Staeyberg: 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.
Staeyberg
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+26.8%), from €4.7m to €6.0m
of which Assets under construction and advance payments: +€1.4m
- Receivables within one year -€338,990
down €338,990 (-83.3%), from €406,791 to €67,801
of which Other amounts receivable: -€327,738
- Cash -€302,701
down €302,701 (-90.4%), from €334,981 to €32,280
mainly Investment in fixed assets (net) (-€1.4m) and Debts after one year (-€972,287)
- Current portion of long-term debt +€1.0m
up €1.0m (+789.5%), from €126,667 to €1.1m
- Debts after one year -€972,287
down €972,287 (-37.9%), from €2.6m to €1.6m
- Other debts +€518,676
up €518,676 (+89.5%), from €579,723 to €1.1m
- Trade debts +€84,936
up €84,936 (+337.0%), from €25,201 to €110,137
- Gross operating margin +€43,880
up €43,880 (+19.1%), from €230,135 to €274,015
- Financial charges +€35,715
up €35,715 (+35.0%), from €102,087 to €137,801
- Financial income -€7,585
down €7,585 (-91.8%), from €8,265 to €681
- Other operating charges -€7,239
down €7,239 (-16.0%), from €45,174 to €37,935
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 | €7,688,473 | €8,285,839 | +€597,366 | +7.8% |
| Fixed assets | 21/28 | €6,916,659 | €8,185,758 | +€1.3m | +18.3% |
| Tangible fixed assets | 22/27 | €4,738,282 | €6,007,380 | +€1.3m | +26.8% |
| Land and buildings | 22 | €2,129,501 | €2,022,005 | -€107,496 | -5.0% |
| Plant, machinery and equipment | 23 | €1,499 | €1,058 | -€441 | -29.4% |
| Furniture and vehicles | 24 | €1,837 | €1,039 | -€798 | -43.5% |
| Assets under construction and advance payments | 27 | €2,605,445 | €3,983,278 | +€1.4m | +52.9% |
| Financial fixed assets | 28 | €2,178,377 | €2,178,377 | = | 0.0% |
| Current assets | 29/58 | €771,814 | €100,081 | -€671,733 | -87.0% |
| Amounts receivable after more than one year | 29 | €772 | - | -€772 | |
| Other amounts receivable | 291 | €772 | - | -€772 | |
| Amounts receivable within one year | 40/41 | €406,791 | €67,801 | -€338,990 | -83.3% |
| Trade receivables | 40 | €71,424 | €60,172 | -€11,252 | -15.8% |
| Other amounts receivable | 41 | €335,367 | €7,629 | -€327,738 | -97.7% |
| Cash at bank and in hand | 54/58 | €334,981 | €32,280 | -€302,701 | -90.4% |
| Deferred charges and accrued income | 490/1 | €29,271 | - | -€29,271 | |
| Total equity and liabilities | 10/49 | €7,688,473 | €8,285,839 | +€597,366 | +7.8% |
| Equity | 10/15 | €3,928,557 | €3,917,350 | -€11,206 | -0.3% |
| Contributions | 10/11 | €2,362,727 | €2,362,727 | = | 0.0% |
| Capital | 10 | €2,362,727 | €2,362,727 | = | 0.0% |
| Issued capital | 100 | €2,362,727 | €2,362,727 | = | 0.0% |
| Reserves | 13 | €1,565,830 | €1,554,623 | -€11,206 | -0.7% |
| Non-distributable reserves | 130/1 | €31,939 | €34,781 | +€2,842 | +8.9% |
| Legal reserve | 130 | €31,939 | €34,781 | +€2,842 | +8.9% |
| Tax-exempt reserves | 132 | €1,360,778 | €1,292,731 | -€68,047 | -5.0% |
| Distributable reserves | 133 | €173,112 | €227,111 | +€53,999 | +31.2% |
| Provisions and deferred taxes | 16 | €453,593 | €430,910 | -€22,682 | -5.0% |
| Deferred taxes | 168 | €453,593 | €430,910 | -€22,682 | -5.0% |
| Amounts payable | 17/49 | €3,306,324 | €3,937,578 | +€631,254 | +19.1% |
| Amounts payable after more than one year | 17 | €2,566,175 | €1,593,889 | -€972,287 | -37.9% |
| Financial debts | 170/4 | €2,566,175 | €1,593,889 | -€972,287 | -37.9% |
| Amounts payable within one year | 42/48 | €736,282 | €2,339,340 | +€1.6m | +217.7% |
| Current portion of amounts payable after more than one year | 42 | €126,667 | €1,126,667 | +€1.0m | +789.5% |
| Trade debts | 44 | €25,201 | €110,137 | +€84,936 | +337.0% |
| Suppliers | 440/4 | €25,201 | €110,137 | +€84,936 | +337.0% |
| Advances received on contracts in progress | 46 | €4,091 | - | -€4,091 | |
| Taxes, remuneration and social security | 45 | €600 | €4,138 | +€3,538 | +589.7% |
| Taxes | 450/3 | €600 | €4,138 | +€3,538 | +589.7% |
| Other amounts payable | 47/48 | €579,723 | €1,098,399 | +€518,676 | +89.5% |
| Accrued charges and deferred income | 492/3 | €3,866 | €4,349 | +€483 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,450 | €113,711 | +€260 | +0.2% |
| Other operating charges | 640/8 | €45,174 | €37,935 | -€7,239 | -16.0% |
| Gross operating margin | 9900 | €230,135 | €274,015 | +€43,880 | +19.1% |
| Operating profit (loss) | 9901 | €71,510 | €122,369 | +€50,860 | +71.1% |
| Financial income | 75/76B | €8,265 | €681 | -€7,585 | -91.8% |
| Recurring financial income | 75 | €8,265 | €681 | -€7,585 | -91.8% |
| Financial charges | 65/66B | €102,087 | €137,801 | +€35,715 | +35.0% |
| Recurring financial charges | 65 | €102,087 | €137,801 | +€35,715 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,312 | -€14,751 | +€7,560 | +33.9% |
| Transfer from deferred taxes | 780 | €23,872 | €22,682 | -€1,190 | -5.0% |
| Income taxes | 67/77 | €18,600 | €19,138 | +€538 | +2.9% |
| Profit (loss) for the period | 9904 | -€17,039 | -€11,206 | +€5,833 | +34.2% |
| Transfer from tax-exempt reserves | 789 | €71,616 | €68,047 | -€3,569 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,577 | €56,841 | +€2,264 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.