Stimber: 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.
Stimber
Largest movements
- Receivables within one year +€40,221
up €40,221 (+245.5%), from €16,384 to €56,605
of which Trade receivables: +€37,126
- Tangible fixed assets -€21,165
down €21,165 (-45.3%), from €46,742 to €25,577
of which Plant, machinery and equipment: -€11,608
- Cash +€1,562
up €1,562 (+4.1%), from €37,944 to €39,506
mainly Net result for the year (+€41,357) and Depreciation (+€23,690)
- Reserves +€21,357
up €21,357 (+40.9%), from €52,242 to €73,599
- Debts after one year -€8,793
down €8,793 (-46.9%), from €18,741 to €9,948
- Other debts +€8,005
up €8,005 (+42.4%), from €18,882 to €26,887
- Current portion of long-term debt -€5,449
down €5,449 (-38.3%), from €14,242 to €8,793
- Trade debts +€4,107
up €4,107 (+258.1%), from €1,591 to €5,699
- Gross operating margin +€52,423
up €52,423 (+177.1%), from €29,594 to €82,017
- Taxes +€13,347
up €13,347 (+955.9%), from €1,396 to €14,743
- Depreciation +€3,452
up €3,452 (+17.1%), from €20,238 to €23,690
- Other operating charges -€1,703
down €1,703 (-72.2%), from €2,360 to €657
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 | €130,916 | €151,361 | +€20,445 | +15.6% |
| Fixed assets | 21/28 | €46,742 | €25,577 | -€21,165 | -45.3% |
| Tangible fixed assets | 22/27 | €46,742 | €25,577 | -€21,165 | -45.3% |
| Plant, machinery and equipment | 23 | €24,280 | €12,673 | -€11,608 | -47.8% |
| Furniture and vehicles | 24 | €22,462 | €12,905 | -€9,557 | -42.5% |
| Current assets | 29/58 | €84,174 | €125,784 | +€41,610 | +49.4% |
| Stocks and contracts in progress | 3 | €28,718 | €28,446 | -€272 | -0.9% |
| Stocks | 30/36 | €28,718 | €28,446 | -€272 | -0.9% |
| Amounts receivable within one year | 40/41 | €16,384 | €56,605 | +€40,221 | +245.5% |
| Trade receivables | 40 | €12,382 | €49,508 | +€37,126 | +299.8% |
| Other amounts receivable | 41 | €4,002 | €7,097 | +€3,095 | +77.3% |
| Cash at bank and in hand | 54/58 | €37,944 | €39,506 | +€1,562 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,128 | €1,227 | +€98 | +8.7% |
| Total equity and liabilities | 10/49 | €130,916 | €151,361 | +€20,445 | +15.6% |
| Equity | 10/15 | €72,242 | €93,599 | +€21,357 | +29.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,242 | €73,599 | +€21,357 | +40.9% |
| Distributable reserves | 133 | €52,242 | €73,599 | +€21,357 | +40.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,675 | €57,762 | -€912 | -1.6% |
| Amounts payable after more than one year | 17 | €18,741 | €9,948 | -€8,793 | -46.9% |
| Financial debts | 170/4 | €18,741 | €9,948 | -€8,793 | -46.9% |
| Amounts payable within one year | 42/48 | €39,934 | €47,814 | +€7,881 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €14,242 | €8,793 | -€5,449 | -38.3% |
| Trade debts | 44 | €1,591 | €5,699 | +€4,107 | +258.1% |
| Suppliers | 440/4 | €1,591 | €5,699 | +€4,107 | +258.1% |
| Taxes, remuneration and social security | 45 | €5,218 | €6,435 | +€1,217 | +23.3% |
| Taxes | 450/3 | €3,215 | €4,432 | +€1,217 | +37.9% |
| Remuneration and social security | 454/9 | €2,003 | €2,003 | = | 0.0% |
| Other amounts payable | 47/48 | €18,882 | €26,887 | +€8,005 | +42.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,238 | €23,690 | +€3,452 | +17.1% |
| Other operating charges | 640/8 | €2,360 | €657 | -€1,703 | -72.2% |
| Gross operating margin | 9900 | €29,594 | €82,017 | +€52,423 | +177.1% |
| Operating profit (loss) | 9901 | €6,996 | €57,670 | +€50,675 | +724.4% |
| Financial income | 75/76B | €135 | €215 | +€79 | +58.7% |
| Recurring financial income | 75 | €135 | €215 | +€79 | +58.7% |
| Financial charges | 65/66B | €1,882 | €1,785 | -€97 | -5.2% |
| Recurring financial charges | 65 | €1,882 | €1,785 | -€97 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €5,249 | €56,100 | +€50,851 | +968.8% |
| Income taxes | 67/77 | €1,396 | €14,743 | +€13,347 | +955.9% |
| Profit (loss) for the period | 9904 | €3,853 | €41,357 | +€37,504 | +973.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,853 | €41,357 | +€37,504 | +973.4% |
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 4 October 2026 via checked.be.