STAFCO: 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.
STAFCO
Largest movements
- Stocks and contracts -€28,332
down €28,332 (-23.4%), from €120,912 to €92,580
- Receivables within one year +€27,931
up €27,931 (+1276.0%), from €2,189 to €30,120
of which Trade receivables: +€25,715
- Cash +€25,097
up €25,097 (+376.5%), from €6,665 to €31,762
mainly Stocks and contracts (+€28,332) and Depreciation (+€16,170)
- Tangible fixed assets -€14,295
down €14,295 (-9.9%), from €144,320 to €130,024
of which Plant, machinery and equipment: -€11,241
- Reserves +€12,949
up €12,949 (+11.8%), from €109,305 to €122,253
- Trade debts -€5,724
down €5,724 (-46.4%), from €12,345 to €6,621
- Other debts +€4,429
up €4,429 (+5.0%), from €89,398 to €93,827
- Depreciation +€5,235
up €5,235 (+47.9%), from €10,936 to €16,170
- Gross operating margin -€3,630
down €3,630 (-7.0%), from €52,163 to €48,534
- Taxes -€2,604
down €2,604 (-33.0%), from €7,888 to €5,284
- Financial charges +€1,451
up €1,451 (+20.2%), from €7,197 to €8,648
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 | €276,028 | €285,931 | +€9,903 | +3.6% |
| Fixed assets | 21/28 | €146,262 | €130,091 | -€16,170 | -11.1% |
| Intangible fixed assets | 21 | €1,942 | €67 | -€1,875 | -96.6% |
| Tangible fixed assets | 22/27 | €144,320 | €130,024 | -€14,295 | -9.9% |
| Land and buildings | 22 | €93,612 | €91,245 | -€2,367 | -2.5% |
| Plant, machinery and equipment | 23 | €50,020 | €38,779 | -€11,241 | -22.5% |
| Furniture and vehicles | 24 | €688 | €0 | -€688 | -100.0% |
| Current assets | 29/58 | €129,766 | €155,840 | +€26,073 | +20.1% |
| Stocks and contracts in progress | 3 | €120,912 | €92,580 | -€28,332 | -23.4% |
| Stocks | 30/36 | €120,912 | €92,580 | -€28,332 | -23.4% |
| Amounts receivable within one year | 40/41 | €2,189 | €30,120 | +€27,931 | +1276.0% |
| Trade receivables | 40 | €2,189 | €27,904 | +€25,715 | +1174.7% |
| Other amounts receivable | 41 | €0 | €2,216 | +€2,216 | |
| Cash at bank and in hand | 54/58 | €6,665 | €31,762 | +€25,097 | +376.5% |
| Deferred charges and accrued income | 490/1 | - | €1,378 | +€1,378 | |
| Total equity and liabilities | 10/49 | €276,028 | €285,931 | +€9,903 | +3.6% |
| Equity | 10/15 | €147,305 | €160,253 | +€12,949 | +8.8% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €109,305 | €122,253 | +€12,949 | +11.8% |
| Distributable reserves | 133 | €109,305 | €122,253 | +€12,949 | +11.8% |
| Amounts payable | 17/49 | €128,724 | €125,678 | -€3,046 | -2.4% |
| Amounts payable within one year | 42/48 | €122,751 | €118,714 | -€4,037 | -3.3% |
| Trade debts | 44 | €12,345 | €6,621 | -€5,724 | -46.4% |
| Suppliers | 440/4 | €12,345 | €6,621 | -€5,724 | -46.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,008 | €18,266 | -€2,742 | -13.1% |
| Taxes | 450/3 | €21,008 | €18,266 | -€2,742 | -13.1% |
| Other amounts payable | 47/48 | €89,398 | €93,827 | +€4,429 | +5.0% |
| Accrued charges and deferred income | 492/3 | €5,973 | €6,964 | +€991 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,936 | €16,170 | +€5,235 | +47.9% |
| Other operating charges | 640/8 | €5,214 | €5,484 | +€270 | +5.2% |
| Gross operating margin | 9900 | €52,163 | €48,534 | -€3,630 | -7.0% |
| Operating profit (loss) | 9901 | €36,014 | €26,879 | -€9,135 | -25.4% |
| Financial income | 75/76B | €21 | €2 | -€18 | -88.5% |
| Recurring financial income | 75 | €21 | €2 | -€18 | -88.5% |
| Financial charges | 65/66B | €7,197 | €8,648 | +€1,451 | +20.2% |
| Recurring financial charges | 65 | €7,197 | €8,648 | +€1,451 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €28,837 | €18,233 | -€10,604 | -36.8% |
| Income taxes | 67/77 | €7,888 | €5,284 | -€2,604 | -33.0% |
| Profit (loss) for the period | 9904 | €20,949 | €12,949 | -€8,000 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,949 | €12,949 | -€8,000 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.