STAPPERSHOEVE: 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.
STAPPERSHOEVE
Largest movements
- Tangible fixed assets -€316,770
down €316,770 (-53.5%), from €592,374 to €275,604
- Receivables within one year +€12,648
up €12,648 (+46.3%), from €27,319 to €39,967
of which Other amounts receivable: +€12,648
- Debts after one year -€279,086
down €279,086 (-52.5%), from €531,117 to €252,031
- Current portion of long-term debt -€18,227
down €18,227 (-20.7%), from €88,164 to €69,937
- Gross operating margin +€94,297
up €94,297, from -€18,167 to €76,130
- Depreciation -€13,662
down €13,662 (-30.1%), from €45,421 to €31,759
- Financial charges -€11,119
down €11,119 (-20.6%), from €53,884 to €42,764
- Other operating charges -€1,133
down €1,133 (-13.9%), from €8,173 to €7,040
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 | €898,915 | €595,912 | -€303,003 | -33.7% |
| Fixed assets | 21/28 | €592,374 | €278,841 | -€313,533 | -52.9% |
| Tangible fixed assets | 22/27 | €592,374 | €275,604 | -€316,770 | -53.5% |
| Land and buildings | 22 | €592,374 | €275,604 | -€316,770 | -53.5% |
| Financial fixed assets | 28 | - | €3,237 | +€3,237 | |
| Current assets | 29/58 | €306,541 | €317,071 | +€10,530 | +3.4% |
| Stocks and contracts in progress | 3 | €276,395 | €276,395 | = | 0.0% |
| Stocks | 30/36 | €276,395 | €276,395 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,319 | €39,967 | +€12,648 | +46.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €27,319 | €39,967 | +€12,648 | +46.3% |
| Cash at bank and in hand | 54/58 | €2,826 | €709 | -€2,118 | -74.9% |
| Total equity and liabilities | 10/49 | €898,915 | €595,912 | -€303,003 | -33.7% |
| Equity | 10/15 | -€663,237 | -€666,705 | -€3,468 | -0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €51,846 | €51,846 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €45,646 | €45,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€777,083 | -€780,551 | -€3,468 | -0.4% |
| Amounts payable | 17/49 | €1,562,151 | €1,262,617 | -€299,535 | -19.2% |
| Amounts payable after more than one year | 17 | €531,117 | €252,031 | -€279,086 | -52.5% |
| Financial debts | 170/4 | €531,117 | €252,031 | -€279,086 | -52.5% |
| Amounts payable within one year | 42/48 | €1,031,035 | €1,010,586 | -€20,449 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €88,164 | €69,937 | -€18,227 | -20.7% |
| Trade debts | 44 | €8,148 | €11,240 | +€3,092 | +37.9% |
| Suppliers | 440/4 | €8,148 | €11,240 | +€3,092 | +37.9% |
| Other amounts payable | 47/48 | €934,723 | €929,409 | -€5,314 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,421 | €31,759 | -€13,662 | -30.1% |
| Other operating charges | 640/8 | €8,173 | €7,040 | -€1,133 | -13.9% |
| Gross operating margin | 9900 | -€18,167 | €76,130 | +€94,297 | |
| Operating profit (loss) | 9901 | -€71,761 | €37,331 | +€109,092 | |
| Financial income | 75/76B | €1,899 | €1,965 | +€66 | +3.5% |
| Recurring financial income | 75 | €1,899 | €1,965 | +€66 | +3.5% |
| Financial charges | 65/66B | €53,884 | €42,764 | -€11,119 | -20.6% |
| Recurring financial charges | 65 | €53,884 | €42,764 | -€11,119 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€123,746 | -€3,468 | +€120,277 | +97.2% |
| Profit (loss) for the period | 9904 | -€123,746 | -€3,468 | +€120,277 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€123,746 | -€3,468 | +€120,277 | +97.2% |
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.