STOLS: 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.
STOLS
Largest movements
- Stocks and contracts +€84,002
up €84,002 (+385%), from €21,800 to €105,802
- Cash -€43,745
down €43,745 (-73.1%), from €59,856 to €16,111
mainly Stocks and contracts (-€84,002) and Trade debts (-€54,777)
- Receivables within one year -€34,720
down €34,720 (-74.1%), from €46,879 to €12,159
of which Trade receivables: -€22,282
- Tangible fixed assets -€16,846
down €16,846 (-35.6%), from €47,327 to €30,481
of which Furniture and vehicles: -€9,092
- Trade debts -€54,777
down €54,777 (-75.7%), from €72,386 to €17,609
- Other debts +€25,717
up €25,717 (+382%), from €6,740 to €32,457
- Profit (loss) carried forward +€16,391
up €16,391 (+80.5%), from -€20,370 to -€3,979
- Gross operating margin +€44,388
up €44,388, from -€8,580 to €35,808
- Other operating charges +€683
up €683 (+54.9%), from €1,245 to €1,928
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 | €177,939 | €166,138 | -€11,801 | -6.6% |
| Fixed assets | 21/28 | €47,327 | €30,481 | -€16,846 | -35.6% |
| Tangible fixed assets | 22/27 | €47,327 | €30,481 | -€16,846 | -35.6% |
| Plant, machinery and equipment | 23 | €11,980 | €4,226 | -€7,754 | -64.7% |
| Furniture and vehicles | 24 | €35,347 | €26,255 | -€9,092 | -25.7% |
| Current assets | 29/58 | €130,612 | €135,657 | +€5,045 | +3.9% |
| Stocks and contracts in progress | 3 | €21,800 | €105,802 | +€84,002 | +385% |
| Stocks | 30/36 | €21,800 | €105,802 | +€84,002 | +385% |
| Amounts receivable within one year | 40/41 | €46,879 | €12,159 | -€34,720 | -74.1% |
| Trade receivables | 40 | €34,441 | €12,159 | -€22,282 | -64.7% |
| Other amounts receivable | 41 | €12,438 | - | -€12,438 | |
| Cash at bank and in hand | 54/58 | €59,856 | €16,111 | -€43,745 | -73.1% |
| Deferred charges and accrued income | 490/1 | €2,077 | €1,585 | -€492 | -23.7% |
| Total equity and liabilities | 10/49 | €177,939 | €166,138 | -€11,801 | -6.6% |
| Equity | 10/15 | €98,247 | €114,638 | +€16,391 | +16.7% |
| Contributions | 10/11 | €107,834 | €107,834 | = | 0.0% |
| Capital | 10 | €107,834 | €107,834 | = | 0.0% |
| Issued capital | 100 | €107,834 | €107,834 | = | 0.0% |
| Reserves | 13 | €10,783 | €10,783 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,783 | €10,783 | = | 0.0% |
| Legal reserve | 130 | €10,783 | €10,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,370 | -€3,979 | +€16,391 | +80.5% |
| Amounts payable | 17/49 | €79,692 | €51,500 | -€28,192 | -35.4% |
| Amounts payable within one year | 42/48 | €79,692 | €51,500 | -€28,192 | -35.4% |
| Trade debts | 44 | €72,386 | €17,609 | -€54,777 | -75.7% |
| Suppliers | 440/4 | €72,386 | €17,609 | -€54,777 | -75.7% |
| Taxes, remuneration and social security | 45 | €566 | €1,434 | +€868 | +153% |
| Taxes | 450/3 | €566 | €1,434 | +€868 | +153% |
| Other amounts payable | 47/48 | €6,740 | €32,457 | +€25,717 | +382% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,847 | €16,846 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,245 | €1,928 | +€683 | +54.9% |
| Gross operating margin | 9900 | -€8,580 | €35,808 | +€44,388 | |
| Operating profit (loss) | 9901 | -€26,672 | €17,034 | +€43,706 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €243 | €162 | -€81 | -33.3% |
| Recurring financial charges | 65 | €243 | €162 | -€81 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,915 | €16,878 | +€43,793 | |
| Income taxes | 67/77 | €506 | €487 | -€19 | -3.8% |
| Profit (loss) for the period | 9904 | -€27,421 | €16,391 | +€43,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,421 | €16,391 | +€43,812 |
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 15 October 2026 via checked.be.