STAM PROJECT: 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 PROJECT
Largest movements
- Receivables within one year +€17,859
up €17,859 (+119.8%), from €14,911 to €32,770
of which Other amounts receivable: +€21,670
- Cash +€6,703
up €6,703 (+295.1%), from €2,271 to €8,974
mainly Net result for the year (+€20,676) and Tax, wage and social debts (+€8,133)
- Profit (loss) carried forward +€20,676
up €20,676 (+216.5%), from €9,548 to €30,224
- Tax, wage and social debts +€8,133
up €8,133 (+340.7%), from €2,387 to €10,520
of which Taxes: +€5,170
- Other debts -€3,289
no longer reported in 2024 (was €3,289)
- Trade debts -€958
no longer reported in 2024 (was €958)
- Gross operating margin +€13,910
up €13,910 (+116.5%), from €11,935 to €25,845
- Taxes +€2,782
up €2,782 (+116.5%), from €2,387 to €5,169
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 | €17,182 | €41,744 | +€24,562 | +142.9% |
| Current assets | 29/58 | €17,182 | €41,744 | +€24,562 | +142.9% |
| Amounts receivable within one year | 40/41 | €14,911 | €32,770 | +€17,859 | +119.8% |
| Trade receivables | 40 | €3,811 | - | -€3,811 | |
| Other amounts receivable | 41 | €11,100 | €32,770 | +€21,670 | +195.2% |
| Cash at bank and in hand | 54/58 | €2,271 | €8,974 | +€6,703 | +295.1% |
| Total equity and liabilities | 10/49 | €17,182 | €41,744 | +€24,562 | +142.9% |
| Equity | 10/15 | €10,548 | €31,224 | +€20,676 | +196.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,548 | €30,224 | +€20,676 | +216.5% |
| Amounts payable | 17/49 | €6,634 | €10,520 | +€3,886 | +58.6% |
| Amounts payable within one year | 42/48 | €6,634 | €10,520 | +€3,886 | +58.6% |
| Trade debts | 44 | €958 | - | -€958 | |
| Suppliers | 440/4 | €958 | - | -€958 | |
| Taxes, remuneration and social security | 45 | €2,387 | €10,520 | +€8,133 | +340.7% |
| Taxes | 450/3 | €2,387 | €7,557 | +€5,170 | +216.6% |
| Remuneration and social security | 454/9 | - | €2,963 | +€2,963 | |
| Other amounts payable | 47/48 | €3,289 | - | -€3,289 | |
| Gross operating margin | 9900 | €11,935 | €25,845 | +€13,910 | +116.5% |
| Operating profit (loss) | 9901 | €11,935 | €25,845 | +€13,910 | +116.5% |
| Profit (loss) for the period before taxes | 9903 | €11,935 | €25,845 | +€13,910 | +116.5% |
| Income taxes | 67/77 | €2,387 | €5,169 | +€2,782 | +116.5% |
| Profit (loss) for the period | 9904 | €9,548 | €20,676 | +€11,128 | +116.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,548 | €20,676 | +€11,128 | +116.5% |
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.