STACO BELGIUM: 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.
STACO BELGIUM
Largest movements
- Cash +€126,403
up €126,403 (+56.7%), from €223,063 to €349,466
mainly Net result for the year (+€126,383) and Tax, wage and social debts (+€60,814)
- Receivables within one year -€55,971
down €55,971 (-7.7%), from €729,064 to €673,092
of which Trade receivables: -€53,333
- Tangible fixed assets -€25,777
down €25,777 (-25.2%), from €102,494 to €76,717
of which Furniture and vehicles: -€20,289
- Profit (loss) carried forward +€126,383
up €126,383 (+32.5%), from -€389,461 to -€263,078
- Short-term financial debts -€84,945
down €84,945 (-28.4%), from €298,746 to €213,801
- Debts after one year -€75,000
down €75,000 (-28.2%), from €266,250 to €191,250
- Tax, wage and social debts +€60,814
up €60,814 (+43.5%), from €139,809 to €200,623
of which Remuneration and social security: +€34,404
- Trade debts +€39,179
up €39,179 (+27.5%), from €142,728 to €181,907
- Gross operating margin +€509,243
up €509,243 (+132%), from €386,732 to €895,975
- Staff costs -€35,604
down €35,604 (-4.8%), from €737,935 to €702,331
- Other operating charges -€9,569
down €9,569 (-83.9%), from €11,400 to €1,832
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.
Derived cash bridge
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 | €1,083,928 | €1,137,192 | +€53,264 | +4.9% |
| Fixed assets | 21/28 | €108,382 | €82,609 | -€25,773 | -23.8% |
| Tangible fixed assets | 22/27 | €102,494 | €76,717 | -€25,777 | -25.2% |
| Furniture and vehicles | 24 | €72,260 | €51,971 | -€20,289 | -28.1% |
| Other tangible fixed assets | 26 | €30,234 | €24,746 | -€5,488 | -18.2% |
| Financial fixed assets | 28 | €5,888 | €5,892 | +€5 | +0.1% |
| Current assets | 29/58 | €975,546 | €1,054,583 | +€79,037 | +8.1% |
| Stocks and contracts in progress | 3 | €5,933 | €15,425 | +€9,491 | +160% |
| Stocks | 30/36 | €5,933 | €15,425 | +€9,491 | +160% |
| Amounts receivable within one year | 40/41 | €729,064 | €673,092 | -€55,971 | -7.7% |
| Trade receivables | 40 | €715,766 | €662,433 | -€53,333 | -7.5% |
| Other amounts receivable | 41 | €13,297 | €10,659 | -€2,638 | -19.8% |
| Cash at bank and in hand | 54/58 | €223,063 | €349,466 | +€126,403 | +56.7% |
| Deferred charges and accrued income | 490/1 | €17,486 | €16,600 | -€886 | -5.1% |
| Total equity and liabilities | 10/49 | €1,083,928 | €1,137,192 | +€53,264 | +4.9% |
| Equity | 10/15 | €125,539 | €251,922 | +€126,383 | +101% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€389,461 | -€263,078 | +€126,383 | +32.5% |
| Amounts payable | 17/49 | €958,389 | €885,270 | -€73,119 | -7.6% |
| Amounts payable after more than one year | 17 | €266,250 | €191,250 | -€75,000 | -28.2% |
| Other amounts payable | 178/9 | €266,250 | €191,250 | -€75,000 | -28.2% |
| Amounts payable within one year | 42/48 | €679,646 | €678,372 | -€1,274 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 43 | €298,746 | €213,801 | -€84,945 | -28.4% |
| Credit institutions | 430/8 | €298,746 | €213,801 | -€84,945 | -28.4% |
| Trade debts | 44 | €142,728 | €181,907 | +€39,179 | +27.5% |
| Suppliers | 440/4 | €142,728 | €181,907 | +€39,179 | +27.5% |
| Advances received on contracts in progress | 46 | €23,363 | €7,041 | -€16,322 | -69.9% |
| Taxes, remuneration and social security | 45 | €139,809 | €200,623 | +€60,814 | +43.5% |
| Taxes | 450/3 | €61,311 | €87,720 | +€26,409 | +43.1% |
| Remuneration and social security | 454/9 | €78,499 | €112,903 | +€34,404 | +43.8% |
| Accrued charges and deferred income | 492/3 | €12,493 | €15,648 | +€3,155 | +25.3% |
| Non-recurring operating income | 76A | €5,009 | €11,773 | +€6,764 | +135% |
| Remuneration, social security and pensions | 62 | €737,935 | €702,331 | -€35,604 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,188 | €26,884 | -€304 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€874 | €5,522 | +€6,397 | |
| Other operating charges | 640/8 | €11,400 | €1,832 | -€9,569 | -83.9% |
| Non-recurring operating charges | 66A | €2,129 | - | -€2,129 | |
| Gross operating margin | 9900 | €386,732 | €895,975 | +€509,243 | +132% |
| Operating profit (loss) | 9901 | -€391,046 | €159,406 | +€550,452 | |
| Financial income | 75/76B | €226 | €275 | +€49 | +21.7% |
| Recurring financial income | 75 | €226 | €275 | +€49 | +21.7% |
| Financial charges | 65/66B | €34,524 | €31,759 | -€2,765 | -8.0% |
| Recurring financial charges | 65 | €34,524 | €31,759 | -€2,765 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€425,343 | €127,923 | +€553,266 | |
| Income taxes | 67/77 | €485 | €1,540 | +€1,054 | +217% |
| Profit (loss) for the period | 9904 | -€425,829 | €126,383 | +€552,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€425,829 | €126,383 | +€552,212 |
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 28 October 2026 via checked.be.