STAPPERT Intramet: 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.
What changed
STAPPERT Intramet
NACE 46.820, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€251,190
2024 · €683,221-€432,031
Equity
€17.2m
2024 · €17.2m+€1,190
Cash
€2.7m
2024 · €1.1m+€1.6m
Balance sheet total
€20.5m
2024 · €22.7m-€2.1m
Largest movements
Assets
- Receivables within one year -€3.5m
down €3.5m (-42.4%), from €8.4m to €4.8m
of which Other amounts receivable: -€2.6m
- Cash +€1.6m
up €1.6m (+137%), from €1.1m to €2.7m
mainly Receivables within one year (+€3.5m) and Net result for the year (+€251,190)
Equity and liabilities
- Other debts -€1.8m
down €1.8m (-87.4%), from €2.0m to €252,364
- Trade debts -€320,928
down €320,928 (-11.0%), from €2.9m to €2.6m
Income statement
- Turnover -€2.3m
down €2.3m (-5.7%), from €39.6m to €37.4m
- Goods and materials -€2.2m
down €2.2m (-6.5%), from €33.9m to €31.6m
of which Change in stocks: decrease (increase): -€2.8m
- Write-downs +€771,525
up €771,525, from -€561,830 to €209,695
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.
Result 2024
€683,221
Turnover
-€2.3m
Other operating income
-€13,601
Goods and materials
+€2.2m
Services and other goods
+€38,506
Staff costs
+€196,265
Depreciation
+€1,898
Write-downs
-€771,525
Other operating charges
-€25,793
Financial income
-€13,265
Financial charges
+€55,970
Taxes
+€139,179
Result 2025
€251,190
raises the resultlowers the result
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.
From operations
+€1.8m
Investment
-€764
Financing
-€250,000
Cash 2024
€1.1m
From operations (derived)
+€1.8m
Net result for the year
+€251,190
Depreciation
+€16,850
Stocks and contracts
+€138,645
Receivables within one year
+€3.5m
Trade debts
-€320,928
Tax, wage and social debts
-€47,268
Other debts
-€1.8m
Accrued charges and deferred income
-€10,728
Investment (derived)
-€764
Investment in fixed assets (net)
-€764
Financing
-€250,000
Contributions, distributions and other
-€250,000
Cash 2025
€2.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,651,203 | €20,523,469 | -€2.1m | -9.4% |
| Fixed assets | 21/28 | €39,368 | €23,282 | -€16,086 | -40.9% |
| Tangible fixed assets | 22/27 | €33,107 | €16,257 | -€16,850 | -50.9% |
| Plant, machinery and equipment | 23 | €29,683 | €13,968 | -€15,715 | -52.9% |
| Furniture and vehicles | 24 | €3,424 | €2,289 | -€1,135 | -33.1% |
| Financial fixed assets | 28 | €6,261 | €7,025 | +€764 | +12.2% |
| Other financial fixed assets | 284/8 | €6,261 | €7,025 | +€764 | +12.2% |
| Amounts receivable and cash guarantees | 285/8 | €6,261 | €7,025 | +€764 | +12.2% |
| Current assets | 29/58 | €22,611,835 | €20,500,187 | -€2.1m | -9.3% |
| Stocks and contracts in progress | 3 | €13,097,295 | €12,958,650 | -€138,645 | -1.1% |
| Stocks | 30/36 | €13,097,295 | €12,958,650 | -€138,645 | -1.1% |
| Goods purchased for resale | 34 | €13,097,295 | €12,958,650 | -€138,645 | -1.1% |
| Amounts receivable within one year | 40/41 | €8,364,763 | €4,822,034 | -€3.5m | -42.4% |
| Trade receivables | 40 | €4,238,665 | €3,318,768 | -€919,897 | -21.7% |
| Other amounts receivable | 41 | €4,126,098 | €1,503,266 | -€2.6m | -63.6% |
| Cash at bank and in hand | 54/58 | €1,149,777 | €2,719,503 | +€1.6m | +137% |
| Total equity and liabilities | 10/49 | €22,651,203 | €20,523,469 | -€2.1m | -9.4% |
| Equity | 10/15 | €17,197,460 | €17,198,650 | +€1,190 | 0.0% |
| Contributions | 10/11 | €6,717,915 | €6,717,915 | = | 0.0% |
| Capital | 10 | €6,717,915 | €6,717,915 | = | 0.0% |
