Stellar Solutions: 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.
Stellar Solutions
Largest movements
- Cash +€78,499
up €78,499 (+98.8%), from €79,427 to €157,926
mainly Net result for the year (+€73,017) and Tax, wage and social debts (+€10,623)
- Reserves +€73,017
up €73,017 (+136.2%), from €53,616 to €126,633
- Tax, wage and social debts +€10,623
up €10,623 (+40.3%), from €26,391 to €37,014
- Other debts -€5,277
down €5,277 (-57.5%), from €9,177 to €3,900
- Gross operating margin +€55,257
up €55,257 (+141.7%), from €38,984 to €94,241
- Taxes +€8,287
up €8,287 (+80.4%), from €10,313 to €18,600
- Staff costs +€1,296
up €1,296 (+300.0%), from €432 to €1,728
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 | €92,258 | €170,547 | +€78,290 | +84.9% |
| Fixed assets | 21/28 | €1,757 | €1,152 | -€605 | -34.5% |
| Tangible fixed assets | 22/27 | €1,757 | €1,152 | -€605 | -34.5% |
| Furniture and vehicles | 24 | €1,757 | €1,152 | -€605 | -34.5% |
| Current assets | 29/58 | €90,501 | €169,396 | +€78,895 | +87.2% |
| Amounts receivable within one year | 40/41 | €11,074 | €11,470 | +€396 | +3.6% |
| Trade receivables | 40 | €11,074 | €11,470 | +€396 | +3.6% |
| Cash at bank and in hand | 54/58 | €79,427 | €157,926 | +€78,499 | +98.8% |
| Total equity and liabilities | 10/49 | €92,258 | €170,547 | +€78,290 | +84.9% |
| Equity | 10/15 | €56,616 | €129,633 | +€73,017 | +129.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €53,616 | €126,633 | +€73,017 | +136.2% |
| Distributable reserves | 133 | €53,616 | €126,633 | +€73,017 | +136.2% |
| Amounts payable | 17/49 | €35,642 | €40,914 | +€5,272 | +14.8% |
| Amounts payable within one year | 42/48 | €35,642 | €40,914 | +€5,272 | +14.8% |
| Trade debts | 44 | €74 | - | -€74 | |
| Suppliers | 440/4 | €74 | - | -€74 | |
| Taxes, remuneration and social security | 45 | €26,391 | €37,014 | +€10,623 | +40.3% |
| Taxes | 450/3 | €26,391 | €37,014 | +€10,623 | +40.3% |
| Other amounts payable | 47/48 | €9,177 | €3,900 | -€5,277 | -57.5% |
| Remuneration, social security and pensions | 62 | €432 | €1,728 | +€1,296 | +300.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €605 | +€198 | +48.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €38,984 | €94,241 | +€55,257 | +141.7% |
| Operating profit (loss) | 9901 | €38,026 | €91,787 | +€53,762 | +141.4% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €584 | €170 | -€414 | -70.9% |
| Recurring financial charges | 65 | €584 | €170 | -€414 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €37,444 | €91,617 | +€54,174 | +144.7% |
| Income taxes | 67/77 | €10,313 | €18,600 | +€8,287 | +80.4% |
| Profit (loss) for the period | 9904 | €27,130 | €73,017 | +€45,887 | +169.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,130 | €73,017 | +€45,887 | +169.1% |
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 8 October 2026 via checked.be.