STABILOGICS: 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.
What changed
STABILOGICS
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176,601
2024 · €280,193-€103,591
Equity
€638,678
2024 · €637,374+€1,305
Cash
€421,435
2024 · €425,188-€3,753
Balance sheet total
€2.0m
2024 · €2.0m-€91,690
Largest movements
Assets
- Receivables within one year -€247,208
down €247,208 (-30.0%), from €823,136 to €575,927
of which Trade receivables: -€245,211
- Current investments +€133,350
new in 2025: €133,350
- Intangible fixed assets +€40,522
up €40,522 (+311.7%), from €13,000 to €53,522
Equity and liabilities
- Trade debts -€183,878
down €183,878 (-57.0%), from €322,626 to €138,747
- Provisions +€133,350
new in 2025: €133,350
- Tax, wage and social debts -€91,467
down €91,467 (-35.5%), from €257,364 to €165,898
of which Taxes: -€48,743
- Other debts +€68,228
up €68,228 (+18.0%), from €379,642 to €447,871
Income statement
- Provisions +€153,350
up €153,350, from -€20,000 to €133,350
- Gross operating margin -€119,890
down €119,890 (-8.8%), from €1.4m to €1.2m
- Staff costs -€85,890
down €85,890 (-10.8%), from €793,823 to €707,934
- Taxes -€46,569
down €46,569 (-48.2%), from €96,531 to €49,961
- Write-downs -€40,390
down €40,390 (-100.0%), from €40,390 to €0
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.
Result 2024
€280,193
Gross operating margin
-€119,890
Staff costs
+€85,890
Depreciation
+€184
Write-downs
+€40,390
Provisions
-€153,350
Other operating charges
-€1,749
Other operating items
-€1,350
Financial income
+€1,088
Financial charges
-€1,373
Taxes
+€46,569
Result 2025
€176,601
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.
From operations
+€490,144
Investment
-€299,373
Financing
-€194,525
Cash 2024
€425,188
From operations (derived)
+€490,144
Net result for the year
+€176,601
Depreciation
+€132,739
Receivables within one year
+€247,208
Deferred charges and accrued income
+€7,362
Provisions
+€133,350
Trade debts
-€183,878
Tax, wage and social debts
-€91,467
Other debts
+€68,228
Investment (derived)
-€299,373
Investment in fixed assets (net)
-€166,023
Current investments
-€133,350
Financing
-€194,525
Debts after one year
-€18,622
Current portion of long-term debt
-€606
Contributions, distributions and other
-€175,297
Cash 2025
€421,435
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,049,608 | €1,957,917 | -€91,690 | -4.5% |
| Fixed assets | 21/28 | €772,956 | €806,240 | +€33,284 | +4.3% |
| Intangible fixed assets | 21 | €13,000 | €53,522 | +€40,522 | +311.7% |
| Tangible fixed assets | 22/27 | €759,757 | €752,519 | -€7,238 | -1.0% |
| Land and buildings | 22 | €639 | €0 | -€639 | -100.0% |
| Plant, machinery and equipment | 23 | €56,455 | €47,980 | -€8,476 | -15.0% |
| Furniture and vehicles | 24 | €66,230 | €118,519 | +€52,289 | +78.9% |
| Other tangible fixed assets | 26 | €636,431 | €586,020 | -€50,412 | -7.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,276,651 | €1,151,677 | -€124,974 | -9.8% |
| Amounts receivable within one year | 40/41 | €823,136 | €575,927 | -€247,208 | -30.0% |
| Trade receivables | 40 | €768,385 | €523,173 | -€245,211 | -31.9% |
| Other amounts receivable | 41 | €54,751 | €52,754 | -€1,997 | -3.6% |
| Current investments | 50/53 | - | €133,350 | +€133,350 | |
| Cash at bank and in hand | 54/58 | €425,188 | €421,435 | -€3,753 | -0.9% |
| Deferred charges and accrued income | 490/1 | €28,327 | €20,965 | -€7,362 | -26.0% |
| Total equity and liabilities | 10/49 | €2,049,608 | €1,957,917 | -€91,690 | -4.5% |
| Equity | 10/15 | €637,374 | €638,678 | +€1,305 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €593,082 | €594,387 | +€1,305 | +0.2% |
| Distributable reserves | 133 | €593,082 | €594,387 | +€1,305 | +0.2% |
| Profit (loss) carried forward | 14 | €38,092 | €38,092 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €133,350 | +€133,350 | |
| Provisions for liabilities and charges | 160/5 | - | €133,350 | +€133,350 | |
| Other liabilities and charges | 164/5 | - | €133,350 | +€133,350 | |
| Amounts payable | 17/49 | €1,412,234 | €1,185,889 | -€226,345 | -16.0% |
| Amounts payable after more than one year | 17 | €355,501 | €336,878 | -€18,622 | -5.2% |
| Financial debts | 170/4 | €355,501 | €336,878 | -€18,622 | -5.2% |
| Amounts payable within one year | 42/48 | €1,056,733 | €849,011 | -€207,723 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €97,101 | €96,495 | -€606 | -0.6% |
| Trade debts | 44 | €322,626 | €138,747 | -€183,878 | -57.0% |
| Suppliers | 440/4 | €322,626 | €138,747 | -€183,878 | -57.0% |
| Taxes, remuneration and social security | 45 | €257,364 | €165,898 | -€91,467 | -35.5% |
| Taxes | 450/3 | €139,742 | €90,999 | -€48,743 | -34.9% |
| Remuneration and social security | 454/9 | €117,622 | €74,899 | -€42,723 | -36.3% |
| Other amounts payable | 47/48 | €379,642 | €447,871 | +€68,228 | +18.0% |
| Remuneration, social security and pensions | 62 | €793,823 | €707,934 | -€85,890 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,923 | €132,739 | -€184 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,390 | €0 | -€40,390 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€20,000 | €133,350 | +€153,350 | |
| Other operating charges | 640/8 | €4,221 | €5,970 | +€1,749 | +41.4% |
| Non-recurring operating charges | 66A | - | €1,350 | +€1,350 | |
| Gross operating margin | 9900 | €1,360,904 | €1,241,014 | -€119,890 | -8.8% |
| Operating profit (loss) | 9901 | €409,547 | €259,671 | -€149,876 | -36.6% |
| Financial income | 75/76B | €853 | €1,942 | +€1,088 | +127.5% |
| Recurring financial income | 75 | €853 | €1,942 | +€1,088 | +127.5% |
| Financial charges | 65/66B | €33,677 | €35,050 | +€1,373 | +4.1% |
| Recurring financial charges | 65 | €17,729 | €35,050 | +€17,321 | +97.7% |
| Non-recurring financial charges | 66B | €15,948 | €0 | -€15,948 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €376,723 | €226,563 | -€150,161 | -39.9% |
| Income taxes | 67/77 | €96,531 | €49,961 | -€46,569 | -48.2% |
| Profit (loss) for the period | 9904 | €280,193 | €176,601 | -€103,591 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €280,193 | €176,601 | -€103,591 | -37.0% |
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 3 October 2026 via checked.be.