Staminal: 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.
Staminal
Largest movements
- Cash +€137,194
up €137,194 (+52.9%), from €259,462 to €396,656
mainly Net result for the year (+€120,462) and Current investments (+€67,384)
- Current investments -€67,384
down €67,384 (-21.1%), from €319,878 to €252,494
- Tangible fixed assets -€21,970
down €21,970 (-35.9%), from €61,197 to €39,227
- Receivables within one year +€13,923
up €13,923 (+84.6%), from €16,457 to €30,380
of which Trade receivables: +€13,479
- Reserves +€54,450
up €54,450 (+8.7%), from €626,348 to €680,798
- Tax, wage and social debts +€8,970
up €8,970 (+42.9%), from €20,902 to €29,872
- Gross operating margin +€70,175
up €70,175 (+60.3%), from €116,350 to €186,525
- Taxes +€24,739
up €24,739 (+89.7%), from €27,573 to €52,312
- Financial income +€6,727
up €6,727 (+168.3%), from €3,997 to €10,724
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 | €660,400 | €722,172 | +€61,772 | +9.4% |
| Fixed assets | 21/28 | €61,197 | €39,227 | -€21,970 | -35.9% |
| Tangible fixed assets | 22/27 | €61,197 | €39,227 | -€21,970 | -35.9% |
| Furniture and vehicles | 24 | €61,197 | €39,227 | -€21,970 | -35.9% |
| Current assets | 29/58 | €599,203 | €682,944 | +€83,742 | +14.0% |
| Amounts receivable within one year | 40/41 | €16,457 | €30,380 | +€13,923 | +84.6% |
| Trade receivables | 40 | €3,157 | €16,635 | +€13,479 | +427.0% |
| Other amounts receivable | 41 | €13,300 | €13,744 | +€444 | +3.3% |
| Current investments | 50/53 | €319,878 | €252,494 | -€67,384 | -21.1% |
| Cash at bank and in hand | 54/58 | €259,462 | €396,656 | +€137,194 | +52.9% |
| Deferred charges and accrued income | 490/1 | €3,406 | €3,415 | +€9 | +0.3% |
| Total equity and liabilities | 10/49 | €660,400 | €722,172 | +€61,772 | +9.4% |
| Equity | 10/15 | €633,597 | €688,059 | +€54,462 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €626,348 | €680,798 | +€54,450 | +8.7% |
| Distributable reserves | 133 | €626,348 | €680,798 | +€54,450 | +8.7% |
| Profit (loss) carried forward | 14 | €1,049 | €1,061 | +€12 | +1.2% |
| Amounts payable | 17/49 | €26,803 | €34,113 | +€7,310 | +27.3% |
| Amounts payable within one year | 42/48 | €26,803 | €34,113 | +€7,310 | +27.3% |
| Trade debts | 44 | €1,236 | €966 | -€270 | -21.8% |
| Suppliers | 440/4 | €1,236 | €966 | -€270 | -21.8% |
| Taxes, remuneration and social security | 45 | €20,902 | €29,872 | +€8,970 | +42.9% |
| Taxes | 450/3 | €20,902 | €29,872 | +€8,970 | +42.9% |
| Other amounts payable | 47/48 | €4,666 | €3,275 | -€1,391 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,030 | €21,970 | +€940 | +4.5% |
| Other operating charges | 640/8 | €1,540 | €2,173 | +€633 | +41.1% |
| Gross operating margin | 9900 | €116,350 | €186,525 | +€70,175 | +60.3% |
| Operating profit (loss) | 9901 | €93,780 | €162,382 | +€68,602 | +73.2% |
| Financial income | 75/76B | €3,997 | €10,724 | +€6,727 | +168.3% |
| Recurring financial income | 75 | €3,997 | €10,724 | +€6,727 | +168.3% |
| Financial charges | 65/66B | €115 | €332 | +€217 | +189.1% |
| Recurring financial charges | 65 | €115 | €332 | +€217 | +189.1% |
| Profit (loss) for the period before taxes | 9903 | €97,662 | €172,774 | +€75,112 | +76.9% |
| Income taxes | 67/77 | €27,573 | €52,312 | +€24,739 | +89.7% |
| Profit (loss) for the period | 9904 | €70,089 | €120,462 | +€50,374 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,089 | €120,462 | +€50,374 | +71.9% |
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 8 October 2026 via checked.be.