STELLA CORP: 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.
STELLA CORP
Largest movements
- Tangible fixed assets -€2,281
down €2,281 (-35.9%), from €6,360 to €4,079
- Receivables within one year +€1,002
up €1,002 (+3574.4%), from €28 to €1,030
of which Trade receivables: +€793
- Cash -€879
down €879 (-62.2%), from €1,412 to €533
mainly Net result for the year (-€9,356) and Receivables within one year (-€1,002)
- Profit (loss) carried forward -€9,356
down €9,356 (-36.5%), from -€25,643 to -€34,999
- Other debts +€8,200
up €8,200 (+37.8%), from €21,703 to €29,903
- Tax, wage and social debts -€948
down €948 (-84.7%), from €1,118 to €171
of which Taxes: -€948
- Gross operating margin +€7,276
up €7,276 (+54.2%), from -€13,428 to -€6,152
- Financial charges -€1,050
down €1,050 (-71.5%), from €1,468 to €418
- Depreciation +€608
up €608 (+36.4%), from €1,673 to €2,281
- Taxes -€346
down €346, from €311 to -€35
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 | €7,800 | €5,642 | -€2,158 | -27.7% |
| Fixed assets | 21/28 | €6,360 | €4,079 | -€2,281 | -35.9% |
| Tangible fixed assets | 22/27 | €6,360 | €4,079 | -€2,281 | -35.9% |
| Furniture and vehicles | 24 | €6,360 | €4,079 | -€2,281 | -35.9% |
| Current assets | 29/58 | €1,440 | €1,563 | +€123 | +8.5% |
| Amounts receivable within one year | 40/41 | €28 | €1,030 | +€1,002 | +3574.4% |
| Trade receivables | 40 | - | €793 | +€793 | |
| Other amounts receivable | 41 | €28 | €237 | +€209 | +745.5% |
| Cash at bank and in hand | 54/58 | €1,412 | €533 | -€879 | -62.2% |
| Total equity and liabilities | 10/49 | €7,800 | €5,642 | -€2,158 | -27.7% |
| Equity | 10/15 | -€17,219 | -€26,576 | -€9,356 | -54.3% |
| Contributions | 10/11 | €6,267 | €6,267 | = | 0.0% |
| Reserves | 13 | €2,157 | €2,157 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,157 | €2,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,643 | -€34,999 | -€9,356 | -36.5% |
| Amounts payable | 17/49 | €25,019 | €32,217 | +€7,198 | +28.8% |
| Amounts payable within one year | 42/48 | €25,019 | €32,217 | +€7,198 | +28.8% |
| Trade debts | 44 | €2,198 | €2,143 | -€55 | -2.5% |
| Suppliers | 440/4 | €2,198 | €2,143 | -€55 | -2.5% |
| Taxes, remuneration and social security | 45 | €1,118 | €171 | -€948 | -84.7% |
| Taxes | 450/3 | €950 | €3 | -€948 | -99.7% |
| Remuneration and social security | 454/9 | €168 | €168 | = | 0.0% |
| Other amounts payable | 47/48 | €21,703 | €29,903 | +€8,200 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €2,281 | +€608 | +36.4% |
| Other operating charges | 640/8 | €505 | €540 | +€34 | +6.8% |
| Non-recurring operating charges | 66A | €2,731 | - | -€2,731 | |
| Gross operating margin | 9900 | -€13,428 | -€6,152 | +€7,276 | +54.2% |
| Operating profit (loss) | 9901 | -€18,337 | -€8,973 | +€9,364 | +51.1% |
| Financial income | 75/76B | €46 | - | -€46 | |
| Recurring financial income | 75 | €46 | - | -€46 | |
| Financial charges | 65/66B | €1,468 | €418 | -€1,050 | -71.5% |
| Recurring financial charges | 65 | €1,468 | €418 | -€1,050 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,759 | -€9,391 | +€10,368 | +52.5% |
| Income taxes | 67/77 | €311 | -€35 | -€346 | |
| Profit (loss) for the period | 9904 | -€20,071 | -€9,356 | +€10,715 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,071 | -€9,356 | +€10,715 | +53.4% |
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 11 October 2026 via checked.be.