Stadler Confort: 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.
Stadler Confort
Largest movements
- Cash +€65,754
up €65,754 (+145%), from €45,328 to €111,082
mainly Depreciation (+€62,180) and Stocks and contracts (+€17,638)
- Tangible fixed assets -€54,655
down €54,655 (-7.8%), from €701,216 to €646,562
of which Land and buildings: -€43,076
- Stocks and contracts -€17,638
down €17,638 (-8.5%), from €206,671 to €189,033
- Reserves +€273,957
up €273,957 (+221%), from €124,043 to €398,000
- Profit (loss) carried forward -€258,449
down €258,449 (-99.7%), from €259,173 to €725
- Debts after one year -€33,425
down €33,425 (-6.0%), from €553,476 to €520,051
- Gross operating margin -€38,255
down €38,255 (-20.9%), from €183,086 to €144,831
- Taxes -€7,575
down €7,575 (-56.1%), from €13,502 to €5,927
- Financial charges -€6,384
down €6,384 (-21.3%), from €30,033 to €23,648
- Staff costs +€1,968
up €1,968 (+5.8%), from €33,693 to €35,661
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.
Derived cash bridge
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 | €1,043,132 | €1,039,743 | -€3,389 | -0.3% |
| Formation expenses | 20 | €63,558 | €61,119 | -€2,439 | -3.8% |
| Fixed assets | 21/28 | €701,396 | €646,742 | -€54,655 | -7.8% |
| Tangible fixed assets | 22/27 | €701,216 | €646,562 | -€54,655 | -7.8% |
| Land and buildings | 22 | €673,700 | €630,624 | -€43,076 | -6.4% |
| Furniture and vehicles | 24 | €14,321 | €5,485 | -€8,836 | -61.7% |
| Other tangible fixed assets | 26 | €13,195 | €10,453 | -€2,743 | -20.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €278,178 | €331,882 | +€53,704 | +19.3% |
| Stocks and contracts in progress | 3 | €206,671 | €189,033 | -€17,638 | -8.5% |
| Stocks | 30/36 | €206,671 | €189,033 | -€17,638 | -8.5% |
| Amounts receivable within one year | 40/41 | €20,718 | €25,915 | +€5,196 | +25.1% |
| Trade receivables | 40 | €4,216 | €1,819 | -€2,396 | -56.8% |
| Other amounts receivable | 41 | €16,503 | €24,095 | +€7,592 | +46.0% |
| Cash at bank and in hand | 54/58 | €45,328 | €111,082 | +€65,754 | +145% |
| Deferred charges and accrued income | 490/1 | €5,461 | €5,853 | +€392 | +7.2% |
| Total equity and liabilities | 10/49 | €1,043,132 | €1,039,743 | -€3,389 | -0.3% |
| Equity | 10/15 | €403,676 | €417,325 | +€13,648 | +3.4% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €124,043 | €398,000 | +€273,957 | +221% |
| Distributable reserves | 133 | €124,043 | €398,000 | +€273,957 | +221% |
| Profit (loss) carried forward | 14 | €259,173 | €725 | -€258,449 | -99.7% |
| Amounts payable | 17/49 | €639,456 | €622,418 | -€17,038 | -2.7% |
| Amounts payable after more than one year | 17 | €553,476 | €520,051 | -€33,425 | -6.0% |
| Financial debts | 170/4 | €553,476 | €520,051 | -€33,425 | -6.0% |
| Amounts payable within one year | 42/48 | €85,980 | €102,368 | +€16,388 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €32,007 | €33,425 | +€1,418 | +4.4% |
| Trade debts | 44 | €6,509 | €15,504 | +€8,995 | +138% |
| Suppliers | 440/4 | €6,509 | €15,504 | +€8,995 | +138% |
| Advances received on contracts in progress | 46 | €16,849 | €23,225 | +€6,376 | +37.8% |
| Taxes, remuneration and social security | 45 | €24,015 | €23,663 | -€353 | -1.5% |
| Taxes | 450/3 | €19,505 | €17,800 | -€1,705 | -8.7% |
| Remuneration and social security | 454/9 | €4,511 | €5,863 | +€1,352 | +30.0% |
| Other amounts payable | 47/48 | €6,599 | €6,550 | -€49 | -0.7% |
| Remuneration, social security and pensions | 62 | €33,693 | €35,661 | +€1,968 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,147 | €62,180 | +€33 | +0.1% |
| Other operating charges | 640/8 | €8,761 | €8,713 | -€48 | -0.6% |
| Non-recurring operating charges | 66A | - | €3,350 | +€3,350 | |
| Gross operating margin | 9900 | €183,086 | €144,831 | -€38,255 | -20.9% |
| Operating profit (loss) | 9901 | €78,485 | €34,927 | -€43,558 | -55.5% |
| Financial income | 75/76B | €8,675 | €8,297 | -€378 | -4.4% |
| Recurring financial income | 75 | €8,675 | €8,297 | -€378 | -4.4% |
| Financial charges | 65/66B | €30,033 | €23,648 | -€6,384 | -21.3% |
| Recurring financial charges | 65 | €30,033 | €23,648 | -€6,384 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €57,127 | €19,575 | -€37,551 | -65.7% |
| Income taxes | 67/77 | €13,502 | €5,927 | -€7,575 | -56.1% |
| Profit (loss) for the period | 9904 | €43,624 | €13,648 | -€29,976 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,624 | €13,648 | -€29,976 | -68.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.