STERNA (0631.833.353): financials and annual accounts

STERNA

Brussels ·KBO/BCE: BE 0631.833.353

Line	2025	2024	2023	2022	2021	2020	2019	2018
Balance sheet: assets
Total assets`20/58`	136,741	210,451	171,240	218,456	246,404	122,667	52,834	45,772
Formation expenses`20`	496	744	992	-	-	-	-	-
Fixed assets`21/28`	34,463	57,074	76,928	107,210	119,080	41,278	39,979	2,418
Intangible fixed assets`21`	-	-	-	5,500	11,000	16,500	22,000	-
Tangible fixed assets`22/27`	29,783	52,394	72,248	97,030	103,400	20,098	13,299	2,418
Plant, machinery and equipment`23`	3,473	3,930	6,107	2,336	6,885	3,465	-	-
Furniture and vehicles`24`	9,349	26,168	38,510	61,728	79,635	13,293	6,620	2,418
Other tangible fixed assets`26`	16,961	22,296	27,631	32,966	16,880	3,340	6,679	-
Financial fixed assets`28`	4,680	4,680	4,680	4,680	4,680	4,680	4,680	-
Current assets`29/58`	101,782	152,633	93,320	111,246	127,324	81,389	12,855	43,354
Stocks and contracts in progress`3`	2,695	4,231	4,725	6,094	5,928	2,998	4,742	2,076
Stocks`30/36`	2,695	4,231	4,725	6,094	5,928	2,998	4,742	2,076
Amounts receivable within one year`40/41`	26,206	23,240	39,360	25,209	15,167	24,734	580	3,949
Trade receivables`40`	-	376	7,000	594	5,248	-	-	-
Other amounts receivable`41`	26,206	22,864	32,360	24,615	9,919	24,734	580	3,949
Cash at bank and in hand`54/58`	71,513	123,813	37,741	78,582	105,788	53,657	7,533	37,329
Deferred charges and accrued income`490/1`	1,368	1,349	11,494	1,361	441	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	136,741	210,451	171,240	218,456	246,404	122,667	52,834	45,772
Equity`10/15`	42,607	33,293	69,819	112,105	103,626	55,782	28,136	25,173
Contributions`10/11`	8,060	8,060	8,060	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	12,400	12,400	12,400
Reserves`13`	-	-	-	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	-	-	-
Profit (loss) carried forward`14`	34,547	25,233	61,759	104,045	95,566	47,722	20,076	17,113
Amounts payable`17/49`	94,134	177,158	101,421	106,351	142,778	66,885	24,698	20,599
Amounts payable after more than one year`17`	-	1,139	15,808	26,921	43,217	8,900	-	-
Financial debts`170/4`	-	1,139	15,808	26,921	43,217	8,900	-	-
Amounts payable within one year`42/48`	94,134	176,019	85,613	79,430	99,561	57,985	24,698	20,599
Current portion of amounts payable after more than one year`42`	-	12,428	11,113	16,297	16,895	2,132	-	-
Trade debts`44`	22,845	32,626	39,365	18,046	14,179	11,107	12,031	3,933
Suppliers`440/4`	22,845	32,626	39,365	18,046	14,179	11,107	12,031	3,933
Taxes, remuneration and social security`45`	56,289	30,965	35,135	45,087	28,487	19,746	7,269	6,666
Taxes`450/3`	26,470	19,226	13,399	24,041	15,070	13,896	1,394	6,666
Remuneration and social security`454/9`	29,819	11,739	21,736	21,046	13,417	5,850	5,875	-
Other amounts payable`47/48`	15,000	100,000	-	-	40,000	25,000	5,398	10,000
Income statement
Non-recurring operating income`76A`	-	-	87	-	-	4,864	-	149
Gross operating margin`9900`	169,600	168,846	141,684	154,675	203,113	117,325	33,440	32,900
Remuneration, social security and pensions`62`	107,194	61,360	145,461	92,084	73,809	40,977	9,315	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	26,847	29,185	35,159	35,257	25,793	14,652	11,847	1,870
