STEFANO & FILS: 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.
STEFANO & FILS
Largest movements
- Cash +€498
up €498 (+99.3%), from €501 to €999
mainly Net result for the year (+€4,659) and Stocks and contracts (+€242)
- Receivables within one year +€427
up €427 (+34.6%), from €1,236 to €1,663
- Stocks and contracts -€242
down €242 (-7.5%), from €3,200 to €2,959
- Profit (loss) carried forward +€4,659
up €4,659 (+10.6%), from -€43,990 to -€39,330
- Trade debts -€3,976
down €3,976 (-18.4%), from €21,552 to €17,576
- Gross operating margin +€1,600
up €1,600 (+49.4%), from €3,242 to €4,843
- Other operating charges -€492
no longer reported in 2025 (was €492)
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 | €5,071 | €5,755 | +€684 | +13.5% |
| Fixed assets | 21/28 | €134 | €134 | = | 0.0% |
| Financial fixed assets | 28 | €134 | €134 | = | 0.0% |
| Current assets | 29/58 | €4,937 | €5,621 | +€684 | +13.8% |
| Stocks and contracts in progress | 3 | €3,200 | €2,959 | -€242 | -7.5% |
| Stocks | 30/36 | €3,200 | €2,959 | -€242 | -7.5% |
| Amounts receivable within one year | 40/41 | €1,236 | €1,663 | +€427 | +34.6% |
| Other amounts receivable | 41 | €1,236 | €1,663 | +€427 | +34.6% |
| Cash at bank and in hand | 54/58 | €501 | €999 | +€498 | +99.3% |
| Total equity and liabilities | 10/49 | €5,071 | €5,755 | +€684 | +13.5% |
| Equity | 10/15 | -€25,390 | -€20,730 | +€4,659 | +18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,990 | -€39,330 | +€4,659 | +10.6% |
| Amounts payable | 17/49 | €30,461 | €26,485 | -€3,976 | -13.1% |
| Amounts payable within one year | 42/48 | €30,461 | €26,485 | -€3,976 | -13.1% |
| Trade debts | 44 | €21,552 | €17,576 | -€3,976 | -18.4% |
| Suppliers | 440/4 | €21,552 | €17,576 | -€3,976 | -18.4% |
| Other amounts payable | 47/48 | €8,909 | €8,909 | = | 0.0% |
| Other operating charges | 640/8 | €492 | - | -€492 | |
| Gross operating margin | 9900 | €3,242 | €4,843 | +€1,600 | +49.4% |
| Operating profit (loss) | 9901 | €2,750 | €4,843 | +€2,092 | +76.1% |
| Financial charges | 65/66B | €196 | €184 | -€12 | -6.3% |
| Recurring financial charges | 65 | €196 | €184 | -€12 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €2,554 | €4,659 | +€2,105 | +82.4% |
| Profit (loss) for the period | 9904 | €2,554 | €4,659 | +€2,105 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,554 | €4,659 | +€2,105 | +82.4% |
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 31 October 2026 via checked.be.