Stukadoor David: 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.
Stukadoor David
Largest movements
- Receivables within one year +€26,284
up €26,284 (+802%), from €3,278 to €29,562
of which Trade receivables: +€22,076
- Cash -€10,987
down €10,987 (-96.5%), from €11,390 to €402
mainly Receivables within one year (-€26,284) and Tax, wage and social debts (-€3,902)
- Stocks and contracts +€3,750
up €3,750 (+51.8%), from €7,235 to €10,985
- Deferred charges and accrued income +€3,315
up €3,315 (+736%), from €450 to €3,765
- Tangible fixed assets -€2,590
down €2,590 (-75.4%), from €3,433 to €843
of which Furniture and vehicles: -€1,912
- Accrued charges and deferred income +€16,000
new in 2025: €16,000
- Profit (loss) carried forward +€6,906
up €6,906 (+31.3%), from -€22,064 to -€15,158
- Tax, wage and social debts -€3,902
down €3,902 (-92.1%), from €4,237 to €335
- Other debts +€2,661
up €2,661 (+10.8%), from €24,588 to €27,249
- Trade debts -€1,892
down €1,892 (-13.5%), from €14,024 to €12,131
- Gross operating margin +€23,506
up €23,506, from -€9,456 to €14,049
- Depreciation -€2,049
down €2,049 (-44.2%), from €4,638 to €2,590
- Write-downs -€1,381
no longer reported in 2025 (was €1,381)
- Other operating charges +€758
up €758 (+57.7%), from €1,314 to €2,072
- Financial charges -€505
down €505 (-17.7%), from €2,852 to €2,347
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 | €25,786 | €45,558 | +€19,772 | +76.7% |
| Fixed assets | 21/28 | €3,433 | €843 | -€2,590 | -75.4% |
| Tangible fixed assets | 22/27 | €3,433 | €843 | -€2,590 | -75.4% |
| Plant, machinery and equipment | 23 | €677 | €0 | -€677 | -100% |
| Furniture and vehicles | 24 | €2,756 | €843 | -€1,912 | -69.4% |
| Current assets | 29/58 | €22,353 | €44,714 | +€22,361 | +100% |
| Stocks and contracts in progress | 3 | €7,235 | €10,985 | +€3,750 | +51.8% |
| Contracts in progress | 37 | €7,235 | €10,985 | +€3,750 | +51.8% |
| Amounts receivable within one year | 40/41 | €3,278 | €29,562 | +€26,284 | +802% |
| Trade receivables | 40 | €3,111 | €25,187 | +€22,076 | +710% |
| Other amounts receivable | 41 | €167 | €4,375 | +€4,208 | +2,524% |
| Cash at bank and in hand | 54/58 | €11,390 | €402 | -€10,987 | -96.5% |
| Deferred charges and accrued income | 490/1 | €450 | €3,765 | +€3,315 | +736% |
| Total equity and liabilities | 10/49 | €25,786 | €45,558 | +€19,772 | +76.7% |
| Equity | 10/15 | -€17,064 | -€10,158 | +€6,906 | +40.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,064 | -€15,158 | +€6,906 | +31.3% |
| Amounts payable | 17/49 | €42,850 | €55,716 | +€12,866 | +30.0% |
| Amounts payable within one year | 42/48 | €42,850 | €39,716 | -€3,134 | -7.3% |
| Trade debts | 44 | €14,024 | €12,131 | -€1,892 | -13.5% |
| Suppliers | 440/4 | €14,024 | €12,131 | -€1,892 | -13.5% |
| Taxes, remuneration and social security | 45 | €4,237 | €335 | -€3,902 | -92.1% |
| Taxes | 450/3 | €4,237 | €335 | -€3,902 | -92.1% |
| Other amounts payable | 47/48 | €24,588 | €27,249 | +€2,661 | +10.8% |
| Accrued charges and deferred income | 492/3 | - | €16,000 | +€16,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €2,590 | -€2,049 | -44.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,381 | - | -€1,381 | |
| Other operating charges | 640/8 | €1,314 | €2,072 | +€758 | +57.7% |
| Gross operating margin | 9900 | -€9,456 | €14,049 | +€23,506 | |
| Operating profit (loss) | 9901 | -€16,790 | €9,387 | +€26,177 | |
| Financial income | 75/76B | €127 | €25 | -€101 | -80.0% |
| Recurring financial income | 75 | €127 | €25 | -€101 | -80.0% |
| Financial charges | 65/66B | €2,852 | €2,347 | -€505 | -17.7% |
| Recurring financial charges | 65 | €2,852 | €2,347 | -€505 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,515 | €7,066 | +€26,581 | |
| Income taxes | 67/77 | €175 | €160 | -€15 | -8.3% |
| Profit (loss) for the period | 9904 | -€19,690 | €6,906 | +€26,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,690 | €6,906 | +€26,595 |
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 30 October 2026 via checked.be.