STREAM SERVICES: what changed
What changed
STREAM SERVICES
NACE 91.110, Libraries, archives, museums and other cultural activities
filed annual accounts (NBB)
Net result for the year
€87,223
2024 · €59,098+€28,125
Equity
€320,460
2024 · €311,294+€9,166
Cash
€46,536
2024 · €99,817-€53,280
Balance sheet total
€1.1m
2024 · €872,025+€222,937
Largest movements
Assets
- Tangible fixed assets +€194,388
up €194,388 (+35.4%), from €549,753 to €744,141
of which Assets under construction and advance payments: +€254,910
- Receivables within one year +€53,461
up €53,461 (+49.2%), from €108,696 to €162,157
of which Other amounts receivable: +€34,726
- Cash -€53,280
down €53,280 (-53.4%), from €99,817 to €46,536
mainly Investment in fixed assets (net) (-€255,362) and Contributions, distributions and other (-€78,057)
- Stocks and contracts +€29,412
up €29,412 (+31.7%), from €92,764 to €122,176
Equity and liabilities
- Debts after one year +€137,248
up €137,248 (+35.1%), from €391,563 to €528,811
- Other debts +€71,716
up €71,716 (+1,466%), from €4,893 to €76,609
- Advances received -€30,640
down €30,640 (-100%), from €30,640 to €0
- Tax, wage and social debts +€20,567
up €20,567 (+41.3%), from €49,823 to €70,390
of which Taxes: +€14,380
Income statement
- Gross operating margin +€117,369
up €117,369 (+30.9%), from €379,554 to €496,924
- Staff costs +€68,479
up €68,479 (+29.6%), from €231,211 to €299,689
- Taxes +€14,230
up €14,230 (+68.4%), from €20,804 to €35,035
- Financial charges +€5,161
up €5,161 (+62.1%), from €8,313 to €13,474
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€59,098
Gross operating margin
+€117,369
Staff costs
-€68,479
Depreciation
-€3,711
Other operating charges
+€1,276
Other operating items
+€1,214
Financial income
-€154
Financial charges
-€5,161
Taxes
-€14,230
Result 2025
€87,223
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€136,773
Investment
-€255,362
Financing
+€65,308
Cash 2024
€99,817
From operations (derived)
+€136,773
Net result for the year
+€87,223
Depreciation
+€61,478
Stocks and contracts
-€29,412
Receivables within one year
-€53,461
Smaller working-capital items
+€606
Trade debts
+€8,695
Tax, wage and social debts
+€20,567
Advances received
-€30,640
Other debts
+€71,716
Investment (derived)
-€255,362
Investment in fixed assets (net)
-€255,362
Financing
+€65,308
Debts after one year
+€137,248
Current portion of long-term debt
+€6,117
Contributions, distributions and other
-€78,057
Cash 2025
€46,536
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €872,025 | €1,094,962 | +€222,937 | +25.6% |
| Fixed assets | 21/28 | €551,708 | €745,592 | +€193,884 | +35.1% |
| Intangible fixed assets | 21 | €1,294 | €790 | -€504 | -39.0% |
| Tangible fixed assets | 22/27 | €549,753 | €744,141 | +€194,388 | +35.4% |
| Land and buildings | 22 | €381,895 | €367,840 | -€14,054 | -3.7% |
| Plant, machinery and equipment | 23 | €36,249 | €24,795 | -€11,453 | -31.6% |
| Furniture and vehicles | 24 | €131,600 | €96,595 | -€35,005 | -26.6% |
| Other tangible fixed assets | 26 | €9 | €0 | -€9 | -100% |
| Assets under construction and advance payments | 27 | - | €254,910 | +€254,910 | |
| Financial fixed assets | 28 | €661 | €661 | = | 0.0% |
| Current assets | 29/58 | €320,318 | €349,370 | +€29,053 | +9.1% |
| Stocks and contracts in progress | 3 | €92,764 | €122,176 | +€29,412 | +31.7% |
| Stocks | 30/36 | €92,764 | €122,176 | +€29,412 | +31.7% |
| Amounts receivable within one year | 40/41 | €108,696 | €162,157 | +€53,461 | +49.2% |
| Trade receivables | 40 | €105,847 | €124,581 | +€18,734 | +17.7% |
| Other amounts receivable | 41 | €2,849 | €37,575 | +€34,726 | +1,219% |
| Cash at bank and in hand | 54/58 | €99,817 | €46,536 | -€53,280 | -53.4% |
| Deferred charges and accrued income | 490/1 | €19,040 | €18,502 | -€539 | -2.8% |
| Total equity and liabilities | 10/49 | €872,025 | €1,094,962 | +€222,937 | +25.6% |
| Equity | 10/15 | €311,294 | €320,460 | +€9,166 | +2.9% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €258,265 | €267,665 | +€9,400 | +3.6% |
| Distributable reserves | 133 | €258,265 | €267,665 | +€9,400 | +3.6% |
| Profit (loss) carried forward | 14 | €2,574 | €4,797 | +€2,223 | +86.4% |
| Investment grants | 15 | €42,255 | €39,798 | -€2,457 | -5.8% |
| Amounts payable | 17/49 | €560,731 | €774,502 | +€213,770 | +38.1% |
| Amounts payable after more than one year | 17 | €391,563 | €528,811 | +€137,248 | +35.1% |
| Financial debts | 170/4 | €391,563 | €528,811 | +€137,248 | +35.1% |
| Amounts payable within one year | 42/48 | €169,168 | €245,623 | +€76,455 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €48,947 | €55,064 | +€6,117 | +12.5% |
| Trade debts | 44 | €34,864 | €43,560 | +€8,695 | +24.9% |
| Suppliers | 440/4 | €34,864 | €43,560 | +€8,695 | +24.9% |
| Advances received on contracts in progress | 46 | €30,640 | €0 | -€30,640 | -100% |
| Taxes, remuneration and social security | 45 | €49,823 | €70,390 | +€20,567 | +41.3% |
| Taxes | 450/3 | €23,059 | €37,439 | +€14,380 | +62.4% |
| Remuneration and social security | 454/9 | €26,764 | €32,951 | +€6,187 | +23.1% |
| Other amounts payable | 47/48 | €4,893 | €76,609 | +€71,716 | +1,466% |
| Accrued charges and deferred income | 492/3 | - | €68 | +€68 | |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100% |
| Remuneration, social security and pensions | 62 | €231,211 | €299,689 | +€68,479 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,767 | €61,478 | +€3,711 | +6.4% |
| Other operating charges | 640/8 | €4,386 | €3,110 | -€1,276 | -29.1% |
| Non-recurring operating charges | 66A | €1,214 | €0 | -€1,214 | -100% |
| Gross operating margin | 9900 | €379,554 | €496,924 | +€117,369 | +30.9% |
| Operating profit (loss) | 9901 | €84,976 | €132,646 | +€47,670 | +56.1% |
| Financial income | 75/76B | €3,239 | €3,085 | -€154 | -4.7% |
| Recurring financial income | 75 | €3,239 | €3,085 | -€154 | -4.7% |
| Financial charges | 65/66B | €8,313 | €13,474 | +€5,161 | +62.1% |
| Recurring financial charges | 65 | €8,313 | €13,474 | +€5,161 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €79,902 | €122,258 | +€42,355 | +53.0% |
| Income taxes | 67/77 | €20,804 | €35,035 | +€14,230 | +68.4% |
| Profit (loss) for the period | 9904 | €59,098 | €87,223 | +€28,125 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,098 | €87,223 | +€28,125 | +47.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.