Ets STAFF: 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.
Ets STAFF
Largest movements
- Deferred charges and accrued income -€9,375
down €9,375 (-87.1%), from €10,759 to €1,384
- Stocks and contracts -€5,320
down €5,320 (-18.5%), from €28,760 to €23,440
- Receivables within one year -€2,769
down €2,769 (-6.2%), from €44,921 to €42,152
of which Other amounts receivable: -€6,048
- Cash -€1,874
down €1,874 (-100%), from €1,874 to €0
mainly Net result for the year (-€24,389) and Trade debts (-€10,333)
- Tangible fixed assets +€924
up €924 (+44.8%), from €2,059 to €2,983
of which Plant, machinery and equipment: +€1,524
- Profit (loss) carried forward -€24,389
down €24,389 (-72.9%), from -€33,469 to -€57,859
- Tax, wage and social debts +€20,757
up €20,757 (+134%), from €15,474 to €36,230
of which Remuneration and social security: +€20,665
- Trade debts -€10,333
down €10,333 (-24.1%), from €42,841 to €32,509
- Short-term financial debts -€5,404
down €5,404 (-54.6%), from €9,899 to €4,495
- Other debts +€918
new in 2025: €918
- Gross operating margin -€29,355
down €29,355 (-27.0%), from €108,769 to €79,414
- Taxes -€2,051
down €2,051 (-95.7%), from €2,142 to €92
- Financial charges +€2,022
up €2,022 (+111%), from €1,819 to €3,841
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 | €88,523 | €70,109 | -€18,414 | -20.8% |
| Fixed assets | 21/28 | €2,209 | €3,133 | +€924 | +41.8% |
| Tangible fixed assets | 22/27 | €2,059 | €2,983 | +€924 | +44.8% |
| Plant, machinery and equipment | 23 | €1,459 | €2,983 | +€1,524 | +104% |
| Furniture and vehicles | 24 | €600 | - | -€600 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €86,314 | €66,976 | -€19,338 | -22.4% |
| Stocks and contracts in progress | 3 | €28,760 | €23,440 | -€5,320 | -18.5% |
| Stocks | 30/36 | €28,760 | €23,440 | -€5,320 | -18.5% |
| Amounts receivable within one year | 40/41 | €44,921 | €42,152 | -€2,769 | -6.2% |
| Trade receivables | 40 | €38,690 | €41,969 | +€3,280 | +8.5% |
| Other amounts receivable | 41 | €6,231 | €183 | -€6,048 | -97.1% |
| Cash at bank and in hand | 54/58 | €1,874 | €0 | -€1,874 | -100% |
| Deferred charges and accrued income | 490/1 | €10,759 | €1,384 | -€9,375 | -87.1% |
| Total equity and liabilities | 10/49 | €88,523 | €70,109 | -€18,414 | -20.8% |
| Equity | 10/15 | €15,131 | -€9,259 | -€24,389 | |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,469 | -€57,859 | -€24,389 | -72.9% |
| Amounts payable | 17/49 | €73,392 | €79,368 | +€5,975 | +8.1% |
| Amounts payable after more than one year | 17 | €5,179 | €5,179 | = | 0.0% |
| Other amounts payable | 178/9 | €5,179 | €5,179 | = | 0.0% |
| Amounts payable within one year | 42/48 | €68,214 | €74,152 | +€5,938 | +8.7% |
| Financial debts | 43 | €9,899 | €4,495 | -€5,404 | -54.6% |
| Credit institutions | 430/8 | €9,899 | €4,495 | -€5,404 | -54.6% |
| Trade debts | 44 | €42,841 | €32,509 | -€10,333 | -24.1% |
| Suppliers | 440/4 | €42,841 | €32,509 | -€10,333 | -24.1% |
| Taxes, remuneration and social security | 45 | €15,474 | €36,230 | +€20,757 | +134% |
| Taxes | 450/3 | €2,030 | €2,121 | +€92 | +4.5% |
| Remuneration and social security | 454/9 | €13,444 | €34,109 | +€20,665 | +154% |
| Other amounts payable | 47/48 | - | €918 | +€918 | |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Remuneration, social security and pensions | 62 | €97,786 | €96,994 | -€791 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €1,726 | +€329 | +23.5% |
| Other operating charges | 640/8 | €1,589 | €1,152 | -€437 | -27.5% |
| Gross operating margin | 9900 | €108,769 | €79,414 | -€29,355 | -27.0% |
| Operating profit (loss) | 9901 | €7,997 | -€20,459 | -€28,456 | |
| Financial income | 75/76B | €230 | €2 | -€227 | -98.9% |
| Recurring financial income | 75 | €230 | €2 | -€227 | -98.9% |
| Financial charges | 65/66B | €1,819 | €3,841 | +€2,022 | +111% |
| Recurring financial charges | 65 | €1,819 | €3,841 | +€2,022 | +111% |
| Profit (loss) for the period before taxes | 9903 | €6,407 | -€24,298 | -€30,704 | |
| Income taxes | 67/77 | €2,142 | €92 | -€2,051 | -95.7% |
| Profit (loss) for the period | 9904 | €4,264 | -€24,389 | -€28,654 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,264 | -€24,389 | -€28,654 |
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 16 October 2026 via checked.be.