STAF VRELUST: what changed
What changed
STAF VRELUST
NACE 47.540, Retail sale of electrical household appliances
filed annual accounts (NBB)
Net result for the year
€2,115
2024 · €4,216-€2,102
Equity
€268,125
2024 · €266,010+€2,115
Cash
€126,842
2024 · €116,732+€10,110
Balance sheet total
€999,259
2024 · €983,044+€16,215
Largest movements
Assets
- Receivables within one year -€23,811
down €23,811 (-28.0%), from €85,150 to €61,338
of which Trade receivables: -€61,763
- Stocks and contracts +€20,549
up €20,549 (+2.8%), from €736,451 to €757,000
- Cash +€10,110
up €10,110 (+8.7%), from €116,732 to €126,842
mainly Receivables within one year (+€23,811) and Other debts (+€23,494)
Equity and liabilities
- Trade debts -€30,701
down €30,701 (-8.0%), from €382,970 to €352,269
- Other debts +€23,494
up €23,494 (+61.8%), from €38,017 to €61,510
- Tax, wage and social debts +€21,601
up €21,601 (+35.7%), from €60,503 to €82,105
of which Taxes: +€19,486
Income statement
- Staff costs +€22,859
up €22,859 (+3.9%), from €585,043 to €607,901
- Taxes -€9,199
no longer reported in 2025 (was €9,199)
- Financial income +€8,941
up €8,941 (+278%), from €3,219 to €12,160
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,216
Gross operating margin
+€3,425
Staff costs
-€22,859
Depreciation
+€2,422
Other operating charges
+€610
Financial income
+€8,941
Financial charges
-€3,841
Taxes
+€9,199
Result 2025
€2,115
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€22,542
Investment
-€16,283
Financing
+€3,851
Cash 2024
€116,732
From operations (derived)
+€22,542
Net result for the year
+€2,115
Depreciation
+€16,278
Stocks and contracts
-€20,549
Receivables within one year
+€23,811
Deferred charges and accrued income
-€9,362
Trade debts
-€30,701
Tax, wage and social debts
+€21,601
Other debts
+€23,494
Accrued charges and deferred income
-€4,144
Investment (derived)
-€16,283
Investment in fixed assets (net)
-€16,283
Financing
+€3,851
Current portion of long-term debt
+€3,851
Cash 2025
€126,842
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €983,044 | €999,259 | +€16,215 | +1.6% |
| Fixed assets | 21/28 | €42,773 | €42,778 | +€5 | 0.0% |
| Intangible fixed assets | 21 | - | €7,605 | +€7,605 | |
| Tangible fixed assets | 22/27 | €42,773 | €35,173 | -€7,600 | -17.8% |
| Land and buildings | 22 | €37,048 | €30,702 | -€6,346 | -17.1% |
| Plant, machinery and equipment | 23 | €5,725 | €3,121 | -€2,604 | -45.5% |
| Furniture and vehicles | 24 | - | €1,350 | +€1,350 | |
| Current assets | 29/58 | €940,271 | €956,481 | +€16,210 | +1.7% |
| Stocks and contracts in progress | 3 | €736,451 | €757,000 | +€20,549 | +2.8% |
| Stocks | 30/36 | €736,451 | €757,000 | +€20,549 | +2.8% |
| Amounts receivable within one year | 40/41 | €85,150 | €61,338 | -€23,811 | -28.0% |
| Trade receivables | 40 | €85,149 | €23,386 | -€61,763 | -72.5% |
| Other amounts receivable | 41 | €1 | €37,953 | +€37,952 | +6,325,333% |
| Cash at bank and in hand | 54/58 | €116,732 | €126,842 | +€10,110 | +8.7% |
| Deferred charges and accrued income | 490/1 | €1,939 | €11,301 | +€9,362 | +483% |
| Total equity and liabilities | 10/49 | €983,044 | €999,259 | +€16,215 | +1.6% |
| Equity | 10/15 | €266,010 | €268,125 | +€2,115 | +0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €247,418 | €249,533 | +€2,115 | +0.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,322 | €5,322 | = | 0.0% |
| Distributable reserves | 133 | €240,236 | €242,351 | +€2,115 | +0.9% |
| Amounts payable | 17/49 | €717,034 | €731,134 | +€14,100 | +2.0% |
| Amounts payable within one year | 42/48 | €712,890 | €731,134 | +€18,244 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €31,399 | €35,250 | +€3,851 | +12.3% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €382,970 | €352,269 | -€30,701 | -8.0% |
| Suppliers | 440/4 | €382,970 | €352,269 | -€30,701 | -8.0% |
| Taxes, remuneration and social security | 45 | €60,503 | €82,105 | +€21,601 | +35.7% |
| Taxes | 450/3 | €3,563 | €23,050 | +€19,486 | +547% |
| Remuneration and social security | 454/9 | €56,940 | €59,055 | +€2,115 | +3.7% |
| Other amounts payable | 47/48 | €38,017 | €61,510 | +€23,494 | +61.8% |
| Accrued charges and deferred income | 492/3 | €4,144 | - | -€4,144 | |
| Remuneration, social security and pensions | 62 | €585,043 | €607,901 | +€22,859 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,701 | €16,278 | -€2,422 | -13.0% |
| Other operating charges | 640/8 | €4,331 | €3,720 | -€610 | -14.1% |
| Gross operating margin | 9900 | €637,669 | €641,094 | +€3,425 | +0.5% |
| Operating profit (loss) | 9901 | €29,595 | €13,194 | -€16,401 | -55.4% |
| Financial income | 75/76B | €3,219 | €12,160 | +€8,941 | +278% |
| Recurring financial income | 75 | €3,219 | €12,160 | +€8,941 | +278% |
| Financial charges | 65/66B | €19,398 | €23,239 | +€3,841 | +19.8% |
| Recurring financial charges | 65 | €19,398 | €23,239 | +€3,841 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €13,416 | €2,115 | -€11,301 | -84.2% |
| Income taxes | 67/77 | €9,199 | - | -€9,199 | |
| Profit (loss) for the period | 9904 | €4,216 | €2,115 | -€2,102 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,216 | €2,115 | -€2,102 | -49.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.