STAL HOFMANS: what changed
STAL HOFMANS
Largest movements
- Cash +€8,130
up €8,130 (+56.6%), from €14,354 to €22,484
mainly Other debts (+€10,570) and Depreciation (+€3,285)
- Stocks and contracts +€3,000
up €3,000 (+7.3%), from €41,000 to €44,000
- Other debts +€10,570
up €10,570 (+3.9%), from €268,159 to €278,729
- Profit (loss) carried forward +€3,051
up €3,051 (+1.4%), from -€210,597 to -€207,546
- Tax, wage and social debts -€2,369
down €2,369 (-66.6%), from €3,557 to €1,188
- Gross operating margin -€22,286
down €22,286 (-72.9%), from €30,556 to €8,270
- Other operating charges +€1,162
up €1,162 (+148%), from €784 to €1,945
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,563 | €92,740 | +€11,177 | +13.7% |
| Fixed assets | 21/28 | €24,713 | €24,688 | -€25 | -0.1% |
| Tangible fixed assets | 22/27 | €24,713 | €24,688 | -€25 | -0.1% |
| Land and buildings | 22 | €16,792 | €15,399 | -€1,393 | -8.3% |
| Plant, machinery and equipment | 23 | €7,922 | €9,290 | +€1,368 | +17.3% |
| Current assets | 29/58 | €56,850 | €68,051 | +€11,202 | +19.7% |
| Stocks and contracts in progress | 3 | €41,000 | €44,000 | +€3,000 | +7.3% |
| Stocks | 30/36 | €41,000 | €44,000 | +€3,000 | +7.3% |
| Cash at bank and in hand | 54/58 | €14,354 | €22,484 | +€8,130 | +56.6% |
| Deferred charges and accrued income | 490/1 | €1,495 | €1,568 | +€72 | +4.8% |
| Total equity and liabilities | 10/49 | €81,563 | €92,740 | +€11,177 | +13.7% |
| Equity | 10/15 | -€190,597 | -€187,546 | +€3,051 | +1.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,597 | -€207,546 | +€3,051 | +1.4% |
| Amounts payable | 17/49 | €272,160 | €280,285 | +€8,125 | +3.0% |
| Amounts payable within one year | 42/48 | €272,160 | €280,285 | +€8,125 | +3.0% |
| Trade debts | 44 | €444 | €369 | -€75 | -16.9% |
| Suppliers | 440/4 | €444 | €369 | -€75 | -16.9% |
| Taxes, remuneration and social security | 45 | €3,557 | €1,188 | -€2,369 | -66.6% |
| Taxes | 450/3 | €3,557 | €1,188 | -€2,369 | -66.6% |
| Other amounts payable | 47/48 | €268,159 | €278,729 | +€10,570 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,428 | €3,285 | -€143 | -4.2% |
| Other operating charges | 640/8 | €784 | €1,945 | +€1,162 | +148% |
| Gross operating margin | 9900 | €30,556 | €8,270 | -€22,286 | -72.9% |
| Operating profit (loss) | 9901 | €26,345 | €3,040 | -€23,305 | -88.5% |
| Financial income | 75/76B | €11 | €100 | +€89 | +810% |
| Recurring financial income | 75 | €11 | €100 | +€89 | +810% |
| Financial charges | 65/66B | €97 | €89 | -€8 | -8.2% |
| Recurring financial charges | 65 | €97 | €89 | -€8 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €26,259 | €3,051 | -€23,208 | -88.4% |
| Profit (loss) for the period | 9904 | €26,259 | €3,051 | -€23,208 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,259 | €3,051 | -€23,208 | -88.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.