STOFFELS ERNA: 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.
STOFFELS ERNA
Largest movements
- Cash +€78,518
up €78,518 (+25.0%), from €314,043 to €392,561
mainly Net result for the year (+€109,230) and Tax, wage and social debts (+€25,198)
- Tangible fixed assets -€12,054
down €12,054 (-31.4%), from €38,402 to €26,348
of which Leasing and similar rights: -€9,522
- Receivables within one year -€4,621
down €4,621 (-30.6%), from €15,125 to €10,504
- Reserves +€109,000
up €109,000 (+52.5%), from €207,716 to €316,716
of which Distributable reserves: +€109,000
- Other debts -€59,571
down €59,571 (-47.5%), from €125,358 to €65,787
- Tax, wage and social debts +€25,198
up €25,198 (+224%), from €11,250 to €36,448
- Debts after one year -€12,219
down €12,219 (-70.7%), from €17,290 to €5,071
- Gross operating margin +€40,127
up €40,127 (+30.0%), from €133,877 to €174,004
- Taxes +€12,479
up €12,479 (+36.8%), from €33,897 to €46,376
- Financial income -€11,449
down €11,449 (-77.9%), from €14,702 to €3,253
- Financial charges +€1,945
up €1,945 (+27.5%), from €7,070 to €9,015
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 | €385,369 | €446,877 | +€61,509 | +16.0% |
| Fixed assets | 21/28 | €38,402 | €26,348 | -€12,054 | -31.4% |
| Tangible fixed assets | 22/27 | €38,402 | €26,348 | -€12,054 | -31.4% |
| Plant, machinery and equipment | 23 | €2,585 | €1,438 | -€1,148 | -44.4% |
| Furniture and vehicles | 24 | €3,247 | €1,863 | -€1,384 | -42.6% |
| Leasing and similar rights | 25 | €32,569 | €23,048 | -€9,522 | -29.2% |
| Current assets | 29/58 | €346,967 | €420,529 | +€73,562 | +21.2% |
| Amounts receivable within one year | 40/41 | €15,125 | €10,504 | -€4,621 | -30.6% |
| Trade receivables | 40 | €15,125 | €10,504 | -€4,621 | -30.6% |
| Current investments | 50/53 | €6,750 | €6,750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €314,043 | €392,561 | +€78,518 | +25.0% |
| Deferred charges and accrued income | 490/1 | €11,049 | €10,714 | -€335 | -3.0% |
| Total equity and liabilities | 10/49 | €385,369 | €446,877 | +€61,509 | +16.0% |
| Equity | 10/15 | €213,916 | €323,146 | +€109,230 | +51.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €207,716 | €316,716 | +€109,000 | +52.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €207,716 | €316,716 | +€109,000 | +52.5% |
| Profit (loss) carried forward | 14 | €0 | €230 | +€230 | |
| Amounts payable | 17/49 | €171,452 | €123,731 | -€47,721 | -27.8% |
| Amounts payable after more than one year | 17 | €17,290 | €5,071 | -€12,219 | -70.7% |
| Financial debts | 170/4 | €17,290 | €5,071 | -€12,219 | -70.7% |
| Amounts payable within one year | 42/48 | €148,409 | €115,670 | -€32,740 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €11,744 | €12,219 | +€474 | +4.0% |
| Trade debts | 44 | €57 | €1,216 | +€1,159 | +2,041% |
| Suppliers | 440/4 | €57 | €1,216 | +€1,159 | +2,041% |
| Taxes, remuneration and social security | 45 | €11,250 | €36,448 | +€25,198 | +224% |
| Taxes | 450/3 | €11,250 | €36,448 | +€25,198 | +224% |
| Other amounts payable | 47/48 | €125,358 | €65,787 | -€59,571 | -47.5% |
| Accrued charges and deferred income | 492/3 | €5,753 | €2,991 | -€2,763 | -48.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,612 | €12,054 | -€559 | -4.4% |
| Other operating charges | 640/8 | €450 | €582 | +€133 | +29.5% |
| Gross operating margin | 9900 | €133,877 | €174,004 | +€40,127 | +30.0% |
| Operating profit (loss) | 9901 | €120,815 | €161,368 | +€40,553 | +33.6% |
| Financial income | 75/76B | €14,702 | €3,253 | -€11,449 | -77.9% |
| Recurring financial income | 75 | €14,702 | €3,253 | -€11,449 | -77.9% |
| Financial charges | 65/66B | €7,070 | €9,015 | +€1,945 | +27.5% |
| Recurring financial charges | 65 | €7,070 | €9,015 | +€1,945 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €128,447 | €155,605 | +€27,159 | +21.1% |
| Income taxes | 67/77 | €33,897 | €46,376 | +€12,479 | +36.8% |
| Profit (loss) for the period | 9904 | €94,550 | €109,230 | +€14,680 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,550 | €109,230 | +€14,680 | +15.5% |
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 22 October 2026 via checked.be.