Stac Management: what changed
Two financial 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.
Stac Management
Largest movements
- Cash +€14,076
up €14,076 (+45.7%), from €30,827 to €44,903
mainly Net result for the year (+€53,795) and Tax, wage and social debts (+€2,336)
- Profit (loss) carried forward +€53,795
up €53,795 (+96.6%), from -€55,664 to -€1,869
- Other debts -€43,697
down €43,697 (-15.3%), from €285,602 to €241,905
- Gross operating margin +€18,419
up €18,419 (+36.9%), from €49,920 to €68,339
- Taxes +€12,960
new in 2026: €12,960
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,791 | €347,226 | +€12,435 | +3.7% |
| Fixed assets | 21/28 | €303,040 | €301,960 | -€1,080 | -0.4% |
| Tangible fixed assets | 22/27 | €4,948 | €3,868 | -€1,080 | -21.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €4,948 | €3,868 | -€1,080 | -21.8% |
| Financial fixed assets | 28 | €298,092 | €298,092 | -€0 | 0.0% |
| Current assets | 29/58 | €31,751 | €45,266 | +€13,515 | +42.6% |
| Amounts receivable within one year | 40/41 | €539 | €363 | -€176 | -32.7% |
| Trade receivables | 40 | - | €363 | +€363 | |
| Other amounts receivable | 41 | €539 | - | -€539 | |
| Cash at bank and in hand | 54/58 | €30,827 | €44,903 | +€14,076 | +45.7% |
| Deferred charges and accrued income | 490/1 | €385 | - | -€385 | |
| Total equity and liabilities | 10/49 | €334,791 | €347,226 | +€12,435 | +3.7% |
| Equity | 10/15 | €44,723 | €98,519 | +€53,796 | +120.3% |
| Contributions | 10/11 | €86,056 | €86,056 | +€0 | 0.0% |
| Capital | 10 | €83,100 | €83,100 | = | 0.0% |
| Issued capital | 100 | €83,100 | €83,100 | = | 0.0% |
| Contributions outside capital | 11 | €2,956 | €2,956 | +€0 | 0.0% |
| Share premium | 1100/10 | €2,956 | €2,956 | +€0 | 0.0% |
| Reserves | 13 | €14,331 | €14,332 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €8,304 | €8,304 | +€0 | 0.0% |
| Legal reserve | 130 | €8,304 | €8,304 | +€0 | 0.0% |
| Distributable reserves | 133 | €6,027 | €6,027 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€55,664 | -€1,869 | +€53,795 | +96.6% |
| Amounts payable | 17/49 | €290,068 | €248,707 | -€41,361 | -14.3% |
| Amounts payable within one year | 42/48 | €290,068 | €248,707 | -€41,361 | -14.3% |
| Taxes, remuneration and social security | 45 | €4,466 | €6,802 | +€2,336 | +52.3% |
| Taxes | 450/3 | €4,466 | €6,802 | +€2,336 | +52.3% |
| Other amounts payable | 47/48 | €285,602 | €241,905 | -€43,697 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €1,080 | +€629 | +139.4% |
| Other operating charges | 640/8 | €387 | €475 | +€88 | +22.7% |
| Gross operating margin | 9900 | €49,920 | €68,339 | +€18,419 | +36.9% |
| Operating profit (loss) | 9901 | €49,082 | €66,785 | +€17,703 | +36.1% |
| Financial charges | 65/66B | €28 | €29 | +€1 | +4.8% |
| Recurring financial charges | 65 | €28 | €29 | +€1 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €49,054 | €66,756 | +€17,702 | +36.1% |
| Income taxes | 67/77 | - | €12,960 | +€12,960 | |
| Profit (loss) for the period | 9904 | €49,054 | €53,795 | +€4,741 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,054 | €53,795 | +€4,741 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.