STALIBO: what changed
Two fiscal 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.
STALIBO
Largest movements
- Tangible fixed assets +€365,200
up €365,200 (+460.3%), from €79,333 to €444,533
of which Plant, machinery and equipment: +€358,420
- Current investments -€233,223
down €233,223 (-95.2%), from €244,860 to €11,637
- Receivables within one year +€179,132
up €179,132 (+31.4%), from €570,283 to €749,415
of which Trade receivables: +€132,017
- Cash -€76,537
down €76,537 (-80.9%), from €94,579 to €18,042
mainly Investment in fixed assets (net) (-€399,640) and Receivables within one year (-€179,132)
- Stocks and contracts +€66,298
up €66,298 (+217.8%), from €30,442 to €96,740
- Trade debts +€140,402
up €140,402 (+25.6%), from €549,300 to €689,703
- Debts after one year +€136,134
up €136,134 (+404.8%), from €33,628 to €169,762
- Reserves +€38,626
up €38,626 (+10.1%), from €383,134 to €421,760
of which Distributable reserves: +€38,626
- Tax, wage and social debts -€24,213
down €24,213 (-45.5%), from €53,254 to €29,042
of which Taxes: -€21,543
- Staff costs +€68,875
up €68,875 (+46.2%), from €149,095 to €217,970
- Gross operating margin +€58,975
up €58,975 (+23.6%), from €249,488 to €308,463
- Depreciation +€21,329
up €21,329 (+106.2%), from €20,086 to €41,415
- Financial income +€7,014
up €7,014 (+114.1%), from €6,145 to €13,159
- Taxes -€6,814
down €6,814 (-31.4%), from €21,684 to €14,869
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 | €1,055,241 | €1,347,121 | +€291,880 | +27.7% |
| Fixed assets | 21/28 | €97,708 | €455,933 | +€358,225 | +366.6% |
| Tangible fixed assets | 22/27 | €79,333 | €444,533 | +€365,200 | +460.3% |
| Plant, machinery and equipment | 23 | €10,627 | €369,047 | +€358,420 | +3372.7% |
| Furniture and vehicles | 24 | €20,693 | €38,484 | +€17,791 | +86.0% |
| Leasing and similar rights | 25 | €48,013 | €37,003 | -€11,011 | -22.9% |
| Financial fixed assets | 28 | €18,375 | €11,400 | -€6,975 | -38.0% |
| Current assets | 29/58 | €957,533 | €891,188 | -€66,345 | -6.9% |
| Stocks and contracts in progress | 3 | €30,442 | €96,740 | +€66,298 | +217.8% |
| Stocks | 30/36 | €30,442 | €96,740 | +€66,298 | +217.8% |
| Amounts receivable within one year | 40/41 | €570,283 | €749,415 | +€179,132 | +31.4% |
| Trade receivables | 40 | €502,604 | €634,621 | +€132,017 | +26.3% |
| Other amounts receivable | 41 | €67,679 | €114,794 | +€47,115 | +69.6% |
| Current investments | 50/53 | €244,860 | €11,637 | -€233,223 | -95.2% |
| Cash at bank and in hand | 54/58 | €94,579 | €18,042 | -€76,537 | -80.9% |
| Deferred charges and accrued income | 490/1 | €17,370 | €15,354 | -€2,015 | -11.6% |
| Total equity and liabilities | 10/49 | €1,055,241 | €1,347,121 | +€291,880 | +27.7% |
| Equity | 10/15 | €401,734 | €440,360 | +€38,626 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €383,134 | €421,760 | +€38,626 | +10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €383,134 | €421,760 | +€38,626 | +10.1% |
| Amounts payable | 17/49 | €653,507 | €906,761 | +€253,254 | +38.8% |
| Amounts payable after more than one year | 17 | €33,628 | €169,762 | +€136,134 | +404.8% |
| Financial debts | 170/4 | €33,628 | €169,762 | +€136,134 | +404.8% |
| Amounts payable within one year | 42/48 | €619,878 | €735,761 | +€115,883 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €13,098 | €13,866 | +€768 | +5.9% |
| Trade debts | 44 | €549,300 | €689,703 | +€140,402 | +25.6% |
| Suppliers | 440/4 | €549,300 | €689,703 | +€140,402 | +25.6% |
| Taxes, remuneration and social security | 45 | €53,254 | €29,042 | -€24,213 | -45.5% |
| Taxes | 450/3 | €22,097 | €554 | -€21,543 | -97.5% |
| Remuneration and social security | 454/9 | €31,157 | €28,487 | -€2,670 | -8.6% |
| Other amounts payable | 47/48 | €4,226 | €3,150 | -€1,076 | -25.5% |
| Accrued charges and deferred income | 492/3 | - | €1,238 | +€1,238 | |
| Non-recurring operating income | 76A | €0 | €4,906 | +€4,906 | |
| Remuneration, social security and pensions | 62 | €149,095 | €217,970 | +€68,875 | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,086 | €41,415 | +€21,329 | +106.2% |
| Other operating charges | 640/8 | €8,530 | €2,867 | -€5,664 | -66.4% |
| Gross operating margin | 9900 | €249,488 | €308,463 | +€58,975 | +23.6% |
| Operating profit (loss) | 9901 | €71,778 | €46,211 | -€25,566 | -35.6% |
| Financial income | 75/76B | €6,145 | €13,159 | +€7,014 | +114.1% |
| Recurring financial income | 75 | €6,145 | €13,159 | +€7,014 | +114.1% |
| Financial charges | 65/66B | €8,688 | €5,875 | -€2,812 | -32.4% |
| Recurring financial charges | 65 | €8,688 | €5,875 | -€2,812 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €69,235 | €53,495 | -€15,740 | -22.7% |
| Income taxes | 67/77 | €21,684 | €14,869 | -€6,814 | -31.4% |
| Profit (loss) for the period | 9904 | €47,551 | €38,626 | -€8,926 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,551 | €38,626 | -€8,926 | -18.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.