Stappaerts Elektro: 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.
Stappaerts Elektro
Largest movements
- Receivables within one year +€37,501
up €37,501 (+369%), from €10,158 to €47,658
- Tangible fixed assets +€7,987
up €7,987 (+32.9%), from €24,277 to €32,264
of which Plant, machinery and equipment: +€14,024
- Cash -€998
down €998 (-22.0%), from €4,533 to €3,535
mainly Receivables within one year (-€37,501) and Investment in fixed assets (net) (-€14,244)
- Deferred charges and accrued income -€970
no longer reported in 2025 (was €970)
- Trade debts +€35,355
up €35,355 (+528%), from €6,692 to €42,047
- Other debts +€9,493
up €9,493 (+54.1%), from €17,544 to €27,037
- Debts after one year -€3,190
down €3,190 (-38.6%), from €8,261 to €5,071
- Profit (loss) carried forward +€1,189
no longer reported in 2025 (was -€1,189)
- Gross operating margin +€3,908
up €3,908 (+54.8%), from €7,126 to €11,034
- Depreciation +€2,143
up €2,143 (+52.1%), from €4,113 to €6,256
- Other operating charges +€1,171
up €1,171 (+460%), from €255 to €1,425
- Financial charges +€360
up €360 (+21.6%), from €1,669 to €2,029
- Taxes -€291
no longer reported in 2025 (was €291)
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 | €40,669 | €84,285 | +€43,617 | +107% |
| Fixed assets | 21/28 | €24,277 | €32,264 | +€7,987 | +32.9% |
| Tangible fixed assets | 22/27 | €24,277 | €32,264 | +€7,987 | +32.9% |
| Plant, machinery and equipment | 23 | - | €14,024 | +€14,024 | |
| Furniture and vehicles | 24 | €24,277 | €18,241 | -€6,036 | -24.9% |
| Current assets | 29/58 | €16,392 | €52,021 | +€35,629 | +217% |
| Stocks and contracts in progress | 3 | €731 | €828 | +€97 | +13.3% |
| Stocks | 30/36 | €731 | €828 | +€97 | +13.3% |
| Amounts receivable within one year | 40/41 | €10,158 | €47,658 | +€37,501 | +369% |
| Trade receivables | 40 | €10,158 | €47,658 | +€37,501 | +369% |
| Cash at bank and in hand | 54/58 | €4,533 | €3,535 | -€998 | -22.0% |
| Deferred charges and accrued income | 490/1 | €970 | - | -€970 | |
| Total equity and liabilities | 10/49 | €40,669 | €84,285 | +€43,617 | +107% |
| Equity | 10/15 | €1,811 | €3,431 | +€1,619 | +89.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €431 | +€431 | |
| Distributable reserves | 133 | - | €431 | +€431 | |
| Profit (loss) carried forward | 14 | -€1,189 | - | +€1,189 | |
| Amounts payable | 17/49 | €38,857 | €80,855 | +€41,997 | +108% |
| Amounts payable after more than one year | 17 | €8,261 | €5,071 | -€3,190 | -38.6% |
| Financial debts | 170/4 | €8,261 | €5,071 | -€3,190 | -38.6% |
| Amounts payable within one year | 42/48 | €30,597 | €75,784 | +€45,187 | +148% |
| Current portion of amounts payable after more than one year | 42 | €3,045 | €3,190 | +€145 | +4.7% |
| Trade debts | 44 | €6,692 | €42,047 | +€35,355 | +528% |
| Suppliers | 440/4 | €6,692 | €42,047 | +€35,355 | +528% |
| Taxes, remuneration and social security | 45 | €3,316 | €3,510 | +€194 | +5.8% |
| Taxes | 450/3 | €3,316 | €1,810 | -€1,506 | -45.4% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €17,544 | €27,037 | +€9,493 | +54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,113 | €6,256 | +€2,143 | +52.1% |
| Other operating charges | 640/8 | €255 | €1,425 | +€1,171 | +460% |
| Non-recurring operating charges | 66A | €4,477 | - | -€4,477 | |
| Gross operating margin | 9900 | €7,126 | €11,034 | +€3,908 | +54.8% |
| Operating profit (loss) | 9901 | -€1,719 | €3,352 | +€5,071 | |
| Financial income | 75/76B | €67 | €296 | +€229 | +341% |
| Recurring financial income | 75 | €67 | €296 | +€229 | +341% |
| Financial charges | 65/66B | €1,669 | €2,029 | +€360 | +21.6% |
| Recurring financial charges | 65 | €1,669 | €2,029 | +€360 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,320 | €1,619 | +€4,939 | |
| Income taxes | 67/77 | €291 | - | -€291 | |
| Profit (loss) for the period | 9904 | -€3,611 | €1,619 | +€5,230 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,611 | €1,619 | +€5,230 |
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.