STAL SCHASELBERG: 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 SCHASELBERG
Largest movements
- Tangible fixed assets -€40,797
down €40,797 (-4.3%), from €939,436 to €898,640
of which Land and buildings: -€35,146
- Cash -€38,698
down €38,698 (-54.0%), from €71,636 to €32,939
mainly Debts after one year (-€66,103) and Investment in fixed assets (net) (-€34,168)
- Debts after one year -€66,103
down €66,103 (-13.1%), from €506,331 to €440,228
- Gross operating margin -€34,290
down €34,290 (-18.2%), from €188,850 to €154,560
- Taxes -€9,989
down €9,989 (-93.1%), from €10,733 to €744
- Depreciation +€4,964
up €4,964 (+7.1%), from €70,002 to €74,965
- Staff costs +€4,194
up €4,194 (+8.5%), from €49,447 to €53,641
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 | €1,084,455 | €1,010,183 | -€74,272 | -6.8% |
| Fixed assets | 21/28 | €939,436 | €898,640 | -€40,797 | -4.3% |
| Tangible fixed assets | 22/27 | €939,436 | €898,640 | -€40,797 | -4.3% |
| Land and buildings | 22 | €924,668 | €889,521 | -€35,146 | -3.8% |
| Plant, machinery and equipment | 23 | €11,974 | €8,587 | -€3,387 | -28.3% |
| Furniture and vehicles | 24 | €2,795 | €532 | -€2,264 | -81.0% |
| Current assets | 29/58 | €145,019 | €111,544 | -€33,475 | -23.1% |
| Stocks and contracts in progress | 3 | €60,140 | €57,686 | -€2,454 | -4.1% |
| Stocks | 30/36 | €60,140 | €57,686 | -€2,454 | -4.1% |
| Amounts receivable within one year | 40/41 | €9,685 | €15,878 | +€6,193 | +63.9% |
| Trade receivables | 40 | €5,739 | €2,443 | -€3,296 | -57.4% |
| Other amounts receivable | 41 | €3,946 | €13,435 | +€9,489 | +240% |
| Cash at bank and in hand | 54/58 | €71,636 | €32,939 | -€38,698 | -54.0% |
| Deferred charges and accrued income | 490/1 | €3,557 | €5,040 | +€1,484 | +41.7% |
| Total equity and liabilities | 10/49 | €1,084,455 | €1,010,183 | -€74,272 | -6.8% |
| Equity | 10/15 | €420,566 | €425,764 | +€5,198 | +1.2% |
| Contributions | 10/11 | €18,642 | €18,642 | = | 0.0% |
| Reserves | 13 | €401,924 | €407,122 | +€5,198 | +1.3% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €391,924 | €397,122 | +€5,198 | +1.3% |
| Amounts payable | 17/49 | €663,889 | €584,420 | -€79,470 | -12.0% |
| Amounts payable after more than one year | 17 | €506,331 | €440,228 | -€66,103 | -13.1% |
| Financial debts | 170/4 | €506,331 | €440,228 | -€66,103 | -13.1% |
| Amounts payable within one year | 42/48 | €157,559 | €144,192 | -€13,367 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €65,125 | €66,103 | +€978 | +1.5% |
| Trade debts | 44 | €38,404 | €34,466 | -€3,939 | -10.3% |
| Suppliers | 440/4 | €38,404 | €34,466 | -€3,939 | -10.3% |
| Taxes, remuneration and social security | 45 | €13,755 | €9,038 | -€4,717 | -34.3% |
| Taxes | 450/3 | €6,498 | €2,917 | -€3,582 | -55.1% |
| Remuneration and social security | 454/9 | €7,256 | €6,121 | -€1,135 | -15.6% |
| Other amounts payable | 47/48 | €40,275 | €34,585 | -€5,689 | -14.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €49,447 | €53,641 | +€4,194 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,002 | €74,965 | +€4,964 | +7.1% |
| Other operating charges | 640/8 | €11,843 | €12,465 | +€622 | +5.3% |
| Gross operating margin | 9900 | €188,850 | €154,560 | -€34,290 | -18.2% |
| Operating profit (loss) | 9901 | €57,559 | €13,490 | -€44,070 | -76.6% |
| Financial income | 75/76B | €651 | €1,041 | +€390 | +59.8% |
| Recurring financial income | 75 | €651 | €1,041 | +€390 | +59.8% |
| Financial charges | 65/66B | €9,829 | €8,589 | -€1,241 | -12.6% |
| Recurring financial charges | 65 | €9,829 | €8,589 | -€1,241 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €48,381 | €5,942 | -€42,440 | -87.7% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €10,733 | €744 | -€9,989 | -93.1% |
| Profit (loss) for the period | 9904 | €37,648 | €5,198 | -€32,450 | -86.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €37,648 | €5,198 | -€32,450 | -86.2% |
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 27 October 2026 via checked.be.