Staizen: 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.
Staizen
Largest movements
- Receivables within one year +€430,627
up €430,627 (+118.0%), from €364,815 to €795,442
of which Trade receivables: +€446,901
- Cash -€189,890
down €189,890 (-83.7%), from €226,875 to €36,985
mainly Receivables within one year (-€430,627) and Debts after one year (-€67,417)
- Trade debts +€186,947
up €186,947 (+149.0%), from €125,469 to €312,417
- Profit (loss) carried forward +€166,325
up €166,325 (+136.9%), from €121,499 to €287,823
- Debts after one year -€67,417
down €67,417 (-56.1%), from €120,146 to €52,729
- Tax, wage and social debts -€51,610
down €51,610 (-34.7%), from €148,942 to €97,332
of which Taxes: -€37,260
- Gross operating margin +€393,316
up €393,316 (+147.1%), from €267,380 to €660,696
- Other operating charges -€40,375
down €40,375 (-63.7%), from €63,342 to €22,967
- Staff costs +€18,944
up €18,944 (+4.5%), from €421,814 to €440,758
- Taxes +€14,554
up €14,554 (+273.3%), from €5,326 to €19,880
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 | €624,519 | €869,727 | +€245,208 | +39.3% |
| Fixed assets | 21/28 | €32,829 | €31,111 | -€1,717 | -5.2% |
| Tangible fixed assets | 22/27 | €2,829 | €1,111 | -€1,717 | -60.7% |
| Furniture and vehicles | 24 | €2,829 | €1,111 | -€1,717 | -60.7% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €591,690 | €838,616 | +€246,925 | +41.7% |
| Amounts receivable within one year | 40/41 | €364,815 | €795,442 | +€430,627 | +118.0% |
| Trade receivables | 40 | €310,693 | €757,595 | +€446,901 | +143.8% |
| Other amounts receivable | 41 | €54,122 | €37,847 | -€16,274 | -30.1% |
| Cash at bank and in hand | 54/58 | €226,875 | €36,985 | -€189,890 | -83.7% |
| Deferred charges and accrued income | 490/1 | - | €6,189 | +€6,189 | |
| Total equity and liabilities | 10/49 | €624,519 | €869,727 | +€245,208 | +39.3% |
| Equity | 10/15 | €151,499 | €317,823 | +€166,325 | +109.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,499 | €287,823 | +€166,325 | +136.9% |
| Amounts payable | 17/49 | €473,020 | €551,903 | +€78,883 | +16.7% |
| Amounts payable after more than one year | 17 | €120,146 | €52,729 | -€67,417 | -56.1% |
| Financial debts | 170/4 | €120,146 | €52,729 | -€67,417 | -56.1% |
| Amounts payable within one year | 42/48 | €352,874 | €493,671 | +€140,797 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €64,259 | €67,417 | +€3,158 | +4.9% |
| Trade debts | 44 | €125,469 | €312,417 | +€186,947 | +149.0% |
| Suppliers | 440/4 | €125,469 | €312,417 | +€186,947 | +149.0% |
| Taxes, remuneration and social security | 45 | €148,942 | €97,332 | -€51,610 | -34.7% |
| Taxes | 450/3 | €94,079 | €56,819 | -€37,260 | -39.6% |
| Remuneration and social security | 454/9 | €54,863 | €40,513 | -€14,350 | -26.2% |
| Other amounts payable | 47/48 | €14,203 | €16,505 | +€2,302 | +16.2% |
| Accrued charges and deferred income | 492/3 | - | €5,504 | +€5,504 | |
| Remuneration, social security and pensions | 62 | €421,814 | €440,758 | +€18,944 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,591 | €2,757 | -€834 | -23.2% |
| Other operating charges | 640/8 | €63,342 | €22,967 | -€40,375 | -63.7% |
| Non-recurring operating charges | 66A | €410 | - | -€410 | |
| Gross operating margin | 9900 | €267,380 | €660,696 | +€393,316 | +147.1% |
| Operating profit (loss) | 9901 | -€221,778 | €194,214 | +€415,991 | |
| Financial income | 75/76B | €6,100 | €172 | -€5,928 | -97.2% |
| Recurring financial income | 75 | €5,302 | €172 | -€5,130 | -96.8% |
| Non-recurring financial income | 76B | €798 | - | -€798 | |
| Financial charges | 65/66B | €11,850 | €8,181 | -€3,669 | -31.0% |
| Recurring financial charges | 65 | €11,850 | €8,181 | -€3,669 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | -€227,528 | €186,205 | +€413,733 | |
| Income taxes | 67/77 | €5,326 | €19,880 | +€14,554 | +273.3% |
| Profit (loss) for the period | 9904 | -€232,854 | €166,325 | +€399,178 | |
| Profit (loss) for the period to be appropriated | 9905 | -€232,854 | €166,325 | +€399,178 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.