Stella: what changed
What changed
Stella
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€7,691
2023 · -€15,675+€7,984
Equity
-€159,196
2023 · -€151,505-€7,691
Cash
€4,191
2023 · €12,517-€8,326
Balance sheet total
€103,404
2023 · €129,841-€26,436
Largest movements
Assets
- Intangible fixed assets -€20,000
down €20,000 (-20.0%), from €100,000 to €80,000
- Cash -€8,326
down €8,326 (-66.5%), from €12,517 to €4,191
mainly Other debts (-€46,609) and Debts after one year (-€16,648)
- Receivables within one year +€3,391
up €3,391 (+111%), from €3,053 to €6,444
- Tangible fixed assets -€2,562
down €2,562 (-22.4%), from €11,443 to €8,881
of which Plant, machinery and equipment: -€2,222
- Deferred charges and accrued income +€1,539
up €1,539 (+553%), from €278 to €1,817
Equity and liabilities
- Other debts -€46,609
down €46,609 (-23.5%), from €197,976 to €151,368
- Trade debts +€22,425
up €22,425 (+96.5%), from €23,245 to €45,670
- Debts after one year -€16,648
down €16,648 (-74.7%), from €22,279 to €5,631
- Tax, wage and social debts +€11,867
up €11,867 (+55.4%), from €21,410 to €33,277
of which Taxes: +€7,103
- Short-term financial debts +€10,006
new in 2024: €10,006
Income statement
- Gross operating margin +€13,119
up €13,119 (+10.8%), from €121,328 to €134,446
- Staff costs +€4,380
up €4,380 (+4.0%), from €109,165 to €113,545
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.
Result 2023
-€15,675
Gross operating margin
+€13,119
Staff costs
-€4,380
Depreciation
-€8
Other operating items
+€90
Financial income
-€1
Financial charges
-€835
Result 2024
-€7,691
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2,047
Investment
€0
Financing
-€6,279
Cash 2023
€12,517
From operations (derived)
-€2,047
Net result for the year
-€7,691
Depreciation
+€22,562
Stocks and contracts
+€479
Receivables within one year
-€3,391
Deferred charges and accrued income
-€1,539
Trade debts
+€22,425
Tax, wage and social debts
+€11,867
Advances received
-€150
Other debts
-€46,609
Financing
-€6,279
Debts after one year
-€16,648
Current portion of long-term debt
+€362
Short-term financial debts
+€10,006
Cash 2024
€4,191
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,841 | €103,404 | -€26,436 | -20.4% |
| Fixed assets | 21/28 | €112,493 | €89,931 | -€22,562 | -20.1% |
| Intangible fixed assets | 21 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Tangible fixed assets | 22/27 | €11,443 | €8,881 | -€2,562 | -22.4% |
| Plant, machinery and equipment | 23 | €8,778 | €6,556 | -€2,222 | -25.3% |
| Furniture and vehicles | 24 | €2,665 | €2,325 | -€340 | -12.8% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €17,348 | €13,474 | -€3,874 | -22.3% |
| Stocks and contracts in progress | 3 | €1,500 | €1,021 | -€479 | -31.9% |
| Stocks | 30/36 | €1,500 | €1,021 | -€479 | -31.9% |
| Amounts receivable within one year | 40/41 | €3,053 | €6,444 | +€3,391 | +111% |
| Trade receivables | 40 | €3,053 | €6,444 | +€3,391 | +111% |
| Cash at bank and in hand | 54/58 | €12,517 | €4,191 | -€8,326 | -66.5% |
| Deferred charges and accrued income | 490/1 | €278 | €1,817 | +€1,539 | +553% |
| Total equity and liabilities | 10/49 | €129,841 | €103,404 | -€26,436 | -20.4% |
| Equity | 10/15 | -€151,505 | -€159,196 | -€7,691 | -5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,905 | -€171,596 | -€7,691 | -4.7% |
| Amounts payable | 17/49 | €281,346 | €262,600 | -€18,746 | -6.7% |
| Amounts payable after more than one year | 17 | €22,279 | €5,631 | -€16,648 | -74.7% |
| Financial debts | 170/4 | €22,279 | €5,631 | -€16,648 | -74.7% |
| Amounts payable within one year | 42/48 | €259,067 | €256,969 | -€2,098 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €16,285 | €16,648 | +€362 | +2.2% |
| Financial debts | 43 | - | €10,006 | +€10,006 | |
| Credit institutions | 430/8 | - | €10,006 | +€10,006 | |
| Trade debts | 44 | €23,245 | €45,670 | +€22,425 | +96.5% |
| Suppliers | 440/4 | €23,245 | €45,670 | +€22,425 | +96.5% |
| Advances received on contracts in progress | 46 | €150 | - | -€150 | |
| Taxes, remuneration and social security | 45 | €21,410 | €33,277 | +€11,867 | +55.4% |
| Taxes | 450/3 | €6,425 | €13,528 | +€7,103 | +111% |
| Remuneration and social security | 454/9 | €14,985 | €19,749 | +€4,764 | +31.8% |
| Other amounts payable | 47/48 | €197,976 | €151,368 | -€46,609 | -23.5% |
| Remuneration, social security and pensions | 62 | €109,165 | €113,545 | +€4,380 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,554 | €22,562 | +€8 | 0.0% |
| Other operating charges | 640/8 | €125 | €125 | = | 0.0% |
| Non-recurring operating charges | 66A | €1,240 | €1,150 | -€90 | -7.3% |
| Gross operating margin | 9900 | €121,328 | €134,446 | +€13,119 | +10.8% |
| Operating profit (loss) | 9901 | -€11,756 | -€2,936 | +€8,820 | +75.0% |
| Financial income | 75/76B | €2 | €1 | -€1 | -56.3% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -56.3% |
| Financial charges | 65/66B | €3,920 | €4,755 | +€835 | +21.3% |
| Recurring financial charges | 65 | €3,920 | €4,755 | +€835 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,675 | -€7,691 | +€7,984 | +50.9% |
| Profit (loss) for the period | 9904 | -€15,675 | -€7,691 | +€7,984 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,675 | -€7,691 | +€7,984 | +50.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 5 November 2026 via checked.be.