STAS OPHANGSYSTEMEN: 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.
STAS OPHANGSYSTEMEN
Largest movements
- Cash +€84,473
up €84,473 (+143%), from €58,886 to €143,359
mainly Net result for the year (+€48,047) and Tax, wage and social debts (+€24,109)
- Receivables within one year +€5,567
up €5,567 (+13.0%), from €42,681 to €48,248
of which Trade receivables: +€5,563
- Profit (loss) carried forward +€48,047
up €48,047 (+474%), from €10,144 to €58,191
- Tax, wage and social debts +€24,109
up €24,109 (+175%), from €13,815 to €37,924
- Trade debts +€17,298
up €17,298 (+88.4%), from €19,567 to €36,865
- Gross operating margin +€19,336
up €19,336 (+37.7%), from €51,323 to €70,659
- Write-downs +€6,401
up €6,401, from -€1,938 to €4,463
- Taxes +€3,608
up €3,608 (+26.0%), from €13,883 to €17,490
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 | €104,572 | €194,027 | +€89,454 | +85.5% |
| Fixed assets | 21/28 | €3,006 | €2,420 | -€585 | -19.5% |
| Tangible fixed assets | 22/27 | €3,006 | €2,420 | -€585 | -19.5% |
| Furniture and vehicles | 24 | €356 | €178 | -€178 | -50.0% |
| Other tangible fixed assets | 26 | €2,650 | €2,242 | -€407 | -15.4% |
| Current assets | 29/58 | €101,567 | €191,607 | +€90,040 | +88.7% |
| Amounts receivable within one year | 40/41 | €42,681 | €48,248 | +€5,567 | +13.0% |
| Trade receivables | 40 | €42,681 | €48,244 | +€5,563 | +13.0% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €58,886 | €143,359 | +€84,473 | +143% |
| Total equity and liabilities | 10/49 | €104,572 | €194,027 | +€89,454 | +85.5% |
| Equity | 10/15 | €71,191 | €119,238 | +€48,047 | +67.5% |
| Contributions | 10/11 | €33,989 | €33,989 | = | 0.0% |
| Reserves | 13 | €27,059 | €27,059 | = | 0.0% |
| Distributable reserves | 133 | €27,059 | €27,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,144 | €58,191 | +€48,047 | +474% |
| Amounts payable | 17/49 | €33,381 | €74,789 | +€41,407 | +124% |
| Amounts payable within one year | 42/48 | €33,381 | €74,789 | +€41,407 | +124% |
| Trade debts | 44 | €19,567 | €36,865 | +€17,298 | +88.4% |
| Suppliers | 440/4 | €19,567 | €36,865 | +€17,298 | +88.4% |
| Taxes, remuneration and social security | 45 | €13,815 | €37,924 | +€24,109 | +175% |
| Taxes | 450/3 | €13,815 | €37,924 | +€24,109 | +175% |
| Remuneration, social security and pensions | 62 | - | -€499 | -€499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €585 | -€208 | -26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,938 | €4,463 | +€6,401 | |
| Other operating charges | 640/8 | €617 | €232 | -€385 | -62.4% |
| Gross operating margin | 9900 | €51,323 | €70,659 | +€19,336 | +37.7% |
| Operating profit (loss) | 9901 | €51,850 | €65,878 | +€14,028 | +27.1% |
| Financial charges | 65/66B | €1,035 | €341 | -€694 | -67.1% |
| Recurring financial charges | 65 | €1,035 | €341 | -€694 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €50,815 | €65,537 | +€14,722 | +29.0% |
| Income taxes | 67/77 | €13,883 | €17,490 | +€3,608 | +26.0% |
| Profit (loss) for the period | 9904 | €36,932 | €48,047 | +€11,115 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,932 | €48,047 | +€11,115 | +30.1% |
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 28 October 2026 via checked.be.