STELISO: 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.
STELISO
Largest movements
- Cash +€107,898
up €107,898 (+130.8%), from €82,461 to €190,358
mainly Other debts (+€247,026) and Receivables within one year (+€94,066)
- Receivables within one year -€94,066
down €94,066 (-95.2%), from €98,817 to €4,751
of which Other amounts receivable: -€94,519
- Profit (loss) carried forward -€287,858
down €287,858, from €214,843 to -€73,014
- Other debts +€247,026
up €247,026 (+38.9%), from €634,966 to €881,992
- Staff costs +€277,628
up €277,628 (+90.6%), from €306,386 to €584,014
- Financial charges +€18,619
up €18,619 (+70.5%), from €26,398 to €45,017
- Gross operating margin -€9,536
down €9,536 (-2.7%), from €351,818 to €342,282
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 | €4,497,577 | €4,496,409 | -€1,168 | 0.0% |
| Fixed assets | 21/28 | €4,301,300 | €4,301,300 | = | 0.0% |
| Financial fixed assets | 28 | €4,301,300 | €4,301,300 | = | 0.0% |
| Current assets | 29/58 | €196,277 | €195,109 | -€1,168 | -0.6% |
| Amounts receivable within one year | 40/41 | €98,817 | €4,751 | -€94,066 | -95.2% |
| Trade receivables | 40 | €2,977 | €3,430 | +€454 | +15.2% |
| Other amounts receivable | 41 | €95,840 | €1,321 | -€94,519 | -98.6% |
| Cash at bank and in hand | 54/58 | €82,461 | €190,358 | +€107,898 | +130.8% |
| Deferred charges and accrued income | 490/1 | €15,000 | - | -€15,000 | |
| Total equity and liabilities | 10/49 | €4,497,577 | €4,496,409 | -€1,168 | 0.0% |
| Equity | 10/15 | €3,780,169 | €3,492,312 | -€287,858 | -7.6% |
| Contributions | 10/11 | €3,487,500 | €3,487,500 | = | 0.0% |
| Reserves | 13 | €77,826 | €77,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,390 | - | -€16,390 | |
| Reserves not available under the articles | 1311 | €16,390 | - | -€16,390 | |
| Tax-exempt reserves | 132 | €61,436 | €61,436 | = | 0.0% |
| Distributable reserves | 133 | - | €16,390 | +€16,390 | |
| Profit (loss) carried forward | 14 | €214,843 | -€73,014 | -€287,858 | |
| Amounts payable | 17/49 | €717,408 | €1,004,098 | +€286,690 | +40.0% |
| Amounts payable within one year | 42/48 | €676,721 | €970,091 | +€293,370 | +43.4% |
| Trade debts | 44 | €3,525 | €21,927 | +€18,402 | +522.0% |
| Suppliers | 440/4 | €3,525 | €21,927 | +€18,402 | +522.0% |
| Taxes, remuneration and social security | 45 | €38,230 | €66,171 | +€27,942 | +73.1% |
| Taxes | 450/3 | €11,061 | €20,349 | +€9,288 | +84.0% |
| Remuneration and social security | 454/9 | €27,169 | €45,822 | +€18,653 | +68.7% |
| Other amounts payable | 47/48 | €634,966 | €881,992 | +€247,026 | +38.9% |
| Accrued charges and deferred income | 492/3 | €40,687 | €34,007 | -€6,680 | -16.4% |
| Remuneration, social security and pensions | 62 | €306,386 | €584,014 | +€277,628 | +90.6% |
| Other operating charges | 640/8 | €192 | €1,109 | +€918 | +479.1% |
| Gross operating margin | 9900 | €351,818 | €342,282 | -€9,536 | -2.7% |
| Operating profit (loss) | 9901 | €45,241 | -€242,841 | -€288,082 | |
| Financial charges | 65/66B | €26,398 | €45,017 | +€18,619 | +70.5% |
| Recurring financial charges | 65 | €26,398 | €45,017 | +€18,619 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | €18,843 | -€287,858 | -€306,701 | |
| Profit (loss) for the period | 9904 | €18,843 | -€287,858 | -€306,701 | |
| Transfer to tax-exempt reserves | 689 | €18,334 | - | -€18,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €509 | -€287,858 | -€288,367 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.