Stella: 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.
Stella
Largest movements
- Tangible fixed assets -€1,630
down €1,630 (-51.7%), from €3,155 to €1,525
- Cash +€1,328
new in 2024: €1,328
mainly Net result for the year (+€25,282) and Tax, wage and social debts (+€4,648)
- Receivables within one year -€1,147
no longer reported in 2024 (was €1,147)
- Stocks and contracts +€533
up €533 (+57.1%), from €933 to €1,466
- Trade debts -€25,342
down €25,342 (-83.8%), from €30,246 to €4,904
- Profit (loss) carried forward +€25,281
up €25,281 (+63.8%), from -€39,619 to -€14,338
- Short-term financial debts -€6,822
no longer reported in 2024 (was €6,822)
- Tax, wage and social debts +€4,648
new in 2024: €4,648
- Other debts +€1,319
new in 2024: €1,319
- Financial income +€24,259
new in 2024: €24,259
of which Financial income: +€24,259
- Gross operating margin +€10,919
up €10,919, from -€4,574 to €6,345
- Other operating charges +€575
up €575 (+631.9%), from €91 to €666
- Staff costs -€212
no longer reported in 2024 (was €212)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,505 | €4,589 | -€916 | -16.6% |
| Fixed assets | 21/28 | €3,425 | €1,795 | -€1,630 | -47.6% |
| Tangible fixed assets | 22/27 | €3,155 | €1,525 | -€1,630 | -51.7% |
| Plant, machinery and equipment | 23 | €3,155 | €1,525 | -€1,630 | -51.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €2,080 | €2,794 | +€714 | +34.3% |
| Stocks and contracts in progress | 3 | €933 | €1,466 | +€533 | +57.1% |
| Stocks | 30/36 | €933 | €1,466 | +€533 | +57.1% |
| Amounts receivable within one year | 40/41 | €1,147 | - | -€1,147 | |
| Other amounts receivable | 41 | €1,147 | - | -€1,147 | |
| Cash at bank and in hand | 54/58 | - | €1,328 | +€1,328 | |
| Total equity and liabilities | 10/49 | €5,505 | €4,589 | -€916 | -16.6% |
| Equity | 10/15 | -€31,563 | -€6,282 | +€25,281 | +80.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,619 | -€14,338 | +€25,281 | +63.8% |
| Amounts payable | 17/49 | €37,068 | €10,871 | -€26,197 | -70.7% |
| Amounts payable within one year | 42/48 | €37,068 | €10,871 | -€26,197 | -70.7% |
| Financial debts | 43 | €6,822 | - | -€6,822 | |
| Credit institutions | 430/8 | €6,822 | - | -€6,822 | |
| Trade debts | 44 | €30,246 | €4,904 | -€25,342 | -83.8% |
| Suppliers | 440/4 | €30,246 | €4,904 | -€25,342 | -83.8% |
| Taxes, remuneration and social security | 45 | - | €4,648 | +€4,648 | |
| Taxes | 450/3 | - | €4,648 | +€4,648 | |
| Other amounts payable | 47/48 | - | €1,319 | +€1,319 | |
| Remuneration, social security and pensions | 62 | €212 | - | -€212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,624 | €1,630 | +€6 | +0.4% |
| Other operating charges | 640/8 | €91 | €666 | +€575 | +631.9% |
| Non-recurring operating charges | 66A | - | €624 | +€624 | |
| Gross operating margin | 9900 | -€4,574 | €6,345 | +€10,919 | |
| Operating profit (loss) | 9901 | -€6,501 | €3,425 | +€9,926 | |
| Financial income | 75/76B | - | €24,259 | +€24,259 | |
| Recurring financial income | 75 | - | €24,259 | +€24,259 | |
| Non-recurring financial income | 76B | - | €24,259 | +€24,259 | |
| Financial charges | 65/66B | €2,447 | €2,402 | -€45 | -1.8% |
| Recurring financial charges | 65 | €2,447 | €2,402 | -€45 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,948 | €25,282 | +€34,230 | |
| Profit (loss) for the period | 9904 | -€8,948 | €25,282 | +€34,230 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,948 | €25,282 | +€34,230 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.