STABIEL: 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.
STABIEL
Largest movements
- Cash +€337,225
up €337,225 (+1152.0%), from €29,274 to €366,499
mainly Stocks and contracts (+€284,525) and Net result for the year (+€65,094)
- Stocks and contracts -€284,525
no longer reported in 2025 (was €284,525)
- Receivables within one year -€12,000
no longer reported in 2025 (was €12,000)
- Reserves +€65,094
up €65,094 (+94.3%), from €69,063 to €134,157
- Other debts -€23,578
down €23,578 (-56.0%), from €42,108 to €18,531
- Gross operating margin +€107,639
up €107,639, from -€10,481 to €97,158
- Taxes +€20,049
new in 2025: €20,049
- Financial charges -€1,297
down €1,297 (-11.5%), from €11,264 to €9,967
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 | €327,676 | €367,605 | +€39,928 | +12.2% |
| Fixed assets | 21/28 | €1,811 | €1,019 | -€792 | -43.7% |
| Tangible fixed assets | 22/27 | €1,811 | €1,019 | -€792 | -43.7% |
| Plant, machinery and equipment | 23 | €474 | €221 | -€253 | -53.3% |
| Furniture and vehicles | 24 | €1,337 | €798 | -€540 | -40.4% |
| Current assets | 29/58 | €325,865 | €366,585 | +€40,721 | +12.5% |
| Stocks and contracts in progress | 3 | €284,525 | - | -€284,525 | |
| Stocks | 30/36 | €284,525 | - | -€284,525 | |
| Amounts receivable within one year | 40/41 | €12,000 | - | -€12,000 | |
| Other amounts receivable | 41 | €12,000 | - | -€12,000 | |
| Cash at bank and in hand | 54/58 | €29,274 | €366,499 | +€337,225 | +1152.0% |
| Deferred charges and accrued income | 490/1 | €66 | €87 | +€21 | +31.8% |
| Total equity and liabilities | 10/49 | €327,676 | €367,605 | +€39,928 | +12.2% |
| Equity | 10/15 | €131,348 | €196,441 | +€65,094 | +49.6% |
| Contributions | 10/11 | €39,368 | €39,368 | = | 0.0% |
| Reserves | 13 | €69,063 | €134,157 | +€65,094 | +94.3% |
| Distributable reserves | 133 | €69,063 | €134,157 | +€65,094 | +94.3% |
| Profit (loss) carried forward | 14 | €22,916 | €22,916 | = | 0.0% |
| Amounts payable | 17/49 | €196,329 | €171,163 | -€25,165 | -12.8% |
| Amounts payable after more than one year | 17 | €138,000 | €138,000 | = | 0.0% |
| Financial debts | 170/4 | €138,000 | €138,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,261 | €23,393 | -€23,868 | -50.5% |
| Financial debts | 43 | €1,898 | €341 | -€1,557 | -82.0% |
| Credit institutions | 430/8 | €1,898 | €341 | -€1,557 | -82.0% |
| Trade debts | 44 | €3,255 | €1,473 | -€1,782 | -54.8% |
| Suppliers | 440/4 | €3,255 | €1,473 | -€1,782 | -54.8% |
| Taxes, remuneration and social security | 45 | - | €3,049 | +€3,049 | |
| Taxes | 450/3 | - | €3,049 | +€3,049 | |
| Other amounts payable | 47/48 | €42,108 | €18,531 | -€23,578 | -56.0% |
| Accrued charges and deferred income | 492/3 | €11,068 | €9,770 | -€1,297 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €792 | +€258 | +48.3% |
| Other operating charges | 640/8 | €1,106 | €1,260 | +€154 | +13.9% |
| Gross operating margin | 9900 | -€10,481 | €97,158 | +€107,639 | |
| Operating profit (loss) | 9901 | -€12,121 | €95,106 | +€107,227 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +15000.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +15000.0% |
| Financial charges | 65/66B | €11,264 | €9,967 | -€1,297 | -11.5% |
| Recurring financial charges | 65 | €11,264 | €9,967 | -€1,297 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,385 | €85,142 | +€108,527 | |
| Income taxes | 67/77 | - | €20,049 | +€20,049 | |
| Profit (loss) for the period | 9904 | -€23,385 | €65,094 | +€88,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,385 | €65,094 | +€88,478 |
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 1 October 2026 via checked.be.