STIJN DESTAT: 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.
STIJN DESTAT
Largest movements
- Tangible fixed assets +€175,601
up €175,601 (+29025.0%), from €605 to €176,206
of which Land and buildings: +€175,992
- Receivables within one year +€29,626
up €29,626 (+126.1%), from €23,500 to €53,126
of which Other amounts receivable: +€21,798
- Cash -€27,667
no longer reported in 2025 (was €27,667)
mainly Investment in fixed assets (net) (-€177,099) and Receivables within one year (-€29,626)
- Debts after one year +€131,966
new in 2025: €131,966
- Profit (loss) carried forward +€30,707
up €30,707 (+98.8%), from €31,067 to €61,774
- Current portion of long-term debt +€6,700
new in 2025: €6,700
- Tax, wage and social debts +€4,080
up €4,080 (+24.9%), from €16,369 to €20,449
- Short-term financial debts +€3,513
new in 2025: €3,513
- Gross operating margin +€17,694
up €17,694 (+61.0%), from €29,013 to €46,707
- Taxes +€2,549
up €2,549 (+31.8%), from €8,012 to €10,561
- Other operating charges +€1,519
new in 2025: €1,519
- Financial charges +€1,351
up €1,351 (+53.1%), from €2,543 to €3,894
- Depreciation +€1,107
up €1,107 (+283.1%), from €391 to €1,498
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 | €51,772 | €229,826 | +€178,054 | +343.9% |
| Fixed assets | 21/28 | €605 | €176,206 | +€175,601 | +29025.0% |
| Tangible fixed assets | 22/27 | €605 | €176,206 | +€175,601 | +29025.0% |
| Land and buildings | 22 | - | €175,992 | +€175,992 | |
| Plant, machinery and equipment | 23 | €605 | €214 | -€391 | -64.6% |
| Current assets | 29/58 | €51,167 | €53,620 | +€2,453 | +4.8% |
| Amounts receivable within one year | 40/41 | €23,500 | €53,126 | +€29,626 | +126.1% |
| Trade receivables | 40 | €6,956 | €14,784 | +€7,828 | +112.5% |
| Other amounts receivable | 41 | €16,544 | €38,342 | +€21,798 | +131.8% |
| Cash at bank and in hand | 54/58 | €27,667 | - | -€27,667 | |
| Deferred charges and accrued income | 490/1 | - | €494 | +€494 | |
| Total equity and liabilities | 10/49 | €51,772 | €229,826 | +€178,054 | +343.9% |
| Equity | 10/15 | €34,067 | €64,774 | +€30,707 | +90.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,067 | €61,774 | +€30,707 | +98.8% |
| Amounts payable | 17/49 | €17,705 | €165,052 | +€147,347 | +832.2% |
| Amounts payable after more than one year | 17 | - | €131,966 | +€131,966 | |
| Financial debts | 170/4 | - | €131,966 | +€131,966 | |
| Amounts payable within one year | 42/48 | €17,705 | €33,086 | +€15,381 | +86.9% |
| Current portion of amounts payable after more than one year | 42 | - | €6,700 | +€6,700 | |
| Financial debts | 43 | - | €3,513 | +€3,513 | |
| Credit institutions | 430/8 | - | €3,513 | +€3,513 | |
| Trade debts | 44 | €536 | €2,424 | +€1,888 | +352.2% |
| Suppliers | 440/4 | €536 | €2,424 | +€1,888 | +352.2% |
| Taxes, remuneration and social security | 45 | €16,369 | €20,449 | +€4,080 | +24.9% |
| Taxes | 450/3 | €16,369 | €20,449 | +€4,080 | +24.9% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €1,498 | +€1,107 | +283.1% |
| Other operating charges | 640/8 | - | €1,519 | +€1,519 | |
| Gross operating margin | 9900 | €29,013 | €46,707 | +€17,694 | +61.0% |
| Operating profit (loss) | 9901 | €28,622 | €43,690 | +€15,068 | +52.6% |
| Financial income | 75/76B | €792 | €1,472 | +€680 | +85.8% |
| Recurring financial income | 75 | €792 | €1,472 | +€680 | +85.8% |
| Financial charges | 65/66B | €2,543 | €3,894 | +€1,351 | +53.1% |
| Recurring financial charges | 65 | €2,543 | €3,894 | +€1,351 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €26,871 | €41,268 | +€14,397 | +53.6% |
| Income taxes | 67/77 | €8,012 | €10,561 | +€2,549 | +31.8% |
| Profit (loss) for the period | 9904 | €18,859 | €30,707 | +€11,848 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,859 | €30,707 | +€11,848 | +62.8% |
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 7 October 2026 via checked.be.