STAELENS PROPERTIES: 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.
STAELENS PROPERTIES
Largest movements
- Cash +€931,826
up €931,826 (+161%), from €577,261 to €1.5m
mainly Current investments (+€750,000) and Depreciation (+€130,177)
- Current investments -€750,000
down €750,000 (-88.2%), from €850,000 to €100,000
- Tangible fixed assets -€125,460
down €125,460 (-4.0%), from €3.1m to €3.0m
of which Land and buildings: -€107,217
- Other debts +€51,098
up €51,098 (+4.6%), from €1.1m to €1.2m
- Gross operating margin +€82,145
up €82,145 (+65.5%), from €125,495 to €207,640
- Financial income -€32,546
down €32,546 (-72.2%), from €45,065 to €12,519
- Financial charges -€9,362
down €9,362 (-10.8%), from €87,047 to €77,685
- Other operating charges +€5,760
up €5,760 (+53.3%), from €10,806 to €16,565
- Depreciation -€2,184
down €2,184 (-1.6%), from €132,361 to €130,177
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 | €4,581,711 | €4,615,445 | +€33,734 | +0.7% |
| Fixed assets | 21/28 | €3,124,872 | €2,999,412 | -€125,460 | -4.0% |
| Tangible fixed assets | 22/27 | €3,123,707 | €2,998,247 | -€125,460 | -4.0% |
| Land and buildings | 22 | €3,104,637 | €2,997,420 | -€107,217 | -3.5% |
| Furniture and vehicles | 24 | €19,070 | €827 | -€18,243 | -95.7% |
| Financial fixed assets | 28 | €1,165 | €1,165 | = | 0.0% |
| Current assets | 29/58 | €1,456,838 | €1,616,032 | +€159,194 | +10.9% |
| Amounts receivable within one year | 40/41 | €8,091 | €2,574 | -€5,517 | -68.2% |
| Trade receivables | 40 | €252 | €252 | = | 0.0% |
| Other amounts receivable | 41 | €7,838 | €2,321 | -€5,517 | -70.4% |
| Current investments | 50/53 | €850,000 | €100,000 | -€750,000 | -88.2% |
| Cash at bank and in hand | 54/58 | €577,261 | €1,509,087 | +€931,826 | +161% |
| Deferred charges and accrued income | 490/1 | €21,487 | €4,372 | -€17,115 | -79.7% |
| Total equity and liabilities | 10/49 | €4,581,711 | €4,615,445 | +€33,734 | +0.7% |
| Equity | 10/15 | €3,289,198 | €3,286,189 | -€3,009 | -0.1% |
| Contributions | 10/11 | €1,467,600 | €1,467,600 | = | 0.0% |
| Reserves | 13 | €1,821,598 | €1,818,589 | -€3,009 | -0.2% |
| Tax-exempt reserves | 132 | €101,563 | €95,268 | -€6,295 | -6.2% |
| Distributable reserves | 133 | €1,720,035 | €1,723,320 | +€3,285 | +0.2% |
| Provisions and deferred taxes | 16 | €33,853 | €31,755 | -€2,098 | -6.2% |
| Deferred taxes | 168 | €33,853 | €31,755 | -€2,098 | -6.2% |
| Amounts payable | 17/49 | €1,258,659 | €1,297,501 | +€38,841 | +3.1% |
| Amounts payable within one year | 42/48 | €1,154,609 | €1,201,824 | +€47,215 | +4.1% |
| Trade debts | 44 | €31,875 | €27,991 | -€3,884 | -12.2% |
| Suppliers | 440/4 | €31,875 | €27,991 | -€3,884 | -12.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,122,734 | €1,173,832 | +€51,098 | +4.6% |
| Accrued charges and deferred income | 492/3 | €104,050 | €95,677 | -€8,373 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,361 | €130,177 | -€2,184 | -1.6% |
| Other operating charges | 640/8 | €10,806 | €16,565 | +€5,760 | +53.3% |
| Gross operating margin | 9900 | €125,495 | €207,640 | +€82,145 | +65.5% |
| Operating profit (loss) | 9901 | -€17,671 | €60,898 | +€78,569 | |
| Financial income | 75/76B | €45,065 | €12,519 | -€32,546 | -72.2% |
| Recurring financial income | 75 | €45,065 | €12,519 | -€32,546 | -72.2% |
| Financial charges | 65/66B | €87,047 | €77,685 | -€9,362 | -10.8% |
| Recurring financial charges | 65 | €87,047 | €77,685 | -€9,362 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€59,653 | -€4,268 | +€55,385 | +92.8% |
| Transfer from deferred taxes | 780 | €919 | €2,098 | +€1,179 | +128% |
| Income taxes | 67/77 | €529 | €840 | +€310 | +58.7% |
| Profit (loss) for the period | 9904 | -€59,262 | -€3,009 | +€56,253 | +94.9% |
| Transfer from tax-exempt reserves | 789 | €2,758 | €6,295 | +€3,536 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,504 | €3,285 | +€59,789 |
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 14 October 2026 via checked.be.