S.S.T. TRANS: what changed
S.S.T. TRANS
Largest movements
- Receivables within one year -€11,346
down €11,346 (-39.0%), from €29,089 to €17,742
of which Trade receivables: -€17,426
- Tangible fixed assets -€10,332
down €10,332 (-71.0%), from €14,553 to €4,221
- Cash +€10,213
up €10,213 (+1,621%), from €630 to €10,843
mainly Receivables within one year (+€11,346) and Depreciation (+€10,332)
- Deferred charges and accrued income -€1,035
no longer reported in 2025 (was €1,035)
- Debts after one year -€5,469
down €5,469 (-37.3%), from €14,662 to €9,192
- Trade debts -€3,801
down €3,801 (-89.9%), from €4,228 to €427
- Tax, wage and social debts -€2,938
down €2,938 (-34.0%), from €8,645 to €5,707
- Profit (loss) carried forward -€766
down €766 (-4.5%), from €16,912 to €16,146
- Depreciation -€1,849
down €1,849 (-15.2%), from €12,182 to €10,332
- Other operating charges +€1,347
up €1,347 (+16.2%), from €8,313 to €9,660
- Financial charges -€1,236
down €1,236 (-40.0%), from €3,090 to €1,854
- Gross operating margin -€1,018
down €1,018 (-4.3%), from €23,486 to €22,468
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,442 | €41,942 | -€12,501 | -23.0% |
| Fixed assets | 21/28 | €23,688 | €13,356 | -€10,332 | -43.6% |
| Tangible fixed assets | 22/27 | €14,553 | €4,221 | -€10,332 | -71.0% |
| Furniture and vehicles | 24 | €14,553 | €4,221 | -€10,332 | -71.0% |
| Financial fixed assets | 28 | €9,135 | €9,135 | = | 0.0% |
| Current assets | 29/58 | €30,754 | €28,586 | -€2,168 | -7.1% |
| Amounts receivable within one year | 40/41 | €29,089 | €17,742 | -€11,346 | -39.0% |
| Trade receivables | 40 | €17,426 | - | -€17,426 | |
| Other amounts receivable | 41 | €11,663 | €17,742 | +€6,079 | +52.1% |
| Cash at bank and in hand | 54/58 | €630 | €10,843 | +€10,213 | +1,621% |
| Deferred charges and accrued income | 490/1 | €1,035 | - | -€1,035 | |
| Total equity and liabilities | 10/49 | €54,442 | €41,942 | -€12,501 | -23.0% |
| Equity | 10/15 | €21,912 | €21,146 | -€766 | -3.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,912 | €16,146 | -€766 | -4.5% |
| Amounts payable | 17/49 | €32,531 | €20,796 | -€11,735 | -36.1% |
| Amounts payable after more than one year | 17 | €14,662 | €9,192 | -€5,469 | -37.3% |
| Financial debts | 170/4 | €14,662 | €9,192 | -€5,469 | -37.3% |
| Amounts payable within one year | 42/48 | €17,869 | €11,604 | -€6,265 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €4,995 | €5,469 | +€474 | +9.5% |
| Trade debts | 44 | €4,228 | €427 | -€3,801 | -89.9% |
| Suppliers | 440/4 | €4,228 | €427 | -€3,801 | -89.9% |
| Taxes, remuneration and social security | 45 | €8,645 | €5,707 | -€2,938 | -34.0% |
| Taxes | 450/3 | €8,645 | €5,707 | -€2,938 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,182 | €10,332 | -€1,849 | -15.2% |
| Other operating charges | 640/8 | €8,313 | €9,660 | +€1,347 | +16.2% |
| Gross operating margin | 9900 | €23,486 | €22,468 | -€1,018 | -4.3% |
| Operating profit (loss) | 9901 | €2,991 | €2,476 | -€516 | -17.2% |
| Financial income | 75/76B | €582 | €797 | +€215 | +36.9% |
| Recurring financial income | 75 | €582 | €797 | +€215 | +36.9% |
| Financial charges | 65/66B | €3,090 | €1,854 | -€1,236 | -40.0% |
| Recurring financial charges | 65 | €3,090 | €1,854 | -€1,236 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €484 | €1,418 | +€935 | +193% |
| Income taxes | 67/77 | €2,409 | €2,184 | -€225 | -9.3% |
| Profit (loss) for the period | 9904 | -€1,925 | -€766 | +€1,159 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,925 | -€766 | +€1,159 | +60.2% |
Next steps
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 3 November 2026 via checked.be.