STUCABO: 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.
STUCABO
Largest movements
- Cash +€5,030
up €5,030 (+55.0%), from €9,151 to €14,182
mainly Net result for the year (+€14,190) and Receivables within one year (+€4,223)
- Receivables within one year -€4,223
down €4,223 (-85.0%), from €4,966 to €743
of which Trade receivables: -€3,906
- Stocks and contracts +€332
up €332 (+22.5%), from €1,472 to €1,804
- Profit (loss) carried forward +€14,190
up €14,190 (+39.7%), from -€35,720 to -€21,529
- Other debts -€12,170
down €12,170 (-31.4%), from €38,702 to €26,532
- Trade debts -€2,131
down €2,131 (-41.3%), from €5,156 to €3,026
- Tax, wage and social debts +€1,250
up €1,250 (+100%), from €1,250 to €2,500
- Gross operating margin +€3,123
up €3,123 (+25.9%), from €12,049 to €15,172
- Financial charges +€170
up €170 (+2,052%), from €8 to €178
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 | €15,589 | €16,728 | +€1,139 | +7.3% |
| Current assets | 29/58 | €15,589 | €16,728 | +€1,139 | +7.3% |
| Stocks and contracts in progress | 3 | €1,472 | €1,804 | +€332 | +22.5% |
| Stocks | 30/36 | €1,472 | €1,804 | +€332 | +22.5% |
| Amounts receivable within one year | 40/41 | €4,966 | €743 | -€4,223 | -85.0% |
| Trade receivables | 40 | €4,119 | €213 | -€3,906 | -94.8% |
| Other amounts receivable | 41 | €847 | €530 | -€317 | -37.4% |
| Cash at bank and in hand | 54/58 | €9,151 | €14,182 | +€5,030 | +55.0% |
| Total equity and liabilities | 10/49 | €15,589 | €16,728 | +€1,139 | +7.3% |
| Equity | 10/15 | -€29,520 | -€15,329 | +€14,190 | +48.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€35,720 | -€21,529 | +€14,190 | +39.7% |
| Amounts payable | 17/49 | €45,108 | €32,057 | -€13,051 | -28.9% |
| Amounts payable within one year | 42/48 | €45,108 | €32,057 | -€13,051 | -28.9% |
| Trade debts | 44 | €5,156 | €3,026 | -€2,131 | -41.3% |
| Suppliers | 440/4 | €5,156 | €3,026 | -€2,131 | -41.3% |
| Taxes, remuneration and social security | 45 | €1,250 | €2,500 | +€1,250 | +100% |
| Remuneration and social security | 454/9 | €1,250 | €2,500 | +€1,250 | +100% |
| Other amounts payable | 47/48 | €38,702 | €26,532 | -€12,170 | -31.4% |
| Other operating charges | 640/8 | €830 | €804 | -€27 | -3.2% |
| Gross operating margin | 9900 | €12,049 | €15,172 | +€3,123 | +25.9% |
| Operating profit (loss) | 9901 | €11,219 | €14,369 | +€3,150 | +28.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -95.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -95.3% |
| Financial charges | 65/66B | €8 | €178 | +€170 | +2,052% |
| Recurring financial charges | 65 | €8 | €178 | +€170 | +2,052% |
| Profit (loss) for the period before taxes | 9903 | €11,211 | €14,190 | +€2,980 | +26.6% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | €11,211 | €14,190 | +€2,980 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,211 | €14,190 | +€2,980 | +26.6% |
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 14 October 2026 via checked.be.