STODATA: 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.
STODATA
Largest movements
- Cash -€25,773
down €25,773 (-28.6%), from €90,256 to €64,483
mainly Contributions, distributions and other (-€144,311) and Trade debts (-€11,519)
- Receivables within one year +€9,273
up €9,273 (+23.7%), from €39,070 to €48,344
of which Trade receivables: +€9,201
- Deferred charges and accrued income -€3,703
down €3,703 (-67.2%), from €5,513 to €1,810
- Profit (loss) carried forward -€74,153
down €74,153 (-100.0%), from €74,153 to €0
- Other debts +€73,511
up €73,511 (+6607.3%), from €1,113 to €74,623
- Trade debts -€11,519
down €11,519 (-88.5%), from €13,008 to €1,490
- Tax, wage and social debts -€8,943
down €8,943 (-20.8%), from €43,031 to €34,088
of which Taxes: -€9,111
- Gross operating margin -€3,072
down €3,072 (-3.2%), from €95,610 to €92,538
- Other operating charges +€1,303
up €1,303 (+927.6%), from €141 to €1,444
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 | €134,839 | €114,637 | -€20,203 | -15.0% |
| Current assets | 29/58 | €134,839 | €114,637 | -€20,203 | -15.0% |
| Amounts receivable within one year | 40/41 | €39,070 | €48,344 | +€9,273 | +23.7% |
| Trade receivables | 40 | €39,000 | €48,201 | +€9,201 | +23.6% |
| Other amounts receivable | 41 | €70 | €142 | +€72 | +102.1% |
| Cash at bank and in hand | 54/58 | €90,256 | €64,483 | -€25,773 | -28.6% |
| Deferred charges and accrued income | 490/1 | €5,513 | €1,810 | -€3,703 | -67.2% |
| Total equity and liabilities | 10/49 | €134,839 | €114,637 | -€20,203 | -15.0% |
| Equity | 10/15 | €77,653 | €3,500 | -€74,153 | -95.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,153 | €0 | -€74,153 | -100.0% |
| Amounts payable | 17/49 | €57,186 | €111,137 | +€53,950 | +94.3% |
| Amounts payable within one year | 42/48 | €57,186 | €111,137 | +€53,950 | +94.3% |
| Financial debts | 43 | €34 | €936 | +€902 | +2630.9% |
| Credit institutions | 430/8 | €34 | €936 | +€902 | +2630.9% |
| Trade debts | 44 | €13,008 | €1,490 | -€11,519 | -88.5% |
| Suppliers | 440/4 | €13,008 | €1,490 | -€11,519 | -88.5% |
| Taxes, remuneration and social security | 45 | €43,031 | €34,088 | -€8,943 | -20.8% |
| Taxes | 450/3 | €41,031 | €31,920 | -€9,111 | -22.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,168 | +€168 | +8.4% |
| Other amounts payable | 47/48 | €1,113 | €74,623 | +€73,511 | +6607.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €141 | €1,444 | +€1,303 | +927.6% |
| Gross operating margin | 9900 | €95,610 | €92,538 | -€3,072 | -3.2% |
| Operating profit (loss) | 9901 | €95,469 | €91,094 | -€4,375 | -4.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,586 | €2,083 | +€496 | +31.3% |
| Recurring financial charges | 65 | €1,586 | €2,083 | +€496 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €93,883 | €89,012 | -€4,872 | -5.2% |
| Income taxes | 67/77 | €19,730 | €18,853 | -€877 | -4.4% |
| Profit (loss) for the period | 9904 | €74,153 | €70,158 | -€3,995 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,153 | €70,158 | -€3,995 | -5.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.