STUK@: 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.
STUK@
Largest movements
- Receivables within one year -€13,711
down €13,711 (-54.4%), from €25,212 to €11,501
of which Trade receivables: -€13,600
- Cash +€8,406
up €8,406 (+159.8%), from €5,259 to €13,664
mainly Receivables within one year (+€13,711) and Depreciation (+€5,955)
- Tangible fixed assets -€5,955
down €5,955 (-33.7%), from €17,692 to €11,737
of which Furniture and vehicles: -€3,425
- Stocks and contracts +€1,000
up €1,000 (+11.1%), from €9,000 to €10,000
- Profit (loss) carried forward -€10,224
down €10,224 (-409.0%), from -€2,500 to -€12,724
- Trade debts +€745
up €745 (+42.3%), from €1,761 to €2,506
- Tax, wage and social debts -€624
down €624 (-40.9%), from €1,526 to €902
of which Taxes: -€624
- Gross operating margin -€12,848
down €12,848, from €9,008 to -€3,840
- Taxes -€432
down €432 (-74.0%), from €583 to €152
- Other operating charges -€209
down €209 (-52.9%), from €394 to €186
- Depreciation -€156
down €156 (-2.6%), from €6,111 to €5,955
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 | €57,162 | €46,902 | -€10,260 | -17.9% |
| Fixed assets | 21/28 | €17,692 | €11,737 | -€5,955 | -33.7% |
| Tangible fixed assets | 22/27 | €17,692 | €11,737 | -€5,955 | -33.7% |
| Plant, machinery and equipment | 23 | €8,595 | €6,065 | -€2,530 | -29.4% |
| Furniture and vehicles | 24 | €9,097 | €5,672 | -€3,425 | -37.6% |
| Current assets | 29/58 | €39,471 | €35,165 | -€4,305 | -10.9% |
| Stocks and contracts in progress | 3 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Contracts in progress | 37 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Amounts receivable within one year | 40/41 | €25,212 | €11,501 | -€13,711 | -54.4% |
| Trade receivables | 40 | €20,248 | €6,648 | -€13,600 | -67.2% |
| Other amounts receivable | 41 | €4,964 | €4,853 | -€111 | -2.2% |
| Cash at bank and in hand | 54/58 | €5,259 | €13,664 | +€8,406 | +159.8% |
| Total equity and liabilities | 10/49 | €57,162 | €46,902 | -€10,260 | -17.9% |
| Equity | 10/15 | €53,433 | €43,209 | -€10,224 | -19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,733 | €49,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,733 | €49,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,500 | -€12,724 | -€10,224 | -409.0% |
| Amounts payable | 17/49 | €3,729 | €3,693 | -€36 | -1.0% |
| Amounts payable within one year | 42/48 | €3,729 | €3,693 | -€36 | -1.0% |
| Trade debts | 44 | €1,761 | €2,506 | +€745 | +42.3% |
| Suppliers | 440/4 | €1,761 | €2,506 | +€745 | +42.3% |
| Taxes, remuneration and social security | 45 | €1,526 | €902 | -€624 | -40.9% |
| Taxes | 450/3 | €1,526 | €902 | -€624 | -40.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €442 | €285 | -€157 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,111 | €5,955 | -€156 | -2.6% |
| Other operating charges | 640/8 | €394 | €186 | -€209 | -52.9% |
| Gross operating margin | 9900 | €9,008 | -€3,840 | -€12,848 | |
| Operating profit (loss) | 9901 | €2,503 | -€9,981 | -€12,483 | |
| Financial income | 75/76B | €22 | €4 | -€19 | -83.2% |
| Recurring financial income | 75 | €22 | €4 | -€19 | -83.2% |
| Financial charges | 65/66B | €91 | €95 | +€4 | +4.6% |
| Recurring financial charges | 65 | €91 | €95 | +€4 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €2,434 | -€10,072 | -€12,506 | |
| Income taxes | 67/77 | €583 | €152 | -€432 | -74.0% |
| Profit (loss) for the period | 9904 | €1,850 | -€10,224 | -€12,074 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,850 | -€10,224 | -€12,074 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.