IMMO STALLE 2000: 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.
What changed
IMMO STALLE 2000
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€71,852
2024 · €2,875+€68,977
Equity
€691,541
2024 · €619,689+€71,852
Cash
€35,518
2024 · €41,425-€5,907
Balance sheet total
€1.8m
2024 · €1.7m+€106,747
Largest movements
Assets
- Tangible fixed assets +€111,242
up €111,242 (+6.8%), from €1.6m to €1.7m
of which Furniture and vehicles: +€69,804
Equity and liabilities
- Profit (loss) carried forward +€71,852
up €71,852 (+14.9%), from €483,289 to €555,141
- Debts after one year +€30,035
up €30,035 (+7.8%), from €387,183 to €417,219
Income statement
- Gross operating margin +€91,677
up €91,677 (+65.2%), from €140,573 to €232,250
- Taxes +€18,582
up €18,582 (+733%), from €2,535 to €21,117
- Depreciation +€7,147
up €7,147 (+8.0%), from €89,868 to €97,015
- Other operating charges -€4,355
down €4,355 (-10.7%), from €40,628 to €36,273
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.
Result 2024
€2,875
Gross operating margin
+€91,677
Depreciation
-€7,147
Other operating charges
+€4,355
Financial income
-€0
Financial charges
-€1,326
Taxes
-€18,582
Result 2025
€71,852
raises the resultlowers the result
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.
From operations
+€176,924
Investment
-€208,257
Financing
+€25,427
Cash 2024
€41,425
From operations (derived)
+€176,924
Net result for the year
+€71,852
Depreciation
+€97,015
Receivables within one year
+€1,000
Deferred charges and accrued income
-€2,412
Trade debts
-€4,040
Tax, wage and social debts
+€9,994
Advances received
-€1,863
Other debts
+€5,378
Investment (derived)
-€208,257
Investment in fixed assets (net)
-€208,257
Financing
+€25,427
Debts after one year
+€30,035
Short-term financial debts
-€4,609
Cash 2025
€35,518
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,676,085 | €1,782,832 | +€106,747 | +6.4% |
| Fixed assets | 21/28 | €1,628,195 | €1,739,437 | +€111,242 | +6.8% |
| Tangible fixed assets | 22/27 | €1,625,195 | €1,736,437 | +€111,242 | +6.8% |
| Land and buildings | 22 | €1,619,990 | €1,644,721 | +€24,731 | +1.5% |
| Plant, machinery and equipment | 23 | €5,205 | €21,912 | +€16,707 | +321% |
| Furniture and vehicles | 24 | - | €69,804 | +€69,804 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €47,890 | €43,395 | -€4,495 | -9.4% |
| Amounts receivable within one year | 40/41 | €6,465 | €5,465 | -€1,000 | -15.5% |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €5,465 | €5,465 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,425 | €35,518 | -€5,907 | -14.3% |
| Deferred charges and accrued income | 490/1 | - | €2,412 | +€2,412 | |
| Total equity and liabilities | 10/49 | €1,676,085 | €1,782,832 | +€106,747 | +6.4% |
| Equity | 10/15 | €619,689 | €691,541 | +€71,852 | +11.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €12,400 | €12,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €483,289 | €555,141 | +€71,852 | +14.9% |
| Amounts payable | 17/49 | €1,056,395 | €1,091,291 | +€34,896 | +3.3% |
| Amounts payable after more than one year | 17 | €387,183 | €417,219 | +€30,035 | +7.8% |
| Financial debts | 170/4 | €387,183 | €417,219 | +€30,035 | +7.8% |
| Amounts payable within one year | 42/48 | €669,212 | €674,072 | +€4,860 | +0.7% |
| Financial debts | 43 | €54,191 | €49,583 | -€4,609 | -8.5% |
| Credit institutions | 430/8 | €54,191 | €49,583 | -€4,609 | -8.5% |
| Trade debts | 44 | €19,420 | €15,379 | -€4,040 | -20.8% |
| Suppliers | 440/4 | €19,420 | €15,379 | -€4,040 | -20.8% |
| Advances received on contracts in progress | 46 | €58,928 | €57,065 | -€1,863 | -3.2% |
| Taxes, remuneration and social security | 45 | €1,123 | €11,117 | +€9,994 | +890% |
| Taxes | 450/3 | €1,123 | €11,117 | +€9,994 | +890% |
| Other amounts payable | 47/48 | €535,550 | €540,928 | +€5,378 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,868 | €97,015 | +€7,147 | +8.0% |
| Other operating charges | 640/8 | €40,628 | €36,273 | -€4,355 | -10.7% |
| Gross operating margin | 9900 | €140,573 | €232,250 | +€91,677 | +65.2% |
| Operating profit (loss) | 9901 | €10,077 | €98,962 | +€88,885 | +882% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,667 | €5,993 | +€1,326 | +28.4% |
| Recurring financial charges | 65 | €4,667 | €5,993 | +€1,326 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €5,410 | €92,969 | +€87,559 | +1,618% |
| Income taxes | 67/77 | €2,535 | €21,117 | +€18,582 | +733% |
| Profit (loss) for the period | 9904 | €2,875 | €71,852 | +€68,977 | +2,399% |
| Profit (loss) for the period to be appropriated | 9905 | €2,875 | €71,852 | +€68,977 | +2,399% |
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 18 October 2026 via checked.be.