STAMLETO: 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.
STAMLETO
Largest movements
- Cash -€128,662
down €128,662 (-97.0%), from €132,595 to €3,933
mainly Other debts (-€154,952) and Contributions, distributions and other (-€84,211)
- Current investments -€100,740
no longer reported in 2025 (was €100,740)
- Other debts -€154,952
down €154,952 (-50.4%), from €307,574 to €152,622
- Reserves -€84,211
down €84,211 (-20.3%), from €413,852 to €329,642
- Financial income +€5,121
up €5,121 (+184%), from €2,781 to €7,902
- Financial charges +€795
up €795 (+31.4%), from €2,527 to €3,322
- Gross operating margin +€454
up €454 (+83.3%), from -€544 to -€91
- Other operating charges +€31
up €31 (+2.7%), from €1,130 to €1,160
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.
Derived cash bridge
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 | €1,043,477 | €807,644 | -€235,833 | -22.6% |
| Fixed assets | 21/28 | €682,579 | €682,579 | = | 0.0% |
| Financial fixed assets | 28 | €682,579 | €682,579 | = | 0.0% |
| Current assets | 29/58 | €360,898 | €125,065 | -€235,833 | -65.3% |
| Amounts receivable after more than one year | 29 | €116,730 | €116,730 | = | 0.0% |
| Other amounts receivable | 291 | €116,730 | €116,730 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,833 | €4,402 | -€6,431 | -59.4% |
| Other amounts receivable | 41 | €10,833 | €4,402 | -€6,431 | -59.4% |
| Current investments | 50/53 | €100,740 | - | -€100,740 | |
| Cash at bank and in hand | 54/58 | €132,595 | €3,933 | -€128,662 | -97.0% |
| Total equity and liabilities | 10/49 | €1,043,477 | €807,644 | -€235,833 | -22.6% |
| Equity | 10/15 | €735,803 | €654,922 | -€80,881 | -11.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Revaluation surpluses | 12 | €332,629 | €332,629 | = | 0.0% |
| Reserves | 13 | €413,852 | €329,642 | -€84,211 | -20.3% |
| Distributable reserves | 133 | €413,852 | €329,642 | -€84,211 | -20.3% |
| Profit (loss) carried forward | 14 | -€10,778 | -€7,448 | +€3,329 | +30.9% |
| Amounts payable | 17/49 | €307,674 | €152,722 | -€154,952 | -50.4% |
| Amounts payable within one year | 42/48 | €307,674 | €152,622 | -€155,052 | -50.4% |
| Trade debts | 44 | €100 | - | -€100 | |
| Suppliers | 440/4 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €307,574 | €152,622 | -€154,952 | -50.4% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Other operating charges | 640/8 | €1,130 | €1,160 | +€31 | +2.7% |
| Gross operating margin | 9900 | -€544 | -€91 | +€454 | +83.3% |
| Operating profit (loss) | 9901 | -€1,674 | -€1,251 | +€423 | +25.3% |
| Financial income | 75/76B | €2,781 | €7,902 | +€5,121 | +184% |
| Recurring financial income | 75 | €2,781 | €7,902 | +€5,121 | +184% |
| Financial charges | 65/66B | €2,527 | €3,322 | +€795 | +31.4% |
| Recurring financial charges | 65 | €2,527 | €3,322 | +€795 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,420 | €3,329 | +€4,749 | |
| Profit (loss) for the period | 9904 | -€1,420 | €3,329 | +€4,749 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,420 | €3,329 | +€4,749 |
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 17 October 2026 via checked.be.