STABIREM HOLDING: what changed
STABIREM HOLDING
Largest movements
- Tangible fixed assets -€19,031
down €19,031 (-4.9%), from €387,216 to €368,185
of which Land and buildings: -€17,689
- Cash -€6,974
down €6,974 (-14.6%), from €47,755 to €40,781
mainly Current portion of long-term debt (-€46,812) and Debts after one year (-€21,844)
- Current portion of long-term debt -€46,812
down €46,812 (-68.2%), from €68,656 to €21,844
- Reserves +€32,756
up €32,756 (+47.7%), from €68,694 to €101,449
of which Distributable reserves: +€32,756
- Debts after one year -€21,844
down €21,844 (-36.2%), from €60,412 to €38,568
- Tax, wage and social debts +€6,996
up €6,996 (+29.5%), from €23,735 to €30,730
- Other debts +€5,011
up €5,011 (+5.7%), from €87,443 to €92,454
- Gross operating margin +€2,780
up €2,780 (+3.5%), from €78,536 to €81,316
- Financial charges -€2,761
down €2,761 (-40.0%), from €6,909 to €4,148
- Taxes +€1,617
up €1,617 (+11.1%), from €14,629 to €16,246
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €435,820 | €410,971 | -€24,848 | -5.7% |
| Fixed assets | 21/28 | €387,216 | €368,185 | -€19,031 | -4.9% |
| Tangible fixed assets | 22/27 | €387,216 | €368,185 | -€19,031 | -4.9% |
| Land and buildings | 22 | €385,426 | €367,738 | -€17,689 | -4.6% |
| Plant, machinery and equipment | 23 | €731 | €0 | -€731 | -100% |
| Assets under construction and advance payments | 27 | €1,058 | €448 | -€611 | -57.7% |
| Current assets | 29/58 | €48,604 | €42,786 | -€5,817 | -12.0% |
| Amounts receivable within one year | 40/41 | €849 | €2,005 | +€1,156 | +136% |
| Trade receivables | 40 | €849 | €2,005 | +€1,156 | +136% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,755 | €40,781 | -€6,974 | -14.6% |
| Total equity and liabilities | 10/49 | €435,820 | €410,971 | -€24,848 | -5.7% |
| Equity | 10/15 | €192,963 | €225,719 | +€32,756 | +17.0% |
| Contributions | 10/11 | €17,426 | €17,426 | = | 0.0% |
| Reserves | 13 | €68,694 | €101,449 | +€32,756 | +47.7% |
| Non-distributable reserves | 130/1 | €1,743 | €1,743 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,743 | €1,743 | = | 0.0% |
| Distributable reserves | 133 | €66,951 | €99,707 | +€32,756 | +48.9% |
| Profit (loss) carried forward | 14 | €106,843 | €106,843 | = | 0.0% |
| Amounts payable | 17/49 | €242,856 | €185,252 | -€57,604 | -23.7% |
| Amounts payable after more than one year | 17 | €60,412 | €38,568 | -€21,844 | -36.2% |
| Financial debts | 170/4 | €60,412 | €38,568 | -€21,844 | -36.2% |
| Amounts payable within one year | 42/48 | €181,694 | €146,685 | -€35,010 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €68,656 | €21,844 | -€46,812 | -68.2% |
| Trade debts | 44 | €1,860 | €1,656 | -€204 | -11.0% |
| Suppliers | 440/4 | €1,860 | €1,656 | -€204 | -11.0% |
| Taxes, remuneration and social security | 45 | €23,735 | €30,730 | +€6,996 | +29.5% |
| Taxes | 450/3 | €23,735 | €30,730 | +€6,996 | +29.5% |
| Other amounts payable | 47/48 | €87,443 | €92,454 | +€5,011 | +5.7% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,630 | €19,031 | -€599 | -3.1% |
| Other operating charges | 640/8 | €8,809 | €9,136 | +€326 | +3.7% |
| Gross operating margin | 9900 | €78,536 | €81,316 | +€2,780 | +3.5% |
| Operating profit (loss) | 9901 | €50,097 | €53,149 | +€3,053 | +6.1% |
| Financial income | 75/76B | €80 | €0 | -€80 | -100% |
| Recurring financial income | 75 | €80 | €0 | -€80 | -100% |
| Financial charges | 65/66B | €6,909 | €4,148 | -€2,761 | -40.0% |
| Recurring financial charges | 65 | €6,909 | €4,148 | -€2,761 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €43,267 | €49,002 | +€5,734 | +13.3% |
| Income taxes | 67/77 | €14,629 | €16,246 | +€1,617 | +11.1% |
| Profit (loss) for the period | 9904 | €28,638 | €32,756 | +€4,117 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,638 | €32,756 | +€4,117 | +14.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.