STACA: 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.
What changed
STACA
NACE 49.310, Scheduled passenger transport by road
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.5m
2024 · €651,881+€1.8m
Equity
€24.1m
2024 · €22.4m+€1.7m
Cash
€1,111
2024 · €91+€1,020
Balance sheet total
€38.0m
2024 · €27.6m+€10.5m
Largest movements
Assets
- Tangible fixed assets +€16.0m
up €16.0m (+883.1%), from €1.8m to €17.8m
of which Leasing and similar rights: +€9.5m
- Receivables within one year -€5.5m
down €5.5m (-21.8%), from €25.4m to €19.8m
of which Other amounts receivable: -€4.8m
Equity and liabilities
- Debts after one year +€8.0m
up €8.0m (+441.6%), from €1.8m to €9.8m
- Reserves +€1.7m
up €1.7m (+7.8%), from €22.3m to €24.1m
of which Tax-exempt reserves: +€998,336
- Current portion of long-term debt +€942,320
up €942,320 (+229.5%), from €410,586 to €1.4m
- Other debts +€745,000
up €745,000 (+68724.4%), from €1,084 to €746,084
- Tax, wage and social debts -€460,792
down €460,792 (-24.3%), from €1.9m to €1.4m
of which Remuneration and social security: -€374,723
Income statement
- Turnover -€2.2m
down €2.2m (-12.5%), from €17.4m to €15.2m
- Other operating charges -€1.4m
down €1.4m (-78.9%), from €1.8m to €381,264
- Goods and materials -€1.2m
down €1.2m (-31.9%), from €3.8m to €2.6m
of which Purchases: -€1.1m
- Financial income -€942,938
down €942,938 (-67.5%), from €1.4m to €454,872
- Staff costs -€756,056
down €756,056 (-7.8%), from €9.8m to €9.0m
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.
Result 2024
€651,881
Turnover
-€2.2m
Other operating income
-€193,125
Goods and materials
+€1.2m
Services and other goods
+€40,295
Staff costs
+€756,056
Depreciation
-€275,237
Write-downs
-€4,883
Other operating charges
+€1.4m
Other operating items
+€1.9m
Financial income
-€942,938
Financial charges
-€172,554
Taxes
+€277,763
Result 2025
€2.5m
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.
From operations
+€8.8m
Investment
-€17.0m
Financing
+€8.2m
Cash 2024
€91
From operations (derived)
+€8.8m
Net result for the year
+€2.5m
Depreciation
+€965,739
Smaller working-capital items
+€8,523
Receivables within one year
+€5.5m
Trade debts
-€302,020
Tax, wage and social debts
-€460,792
Other debts
+€745,000
Accrued charges and deferred income
-€185,330
Investment (derived)
-€17.0m
Investment in fixed assets (net)
-€17.0m
Financing
+€8.2m
Debts after one year
+€8.0m
Current portion of long-term debt
+€942,320
Contributions, distributions and other
-€745,000
Cash 2025
€1,111
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,552,540 | €38,034,427 | +€10.5m | +38.0% |
| Fixed assets | 21/28 | €1,818,049 | €17,844,282 | +€16.0m | +881.5% |
| Tangible fixed assets | 22/27 | €1,814,752 | €17,840,985 | +€16.0m | +883.1% |
| Land and buildings | 22 | €15,375 | €5,836,753 | +€5.8m | +37861.6% |
| Plant, machinery and equipment | 23 | €43,945 | €32,807 | -€11,137 | -25.3% |
| Furniture and vehicles | 24 | €85,891 | €504,792 | +€418,901 | +487.7% |
| Leasing and similar rights | 25 | €1,660,549 | €11,133,051 | +€9.5m | +570.4% |
| Other tangible fixed assets | 26 | €8,992 | €8,879 | -€113 | -1.3% |
| Assets under construction and advance payments | 27 | - | €324,702 | +€324,702 | |
| Financial fixed assets | 28 | €3,297 | €3,297 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,297 | €3,297 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,297 | €3,297 | = | 0.0% |
| Current assets | 29/58 | €25,734,491 | €20,190,145 | -€5.5m | -21.5% |
| Amounts receivable after more than one year | 29 | €3,338 | €2,810 | -€528 | -15.8% |
| Other amounts receivable | 291 | €3,338 | €2,810 | -€528 | -15.8% |
| Stocks and contracts in progress | 3 | €247,174 | €222,102 | -€25,072 | -10.1% |
| Stocks | 30/36 | €247,174 | €222,102 | -€25,072 | -10.1% |
| Raw materials and consumables | 30/31 | €247,174 | €222,102 | -€25,072 | -10.1% |
| Amounts receivable within one year | 40/41 | €25,377,707 | €19,840,864 | -€5.5m | -21.8% |
| Trade receivables | 40 | €2,103,995 | €1,350,120 | -€753,875 | -35.8% |
| Other amounts receivable | 41 | €23,273,713 | €18,490,744 | -€4.8m | -20.6% |
| Cash at bank and in hand | 54/58 | €91 | €1,111 | +€1,020 | +1118.5% |
