STAMS: 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.
STAMS
Largest movements
- Receivables after one year -€62,664
down €62,664 (-100.0%), from €62,664 to €0
- Receivables within one year +€41,119
up €41,119 (+201.8%), from €20,374 to €61,494
of which Other amounts receivable: +€58,059
- Cash -€23,444
down €23,444 (-88.9%), from €26,371 to €2,926
mainly Contributions, distributions and other (-€44,000) and Receivables within one year (-€41,119)
- Tangible fixed assets -€11,163
down €11,163 (-14.9%), from €75,125 to €63,962
of which Other tangible fixed assets: -€8,887
- Other debts -€26,000
down €26,000 (-37.1%), from €70,000 to €44,000
- Profit (loss) carried forward -€20,339
down €20,339 (-94.7%), from €21,472 to €1,133
- Debts after one year -€10,602
down €10,602 (-22.3%), from €47,596 to €36,993
- Gross operating margin -€59,573
down €59,573 (-55.9%), from €106,619 to €47,045
- Taxes -€10,724
down €10,724 (-54.5%), from €19,682 to €8,959
- Depreciation -€1,881
down €1,881 (-14.4%), from €13,044 to €11,163
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 | €199,097 | €141,743 | -€57,354 | -28.8% |
| Fixed assets | 21/28 | €75,125 | €63,962 | -€11,163 | -14.9% |
| Tangible fixed assets | 22/27 | €75,125 | €63,962 | -€11,163 | -14.9% |
| Plant, machinery and equipment | 23 | €1,025 | €749 | -€276 | -26.9% |
| Furniture and vehicles | 24 | €7,254 | €5,253 | -€2,001 | -27.6% |
| Other tangible fixed assets | 26 | €66,847 | €57,960 | -€8,887 | -13.3% |
| Current assets | 29/58 | €123,972 | €77,781 | -€46,190 | -37.3% |
| Amounts receivable after more than one year | 29 | €62,664 | €0 | -€62,664 | -100.0% |
| Other amounts receivable | 291 | €62,664 | €0 | -€62,664 | -100.0% |
| Amounts receivable within one year | 40/41 | €20,374 | €61,494 | +€41,119 | +201.8% |
| Trade receivables | 40 | €16,940 | €0 | -€16,940 | -100.0% |
| Other amounts receivable | 41 | €3,434 | €61,494 | +€58,059 | +1690.6% |
| Cash at bank and in hand | 54/58 | €26,371 | €2,926 | -€23,444 | -88.9% |
| Deferred charges and accrued income | 490/1 | €14,563 | €13,361 | -€1,202 | -8.3% |
| Total equity and liabilities | 10/49 | €199,097 | €141,743 | -€57,354 | -28.8% |
| Equity | 10/15 | €41,932 | €21,593 | -€20,339 | -48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,472 | €1,133 | -€20,339 | -94.7% |
| Amounts payable | 17/49 | €157,164 | €120,150 | -€37,014 | -23.6% |
| Amounts payable after more than one year | 17 | €47,596 | €36,993 | -€10,602 | -22.3% |
| Financial debts | 170/4 | €47,596 | €36,993 | -€10,602 | -22.3% |
| Amounts payable within one year | 42/48 | €109,569 | €82,525 | -€27,044 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €10,256 | €10,602 | +€346 | +3.4% |
| Financial debts | 43 | €17,250 | €17,250 | = | 0.0% |
| Credit institutions | 430/8 | €17,250 | €17,250 | = | 0.0% |
| Trade debts | 44 | €3,973 | €2,550 | -€1,423 | -35.8% |
| Suppliers | 440/4 | €3,973 | €2,550 | -€1,423 | -35.8% |
| Taxes, remuneration and social security | 45 | €8,090 | €8,123 | +€33 | +0.4% |
| Taxes | 450/3 | €8,090 | €8,123 | +€33 | +0.4% |
| Other amounts payable | 47/48 | €70,000 | €44,000 | -€26,000 | -37.1% |
| Accrued charges and deferred income | 492/3 | - | €632 | +€632 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,044 | €11,163 | -€1,881 | -14.4% |
| Other operating charges | 640/8 | €1,828 | €1,705 | -€123 | -6.7% |
| Gross operating margin | 9900 | €106,619 | €47,045 | -€59,573 | -55.9% |
| Operating profit (loss) | 9901 | €91,746 | €34,177 | -€57,569 | -62.7% |
| Financial income | 75/76B | €1,631 | €1,348 | -€283 | -17.3% |
| Recurring financial income | 75 | €1,631 | €1,348 | -€283 | -17.3% |
| Financial charges | 65/66B | €3,419 | €2,906 | -€513 | -15.0% |
| Recurring financial charges | 65 | €3,419 | €2,906 | -€513 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €89,958 | €32,619 | -€57,339 | -63.7% |
| Income taxes | 67/77 | €19,682 | €8,959 | -€10,724 | -54.5% |
| Profit (loss) for the period | 9904 | €70,276 | €23,661 | -€46,615 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,276 | €23,661 | -€46,615 | -66.3% |
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 7 October 2026 via checked.be.