Stabic Invest: 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.
Stabic Invest
Largest movements
- Cash +€122,754
up €122,754 (+488%), from €25,141 to €147,895
mainly Net result for the year (+€81,759) and Trade debts (+€77,443)
- Tangible fixed assets +€74,505
up €74,505 (+65.3%), from €114,155 to €188,660
of which Land and buildings: +€75,270
- Receivables within one year -€49,752
down €49,752 (-25.3%), from €196,407 to €146,655
of which Trade receivables: -€50,635
- Reserves +€81,759
up €81,759 (+28.2%), from €290,153 to €371,912
of which Distributable reserves: +€81,759
- Trade debts +€77,443
up €77,443 (+1,816%), from €4,264 to €81,707
- Other debts -€11,864
down €11,864 (-97.9%), from €12,123 to €260
- Gross operating margin +€69,391
up €69,391 (+176%), from €39,517 to €108,908
- Taxes +€11,922
up €11,922 (+169%), from €7,071 to €18,993
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 | €336,858 | €484,545 | +€147,687 | +43.8% |
| Fixed assets | 21/28 | €114,155 | €188,660 | +€74,505 | +65.3% |
| Tangible fixed assets | 22/27 | €114,155 | €188,660 | +€74,505 | +65.3% |
| Land and buildings | 22 | €111,523 | €186,794 | +€75,270 | +67.5% |
| Furniture and vehicles | 24 | €2,631 | €1,866 | -€765 | -29.1% |
| Current assets | 29/58 | €222,703 | €295,885 | +€73,182 | +32.9% |
| Amounts receivable within one year | 40/41 | €196,407 | €146,655 | -€49,752 | -25.3% |
| Trade receivables | 40 | €193,778 | €143,143 | -€50,635 | -26.1% |
| Other amounts receivable | 41 | €2,629 | €3,512 | +€883 | +33.6% |
| Cash at bank and in hand | 54/58 | €25,141 | €147,895 | +€122,754 | +488% |
| Deferred charges and accrued income | 490/1 | €1,155 | €1,335 | +€180 | +15.6% |
| Total equity and liabilities | 10/49 | €336,858 | €484,545 | +€147,687 | +43.8% |
| Equity | 10/15 | €308,753 | €390,512 | +€81,759 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,153 | €371,912 | +€81,759 | +28.2% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €271,403 | €353,162 | +€81,759 | +30.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,105 | €94,033 | +€65,928 | +235% |
| Amounts payable within one year | 42/48 | €26,105 | €93,662 | +€67,557 | +259% |
| Trade debts | 44 | €4,264 | €81,707 | +€77,443 | +1,816% |
| Suppliers | 440/4 | €4,264 | €81,707 | +€77,443 | +1,816% |
| Taxes, remuneration and social security | 45 | €9,718 | €11,695 | +€1,977 | +20.3% |
| Taxes | 450/3 | €9,718 | €10,660 | +€942 | +9.7% |
| Remuneration and social security | 454/9 | - | €1,035 | +€1,035 | |
| Other amounts payable | 47/48 | €12,123 | €260 | -€11,864 | -97.9% |
| Accrued charges and deferred income | 492/3 | €2,000 | €371 | -€1,629 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,879 | €6,984 | +€105 | +1.5% |
| Other operating charges | 640/8 | €1,646 | €646 | -€1,000 | -60.8% |
| Gross operating margin | 9900 | €39,517 | €108,908 | +€69,391 | +176% |
| Operating profit (loss) | 9901 | €30,992 | €101,278 | +€70,286 | +227% |
| Financial income | 75/76B | €230 | €0 | -€230 | -100% |
| Recurring financial income | 75 | €230 | €0 | -€230 | -100% |
| Financial charges | 65/66B | €209 | €526 | +€318 | +152% |
| Recurring financial charges | 65 | €209 | €526 | +€318 | +152% |
| Profit (loss) for the period before taxes | 9903 | €31,013 | €100,752 | +€69,739 | +225% |
| Income taxes | 67/77 | €7,071 | €18,993 | +€11,922 | +169% |
| Profit (loss) for the period | 9904 | €23,942 | €81,759 | +€57,817 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €23,942 | €81,759 | +€57,817 | +241% |
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 21 October 2026 via checked.be.