| Deferred charges and accrued income | 490/1 | €106,181 | €123,258 | +€17,077 | +16.1% |
| Total equity and liabilities | 10/49 | €27,552,540 | €38,034,427 | +€10.5m | +38.0% |
| Equity | 10/15 | €22,402,496 | €24,144,390 | +€1.7m | +7.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €22,330,914 | €24,074,250 | +€1.7m | +7.8% |
| Non-distributable reserves | 130/1 | €88,002 | €88,002 | = | 0.0% |
| Legal reserve | 130 | €88,002 | €88,002 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,435,912 | €2,434,248 | +€998,336 | +69.5% |
| Distributable reserves | 133 | €20,807,000 | €21,552,000 | +€745,000 | +3.6% |
| Profit (loss) carried forward | 14 | €6,582 | €5,139 | -€1,443 | -21.9% |
| Amounts payable | 17/49 | €5,150,044 | €13,890,038 | +€8.7m | +169.7% |
| Amounts payable after more than one year | 17 | €1,811,888 | €9,812,704 | +€8.0m | +441.6% |
| Financial debts | 170/4 | €1,811,888 | €9,812,704 | +€8.0m | +441.6% |
| Leasing and similar obligations | 172 | €1,811,888 | €9,812,704 | +€8.0m | +441.6% |
| Amounts payable within one year | 42/48 | €2,905,718 | €3,830,225 | +€924,508 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €410,586 | €1,352,907 | +€942,320 | +229.5% |
| Trade debts | 44 | €600,425 | €298,405 | -€302,020 | -50.3% |
| Suppliers | 440/4 | €600,425 | €298,405 | -€302,020 | -50.3% |
| Taxes, remuneration and social security | 45 | €1,893,622 | €1,432,830 | -€460,792 | -24.3% |
| Taxes | 450/3 | €320,275 | €234,205 | -€86,069 | -26.9% |
| Remuneration and social security | 454/9 | €1,573,347 | €1,198,624 | -€374,723 | -23.8% |
| Other amounts payable | 47/48 | €1,084 | €746,084 | +€745,000 | +68724.4% |
| Accrued charges and deferred income | 492/3 | €432,438 | €247,108 | -€185,330 | -42.9% |
| Operating income | 70/76A | €17,939,402 | €17,469,259 | -€470,142 | -2.6% |
| Turnover | 70 | €17,375,693 | €15,203,031 | -€2.2m | -12.5% |
| Other operating income | 74 | €563,709 | €370,583 | -€193,125 | -34.3% |
| Non-recurring operating income | 76A | - | €1,895,644 | +€1.9m | |
| Operating charges | 60/66A | €18,335,573 | €15,192,690 | -€3.1m | -17.1% |
| Goods for resale, raw materials and consumables | 60 | €3,771,902 | €2,568,077 | -€1.2m | -31.9% |
| Purchases | 600/8 | €3,647,713 | €2,542,128 | -€1.1m | -30.3% |
| Change in stocks: decrease (increase) | 609 | €124,189 | €25,949 | -€98,240 | -79.1% |
| Services and other goods | 61 | €2,324,612 | €2,284,317 | -€40,295 | -1.7% |
| Remuneration, social security and pensions | 62 | €9,750,224 | €8,994,169 | -€756,056 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €690,503 | €965,739 | +€275,237 | +39.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,760 | -€877 | +€4,883 | +84.8% |
| Other operating charges | 640/8 | €1,804,091 | €381,264 | -€1.4m | -78.9% |
| Operating profit (loss) | 9901 | -€396,171 | €2,276,570 | +€2.7m | |
| Financial income | 75/76B | €1,397,810 | €454,872 | -€942,938 | -67.5% |
| Recurring financial income | 75 | €1,397,810 | €454,872 | -€942,938 | -67.5% |
| Income from current assets | 751 | €1,333,408 | €429,697 | -€903,711 | -67.8% |
| Other financial income | 752/9 | €64,402 | €25,175 | -€39,227 | -60.9% |
| Financial charges | 65/66B | €80,433 | €252,987 | +€172,554 | +214.5% |
| Recurring financial charges | 65 | €80,433 | €252,987 | +€172,554 | +214.5% |
| Debt charges | 650 | €66,728 | €239,764 | +€173,036 | +259.3% |
| Other financial charges | 652/9 | €13,706 | €13,223 | -€483 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €921,205 | €2,478,454 | +€1.6m | +169.0% |
| Income taxes | 67/77 | €269,324 | -€8,439 | -€277,763 | |
| Taxes | 670/3 | €271,909 | €449 | -€271,460 | -99.8% |
| Tax adjustments and reversals of tax provisions | 77 | €2,585 | €8,888 | +€6,303 | +243.8% |
| Profit (loss) for the period | 9904 | €651,881 | €2,486,893 | +€1.8m | +281.5% |
| Transfer from tax-exempt reserves | 789 | €4,000 | - | -€4,000 | |
| Transfer to tax-exempt reserves | 689 | - | €998,336 | +€998,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €655,881 | €1,488,557 | +€832,676 | +127.0% |
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 10 October 2026 via checked.be.