4% |
| Current assets | 29/58 | €3,243 | €2,464 | -€779 | -24.0% |
| Amounts receivable within one year | 40/41 | €875 | €875 | = | 0.0% |
| Other amounts receivable | 41 | €875 | €875 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €413 | €1,589 | +€1,176 | +284.7% |
| Deferred charges and accrued income | 490/1 | €1,955 | - | -€1,955 | |
| Total equity and liabilities | 10/49 | €63,237 | €61,629 | -€1,608 | -2.5% |
| Equity | 10/15 | -€95,416 | -€76,973 | +€18,443 | +19.3% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,651 | -€108,208 | +€18,443 | +14.6% |
| Amounts payable | 17/49 | €158,653 | €138,602 | -€20,051 | -12.6% |
| Amounts payable within one year | 42/48 | €156,273 | €136,173 | -€20,100 | -12.9% |
| Other amounts payable | 47/48 | €156,273 | €136,173 | -€20,100 | -12.9% |
| Accrued charges and deferred income | 492/3 | €2,380 | €2,429 | +€49 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €829 | €829 | = | 0.0% |
| Other operating charges | 640/8 | €3,514 | €3,622 | +€108 | +3.1% |
| Gross operating margin | 9900 | €25,161 | €22,929 | -€2,232 | -8.9% |
| Operating profit (loss) | 9901 | €20,818 | €18,478 | -€2,340 | -11.2% |
| Financial charges | 65/66B | €24 | €35 | +€11 | +45.8% |
| Recurring financial charges | 65 | €24 | €35 | +€11 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €20,794 | €18,443 | -€2,351 | -11.3% |
| Profit (loss) for the period | 9904 | €20,794 | €18,443 | -€2,351 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,794 | €18,443 | -€2,351 | -11.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.