Vrienden van STVV: what changed
Vrienden van STVV
Largest movements
- Stocks and contracts +€72,714
up €72,714 (+261%), from €27,887 to €100,601
- Cash -€25,143
down €25,143 (-37.6%), from €66,946 to €41,803
mainly Stocks and contracts (-€72,714) and Investment in fixed assets (net) (-€29,428)
- Tangible fixed assets +€11,159
up €11,159 (+21.7%), from €51,328 to €62,487
of which Plant, machinery and equipment: +€8,533
- Deferred charges and accrued income -€5,651
down €5,651 (-63.2%), from €8,942 to €3,291
- Receivables within one year +€4,407
up €4,407 (+5.7%), from €76,876 to €81,283
of which Other amounts receivable: +€9,479
- Trade debts +€65,439
up €65,439 (+32.0%), from €204,282 to €269,721
- Accrued charges and deferred income -€4,649
down €4,649 (-23.1%), from €20,167 to €15,518
- Tax, wage and social debts -€4,009
down €4,009 (-53.8%), from €7,456 to €3,448
of which Taxes: -€6,385
- Staff costs +€24,925
up €24,925 (+21.4%), from €116,271 to €141,197
- Gross operating margin +€13,899
up €13,899 (+9.3%), from €148,887 to €162,786
- Depreciation +€5,255
up €5,255 (+40.4%), from €13,014 to €18,268
- Financial charges -€3,317
down €3,317 (-69.7%), from €4,758 to €1,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €231,978 | €289,465 | +€57,486 | +24.8% |
| Fixed assets | 21/28 | €51,328 | €62,487 | +€11,159 | +21.7% |
| Tangible fixed assets | 22/27 | €51,328 | €62,487 | +€11,159 | +21.7% |
| Land and buildings | 22 | €44,234 | €40,121 | -€4,112 | -9.3% |
| Plant, machinery and equipment | 23 | €743 | €9,276 | +€8,533 | +1,149% |
| Furniture and vehicles | 24 | €6,351 | €13,090 | +€6,738 | +106% |
| Current assets | 29/58 | €180,651 | €226,978 | +€46,327 | +25.6% |
| Stocks and contracts in progress | 3 | €27,887 | €100,601 | +€72,714 | +261% |
| Stocks | 30/36 | €27,887 | €100,601 | +€72,714 | +261% |
| Amounts receivable within one year | 40/41 | €76,876 | €81,283 | +€4,407 | +5.7% |
| Trade receivables | 40 | €76,876 | €71,804 | -€5,071 | -6.6% |
| Other amounts receivable | 41 | - | €9,479 | +€9,479 | |
| Cash at bank and in hand | 54/58 | €66,946 | €41,803 | -€25,143 | -37.6% |
| Deferred charges and accrued income | 490/1 | €8,942 | €3,291 | -€5,651 | -63.2% |
| Total equity and liabilities | 10/49 | €231,978 | €289,465 | +€57,486 | +24.8% |
| Equity | 10/15 | €74 | €779 | +€705 | +955% |
| Profit (loss) carried forward | 14 | €74 | €779 | +€705 | +955% |
| Amounts payable | 17/49 | €231,905 | €288,686 | +€56,781 | +24.5% |
| Amounts payable within one year | 42/48 | €211,738 | €273,168 | +€61,430 | +29.0% |
| Trade debts | 44 | €204,282 | €269,721 | +€65,439 | +32.0% |
| Suppliers | 440/4 | €204,282 | €269,721 | +€65,439 | +32.0% |
| Taxes, remuneration and social security | 45 | €7,456 | €3,448 | -€4,009 | -53.8% |
| Taxes | 450/3 | €6,385 | €0 | -€6,385 | -100% |
| Remuneration and social security | 454/9 | €1,072 | €3,448 | +€2,376 | +222% |
| Accrued charges and deferred income | 492/3 | €20,167 | €15,518 | -€4,649 | -23.1% |
| Remuneration, social security and pensions | 62 | €116,271 | €141,197 | +€24,925 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,014 | €18,268 | +€5,255 | +40.4% |
| Other operating charges | 640/8 | €755 | €1,202 | +€446 | +59.1% |
| Gross operating margin | 9900 | €148,887 | €162,786 | +€13,899 | +9.3% |
| Operating profit (loss) | 9901 | €18,847 | €2,120 | -€16,727 | -88.8% |
| Financial income | 75/76B | €226 | €27 | -€199 | -88.3% |
| Recurring financial income | 75 | €226 | €27 | -€199 | -88.3% |
| Financial charges | 65/66B | €4,758 | €1,441 | -€3,317 | -69.7% |
| Recurring financial charges | 65 | €4,758 | €1,441 | -€3,317 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €14,315 | €705 | -€13,610 | -95.1% |
| Profit (loss) for the period | 9904 | €14,315 | €705 | -€13,610 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,315 | €705 | -€13,610 | -95.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.