Stameko: what changed
Stameko
Largest movements
- Cash +€47,315
up €47,315 (+34.6%), from €136,792 to €184,107
mainly Net result for the year (+€94,069) and Receivables after one year (+€32,500)
- Receivables after one year -€32,500
no longer reported in 2026 (was €32,500)
- Tangible fixed assets -€20,030
down €20,030 (-22.5%), from €89,004 to €68,974
of which Furniture and vehicles: -€16,447
- Receivables within one year +€7,211
up €7,211 (+16.1%), from €44,732 to €51,943
of which Trade receivables: +€6,513
- Reserves +€94,069
up €94,069 (+51.6%), from €182,317 to €276,386
- Other debts -€84,466
no longer reported in 2026 (was €84,466)
- Tax, wage and social debts -€7,879
down €7,879 (-29.8%), from €26,416 to €18,537
- Taxes +€11,271
up €11,271 (+40.6%), from €27,735 to €39,006
- Gross operating margin +€8,911
up €8,911 (+6.1%), from €146,545 to €155,456
- Depreciation +€2,603
up €2,603 (+13.8%), from €18,882 to €21,485
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,547 | €306,444 | +€1,897 | +0.6% |
| Fixed assets | 21/28 | €89,004 | €68,974 | -€20,030 | -22.5% |
| Tangible fixed assets | 22/27 | €89,004 | €68,974 | -€20,030 | -22.5% |
| Plant, machinery and equipment | 23 | €2,613 | €2,997 | +€384 | +14.7% |
| Furniture and vehicles | 24 | €53,965 | €37,518 | -€16,447 | -30.5% |
| Other tangible fixed assets | 26 | €32,426 | €28,459 | -€3,967 | -12.2% |
| Current assets | 29/58 | €215,543 | €237,470 | +€21,927 | +10.2% |
| Amounts receivable after more than one year | 29 | €32,500 | - | -€32,500 | |
| Other amounts receivable | 291 | €32,500 | - | -€32,500 | |
| Amounts receivable within one year | 40/41 | €44,732 | €51,943 | +€7,211 | +16.1% |
| Trade receivables | 40 | €44,732 | €51,245 | +€6,513 | +14.6% |
| Other amounts receivable | 41 | - | €697 | +€697 | |
| Cash at bank and in hand | 54/58 | €136,792 | €184,107 | +€47,315 | +34.6% |
| Deferred charges and accrued income | 490/1 | €1,519 | €1,421 | -€98 | -6.5% |
| Total equity and liabilities | 10/49 | €304,547 | €306,444 | +€1,897 | +0.6% |
| Equity | 10/15 | €192,317 | €286,386 | +€94,069 | +48.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €182,317 | €276,386 | +€94,069 | +51.6% |
| Distributable reserves | 133 | €182,317 | €276,386 | +€94,069 | +51.6% |
| Amounts payable | 17/49 | €112,230 | €20,058 | -€92,172 | -82.1% |
| Amounts payable within one year | 42/48 | €112,230 | €20,058 | -€92,172 | -82.1% |
| Trade debts | 44 | €1,348 | €1,521 | +€173 | +12.8% |
| Suppliers | 440/4 | €1,348 | €1,521 | +€173 | +12.8% |
| Taxes, remuneration and social security | 45 | €26,416 | €18,537 | -€7,879 | -29.8% |
| Taxes | 450/3 | €26,416 | €18,537 | -€7,879 | -29.8% |
| Other amounts payable | 47/48 | €84,466 | - | -€84,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,882 | €21,485 | +€2,603 | +13.8% |
| Other operating charges | 640/8 | €1,244 | €1,254 | +€10 | +0.8% |
| Gross operating margin | 9900 | €146,545 | €155,456 | +€8,911 | +6.1% |
| Operating profit (loss) | 9901 | €126,419 | €132,717 | +€6,298 | +5.0% |
| Financial income | 75/76B | €1,268 | €423 | -€845 | -66.7% |
| Recurring financial income | 75 | €1,268 | €423 | -€845 | -66.7% |
| Financial charges | 65/66B | €63 | €65 | +€2 | +2.4% |
| Recurring financial charges | 65 | €63 | €65 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €127,624 | €133,075 | +€5,451 | +4.3% |
| Income taxes | 67/77 | €27,735 | €39,006 | +€11,271 | +40.6% |
| Profit (loss) for the period | 9904 | €99,889 | €94,069 | -€5,820 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,889 | €94,069 | -€5,820 | -5.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.