stabimi: 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.
stabimi
Largest movements
- Tangible fixed assets +€514,269
up €514,269 (+137.0%), from €375,412 to €889,681
of which Land and buildings: +€518,936
- Cash -€414,128
down €414,128 (-81.4%), from €508,504 to €94,376
mainly Investment in fixed assets (net) (-€581,327) and Receivables within one year (-€91,010)
- Receivables within one year +€91,010
up €91,010 (+124.2%), from €73,290 to €164,300
of which Trade receivables: +€68,275
- Stocks and contracts +€38,807
up €38,807 (+267.6%), from €14,500 to €53,307
- Intangible fixed assets -€14,563
down €14,563 (-23.7%), from €61,478 to €46,915
- Trade debts +€72,752
up €72,752 (+306.3%), from €23,755 to €96,507
- Tax, wage and social debts +€47,912
up €47,912 (+167.1%), from €28,679 to €76,590
of which Taxes: +€29,150
- Debts after one year +€44,211
up €44,211 (+10.6%), from €415,513 to €459,724
- Current portion of long-term debt +€25,601
up €25,601 (+137.5%), from €18,624 to €44,225
- Reserves +€22,653
up €22,653 (+4.3%), from €523,791 to €546,444
- Gross operating margin -€21,057
down €21,057 (-5.6%), from €376,402 to €355,345
- Staff costs +€21,017
up €21,017 (+10.1%), from €208,016 to €229,033
- Taxes -€16,246
down €16,246 (-60.3%), from €26,923 to €10,677
- Depreciation +€14,524
up €14,524 (+21.6%), from €67,096 to €81,620
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 | €1,047,812 | €1,262,359 | +€214,547 | +20.5% |
| Fixed assets | 21/28 | €436,890 | €936,596 | +€499,706 | +114.4% |
| Intangible fixed assets | 21 | €61,478 | €46,915 | -€14,563 | -23.7% |
| Tangible fixed assets | 22/27 | €375,412 | €889,681 | +€514,269 | +137.0% |
| Land and buildings | 22 | €291,093 | €810,029 | +€518,936 | +178.3% |
| Plant, machinery and equipment | 23 | €4 | - | -€4 | |
| Furniture and vehicles | 24 | €84,315 | €79,652 | -€4,663 | -5.5% |
| Current assets | 29/58 | €610,922 | €325,763 | -€285,159 | -46.7% |
| Stocks and contracts in progress | 3 | €14,500 | €53,307 | +€38,807 | +267.6% |
| Contracts in progress | 37 | €14,500 | €53,307 | +€38,807 | +267.6% |
| Amounts receivable within one year | 40/41 | €73,290 | €164,300 | +€91,010 | +124.2% |
| Trade receivables | 40 | €61,170 | €129,446 | +€68,275 | +111.6% |
| Other amounts receivable | 41 | €12,120 | €34,854 | +€22,734 | +187.6% |
| Cash at bank and in hand | 54/58 | €508,504 | €94,376 | -€414,128 | -81.4% |
| Deferred charges and accrued income | 490/1 | €14,628 | €13,781 | -€848 | -5.8% |
| Total equity and liabilities | 10/49 | €1,047,812 | €1,262,359 | +€214,547 | +20.5% |
| Equity | 10/15 | €533,791 | €556,444 | +€22,653 | +4.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €523,791 | €546,444 | +€22,653 | +4.3% |
| Distributable reserves | 133 | €523,791 | €546,444 | +€22,653 | +4.3% |
| Amounts payable | 17/49 | €514,021 | €705,915 | +€191,895 | +37.3% |
| Amounts payable after more than one year | 17 | €415,513 | €459,724 | +€44,211 | +10.6% |
| Financial debts | 170/4 | €415,513 | €459,724 | +€44,211 | +10.6% |
| Amounts payable within one year | 42/48 | €98,508 | €246,191 | +€147,683 | +149.9% |
| Current portion of amounts payable after more than one year | 42 | €18,624 | €44,225 | +€25,601 | +137.5% |
| Trade debts | 44 | €23,755 | €96,507 | +€72,752 | +306.3% |
| Suppliers | 440/4 | €23,755 | €96,507 | +€72,752 | +306.3% |
| Taxes, remuneration and social security | 45 | €28,679 | €76,590 | +€47,912 | +167.1% |
| Taxes | 450/3 | €1,770 | €30,919 | +€29,150 | +1647.0% |
| Remuneration and social security | 454/9 | €26,909 | €45,671 | +€18,762 | +69.7% |
| Other amounts payable | 47/48 | €27,450 | €28,869 | +€1,419 | +5.2% |
| Remuneration, social security and pensions | 62 | €208,016 | €229,033 | +€21,017 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,096 | €81,620 | +€14,524 | +21.6% |
| Other operating charges | 640/8 | €4,026 | €1,814 | -€2,212 | -55.0% |
| Gross operating margin | 9900 | €376,402 | €355,345 | -€21,057 | -5.6% |
| Operating profit (loss) | 9901 | €97,264 | €42,879 | -€54,386 | -55.9% |
| Financial income | 75/76B | €4,259 | €3,969 | -€290 | -6.8% |
| Recurring financial income | 75 | €4,259 | €3,969 | -€290 | -6.8% |
| Financial charges | 65/66B | €11,077 | €13,518 | +€2,442 | +22.0% |
| Recurring financial charges | 65 | €11,077 | €13,518 | +€2,442 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €90,447 | €33,330 | -€57,117 | -63.1% |
| Income taxes | 67/77 | €26,923 | €10,677 | -€16,246 | -60.3% |
| Profit (loss) for the period | 9904 | €63,524 | €22,653 | -€40,871 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,524 | €22,653 | -€40,871 | -64.3% |
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 8 October 2026 via checked.be.