Staff costs: the meaning
Wages, social security contributions and other staff costs.
Directors paid through a management company appear under services, not staff costs. A company without staff costs may still use people.
How to read it
Compare with gross margin: if more than 70 to 80 percent goes to staff, little is left for the rest.
On Nummo you find this figure in the Figures tab of every company that filed annual accounts, over the years. In the tables, a small card gives this explanation in short.
How to calculate it
item 62
The item numbers follow the official format of Belgian annual accounts, which builds on the European Accounting Directive.
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