STAPPA SASU: 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.
STAPPA SASU
Largest movements
- Receivables within one year -€29,254
down €29,254 (-70.4%), from €41,525 to €12,271
of which Trade receivables: -€27,966
- Stocks and contracts -€14,981
down €14,981 (-23.2%), from €64,566 to €49,585
- Cash -€2,452
down €2,452 (-42.5%), from €5,768 to €3,315
mainly Advances received (-€37,504) and Debts after one year (-€5,580)
- Advances received -€37,504
no longer reported in 2025 (was €37,504)
- Debts after one year -€5,580
down €5,580 (-70.0%), from €7,967 to €2,386
- Trade debts -€5,201
down €5,201 (-30.2%), from €17,229 to €12,028
- Other debts +€1,958
up €1,958 (+12.7%), from €15,445 to €17,404
- Gross operating margin -€2,814
down €2,814 (-21.7%), from €12,988 to €10,174
- Taxes +€849
up €849 (+34.6%), from €2,449 to €3,297
- Other operating charges +€687
up €687 (+43.4%), from €1,583 to €2,270
- Depreciation +€334
up €334 (+26.9%), from €1,243 to €1,577
- Financial charges +€220
up €220 (+7.7%), from €2,852 to €3,072
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 | €117,390 | €70,137 | -€47,253 | -40.3% |
| Fixed assets | 21/28 | €5,052 | €4,030 | -€1,022 | -20.2% |
| Tangible fixed assets | 22/27 | €5,052 | €4,030 | -€1,022 | -20.2% |
| Plant, machinery and equipment | 23 | €1,011 | €838 | -€173 | -17.1% |
| Furniture and vehicles | 24 | €4,041 | €3,192 | -€849 | -21.0% |
| Current assets | 29/58 | €112,338 | €66,106 | -€46,232 | -41.2% |
| Stocks and contracts in progress | 3 | €64,566 | €49,585 | -€14,981 | -23.2% |
| Stocks | 30/36 | €64,566 | €49,585 | -€14,981 | -23.2% |
| Amounts receivable within one year | 40/41 | €41,525 | €12,271 | -€29,254 | -70.4% |
| Trade receivables | 40 | €38,249 | €10,283 | -€27,966 | -73.1% |
| Other amounts receivable | 41 | €3,276 | €1,988 | -€1,288 | -39.3% |
| Cash at bank and in hand | 54/58 | €5,768 | €3,315 | -€2,452 | -42.5% |
| Deferred charges and accrued income | 490/1 | €478 | €934 | +€456 | +95.3% |
| Total equity and liabilities | 10/49 | €117,390 | €70,137 | -€47,253 | -40.3% |
| Equity | 10/15 | €24,877 | €24,839 | -€38 | -0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,377 | €19,339 | -€38 | -0.2% |
| Amounts payable | 17/49 | €92,512 | €45,297 | -€47,215 | -51.0% |
| Amounts payable after more than one year | 17 | €7,967 | €2,386 | -€5,580 | -70.0% |
| Financial debts | 170/4 | €7,967 | €2,386 | -€5,580 | -70.0% |
| Amounts payable within one year | 42/48 | €84,546 | €42,911 | -€41,635 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €5,378 | €5,580 | +€202 | +3.8% |
| Trade debts | 44 | €17,229 | €12,028 | -€5,201 | -30.2% |
| Suppliers | 440/4 | €17,229 | €12,028 | -€5,201 | -30.2% |
| Advances received on contracts in progress | 46 | €37,504 | - | -€37,504 | |
| Taxes, remuneration and social security | 45 | €8,989 | €7,900 | -€1,090 | -12.1% |
| Taxes | 450/3 | €8,989 | €7,900 | -€1,090 | -12.1% |
| Other amounts payable | 47/48 | €15,445 | €17,404 | +€1,958 | +12.7% |
| Non-recurring operating income | 76A | - | €3,721 | +€3,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,243 | €1,577 | +€334 | +26.9% |
| Other operating charges | 640/8 | €1,583 | €2,270 | +€687 | +43.4% |
| Gross operating margin | 9900 | €12,988 | €10,174 | -€2,814 | -21.7% |
| Operating profit (loss) | 9901 | €10,163 | €6,327 | -€3,835 | -37.7% |
| Financial income | 75/76B | €62 | €4 | -€58 | -93.8% |
| Recurring financial income | 75 | €62 | €4 | -€58 | -93.8% |
| Financial charges | 65/66B | €2,852 | €3,072 | +€220 | +7.7% |
| Recurring financial charges | 65 | €2,852 | €3,072 | +€220 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €7,372 | €3,259 | -€4,113 | -55.8% |
| Income taxes | 67/77 | €2,449 | €3,297 | +€849 | +34.6% |
| Profit (loss) for the period | 9904 | €4,923 | -€38 | -€4,962 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,923 | -€38 | -€4,962 |
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 17 October 2026 via checked.be.