STILL: 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.
STILL
Largest movements
- Receivables within one year -€2,340
down €2,340 (-75.3%), from €3,108 to €768
of which Trade receivables: -€2,340
- Deferred charges and accrued income -€675
down €675 (-38.3%), from €1,761 to €1,086
- Tangible fixed assets -€623
down €623 (-2.4%), from €26,484 to €25,861
- Profit (loss) carried forward +€13,929
up €13,929 (+42.7%), from -€32,592 to -€18,663
- Reserves -€10,000
no longer reported in 2025 (was €10,000)
- Other debts -€3,407
down €3,407 (-94.7%), from €3,597 to €190
- Debts after one year -€2,500
down €2,500 (-10.0%), from €25,000 to €22,500
- Trade debts -€1,481
down €1,481 (-83.2%), from €1,780 to €299
- Gross operating margin -€873
down €873 (-62.6%), from €1,395 to €522
- Financial income +€313
up €313 (+5.0%), from €6,224 to €6,537
- Other operating charges -€111
down €111 (-4.9%), from €2,256 to €2,144
- Financial charges -€30
down €30 (-15.3%), from €194 to €164
- Taxes -€23
down €23 (-10.4%), from €220 to €198
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 | €31,916 | €28,528 | -€3,388 | -10.6% |
| Fixed assets | 21/28 | €26,484 | €25,861 | -€623 | -2.4% |
| Tangible fixed assets | 22/27 | €26,484 | €25,861 | -€623 | -2.4% |
| Land and buildings | 22 | €25,823 | €25,541 | -€281 | -1.1% |
| Plant, machinery and equipment | 23 | €169 | €60 | -€108 | -64.3% |
| Furniture and vehicles | 24 | €492 | €259 | -€234 | -47.4% |
| Current assets | 29/58 | €5,432 | €2,667 | -€2,765 | -50.9% |
| Amounts receivable within one year | 40/41 | €3,108 | €768 | -€2,340 | -75.3% |
| Trade receivables | 40 | €2,861 | €520 | -€2,340 | -81.8% |
| Other amounts receivable | 41 | €248 | €248 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €562 | €813 | +€251 | +44.6% |
| Deferred charges and accrued income | 490/1 | €1,761 | €1,086 | -€675 | -38.3% |
| Total equity and liabilities | 10/49 | €31,916 | €28,528 | -€3,388 | -10.6% |
| Equity | 10/15 | €1,189 | €5,119 | +€3,929 | +330.4% |
| Contributions | 10/11 | €23,782 | €23,782 | = | 0.0% |
| Reserves | 13 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | -€32,592 | -€18,663 | +€13,929 | +42.7% |
| Amounts payable | 17/49 | €30,727 | €23,409 | -€7,317 | -23.8% |
| Amounts payable after more than one year | 17 | €25,000 | €22,500 | -€2,500 | -10.0% |
| Financial debts | 170/4 | €25,000 | €22,500 | -€2,500 | -10.0% |
| Amounts payable within one year | 42/48 | €5,727 | €909 | -€4,817 | -84.1% |
| Trade debts | 44 | €1,780 | €299 | -€1,481 | -83.2% |
| Suppliers | 440/4 | €1,780 | €299 | -€1,481 | -83.2% |
| Taxes, remuneration and social security | 45 | €349 | €420 | +€71 | +20.3% |
| Taxes | 450/3 | €349 | €420 | +€71 | +20.3% |
| Other amounts payable | 47/48 | €3,597 | €190 | -€3,407 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €623 | = | 0.0% |
| Other operating charges | 640/8 | €2,256 | €2,144 | -€111 | -4.9% |
| Gross operating margin | 9900 | €1,395 | €522 | -€873 | -62.6% |
| Operating profit (loss) | 9901 | -€1,484 | -€2,246 | -€761 | -51.3% |
| Financial income | 75/76B | €6,224 | €6,537 | +€313 | +5.0% |
| Recurring financial income | 75 | €6,224 | €6,537 | +€313 | +5.0% |
| Financial charges | 65/66B | €194 | €164 | -€30 | -15.3% |
| Recurring financial charges | 65 | €194 | €164 | -€30 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €4,546 | €4,127 | -€419 | -9.2% |
| Income taxes | 67/77 | €220 | €198 | -€23 | -10.4% |
| Profit (loss) for the period | 9904 | €4,326 | €3,929 | -€396 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,326 | €3,929 | -€396 | -9.2% |
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 6 October 2026 via checked.be.