IMMO STENA: 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.
IMMO STENA
Largest movements
- Tangible fixed assets -€20,650
down €20,650 (-15.1%), from €136,457 to €115,808
- Debts after one year -€29,510
down €29,510 (-24.4%), from €120,848 to €91,338
- Reserves +€6,342
up €6,342 (+41.5%), from €15,269 to €21,611
- Gross operating margin +€2,381
up €2,381 (+6.4%), from €36,989 to €39,370
- Financial charges -€1,280
down €1,280 (-16.7%), from €7,661 to €6,381
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 | €184,664 | €162,927 | -€21,737 | -11.8% |
| Fixed assets | 21/28 | €136,457 | €115,808 | -€20,650 | -15.1% |
| Tangible fixed assets | 22/27 | €136,457 | €115,808 | -€20,650 | -15.1% |
| Land and buildings | 22 | €136,457 | €115,808 | -€20,650 | -15.1% |
| Current assets | 29/58 | €48,207 | €47,119 | -€1,087 | -2.3% |
| Amounts receivable within one year | 40/41 | €9,485 | €9,485 | = | 0.0% |
| Other amounts receivable | 41 | €9,485 | €9,485 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,722 | €37,634 | -€1,087 | -2.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €184,664 | €162,927 | -€21,737 | -11.8% |
| Equity | 10/15 | €35,269 | €41,611 | +€6,342 | +18.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,269 | €21,611 | +€6,342 | +41.5% |
| Distributable reserves | 133 | €15,269 | €21,611 | +€6,342 | +41.5% |
| Amounts payable | 17/49 | €149,395 | €121,316 | -€28,079 | -18.8% |
| Amounts payable after more than one year | 17 | €120,848 | €91,338 | -€29,510 | -24.4% |
| Financial debts | 170/4 | €120,848 | €91,338 | -€29,510 | -24.4% |
| Amounts payable within one year | 42/48 | €28,547 | €29,978 | +€1,431 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €28,187 | €29,510 | +€1,322 | +4.7% |
| Trade debts | 44 | €360 | €468 | +€108 | +30.1% |
| Suppliers | 440/4 | €360 | €468 | +€108 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,650 | €20,650 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,369 | €5,997 | -€372 | -5.8% |
| Gross operating margin | 9900 | €36,989 | €39,370 | +€2,381 | +6.4% |
| Operating profit (loss) | 9901 | €9,970 | €12,723 | +€2,753 | +27.6% |
| Financial charges | 65/66B | €7,661 | €6,381 | -€1,280 | -16.7% |
| Recurring financial charges | 65 | €7,661 | €6,381 | -€1,280 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €2,309 | €6,342 | +€4,033 | +175% |
| Profit (loss) for the period | 9904 | €2,309 | €6,342 | +€4,033 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €2,309 | €6,342 | +€4,033 | +175% |
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.