Staprix: 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.
Staprix
Largest movements
- Current investments -€7.8m
no longer reported in 2025 (was €7.8m)
- Receivables after one year +€4.1m
up €4.1m (+6.3%), from €64.8m to €68.9m
- Deferred charges and accrued income -€2.5m
no longer reported in 2025 (was €2.5m)
- Receivables within one year +€1.9m
up €1.9m (+16.3%), from €11.6m to €13.5m
of which Trade receivables: +€4.8m
- Financial fixed assets +€1.3m
up €1.3m (+8.2%), from €16.0m to €17.3m
- Debts after one year -€7.3m
down €7.3m (-9.8%), from €74.4m to €67.1m
of which Financial debts: -€7.3m
- Profit (loss) carried forward +€4.0m
up €4.0m (+18.5%), from -€21.7m to -€17.7m
- Financial charges -€4.2m
down €4.2m (-47.7%), from €8.9m to €4.6m
of which Financial charges: -€2.4m
- Financial income -€1.3m
down €1.3m (-14.6%), from €9.1m to €7.7m
of which Financial income: -€2.5m
- Taxes -€1.1m
down €1.1m, from €124,007 to -€983,793
- Gross operating margin +€216,036
up €216,036 (+99.1%), from €218,055 to €434,091
- Other operating charges -€35,872
down €35,872 (-38.4%), from €93,463 to €57,591
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 | €114,327,295 | €111,856,498 | -€2.5m | -2.2% |
| Fixed assets | 21/28 | €25,000,335 | €25,869,497 | +€869,162 | +3.5% |
| Tangible fixed assets | 22/27 | €8,995,622 | €8,549,074 | -€446,548 | -5.0% |
| Land and buildings | 22 | €1,435,511 | €1,372,851 | -€62,660 | -4.4% |
| Plant, machinery and equipment | 23 | €70,933 | €59,041 | -€11,892 | -16.8% |
| Leasing and similar rights | 25 | €7,482,022 | €7,110,382 | -€371,640 | -5.0% |
| Other tangible fixed assets | 26 | €7,156 | €6,799 | -€357 | -5.0% |
| Financial fixed assets | 28 | €16,004,713 | €17,320,423 | +€1.3m | +8.2% |
| Current assets | 29/58 | €89,326,960 | €85,987,001 | -€3.3m | -3.7% |
| Amounts receivable after more than one year | 29 | €64,813,185 | €68,913,185 | +€4.1m | +6.3% |
| Other amounts receivable | 291 | €64,813,185 | €68,913,185 | +€4.1m | +6.3% |
| Amounts receivable within one year | 40/41 | €11,605,532 | €13,492,207 | +€1.9m | +16.3% |
| Trade receivables | 40 | €6,634,430 | €11,420,099 | +€4.8m | +72.1% |
| Other amounts receivable | 41 | €4,971,102 | €2,072,108 | -€2.9m | -58.3% |
| Current investments | 50/53 | €7,834,878 | - | -€7.8m | |
| Cash at bank and in hand | 54/58 | €2,623,169 | €3,581,609 | +€958,440 | +36.5% |
| Deferred charges and accrued income | 490/1 | €2,450,196 | - | -€2.5m | |
| Total equity and liabilities | 10/49 | €114,327,295 | €111,856,498 | -€2.5m | -2.2% |
| Equity | 10/15 | €29,379,697 | €33,398,089 | +€4.0m | +13.7% |
| Contributions | 10/11 | €51,000,000 | €51,000,000 | = | 0.0% |
| Capital | 10 | €51,000,000 | €51,000,000 | = | 0.0% |
| Issued capital | 100 | €51,000,000 | €51,000,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,720,303 | -€17,701,911 | +€4.0m | +18.5% |
| Amounts payable | 17/49 | €84,947,598 | €78,458,409 | -€6.5m | -7.6% |
| Amounts payable after more than one year | 17 | €74,375,807 | €67,099,493 | -€7.3m | -9.8% |
| Financial debts | 170/4 | €74,375,807 | €67,099,093 | -€7.3m | -9.8% |
| Other amounts payable | 178/9 | - | €400 | +€400 | |
| Amounts payable within one year | 42/48 | €10,571,791 | €11,358,916 | +€787,125 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €1,734,471 | €2,123,185 | +€388,714 | +22.4% |
| Trade debts | 44 | €6,867,182 | €7,261,494 | +€394,312 | +5.7% |
| Suppliers | 440/4 | €6,867,182 | €7,261,494 | +€394,312 | +5.7% |
| Taxes, remuneration and social security | 45 | €9,574 | €13,672 | +€4,098 | +42.8% |
| Taxes | 450/3 | €9,574 | €13,672 | +€4,098 | +42.8% |
| Other amounts payable | 47/48 | €1,960,564 | €1,960,564 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455,729 | €446,548 | -€9,181 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,178 | - | -€2,178 | |
| Other operating charges | 640/8 | €93,463 | €57,591 | -€35,872 | -38.4% |
| Gross operating margin | 9900 | €218,055 | €434,091 | +€216,036 | +99.1% |
| Operating profit (loss) | 9901 | -€333,315 | -€70,048 | +€263,267 | +79.0% |
| Financial income | 75/76B | €9,066,153 | €7,744,906 | -€1.3m | -14.6% |
| Recurring financial income | 75 | €9,066,153 | €6,603,156 | -€2.5m | -27.2% |
| Non-recurring financial income | 76B | - | €1,141,750 | +€1.1m | |
| Financial charges | 65/66B | €8,876,403 | €4,640,258 | -€4.2m | -47.7% |
| Recurring financial charges | 65 | €5,010,965 | €2,640,258 | -€2.4m | -47.3% |
| Non-recurring financial charges | 66B | €3,865,438 | €2,000,000 | -€1.9m | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€143,565 | €3,034,599 | +€3.2m | |
| Income taxes | 67/77 | €124,007 | -€983,793 | -€1.1m | |
| Profit (loss) for the period | 9904 | -€267,572 | €4,018,392 | +€4.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€267,572 | €4,018,392 | +€4.3m |
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 6 October 2026 via checked.be.