STABE: 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.
STABE
Largest movements
- Cash +€187,150
up €187,150 (+44.8%), from €417,945 to €605,096
mainly Receivables within one year (+€162,735) and Tax, wage and social debts (+€63,673)
- Receivables within one year -€162,735
down €162,735 (-59.0%), from €275,876 to €113,141
of which Trade receivables: -€168,796
- Tangible fixed assets +€15,614
up €15,614 (+41.9%), from €37,235 to €52,849
of which Furniture and vehicles: +€14,323
- Tax, wage and social debts +€63,673
up €63,673 (+31.6%), from €201,206 to €264,879
of which Taxes: +€38,891
- Accrued charges and deferred income -€15,133
down €15,133 (-100.0%), from €15,133 to €0
- Trade debts -€8,133
down €8,133 (-9.2%), from €88,888 to €80,754
- Gross operating margin -€63,078
down €63,078 (-5.5%), from €1.2m to €1.1m
- Staff costs -€29,089
down €29,089 (-4.4%), from €662,600 to €633,511
- Other operating charges -€14,174
down €14,174 (-3.1%), from €450,408 to €436,234
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 | €734,667 | €782,866 | +€48,199 | +6.6% |
| Fixed assets | 21/28 | €37,235 | €52,849 | +€15,614 | +41.9% |
| Tangible fixed assets | 22/27 | €37,235 | €52,849 | +€15,614 | +41.9% |
| Land and buildings | 22 | €29,879 | €31,169 | +€1,291 | +4.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €7,357 | €21,680 | +€14,323 | +194.7% |
| Current assets | 29/58 | €697,432 | €730,017 | +€32,585 | +4.7% |
| Stocks and contracts in progress | 3 | €1,628 | €2,281 | +€653 | +40.1% |
| Stocks | 30/36 | €1,628 | €2,281 | +€653 | +40.1% |
| Amounts receivable within one year | 40/41 | €275,876 | €113,141 | -€162,735 | -59.0% |
| Trade receivables | 40 | €247,908 | €79,112 | -€168,796 | -68.1% |
| Other amounts receivable | 41 | €27,967 | €34,029 | +€6,061 | +21.7% |
| Cash at bank and in hand | 54/58 | €417,945 | €605,096 | +€187,150 | +44.8% |
| Deferred charges and accrued income | 490/1 | €1,983 | €9,499 | +€7,516 | +379.1% |
| Total equity and liabilities | 10/49 | €734,667 | €782,866 | +€48,199 | +6.6% |
| Equity | 10/15 | €429,440 | €437,232 | +€7,793 | +1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €291,325 | €291,325 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,125 | €35,125 | = | 0.0% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,115 | €83,907 | +€7,793 | +10.2% |
| Amounts payable | 17/49 | €305,227 | €345,633 | +€40,406 | +13.2% |
| Amounts payable within one year | 42/48 | €290,094 | €345,633 | +€55,539 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €88,888 | €80,754 | -€8,133 | -9.2% |
| Suppliers | 440/4 | €88,888 | €80,754 | -€8,133 | -9.2% |
| Taxes, remuneration and social security | 45 | €201,206 | €264,879 | +€63,673 | +31.6% |
| Taxes | 450/3 | €118,166 | €157,057 | +€38,891 | +32.9% |
| Remuneration and social security | 454/9 | €83,041 | €107,822 | +€24,781 | +29.8% |
| Accrued charges and deferred income | 492/3 | €15,133 | €0 | -€15,133 | -100.0% |
| Remuneration, social security and pensions | 62 | €662,600 | €633,511 | -€29,089 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,888 | €6,971 | -€2,917 | -29.5% |
| Other operating charges | 640/8 | €450,408 | €436,234 | -€14,174 | -3.1% |
| Gross operating margin | 9900 | €1,150,044 | €1,086,966 | -€63,078 | -5.5% |
| Operating profit (loss) | 9901 | €27,148 | €10,249 | -€16,899 | -62.2% |
| Financial income | 75/76B | €239,834 | €235,618 | -€4,216 | -1.8% |
| Recurring financial income | 75 | €239,834 | €235,618 | -€4,216 | -1.8% |
| Financial charges | 65/66B | €234,904 | €233,985 | -€919 | -0.4% |
| Recurring financial charges | 65 | €234,904 | €233,985 | -€919 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €32,078 | €11,882 | -€20,196 | -63.0% |
| Income taxes | 67/77 | €8,446 | €4,090 | -€4,356 | -51.6% |
| Profit (loss) for the period | 9904 | €23,633 | €7,793 | -€15,840 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,633 | €7,793 | -€15,840 | -67.0% |
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.