STALET: 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.
STALET
Largest movements
- Receivables within one year +€17,961
up €17,961 (+14.0%), from €128,181 to €146,143
- Cash +€7,084
up €7,084 (+42.3%), from €16,744 to €23,828
mainly Net result for the year (+€29,164) and Other debts (+€13,268)
- Profit (loss) carried forward +€19,164
up €19,164 (+21.7%), from €88,508 to €107,672
- Trade debts -€14,426
down €14,426 (-83.2%), from €17,328 to €2,902
- Other debts +€13,268
up €13,268 (+95.0%), from €13,963 to €27,232
- Tax, wage and social debts +€8,075
up €8,075 (+40.1%), from €20,126 to €28,200
- Gross operating margin +€29,995
up €29,995 (+272%), from €11,036 to €41,032
- Other operating charges +€4,053
up €4,053 (+3,435%), from €118 to €4,171
- Financial charges +€3,740
up €3,740 (+655%), from €571 to €4,311
of which Non-recurring financial charges: +€3,752
- Taxes +€3,333
up €3,333 (+102%), from €3,253 to €6,586
- Financial income +€3,060
up €3,060 (+2,181%), from €140 to €3,201
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 | €144,925 | €171,007 | +€26,082 | +18.0% |
| Current assets | 29/58 | €144,925 | €171,007 | +€26,082 | +18.0% |
| Amounts receivable within one year | 40/41 | €128,181 | €146,143 | +€17,961 | +14.0% |
| Trade receivables | 40 | €128,181 | €146,143 | +€17,961 | +14.0% |
| Cash at bank and in hand | 54/58 | €16,744 | €23,828 | +€7,084 | +42.3% |
| Deferred charges and accrued income | 490/1 | - | €1,037 | +€1,037 | |
| Total equity and liabilities | 10/49 | €144,925 | €171,007 | +€26,082 | +18.0% |
| Equity | 10/15 | €93,508 | €112,672 | +€19,164 | +20.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,508 | €107,672 | +€19,164 | +21.7% |
| Amounts payable | 17/49 | €51,417 | €58,334 | +€6,917 | +13.5% |
| Amounts payable within one year | 42/48 | €51,417 | €58,334 | +€6,917 | +13.5% |
| Trade debts | 44 | €17,328 | €2,902 | -€14,426 | -83.2% |
| Suppliers | 440/4 | €17,328 | €2,902 | -€14,426 | -83.2% |
| Taxes, remuneration and social security | 45 | €20,126 | €28,200 | +€8,075 | +40.1% |
| Taxes | 450/3 | €20,126 | €28,200 | +€8,075 | +40.1% |
| Other amounts payable | 47/48 | €13,963 | €27,232 | +€13,268 | +95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | - | -€83 | |
| Other operating charges | 640/8 | €118 | €4,171 | +€4,053 | +3,435% |
| Gross operating margin | 9900 | €11,036 | €41,032 | +€29,995 | +272% |
| Operating profit (loss) | 9901 | €10,835 | €36,861 | +€26,025 | +240% |
| Financial income | 75/76B | €140 | €3,201 | +€3,060 | +2,181% |
| Recurring financial income | 75 | €140 | €3,201 | +€3,060 | +2,181% |
| Financial charges | 65/66B | €571 | €4,311 | +€3,740 | +655% |
| Recurring financial charges | 65 | €571 | €560 | -€11 | -2.0% |
| Non-recurring financial charges | 66B | - | €3,752 | +€3,752 | |
| Profit (loss) for the period before taxes | 9903 | €10,405 | €35,750 | +€25,346 | +244% |
| Income taxes | 67/77 | €3,253 | €6,586 | +€3,333 | +102% |
| Profit (loss) for the period | 9904 | €7,152 | €29,164 | +€22,013 | +308% |
| Profit (loss) for the period to be appropriated | 9905 | €7,152 | €29,164 | +€22,013 | +308% |
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 15 October 2026 via checked.be.