STEF LOGISTICS SAINTES: what changed
What changed
STEF LOGISTICS SAINTES
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
filed annual accounts (NBB)
Net result for the year
-€243,063
2024 · -€775,822+€532,759
Equity
€1.1m
2024 · €343,475+€756,937
Cash
€67
2024 · €67+€0
Balance sheet total
€10.2m
2024 · €14.1m-€4.0m
Largest movements
Assets
- Receivables within one year -€3.9m
down €3.9m (-38.2%), from €10.1m to €6.2m
of which Other amounts receivable: -€2.2m
- Stocks and contracts -€286,736
down €286,736 (-35.6%), from €805,400 to €518,664
- Tangible fixed assets +€185,712
up €185,712 (+5.8%), from €3.2m to €3.4m
of which Land and buildings: +€185,897
Equity and liabilities
- Other debts -€2.6m
down €2.6m (-64.0%), from €4.0m to €1.4m
- Trade debts -€1.3m
down €1.3m (-18.0%), from €7.3m to €6.0m
- Tax, wage and social debts -€833,757
down €833,757 (-34.5%), from €2.4m to €1.6m
- Profit (loss) carried forward +€756,937
up €756,937 (+33.6%), from -€2.3m to -€1.5m
Income statement
- Other operating income -€3.5m
down €3.5m (-68.0%), from €5.2m to €1.7m
- Staff costs -€2.6m
down €2.6m (-21.0%), from €12.5m to €9.9m
- Turnover +€1.6m
up €1.6m (+4.8%), from €33.2m to €34.9m
- Services and other goods -€1.1m
down €1.1m (-4.1%), from €26.5m to €25.4m
- Goods and materials +€449,730
up €449,730, from -€162,994 to €286,736
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€775,822
Turnover
+€1.6m
Other operating income
-€3.5m
Goods and materials
-€449,730
Services and other goods
+€1.1m
Staff costs
+€2.6m
Depreciation
-€144,554
Write-downs
+€194,186
Provisions
-€6,864
Other operating charges
-€96,113
Other operating items
-€760,000
Financial income
+€22,365
Financial charges
+€11,045
Taxes
+€2,922
Result 2025
-€243,063
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€188,924
Investment
-€811,075
Financing
+€1.0m
Cash 2024
€67
From operations (derived)
-€188,924
Net result for the year
-€243,063
Depreciation
+€625,565
Stocks and contracts
+€286,736
Receivables within one year
+€3.9m
Smaller working-capital items
+€6,461
Trade debts
-€1.3m
Tax, wage and social debts
-€833,757
Other debts
-€2.6m
Investment (derived)
-€811,075
Investment in fixed assets (net)
-€811,075
Financing
+€1.0m
Contributions, distributions and other
+€1.0m
Cash 2025
€67
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,128,186 | €10,165,629 | -€4.0m | -28.0% |
| Fixed assets | 21/28 | €3,226,096 | €3,411,606 | +€185,510 | +5.8% |
| Tangible fixed assets | 22/27 | €3,213,171 | €3,398,883 | +€185,712 | +5.8% |
| Land and buildings | 22 | €434,366 | €620,263 | +€185,897 | +42.8% |
| Plant, machinery and equipment | 23 | €2,078,448 | €2,116,426 | +€37,978 | +1.8% |
| Furniture and vehicles | 24 | €677,790 | €633,349 | -€44,441 | -6.6% |
| Assets under construction and advance payments | 27 | €22,567 | €28,845 | +€6,278 | +27.8% |
| Financial fixed assets | 28 | €12,925 | €12,723 | -€202 | -1.6% |
| Affiliated companies | 280/1 | €12,300 | €12,300 | = | 0.0% |
| Participating interests | 280 | €12,300 | €12,300 | = | 0.0% |
| Other financial fixed assets | 284/8 | €625 | €423 | -€202 | -32.3% |
| Amounts receivable and cash guarantees | 285/8 | €625 | €423 | -€202 | -32.3% |
| Current assets | 29/58 | €10,902,090 | €6,754,022 | -€4.1m | -38.0% |
| Stocks and contracts in progress | 3 | €805,400 | €518,664 | -€286,736 | -35.6% |
| Stocks | 30/36 | €805,400 | €518,664 | -€286,736 | -35.6% |
| Goods purchased for resale | 34 | €805,400 | €518,664 | -€286,736 | -35.6% |
| Amounts receivable within one year | 40/41 | €10,088,990 | €6,235,291 | -€3.9m | -38.2% |
| Trade receivables | 40 | €7,752,667 | €6,117,350 | -€1.6m | -21.1% |
| Other amounts receivable | 41 | €2,336,323 | €117,941 | -€2.2m | -95.0% |
| Cash at bank and in hand | 54/58 | €67 | €67 | +€0 | +0.1% |
| Deferred charges and accrued income | 490/1 | €7,633 | - | -€7,633 | |
