StressLess: 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.
StressLess
Largest movements
- Receivables within one year +€2,605
up €2,605 (+870.2%), from €299 to €2,904
of which Trade receivables: +€2,686
- Tangible fixed assets -€1,337
down €1,337 (-26.2%), from €5,100 to €3,763
of which Leasing and similar rights: -€1,000
- Formation expenses -€437
down €437 (-46.5%), from €940 to €503
- Cash -€423
down €423 (-51.5%), from €821 to €398
mainly Receivables within one year (-€2,605) and Debts after one year (-€2,030)
- Stocks and contracts -€143
no longer reported in 2025 (was €143)
- Debts after one year -€2,030
down €2,030 (-49.6%), from €4,090 to €2,060
- Profit (loss) carried forward +€1,401
up €1,401 (+11.0%), from -€12,679 to -€11,278
- Short-term financial debts +€1,167
new in 2025: €1,167
- Other debts +€779
up €779 (+13.4%), from €5,820 to €6,599
- Tax, wage and social debts -€460
down €460 (-84.1%), from €547 to €87
- Gross operating margin +€805
up €805 (+15.8%), from €5,100 to €5,905
- Other operating charges +€414
up €414 (+93.8%), from €442 to €856
- Financial charges -€243
down €243 (-19.3%), from €1,262 to €1,019
- Depreciation +€145
up €145 (+5.9%), from €2,484 to €2,630
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 | €7,527 | €7,735 | +€208 | +2.8% |
| Formation expenses | 20 | €940 | €503 | -€437 | -46.5% |
| Fixed assets | 21/28 | €5,175 | €3,763 | -€1,412 | -27.3% |
| Tangible fixed assets | 22/27 | €5,100 | €3,763 | -€1,337 | -26.2% |
| Plant, machinery and equipment | 23 | €2,415 | €1,852 | -€563 | -23.3% |
| Furniture and vehicles | 24 | - | €226 | +€226 | |
| Leasing and similar rights | 25 | €2,685 | €1,685 | -€1,000 | -37.2% |
| Financial fixed assets | 28 | €75 | - | -€75 | |
| Current assets | 29/58 | €1,412 | €3,469 | +€2,057 | +145.7% |
| Stocks and contracts in progress | 3 | €143 | - | -€143 | |
| Stocks | 30/36 | €143 | - | -€143 | |
| Amounts receivable within one year | 40/41 | €299 | €2,904 | +€2,605 | +870.2% |
| Trade receivables | 40 | €218 | €2,904 | +€2,686 | +1231.8% |
| Other amounts receivable | 41 | €81 | - | -€81 | |
| Cash at bank and in hand | 54/58 | €821 | €398 | -€423 | -51.5% |
| Deferred charges and accrued income | 490/1 | €149 | €167 | +€18 | +12.1% |
| Total equity and liabilities | 10/49 | €7,527 | €7,735 | +€208 | +2.8% |
| Equity | 10/15 | -€7,679 | -€6,278 | +€1,401 | +18.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,679 | -€11,278 | +€1,401 | +11.0% |
| Amounts payable | 17/49 | €15,206 | €14,013 | -€1,193 | -7.8% |
| Amounts payable after more than one year | 17 | €4,090 | €2,060 | -€2,030 | -49.6% |
| Financial debts | 170/4 | €4,090 | €2,060 | -€2,030 | -49.6% |
| Amounts payable within one year | 42/48 | €9,394 | €10,583 | +€1,189 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,030 | +€30 | +1.5% |
| Financial debts | 43 | - | €1,167 | +€1,167 | |
| Credit institutions | 430/8 | - | €1,167 | +€1,167 | |
| Trade debts | 44 | €1,027 | €700 | -€327 | -31.8% |
| Suppliers | 440/4 | €1,027 | €700 | -€327 | -31.8% |
| Taxes, remuneration and social security | 45 | €547 | €87 | -€460 | -84.1% |
| Taxes | 450/3 | €547 | €87 | -€460 | -84.1% |
| Other amounts payable | 47/48 | €5,820 | €6,599 | +€779 | +13.4% |
| Accrued charges and deferred income | 492/3 | €1,722 | €1,370 | -€352 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,484 | €2,630 | +€145 | +5.9% |
| Other operating charges | 640/8 | €442 | €856 | +€414 | +93.8% |
| Gross operating margin | 9900 | €5,100 | €5,905 | +€805 | +15.8% |
| Operating profit (loss) | 9901 | €2,174 | €2,419 | +€245 | +11.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -95.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -95.0% |
| Financial charges | 65/66B | €1,262 | €1,019 | -€243 | -19.3% |
| Recurring financial charges | 65 | €1,262 | €1,019 | -€243 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €914 | €1,401 | +€487 | +53.3% |
| Profit (loss) for the period | 9904 | €914 | €1,401 | +€487 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €914 | €1,401 | +€487 | +53.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.