STABET: 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.
STABET
Largest movements
- Receivables within one year +€17,399
up €17,399 (+8.6%), from €201,764 to €219,164
of which Trade receivables: +€9,829
- Other debts +€35,801
up €35,801 (+34.9%), from €102,446 to €138,247
- Tax, wage and social debts -€18,549
down €18,549 (-84.5%), from €21,944 to €3,395
of which Taxes: -€18,549
- Reserves -€5,454
down €5,454 (-2.8%), from €194,743 to €189,288
- Gross operating margin -€7,342
down €7,342 (-64.9%), from €11,305 to €3,963
- Financial charges +€1,946
up €1,946 (+26.9%), from €7,241 to €9,187
- Taxes -€974
down €974 (-100.0%), from €974 to €0
- Other operating charges -€382
down €382 (-57.5%), from €665 to €282
- Depreciation -€255
down €255 (-68.8%), from €371 to €116
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 | €326,102 | €340,844 | +€14,742 | +4.5% |
| Fixed assets | 21/28 | €278 | €162 | -€116 | -41.6% |
| Tangible fixed assets | 22/27 | €278 | €162 | -€116 | -41.6% |
| Furniture and vehicles | 24 | €278 | €162 | -€116 | -41.6% |
| Current assets | 29/58 | €325,824 | €340,682 | +€14,857 | +4.6% |
| Amounts receivable within one year | 40/41 | €201,764 | €219,164 | +€17,399 | +8.6% |
| Trade receivables | 40 | €201,764 | €211,593 | +€9,829 | +4.9% |
| Other amounts receivable | 41 | €0 | €7,571 | +€7,571 | |
| Cash at bank and in hand | 54/58 | €121,983 | €121,518 | -€465 | -0.4% |
| Deferred charges and accrued income | 490/1 | €2,077 | €0 | -€2,077 | -100.0% |
| Total equity and liabilities | 10/49 | €326,102 | €340,844 | +€14,742 | +4.5% |
| Equity | 10/15 | €200,943 | €195,488 | -€5,454 | -2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €194,743 | €189,288 | -€5,454 | -2.8% |
| Distributable reserves | 133 | €194,743 | €189,288 | -€5,454 | -2.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €125,159 | €145,356 | +€20,196 | +16.1% |
| Amounts payable within one year | 42/48 | €125,159 | €145,250 | +€20,090 | +16.1% |
| Trade debts | 44 | €770 | €3,608 | +€2,839 | +368.9% |
| Suppliers | 440/4 | €770 | €3,608 | +€2,839 | +368.9% |
| Taxes, remuneration and social security | 45 | €21,944 | €3,395 | -€18,549 | -84.5% |
| Taxes | 450/3 | €21,944 | €3,395 | -€18,549 | -84.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €102,446 | €138,247 | +€35,801 | +34.9% |
| Accrued charges and deferred income | 492/3 | - | €106 | +€106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €116 | -€255 | -68.8% |
| Other operating charges | 640/8 | €665 | €282 | -€382 | -57.5% |
| Gross operating margin | 9900 | €11,305 | €3,963 | -€7,342 | -64.9% |
| Operating profit (loss) | 9901 | €10,270 | €3,565 | -€6,705 | -65.3% |
| Financial income | 75/76B | €94 | €168 | +€73 | +77.7% |
| Recurring financial income | 75 | €94 | €168 | +€73 | +77.7% |
| Financial charges | 65/66B | €7,241 | €9,187 | +€1,946 | +26.9% |
| Recurring financial charges | 65 | €7,241 | €9,187 | +€1,946 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €3,124 | -€5,454 | -€8,578 | |
| Income taxes | 67/77 | €974 | €0 | -€974 | -100.0% |
| Profit (loss) for the period | 9904 | €2,149 | -€5,454 | -€7,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,149 | -€5,454 | -€7,604 |
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 2 October 2026 via checked.be.