Stubburiel: 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.
Stubburiel
Largest movements
- Current investments +€16,200
up €16,200 (+231.4%), from €7,000 to €23,200
- Tangible fixed assets -€4,959
down €4,959 (-30.2%), from €16,425 to €11,466
- Cash +€4,894
up €4,894 (+13.4%), from €36,644 to €41,538
mainly Net result for the year (+€16,717) and Depreciation (+€4,959)
- Receivables within one year +€2,244
up €2,244 (+362.1%), from €620 to €2,864
of which Other amounts receivable: +€2,864
- Profit (loss) carried forward +€16,717
up €16,717 (+55.1%), from -€30,336 to -€13,619
- Other debts +€2,844
up €2,844 (+39.5%), from €7,205 to €10,050
- Tax, wage and social debts -€1,048
down €1,048 (-20.9%), from €5,009 to €3,961
- Gross operating margin +€40,044
up €40,044, from -€13,514 to €26,530
- Depreciation -€3,410
down €3,410 (-40.7%), from €8,369 to €4,959
- Financial charges -€3,260
down €3,260 (-43.3%), from €7,523 to €4,264
- Other operating charges -€316
down €316 (-41.0%), from €771 to €455
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 | €60,689 | €79,068 | +€18,379 | +30.3% |
| Fixed assets | 21/28 | €16,425 | €11,466 | -€4,959 | -30.2% |
| Tangible fixed assets | 22/27 | €16,425 | €11,466 | -€4,959 | -30.2% |
| Furniture and vehicles | 24 | €16,425 | €11,466 | -€4,959 | -30.2% |
| Current assets | 29/58 | €44,264 | €67,602 | +€23,338 | +52.7% |
| Amounts receivable within one year | 40/41 | €620 | €2,864 | +€2,244 | +362.1% |
| Trade receivables | 40 | €620 | €0 | -€620 | -100.0% |
| Other amounts receivable | 41 | - | €2,864 | +€2,864 | |
| Current investments | 50/53 | €7,000 | €23,200 | +€16,200 | +231.4% |
| Cash at bank and in hand | 54/58 | €36,644 | €41,538 | +€4,894 | +13.4% |
| Total equity and liabilities | 10/49 | €60,689 | €79,068 | +€18,379 | +30.3% |
| Equity | 10/15 | -€27,336 | -€10,619 | +€16,717 | +61.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,336 | -€13,619 | +€16,717 | +55.1% |
| Amounts payable | 17/49 | €88,025 | €89,687 | +€1,662 | +1.9% |
| Amounts payable after more than one year | 17 | €75,220 | €75,220 | = | 0.0% |
| Financial debts | 170/4 | €75,220 | €75,220 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,805 | €14,467 | +€1,662 | +13.0% |
| Trade debts | 44 | €591 | €457 | -€134 | -22.7% |
| Suppliers | 440/4 | €591 | €457 | -€134 | -22.7% |
| Taxes, remuneration and social security | 45 | €5,009 | €3,961 | -€1,048 | -20.9% |
| Taxes | 450/3 | €5,009 | €3,961 | -€1,048 | -20.9% |
| Other amounts payable | 47/48 | €7,205 | €10,050 | +€2,844 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,369 | €4,959 | -€3,410 | -40.7% |
| Other operating charges | 640/8 | €771 | €455 | -€316 | -41.0% |
| Gross operating margin | 9900 | -€13,514 | €26,530 | +€40,044 | |
| Operating profit (loss) | 9901 | -€22,653 | €21,117 | +€43,770 | |
| Financial income | 75/76B | €56 | €0 | -€56 | -100.0% |
| Recurring financial income | 75 | €56 | €0 | -€56 | -100.0% |
| Financial charges | 65/66B | €7,523 | €4,264 | -€3,260 | -43.3% |
| Recurring financial charges | 65 | €7,523 | €4,264 | -€3,260 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,121 | €16,853 | +€46,974 | |
| Income taxes | 67/77 | €215 | €136 | -€80 | -36.9% |
| Profit (loss) for the period | 9904 | -€30,336 | €16,717 | +€47,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,336 | €16,717 | +€47,054 |
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.