STUPA: 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.
STUPA
Largest movements
- Receivables within one year +€27,829
up €27,829 (+33.8%), from €82,287 to €110,116
of which Other amounts receivable: +€56,242
- Tangible fixed assets -€1,421
down €1,421 (-30.9%), from €4,607 to €3,186
of which Furniture and vehicles: -€1,260
- Debts after one year +€131,698
new in 2024: €131,698
- Other debts -€67,469
no longer reported in 2024 (was €67,469)
- Tax, wage and social debts -€23,247
down €23,247 (-29.9%), from €77,829 to €54,582
- Profit (loss) carried forward -€20,425
down €20,425 (-28.4%), from -€71,829 to -€92,254
- Trade debts +€3,668
up €3,668 (+19.4%), from €18,899 to €22,566
- Gross operating margin -€11,097
down €11,097 (-1169.6%), from -€949 to -€12,046
- Financial income -€3,252
down €3,252 (-74.9%), from €4,341 to €1,089
- Financial charges -€1,430
down €1,430 (-17.4%), from €8,217 to €6,787
- Other operating charges +€1,086
new in 2024: €1,086
- Taxes -€249
down €249 (-58.8%), from €423 to €174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,368 | €123,302 | +€25,934 | +26.6% |
| Fixed assets | 21/28 | €14,607 | €13,186 | -€1,421 | -9.7% |
| Tangible fixed assets | 22/27 | €4,607 | €3,186 | -€1,421 | -30.9% |
| Plant, machinery and equipment | 23 | €161 | - | -€161 | |
| Furniture and vehicles | 24 | €4,446 | €3,186 | -€1,260 | -28.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €82,761 | €110,116 | +€27,355 | +33.1% |
| Amounts receivable within one year | 40/41 | €82,287 | €110,116 | +€27,829 | +33.8% |
| Trade receivables | 40 | €34,851 | €6,438 | -€28,413 | -81.5% |
| Other amounts receivable | 41 | €47,436 | €103,678 | +€56,242 | +118.6% |
| Cash at bank and in hand | 54/58 | €474 | - | -€474 | |
| Total equity and liabilities | 10/49 | €97,368 | €123,302 | +€25,934 | +26.6% |
| Equity | 10/15 | -€66,829 | -€87,254 | -€20,425 | -30.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,829 | -€92,254 | -€20,425 | -28.4% |
| Amounts payable | 17/49 | €164,197 | €210,556 | +€46,359 | +28.2% |
| Amounts payable after more than one year | 17 | - | €131,698 | +€131,698 | |
| Other amounts payable | 178/9 | - | €131,698 | +€131,698 | |
| Amounts payable within one year | 42/48 | €164,197 | €78,858 | -€85,339 | -52.0% |
| Financial debts | 43 | - | €1,710 | +€1,710 | |
| Credit institutions | 430/8 | - | €1,710 | +€1,710 | |
| Trade debts | 44 | €18,899 | €22,566 | +€3,668 | +19.4% |
| Suppliers | 440/4 | €18,899 | €22,566 | +€3,668 | +19.4% |
| Taxes, remuneration and social security | 45 | €77,829 | €54,582 | -€23,247 | -29.9% |
| Taxes | 450/3 | €77,829 | €54,582 | -€23,247 | -29.9% |
| Other amounts payable | 47/48 | €67,469 | - | -€67,469 | |
| Non-recurring operating income | 76A | - | €3,736 | +€3,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,448 | €1,421 | -€27 | -1.9% |
| Other operating charges | 640/8 | - | €1,086 | +€1,086 | |
| Non-recurring operating charges | 66A | €2,257 | - | -€2,257 | |
| Gross operating margin | 9900 | -€949 | -€12,046 | -€11,097 | -1169.6% |
| Operating profit (loss) | 9901 | -€4,654 | -€14,554 | -€9,900 | -212.7% |
| Financial income | 75/76B | €4,341 | €1,089 | -€3,252 | -74.9% |
| Recurring financial income | 75 | €4,341 | €1,089 | -€3,252 | -74.9% |
| Financial charges | 65/66B | €8,217 | €6,787 | -€1,430 | -17.4% |
| Recurring financial charges | 65 | €8,217 | €6,787 | -€1,430 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,530 | -€20,251 | -€11,721 | -137.4% |
| Income taxes | 67/77 | €423 | €174 | -€249 | -58.8% |
| Profit (loss) for the period | 9904 | -€8,953 | -€20,425 | -€11,472 | -128.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,953 | -€20,425 | -€11,472 | -128.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.