STAFORT INVEST: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
STAFORT INVEST
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€53,954
down €53,954 (-51.5%), from €104,832 to €50,878
mainly Current investments (-€100,000) and Other debts (-€50,000)
- Profit (loss) carried forward +€54,806
up €54,806 (+17.5%), from €313,322 to €368,128
- Other debts -€50,000
down €50,000 (-8.0%), from €625,967 to €575,967
- Accrued charges and deferred income +€28,787
up €28,787 (+354%), from €8,138 to €36,925
- Gross operating margin +€41,316
up €41,316 (+52.3%), from €78,942 to €120,258
- Other operating charges -€11,604
down €11,604 (-55.3%), from €20,974 to €9,370
- Taxes +€9,195
new in 2025: €9,195
- Depreciation -€3,438
down €3,438 (-20.0%), from €17,188 to €13,750
- Financial income +€1,685
up €1,685 (+31.8%), from €5,294 to €6,979
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 | €1,353,815 | €1,394,501 | +€40,686 | +3.0% |
| Fixed assets | 21/28 | €1,092,232 | €1,078,482 | -€13,750 | -1.3% |
| Tangible fixed assets | 22/27 | €269,104 | €255,354 | -€13,750 | -5.1% |
| Land and buildings | 22 | €269,104 | €255,354 | -€13,750 | -5.1% |
| Financial fixed assets | 28 | €823,128 | €823,128 | = | 0.0% |
| Current assets | 29/58 | €261,583 | €316,019 | +€54,436 | +20.8% |
| Amounts receivable within one year | 40/41 | €156,545 | €158,299 | +€1,754 | +1.1% |
| Trade receivables | 40 | €32,489 | €32,489 | = | 0.0% |
| Other amounts receivable | 41 | €124,056 | €125,810 | +€1,754 | +1.4% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €104,832 | €50,878 | -€53,954 | -51.5% |
| Deferred charges and accrued income | 490/1 | €207 | €6,842 | +€6,635 | +3,202% |
| Total equity and liabilities | 10/49 | €1,353,815 | €1,394,501 | +€40,686 | +3.0% |
| Equity | 10/15 | €696,122 | €750,928 | +€54,806 | +7.9% |
| Contributions | 10/11 | €348,000 | €348,000 | = | 0.0% |
| Capital | 10 | €348,000 | €348,000 | = | 0.0% |
| Issued capital | 100 | €348,000 | €348,000 | = | 0.0% |
| Reserves | 13 | €34,800 | €34,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,800 | €34,800 | = | 0.0% |
| Legal reserve | 130 | €34,800 | €34,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €313,322 | €368,128 | +€54,806 | +17.5% |
| Amounts payable | 17/49 | €657,693 | €643,573 | -€14,120 | -2.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €649,555 | €606,648 | -€42,907 | -6.6% |
| Trade debts | 44 | €557 | €5,244 | +€4,687 | +841% |
| Suppliers | 440/4 | €557 | €5,244 | +€4,687 | +841% |
| Taxes, remuneration and social security | 45 | €23,031 | €25,437 | +€2,405 | +10.4% |
| Taxes | 450/3 | €17,527 | €19,897 | +€2,369 | +13.5% |
| Remuneration and social security | 454/9 | €5,504 | €5,540 | +€36 | +0.7% |
| Other amounts payable | 47/48 | €625,967 | €575,967 | -€50,000 | -8.0% |
| Accrued charges and deferred income | 492/3 | €8,138 | €36,925 | +€28,787 | +354% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,188 | €13,750 | -€3,438 | -20.0% |
| Other operating charges | 640/8 | €20,974 | €9,370 | -€11,604 | -55.3% |
| Gross operating margin | 9900 | €78,942 | €120,258 | +€41,316 | +52.3% |
| Operating profit (loss) | 9901 | €40,781 | €97,138 | +€56,357 | +138% |
| Financial income | 75/76B | €5,294 | €6,979 | +€1,685 | +31.8% |
| Recurring financial income | 75 | €5,294 | €6,979 | +€1,685 | +31.8% |
| Financial charges | 65/66B | €38,766 | €40,116 | +€1,351 | +3.5% |
| Recurring financial charges | 65 | €38,766 | €40,116 | +€1,351 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €7,309 | €64,001 | +€56,692 | +776% |
| Income taxes | 67/77 | - | €9,195 | +€9,195 | |
| Profit (loss) for the period | 9904 | €7,309 | €54,806 | +€47,496 | +650% |
| Profit (loss) for the period to be appropriated | 9905 | €7,309 | €54,806 | +€47,496 | +650% |
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 1 November 2026 via checked.be.