STABAU: what changed
What changed
STABAU
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€15,940
2024 · €34,243-€18,303
Equity
€65,768
2024 · €74,828-€9,060
Cash
€20,984
2024 · €21,174-€191
Balance sheet total
€129,989
2024 · €162,810-€32,822
Largest movements
Assets
- Tangible fixed assets -€23,652
down €23,652 (-19.0%), from €124,726 to €101,074
of which Furniture and vehicles: -€16,614
- Receivables within one year -€9,370
down €9,370 (-60.6%), from €15,451 to €6,080
of which Other amounts receivable: -€5,834
Equity and liabilities
- Debts after one year -€15,860
down €15,860 (-29.9%), from €53,091 to €37,231
- Profit (loss) carried forward -€9,060
down €9,060 (-16.7%), from €54,368 to €45,308
- Tax, wage and social debts -€6,281
down €6,281 (-46.0%), from €13,669 to €7,388
- Trade debts -€2,870
down €2,870 (-64.1%), from €4,476 to €1,607
Income statement
- Gross operating margin -€15,507
down €15,507 (-23.0%), from €67,324 to €51,817
- Depreciation +€9,165
up €9,165 (+63.3%), from €14,487 to €23,652
- Taxes -€6,679
down €6,679 (-43.6%), from €15,317 to €8,638
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,243
Gross operating margin
-€15,507
Depreciation
-€9,165
Other operating charges
+€192
Financial income
-€172
Financial charges
-€330
Taxes
+€6,679
Result 2025
€15,940
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,017
Investment
€0
Financing
-€40,208
Cash 2024
€21,174
From operations (derived)
+€40,017
Net result for the year
+€15,940
Depreciation
+€23,652
Receivables within one year
+€9,370
Deferred charges and accrued income
-€392
Trade debts
-€2,870
Tax, wage and social debts
-€6,281
Other debts
+€476
Accrued charges and deferred income
+€121
Financing
-€40,208
Debts after one year
-€15,860
Current portion of long-term debt
+€653
Contributions, distributions and other
-€25,000
Cash 2025
€20,984
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,810 | €129,989 | -€32,822 | -20.2% |
| Fixed assets | 21/28 | €124,976 | €101,324 | -€23,652 | -18.9% |
| Tangible fixed assets | 22/27 | €124,726 | €101,074 | -€23,652 | -19.0% |
| Land and buildings | 22 | €41,317 | €35,696 | -€5,621 | -13.6% |
| Plant, machinery and equipment | 23 | €4,209 | €2,792 | -€1,417 | -33.7% |
| Furniture and vehicles | 24 | €73,756 | €57,142 | -€16,614 | -22.5% |
| Other tangible fixed assets | 26 | €5,445 | €5,445 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €37,834 | €28,665 | -€9,169 | -24.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,451 | €6,080 | -€9,370 | -60.6% |
| Trade receivables | 40 | €9,616 | €6,080 | -€3,536 | -36.8% |
| Other amounts receivable | 41 | €5,834 | €0 | -€5,834 | -100% |
| Cash at bank and in hand | 54/58 | €21,174 | €20,984 | -€191 | -0.9% |
| Deferred charges and accrued income | 490/1 | €1,209 | €1,601 | +€392 | +32.4% |
| Total equity and liabilities | 10/49 | €162,810 | €129,989 | -€32,822 | -20.2% |
| Equity | 10/15 | €74,828 | €65,768 | -€9,060 | -12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,368 | €45,308 | -€9,060 | -16.7% |
| Amounts payable | 17/49 | €87,983 | €64,221 | -€23,762 | -27.0% |
| Amounts payable after more than one year | 17 | €53,091 | €37,231 | -€15,860 | -29.9% |
| Financial debts | 170/4 | €53,091 | €37,231 | -€15,860 | -29.9% |
| Amounts payable within one year | 42/48 | €34,891 | €26,869 | -€8,022 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €16,005 | €16,657 | +€653 | +4.1% |
| Trade debts | 44 | €4,476 | €1,607 | -€2,870 | -64.1% |
| Suppliers | 440/4 | €4,476 | €1,607 | -€2,870 | -64.1% |
| Taxes, remuneration and social security | 45 | €13,669 | €7,388 | -€6,281 | -46.0% |
| Taxes | 450/3 | €13,669 | €7,388 | -€6,281 | -46.0% |
| Other amounts payable | 47/48 | €742 | €1,218 | +€476 | +64.2% |
| Accrued charges and deferred income | 492/3 | - | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,487 | €23,652 | +€9,165 | +63.3% |
| Other operating charges | 640/8 | €1,347 | €1,156 | -€192 | -14.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €67,324 | €51,817 | -€15,507 | -23.0% |
| Operating profit (loss) | 9901 | €51,489 | €27,009 | -€24,480 | -47.5% |
| Financial income | 75/76B | €282 | €110 | -€172 | -61.0% |
| Recurring financial income | 75 | €282 | €110 | -€172 | -61.0% |
| Financial charges | 65/66B | €2,211 | €2,541 | +€330 | +14.9% |
| Recurring financial charges | 65 | €2,211 | €2,541 | +€330 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €49,561 | €24,579 | -€24,982 | -50.4% |
| Income taxes | 67/77 | €15,317 | €8,638 | -€6,679 | -43.6% |
| Profit (loss) for the period | 9904 | €34,243 | €15,940 | -€18,303 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,243 | €15,940 | -€18,303 | -53.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.