STILLMATION: 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.
STILLMATION
Largest movements
- Cash -€14,584
down €14,584 (-44.0%), from €33,112 to €18,529
mainly Net result for the year (-€25,182) and Tax, wage and social debts (-€4,363)
- Stocks and contracts -€3,500
down €3,500 (-63.6%), from €5,500 to €2,000
- Deferred charges and accrued income +€1,383
up €1,383 (+105.3%), from €1,314 to €2,698
- Receivables within one year -€1,371
down €1,371 (-10.6%), from €12,981 to €11,610
of which Trade receivables: -€2,499
- Profit (loss) carried forward -€25,182
new in 2025: -€25,182
- Trade debts +€8,481
up €8,481 (+127.7%), from €6,640 to €15,122
- Tax, wage and social debts -€4,363
down €4,363 (-68.0%), from €6,419 to €2,056
- Other debts +€2,684
up €2,684 (+11.3%), from €23,790 to €26,474
- Gross operating margin -€36,552
down €36,552, from €17,334 to -€19,218
- Financial charges +€1,836
up €1,836 (+57.6%), from €3,188 to €5,024
- Other operating charges -€1,202
down €1,202 (-82.4%), from €1,459 to €257
- Depreciation -€1,028
down €1,028 (-46.5%), from €2,209 to €1,182
- Financial income +€332
up €332 (+98.1%), from €338 to €669
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 | €55,642 | €37,262 | -€18,380 | -33.0% |
| Fixed assets | 21/28 | €2,734 | €2,425 | -€309 | -11.3% |
| Tangible fixed assets | 22/27 | €2,709 | €2,400 | -€309 | -11.4% |
| Plant, machinery and equipment | 23 | €1,735 | €2,061 | +€326 | +18.8% |
| Furniture and vehicles | 24 | €974 | €339 | -€634 | -65.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €52,908 | €34,837 | -€18,071 | -34.2% |
| Stocks and contracts in progress | 3 | €5,500 | €2,000 | -€3,500 | -63.6% |
| Stocks | 30/36 | €5,500 | €2,000 | -€3,500 | -63.6% |
| Amounts receivable within one year | 40/41 | €12,981 | €11,610 | -€1,371 | -10.6% |
| Trade receivables | 40 | €12,981 | €10,482 | -€2,499 | -19.3% |
| Other amounts receivable | 41 | - | €1,128 | +€1,128 | |
| Cash at bank and in hand | 54/58 | €33,112 | €18,529 | -€14,584 | -44.0% |
| Deferred charges and accrued income | 490/1 | €1,314 | €2,698 | +€1,383 | +105.3% |
| Total equity and liabilities | 10/49 | €55,642 | €37,262 | -€18,380 | -33.0% |
| Equity | 10/15 | €18,793 | -€6,389 | -€25,182 | |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €10,093 | €10,093 | = | 0.0% |
| Distributable reserves | 133 | €10,093 | €10,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€25,182 | -€25,182 | |
| Amounts payable | 17/49 | €36,849 | €43,651 | +€6,802 | +18.5% |
| Amounts payable within one year | 42/48 | €36,849 | €43,651 | +€6,802 | +18.5% |
| Trade debts | 44 | €6,640 | €15,122 | +€8,481 | +127.7% |
| Suppliers | 440/4 | €6,640 | €15,122 | +€8,481 | +127.7% |
| Taxes, remuneration and social security | 45 | €6,419 | €2,056 | -€4,363 | -68.0% |
| Taxes | 450/3 | €6,419 | €2,056 | -€4,363 | -68.0% |
| Other amounts payable | 47/48 | €23,790 | €26,474 | +€2,684 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,209 | €1,182 | -€1,028 | -46.5% |
| Other operating charges | 640/8 | €1,459 | €257 | -€1,202 | -82.4% |
| Gross operating margin | 9900 | €17,334 | -€19,218 | -€36,552 | |
| Operating profit (loss) | 9901 | €13,666 | -€20,656 | -€34,322 | |
| Financial income | 75/76B | €338 | €669 | +€332 | +98.1% |
| Recurring financial income | 75 | €338 | €669 | +€332 | +98.1% |
| Financial charges | 65/66B | €3,188 | €5,024 | +€1,836 | +57.6% |
| Recurring financial charges | 65 | €3,188 | €5,024 | +€1,836 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €10,816 | -€25,011 | -€35,827 | |
| Income taxes | 67/77 | €316 | €172 | -€144 | -45.7% |
| Profit (loss) for the period | 9904 | €10,500 | -€25,182 | -€35,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,500 | -€25,182 | -€35,682 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.