Stackhouse: 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.
Stackhouse
Largest movements
- Cash +€53,493
up €53,493 (+43.5%), from €122,992 to €176,485
mainly Net result for the year (+€59,142) and Tax, wage and social debts (+€6,305)
- Receivables within one year +€14,320
up €14,320, from €0 to €14,320
of which Trade receivables: +€14,019
- Tangible fixed assets -€2,120
down €2,120 (-39.3%), from €5,399 to €3,280
of which Plant, machinery and equipment: -€1,170
- Reserves +€59,142
up €59,142 (+67.6%), from €87,515 to €146,657
- Tax, wage and social debts +€6,305
up €6,305 (+20.2%), from €31,220 to €37,525
of which Taxes: +€6,281
- Gross operating margin +€8,193
up €8,193 (+12.0%), from €68,233 to €76,426
- Taxes +€1,740
up €1,740 (+13.2%), from €13,143 to €14,883
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 | €128,892 | €194,534 | +€65,642 | +50.9% |
| Fixed assets | 21/28 | €5,399 | €3,280 | -€2,120 | -39.3% |
| Tangible fixed assets | 22/27 | €5,399 | €3,280 | -€2,120 | -39.3% |
| Plant, machinery and equipment | 23 | €2,146 | €975 | -€1,170 | -54.5% |
| Furniture and vehicles | 24 | €3,253 | €2,304 | -€949 | -29.2% |
| Current assets | 29/58 | €123,493 | €191,255 | +€67,762 | +54.9% |
| Amounts receivable within one year | 40/41 | €0 | €14,320 | +€14,320 | |
| Trade receivables | 40 | €0 | €14,019 | +€14,019 | |
| Other amounts receivable | 41 | - | €301 | +€301 | |
| Cash at bank and in hand | 54/58 | €122,992 | €176,485 | +€53,493 | +43.5% |
| Deferred charges and accrued income | 490/1 | €501 | €450 | -€51 | -10.3% |
| Total equity and liabilities | 10/49 | €128,892 | €194,534 | +€65,642 | +50.9% |
| Equity | 10/15 | €92,515 | €151,657 | +€59,142 | +63.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,515 | €146,657 | +€59,142 | +67.6% |
| Distributable reserves | 133 | €87,515 | €146,657 | +€59,142 | +67.6% |
| Amounts payable | 17/49 | €36,377 | €42,878 | +€6,500 | +17.9% |
| Amounts payable within one year | 42/48 | €36,377 | €42,878 | +€6,500 | +17.9% |
| Trade debts | 44 | €1,885 | €2,010 | +€125 | +6.7% |
| Suppliers | 440/4 | €1,885 | €2,010 | +€125 | +6.7% |
| Taxes, remuneration and social security | 45 | €31,220 | €37,525 | +€6,305 | +20.2% |
| Taxes | 450/3 | €28,677 | €34,958 | +€6,281 | +21.9% |
| Remuneration and social security | 454/9 | €2,543 | €2,567 | +€24 | +0.9% |
| Other amounts payable | 47/48 | €3,273 | €3,343 | +€70 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,024 | €2,120 | +€96 | +4.7% |
| Gross operating margin | 9900 | €68,233 | €76,426 | +€8,193 | +12.0% |
| Operating profit (loss) | 9901 | €66,209 | €74,306 | +€8,097 | +12.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €916 | €281 | -€635 | -69.3% |
| Recurring financial charges | 65 | €916 | €281 | -€635 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €65,293 | €74,025 | +€8,732 | +13.4% |
| Income taxes | 67/77 | €13,143 | €14,883 | +€1,740 | +13.2% |
| Profit (loss) for the period | 9904 | €52,150 | €59,142 | +€6,992 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,150 | €59,142 | +€6,992 | +13.4% |
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.