STAFE: 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.
STAFE
Largest movements
- Cash +€92,184
up €92,184 (+3016.1%), from €3,056 to €95,240
mainly Depreciation (+€67,060) and Trade debts (+€44,451)
- Tangible fixed assets -€67,060
down €67,060 (-58.5%), from €114,603 to €47,543
of which Furniture and vehicles: -€66,631
- Receivables within one year -€23,375
down €23,375 (-4.2%), from €561,556 to €538,181
of which Trade receivables: -€41,546
- Trade debts +€44,451
up €44,451 (+11.9%), from €372,092 to €416,543
- Debts after one year -€37,883
down €37,883 (-28.2%), from €134,164 to €96,282
- Other debts -€12,735
down €12,735 (-39.2%), from €32,502 to €19,767
- Financial charges -€11,242
down €11,242 (-81.9%), from €13,721 to €2,479
of which Non-recurring financial charges: -€6,055
- Gross operating margin -€8,506
down €8,506 (-8.6%), from €98,552 to €90,046
- Other operating charges -€5,886
down €5,886 (-61.4%), from €9,580 to €3,694
- Staff costs +€4,000
new in 2023: €4,000
- Taxes -€1,513
down €1,513 (-15.9%), from €9,500 to €7,987
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,266 | €687,015 | +€1,749 | +0.3% |
| Fixed assets | 21/28 | €120,653 | €53,593 | -€67,060 | -55.6% |
| Tangible fixed assets | 22/27 | €114,603 | €47,543 | -€67,060 | -58.5% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €113,281 | €46,650 | -€66,631 | -58.8% |
| Other tangible fixed assets | 26 | €1,323 | €894 | -€429 | -32.4% |
| Financial fixed assets | 28 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €564,612 | €633,421 | +€68,809 | +12.2% |
| Amounts receivable within one year | 40/41 | €561,556 | €538,181 | -€23,375 | -4.2% |
| Trade receivables | 40 | €497,127 | €455,581 | -€41,546 | -8.4% |
| Other amounts receivable | 41 | €64,429 | €82,601 | +€18,172 | +28.2% |
| Cash at bank and in hand | 54/58 | €3,056 | €95,240 | +€92,184 | +3016.1% |
| Total equity and liabilities | 10/49 | €685,266 | €687,015 | +€1,749 | +0.3% |
| Equity | 10/15 | €109,931 | €111,959 | +€2,028 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,331 | €93,359 | +€2,028 | +2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,471 | €91,499 | +€2,028 | +2.3% |
| Amounts payable | 17/49 | €575,335 | €575,056 | -€279 | 0.0% |
| Amounts payable after more than one year | 17 | €134,164 | €96,282 | -€37,883 | -28.2% |
| Financial debts | 170/4 | €134,164 | €96,282 | -€37,883 | -28.2% |
| Amounts payable within one year | 42/48 | €441,170 | €478,774 | +€37,604 | +8.5% |
| Financial debts | 43 | €117 | - | -€117 | |
| Credit institutions | 430/8 | €117 | - | -€117 | |
| Trade debts | 44 | €372,092 | €416,543 | +€44,451 | +11.9% |
| Suppliers | 440/4 | €372,092 | €416,543 | +€44,451 | +11.9% |
| Taxes, remuneration and social security | 45 | €36,459 | €42,465 | +€6,005 | +16.5% |
| Taxes | 450/3 | €9,695 | €9,915 | +€220 | +2.3% |
| Remuneration and social security | 454/9 | €26,765 | €32,550 | +€5,785 | +21.6% |
| Other amounts payable | 47/48 | €32,502 | €19,767 | -€12,735 | -39.2% |
| Remuneration, social security and pensions | 62 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,851 | €67,060 | +€209 | +0.3% |
| Other operating charges | 640/8 | €9,580 | €3,694 | -€5,886 | -61.4% |
| Non-recurring operating charges | 66A | €4,175 | €2,798 | -€1,377 | -33.0% |
| Gross operating margin | 9900 | €98,552 | €90,046 | -€8,506 | -8.6% |
| Operating profit (loss) | 9901 | €17,946 | €12,493 | -€5,452 | -30.4% |
| Financial income | 75/76B | €420 | - | -€420 | |
| Recurring financial income | 75 | €420 | - | -€420 | |
| Financial charges | 65/66B | €13,721 | €2,479 | -€11,242 | -81.9% |
| Recurring financial charges | 65 | €7,667 | €2,479 | -€5,188 | -67.7% |
| Non-recurring financial charges | 66B | €6,055 | - | -€6,055 | |
| Profit (loss) for the period before taxes | 9903 | €4,645 | €10,015 | +€5,370 | +115.6% |
| Income taxes | 67/77 | €9,500 | €7,987 | -€1,513 | -15.9% |
| Profit (loss) for the period | 9904 | -€4,855 | €2,028 | +€6,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,855 | €2,028 | +€6,883 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.