JOS STAPPAERTS: 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.
JOS STAPPAERTS
Largest movements
- Tangible fixed assets -€29,452
down €29,452 (-7.8%), from €375,955 to €346,503
- Receivables within one year -€4,134
no longer reported in 2024 (was €4,134)
of which Other amounts receivable: -€2,942
- Short-term financial debts -€41,113
down €41,113 (-90.5%), from €45,444 to €4,331
- Other debts +€26,700
up €26,700 (+95.1%), from €28,062 to €54,762
- Debts after one year -€21,638
down €21,638 (-6.2%), from €347,693 to €326,054
- Profit (loss) carried forward -€7,022
down €7,022 (-8.4%), from -€83,831 to -€90,852
- Tax, wage and social debts +€4,525
up €4,525 (+603%), from €750 to €5,275
- Gross operating margin +€17,612
up €17,612 (+157%), from €11,229 to €28,841
- Financial income +€4,815
up €4,815 (+845%), from €570 to €5,384
of which Financial income: +€4,815
- Financial charges -€2,334
down €2,334 (-16.1%), from €14,459 to €12,125
- Depreciation -€808
down €808 (-3.0%), from €26,563 to €25,755
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €384,419 | €347,003 | -€37,416 | -9.7% |
| Fixed assets | 21/28 | €375,955 | €346,503 | -€29,452 | -7.8% |
| Tangible fixed assets | 22/27 | €375,955 | €346,503 | -€29,452 | -7.8% |
| Land and buildings | 22 | €299,750 | €286,847 | -€12,903 | -4.3% |
| Plant, machinery and equipment | 23 | €8,345 | €4,686 | -€3,658 | -43.8% |
| Furniture and vehicles | 24 | €2,739 | - | -€2,739 | |
| Leasing and similar rights | 25 | €32,557 | €25,302 | -€7,255 | -22.3% |
| Other tangible fixed assets | 26 | €32,564 | €29,667 | -€2,898 | -8.9% |
| Current assets | 29/58 | €8,464 | €500 | -€7,964 | -94.1% |
| Stocks and contracts in progress | 3 | €3,524 | - | -€3,524 | |
| Stocks | 30/36 | €3,524 | - | -€3,524 | |
| Amounts receivable within one year | 40/41 | €4,134 | - | -€4,134 | |
| Trade receivables | 40 | €1,193 | - | -€1,193 | |
| Other amounts receivable | 41 | €2,942 | - | -€2,942 | |
| Cash at bank and in hand | 54/58 | €805 | €500 | -€305 | -37.9% |
| Total equity and liabilities | 10/49 | €384,419 | €347,003 | -€37,416 | -9.7% |
| Equity | 10/15 | -€73,831 | -€80,852 | -€7,022 | -9.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,831 | -€90,852 | -€7,022 | -8.4% |
| Amounts payable | 17/49 | €458,249 | €427,855 | -€30,395 | -6.6% |
| Amounts payable after more than one year | 17 | €347,693 | €326,054 | -€21,638 | -6.2% |
| Financial debts | 170/4 | €347,693 | €326,054 | -€21,638 | -6.2% |
| Amounts payable within one year | 42/48 | €110,557 | €101,801 | -€8,756 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €19,663 | €21,638 | +€1,976 | +10.0% |
| Financial debts | 43 | €45,444 | €4,331 | -€41,113 | -90.5% |
| Credit institutions | 430/8 | €45,444 | €4,331 | -€41,113 | -90.5% |
| Trade debts | 44 | €16,639 | €15,794 | -€845 | -5.1% |
| Suppliers | 440/4 | €16,639 | €15,794 | -€845 | -5.1% |
| Taxes, remuneration and social security | 45 | €750 | €5,275 | +€4,525 | +603% |
| Taxes | 450/3 | €750 | €5,275 | +€4,525 | +603% |
| Other amounts payable | 47/48 | €28,062 | €54,762 | +€26,700 | +95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,563 | €25,755 | -€808 | -3.0% |
| Other operating charges | 640/8 | €602 | €623 | +€21 | +3.5% |
| Non-recurring operating charges | 66A | €2,225 | €2,744 | +€519 | +23.3% |
| Gross operating margin | 9900 | €11,229 | €28,841 | +€17,612 | +157% |
| Operating profit (loss) | 9901 | -€18,161 | -€281 | +€17,880 | +98.5% |
| Financial income | 75/76B | €570 | €5,384 | +€4,815 | +845% |
| Recurring financial income | 75 | €570 | €5,384 | +€4,815 | +845% |
| Non-recurring financial income | 76B | €570 | €5,384 | +€4,815 | +845% |
| Financial charges | 65/66B | €14,459 | €12,125 | -€2,334 | -16.1% |
| Recurring financial charges | 65 | €14,459 | €12,125 | -€2,334 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€32,051 | -€7,022 | +€25,029 | +78.1% |
| Profit (loss) for the period | 9904 | -€32,051 | -€7,022 | +€25,029 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,051 | -€7,022 | +€25,029 | +78.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.