STAALGROEP: 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.
STAALGROEP
Largest movements
- Cash -€6,339
down €6,339 (-34.4%), from €18,449 to €12,109
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€4,595)
- Receivables within one year +€4,595
up €4,595 (+35.5%), from €12,934 to €17,529
of which Other amounts receivable: +€4,598
- Intangible fixed assets -€2,650
down €2,650 (-97.8%), from €2,711 to €61
- Profit (loss) carried forward -€19,501
down €19,501 (-68.8%), from €28,350 to €8,850
- Other debts +€16,202
up €16,202 (+8168.2%), from €198 to €16,400
- Trade debts -€1,221
down €1,221 (-43.4%), from €2,811 to €1,591
- Gross operating margin +€11,563
up €11,563 (+324.3%), from €3,565 to €15,128
- Taxes +€5,836
up €5,836, from -€2,804 to €3,031
- Financial charges +€1,074
up €1,074 (+55.0%), from €1,952 to €3,026
- Other operating charges +€970
up €970 (+58.0%), from €1,671 to €2,641
- Depreciation +€536
up €536 (+9.5%), from €5,626 to €6,162
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.
Cash bridge derived
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 | €41,946 | €37,422 | -€4,524 | -10.8% |
| Fixed assets | 21/28 | €10,563 | €7,784 | -€2,780 | -26.3% |
| Intangible fixed assets | 21 | €2,711 | €61 | -€2,650 | -97.8% |
| Tangible fixed assets | 22/27 | €7,853 | €7,723 | -€130 | -1.7% |
| Plant, machinery and equipment | 23 | €2,760 | €4,717 | +€1,958 | +70.9% |
| Furniture and vehicles | 24 | €5,093 | €3,005 | -€2,087 | -41.0% |
| Current assets | 29/58 | €31,383 | €29,638 | -€1,744 | -5.6% |
| Amounts receivable within one year | 40/41 | €12,934 | €17,529 | +€4,595 | +35.5% |
| Trade receivables | 40 | €3,062 | €3,059 | -€3 | -0.1% |
| Other amounts receivable | 41 | €9,872 | €14,470 | +€4,598 | +46.6% |
| Cash at bank and in hand | 54/58 | €18,449 | €12,109 | -€6,339 | -34.4% |
| Total equity and liabilities | 10/49 | €41,946 | €37,422 | -€4,524 | -10.8% |
| Equity | 10/15 | €30,350 | €10,850 | -€19,501 | -64.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,350 | €8,850 | -€19,501 | -68.8% |
| Amounts payable | 17/49 | €11,596 | €26,572 | +€14,977 | +129.2% |
| Amounts payable within one year | 42/48 | €11,596 | €26,572 | +€14,977 | +129.2% |
| Trade debts | 44 | €2,811 | €1,591 | -€1,221 | -43.4% |
| Suppliers | 440/4 | €2,811 | €1,591 | -€1,221 | -43.4% |
| Taxes, remuneration and social security | 45 | €8,586 | €8,582 | -€4 | -0.1% |
| Taxes | 450/3 | €7,085 | €8,582 | +€1,497 | +21.1% |
| Remuneration and social security | 454/9 | €1,502 | €0 | -€1,502 | -100.0% |
| Other amounts payable | 47/48 | €198 | €16,400 | +€16,202 | +8168.2% |
| Remuneration, social security and pensions | 62 | €500 | €0 | -€500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,626 | €6,162 | +€536 | +9.5% |
| Other operating charges | 640/8 | €1,671 | €2,641 | +€970 | +58.0% |
| Gross operating margin | 9900 | €3,565 | €15,128 | +€11,563 | +324.3% |
| Operating profit (loss) | 9901 | -€4,232 | €6,325 | +€10,557 | |
| Financial income | 75/76B | €269 | €232 | -€38 | -13.9% |
| Recurring financial income | 75 | €269 | €232 | -€38 | -13.9% |
| Financial charges | 65/66B | €1,952 | €3,026 | +€1,074 | +55.0% |
| Recurring financial charges | 65 | €1,952 | €3,026 | +€1,074 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,915 | €3,531 | +€9,445 | |
| Income taxes | 67/77 | -€2,804 | €3,031 | +€5,836 | |
| Profit (loss) for the period | 9904 | -€3,110 | €499 | +€3,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,110 | €499 | +€3,610 |
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 9 October 2026 via checked.be.