Staf: 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.
Staf
Largest movements
- Receivables within one year +€127,515
up €127,515 (+41.6%), from €306,806 to €434,320
of which Other amounts receivable: +€119,819
- Tangible fixed assets +€92,992
up €92,992 (+9.4%), from €993,317 to €1.1m
of which Plant, machinery and equipment: +€159,689
- Tax, wage and social debts +€79,932
up €79,932 (+9.9%), from €810,682 to €890,613
of which Remuneration and social security: +€139,354
- Profit (loss) carried forward +€78,705
up €78,705 (+5.3%), from €1.5m to €1.6m
- Reserves +€78,000
up €78,000 (+8.3%), from €945,064 to €1.0m
- Gross operating margin +€452,557
up €452,557 (+9.8%), from €4.6m to €5.0m
- Staff costs +€276,135
up €276,135 (+6.1%), from €4.5m to €4.8m
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 | €3,269,893 | €3,511,521 | +€241,629 | +7.4% |
| Fixed assets | 21/28 | €1,012,372 | €1,105,143 | +€92,770 | +9.2% |
| Intangible fixed assets | 21 | €8,916 | €5,754 | -€3,161 | -35.5% |
| Tangible fixed assets | 22/27 | €993,317 | €1,086,308 | +€92,992 | +9.4% |
| Land and buildings | 22 | €909,274 | €875,544 | -€33,730 | -3.7% |
| Plant, machinery and equipment | 23 | €23,293 | €182,982 | +€159,689 | +685.6% |
| Furniture and vehicles | 24 | €60,750 | €27,782 | -€32,968 | -54.3% |
| Financial fixed assets | 28 | €10,140 | €13,080 | +€2,940 | +29.0% |
| Current assets | 29/58 | €2,257,520 | €2,406,379 | +€148,859 | +6.6% |
| Amounts receivable within one year | 40/41 | €306,806 | €434,320 | +€127,515 | +41.6% |
| Trade receivables | 40 | €6,529 | €14,224 | +€7,696 | +117.9% |
| Other amounts receivable | 41 | €300,277 | €420,096 | +€119,819 | +39.9% |
| Cash at bank and in hand | 54/58 | €1,941,856 | €1,963,133 | +€21,277 | +1.1% |
| Deferred charges and accrued income | 490/1 | €8,858 | €8,926 | +€67 | +0.8% |
| Total equity and liabilities | 10/49 | €3,269,893 | €3,511,521 | +€241,629 | +7.4% |
| Equity | 10/15 | €2,436,832 | €2,593,536 | +€156,705 | +6.4% |
| Reserves | 13 | €945,064 | €1,023,064 | +€78,000 | +8.3% |
| Profit (loss) carried forward | 14 | €1,491,768 | €1,570,472 | +€78,705 | +5.3% |
| Amounts payable | 17/49 | €833,061 | €917,985 | +€84,924 | +10.2% |
| Amounts payable within one year | 42/48 | €832,273 | €912,668 | +€80,395 | +9.7% |
| Trade debts | 44 | €21,071 | €21,500 | +€429 | +2.0% |
| Suppliers | 440/4 | €21,071 | €21,500 | +€429 | +2.0% |
| Advances received on contracts in progress | 46 | €520 | €555 | +€35 | +6.7% |
| Taxes, remuneration and social security | 45 | €810,682 | €890,613 | +€79,932 | +9.9% |
| Taxes | 450/3 | €144,951 | €85,529 | -€59,423 | -41.0% |
| Remuneration and social security | 454/9 | €665,730 | €805,085 | +€139,354 | +20.9% |
| Accrued charges and deferred income | 492/3 | €788 | €5,317 | +€4,529 | +574.9% |
| Turnover | 70 | €55,626 | €74,103 | +€18,477 | +33.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €382,601 | €360,806 | -€21,795 | -5.7% |
| Remuneration, social security and pensions | 62 | €4,500,626 | €4,776,761 | +€276,135 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,657 | €113,670 | +€17,013 | +17.6% |
| Other operating charges | 640/8 | €10,095 | €9,826 | -€269 | -2.7% |
| Gross operating margin | 9900 | €4,595,062 | €5,047,619 | +€452,557 | +9.8% |
| Operating profit (loss) | 9901 | -€12,315 | €147,363 | +€159,678 | |
| Financial income | 75/76B | €10,160 | €9,712 | -€448 | -4.4% |
| Recurring financial income | 75 | €10,160 | €9,712 | -€448 | -4.4% |
| Financial charges | 65/66B | €553 | €370 | -€182 | -33.0% |
| Recurring financial charges | 65 | €553 | €370 | -€182 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,708 | €156,705 | +€159,413 | |
| Profit (loss) for the period | 9904 | -€2,708 | €156,705 | +€159,413 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,708 | €156,705 | +€159,413 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.