STAMGAU: 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.
STAMGAU
Largest movements
- Receivables within one year -€215,796
down €215,796 (-49.4%), from €436,579 to €220,783
of which Other amounts receivable: -€375,751
- Tangible fixed assets +€24,000
new in 2025: €24,000
of which Plant, machinery and equipment: +€21,600
- Cash +€18,904
new in 2025: €18,904
mainly Receivables within one year (+€215,796) and Other debts (+€52,843)
- Debts after one year -€295,970
down €295,970 (-98.7%), from €300,000 to €4,030
- Other debts +€52,843
new in 2025: €52,843
- Trade debts +€37,308
up €37,308 (+1775.0%), from €2,102 to €39,410
- Short-term financial debts +€28,140
up €28,140 (+4.4%), from €637,587 to €665,726
- Reserves +€14,171
up €14,171 (+90.7%), from €15,620 to €29,792
- Gross operating margin +€234,304
up €234,304 (+190.3%), from €123,154 to €357,458
- Financial charges +€65,958
up €65,958 (+64.7%), from €101,980 to €167,938
of which Non-recurring financial charges: +€135,000
- Depreciation +€6,000
new in 2025: €6,000
- Taxes +€5,886
new in 2025: €5,886
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 | €990,579 | €817,687 | -€172,892 | -17.5% |
| Fixed assets | 21/28 | €554,000 | €578,000 | +€24,000 | +4.3% |
| Tangible fixed assets | 22/27 | - | €24,000 | +€24,000 | |
| Plant, machinery and equipment | 23 | - | €21,600 | +€21,600 | |
| Furniture and vehicles | 24 | - | €2,400 | +€2,400 | |
| Financial fixed assets | 28 | €554,000 | €554,000 | = | 0.0% |
| Current assets | 29/58 | €436,579 | €239,687 | -€196,892 | -45.1% |
| Amounts receivable within one year | 40/41 | €436,579 | €220,783 | -€215,796 | -49.4% |
| Trade receivables | 40 | €59,808 | €219,763 | +€159,955 | +267.4% |
| Other amounts receivable | 41 | €376,771 | €1,020 | -€375,751 | -99.7% |
| Cash at bank and in hand | 54/58 | - | €18,904 | +€18,904 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €990,579 | €817,687 | -€172,892 | -17.5% |
| Equity | 10/15 | €35,620 | €49,792 | +€14,171 | +39.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,620 | €29,792 | +€14,171 | +90.7% |
| Distributable reserves | 133 | €15,620 | €29,792 | +€14,171 | +90.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €954,959 | €767,895 | -€187,063 | -19.6% |
| Amounts payable after more than one year | 17 | €300,000 | €4,030 | -€295,970 | -98.7% |
| Financial debts | 170/4 | €300,000 | €4,030 | -€295,970 | -98.7% |
| Amounts payable within one year | 42/48 | €654,729 | €763,865 | +€109,136 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €637,587 | €665,726 | +€28,140 | +4.4% |
| Credit institutions | 430/8 | €637,587 | €665,726 | +€28,140 | +4.4% |
| Trade debts | 44 | €2,102 | €39,410 | +€37,308 | +1775.0% |
| Suppliers | 440/4 | €2,102 | €39,410 | +€37,308 | +1775.0% |
| Taxes, remuneration and social security | 45 | €15,041 | €5,886 | -€9,155 | -60.9% |
| Taxes | 450/3 | €15,041 | €5,886 | -€9,155 | -60.9% |
| Other amounts payable | 47/48 | - | €52,843 | +€52,843 | |
| Accrued charges and deferred income | 492/3 | €230 | - | -€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €126 | €3,462 | +€3,336 | +2648.0% |
| Non-recurring operating charges | 66A | - | €160,000 | +€160,000 | |
| Gross operating margin | 9900 | €123,154 | €357,458 | +€234,304 | +190.3% |
| Operating profit (loss) | 9901 | €123,028 | €187,995 | +€64,967 | +52.8% |
| Financial income | 75/76B | €1,609 | €0 | -€1,609 | -100.0% |
| Recurring financial income | 75 | €1,609 | €0 | -€1,609 | -100.0% |
| Financial charges | 65/66B | €101,980 | €167,938 | +€65,958 | +64.7% |
| Recurring financial charges | 65 | €101,980 | €32,938 | -€69,042 | -67.7% |
| Non-recurring financial charges | 66B | €0 | €135,000 | +€135,000 | |
| Profit (loss) for the period before taxes | 9903 | €22,657 | €20,057 | -€2,600 | -11.5% |
| Income taxes | 67/77 | - | €5,886 | +€5,886 | |
| Profit (loss) for the period | 9904 | €22,657 | €14,171 | -€8,486 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,657 | €14,171 | -€8,486 | -37.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.