STAM SECURITY: 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 SECURITY
Largest movements
- Cash -€6,431
down €6,431 (-13.3%), from €48,404 to €41,972
mainly Receivables within one year (-€4,697) and Investment in fixed assets (net) (-€1,835)
- Receivables within one year +€4,697
up €4,697 (+51.9%), from €9,050 to €13,747
of which Trade receivables: +€6,773
- Tangible fixed assets +€1,323
up €1,323 (+174.3%), from €759 to €2,082
of which Furniture and vehicles: +€1,323
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,541
down €1,541 (-47.4%), from €3,250 to €1,709
- Taxes -€464
down €464 (-84.5%), from €548 to €85
- Other operating charges +€380
up €380 (+42.2%), from €899 to €1,278
- Financial income -€59
down €59 (-17.6%), from €338 to €278
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 | €58,744 | €58,195 | -€549 | -0.9% |
| Fixed assets | 21/28 | €759 | €2,082 | +€1,323 | +174.3% |
| Tangible fixed assets | 22/27 | €759 | €2,082 | +€1,323 | +174.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €759 | €2,082 | +€1,323 | +174.3% |
| Current assets | 29/58 | €57,985 | €56,113 | -€1,872 | -3.2% |
| Amounts receivable within one year | 40/41 | €9,050 | €13,747 | +€4,697 | +51.9% |
| Trade receivables | 40 | €2,862 | €9,635 | +€6,773 | +236.6% |
| Other amounts receivable | 41 | €6,188 | €4,111 | -€2,076 | -33.6% |
| Cash at bank and in hand | 54/58 | €48,404 | €41,972 | -€6,431 | -13.3% |
| Deferred charges and accrued income | 490/1 | €531 | €394 | -€138 | -25.9% |
| Total equity and liabilities | 10/49 | €58,744 | €58,195 | -€549 | -0.9% |
| Equity | 10/15 | €57,489 | €57,431 | -€58 | -0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,711 | -€10,769 | -€58 | -0.5% |
| Amounts payable | 17/49 | €1,255 | €764 | -€491 | -39.2% |
| Amounts payable within one year | 42/48 | €1,255 | €764 | -€491 | -39.2% |
| Trade debts | 44 | €366 | - | -€366 | |
| Suppliers | 440/4 | €366 | - | -€366 | |
| Taxes, remuneration and social security | 45 | €889 | €764 | -€125 | -14.1% |
| Taxes | 450/3 | €889 | €764 | -€125 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €512 | -€4 | -0.7% |
| Other operating charges | 640/8 | €899 | €1,278 | +€380 | +42.2% |
| Gross operating margin | 9900 | €3,250 | €1,709 | -€1,541 | -47.4% |
| Operating profit (loss) | 9901 | €1,836 | -€81 | -€1,917 | |
| Financial income | 75/76B | €338 | €278 | -€59 | -17.6% |
| Recurring financial income | 75 | €338 | €278 | -€59 | -17.6% |
| Financial charges | 65/66B | €140 | €170 | +€30 | +21.3% |
| Recurring financial charges | 65 | €140 | €170 | +€30 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €2,034 | €27 | -€2,006 | -98.7% |
| Income taxes | 67/77 | €548 | €85 | -€464 | -84.5% |
| Profit (loss) for the period | 9904 | €1,485 | -€58 | -€1,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,485 | -€58 | -€1,543 |
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 11 October 2026 via checked.be.