Stober Security: 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 Security
Largest movements
- Cash +€70,381
up €70,381 (+207.7%), from €33,892 to €104,273
mainly Net result for the year (+€83,740) and Debts after one year (+€36,745)
- Tangible fixed assets +€40,705
up €40,705 (+96.0%), from €42,382 to €83,087
of which Furniture and vehicles: +€51,264
- Receivables within one year +€11,774
up €11,774 (+81.5%), from €14,443 to €26,217
of which Trade receivables: +€20,642
- Reserves +€83,740
up €83,740 (+320.4%), from €26,139 to €109,879
- Debts after one year +€36,745
up €36,745 (+101.5%), from €36,191 to €72,936
- Current portion of long-term debt +€5,344
up €5,344 (+56.3%), from €9,495 to €14,840
- Other debts -€5,140
down €5,140 (-100.0%), from €5,140 to €0
- Gross operating margin +€92,045
up €92,045 (+202.6%), from €45,421 to €137,466
- Taxes +€13,811
up €13,811 (+166.7%), from €8,287 to €22,097
- Depreciation +€12,435
up €12,435 (+159.2%), from €7,809 to €20,243
- Staff costs +€6,618
new in 2025: €6,618
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 | €90,717 | €213,577 | +€122,861 | +135.4% |
| Fixed assets | 21/28 | €42,382 | €83,087 | +€40,705 | +96.0% |
| Tangible fixed assets | 22/27 | €42,382 | €83,087 | +€40,705 | +96.0% |
| Plant, machinery and equipment | 23 | €5,710 | €2,870 | -€2,841 | -49.7% |
| Furniture and vehicles | 24 | €2,637 | €53,902 | +€51,264 | +1943.8% |
| Leasing and similar rights | 25 | €31,201 | €23,798 | -€7,403 | -23.7% |
| Other tangible fixed assets | 26 | €2,834 | €2,517 | -€317 | -11.2% |
| Current assets | 29/58 | €48,335 | €130,490 | +€82,156 | +170.0% |
| Amounts receivable within one year | 40/41 | €14,443 | €26,217 | +€11,774 | +81.5% |
| Trade receivables | 40 | €5,567 | €26,209 | +€20,642 | +370.8% |
| Other amounts receivable | 41 | €8,876 | €9 | -€8,867 | -99.9% |
| Cash at bank and in hand | 54/58 | €33,892 | €104,273 | +€70,381 | +207.7% |
| Total equity and liabilities | 10/49 | €90,717 | €213,577 | +€122,861 | +135.4% |
| Equity | 10/15 | €31,139 | €114,879 | +€83,740 | +268.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,139 | €109,879 | +€83,740 | +320.4% |
| Distributable reserves | 133 | €26,139 | €109,879 | +€83,740 | +320.4% |
| Amounts payable | 17/49 | €59,578 | €98,699 | +€39,121 | +65.7% |
| Amounts payable after more than one year | 17 | €36,191 | €72,936 | +€36,745 | +101.5% |
| Financial debts | 170/4 | €36,191 | €72,936 | +€36,745 | +101.5% |
| Amounts payable within one year | 42/48 | €23,387 | €25,763 | +€2,376 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €9,495 | €14,840 | +€5,344 | +56.3% |
| Trade debts | 44 | - | €217 | +€217 | |
| Suppliers | 440/4 | - | €217 | +€217 | |
| Taxes, remuneration and social security | 45 | €8,752 | €10,707 | +€1,954 | +22.3% |
| Taxes | 450/3 | €8,752 | €10,707 | +€1,954 | +22.3% |
| Other amounts payable | 47/48 | €5,140 | €0 | -€5,140 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €6,618 | +€6,618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,809 | €20,243 | +€12,435 | +159.2% |
| Other operating charges | 640/8 | €1,307 | €1,100 | -€207 | -15.9% |
| Gross operating margin | 9900 | €45,421 | €137,466 | +€92,045 | +202.6% |
| Operating profit (loss) | 9901 | €36,306 | €109,505 | +€73,200 | +201.6% |
| Financial income | 75/76B | €1,185 | €504 | -€681 | -57.5% |
| Recurring financial income | 75 | €1,185 | €504 | -€681 | -57.5% |
| Financial charges | 65/66B | €3,065 | €4,172 | +€1,107 | +36.1% |
| Recurring financial charges | 65 | €3,065 | €4,172 | +€1,107 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €34,425 | €105,837 | +€71,412 | +207.4% |
| Income taxes | 67/77 | €8,287 | €22,097 | +€13,811 | +166.7% |
| Profit (loss) for the period | 9904 | €26,139 | €83,740 | +€57,601 | +220.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,139 | €83,740 | +€57,601 | +220.4% |
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 9 October 2026 via checked.be.