STMA SOLUTIONS: 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.
STMA SOLUTIONS
Largest movements
- Financial fixed assets +€895,161
new in 2025: €895,161
- Tangible fixed assets +€47,456
up €47,456 (+30.9%), from €153,396 to €200,852
of which Leasing and similar rights: +€39,149
- Cash +€13,507
up €13,507 (+281%), from €4,811 to €18,318
mainly Other debts (+€878,687) and Net result for the year (+€31,873)
- Other debts +€878,687
up €878,687 (+1,454%), from €60,450 to €939,136
- Reserves +€30,207
up €30,207 (+123%), from €24,598 to €54,805
- Debts after one year +€25,558
up €25,558 (+37.2%), from €68,691 to €94,249
- Gross operating margin +€41,148
up €41,148 (+182%), from €22,587 to €63,735
- Depreciation -€12,451
down €12,451 (-43.6%), from €28,589 to €16,138
- Taxes +€10,029
new in 2025: €10,029
- Financial charges +€2,385
up €2,385 (+182%), from €1,310 to €3,695
- Other operating charges +€941
up €941 (+85.4%), from €1,101 to €2,042
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 | €168,239 | €1,123,084 | +€954,845 | +568% |
| Fixed assets | 21/28 | €153,396 | €1,096,013 | +€942,618 | +615% |
| Tangible fixed assets | 22/27 | €153,396 | €200,852 | +€47,456 | +30.9% |
| Land and buildings | 22 | €135,618 | €139,139 | +€3,521 | +2.6% |
| Furniture and vehicles | 24 | €1,131 | €7,044 | +€5,913 | +523% |
| Leasing and similar rights | 25 | €5,309 | €44,458 | +€39,149 | +737% |
| Other tangible fixed assets | 26 | €11,338 | €10,211 | -€1,127 | -9.9% |
| Financial fixed assets | 28 | - | €895,161 | +€895,161 | |
| Current assets | 29/58 | €14,844 | €27,071 | +€12,227 | +82.4% |
| Amounts receivable within one year | 40/41 | €9,805 | €6,343 | -€3,462 | -35.3% |
| Trade receivables | 40 | €3,985 | €5,152 | +€1,167 | +29.3% |
| Other amounts receivable | 41 | €5,820 | €1,190 | -€4,630 | -79.5% |
| Cash at bank and in hand | 54/58 | €4,811 | €18,318 | +€13,507 | +281% |
| Deferred charges and accrued income | 490/1 | €228 | €2,410 | +€2,182 | +958% |
| Total equity and liabilities | 10/49 | €168,239 | €1,123,084 | +€954,845 | +568% |
| Equity | 10/15 | €29,598 | €59,805 | +€30,207 | +102% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,598 | €54,805 | +€30,207 | +123% |
| Distributable reserves | 133 | €24,598 | €54,805 | +€30,207 | +123% |
| Amounts payable | 17/49 | €138,641 | €1,063,279 | +€924,637 | +667% |
| Amounts payable after more than one year | 17 | €68,691 | €94,249 | +€25,558 | +37.2% |
| Financial debts | 170/4 | €68,691 | €94,249 | +€25,558 | +37.2% |
| Amounts payable within one year | 42/48 | €69,437 | €969,030 | +€899,593 | +1,296% |
| Current portion of amounts payable after more than one year | 42 | €7,367 | €17,945 | +€10,577 | +144% |
| Trade debts | 44 | €850 | €3,988 | +€3,138 | +369% |
| Suppliers | 440/4 | €850 | €3,988 | +€3,138 | +369% |
| Taxes, remuneration and social security | 45 | €770 | €7,961 | +€7,191 | +934% |
| Taxes | 450/3 | €770 | €7,961 | +€7,191 | +934% |
| Other amounts payable | 47/48 | €60,450 | €939,136 | +€878,687 | +1,454% |
| Accrued charges and deferred income | 492/3 | €514 | - | -€514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,589 | €16,138 | -€12,451 | -43.6% |
| Other operating charges | 640/8 | €1,101 | €2,042 | +€941 | +85.4% |
| Gross operating margin | 9900 | €22,587 | €63,735 | +€41,148 | +182% |
| Operating profit (loss) | 9901 | -€7,103 | €45,556 | +€52,658 | |
| Financial income | 75/76B | €505 | €42 | -€464 | -91.7% |
| Recurring financial income | 75 | €505 | €42 | -€464 | -91.7% |
| Financial charges | 65/66B | €1,310 | €3,695 | +€2,385 | +182% |
| Recurring financial charges | 65 | €1,310 | €3,695 | +€2,385 | +182% |
| Profit (loss) for the period before taxes | 9903 | -€7,907 | €41,903 | +€49,810 | |
| Income taxes | 67/77 | - | €10,029 | +€10,029 | |
| Profit (loss) for the period | 9904 | -€7,907 | €31,873 | +€39,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,907 | €31,873 | +€39,780 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.