GROEP STAELENS: what changed
What changed
GROEP STAELENS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€19,598
2024 · €12,718+€6,881
Equity
€343,857
2024 · €324,259+€19,598
Cash
€202,398
2024 · €147,294+€55,104
Balance sheet total
€896,697
2024 · €845,090+€51,608
Largest movements
Assets
- Cash +€55,104
up €55,104 (+37.4%), from €147,294 to €202,398
mainly Receivables within one year (+€39,830) and Depreciation (+€28,472)
- Receivables within one year -€39,830
down €39,830 (-61.5%), from €64,718 to €24,888
of which Trade receivables: -€34,866
- Tangible fixed assets +€34,327
up €34,327 (+6.9%), from €497,964 to €532,291
of which Furniture and vehicles: +€51,503
Equity and liabilities
- Reserves +€19,598
up €19,598 (+6.2%), from €316,204 to €335,802
- Debts after one year +€11,731
up €11,731 (+3.5%), from €338,814 to €350,545
- Trade debts +€9,236
up €9,236 (+17.0%), from €54,330 to €63,565
Income statement
- Gross operating margin +€13,289
up €13,289 (+7.7%), from €171,947 to €185,236
- Financial charges +€11,037
up €11,037 (+51.7%), from €21,336 to €32,373
- Staff costs -€2,139
down €2,139 (-2.2%), from €96,819 to €94,680
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
€12,718
Gross operating margin
+€13,289
Staff costs
+€2,139
Depreciation
+€1,287
Other operating charges
+€861
Financial income
+€1,605
Financial charges
-€11,037
Taxes
-€1,263
Result 2025
€19,598
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
+€102,598
Investment
-€62,799
Financing
+€15,306
Cash 2024
€147,294
From operations (derived)
+€102,598
Net result for the year
+€19,598
Depreciation
+€28,472
Stocks and contracts
+€1,355
Receivables within one year
+€39,830
Deferred charges and accrued income
-€3,361
Trade debts
+€9,236
Tax, wage and social debts
+€2,023
Other debts
+€5,445
Investment (derived)
-€62,799
Investment in fixed assets (net)
-€62,799
Financing
+€15,306
Debts after one year
+€11,731
Current portion of long-term debt
+€6,986
Short-term financial debts
-€3,411
Cash 2025
€202,398
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €845,090 | €896,697 | +€51,608 | +6.1% |
| Fixed assets | 21/28 | €497,964 | €532,291 | +€34,327 | +6.9% |
| Tangible fixed assets | 22/27 | €497,964 | €532,291 | +€34,327 | +6.9% |
| Land and buildings | 22 | €488,264 | €471,088 | -€17,176 | -3.5% |
| Furniture and vehicles | 24 | €9,700 | €61,203 | +€51,503 | +531% |
| Current assets | 29/58 | €347,126 | €364,406 | +€17,280 | +5.0% |
| Stocks and contracts in progress | 3 | €133,004 | €131,649 | -€1,355 | -1.0% |
| Stocks | 30/36 | €116,772 | €70,595 | -€46,177 | -39.5% |
| Contracts in progress | 37 | €16,232 | €61,054 | +€44,822 | +276% |
| Amounts receivable within one year | 40/41 | €64,718 | €24,888 | -€39,830 | -61.5% |
| Trade receivables | 40 | €54,967 | €20,101 | -€34,866 | -63.4% |
| Other amounts receivable | 41 | €9,751 | €4,787 | -€4,964 | -50.9% |
| Cash at bank and in hand | 54/58 | €147,294 | €202,398 | +€55,104 | +37.4% |
| Deferred charges and accrued income | 490/1 | €2,110 | €5,472 | +€3,361 | +159% |
| Total equity and liabilities | 10/49 | €845,090 | €896,697 | +€51,608 | +6.1% |
| Equity | 10/15 | €324,259 | €343,857 | +€19,598 | +6.0% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €316,204 | €335,802 | +€19,598 | +6.2% |
| Distributable reserves | 133 | €316,204 | €335,802 | +€19,598 | +6.2% |
| Amounts payable | 17/49 | €520,831 | €552,840 | +€32,009 | +6.1% |
| Amounts payable after more than one year | 17 | €338,814 | €350,545 | +€11,731 | +3.5% |
| Financial debts | 170/4 | €338,814 | €350,545 | +€11,731 | +3.5% |
| Amounts payable within one year | 42/48 | €182,017 | €202,295 | +€20,279 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €40,932 | €47,918 | +€6,986 | +17.1% |
| Financial debts | 43 | €3,411 | - | -€3,411 | |
| Credit institutions | 430/8 | €3,411 | - | -€3,411 | |
| Trade debts | 44 | €54,330 | €63,565 | +€9,236 | +17.0% |
| Suppliers | 440/4 | €54,330 | €63,565 | +€9,236 | +17.0% |
| Taxes, remuneration and social security | 45 | €2,348 | €4,371 | +€2,023 | +86.2% |
| Taxes | 450/3 | €210 | €2,185 | +€1,975 | +940% |
| Remuneration and social security | 454/9 | €2,138 | €2,187 | +€49 | +2.3% |
| Other amounts payable | 47/48 | €80,996 | €86,440 | +€5,445 | +6.7% |
| Non-recurring operating income | 76A | - | €14,140 | +€14,140 | |
| Remuneration, social security and pensions | 62 | €96,819 | €94,680 | -€2,139 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,759 | €28,472 | -€1,287 | -4.3% |
| Other operating charges | 640/8 | €6,159 | €5,299 | -€861 | -14.0% |
| Gross operating margin | 9900 | €171,947 | €185,236 | +€13,289 | +7.7% |
| Operating profit (loss) | 9901 | €39,210 | €56,785 | +€17,575 | +44.8% |
| Financial income | 75/76B | €2,337 | €3,943 | +€1,605 | +68.7% |
| Recurring financial income | 75 | €2,337 | €3,943 | +€1,605 | +68.7% |
| Financial charges | 65/66B | €21,336 | €32,373 | +€11,037 | +51.7% |
| Recurring financial charges | 65 | €21,336 | €32,373 | +€11,037 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €20,211 | €28,355 | +€8,144 | +40.3% |
| Income taxes | 67/77 | €7,493 | €8,757 | +€1,263 | +16.9% |
| Profit (loss) for the period | 9904 | €12,718 | €19,598 | +€6,881 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,718 | €19,598 | +€6,881 | +54.1% |
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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 5 November 2026 via checked.be.