Stabitec: 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
Stabitec
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€407,055
2024 · €360,613+€46,442
Equity
€1.1m
2024 · €1.3m-€157,400
Cash
€275,924
2024 · €476,877-€200,952
Balance sheet total
€2.0m
2024 · €1.8m+€157,018
Largest movements
Assets
- Current investments +€300,000
up €300,000 (+111.1%), from €270,000 to €570,000
- Cash -€200,952
down €200,952 (-42.1%), from €476,877 to €275,924
mainly Contributions, distributions and other (-€564,455) and Current investments (-€300,000)
Equity and liabilities
- Other debts +€422,345
up €422,345 (+297.2%), from €142,110 to €564,455
- Reserves -€157,400
down €157,400 (-13.5%), from €1.2m to €1.0m
of which Distributable reserves: -€157,400
- Current portion of long-term debt -€68,388
down €68,388 (-55.8%), from €122,505 to €54,117
- Debts after one year -€54,117
down €54,117 (-100.0%), from €54,117 to €0
Income statement
- Depreciation -€59,201
down €59,201 (-44.8%), from €132,273 to €73,072
- Gross operating margin -€29,754
down €29,754 (-1.7%), from €1.8m to €1.7m
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
€360,613
Gross operating margin
-€29,754
Staff costs
+€17,057
Depreciation
+€59,201
Other operating charges
-€3,028
Other operating items
-€1,631
Financial income
-€3,793
Financial charges
+€3,946
Taxes
+€4,445
Result 2025
€407,055
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
+€874,451
Investment
-€388,444
Financing
-€686,960
Cash 2024
€476,877
From operations (derived)
+€874,451
Net result for the year
+€407,055
Depreciation
+€73,072
Receivables after one year
-€15,419
Receivables within one year
-€14,709
Deferred charges and accrued income
-€12,470
Trade debts
+€16,012
Tax, wage and social debts
+€4,889
Other debts
+€422,345
Accrued charges and deferred income
-€6,325
Investment (derived)
-€388,444
Investment in fixed assets (net)
-€88,444
Current investments
-€300,000
Financing
-€686,960
Debts after one year
-€54,117
Current portion of long-term debt
-€68,388
Contributions, distributions and other
-€564,455
Cash 2025
€275,924
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,814,724 | €1,971,742 | +€157,018 | +8.7% |
| Fixed assets | 21/28 | €149,749 | €165,121 | +€15,372 | +10.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €143,619 | €158,991 | +€15,372 | +10.7% |
| Land and buildings | 22 | €2,486 | €2,099 | -€387 | -15.6% |
| Plant, machinery and equipment | 23 | €1,962 | €1,118 | -€844 | -43.0% |
| Furniture and vehicles | 24 | €128,773 | €147,071 | +€18,298 | +14.2% |
| Other tangible fixed assets | 26 | €10,399 | €8,704 | -€1,695 | -16.3% |
| Financial fixed assets | 28 | €6,130 | €6,130 | = | 0.0% |
| Current assets | 29/58 | €1,664,975 | €1,806,621 | +€141,646 | +8.5% |
| Amounts receivable after more than one year | 29 | €461,750 | €477,169 | +€15,419 | +3.3% |
| Other amounts receivable | 291 | €461,750 | €477,169 | +€15,419 | +3.3% |
| Amounts receivable within one year | 40/41 | €403,543 | €418,252 | +€14,709 | +3.6% |
| Trade receivables | 40 | €403,543 | €418,252 | +€14,709 | +3.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €270,000 | €570,000 | +€300,000 | +111.1% |
| Cash at bank and in hand | 54/58 | €476,877 | €275,924 | -€200,952 | -42.1% |
| Deferred charges and accrued income | 490/1 | €52,805 | €65,276 | +€12,470 | +23.6% |
| Total equity and liabilities | 10/49 | €1,814,724 | €1,971,742 | +€157,018 | +8.7% |
| Equity | 10/15 | €1,285,736 | €1,128,336 | -€157,400 | -12.2% |
| Contributions | 10/11 | €119,284 | €119,284 | = | 0.0% |
| Reserves | 13 | €1,166,452 | €1,009,052 | -€157,400 | -13.5% |
| Non-distributable reserves | 130/1 | €270,000 | €270,000 | = | 0.0% |
| Own shares acquired | 1312 | €270,000 | €270,000 | = | 0.0% |
| Distributable reserves | 133 | €896,452 | €739,052 | -€157,400 | -17.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €528,989 | €843,406 | +€314,418 | +59.4% |
| Amounts payable after more than one year | 17 | €54,117 | €0 | -€54,117 | -100.0% |
| Financial debts | 170/4 | €54,117 | €0 | -€54,117 | -100.0% |
| Amounts payable within one year | 42/48 | €464,941 | €839,801 | +€374,859 | +80.6% |
| Current portion of amounts payable after more than one year | 42 | €122,505 | €54,117 | -€68,388 | -55.8% |
| Trade debts | 44 | €48,790 | €64,803 | +€16,012 | +32.8% |
| Suppliers | 440/4 | €48,790 | €64,803 | +€16,012 | +32.8% |
| Taxes, remuneration and social security | 45 | €151,537 | €156,426 | +€4,889 | +3.2% |
| Taxes | 450/3 | €30,453 | €43,329 | +€12,875 | +42.3% |
| Remuneration and social security | 454/9 | €121,084 | €113,098 | -€7,986 | -6.6% |
| Other amounts payable | 47/48 | €142,110 | €564,455 | +€422,345 | +297.2% |
| Accrued charges and deferred income | 492/3 | €9,931 | €3,606 | -€6,325 | -63.7% |
| Non-recurring operating income | 76A | - | €4,500 | +€4,500 | |
| Remuneration, social security and pensions | 62 | €1,072,658 | €1,055,601 | -€17,057 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,273 | €73,072 | -€59,201 | -44.8% |
| Other operating charges | 640/8 | €4,952 | €7,981 | +€3,028 | +61.1% |
| Non-recurring operating charges | 66A | - | €1,631 | +€1,631 | |
| Gross operating margin | 9900 | €1,763,007 | €1,733,253 | -€29,754 | -1.7% |
| Operating profit (loss) | 9901 | €553,124 | €594,969 | +€41,845 | +7.6% |
| Financial income | 75/76B | €15,474 | €11,681 | -€3,793 | -24.5% |
| Recurring financial income | 75 | €15,474 | €11,681 | -€3,793 | -24.5% |
| Financial charges | 65/66B | €8,411 | €4,465 | -€3,946 | -46.9% |
| Recurring financial charges | 65 | €8,411 | €4,465 | -€3,946 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €560,187 | €602,185 | +€41,998 | +7.5% |
| Income taxes | 67/77 | €199,574 | €195,130 | -€4,445 | -2.2% |
| Profit (loss) for the period | 9904 | €360,613 | €407,055 | +€46,442 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €360,613 | €407,055 | +€46,442 | +12.9% |
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 4 October 2026 via checked.be.