STASSEN & Co: 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.
STASSEN & Co
Largest movements
- Deferred charges and accrued income +€16,642
up €16,642 (+399%), from €4,173 to €20,815
- Receivables within one year -€15,093
down €15,093 (-32.1%), from €46,984 to €31,891
of which Trade receivables: -€20,760
- Receivables after one year -€15,000
down €15,000 (-16.7%), from €90,000 to €75,000
- Tangible fixed assets -€6,998
down €6,998 (-32.3%), from €21,647 to €14,649
of which Furniture and vehicles: -€3,514
- Cash +€3,286
up €3,286 (+9.1%), from €36,235 to €39,520
mainly Receivables within one year (+€15,093) and Receivables after one year (+€15,000)
- Other debts -€15,816
no longer reported in 2025 (was €15,816)
- Tax, wage and social debts -€4,917
down €4,917 (-13.8%), from €35,669 to €30,751
of which Taxes: -€5,343
- Profit (loss) carried forward +€4,696
up €4,696 (+41.4%), from -€11,344 to -€6,648
- Staff costs -€38,167
down €38,167 (-23.7%), from €160,770 to €122,603
- Gross operating margin -€29,776
down €29,776 (-17.1%), from €173,713 to €143,937
- Depreciation -€9,896
down €9,896 (-52.6%), from €18,807 to €8,911
- Taxes +€3,980
up €3,980 (+160%), from €2,486 to €6,466
- Financial charges -€2,167
down €2,167 (-33.4%), from €6,479 to €4,312
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,114 | €181,950 | -€17,164 | -8.6% |
| Fixed assets | 21/28 | €21,721 | €14,723 | -€6,998 | -32.2% |
| Tangible fixed assets | 22/27 | €21,647 | €14,649 | -€6,998 | -32.3% |
| Furniture and vehicles | 24 | €10,899 | €7,385 | -€3,514 | -32.2% |
| Other tangible fixed assets | 26 | €10,748 | €7,264 | -€3,484 | -32.4% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €177,392 | €167,227 | -€10,166 | -5.7% |
| Amounts receivable after more than one year | 29 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Other amounts receivable | 291 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €46,984 | €31,891 | -€15,093 | -32.1% |
| Trade receivables | 40 | €46,018 | €25,258 | -€20,760 | -45.1% |
| Other amounts receivable | 41 | €967 | €6,633 | +€5,667 | +586% |
| Cash at bank and in hand | 54/58 | €36,235 | €39,520 | +€3,286 | +9.1% |
| Deferred charges and accrued income | 490/1 | €4,173 | €20,815 | +€16,642 | +399% |
| Total equity and liabilities | 10/49 | €199,114 | €181,950 | -€17,164 | -8.6% |
| Equity | 10/15 | €78,656 | €83,352 | +€4,696 | +6.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,344 | -€6,648 | +€4,696 | +41.4% |
| Amounts payable | 17/49 | €120,458 | €98,598 | -€21,860 | -18.1% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,423 | €36,696 | -€21,727 | -37.2% |
| Trade debts | 44 | €6,938 | €5,945 | -€994 | -14.3% |
| Suppliers | 440/4 | €6,938 | €5,945 | -€994 | -14.3% |
| Taxes, remuneration and social security | 45 | €35,669 | €30,751 | -€4,917 | -13.8% |
| Taxes | 450/3 | €24,052 | €18,710 | -€5,343 | -22.2% |
| Remuneration and social security | 454/9 | €11,616 | €12,042 | +€425 | +3.7% |
| Other amounts payable | 47/48 | €15,816 | - | -€15,816 | |
| Accrued charges and deferred income | 492/3 | €2,035 | €1,902 | -€133 | -6.5% |
| Remuneration, social security and pensions | 62 | €160,770 | €122,603 | -€38,167 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,807 | €8,911 | -€9,896 | -52.6% |
| Other operating charges | 640/8 | €1,747 | €674 | -€1,073 | -61.4% |
| Gross operating margin | 9900 | €173,713 | €143,937 | -€29,776 | -17.1% |
| Operating profit (loss) | 9901 | -€7,610 | €11,750 | +€19,360 | |
| Financial income | 75/76B | €4,080 | €3,724 | -€356 | -8.7% |
| Recurring financial income | 75 | €4,080 | €3,724 | -€356 | -8.7% |
| Financial charges | 65/66B | €6,479 | €4,312 | -€2,167 | -33.4% |
| Recurring financial charges | 65 | €6,479 | €4,312 | -€2,167 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,009 | €11,162 | +€21,171 | |
| Income taxes | 67/77 | €2,486 | €6,466 | +€3,980 | +160% |
| Profit (loss) for the period | 9904 | -€12,495 | €4,696 | +€17,191 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,495 | €4,696 | +€17,191 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.