STAL VAN GORP: 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 VAN GORP
Largest movements
- Stocks and contracts +€24,000
up €24,000 (+39.3%), from €61,000 to €85,000
- Cash -€16,473
down €16,473 (-82.9%), from €19,873 to €3,400
mainly Stocks and contracts (-€24,000) and Net result for the year (-€12,505)
- Receivables within one year -€16,089
down €16,089 (-92.4%), from €17,409 to €1,320
- Tangible fixed assets -€13,243
down €13,243 (-20.4%), from €64,915 to €51,672
- Reserves -€12,505
down €12,505 (-23.8%), from €52,601 to €40,095
- Trade debts -€9,141
down €9,141 (-77.6%), from €11,780 to €2,639
- Gross operating margin -€64,398
down €64,398 (-97.0%), from €66,407 to €2,009
- Depreciation +€11,943
up €11,943 (+918.6%), from €1,300 to €13,243
- Taxes -€11,826
down €11,826 (-100.0%), from €11,826 to €0
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 | €164,858 | €143,212 | -€21,646 | -13.1% |
| Fixed assets | 21/28 | €64,915 | €51,672 | -€13,243 | -20.4% |
| Tangible fixed assets | 22/27 | €64,915 | €51,672 | -€13,243 | -20.4% |
| Furniture and vehicles | 24 | €64,915 | €51,672 | -€13,243 | -20.4% |
| Current assets | 29/58 | €99,943 | €91,540 | -€8,403 | -8.4% |
| Stocks and contracts in progress | 3 | €61,000 | €85,000 | +€24,000 | +39.3% |
| Stocks | 30/36 | €61,000 | €85,000 | +€24,000 | +39.3% |
| Amounts receivable within one year | 40/41 | €17,409 | €1,320 | -€16,089 | -92.4% |
| Other amounts receivable | 41 | €17,409 | €1,320 | -€16,089 | -92.4% |
| Cash at bank and in hand | 54/58 | €19,873 | €3,400 | -€16,473 | -82.9% |
| Deferred charges and accrued income | 490/1 | €1,661 | €1,820 | +€159 | +9.6% |
| Total equity and liabilities | 10/49 | €164,858 | €143,212 | -€21,646 | -13.1% |
| Equity | 10/15 | €57,601 | €45,095 | -€12,505 | -21.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,601 | €40,095 | -€12,505 | -23.8% |
| Distributable reserves | 133 | €52,601 | €40,095 | -€12,505 | -23.8% |
| Amounts payable | 17/49 | €107,257 | €98,116 | -€9,141 | -8.5% |
| Amounts payable within one year | 42/48 | €107,257 | €98,116 | -€9,141 | -8.5% |
| Trade debts | 44 | €11,780 | €2,639 | -€9,141 | -77.6% |
| Suppliers | 440/4 | €11,780 | €2,639 | -€9,141 | -77.6% |
| Taxes, remuneration and social security | 45 | €11,826 | €11,826 | = | 0.0% |
| Taxes | 450/3 | €11,826 | €11,826 | = | 0.0% |
| Other amounts payable | 47/48 | €83,652 | €83,652 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €13,243 | +€11,943 | +918.6% |
| Other operating charges | 640/8 | €558 | €1,196 | +€638 | +114.2% |
| Gross operating margin | 9900 | €66,407 | €2,009 | -€64,398 | -97.0% |
| Operating profit (loss) | 9901 | €64,548 | -€12,430 | -€76,979 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €122 | €75 | -€47 | -38.5% |
| Recurring financial charges | 65 | €122 | €75 | -€47 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €64,427 | -€12,505 | -€76,932 | |
| Income taxes | 67/77 | €11,826 | €0 | -€11,826 | -100.0% |
| Profit (loss) for the period | 9904 | €52,601 | -€12,505 | -€65,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,601 | -€12,505 | -€65,106 |
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 10 October 2026 via checked.be.