STEMONTECH: 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.
STEMONTECH
Largest movements
- Receivables within one year +€5,604
up €5,604 (+4.0%), from €140,438 to €146,042
of which Trade receivables: +€5,369
- Trade debts +€14,164
up €14,164 (+25.3%), from €56,033 to €70,197
- Tax, wage and social debts -€4,852
down €4,852 (-16.5%), from €29,483 to €24,631
of which Remuneration and social security: -€5,187
- Profit (loss) carried forward -€3,853
down €3,853 (-30.6%), from €12,581 to €8,728
- Gross operating margin -€66,273
down €66,273 (-30.6%), from €216,523 to €150,250
- Staff costs -€50,302
down €50,302 (-25.0%), from €201,563 to €151,261
- Taxes -€4,856
down €4,856 (-93.6%), from €5,190 to €335
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 | €143,357 | €148,850 | +€5,493 | +3.8% |
| Current assets | 29/58 | €143,357 | €148,850 | +€5,493 | +3.8% |
| Amounts receivable within one year | 40/41 | €140,438 | €146,042 | +€5,604 | +4.0% |
| Trade receivables | 40 | €138,467 | €143,836 | +€5,369 | +3.9% |
| Other amounts receivable | 41 | €1,971 | €2,206 | +€235 | +11.9% |
| Cash at bank and in hand | 54/58 | €1,919 | €616 | -€1,304 | -67.9% |
| Deferred charges and accrued income | 490/1 | €1,000 | €2,192 | +€1,192 | +119.2% |
| Total equity and liabilities | 10/49 | €143,357 | €148,850 | +€5,493 | +3.8% |
| Equity | 10/15 | €57,841 | €53,988 | -€3,853 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,660 | €26,660 | = | 0.0% |
| Distributable reserves | 133 | €26,660 | €26,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,581 | €8,728 | -€3,853 | -30.6% |
| Amounts payable | 17/49 | €85,516 | €94,862 | +€9,346 | +10.9% |
| Amounts payable within one year | 42/48 | €85,516 | €94,862 | +€9,346 | +10.9% |
| Trade debts | 44 | €56,033 | €70,197 | +€14,164 | +25.3% |
| Suppliers | 440/4 | €56,033 | €70,197 | +€14,164 | +25.3% |
| Taxes, remuneration and social security | 45 | €29,483 | €24,631 | -€4,852 | -16.5% |
| Taxes | 450/3 | €5,186 | €5,521 | +€335 | +6.5% |
| Remuneration and social security | 454/9 | €24,297 | €19,110 | -€5,187 | -21.3% |
| Other amounts payable | 47/48 | - | €34 | +€34 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €201,563 | €151,261 | -€50,302 | -25.0% |
| Other operating charges | 640/8 | €2,156 | €462 | -€1,695 | -78.6% |
| Gross operating margin | 9900 | €216,523 | €150,250 | -€66,273 | -30.6% |
| Operating profit (loss) | 9901 | €12,803 | -€1,473 | -€14,277 | |
| Financial income | 75/76B | €32 | €2 | -€30 | -92.9% |
| Recurring financial income | 75 | €32 | €2 | -€30 | -92.9% |
| Financial charges | 65/66B | €443 | €2,048 | +€1,605 | +362.7% |
| Recurring financial charges | 65 | €443 | €2,048 | +€1,605 | +362.7% |
| Profit (loss) for the period before taxes | 9903 | €12,393 | -€3,519 | -€15,911 | |
| Income taxes | 67/77 | €5,190 | €335 | -€4,856 | -93.6% |
| Profit (loss) for the period | 9904 | €7,202 | -€3,853 | -€11,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,202 | -€3,853 | -€11,056 |
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 10 October 2026 via checked.be.