| Issued capital | 100 | €6,717,915 | €6,717,915 | = | 0.0% |
| Reserves | 13 | €1,273,577 | €1,273,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €671,791 | €671,791 | = | 0.0% |
| Legal reserve | 130 | €671,791 | €671,791 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,485 | €4,485 | = | 0.0% |
| Distributable reserves | 133 | €597,301 | €597,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,205,968 | €9,207,158 | +€1,190 | 0.0% |
| Amounts payable | 17/49 | €5,453,743 | €3,324,819 | -€2.1m | -39.0% |
| Amounts payable after more than one year | 17 | €197,822 | €197,822 | = | 0.0% |
| Other amounts payable | 178/9 | €197,822 | €197,822 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,243,291 | €3,125,095 | -€2.1m | -40.4% |
| Trade debts | 44 | €2,919,455 | €2,598,527 | -€320,928 | -11.0% |
| Suppliers | 440/4 | €2,919,455 | €2,598,527 | -€320,928 | -11.0% |
| Taxes, remuneration and social security | 45 | €321,472 | €274,204 | -€47,268 | -14.7% |
| Taxes | 450/3 | €163,688 | €123,878 | -€39,810 | -24.3% |
| Remuneration and social security | 454/9 | €157,784 | €150,326 | -€7,458 | -4.7% |
| Other amounts payable | 47/48 | €2,002,364 | €252,364 | -€1.8m | -87.4% |
| Accrued charges and deferred income | 492/3 | €12,630 | €1,902 | -€10,728 | -84.9% |
| Operating income | 70/76A | €39,713,321 | €37,449,646 | -€2.3m | -5.7% |
| Turnover | 70 | €39,640,741 | €37,390,667 | -€2.3m | -5.7% |
| Other operating income | 74 | €72,580 | €58,979 | -€13,601 | -18.7% |
| Operating charges | 60/66A | €38,634,369 | €36,984,609 | -€1.6m | -4.3% |
| Goods for resale, raw materials and consumables | 60 | €33,858,243 | €31,647,834 | -€2.2m | -6.5% |
| Purchases | 600/8 | €31,127,794 | €31,745,189 | +€617,395 | +2.0% |
| Change in stocks: decrease (increase) | 609 | €2,730,449 | -€97,355 | -€2.8m | |
| Services and other goods | 61 | €3,712,203 | €3,673,697 | -€38,506 | -1.0% |
| Remuneration, social security and pensions | 62 | €1,571,907 | €1,375,642 | -€196,265 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,748 | €16,850 | -€1,898 | -10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€561,830 | €209,695 | +€771,525 | |
| Other operating charges | 640/8 | €35,098 | €60,891 | +€25,793 | +73.5% |
| Operating profit (loss) | 9901 | €1,078,952 | €465,037 | -€613,915 | -56.9% |
| Financial income | 75/76B | €80,663 | €67,398 | -€13,265 | -16.4% |
| Recurring financial income | 75 | €80,663 | €67,398 | -€13,265 | -16.4% |
| Income from current assets | 751 | €76,979 | €65,951 | -€11,028 | -14.3% |
| Other financial income | 752/9 | €3,684 | €1,447 | -€2,237 | -60.7% |
| Financial charges | 65/66B | €232,090 | €176,120 | -€55,970 | -24.1% |
| Recurring financial charges | 65 | €232,090 | €176,120 | -€55,970 | -24.1% |
| Debt charges | 650 | €174,492 | €118,146 | -€56,346 | -32.3% |
| Other financial charges | 652/9 | €57,598 | €57,974 | +€376 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €927,525 | €356,315 | -€571,210 | -61.6% |
| Income taxes | 67/77 | €244,304 | €105,125 | -€139,179 | -57.0% |
| Taxes | 670/3 | €245,785 | €105,125 | -€140,660 | -57.2% |
| Tax adjustments and reversals of tax provisions | 77 | €1,481 | - | -€1,481 | |
| Profit (loss) for the period | 9904 | €683,221 | €251,190 | -€432,031 | -63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €683,221 | €251,190 | -€432,031 | -63.2% |
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 23 October 2026 via checked.be.