Stellice: 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.
Stellice
Largest movements
- Cash +€49,954
up €49,954 (+85.7%), from €58,264 to €108,218
mainly Net result for the year (+€40,254) and Depreciation (+€7,756)
- Tangible fixed assets -€7,756
down €7,756 (-30.1%), from €25,734 to €17,978
- Receivables within one year -€2,621
down €2,621 (-90.2%), from €2,906 to €284
of which Trade receivables: -€1,769
- Reserves +€40,254
up €40,254 (+69.3%), from €58,123 to €98,377
- Trade debts -€1,642
down €1,642 (-40.1%), from €4,097 to €2,455
- Gross operating margin +€7,074
up €7,074 (+12.9%), from €54,739 to €61,813
- Other operating charges +€1,036
up €1,036 (+167.9%), from €617 to €1,652
- Financial charges -€900
down €900 (-89.3%), from €1,009 to €108
- Taxes +€643
up €643 (+5.6%), from €11,528 to €12,171
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 | €88,077 | €127,463 | +€39,386 | +44.7% |
| Fixed assets | 21/28 | €25,734 | €17,978 | -€7,756 | -30.1% |
| Tangible fixed assets | 22/27 | €25,734 | €17,978 | -€7,756 | -30.1% |
| Furniture and vehicles | 24 | €25,734 | €17,978 | -€7,756 | -30.1% |
| Current assets | 29/58 | €62,343 | €109,484 | +€47,142 | +75.6% |
| Amounts receivable within one year | 40/41 | €2,906 | €284 | -€2,621 | -90.2% |
| Trade receivables | 40 | €2,054 | €284 | -€1,769 | -86.2% |
| Other amounts receivable | 41 | €852 | €0 | -€852 | -100.0% |
| Cash at bank and in hand | 54/58 | €58,264 | €108,218 | +€49,954 | +85.7% |
| Deferred charges and accrued income | 490/1 | €1,173 | €982 | -€191 | -16.3% |
| Total equity and liabilities | 10/49 | €88,077 | €127,463 | +€39,386 | +44.7% |
| Equity | 10/15 | €63,123 | €103,377 | +€40,254 | +63.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,123 | €98,377 | +€40,254 | +69.3% |
| Distributable reserves | 133 | €58,123 | €98,377 | +€40,254 | +69.3% |
| Amounts payable | 17/49 | €24,954 | €24,086 | -€869 | -3.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €24,954 | €24,086 | -€869 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €694 | €1,228 | +€534 | +77.0% |
| Credit institutions | 430/8 | €694 | €1,228 | +€534 | +77.0% |
| Trade debts | 44 | €4,097 | €2,455 | -€1,642 | -40.1% |
| Suppliers | 440/4 | €4,097 | €2,455 | -€1,642 | -40.1% |
| Taxes, remuneration and social security | 45 | €20,164 | €20,178 | +€14 | +0.1% |
| Taxes | 450/3 | €18,925 | €18,949 | +€24 | +0.1% |
| Remuneration and social security | 454/9 | €1,239 | €1,229 | -€10 | -0.8% |
| Other amounts payable | 47/48 | €0 | €225 | +€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,319 | €7,756 | +€437 | +6.0% |
| Other operating charges | 640/8 | €617 | €1,652 | +€1,036 | +167.9% |
| Non-recurring operating charges | 66A | - | €184 | +€184 | |
| Gross operating margin | 9900 | €54,739 | €61,813 | +€7,074 | +12.9% |
| Operating profit (loss) | 9901 | €46,803 | €52,221 | +€5,418 | +11.6% |
| Financial income | 75/76B | €238 | €312 | +€75 | +31.5% |
| Recurring financial income | 75 | €238 | €312 | +€75 | +31.5% |
| Financial charges | 65/66B | €1,009 | €108 | -€900 | -89.3% |
| Recurring financial charges | 65 | €1,009 | €108 | -€900 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €46,032 | €52,425 | +€6,393 | +13.9% |
| Income taxes | 67/77 | €11,528 | €12,171 | +€643 | +5.6% |
| Profit (loss) for the period | 9904 | €34,504 | €40,254 | +€5,750 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,504 | €40,254 | +€5,750 | +16.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.