STOBER: 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.
STOBER
Largest movements
- Tangible fixed assets -€51,019
down €51,019 (-5.3%), from €970,299 to €919,280
of which Other tangible fixed assets: -€364,985
- Current investments +€20,247
up €20,247 (+5.7%), from €357,656 to €377,903
- Reserves -€36,221
down €36,221 (-2.6%), from €1.4m to €1.3m
- Financial income +€13,082
up €13,082 (+110%), from €11,944 to €25,026
- Financial charges -€10,070
down €10,070 (-98.0%), from €10,273 to €203
- Gross operating margin +€3,464
up €3,464 (+64.5%), from €5,374 to €8,838
- Depreciation -€944
down €944 (-1.6%), from €58,040 to €57,096
- Other operating charges +€423
up €423 (+5.9%), from €7,124 to €7,547
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 | €1,427,167 | €1,393,640 | -€33,527 | -2.3% |
| Fixed assets | 21/28 | €971,291 | €920,272 | -€51,019 | -5.3% |
| Tangible fixed assets | 22/27 | €970,299 | €919,280 | -€51,019 | -5.3% |
| Land and buildings | 22 | €577,652 | €897,373 | +€319,721 | +55.3% |
| Plant, machinery and equipment | 23 | €902 | €601 | -€301 | -33.4% |
| Furniture and vehicles | 24 | €10,774 | €5,320 | -€5,454 | -50.6% |
| Other tangible fixed assets | 26 | €380,971 | €15,986 | -€364,985 | -95.8% |
| Financial fixed assets | 28 | €992 | €992 | = | 0.0% |
| Current assets | 29/58 | €455,876 | €473,368 | +€17,492 | +3.8% |
| Amounts receivable within one year | 40/41 | €14,814 | €3,224 | -€11,590 | -78.2% |
| Trade receivables | 40 | €11,680 | €18 | -€11,662 | -99.8% |
| Other amounts receivable | 41 | €3,134 | €3,206 | +€72 | +2.3% |
| Current investments | 50/53 | €357,656 | €377,903 | +€20,247 | +5.7% |
| Cash at bank and in hand | 54/58 | €80,574 | €89,011 | +€8,437 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,832 | €3,230 | +€398 | +14.1% |
| Total equity and liabilities | 10/49 | €1,427,167 | €1,393,640 | -€33,527 | -2.3% |
| Equity | 10/15 | €1,398,430 | €1,362,209 | -€36,221 | -2.6% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €1,367,430 | €1,331,209 | -€36,221 | -2.6% |
| Distributable reserves | 133 | €1,367,430 | €1,331,209 | -€36,221 | -2.6% |
| Amounts payable | 17/49 | €28,737 | €31,431 | +€2,694 | +9.4% |
| Amounts payable within one year | 42/48 | €28,737 | €31,431 | +€2,694 | +9.4% |
| Trade debts | 44 | €13,283 | €8,170 | -€5,113 | -38.5% |
| Suppliers | 440/4 | €13,283 | €8,170 | -€5,113 | -38.5% |
| Taxes, remuneration and social security | 45 | €1,827 | €2,055 | +€228 | +12.5% |
| Taxes | 450/3 | €1,827 | €2,055 | +€228 | +12.5% |
| Other amounts payable | 47/48 | €13,627 | €21,206 | +€7,579 | +55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,040 | €57,096 | -€944 | -1.6% |
| Other operating charges | 640/8 | €7,124 | €7,547 | +€423 | +5.9% |
| Non-recurring operating charges | 66A | €144 | €4,853 | +€4,709 | +3,270% |
| Gross operating margin | 9900 | €5,374 | €8,838 | +€3,464 | +64.5% |
| Operating profit (loss) | 9901 | -€59,934 | -€60,658 | -€724 | -1.2% |
| Financial income | 75/76B | €11,944 | €25,026 | +€13,082 | +110% |
| Recurring financial income | 75 | €11,944 | €25,026 | +€13,082 | +110% |
| Financial charges | 65/66B | €10,273 | €203 | -€10,070 | -98.0% |
| Recurring financial charges | 65 | €10,273 | €203 | -€10,070 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€58,263 | -€35,835 | +€22,428 | +38.5% |
| Income taxes | 67/77 | €371 | €386 | +€15 | +4.0% |
| Profit (loss) for the period | 9904 | -€58,634 | -€36,221 | +€22,413 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,634 | -€36,221 | +€22,413 | +38.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.