C.H.V. STEMBERT SA: 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.
C.H.V. STEMBERT SA
Largest movements
- Tangible fixed assets -€133,248
down €133,248 (-3.5%), from €3.8m to €3.7m
- Debts after one year -€112,339
down €112,339 (-2.9%), from €3.9m to €3.8m
of which Financial debts: -€102,673
- Turnover +€7,370
up €7,370 (+2.7%), from €270,620 to €277,990
- Financial charges -€6,299
down €6,299 (-4.3%), from €146,667 to €140,368
- Services and other goods +€3,009
up €3,009 (+85.4%), from €3,524 to €6,533
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 | €3,990,968 | €3,870,168 | -€120,800 | -3.0% |
| Fixed assets | 21/28 | €3,802,098 | €3,668,850 | -€133,248 | -3.5% |
| Tangible fixed assets | 22/27 | €3,802,098 | €3,668,850 | -€133,248 | -3.5% |
| Land and buildings | 22 | €3,802,098 | €3,668,850 | -€133,248 | -3.5% |
| Current assets | 29/58 | €188,870 | €201,318 | +€12,448 | +6.6% |
| Cash at bank and in hand | 54/58 | €142,388 | €177,648 | +€35,260 | +24.8% |
| Deferred charges and accrued income | 490/1 | €46,482 | €23,670 | -€22,812 | -49.1% |
| Total equity and liabilities | 10/49 | €3,990,968 | €3,870,168 | -€120,800 | -3.0% |
| Equity | 10/15 | -€171,798 | -€173,957 | -€2,160 | -1.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,298 | -€235,457 | -€2,160 | -0.9% |
| Amounts payable | 17/49 | €4,162,766 | €4,044,126 | -€118,640 | -2.9% |
| Amounts payable after more than one year | 17 | €3,921,147 | €3,808,808 | -€112,339 | -2.9% |
| Financial debts | 170/4 | €1,505,147 | €1,402,475 | -€102,673 | -6.8% |
| Credit institutions | 173 | €1,505,147 | €1,402,475 | -€102,673 | -6.8% |
| Other amounts payable | 178/9 | €2,416,000 | €2,406,333 | -€9,667 | -0.4% |
| Amounts payable within one year | 42/48 | €140,277 | €124,912 | -€15,365 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €140,277 | €124,912 | -€15,365 | -11.0% |
| Accrued charges and deferred income | 492/3 | €101,342 | €110,406 | +€9,064 | +8.9% |
| Operating income | 70/76A | €270,620 | €277,990 | +€7,370 | +2.7% |
| Turnover | 70 | €270,620 | €277,990 | +€7,370 | +2.7% |
| Operating charges | 60/66A | €136,773 | €139,782 | +€3,009 | +2.2% |
| Services and other goods | 61 | €3,524 | €6,533 | +€3,009 | +85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,248 | €133,248 | = | 0.0% |
| Operating profit (loss) | 9901 | €133,847 | €138,208 | +€4,361 | +3.3% |
| Financial charges | 65/66B | €146,667 | €140,368 | -€6,299 | -4.3% |
| Recurring financial charges | 65 | €146,667 | €140,368 | -€6,299 | -4.3% |
| Debt charges | 650 | €145,649 | €139,661 | -€5,988 | -4.1% |
| Other financial charges | 652/9 | €1,018 | €707 | -€311 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,820 | -€2,160 | +€10,660 | +83.2% |
| Profit (loss) for the period | 9904 | -€12,820 | -€2,160 | +€10,660 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,820 | -€2,160 | +€10,660 | +83.2% |
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 19 October 2026 via checked.be.