STAB CONSTRUCT: what changed
What changed
STAB CONSTRUCT
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
€12,450
2024 · €4,758+€7,692
Equity
€66,194
2024 · €53,744+€12,450
Cash
€54,493
2024 · €45,119+€9,375
Balance sheet total
€98,080
2024 · €58,126+€39,954
Largest movements
Assets
- Tangible fixed assets +€31,304
new in 2025: €31,304
- Cash +€9,375
up €9,375 (+20.8%), from €45,119 to €54,493
mainly Debts after one year (+€16,490) and Net result for the year (+€12,450)
Equity and liabilities
- Debts after one year +€16,490
new in 2025: €16,490
- Reserves +€12,450
up €12,450 (+30.3%), from €41,023 to €53,473
- Trade debts +€4,985
up €4,985 (+638%), from €781 to €5,766
- Tax, wage and social debts +€3,083
up €3,083 (+154%), from €2,005 to €5,088
- Current portion of long-term debt +€2,946
up €2,946 (+184%), from €1,597 to €4,543
Income statement
- Gross operating margin +€12,422
up €12,422 (+122%), from €10,165 to €22,587
- Taxes +€3,083
up €3,083 (+154%), from €2,005 to €5,088
- Depreciation +€1,129
up €1,129 (+36.2%), from €3,117 to €4,247
- Financial charges +€634
up €634 (+381%), from €166 to €801
- Financial income +€255
new in 2025: €255
Change in the result, 2024 to 2025
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 2024
€4,758
Gross operating margin
+€12,422
Depreciation
-€1,129
Other operating charges
-€138
Financial income
+€255
Financial charges
-€634
Taxes
-€3,083
Result 2025
€12,450
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€25,489
Investment
-€35,551
Financing
+€19,436
Cash 2024
€45,119
From operations (derived)
+€25,489
Net result for the year
+€12,450
Depreciation
+€4,247
Receivables within one year
+€775
Deferred charges and accrued income
-€50
Trade debts
+€4,985
Tax, wage and social debts
+€3,083
Investment (derived)
-€35,551
Investment in fixed assets (net)
-€35,551
Financing
+€19,436
Debts after one year
+€16,490
Current portion of long-term debt
+€2,946
Cash 2025
€54,493
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,126 | €98,080 | +€39,954 | +68.7% |
| Fixed assets | 21/28 | - | €31,304 | +€31,304 | |
| Tangible fixed assets | 22/27 | - | €31,304 | +€31,304 | |
| Furniture and vehicles | 24 | - | €31,304 | +€31,304 | |
| Current assets | 29/58 | €58,126 | €66,776 | +€8,650 | +14.9% |
| Stocks and contracts in progress | 3 | €150 | €150 | = | 0.0% |
| Stocks | 30/36 | €150 | €150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,281 | €11,506 | -€775 | -6.3% |
| Trade receivables | 40 | €8,117 | €1,839 | -€6,278 | -77.3% |
| Other amounts receivable | 41 | €4,164 | €9,668 | +€5,504 | +132% |
| Cash at bank and in hand | 54/58 | €45,119 | €54,493 | +€9,375 | +20.8% |
| Deferred charges and accrued income | 490/1 | €576 | €626 | +€50 | +8.8% |
| Total equity and liabilities | 10/49 | €58,126 | €98,080 | +€39,954 | +68.7% |
| Equity | 10/15 | €53,744 | €66,194 | +€12,450 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,023 | €53,473 | +€12,450 | +30.3% |
| Distributable reserves | 133 | €41,023 | €53,473 | +€12,450 | +30.3% |
| Profit (loss) carried forward | 14 | €6,521 | €6,521 | = | 0.0% |
| Amounts payable | 17/49 | €4,382 | €31,887 | +€27,504 | +628% |
| Amounts payable after more than one year | 17 | - | €16,490 | +€16,490 | |
| Financial debts | 170/4 | - | €16,490 | +€16,490 | |
| Amounts payable within one year | 42/48 | €4,382 | €15,397 | +€11,014 | +251% |
| Current portion of amounts payable after more than one year | 42 | €1,597 | €4,543 | +€2,946 | +184% |
| Trade debts | 44 | €781 | €5,766 | +€4,985 | +638% |
| Suppliers | 440/4 | €781 | €5,766 | +€4,985 | +638% |
| Taxes, remuneration and social security | 45 | €2,005 | €5,088 | +€3,083 | +154% |
| Taxes | 450/3 | €2,005 | €5,088 | +€3,083 | +154% |
| Non-recurring operating income | 76A | - | €11,656 | +€11,656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,117 | €4,247 | +€1,129 | +36.2% |
| Other operating charges | 640/8 | €119 | €257 | +€138 | +116% |
| Gross operating margin | 9900 | €10,165 | €22,587 | +€12,422 | +122% |
| Operating profit (loss) | 9901 | €6,929 | €18,084 | +€11,155 | +161% |
| Financial income | 75/76B | - | €255 | +€255 | |
| Recurring financial income | 75 | - | €255 | +€255 | |
| Financial charges | 65/66B | €166 | €801 | +€634 | +381% |
| Recurring financial charges | 65 | €166 | €801 | +€634 | +381% |
| Profit (loss) for the period before taxes | 9903 | €6,762 | €17,538 | +€10,775 | +159% |
| Income taxes | 67/77 | €2,005 | €5,088 | +€3,083 | +154% |
| Profit (loss) for the period | 9904 | €4,758 | €12,450 | +€7,692 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €4,758 | €12,450 | +€7,692 | +162% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.