STALVA: what changed
STALVA
Largest movements
- Cash +€84,268
up €84,268 (+37.1%), from €226,849 to €311,117
mainly Net result for the year (+€90,523) and Tax, wage and social debts (+€42,392)
- Tangible fixed assets +€20,480
up €20,480 (+67.0%), from €30,561 to €51,041
of which Plant, machinery and equipment: +€13,594
- Receivables within one year +€17,677
up €17,677 (+27.2%), from €64,888 to €82,566
of which Other amounts receivable: +€39,457
- Reserves +€50,000
up €50,000 (+25.5%), from €196,220 to €246,220
of which Distributable reserves: +€50,000
- Tax, wage and social debts +€42,392
up €42,392 (+32.1%), from €132,065 to €174,457
of which Taxes: +€49,059
- Profit (loss) carried forward +€40,523
up €40,523 (+38.4%), from -€105,448 to -€64,926
- Gross operating margin +€26,801
up €26,801 (+7.4%), from €360,464 to €387,265
- Taxes +€13,774
up €13,774 (+46.9%), from €29,348 to €43,122
- Staff costs +€10,213
up €10,213 (+4.5%), from €226,987 to €237,200
- Other operating charges -€8,970
down €8,970 (-67.0%), from €13,392 to €4,422
- Depreciation +€4,266
up €4,266 (+97.5%), from €4,374 to €8,640
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,751 | €571,615 | +€126,864 | +28.5% |
| Fixed assets | 21/28 | €92,627 | €113,107 | +€20,480 | +22.1% |
| Tangible fixed assets | 22/27 | €30,561 | €51,041 | +€20,480 | +67.0% |
| Plant, machinery and equipment | 23 | €17,152 | €30,746 | +€13,594 | +79.3% |
| Furniture and vehicles | 24 | €13,409 | €20,295 | +€6,886 | +51.4% |
| Financial fixed assets | 28 | €62,067 | €62,067 | = | 0.0% |
| Current assets | 29/58 | €352,124 | €458,508 | +€106,384 | +30.2% |
| Stocks and contracts in progress | 3 | €3,772 | €3,415 | -€357 | -9.5% |
| Stocks | 30/36 | €3,772 | €3,415 | -€357 | -9.5% |
| Amounts receivable within one year | 40/41 | €64,888 | €82,566 | +€17,677 | +27.2% |
| Trade receivables | 40 | €21,780 | - | -€21,780 | |
| Other amounts receivable | 41 | €43,108 | €82,566 | +€39,457 | +91.5% |
| Current investments | 50/53 | €3,849 | €4,732 | +€883 | +22.9% |
| Cash at bank and in hand | 54/58 | €226,849 | €311,117 | +€84,268 | +37.1% |
| Deferred charges and accrued income | 490/1 | €52,766 | €56,679 | +€3,913 | +7.4% |
| Total equity and liabilities | 10/49 | €444,751 | €571,615 | +€126,864 | +28.5% |
| Equity | 10/15 | €96,971 | €187,494 | +€90,523 | +93.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,220 | €246,220 | +€50,000 | +25.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €194,360 | €244,360 | +€50,000 | +25.7% |
| Profit (loss) carried forward | 14 | -€105,448 | -€64,926 | +€40,523 | +38.4% |
| Amounts payable | 17/49 | €347,780 | €384,122 | +€36,341 | +10.4% |
| Amounts payable within one year | 42/48 | €347,780 | €384,122 | +€36,341 | +10.4% |
| Trade debts | 44 | €212,243 | €208,317 | -€3,926 | -1.8% |
| Suppliers | 440/4 | €212,243 | €208,317 | -€3,926 | -1.8% |
| Taxes, remuneration and social security | 45 | €132,065 | €174,457 | +€42,392 | +32.1% |
| Taxes | 450/3 | €85,572 | €134,631 | +€49,059 | +57.3% |
| Remuneration and social security | 454/9 | €46,493 | €39,826 | -€6,667 | -14.3% |
| Other amounts payable | 47/48 | €3,473 | €1,348 | -€2,125 | -61.2% |
| Remuneration, social security and pensions | 62 | €226,987 | €237,200 | +€10,213 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,374 | €8,640 | +€4,266 | +97.5% |
| Other operating charges | 640/8 | €13,392 | €4,422 | -€8,970 | -67.0% |
| Gross operating margin | 9900 | €360,464 | €387,265 | +€26,801 | +7.4% |
| Operating profit (loss) | 9901 | €115,712 | €137,003 | +€21,291 | +18.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.5% |
| Financial charges | 65/66B | €2,265 | €3,359 | +€1,094 | +48.3% |
| Recurring financial charges | 65 | €2,265 | €3,359 | +€1,094 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | €113,449 | €133,645 | +€20,196 | +17.8% |
| Income taxes | 67/77 | €29,348 | €43,122 | +€13,774 | +46.9% |
| Profit (loss) for the period | 9904 | €84,101 | €90,523 | +€6,422 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,101 | €90,523 | +€6,422 | +7.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.