STAB Immo: what changed
Two fiscal 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.
STAB Immo
Largest movements
- Tangible fixed assets -€13,272
down €13,272 (-3.8%), from €346,943 to €333,671
- Cash +€4,892
up €4,892 (+52.7%), from €9,291 to €14,183
mainly Net result for the year (+€38,696) and Depreciation (+€13,272)
- Profit (loss) carried forward +€38,696
up €38,696 (+25.9%), from -€149,466 to -€110,771
- Debts after one year -€26,745
down €26,745 (-6.2%), from €430,995 to €404,250
- Trade debts -€19,526
down €19,526 (-97.1%), from €20,117 to €591
- Gross operating margin +€22,338
up €22,338 (+50.4%), from €44,313 to €66,650
- Depreciation -€2,220
down €2,220 (-14.3%), from €15,491 to €13,272
- Other operating charges -€1,463
down €1,463 (-64.6%), from €2,265 to €801
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.
Cash bridge derived
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 | €361,067 | €353,285 | -€7,782 | -2.2% |
| Fixed assets | 21/28 | €346,943 | €333,671 | -€13,272 | -3.8% |
| Tangible fixed assets | 22/27 | €346,943 | €333,671 | -€13,272 | -3.8% |
| Land and buildings | 22 | €346,943 | €333,671 | -€13,272 | -3.8% |
| Current assets | 29/58 | €14,125 | €19,615 | +€5,490 | +38.9% |
| Amounts receivable within one year | 40/41 | €2,728 | €3,287 | +€559 | +20.5% |
| Trade receivables | 40 | €151 | €0 | -€151 | -100.0% |
| Other amounts receivable | 41 | €2,577 | €3,287 | +€709 | +27.5% |
| Cash at bank and in hand | 54/58 | €9,291 | €14,183 | +€4,892 | +52.7% |
| Deferred charges and accrued income | 490/1 | €2,105 | €2,144 | +€39 | +1.9% |
| Total equity and liabilities | 10/49 | €361,067 | €353,285 | -€7,782 | -2.2% |
| Equity | 10/15 | -€130,866 | -€92,171 | +€38,696 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,466 | -€110,771 | +€38,696 | +25.9% |
| Amounts payable | 17/49 | €491,934 | €445,456 | -€46,478 | -9.4% |
| Amounts payable after more than one year | 17 | €430,995 | €404,250 | -€26,745 | -6.2% |
| Financial debts | 170/4 | €430,995 | €404,250 | -€26,745 | -6.2% |
| Amounts payable within one year | 42/48 | €50,813 | €31,062 | -€19,750 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €25,934 | €26,745 | +€811 | +3.1% |
| Trade debts | 44 | €20,117 | €591 | -€19,526 | -97.1% |
| Suppliers | 440/4 | €20,117 | €591 | -€19,526 | -97.1% |
| Advances received on contracts in progress | 46 | €567 | €0 | -€567 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €5 | +€5 | |
| Taxes | 450/3 | - | €5 | +€5 | |
| Other amounts payable | 47/48 | €4,195 | €3,722 | -€472 | -11.3% |
| Accrued charges and deferred income | 492/3 | €10,125 | €10,143 | +€18 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,491 | €13,272 | -€2,220 | -14.3% |
| Other operating charges | 640/8 | €2,265 | €801 | -€1,463 | -64.6% |
| Gross operating margin | 9900 | €44,313 | €66,650 | +€22,338 | +50.4% |
| Operating profit (loss) | 9901 | €26,556 | €52,577 | +€26,021 | +98.0% |
| Financial income | 75/76B | €208 | €39 | -€169 | -81.2% |
| Recurring financial income | 75 | €208 | €39 | -€169 | -81.2% |
| Financial charges | 65/66B | €14,105 | €13,920 | -€184 | -1.3% |
| Recurring financial charges | 65 | €14,105 | €13,920 | -€184 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €12,660 | €38,696 | +€26,036 | +205.7% |
| Profit (loss) for the period | 9904 | €12,660 | €38,696 | +€26,036 | +205.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,660 | €38,696 | +€26,036 | +205.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.