Other operating charges`640/8`	2,289	3,440	1,546	6,317	1,190	680	825	824
Operating profit (loss)`9901`	33,270	74,861	-40,482	21,017	102,321	61,016	11,453	30,206
Financial income`75/76B`	-	318	-	-	-	35	-	584
Recurring financial income`75`	-	318	-	-	-	35	-	584
Financial charges`65/66B`	813	567	935	1,775	1,942	1,410	2,576	41
Recurring financial charges`65`	813	567	935	1,775	1,942	1,410	2,576	41
Profit (loss) for the period before taxes`9903`	32,457	74,612	-41,417	19,242	100,379	59,641	8,877	30,749
Income taxes`67/77`	8,143	11,138	869	10,763	12,535	6,995	914	4,698
Profit (loss) for the period`9904`	24,314	63,474	-42,286	8,479	87,844	52,646	7,963	26,051
Profit (loss) for the period to be appropriated`9905`	24,314	63,474	-42,286	8,479	87,844	52,646	7,963	26,051
Appropriation of the result
Profit (loss) to be appropriated`9906`	49,547	125,233	61,759	104,045	135,566	72,722	25,076	27,113
Profit (loss) brought forward from the previous period`14P`	25,233	61,759	104,045	95,566	47,722	-	-	-
Profit to be distributed`694/7`	15,000	100,000	-	-	40,000	25,000	5,000	10,000
Return on contributions (dividend)`694`	15,000	100,000	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	40,000	25,000	5,000	10,000
Social balance sheet
Average staff (FTE)`9087`	-	2.2	4	2.8	2.8	1.6	0.3	-
Hours worked`1013`	-	2,842	6,790	4,850	3,747	2,046	484	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-08-2026	2026-00417940	PDF
31-12-2024	micro format	26-08-2025	2025-00404892	PDF
31-12-2023	micro format	06-08-2024	2024-00330317	PDF
31-12-2022	micro format	23-08-2023	2023-00344422	PDF
31-12-2021	micro format	30-08-2022	2022-20347384	PDF
31-12-2020	full format	21-10-2021	2021-72600151	PDF
31-12-2019	full format	18-08-2020	2020-42000149	PDF
31-12-2018	full format	12-07-2019	2019-32000586	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018
EBITDA	60,117	104,046	-5,323	56,274	128,114	75,668	23,300	32,076
Cash flow	51,161	92,659	-7,127	43,736	113,637	67,298	19,810	27,921
Investment in fixed assets (approximation)	3,988	9,331	10,023	23,387	103,595	12,100	44,728	3,022
Change in cash	-52,300	86,072	-40,841	-27,206	52,131	46,124	-29,796	-
Working capital	7,648	-23,386	7,707	31,816	27,763	23,404	-11,843	22,755
Solvency	31.2%	15.8%	40.8%	51.3%	42.1%	45.5%	53.3%	55.0%
Current ratio	1.08	0.87	1.09	1.40	1.28	1.40	0.52	2.10
Quick ratio	1.05	0.84	1.03	1.32	1.22	1.35	0.33	2.00
Debt to equity	2.21	5.32	1.45	0.95	1.38	1.20	0.88	0.82
ROE	57.1%	190.7%	-60.6%	7.6%	84.8%	94.4%	28.3%	103.5%
ROA	17.8%	30.2%	-24.7%	3.9%	35.7%	42.9%	15.1%	56.9%
Interest coverage	73.94	over 100	-5.69	31.70	65.97	-	-	-

Item	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	2	4	4	4
full-time	1	3	3	4
part-time	1	1	1	-
in full-time equivalents	1.2	3.5	3.1	4
Average over the year, in full-time equivalents	2.2	4	2.8	2.8
On a permanent contract	1	3	1	1
Joined	5	5	4	8
Left	7	5	4	6

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€3,988	-	€10,023	€23,387	€103,595
Depreciation and write-downs of the year	€26,847	€29,185	€35,159	€35,257	€25,793

STERNA

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency31.2%

Current ratio1.08

Return on assets17.8%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on STERNA

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