STACOM: 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.
STACOM
Largest movements
- Tangible fixed assets -€359,115
down €359,115 (-97.0%), from €370,156 to €11,041
of which Land and buildings: -€353,722
- Cash +€53,624
up €53,624 (+414.4%), from €12,939 to €66,563
mainly Investment in fixed assets (net) (+€347,779) and Net result for the year (+€25,251)
- Debts after one year -€207,946
down €207,946 (-78.9%), from €263,465 to €55,519
- Revaluation surpluses -€81,818
down €81,818 (-100.0%), from €81,818 to €0
- Profit (loss) carried forward +€25,251
up €25,251 (+23.6%), from -€107,157 to -€81,905
- Other debts -€23,702
down €23,702 (-29.0%), from €81,691 to €57,989
- Current portion of long-term debt -€15,315
down €15,315 (-100.0%), from €15,315 to €0
- Gross operating margin +€39,732
up €39,732 (+357.4%), from €11,115 to €50,847
- Depreciation -€13,900
down €13,900 (-55.1%), from €25,237 to €11,337
- Financial charges +€6,414
up €6,414 (+141.4%), from €4,536 to €10,951
- Other operating charges -€670
down €670 (-16.8%), from €3,984 to €3,315
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 | €390,889 | €86,943 | -€303,946 | -77.8% |
| Fixed assets | 21/28 | €370,436 | €11,321 | -€359,115 | -96.9% |
| Tangible fixed assets | 22/27 | €370,156 | €11,041 | -€359,115 | -97.0% |
| Land and buildings | 22 | €353,722 | €0 | -€353,722 | -100.0% |
| Plant, machinery and equipment | 23 | €2,313 | €568 | -€1,746 | -75.5% |
| Furniture and vehicles | 24 | €12,704 | €9,487 | -€3,217 | -25.3% |
| Other tangible fixed assets | 26 | €1,417 | €986 | -€431 | -30.4% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €20,453 | €75,622 | +€55,169 | +269.7% |
| Amounts receivable within one year | 40/41 | €4,513 | €6,976 | +€2,463 | +54.6% |
| Trade receivables | 40 | €4,512 | €6,660 | +€2,148 | +47.6% |
| Other amounts receivable | 41 | €1 | €317 | +€316 | +30048.6% |
| Cash at bank and in hand | 54/58 | €12,939 | €66,563 | +€53,624 | +414.4% |
| Deferred charges and accrued income | 490/1 | €3,000 | €2,083 | -€918 | -30.6% |
| Total equity and liabilities | 10/49 | €390,889 | €86,943 | -€303,946 | -77.8% |
| Equity | 10/15 | -€4,888 | -€61,454 | -€56,566 | -1157.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €81,818 | €0 | -€81,818 | -100.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,157 | -€81,905 | +€25,251 | +23.6% |
| Amounts payable | 17/49 | €395,777 | €148,397 | -€247,380 | -62.5% |
| Amounts payable after more than one year | 17 | €263,465 | €55,519 | -€207,946 | -78.9% |
| Financial debts | 170/4 | €263,465 | €55,519 | -€207,946 | -78.9% |
| Amounts payable within one year | 42/48 | €132,313 | €92,879 | -€39,434 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €15,315 | €0 | -€15,315 | -100.0% |
| Trade debts | 44 | €32,306 | €29,315 | -€2,991 | -9.3% |
| Suppliers | 440/4 | €32,306 | €29,315 | -€2,991 | -9.3% |
| Advances received on contracts in progress | 46 | €3,000 | €3,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €2,575 | +€2,575 | |
| Taxes | 450/3 | - | €2,575 | +€2,575 | |
| Other amounts payable | 47/48 | €81,691 | €57,989 | -€23,702 | -29.0% |
| Non-recurring operating income | 76A | - | €506 | +€506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,237 | €11,337 | -€13,900 | -55.1% |
| Other operating charges | 640/8 | €3,984 | €3,315 | -€670 | -16.8% |
| Non-recurring operating charges | 66A | €467 | €0 | -€467 | -100.0% |
| Gross operating margin | 9900 | €11,115 | €50,847 | +€39,732 | +357.4% |
| Operating profit (loss) | 9901 | -€18,574 | €36,195 | +€54,769 | |
| Financial income | 75/76B | €23 | €7 | -€16 | -70.4% |
| Recurring financial income | 75 | €23 | €7 | -€16 | -70.4% |
| Financial charges | 65/66B | €4,536 | €10,951 | +€6,414 | +141.4% |
| Recurring financial charges | 65 | €4,536 | €10,951 | +€6,414 | +141.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,087 | €25,251 | +€48,338 | |
| Profit (loss) for the period | 9904 | -€23,087 | €25,251 | +€48,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,087 | €25,251 | +€48,338 |
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.