STAMMBAR: 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.
STAMMBAR
Largest movements
- Cash -€66,078
down €66,078 (-30.7%), from €215,388 to €149,310
mainly Receivables within one year (-€57,507) and Investment in fixed assets (net) (-€48,690)
- Receivables within one year +€57,507
up €57,507 (+92.8%), from €61,982 to €119,490
of which Trade receivables: +€62,915
- Tangible fixed assets +€36,806
up €36,806 (+76.9%), from €47,859 to €84,665
of which Other tangible fixed assets: +€39,243
- Stocks and contracts -€8,541
down €8,541 (-37.5%), from €22,799 to €14,258
- Other debts -€40,000
down €40,000 (-80.0%), from €50,000 to €10,000
- Profit (loss) carried forward +€34,189
up €34,189 (+24.3%), from €140,562 to €174,752
- Trade debts +€28,659
up €28,659 (+55.2%), from €51,892 to €80,552
- Tax, wage and social debts -€6,987
down €6,987 (-10.3%), from €67,693 to €60,706
of which Remuneration and social security: -€7,805
- Accrued charges and deferred income +€3,921
up €3,921 (+44.4%), from €8,822 to €12,744
- Staff costs +€70,839
up €70,839 (+41.1%), from €172,277 to €243,116
- Gross operating margin +€41,444
up €41,444 (+14.0%), from €296,713 to €338,157
- Taxes -€4,156
down €4,156 (-20.3%), from €20,515 to €16,359
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 | €357,293 | €377,076 | +€19,783 | +5.5% |
| Fixed assets | 21/28 | €48,195 | €85,000 | +€36,806 | +76.4% |
| Tangible fixed assets | 22/27 | €47,859 | €84,665 | +€36,806 | +76.9% |
| Plant, machinery and equipment | 23 | €4,591 | €3,144 | -€1,447 | -31.5% |
| Furniture and vehicles | 24 | €5,533 | €4,542 | -€991 | -17.9% |
| Other tangible fixed assets | 26 | €37,735 | €76,978 | +€39,243 | +104% |
| Financial fixed assets | 28 | €336 | €336 | = | 0.0% |
| Current assets | 29/58 | €309,098 | €292,075 | -€17,023 | -5.5% |
| Stocks and contracts in progress | 3 | €22,799 | €14,258 | -€8,541 | -37.5% |
| Stocks | 30/36 | €22,799 | €14,258 | -€8,541 | -37.5% |
| Amounts receivable within one year | 40/41 | €61,982 | €119,490 | +€57,507 | +92.8% |
| Trade receivables | 40 | €30,563 | €93,478 | +€62,915 | +206% |
| Other amounts receivable | 41 | €31,420 | €26,012 | -€5,408 | -17.2% |
| Cash at bank and in hand | 54/58 | €215,388 | €149,310 | -€66,078 | -30.7% |
| Deferred charges and accrued income | 490/1 | €8,928 | €9,017 | +€89 | +1.0% |
| Total equity and liabilities | 10/49 | €357,293 | €377,076 | +€19,783 | +5.5% |
| Equity | 10/15 | €178,885 | €213,074 | +€34,189 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,723 | €19,723 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,863 | €17,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,562 | €174,752 | +€34,189 | +24.3% |
| Amounts payable | 17/49 | €178,407 | €164,001 | -€14,406 | -8.1% |
| Amounts payable within one year | 42/48 | €169,585 | €151,257 | -€18,328 | -10.8% |
| Trade debts | 44 | €51,892 | €80,552 | +€28,659 | +55.2% |
| Suppliers | 440/4 | €51,892 | €80,552 | +€28,659 | +55.2% |
| Taxes, remuneration and social security | 45 | €67,693 | €60,706 | -€6,987 | -10.3% |
| Taxes | 450/3 | €30,191 | €31,009 | +€817 | +2.7% |
| Remuneration and social security | 454/9 | €37,501 | €29,697 | -€7,805 | -20.8% |
| Other amounts payable | 47/48 | €50,000 | €10,000 | -€40,000 | -80.0% |
| Accrued charges and deferred income | 492/3 | €8,822 | €12,744 | +€3,921 | +44.4% |
| Non-recurring operating income | 76A | - | €2,725 | +€2,725 | |
| Remuneration, social security and pensions | 62 | €172,277 | €243,116 | +€70,839 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,516 | €11,884 | +€2,368 | +24.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €16,373 | €8,218 | -€8,155 | -49.8% |
| Gross operating margin | 9900 | €296,713 | €338,157 | +€41,444 | +14.0% |
| Operating profit (loss) | 9901 | €98,160 | €74,539 | -€23,620 | -24.1% |
| Financial income | 75/76B | €379 | €565 | +€186 | +48.9% |
| Recurring financial income | 75 | €379 | €565 | +€186 | +48.9% |
| Financial charges | 65/66B | €14,127 | €14,556 | +€429 | +3.0% |
| Recurring financial charges | 65 | €14,127 | €14,556 | +€429 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €84,412 | €60,548 | -€23,864 | -28.3% |
| Income taxes | 67/77 | €20,515 | €16,359 | -€4,156 | -20.3% |
| Profit (loss) for the period | 9904 | €63,897 | €44,189 | -€19,707 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,897 | €44,189 | -€19,707 | -30.8% |
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 20 October 2026 via checked.be.