S.T.C. CONSULT: what changed
S.T.C. CONSULT
Largest movements
- Tangible fixed assets +€625,568
up €625,568 (+488%), from €128,095 to €753,663
of which Land and buildings: +€634,515
- Stocks and contracts -€175,381
down €175,381 (-33.4%), from €525,667 to €350,286
- Cash +€134,158
up €134,158 (+52.6%), from €255,224 to €389,382
mainly Other debts (+€254,856) and Debts after one year (+€217,510)
- Receivables within one year -€19,143
down €19,143 (-13.1%), from €145,708 to €126,566
of which Trade receivables: -€143,807
- Other debts +€254,856
up €254,856 (+484%), from €52,653 to €307,508
- Debts after one year +€217,510
up €217,510 (+130%), from €167,208 to €384,718
- Trade debts +€109,570
up €109,570 (+519%), from €21,099 to €130,669
- Tax, wage and social debts -€27,821
down €27,821 (-46.6%), from €59,643 to €31,822
- Short-term financial debts +€18,485
up €18,485 (+46.2%), from €40,000 to €58,485
- Gross operating margin -€200,259
down €200,259 (-43.9%), from €456,486 to €256,227
- Taxes -€84,434
down €84,434 (-80.6%), from €104,769 to €20,335
- Depreciation +€52,715
up €52,715 (+348%), from €15,170 to €67,884
- Financial charges +€21,021
up €21,021 (+24.7%), from €85,001 to €106,022
- Other operating charges -€20,224
down €20,224 (-64.1%), from €31,551 to €11,327
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 | €1,054,694 | €1,622,396 | +€567,702 | +53.8% |
| Fixed assets | 21/28 | €128,095 | €756,163 | +€628,068 | +490% |
| Tangible fixed assets | 22/27 | €128,095 | €753,663 | +€625,568 | +488% |
| Land and buildings | 22 | €100,084 | €734,599 | +€634,515 | +634% |
| Plant, machinery and equipment | 23 | €18,954 | €13,459 | -€5,496 | -29.0% |
| Furniture and vehicles | 24 | €9,057 | €5,606 | -€3,452 | -38.1% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €926,599 | €866,233 | -€60,366 | -6.5% |
| Stocks and contracts in progress | 3 | €525,667 | €350,286 | -€175,381 | -33.4% |
| Stocks | 30/36 | €525,667 | €350,286 | -€175,381 | -33.4% |
| Amounts receivable within one year | 40/41 | €145,708 | €126,566 | -€19,143 | -13.1% |
| Trade receivables | 40 | €144,755 | €948 | -€143,807 | -99.3% |
| Other amounts receivable | 41 | €953 | €125,618 | +€124,665 | +13,079% |
| Cash at bank and in hand | 54/58 | €255,224 | €389,382 | +€134,158 | +52.6% |
| Total equity and liabilities | 10/49 | €1,054,694 | €1,622,396 | +€567,702 | +53.8% |
| Equity | 10/15 | €704,571 | €699,370 | -€5,201 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €683,258 | €677,998 | -€5,260 | -0.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €683,258 | €677,998 | -€5,260 | -0.8% |
| Profit (loss) carried forward | 14 | €2,713 | €2,772 | +€59 | +2.2% |
| Amounts payable | 17/49 | €350,124 | €923,027 | +€572,903 | +164% |
| Amounts payable after more than one year | 17 | €167,208 | €384,718 | +€217,510 | +130% |
| Financial debts | 170/4 | €167,208 | €384,718 | +€217,510 | +130% |
| Amounts payable within one year | 42/48 | €182,915 | €538,158 | +€355,243 | +194% |
| Current portion of amounts payable after more than one year | 42 | €9,521 | €9,674 | +€153 | +1.6% |
| Financial debts | 43 | €40,000 | €58,485 | +€18,485 | +46.2% |
| Credit institutions | 430/8 | €40,000 | €58,485 | +€18,485 | +46.2% |
| Trade debts | 44 | €21,099 | €130,669 | +€109,570 | +519% |
| Suppliers | 440/4 | €21,099 | €130,669 | +€109,570 | +519% |
| Taxes, remuneration and social security | 45 | €59,643 | €31,822 | -€27,821 | -46.6% |
| Taxes | 450/3 | €59,643 | €31,822 | -€27,821 | -46.6% |
| Other amounts payable | 47/48 | €52,653 | €307,508 | +€254,856 | +484% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,170 | €67,884 | +€52,715 | +348% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,837 | €0 | +€8,837 | |
| Other operating charges | 640/8 | €31,551 | €11,327 | -€20,224 | -64.1% |
| Gross operating margin | 9900 | €456,486 | €256,227 | -€200,259 | -43.9% |
| Operating profit (loss) | 9901 | €418,602 | €177,016 | -€241,587 | -57.7% |
| Financial income | 75/76B | €7,706 | €0 | -€7,706 | -100% |
| Recurring financial income | 75 | €7,706 | €0 | -€7,706 | -100% |
| Non-recurring financial income | 76B | €7,706 | €0 | -€7,706 | -100% |
| Financial charges | 65/66B | €85,001 | €106,022 | +€21,021 | +24.7% |
| Recurring financial charges | 65 | €85,001 | €106,022 | +€21,021 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €341,307 | €70,994 | -€270,313 | -79.2% |
| Income taxes | 67/77 | €104,769 | €20,335 | -€84,434 | -80.6% |
| Profit (loss) for the period | 9904 | €236,538 | €50,659 | -€185,879 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €236,538 | €50,659 | -€185,879 | -78.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.