Stalker: 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.
Stalker
Largest movements
- Intangible fixed assets -€4,200
down €4,200 (-28.2%), from €14,901 to €10,701
- Stocks and contracts +€3,230
up €3,230 (+45.2%), from €7,144 to €10,374
- Cash +€1,947
up €1,947 (+1.7%), from €114,724 to €116,671
mainly Net result for the year (+€7,294) and Depreciation (+€4,767)
- Reserves +€7,294
up €7,294 (+17.8%), from €41,037 to €48,331
- Current portion of long-term debt -€5,137
down €5,137 (-75.9%), from €6,765 to €1,628
- Other debts +€3,247
up €3,247 (+8.1%), from €40,087 to €43,334
- Tax, wage and social debts -€3,062
down €3,062 (-10.7%), from €28,483 to €25,421
of which Taxes: -€5,657
- Trade debts -€1,849
down €1,849 (-10.4%), from €17,736 to €15,887
- Gross operating margin -€11,100
down €11,100 (-7.3%), from €152,361 to €141,261
- Taxes -€1,849
down €1,849 (-37.2%), from €4,971 to €3,122
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 | €154,336 | €153,973 | -€363 | -0.2% |
| Fixed assets | 21/28 | €20,994 | €16,228 | -€4,767 | -22.7% |
| Intangible fixed assets | 21 | €14,901 | €10,701 | -€4,200 | -28.2% |
| Tangible fixed assets | 22/27 | €1,593 | €1,026 | -€567 | -35.6% |
| Land and buildings | 22 | €711 | €551 | -€159 | -22.4% |
| Plant, machinery and equipment | 23 | €755 | €475 | -€280 | -37.1% |
| Furniture and vehicles | 24 | €128 | €0 | -€128 | -100.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €133,342 | €137,745 | +€4,404 | +3.3% |
| Stocks and contracts in progress | 3 | €7,144 | €10,374 | +€3,230 | +45.2% |
| Stocks | 30/36 | €7,144 | €10,374 | +€3,230 | +45.2% |
| Amounts receivable within one year | 40/41 | €6,607 | €5,765 | -€842 | -12.8% |
| Trade receivables | 40 | €3,791 | €4,498 | +€707 | +18.7% |
| Other amounts receivable | 41 | €2,816 | €1,266 | -€1,550 | -55.0% |
| Cash at bank and in hand | 54/58 | €114,724 | €116,671 | +€1,947 | +1.7% |
| Deferred charges and accrued income | 490/1 | €4,867 | €4,935 | +€69 | +1.4% |
| Total equity and liabilities | 10/49 | €154,336 | €153,973 | -€363 | -0.2% |
| Equity | 10/15 | €59,637 | €66,931 | +€7,294 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,037 | €48,331 | +€7,294 | +17.8% |
| Distributable reserves | 133 | €41,037 | €48,331 | +€7,294 | +17.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €94,699 | €87,042 | -€7,658 | -8.1% |
| Amounts payable after more than one year | 17 | €1,628 | €0 | -€1,628 | -100.0% |
| Financial debts | 170/4 | €1,628 | €0 | -€1,628 | -100.0% |
| Amounts payable within one year | 42/48 | €93,071 | €87,042 | -€6,029 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €6,765 | €1,628 | -€5,137 | -75.9% |
| Financial debts | 43 | - | €771 | +€771 | |
| Other loans | 439 | - | €771 | +€771 | |
| Trade debts | 44 | €17,736 | €15,887 | -€1,849 | -10.4% |
| Suppliers | 440/4 | €17,736 | €15,887 | -€1,849 | -10.4% |
| Taxes, remuneration and social security | 45 | €28,483 | €25,421 | -€3,062 | -10.7% |
| Taxes | 450/3 | €16,611 | €10,954 | -€5,657 | -34.1% |
| Remuneration and social security | 454/9 | €11,872 | €14,467 | +€2,595 | +21.9% |
| Other amounts payable | 47/48 | €40,087 | €43,334 | +€3,247 | +8.1% |
| Non-recurring operating income | 76A | €451 | €0 | -€451 | -100.0% |
| Remuneration, social security and pensions | 62 | €119,703 | €119,690 | -€14 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,685 | €4,767 | -€919 | -16.2% |
| Other operating charges | 640/8 | €3,033 | €2,898 | -€135 | -4.5% |
| Gross operating margin | 9900 | €152,361 | €141,261 | -€11,100 | -7.3% |
| Operating profit (loss) | 9901 | €23,939 | €13,906 | -€10,033 | -41.9% |
| Financial income | 75/76B | €46 | €165 | +€119 | +257.5% |
| Recurring financial income | 75 | €46 | €165 | +€119 | +257.5% |
| Financial charges | 65/66B | €3,784 | €3,655 | -€130 | -3.4% |
| Recurring financial charges | 65 | €3,784 | €3,655 | -€130 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €20,201 | €10,417 | -€9,784 | -48.4% |
| Income taxes | 67/77 | €4,971 | €3,122 | -€1,849 | -37.2% |
| Profit (loss) for the period | 9904 | €15,230 | €7,294 | -€7,936 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,230 | €7,294 | -€7,936 | -52.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.