Stama Estates: 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.
Stama Estates
Largest movements
- Receivables within one year -€25,980
down €25,980 (-14.6%), from €178,435 to €152,456
- Stocks and contracts -€15,536
down €15,536 (-7.3%), from €213,512 to €197,975
- Other debts -€51,178
down €51,178 (-60.4%), from €84,769 to €33,591
- Trade debts +€13,116
up €13,116 (+133.0%), from €9,864 to €22,980
- Gross operating margin -€28,568
down €28,568 (-88.9%), from €32,146 to €3,577
- Other operating charges -€5,112
down €5,112 (-66.5%), from €7,691 to €2,580
- Financial charges -€3,628
down €3,628 (-47.0%), from €7,714 to €4,087
- Taxes -€3,456
no longer reported in 2025 (was €3,456)
- Depreciation -€537
down €537 (-96.9%), from €554 to €17
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 | €407,319 | €365,873 | -€41,446 | -10.2% |
| Formation expenses | 20 | €17 | - | -€17 | |
| Current assets | 29/58 | €407,302 | €365,873 | -€41,429 | -10.2% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €213,512 | €197,975 | -€15,536 | -7.3% |
| Stocks | 30/36 | €213,512 | €197,975 | -€15,536 | -7.3% |
| Amounts receivable within one year | 40/41 | €178,435 | €152,456 | -€25,980 | -14.6% |
| Other amounts receivable | 41 | €178,435 | €152,456 | -€25,980 | -14.6% |
| Cash at bank and in hand | 54/58 | €355 | €442 | +€87 | +24.3% |
| Total equity and liabilities | 10/49 | €407,319 | €365,873 | -€41,446 | -10.2% |
| Equity | 10/15 | €50,633 | €47,527 | -€3,106 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,433 | €41,327 | -€3,106 | -7.0% |
| Distributable reserves | 133 | €44,433 | €41,327 | -€3,106 | -7.0% |
| Amounts payable | 17/49 | €356,686 | €318,346 | -€38,340 | -10.7% |
| Amounts payable after more than one year | 17 | €253,583 | €252,790 | -€793 | -0.3% |
| Financial debts | 170/4 | €177,113 | €189,120 | +€12,007 | +6.8% |
| Other amounts payable | 178/9 | €76,470 | €63,670 | -€12,800 | -16.7% |
| Amounts payable within one year | 42/48 | €103,103 | €65,041 | -€38,062 | -36.9% |
| Trade debts | 44 | €9,864 | €22,980 | +€13,116 | +133.0% |
| Suppliers | 440/4 | €9,864 | €22,980 | +€13,116 | +133.0% |
| Taxes, remuneration and social security | 45 | €8,471 | €8,471 | = | 0.0% |
| Taxes | 450/3 | €3,456 | €3,456 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,015 | €5,015 | = | 0.0% |
| Other amounts payable | 47/48 | €84,769 | €33,591 | -€51,178 | -60.4% |
| Accrued charges and deferred income | 492/3 | - | €515 | +€515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €554 | €17 | -€537 | -96.9% |
| Other operating charges | 640/8 | €7,691 | €2,580 | -€5,112 | -66.5% |
| Gross operating margin | 9900 | €32,146 | €3,577 | -€28,568 | -88.9% |
| Operating profit (loss) | 9901 | €23,900 | €981 | -€22,919 | -95.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,714 | €4,087 | -€3,628 | -47.0% |
| Recurring financial charges | 65 | €7,714 | €4,087 | -€3,628 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €16,186 | -€3,106 | -€19,292 | |
| Income taxes | 67/77 | €3,456 | - | -€3,456 | |
| Profit (loss) for the period | 9904 | €12,730 | -€3,106 | -€15,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,730 | -€3,106 | -€15,836 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.