STAPSTEEN: 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
STAPSTEEN
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€25,366
2024 · €25,079+€288
Equity
€237,435
2024 · €212,068+€25,366
Cash
€108,328
2024 · €110,180-€1,852
Balance sheet total
€625,750
2024 · €656,060-€30,310
Largest movements
Assets
- Tangible fixed assets -€46,674
down €46,674 (-15.3%), from €304,284 to €257,610
- Receivables within one year +€22,312
new in 2025: €22,312
Equity and liabilities
- Debts after one year -€59,100
down €59,100 (-34.7%), from €170,285 to €111,185
- Current portion of long-term debt +€28,325
up €28,325 (+39.8%), from €71,203 to €99,528
- Reserves +€25,366
up €25,366 (+9.5%), from €266,237 to €291,603
- Short-term financial debts -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Trade debts +€8,690
up €8,690 (+9.8%), from €88,619 to €97,309
Income statement
- Gross operating margin +€23,514
up €23,514 (+4.7%), from €498,145 to €521,658
- Staff costs +€13,087
up €13,087 (+3.5%), from €369,425 to €382,513
- Depreciation +€6,012
up €6,012 (+7.9%), from €76,481 to €82,493
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
€25,079
Gross operating margin
+€23,514
Staff costs
-€13,087
Depreciation
-€6,012
Other operating charges
-€614
Financial income
-€4,698
Financial charges
+€1,482
Taxes
-€297
Result 2025
€25,366
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
+€89,742
Investment
-€35,819
Financing
-€55,775
Cash 2024
€110,180
From operations (derived)
+€89,742
Net result for the year
+€25,366
Depreciation
+€82,493
Stocks and contracts
+€2,000
Receivables within one year
-€22,312
Deferred charges and accrued income
+€2,096
Trade debts
+€8,690
Tax, wage and social debts
-€5,980
Other debts
-€2,611
Investment (derived)
-€35,819
Investment in fixed assets (net)
-€35,819
Financing
-€55,775
Debts after one year
-€59,100
Current portion of long-term debt
+€28,325
Short-term financial debts
-€25,000
Cash 2025
€108,328
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,060 | €625,750 | -€30,310 | -4.6% |
| Fixed assets | 21/28 | €319,284 | €272,610 | -€46,674 | -14.6% |
| Tangible fixed assets | 22/27 | €304,284 | €257,610 | -€46,674 | -15.3% |
| Land and buildings | 22 | €26,789 | €26,789 | = | 0.0% |
| Plant, machinery and equipment | 23 | €60,906 | €44,196 | -€16,710 | -27.4% |
| Furniture and vehicles | 24 | €34,033 | €42,864 | +€8,830 | +25.9% |
| Leasing and similar rights | 25 | €29,233 | €13,489 | -€15,745 | -53.9% |
| Other tangible fixed assets | 26 | €153,322 | €130,273 | -€23,050 | -15.0% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €336,776 | €353,140 | +€16,364 | +4.9% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,500 | €22,500 | -€2,000 | -8.2% |
| Stocks | 30/36 | €24,500 | €22,500 | -€2,000 | -8.2% |
| Amounts receivable within one year | 40/41 | - | €22,312 | +€22,312 | |
| Other amounts receivable | 41 | - | €22,312 | +€22,312 | |
| Cash at bank and in hand | 54/58 | €110,180 | €108,328 | -€1,852 | -1.7% |
| Deferred charges and accrued income | 490/1 | €2,096 | - | -€2,096 | |
| Total equity and liabilities | 10/49 | €656,060 | €625,750 | -€30,310 | -4.6% |
| Equity | 10/15 | €212,068 | €237,435 | +€25,366 | +12.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €266,237 | €291,603 | +€25,366 | +9.5% |
| Distributable reserves | 133 | €266,237 | €291,603 | +€25,366 | +9.5% |
| Profit (loss) carried forward | 14 | -€56,668 | -€56,668 | = | 0.0% |
| Amounts payable | 17/49 | €443,992 | €388,316 | -€55,676 | -12.5% |
| Amounts payable after more than one year | 17 | €170,285 | €111,185 | -€59,100 | -34.7% |
| Financial debts | 170/4 | €170,285 | €111,185 | -€59,100 | -34.7% |
| Amounts payable within one year | 42/48 | €273,707 | €277,131 | +€3,424 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €71,203 | €99,528 | +€28,325 | +39.8% |
| Financial debts | 43 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Credit institutions | 430/8 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Trade debts | 44 | €88,619 | €97,309 | +€8,690 | +9.8% |
| Suppliers | 440/4 | €88,619 | €97,309 | +€8,690 | +9.8% |
| Taxes, remuneration and social security | 45 | €61,274 | €55,294 | -€5,980 | -9.8% |
| Taxes | 450/3 | €39,867 | €31,753 | -€8,114 | -20.4% |
| Remuneration and social security | 454/9 | €21,407 | €23,541 | +€2,135 | +10.0% |
| Other amounts payable | 47/48 | €2,611 | - | -€2,611 | |
| Remuneration, social security and pensions | 62 | €369,425 | €382,513 | +€13,087 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,481 | €82,493 | +€6,012 | +7.9% |
| Other operating charges | 640/8 | €2,342 | €2,957 | +€614 | +26.2% |
| Gross operating margin | 9900 | €498,145 | €521,658 | +€23,514 | +4.7% |
| Operating profit (loss) | 9901 | €49,896 | €53,696 | +€3,800 | +7.6% |
| Financial income | 75/76B | €5,458 | €760 | -€4,698 | -86.1% |
| Recurring financial income | 75 | €5,458 | €760 | -€4,698 | -86.1% |
| Financial charges | 65/66B | €15,147 | €13,665 | -€1,482 | -9.8% |
| Recurring financial charges | 65 | €15,147 | €13,665 | -€1,482 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €40,206 | €40,791 | +€584 | +1.5% |
| Income taxes | 67/77 | €15,128 | €15,425 | +€297 | +2.0% |
| Profit (loss) for the period | 9904 | €25,079 | €25,366 | +€288 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,079 | €25,366 | +€288 | +1.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.