Staalmeester: what changed
Two fiscal 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.
Staalmeester
Largest movements
- Tangible fixed assets +€32,364
up €32,364 (+6.6%), from €491,431 to €523,796
- Receivables within one year -€26,623
down €26,623 (-98.0%), from €27,163 to €540
of which Other amounts receivable: -€26,623
- Cash -€5,298
down €5,298 (-83.4%), from €6,352 to €1,054
mainly Investment in fixed assets (net) (-€32,364) and Net result for the year (-€13,773)
- Profit (loss) carried forward -€13,773
down €13,773 (-43.4%), from -€31,727 to -€45,500
- Other debts +€12,546
up €12,546 (+2.6%), from €488,500 to €501,046
- Taxes +€47,808
up €47,808, from -€47,808 to €0
- Financial charges -€21,794
down €21,794 (-99.4%), from €21,922 to €128
- Gross operating margin -€9,782
down €9,782 (-292.6%), from -€3,343 to -€13,125
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 | €524,946 | €525,389 | +€443 | +0.1% |
| Fixed assets | 21/28 | €491,431 | €523,796 | +€32,364 | +6.6% |
| Tangible fixed assets | 22/27 | €491,431 | €523,796 | +€32,364 | +6.6% |
| Land and buildings | 22 | €491,431 | €523,796 | +€32,364 | +6.6% |
| Current assets | 29/58 | €33,515 | €1,594 | -€31,921 | -95.2% |
| Amounts receivable within one year | 40/41 | €27,163 | €540 | -€26,623 | -98.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €27,163 | €540 | -€26,623 | -98.0% |
| Cash at bank and in hand | 54/58 | €6,352 | €1,054 | -€5,298 | -83.4% |
| Total equity and liabilities | 10/49 | €524,946 | €525,389 | +€443 | +0.1% |
| Equity | 10/15 | €36,446 | €22,673 | -€13,773 | -37.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,727 | -€45,500 | -€13,773 | -43.4% |
| Amounts payable | 17/49 | €488,500 | €502,716 | +€14,216 | +2.9% |
| Amounts payable within one year | 42/48 | €488,500 | €502,716 | +€14,216 | +2.9% |
| Trade debts | 44 | €0 | €1,670 | +€1,670 | |
| Suppliers | 440/4 | €0 | €1,670 | +€1,670 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €488,500 | €501,046 | +€12,546 | +2.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€3,343 | -€13,125 | -€9,782 | -292.6% |
| Operating profit (loss) | 9901 | -€3,848 | -€13,645 | -€9,797 | -254.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €21,922 | €128 | -€21,794 | -99.4% |
| Recurring financial charges | 65 | €21,922 | €128 | -€21,794 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,770 | -€13,773 | +€11,997 | +46.6% |
| Income taxes | 67/77 | -€47,808 | €0 | +€47,808 | |
| Profit (loss) for the period | 9904 | €22,038 | -€13,773 | -€35,811 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,038 | -€13,773 | -€35,811 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.