Stilten Beheer: 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.
Stilten Beheer
Largest movements
- Tangible fixed assets -€30,734
down €30,734 (-3.5%), from €877,065 to €846,331
- Trade debts -€21,276
down €21,276 (-82.6%), from €25,744 to €4,469
- Debts after one year -€15,779
down €15,779 (-5.7%), from €276,299 to €260,520
- Profit (loss) carried forward -€13,455
down €13,455 (-304%), from -€4,422 to -€17,877
- Depreciation +€31,831
up €31,831 (+385%), from €8,262 to €40,093
- Gross operating margin +€30,177
up €30,177 (+213%), from €14,196 to €44,373
- Other operating charges +€5,419
up €5,419 (+1,254%), from €432 to €5,851
- Financial charges +€1,961
up €1,961 (+19.8%), from €9,924 to €11,885
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.
Derived cash bridge
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 | €912,368 | €869,264 | -€43,104 | -4.7% |
| Fixed assets | 21/28 | €877,065 | €846,331 | -€30,734 | -3.5% |
| Tangible fixed assets | 22/27 | €877,065 | €846,331 | -€30,734 | -3.5% |
| Land and buildings | 22 | €877,065 | €846,331 | -€30,734 | -3.5% |
| Current assets | 29/58 | €35,302 | €22,933 | -€12,370 | -35.0% |
| Amounts receivable within one year | 40/41 | €28,468 | €19,413 | -€9,054 | -31.8% |
| Trade receivables | 40 | €11,918 | €8,445 | -€3,473 | -29.1% |
| Other amounts receivable | 41 | €16,549 | €10,968 | -€5,581 | -33.7% |
| Cash at bank and in hand | 54/58 | €6,513 | €2,914 | -€3,599 | -55.3% |
| Deferred charges and accrued income | 490/1 | €322 | €606 | +€284 | +88.1% |
| Total equity and liabilities | 10/49 | €912,368 | €869,264 | -€43,104 | -4.7% |
| Equity | 10/15 | €340,578 | €327,123 | -€13,455 | -4.0% |
| Contributions | 10/11 | €345,000 | €345,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,422 | -€17,877 | -€13,455 | -304% |
| Amounts payable | 17/49 | €571,790 | €542,141 | -€29,649 | -5.2% |
| Amounts payable after more than one year | 17 | €276,299 | €260,520 | -€15,779 | -5.7% |
| Financial debts | 170/4 | €276,299 | €260,520 | -€15,779 | -5.7% |
| Amounts payable within one year | 42/48 | €295,490 | €281,621 | -€13,870 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €15,147 | €15,779 | +€632 | +4.2% |
| Trade debts | 44 | €25,744 | €4,469 | -€21,276 | -82.6% |
| Suppliers | 440/4 | €25,744 | €4,469 | -€21,276 | -82.6% |
| Taxes, remuneration and social security | 45 | - | €1,171 | +€1,171 | |
| Taxes | 450/3 | - | €1,171 | +€1,171 | |
| Other amounts payable | 47/48 | €254,599 | €260,202 | +€5,603 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,262 | €40,093 | +€31,831 | +385% |
| Other operating charges | 640/8 | €432 | €5,851 | +€5,419 | +1,254% |
| Gross operating margin | 9900 | €14,196 | €44,373 | +€30,177 | +213% |
| Operating profit (loss) | 9901 | €5,502 | -€1,570 | -€7,072 | |
| Financial charges | 65/66B | €9,924 | €11,885 | +€1,961 | +19.8% |
| Recurring financial charges | 65 | €9,924 | €11,885 | +€1,961 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,422 | -€13,455 | -€9,033 | -204% |
| Profit (loss) for the period | 9904 | -€4,422 | -€13,455 | -€9,033 | -204% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,422 | -€13,455 | -€9,033 | -204% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.