STAPS: 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.
STAPS
Largest movements
- Receivables within one year -€9,159
down €9,159 (-9.4%), from €97,770 to €88,612
of which Other amounts receivable: -€9,159
- Cash -€5,754
down €5,754 (-67.5%), from €8,518 to €2,764
mainly Net result for the year (-€12,716) and Investment in fixed assets (net) (-€10,675)
- Tangible fixed assets -€3,628
down €3,628 (-4.9%), from €74,529 to €70,901
of which Land and buildings: -€4,715
- Profit (loss) carried forward -€12,716
down €12,716 (-53.7%), from -€23,663 to -€36,379
- Trade debts -€3,973
down €3,973 (-43.3%), from €9,166 to €5,193
- Gross operating margin -€13,834
down €13,834 (-76.1%), from €18,167 to €4,334
- Depreciation -€527
down €527 (-3.6%), from €14,830 to €14,303
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 | €181,056 | €162,515 | -€18,540 | -10.2% |
| Fixed assets | 21/28 | €74,768 | €71,140 | -€3,628 | -4.9% |
| Tangible fixed assets | 22/27 | €74,529 | €70,901 | -€3,628 | -4.9% |
| Land and buildings | 22 | €74,529 | €69,814 | -€4,715 | -6.3% |
| Plant, machinery and equipment | 23 | - | €1,087 | +€1,087 | |
| Financial fixed assets | 28 | €239 | €239 | = | 0.0% |
| Current assets | 29/58 | €106,288 | €91,376 | -€14,912 | -14.0% |
| Amounts receivable within one year | 40/41 | €97,770 | €88,612 | -€9,159 | -9.4% |
| Trade receivables | 40 | €5,005 | €5,005 | = | 0.0% |
| Other amounts receivable | 41 | €92,765 | €83,606 | -€9,159 | -9.9% |
| Cash at bank and in hand | 54/58 | €8,518 | €2,764 | -€5,754 | -67.5% |
| Total equity and liabilities | 10/49 | €181,056 | €162,515 | -€18,540 | -10.2% |
| Equity | 10/15 | €57,226 | €44,510 | -€12,716 | -22.2% |
| 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 | €18,889 | €18,889 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,256 | €5,256 | = | 0.0% |
| Legal reserve | 130 | €5,256 | €5,256 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €8,675 | €8,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,663 | -€36,379 | -€12,716 | -53.7% |
| Amounts payable | 17/49 | €123,830 | €118,006 | -€5,824 | -4.7% |
| Amounts payable within one year | 42/48 | €110,982 | €105,157 | -€5,824 | -5.2% |
| Trade debts | 44 | €9,166 | €5,193 | -€3,973 | -43.3% |
| Suppliers | 440/4 | €9,166 | €5,193 | -€3,973 | -43.3% |
| Taxes, remuneration and social security | 45 | €1,771 | €0 | -€1,771 | -100.0% |
| Taxes | 450/3 | €1,771 | €0 | -€1,771 | -100.0% |
| Other amounts payable | 47/48 | €100,044 | €99,964 | -€80 | -0.1% |
| Accrued charges and deferred income | 492/3 | €12,848 | €12,848 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,830 | €14,303 | -€527 | -3.6% |
| Other operating charges | 640/8 | €2,630 | €2,471 | -€159 | -6.1% |
| Gross operating margin | 9900 | €18,167 | €4,334 | -€13,834 | -76.1% |
| Operating profit (loss) | 9901 | €708 | -€12,440 | -€13,148 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +5400.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5400.0% |
| Financial charges | 65/66B | €278 | €276 | -€2 | -0.5% |
| Recurring financial charges | 65 | €278 | €276 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €430 | -€12,716 | -€13,146 | |
| Profit (loss) for the period | 9904 | €430 | -€12,716 | -€13,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €430 | -€12,716 | -€13,146 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.