STAG & HIND: 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.
STAG & HIND
Largest movements
- Cash -€85,402
down €85,402 (-99.1%), from €86,146 to €744
mainly Stocks and contracts (-€80,245) and Net result for the year (-€4,998)
- Stocks and contracts +€80,245
up €80,245 (+15.7%), from €511,613 to €591,859
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,928
up €3,928 (+48.2%), from -€8,147 to -€4,219
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 | €601,551 | €592,603 | -€8,948 | -1.5% |
| Current assets | 29/58 | €601,551 | €592,603 | -€8,948 | -1.5% |
| Stocks and contracts in progress | 3 | €511,613 | €591,859 | +€80,245 | +15.7% |
| Stocks | 30/36 | €511,613 | €591,859 | +€80,245 | +15.7% |
| Amounts receivable within one year | 40/41 | €3,792 | €0 | -€3,792 | -100.0% |
| Trade receivables | 40 | €3,792 | €0 | -€3,792 | -100.0% |
| Cash at bank and in hand | 54/58 | €86,146 | €744 | -€85,402 | -99.1% |
| Total equity and liabilities | 10/49 | €601,551 | €592,603 | -€8,948 | -1.5% |
| Equity | 10/15 | €6,035 | €1,037 | -€4,998 | -82.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,965 | -€18,963 | -€4,998 | -35.8% |
| Amounts payable | 17/49 | €595,516 | €591,566 | -€3,950 | -0.7% |
| Amounts payable within one year | 42/48 | €595,516 | €591,566 | -€3,950 | -0.7% |
| Trade debts | 44 | €5,275 | €447 | -€4,829 | -91.5% |
| Suppliers | 440/4 | €5,275 | €447 | -€4,829 | -91.5% |
| Taxes, remuneration and social security | 45 | €139 | €0 | -€139 | -100.0% |
| Taxes | 450/3 | €139 | €0 | -€139 | -100.0% |
| Other amounts payable | 47/48 | €590,101 | €591,119 | +€1,018 | +0.2% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€8,147 | -€4,219 | +€3,928 | +48.2% |
| Operating profit (loss) | 9901 | -€8,716 | -€4,805 | +€3,912 | +44.9% |
| Financial income | 75/76B | €73 | €0 | -€73 | -99.9% |
| Recurring financial income | 75 | €73 | €0 | -€73 | -99.9% |
| Financial charges | 65/66B | €139 | €194 | +€55 | +39.7% |
| Recurring financial charges | 65 | €139 | €194 | +€55 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,783 | -€4,998 | +€3,784 | +43.1% |
| Profit (loss) for the period | 9904 | -€8,783 | -€4,998 | +€3,784 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,783 | -€4,998 | +€3,784 | +43.1% |
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.