STOLAR: 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.
STOLAR
Largest movements
- Stocks and contracts +€16,465
new in 2025: €16,465
- Receivables within one year +€8,894
up €8,894 (+89.9%), from €9,892 to €18,785
- Cash +€6,988
up €6,988 (+53.1%), from €13,168 to €20,155
mainly Net result for the year (+€32,453) and Tax, wage and social debts (+€12,772)
- Tangible fixed assets +€6,316
new in 2025: €6,316
of which Furniture and vehicles: +€4,705
- Current investments +€5,814
new in 2025: €5,814
- Reserves +€32,453
up €32,453 (+423.6%), from €7,661 to €40,115
- Tax, wage and social debts +€12,772
up €12,772 (+211.1%), from €6,050 to €18,822
- Gross operating margin +€35,592
up €35,592 (+281.7%), from €12,634 to €48,226
- Taxes +€9,646
up €9,646 (+309.6%), from €3,116 to €12,761
- Depreciation +€947
new in 2025: €947
- Financial charges +€639
up €639 (+74.2%), from €861 to €1,499
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 | €25,786 | €70,731 | +€44,945 | +174.3% |
| Fixed assets | 21/28 | - | €6,316 | +€6,316 | |
| Tangible fixed assets | 22/27 | - | €6,316 | +€6,316 | |
| Plant, machinery and equipment | 23 | - | €1,611 | +€1,611 | |
| Furniture and vehicles | 24 | - | €4,705 | +€4,705 | |
| Current assets | 29/58 | €25,786 | €64,415 | +€38,629 | +149.8% |
| Stocks and contracts in progress | 3 | - | €16,465 | +€16,465 | |
| Stocks | 30/36 | - | €16,465 | +€16,465 | |
| Amounts receivable within one year | 40/41 | €9,892 | €18,785 | +€8,894 | +89.9% |
| Trade receivables | 40 | €9,892 | €18,785 | +€8,894 | +89.9% |
| Current investments | 50/53 | - | €5,814 | +€5,814 | |
| Cash at bank and in hand | 54/58 | €13,168 | €20,155 | +€6,988 | +53.1% |
| Deferred charges and accrued income | 490/1 | €2,726 | €3,195 | +€469 | +17.2% |
| Total equity and liabilities | 10/49 | €25,786 | €70,731 | +€44,945 | +174.3% |
| Equity | 10/15 | €11,661 | €44,115 | +€32,453 | +278.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €7,661 | €40,115 | +€32,453 | +423.6% |
| Distributable reserves | 133 | €7,661 | €40,115 | +€32,453 | +423.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,124 | €26,616 | +€12,492 | +88.4% |
| Amounts payable within one year | 42/48 | €14,124 | €26,616 | +€12,492 | +88.4% |
| Trade debts | 44 | €1,493 | €1,212 | -€280 | -18.8% |
| Suppliers | 440/4 | €1,493 | €1,212 | -€280 | -18.8% |
| Taxes, remuneration and social security | 45 | €6,050 | €18,822 | +€12,772 | +211.1% |
| Taxes | 450/3 | €6,050 | €18,822 | +€12,772 | +211.1% |
| Other amounts payable | 47/48 | €6,581 | €6,581 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €947 | +€947 | |
| Other operating charges | 640/8 | €202 | €588 | +€386 | +191.5% |
| Gross operating margin | 9900 | €12,634 | €48,226 | +€35,592 | +281.7% |
| Operating profit (loss) | 9901 | €12,432 | €46,691 | +€34,259 | +275.6% |
| Financial income | 75/76B | €64 | €22 | -€42 | -65.0% |
| Recurring financial income | 75 | €64 | €22 | -€42 | -65.0% |
| Financial charges | 65/66B | €861 | €1,499 | +€639 | +74.2% |
| Recurring financial charges | 65 | €861 | €1,499 | +€639 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €11,636 | €45,214 | +€33,578 | +288.6% |
| Income taxes | 67/77 | €3,116 | €12,761 | +€9,646 | +309.6% |
| Profit (loss) for the period | 9904 | €8,520 | €32,453 | +€23,933 | +280.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,520 | €32,453 | +€23,933 | +280.9% |
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 8 October 2026 via checked.be.