| Total equity and liabilities | 10/49 | €14,128,186 | €10,165,629 | -€4.0m | -28.0% |
| Equity | 10/15 | €343,475 | €1,100,411 | +€756,937 | +220% |
| Contributions | 10/11 | €2,230,355 | €2,230,355 | = | 0.0% |
| Capital | 10 | €2,216,710 | €2,216,710 | = | 0.0% |
| Issued capital | 100 | €2,216,710 | €2,216,710 | = | 0.0% |
| Contributions outside capital | 11 | €13,645 | €13,645 | = | 0.0% |
| Share premium | 1100/10 | €13,645 | €13,645 | = | 0.0% |
| Reserves | 13 | €25,851 | €25,851 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,199 | €23,199 | = | 0.0% |
| Legal reserve | 130 | €23,199 | €23,199 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,652 | €2,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,250,914 | -€1,493,977 | +€756,937 | +33.6% |
| Investment grants | 15 | €338,182 | €338,182 | = | 0.0% |
| Provisions and deferred taxes | 16 | €35,549 | €34,376 | -€1,172 | -3.3% |
| Provisions for liabilities and charges | 160/5 | €35,549 | €34,376 | -€1,172 | -3.3% |
| Other liabilities and charges | 164/5 | €35,549 | €34,376 | -€1,172 | -3.3% |
| Amounts payable | 17/49 | €13,749,163 | €9,030,841 | -€4.7m | -34.3% |
| Amounts payable within one year | 42/48 | €13,749,163 | €9,030,841 | -€4.7m | -34.3% |
| Trade debts | 44 | €7,317,230 | €6,002,328 | -€1.3m | -18.0% |
| Suppliers | 440/4 | €7,317,230 | €6,002,328 | -€1.3m | -18.0% |
| Taxes, remuneration and social security | 45 | €2,418,685 | €1,584,928 | -€833,757 | -34.5% |
| Remuneration and social security | 454/9 | €2,418,685 | €1,584,928 | -€833,757 | -34.5% |
| Other amounts payable | 47/48 | €4,013,248 | €1,443,585 | -€2.6m | -64.0% |
| Operating income | 70/76A | €39,225,362 | €36,524,608 | -€2.7m | -6.9% |
| Turnover | 70 | €33,249,961 | €34,857,414 | +€1.6m | +4.8% |
| Other operating income | 74 | €5,215,401 | €1,667,194 | -€3.5m | -68.0% |
| Non-recurring operating income | 76A | €760,000 | - | -€760,000 | |
| Operating charges | 60/66A | €39,899,206 | €36,702,026 | -€3.2m | -8.0% |
| Goods for resale, raw materials and consumables | 60 | -€162,994 | €286,736 | +€449,730 | |
| Change in stocks: decrease (increase) | 609 | -€162,994 | €286,736 | +€449,730 | |
| Services and other goods | 61 | €26,451,219 | €25,379,257 | -€1.1m | -4.1% |
| Remuneration, social security and pensions | 62 | €12,532,936 | €9,904,642 | -€2.6m | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481,012 | €625,565 | +€144,554 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €86,972 | -€107,213 | -€194,186 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€30,047 | -€23,182 | +€6,864 | +22.8% |
| Other operating charges | 640/8 | €540,107 | €636,220 | +€96,113 | +17.8% |
| Operating profit (loss) | 9901 | -€673,844 | -€177,417 | +€496,427 | +73.7% |
| Financial income | 75/76B | €68,803 | €91,168 | +€22,365 | +32.5% |
| Recurring financial income | 75 | €2,478 | €7,069 | +€4,591 | +185% |
| Other financial income | 752/9 | €2,478 | €7,069 | +€4,591 | +185% |
| Non-recurring financial income | 76B | €66,325 | €84,099 | +€17,774 | +26.8% |
| Financial charges | 65/66B | €167,859 | €156,814 | -€11,045 | -6.6% |
| Recurring financial charges | 65 | €150,670 | €156,058 | +€5,387 | +3.6% |
| Debt charges | 650 | €139,524 | €91,515 | -€48,010 | -34.4% |
| Other financial charges | 652/9 | €11,146 | €64,543 | +€53,397 | +479% |
| Non-recurring financial charges | 66B | €17,189 | €757 | -€16,432 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | -€772,900 | -€243,063 | +€529,837 | +68.6% |
| Income taxes | 67/77 | €2,922 | - | -€2,922 | |
| Taxes | 670/3 | €2,922 | - | -€2,922 | |
| Profit (loss) for the period | 9904 | -€775,822 | -€243,063 | +€532,759 | +68.7% |
| Transfer from tax-exempt reserves | 789 | €690 | - | -€690 | |
| Profit (loss) for the period to be appropriated | 9905 | -€775,132 | -€243,063 | +€532,069 | +68.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.