STAAYEN: 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.
STAAYEN
Largest movements
- Cash -€323,446
down €323,446 (-96.0%), from €337,001 to €13,555
mainly Debts after one year (-€399,357) and Tax, wage and social debts (-€38,345)
- Tangible fixed assets -€24,454
down €24,454 (-3.7%), from €658,507 to €634,052
of which Land and buildings: -€22,836
- Receivables within one year -€14,075
down €14,075 (-100.0%), from €14,075 to €0
- Debts after one year -€399,357
down €399,357 (-64.9%), from €615,801 to €216,444
- Reserves +€91,249
up €91,249 (+32.8%), from €277,855 to €369,104
of which Distributable reserves: +€91,249
- Tax, wage and social debts -€38,345
down €38,345 (-98.9%), from €38,762 to €416
- Accrued charges and deferred income -€14,075
down €14,075 (-100.0%), from €14,075 to €0
- Gross operating margin +€28,634
up €28,634 (+20.4%), from €140,673 to €169,307
- Provisions +€25,000
up €25,000, from -€25,000 to €0
- Taxes -€8,345
down €8,345 (-21.5%), from €38,762 to €30,416
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.
Cash bridge derived
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 | €1,012,771 | €650,895 | -€361,876 | -35.7% |
| Fixed assets | 21/28 | €658,507 | €634,052 | -€24,454 | -3.7% |
| Tangible fixed assets | 22/27 | €658,507 | €634,052 | -€24,454 | -3.7% |
| Land and buildings | 22 | €653,771 | €630,936 | -€22,836 | -3.5% |
| Plant, machinery and equipment | 23 | €4,736 | €3,117 | -€1,619 | -34.2% |
| Current assets | 29/58 | €354,264 | €16,843 | -€337,421 | -95.2% |
| Amounts receivable within one year | 40/41 | €14,075 | €0 | -€14,075 | -100.0% |
| Trade receivables | 40 | €14,075 | €0 | -€14,075 | -100.0% |
| Cash at bank and in hand | 54/58 | €337,001 | €13,555 | -€323,446 | -96.0% |
| Deferred charges and accrued income | 490/1 | €3,188 | €3,288 | +€100 | +3.1% |
| Total equity and liabilities | 10/49 | €1,012,771 | €650,895 | -€361,876 | -35.7% |
| Equity | 10/15 | €339,355 | €430,604 | +€91,249 | +26.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €277,855 | €369,104 | +€91,249 | +32.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €271,705 | €362,954 | +€91,249 | +33.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €673,416 | €220,291 | -€453,125 | -67.3% |
| Amounts payable after more than one year | 17 | €615,801 | €216,444 | -€399,357 | -64.9% |
| Financial debts | 170/4 | €615,801 | €216,444 | -€399,357 | -64.9% |
| Amounts payable within one year | 42/48 | €43,539 | €3,847 | -€39,692 | -91.2% |
| Trade debts | 44 | €4,378 | €3,288 | -€1,089 | -24.9% |
| Suppliers | 440/4 | €4,378 | €3,288 | -€1,089 | -24.9% |
| Taxes, remuneration and social security | 45 | €38,762 | €416 | -€38,345 | -98.9% |
| Taxes | 450/3 | €38,762 | €416 | -€38,345 | -98.9% |
| Other amounts payable | 47/48 | €400 | €143 | -€257 | -64.3% |
| Accrued charges and deferred income | 492/3 | €14,075 | €0 | -€14,075 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,067 | €24,454 | +€1,388 | +6.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€25,000 | €0 | +€25,000 | |
| Other operating charges | 640/8 | €24,698 | €23,144 | -€1,554 | -6.3% |
| Gross operating margin | 9900 | €140,673 | €169,307 | +€28,634 | +20.4% |
| Operating profit (loss) | 9901 | €117,908 | €121,708 | +€3,801 | +3.2% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €117,869 | €121,665 | +€3,796 | +3.2% |
| Income taxes | 67/77 | €38,762 | €30,416 | -€8,345 | -21.5% |
| Profit (loss) for the period | 9904 | €79,107 | €91,249 | +€12,141 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,107 | €91,249 | +€12,141 | +15.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.