STALAGRO: 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.
STALAGRO
Largest movements
- Cash +€247,508
up €247,508 (+425.1%), from €58,219 to €305,727
mainly Other debts (+€183,060) and Contributions, distributions and other (+€50,000)
- Tangible fixed assets -€23,028
down €23,028 (-24.9%), from €92,409 to €69,381
of which Leasing and similar rights: -€21,978
- Receivables within one year -€8,430
down €8,430 (-46.4%), from €18,154 to €9,724
of which Trade receivables: -€11,140
- Other debts +€183,060
up €183,060 (+623.0%), from €29,385 to €212,445
- Contributions +€50,000
up €50,000 (+1000.0%), from €5,000 to €55,000
- Debts after one year -€22,246
down €22,246 (-21.2%), from €105,098 to €82,851
- Trade debts +€8,444
up €8,444 (+64.6%), from €13,074 to €21,518
- Tax, wage and social debts -€5,529
down €5,529 (-94.6%), from €5,843 to €314
- Gross operating margin -€29,523
down €29,523 (-44.5%), from €66,373 to €36,850
- Depreciation +€1,415
up €1,415 (+5.0%), from €28,511 to €29,926
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 | €169,570 | €387,355 | +€217,785 | +128.4% |
| Fixed assets | 21/28 | €92,409 | €69,381 | -€23,028 | -24.9% |
| Tangible fixed assets | 22/27 | €92,409 | €69,381 | -€23,028 | -24.9% |
| Plant, machinery and equipment | 23 | €3,641 | €8,872 | +€5,232 | +143.7% |
| Furniture and vehicles | 24 | €15,603 | €9,321 | -€6,282 | -40.3% |
| Leasing and similar rights | 25 | €73,165 | €51,187 | -€21,978 | -30.0% |
| Current assets | 29/58 | €77,161 | €317,975 | +€240,813 | +312.1% |
| Amounts receivable within one year | 40/41 | €18,154 | €9,724 | -€8,430 | -46.4% |
| Trade receivables | 40 | €17,975 | €6,836 | -€11,140 | -62.0% |
| Other amounts receivable | 41 | €179 | €2,888 | +€2,710 | +1517.3% |
| Cash at bank and in hand | 54/58 | €58,219 | €305,727 | +€247,508 | +425.1% |
| Deferred charges and accrued income | 490/1 | €789 | €2,524 | +€1,735 | +220.0% |
| Total equity and liabilities | 10/49 | €169,570 | €387,355 | +€217,785 | +128.4% |
| Equity | 10/15 | -€10,478 | €40,019 | +€50,497 | |
| Contributions | 10/11 | €5,000 | €55,000 | +€50,000 | +1000.0% |
| Profit (loss) carried forward | 14 | -€15,478 | -€14,981 | +€497 | +3.2% |
| Amounts payable | 17/49 | €180,048 | €347,336 | +€167,288 | +92.9% |
| Amounts payable after more than one year | 17 | €105,098 | €82,851 | -€22,246 | -21.2% |
| Financial debts | 170/4 | €105,098 | €82,851 | -€22,246 | -21.2% |
| Amounts payable within one year | 42/48 | €70,100 | €256,522 | +€186,423 | +265.9% |
| Current portion of amounts payable after more than one year | 42 | €21,798 | €22,246 | +€448 | +2.1% |
| Trade debts | 44 | €13,074 | €21,518 | +€8,444 | +64.6% |
| Suppliers | 440/4 | €13,074 | €21,518 | +€8,444 | +64.6% |
| Taxes, remuneration and social security | 45 | €5,843 | €314 | -€5,529 | -94.6% |
| Taxes | 450/3 | €5,843 | €314 | -€5,529 | -94.6% |
| Other amounts payable | 47/48 | €29,385 | €212,445 | +€183,060 | +623.0% |
| Accrued charges and deferred income | 492/3 | €4,851 | €7,962 | +€3,112 | +64.2% |
| Non-recurring operating income | 76A | €33,461 | - | -€33,461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,511 | €29,926 | +€1,415 | +5.0% |
| Other operating charges | 640/8 | €744 | €1,317 | +€573 | +77.1% |
| Gross operating margin | 9900 | €66,373 | €36,850 | -€29,523 | -44.5% |
| Operating profit (loss) | 9901 | €37,119 | €5,607 | -€31,512 | -84.9% |
| Financial income | 75/76B | €4 | €88 | +€84 | +2236.1% |
| Recurring financial income | 75 | €4 | €88 | +€84 | +2236.1% |
| Financial charges | 65/66B | €4,587 | €5,198 | +€611 | +13.3% |
| Recurring financial charges | 65 | €4,587 | €5,198 | +€611 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €32,536 | €497 | -€32,038 | -98.5% |
| Profit (loss) for the period | 9904 | €32,536 | €497 | -€32,038 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,536 | €497 | -€32,038 | -98.5% |
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 12 October 2026 via checked.be.