STAFF 2024: 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.
STAFF 2024
Largest movements
- Cash +€6,751
up €6,751 (+55.0%), from €12,268 to €19,019
mainly Net result for the year (+€16,240) and Trade debts (+€2,280)
- Formation expenses -€356
down €356 (-24.7%), from €1,443 to €1,087
- Profit (loss) carried forward +€16,240
up €16,240 (+88.5%), from -€18,347 to -€2,107
- Tax, wage and social debts -€9,534
down €9,534 (-75.8%), from €12,574 to €3,039
of which Remuneration and social security: -€6,172
- Accrued charges and deferred income -€4,804
down €4,804 (-54.5%), from €8,816 to €4,012
- Trade debts +€2,280
up €2,280 (+93.6%), from €2,436 to €4,716
- Other debts +€2,121
up €2,121 (+51.6%), from €4,110 to €6,231
- Staff costs -€23,475
down €23,475 (-40.8%), from €57,529 to €34,054
- Turnover +€14,053
up €14,053 (+7.9%), from €177,933 to €191,987
- Gross operating margin +€11,300
up €11,300 (+27.6%), from €40,933 to €52,234
- Purchases and services +€4,098
up €4,098 (+2.9%), from €142,756 to €146,854
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.
Derived cash bridge
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 | €15,589 | €21,892 | +€6,303 | +40.4% |
| Formation expenses | 20 | €1,443 | €1,087 | -€356 | -24.7% |
| Current assets | 29/58 | €14,146 | €20,805 | +€6,659 | +47.1% |
| Stocks and contracts in progress | 3 | €1,319 | €1,316 | -€3 | -0.2% |
| Stocks | 30/36 | €1,319 | €1,316 | -€3 | -0.2% |
| Amounts receivable within one year | 40/41 | €484 | €394 | -€90 | -18.7% |
| Trade receivables | 40 | €484 | €0 | -€484 | -100% |
| Other amounts receivable | 41 | €0 | €394 | +€394 | |
| Cash at bank and in hand | 54/58 | €12,268 | €19,019 | +€6,751 | +55.0% |
| Deferred charges and accrued income | 490/1 | €75 | €76 | +€1 | +0.8% |
| Total equity and liabilities | 10/49 | €15,589 | €21,892 | +€6,303 | +40.4% |
| Equity | 10/15 | -€12,347 | €3,893 | +€16,240 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,347 | -€2,107 | +€16,240 | +88.5% |
| Amounts payable | 17/49 | €27,936 | €17,999 | -€9,937 | -35.6% |
| Amounts payable within one year | 42/48 | €19,120 | €13,987 | -€5,133 | -26.8% |
| Trade debts | 44 | €2,436 | €4,716 | +€2,280 | +93.6% |
| Suppliers | 440/4 | €2,436 | €4,716 | +€2,280 | +93.6% |
| Taxes, remuneration and social security | 45 | €12,574 | €3,039 | -€9,534 | -75.8% |
| Taxes | 450/3 | €5,138 | €1,776 | -€3,362 | -65.4% |
| Remuneration and social security | 454/9 | €7,436 | €1,264 | -€6,172 | -83.0% |
| Other amounts payable | 47/48 | €4,110 | €6,231 | +€2,121 | +51.6% |
| Accrued charges and deferred income | 492/3 | €8,816 | €4,012 | -€4,804 | -54.5% |
| Turnover | 70 | €177,933 | €191,987 | +€14,053 | +7.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €142,756 | €146,854 | +€4,098 | +2.9% |
| Remuneration, social security and pensions | 62 | €57,529 | €34,054 | -€23,475 | -40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €356 | +€20 | +5.8% |
| Other operating charges | 640/8 | €1,331 | €1,515 | +€184 | +13.8% |
| Gross operating margin | 9900 | €40,933 | €52,234 | +€11,300 | +27.6% |
| Operating profit (loss) | 9901 | -€18,263 | €16,309 | +€34,572 | |
| Financial income | 75/76B | €1 | €2 | +€0 | +6.3% |
| Recurring financial income | 75 | €1 | €2 | +€0 | +6.3% |
| Financial charges | 65/66B | €85 | €70 | -€15 | -17.9% |
| Recurring financial charges | 65 | €85 | €70 | -€15 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,347 | €16,240 | +€34,587 | |
| Profit (loss) for the period | 9904 | -€18,347 | €16,240 | +€34,587 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,347 | €16,240 | +€34,587 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.