STASSEN LOGISTICS: 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 LOGISTICS
Largest movements
- Tangible fixed assets -€165,965
down €165,965 (-22.8%), from €727,985 to €562,019
of which Leasing and similar rights: -€108,536
- Debts after one year -€198,438
down €198,438 (-48.6%), from €407,889 to €209,451
- Current portion of long-term debt -€52,032
down €52,032 (-21.2%), from €245,020 to €192,988
- Reserves +€49,927
up €49,927 (+60.7%), from €82,189 to €132,117
of which Distributable reserves: +€55,100
- Trade debts +€14,485
up €14,485 (+27.3%), from €52,962 to €67,447
- Advances received +€10,000
new in 2025: €10,000
- Gross operating margin +€124,520
up €124,520 (+43.2%), from €287,995 to €412,515
- Staff costs +€48,742
up €48,742 (+37.0%), from €131,589 to €180,331
- Depreciation -€35,449
down €35,449 (-17.6%), from €201,414 to €165,965
- Financial charges -€4,354
down €4,354 (-24.2%), from €18,002 to €13,648
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 | €831,304 | €657,266 | -€174,039 | -20.9% |
| Fixed assets | 21/28 | €733,525 | €567,559 | -€165,965 | -22.6% |
| Tangible fixed assets | 22/27 | €727,985 | €562,019 | -€165,965 | -22.8% |
| Plant, machinery and equipment | 23 | €183,046 | €135,290 | -€47,756 | -26.1% |
| Furniture and vehicles | 24 | €41,817 | €32,144 | -€9,674 | -23.1% |
| Leasing and similar rights | 25 | €503,121 | €394,586 | -€108,536 | -21.6% |
| Financial fixed assets | 28 | €5,540 | €5,540 | = | 0.0% |
| Current assets | 29/58 | €97,780 | €89,706 | -€8,074 | -8.3% |
| Amounts receivable within one year | 40/41 | €58,007 | €55,580 | -€2,427 | -4.2% |
| Trade receivables | 40 | €58,007 | €55,580 | -€2,427 | -4.2% |
| Cash at bank and in hand | 54/58 | €9,944 | €8,485 | -€1,459 | -14.7% |
| Deferred charges and accrued income | 490/1 | €29,829 | €25,641 | -€4,187 | -14.0% |
| Total equity and liabilities | 10/49 | €831,304 | €657,266 | -€174,039 | -20.9% |
| Equity | 10/15 | €88,428 | €138,322 | +€49,894 | +56.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,189 | €132,117 | +€49,927 | +60.7% |
| Tax-exempt reserves | 132 | €21,429 | €16,257 | -€5,173 | -24.1% |
| Distributable reserves | 133 | €60,760 | €115,860 | +€55,100 | +90.7% |
| Profit (loss) carried forward | 14 | €39 | €6 | -€33 | -85.2% |
| Provisions and deferred taxes | 16 | €7,281 | €5,523 | -€1,757 | -24.1% |
| Deferred taxes | 168 | €7,281 | €5,523 | -€1,757 | -24.1% |
| Amounts payable | 17/49 | €735,595 | €513,420 | -€222,176 | -30.2% |
| Amounts payable after more than one year | 17 | €407,889 | €209,451 | -€198,438 | -48.6% |
| Financial debts | 170/4 | €407,889 | €209,451 | -€198,438 | -48.6% |
| Amounts payable within one year | 42/48 | €326,498 | €303,969 | -€22,529 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €245,020 | €192,988 | -€52,032 | -21.2% |
| Trade debts | 44 | €52,962 | €67,447 | +€14,485 | +27.3% |
| Suppliers | 440/4 | €52,962 | €67,447 | +€14,485 | +27.3% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €12,516 | €17,534 | +€5,018 | +40.1% |
| Taxes | 450/3 | €10,429 | €14,231 | +€3,802 | +36.5% |
| Remuneration and social security | 454/9 | €2,087 | €3,303 | +€1,216 | +58.3% |
| Other amounts payable | 47/48 | €16,000 | €16,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,208 | - | -€1,208 | |
| Remuneration, social security and pensions | 62 | €131,589 | €180,331 | +€48,742 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,414 | €165,965 | -€35,449 | -17.6% |
| Other operating charges | 640/8 | €2,512 | €4,434 | +€1,922 | +76.5% |
| Gross operating margin | 9900 | €287,995 | €412,515 | +€124,520 | +43.2% |
| Operating profit (loss) | 9901 | -€47,520 | €61,784 | +€109,305 | |
| Financial income | 75/76B | €7 | €0 | -€6 | -96.0% |
| Recurring financial income | 75 | €7 | €0 | -€6 | -96.0% |
| Financial charges | 65/66B | €18,002 | €13,648 | -€4,354 | -24.2% |
| Recurring financial charges | 65 | €18,002 | €13,648 | -€4,354 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€65,516 | €48,137 | +€113,653 | |
| Transfer from deferred taxes | 780 | €1,757 | €1,757 | = | 0.0% |
| Income taxes | 67/77 | €35 | - | -€35 | |
| Profit (loss) for the period | 9904 | -€63,794 | €49,894 | +€113,688 | |
| Transfer from tax-exempt reserves | 789 | €5,173 | €5,173 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,621 | €55,067 | +€113,688 |
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 23 October 2026 via checked.be.