STAM: 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.
STAM
Largest movements
- Receivables within one year -€30,082
down €30,082 (-40.8%), from €73,772 to €43,690
of which Other amounts receivable: -€31,667
- Stocks and contracts +€3,496
up €3,496 (+10.1%), from €34,504 to €38,000
- Cash +€1,846
up €1,846 (+738.2%), from €250 to €2,096
mainly Receivables within one year (+€30,082) and Short-term financial debts (+€6,415)
- Tax, wage and social debts -€9,689
down €9,689 (-37.9%), from €25,574 to €15,885
- Profit (loss) carried forward -€9,093
new in 2024: -€9,093
- Other debts -€7,108
no longer reported in 2024 (was €7,108)
- Short-term financial debts +€6,415
up €6,415 (+49.0%), from €13,091 to €19,506
- Accrued charges and deferred income -€2,267
no longer reported in 2024 (was €2,267)
- Gross operating margin -€33,267
down €33,267, from €25,417 to -€7,849
- Other operating charges -€3,282
down €3,282 (-69.8%), from €4,703 to €1,421
- Financial income -€2,268
down €2,268 (-52.3%), from €4,338 to €2,070
- Taxes -€1,400
no longer reported in 2024 (was €1,400)
- Financial charges -€561
down €561 (-12.0%), from €4,680 to €4,118
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,592 | €88,600 | -€24,993 | -22.0% |
| Fixed assets | 21/28 | €3,069 | €3,069 | = | 0.0% |
| Financial fixed assets | 28 | €3,069 | €3,069 | = | 0.0% |
| Current assets | 29/58 | €110,523 | €85,530 | -€24,993 | -22.6% |
| Stocks and contracts in progress | 3 | €34,504 | €38,000 | +€3,496 | +10.1% |
| Stocks | 30/36 | €34,504 | €38,000 | +€3,496 | +10.1% |
| Amounts receivable within one year | 40/41 | €73,772 | €43,690 | -€30,082 | -40.8% |
| Trade receivables | 40 | €2,379 | €3,964 | +€1,585 | +66.6% |
| Other amounts receivable | 41 | €71,393 | €39,726 | -€31,667 | -44.4% |
| Cash at bank and in hand | 54/58 | €250 | €2,096 | +€1,846 | +738.2% |
| Deferred charges and accrued income | 490/1 | €1,997 | €1,745 | -€252 | -12.6% |
| Total equity and liabilities | 10/49 | €113,592 | €88,600 | -€24,993 | -22.0% |
| Equity | 10/15 | €22,425 | €11,107 | -€11,318 | -50.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,225 | €14,000 | -€2,225 | -13.7% |
| Distributable reserves | 133 | €16,225 | €14,000 | -€2,225 | -13.7% |
| Profit (loss) carried forward | 14 | - | -€9,093 | -€9,093 | |
| Amounts payable | 17/49 | €91,167 | €77,492 | -€13,674 | -15.0% |
| Amounts payable within one year | 42/48 | €88,900 | €77,492 | -€11,407 | -12.8% |
| Financial debts | 43 | €13,091 | €19,506 | +€6,415 | +49.0% |
| Credit institutions | 430/8 | €13,091 | €19,506 | +€6,415 | +49.0% |
| Trade debts | 44 | €43,126 | €42,101 | -€1,025 | -2.4% |
| Suppliers | 440/4 | €43,126 | €42,101 | -€1,025 | -2.4% |
| Taxes, remuneration and social security | 45 | €25,574 | €15,885 | -€9,689 | -37.9% |
| Taxes | 450/3 | €25,574 | €15,885 | -€9,689 | -37.9% |
| Other amounts payable | 47/48 | €7,108 | - | -€7,108 | |
| Accrued charges and deferred income | 492/3 | €2,267 | - | -€2,267 | |
| Other operating charges | 640/8 | €4,703 | €1,421 | -€3,282 | -69.8% |
| Gross operating margin | 9900 | €25,417 | -€7,849 | -€33,267 | |
| Operating profit (loss) | 9901 | €20,715 | -€9,270 | -€29,985 | |
| Financial income | 75/76B | €4,338 | €2,070 | -€2,268 | -52.3% |
| Recurring financial income | 75 | €4,338 | €2,070 | -€2,268 | -52.3% |
| Financial charges | 65/66B | €4,680 | €4,118 | -€561 | -12.0% |
| Recurring financial charges | 65 | €4,680 | €4,118 | -€561 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €20,373 | -€11,318 | -€31,691 | |
| Income taxes | 67/77 | €1,400 | - | -€1,400 | |
| Profit (loss) for the period | 9904 | €18,973 | -€11,318 | -€30,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,973 | -€11,318 | -€30,291 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.