STABISUR: 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.
STABISUR
Largest movements
- Cash +€32,896
up €32,896 (+140.7%), from €23,376 to €56,272
mainly Net result for the year (+€49,212) and Tax, wage and social debts (+€9,425)
- Receivables within one year +€24,979
up €24,979 (+123.7%), from €20,190 to €45,169
of which Trade receivables: +€21,109
- Reserves +€49,212
up €49,212 (+126.3%), from €38,961 to €88,173
- Other debts -€10,762
no longer reported in 2025 (was €10,762)
- Tax, wage and social debts +€9,425
up €9,425 (+41.6%), from €22,681 to €32,106
of which Taxes: +€7,745
- Trade debts +€4,604
up €4,604 (+82.7%), from €5,570 to €10,174
- Debts after one year +€3,344
new in 2025: €3,344
- Gross operating margin +€54,425
up €54,425 (+156.7%), from €34,743 to €89,168
- Staff costs +€11,713
new in 2025: €11,713
- Taxes +€7,265
up €7,265 (+113.1%), from €6,422 to €13,687
- Depreciation +€1,803
up €1,803 (+24.7%), from €7,314 to €9,117
- Financial charges +€1,020
up €1,020 (+28.8%), from €3,542 to €4,562
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 | €83,203 | €141,620 | +€58,417 | +70.2% |
| Fixed assets | 21/28 | €37,399 | €38,472 | +€1,073 | +2.9% |
| Intangible fixed assets | 21 | €28,900 | €30,146 | +€1,246 | +4.3% |
| Tangible fixed assets | 22/27 | €8,499 | €7,358 | -€1,141 | -13.4% |
| Furniture and vehicles | 24 | €6,584 | €4,767 | -€1,817 | -27.6% |
| Other tangible fixed assets | 26 | €1,915 | €2,591 | +€676 | +35.3% |
| Financial fixed assets | 28 | - | €968 | +€968 | |
| Current assets | 29/58 | €45,804 | €103,148 | +€57,344 | +125.2% |
| Amounts receivable within one year | 40/41 | €20,190 | €45,169 | +€24,979 | +123.7% |
| Trade receivables | 40 | €20,190 | €41,299 | +€21,109 | +104.6% |
| Other amounts receivable | 41 | - | €3,870 | +€3,870 | |
| Cash at bank and in hand | 54/58 | €23,376 | €56,272 | +€32,896 | +140.7% |
| Deferred charges and accrued income | 490/1 | €2,238 | €1,707 | -€531 | -23.7% |
| Total equity and liabilities | 10/49 | €83,203 | €141,620 | +€58,417 | +70.2% |
| Equity | 10/15 | €43,961 | €93,173 | +€49,212 | +111.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,961 | €88,173 | +€49,212 | +126.3% |
| Distributable reserves | 133 | €38,961 | €88,173 | +€49,212 | +126.3% |
| Amounts payable | 17/49 | €39,242 | €48,447 | +€9,205 | +23.5% |
| Amounts payable after more than one year | 17 | - | €3,344 | +€3,344 | |
| Financial debts | 170/4 | - | €3,344 | +€3,344 | |
| Amounts payable within one year | 42/48 | €39,013 | €45,103 | +€6,090 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,823 | +€2,823 | |
| Trade debts | 44 | €5,570 | €10,174 | +€4,604 | +82.7% |
| Suppliers | 440/4 | €5,570 | €10,174 | +€4,604 | +82.7% |
| Taxes, remuneration and social security | 45 | €22,681 | €32,106 | +€9,425 | +41.6% |
| Taxes | 450/3 | €22,681 | €30,426 | +€7,745 | +34.1% |
| Remuneration and social security | 454/9 | - | €1,680 | +€1,680 | |
| Other amounts payable | 47/48 | €10,762 | - | -€10,762 | |
| Accrued charges and deferred income | 492/3 | €229 | - | -€229 | |
| Remuneration, social security and pensions | 62 | - | €11,713 | +€11,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,314 | €9,117 | +€1,803 | +24.7% |
| Other operating charges | 640/8 | €826 | €674 | -€152 | -18.4% |
| Non-recurring operating charges | 66A | €246 | €308 | +€62 | +25.2% |
| Gross operating margin | 9900 | €34,743 | €89,168 | +€54,425 | +156.7% |
| Operating profit (loss) | 9901 | €26,357 | €67,356 | +€40,999 | +155.6% |
| Financial income | 75/76B | - | €105 | +€105 | |
| Recurring financial income | 75 | - | €105 | +€105 | |
| Financial charges | 65/66B | €3,542 | €4,562 | +€1,020 | +28.8% |
| Recurring financial charges | 65 | €3,542 | €4,562 | +€1,020 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €22,815 | €62,899 | +€40,084 | +175.7% |
| Income taxes | 67/77 | €6,422 | €13,687 | +€7,265 | +113.1% |
| Profit (loss) for the period | 9904 | €16,393 | €49,212 | +€32,819 | +200.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,393 | €49,212 | +€32,819 | +200.2% |
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 6 October 2026 via checked.be.