STAFKE 1771: what changed
STAFKE 1771
Largest movements
- Tangible fixed assets -€83,387
down €83,387 (-23.3%), from €357,126 to €273,739
of which Plant, machinery and equipment: -€82,169
- Cash -€52,383
down €52,383 (-32.1%), from €163,293 to €110,909
mainly Net result for the year (-€66,258) and Current portion of long-term debt (-€34,375)
- Receivables within one year -€33,370
down €33,370 (-44.7%), from €74,636 to €41,266
of which Other amounts receivable: -€22,870
- Current investments +€16,000
up €16,000 (+7.0%), from €230,000 to €246,000
- Reserves -€66,027
down €66,027 (-19.1%), from €345,882 to €279,855
of which Distributable reserves: -€66,027
- Current portion of long-term debt -€34,375
no longer reported in 2025 (was €34,375)
- Tax, wage and social debts -€29,334
down €29,334 (-17.5%), from €167,449 to €138,115
of which Taxes: -€22,280
- Trade debts -€13,173
down €13,173 (-7.1%), from €186,439 to €173,265
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€123,529
down €123,529 (-10.5%), from €1.2m to €1.1m
- Staff costs -€15,678
down €15,678 (-1.5%), from €1.1m to €1.0m
- Taxes -€13,424
no longer reported in 2025 (was €13,424)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €825,054 | €671,914 | -€153,140 | -18.6% |
| Fixed assets | 21/28 | €357,126 | €273,739 | -€83,387 | -23.3% |
| Tangible fixed assets | 22/27 | €357,126 | €273,739 | -€83,387 | -23.3% |
| Plant, machinery and equipment | 23 | €354,391 | €272,222 | -€82,169 | -23.2% |
| Furniture and vehicles | 24 | €2,735 | €1,517 | -€1,218 | -44.5% |
| Current assets | 29/58 | €467,929 | €398,175 | -€69,754 | -14.9% |
| Amounts receivable within one year | 40/41 | €74,636 | €41,266 | -€33,370 | -44.7% |
| Trade receivables | 40 | €50,490 | €39,990 | -€10,500 | -20.8% |
| Other amounts receivable | 41 | €24,146 | €1,276 | -€22,870 | -94.7% |
| Current investments | 50/53 | €230,000 | €246,000 | +€16,000 | +7.0% |
| Cash at bank and in hand | 54/58 | €163,293 | €110,909 | -€52,383 | -32.1% |
| Total equity and liabilities | 10/49 | €825,054 | €671,914 | -€153,140 | -18.6% |
| Equity | 10/15 | €352,312 | €286,055 | -€66,258 | -18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €345,882 | €279,855 | -€66,027 | -19.1% |
| Tax-exempt reserves | 132 | €50,882 | €50,882 | = | 0.0% |
| Distributable reserves | 133 | €295,000 | €228,973 | -€66,027 | -22.4% |
| Profit (loss) carried forward | 14 | €231 | - | -€231 | |
| Amounts payable | 17/49 | €472,742 | €385,860 | -€86,883 | -18.4% |
| Amounts payable after more than one year | 17 | €74,479 | €74,479 | = | 0.0% |
| Financial debts | 170/4 | €74,479 | €74,479 | = | 0.0% |
| Amounts payable within one year | 42/48 | €398,263 | €311,380 | -€86,883 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €34,375 | - | -€34,375 | |
| Trade debts | 44 | €186,439 | €173,265 | -€13,173 | -7.1% |
| Suppliers | 440/4 | €186,439 | €173,265 | -€13,173 | -7.1% |
| Taxes, remuneration and social security | 45 | €167,449 | €138,115 | -€29,334 | -17.5% |
| Taxes | 450/3 | €43,439 | €21,159 | -€22,280 | -51.3% |
| Remuneration and social security | 454/9 | €124,010 | €116,955 | -€7,054 | -5.7% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €1,052,143 | €1,036,465 | -€15,678 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,122 | €85,129 | -€1,994 | -2.3% |
| Other operating charges | 640/8 | €2,129 | €2,191 | +€62 | +2.9% |
| Gross operating margin | 9900 | €1,180,084 | €1,056,555 | -€123,529 | -10.5% |
| Operating profit (loss) | 9901 | €38,690 | -€67,229 | -€105,919 | |
| Financial income | 75/76B | €5,189 | €4,254 | -€935 | -18.0% |
| Recurring financial income | 75 | €5,189 | €4,254 | -€935 | -18.0% |
| Financial charges | 65/66B | €3,146 | €3,282 | +€136 | +4.3% |
| Recurring financial charges | 65 | €3,146 | €3,282 | +€136 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €40,733 | -€66,258 | -€106,991 | |
| Income taxes | 67/77 | €13,424 | - | -€13,424 | |
| Profit (loss) for the period | 9904 | €27,310 | -€66,258 | -€93,567 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,310 | -€66,258 | -€93,567 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.