STUBIK: 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.
STUBIK
Largest movements
- Cash -€35,835
down €35,835 (-11.1%), from €323,831 to €287,996
mainly Contributions, distributions and other (-€73,005) and Other debts (-€33,110)
- Other debts -€33,110
down €33,110 (-99.9%), from €33,151 to €41
- Reserves -€3,943
down €3,943 (-1.4%), from €290,839 to €286,896
- Gross operating margin -€4,538
down €4,538 (-4.4%), from €104,107 to €99,569
- Financial income -€1,971
down €1,971 (-100.0%), from €1,971 to €0
- Taxes -€1,304
down €1,304 (-4.6%), from €28,127 to €26,822
- Other operating charges -€1,087
down €1,087 (-33.4%), from €3,255 to €2,168
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 | €331,894 | €294,781 | -€37,113 | -11.2% |
| Fixed assets | 21/28 | €1,693 | €308 | -€1,385 | -81.8% |
| Tangible fixed assets | 22/27 | €1,463 | €78 | -€1,385 | -94.6% |
| Furniture and vehicles | 24 | €1,463 | €78 | -€1,385 | -94.6% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €330,201 | €294,472 | -€35,728 | -10.8% |
| Amounts receivable within one year | 40/41 | €5,506 | €5,537 | +€31 | +0.6% |
| Other amounts receivable | 41 | €5,506 | €5,537 | +€31 | +0.6% |
| Cash at bank and in hand | 54/58 | €323,831 | €287,996 | -€35,835 | -11.1% |
| Deferred charges and accrued income | 490/1 | €864 | €939 | +€76 | +8.8% |
| Total equity and liabilities | 10/49 | €331,894 | €294,781 | -€37,113 | -11.2% |
| Equity | 10/15 | €290,840 | €286,897 | -€3,943 | -1.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €290,839 | €286,896 | -€3,943 | -1.4% |
| Distributable reserves | 133 | €290,839 | €286,896 | -€3,943 | -1.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €41,054 | €7,883 | -€33,171 | -80.8% |
| Amounts payable within one year | 42/48 | €41,054 | €7,883 | -€33,171 | -80.8% |
| Trade debts | 44 | €241 | €543 | +€301 | +125% |
| Suppliers | 440/4 | €241 | €543 | +€301 | +125% |
| Taxes, remuneration and social security | 45 | €7,661 | €7,299 | -€362 | -4.7% |
| Taxes | 450/3 | €7,661 | €7,299 | -€362 | -4.7% |
| Other amounts payable | 47/48 | €33,151 | €41 | -€33,110 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,037 | €1,385 | -€652 | -32.0% |
| Other operating charges | 640/8 | €3,255 | €2,168 | -€1,087 | -33.4% |
| Gross operating margin | 9900 | €104,107 | €99,569 | -€4,538 | -4.4% |
| Operating profit (loss) | 9901 | €98,815 | €96,016 | -€2,799 | -2.8% |
| Financial income | 75/76B | €1,971 | €0 | -€1,971 | -100.0% |
| Recurring financial income | 75 | €1,971 | €0 | -€1,971 | -100.0% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €100,669 | €95,885 | -€4,783 | -4.8% |
| Income taxes | 67/77 | €28,127 | €26,822 | -€1,304 | -4.6% |
| Profit (loss) for the period | 9904 | €72,542 | €69,063 | -€3,479 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,542 | €69,063 | -€3,479 | -4.8% |
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 17 October 2026 via checked.be.