STAL EIGENLO: 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.
STAL EIGENLO
Largest movements
- Current investments +€603,417
up €603,417 (+210.7%), from €286,431 to €889,848
- Tangible fixed assets +€297,527
up €297,527 (+29.1%), from €1.0m to €1.3m
of which Land and buildings: +€217,585
- Stocks and contracts -€230,550
down €230,550 (-11.7%), from €2.0m to €1.7m
- Reserves +€945,500
up €945,500 (+33.7%), from €2.8m to €3.8m
- Debts after one year -€526,966
down €526,966 (-96.8%), from €544,608 to €17,642
of which Other amounts payable: -€512,492
- Trade debts +€302,320
up €302,320 (+563.0%), from €53,702 to €356,022
- Tax, wage and social debts -€61,195
down €61,195 (-97.1%), from €63,043 to €1,848
of which Taxes: -€62,971
- Gross operating margin +€1.3m
up €1.3m (+1170.7%), from €114,890 to €1.5m
- Taxes +€338,715
up €338,715 (+450.5%), from €75,184 to €413,899
- Financial income -€237,029
down €237,029 (-80.3%), from €295,303 to €58,275
- Write-downs -€23,000
down €23,000, from €15,000 to -€8,000
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 | €3,614,354 | €4,262,164 | +€647,810 | +17.9% |
| Fixed assets | 21/28 | €1,024,069 | €1,321,595 | +€297,527 | +29.1% |
| Tangible fixed assets | 22/27 | €1,024,069 | €1,321,595 | +€297,527 | +29.1% |
| Land and buildings | 22 | €584,300 | €801,885 | +€217,585 | +37.2% |
| Plant, machinery and equipment | 23 | €75,145 | €106,228 | +€31,084 | +41.4% |
| Furniture and vehicles | 24 | €364,624 | €413,482 | +€48,858 | +13.4% |
| Current assets | 29/58 | €2,590,286 | €2,940,568 | +€350,283 | +13.5% |
| Stocks and contracts in progress | 3 | €1,977,762 | €1,747,212 | -€230,550 | -11.7% |
| Stocks | 30/36 | €1,977,762 | €1,747,212 | -€230,550 | -11.7% |
| Amounts receivable within one year | 40/41 | €246,131 | €255,153 | +€9,021 | +3.7% |
| Trade receivables | 40 | €240,384 | €231,608 | -€8,776 | -3.7% |
| Other amounts receivable | 41 | €5,748 | €23,545 | +€17,797 | +309.6% |
| Current investments | 50/53 | €286,431 | €889,848 | +€603,417 | +210.7% |
| Cash at bank and in hand | 54/58 | €79,188 | €45,435 | -€33,753 | -42.6% |
| Deferred charges and accrued income | 490/1 | €774 | €2,920 | +€2,147 | +277.5% |
| Total equity and liabilities | 10/49 | €3,614,354 | €4,262,164 | +€647,810 | +17.9% |
| Equity | 10/15 | €2,826,863 | €3,772,363 | +€945,500 | +33.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €2,806,403 | €3,751,903 | +€945,500 | +33.7% |
| Distributable reserves | 133 | €2,806,403 | €3,751,903 | +€945,500 | +33.7% |
| Amounts payable | 17/49 | €787,491 | €489,801 | -€297,690 | -37.8% |
| Amounts payable after more than one year | 17 | €544,608 | €17,642 | -€526,966 | -96.8% |
| Financial debts | 170/4 | €32,116 | €17,642 | -€14,474 | -45.1% |
| Other amounts payable | 178/9 | €512,492 | - | -€512,492 | |
| Amounts payable within one year | 42/48 | €180,098 | €409,467 | +€229,370 | +127.4% |
| Current portion of amounts payable after more than one year | 42 | €13,901 | €14,474 | +€573 | +4.1% |
| Trade debts | 44 | €53,702 | €356,022 | +€302,320 | +563.0% |
| Suppliers | 440/4 | €53,702 | €356,022 | +€302,320 | +563.0% |
| Taxes, remuneration and social security | 45 | €63,043 | €1,848 | -€61,195 | -97.1% |
| Taxes | 450/3 | €63,043 | €72 | -€62,971 | -99.9% |
| Remuneration and social security | 454/9 | - | €1,776 | +€1,776 | |
| Other amounts payable | 47/48 | €49,452 | €37,123 | -€12,328 | -24.9% |
| Accrued charges and deferred income | 492/3 | €62,786 | €62,692 | -€94 | -0.1% |
| Remuneration, social security and pensions | 62 | - | €10,956 | +€10,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,117 | €134,319 | +€13,202 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | -€8,000 | -€23,000 | |
| Other operating charges | 640/8 | €4,775 | €6,956 | +€2,181 | +45.7% |
| Non-recurring operating charges | 66A | - | €485 | +€485 | |
| Gross operating margin | 9900 | €114,890 | €1,459,870 | +€1.3m | +1170.7% |
| Operating profit (loss) | 9901 | -€26,002 | €1,315,153 | +€1.3m | |
| Financial income | 75/76B | €295,303 | €58,275 | -€237,029 | -80.3% |
| Recurring financial income | 75 | €295,303 | €58,275 | -€237,029 | -80.3% |
| Financial charges | 65/66B | €7,063 | €14,030 | +€6,967 | +98.6% |
| Recurring financial charges | 65 | €7,063 | €14,030 | +€6,967 | +98.6% |
| Profit (loss) for the period before taxes | 9903 | €262,239 | €1,359,398 | +€1.1m | +418.4% |
| Income taxes | 67/77 | €75,184 | €413,899 | +€338,715 | +450.5% |
| Profit (loss) for the period | 9904 | €187,055 | €945,500 | +€758,445 | +405.5% |
| Profit (loss) for the period to be appropriated | 9905 | €187,055 | €945,500 | +€758,445 | +405.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.