S.T.Y. CONSTRUCT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
S.T.Y. CONSTRUCT
Largest movements
- Cash +€122,895
up €122,895 (+614%), from €20,001 to €142,895
mainly Net result for the year (+€149,252) and Trade debts (+€65,116)
- Tangible fixed assets +€71,263
up €71,263 (+149%), from €47,845 to €119,107
of which Furniture and vehicles: +€71,769
- Receivables within one year +€68,917
up €68,917 (+34.7%), from €198,430 to €267,347
of which Other amounts receivable: +€59,292
- Profit (loss) carried forward +€149,252
up €149,252 (+93.5%), from €159,706 to €308,958
- Trade debts +€65,116
up €65,116 (+102%), from €63,960 to €129,076
- Tax, wage and social debts +€38,706
up €38,706 (+91.0%), from €42,526 to €81,233
of which Taxes: +€36,503
- Other debts +€10,000
up €10,000 (+2,167%), from €462 to €10,462
- Gross operating margin +€118,740
up €118,740 (+68.3%), from €173,829 to €292,569
- Depreciation +€22,267
up €22,267 (+237%), from €9,384 to €31,651
- Staff costs +€16,022
up €16,022 (+45.0%), from €35,614 to €51,636
- Taxes +€14,406
up €14,406 (+33.1%), from €43,510 to €57,917
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,654 | €529,728 | +€263,074 | +98.7% |
| Fixed assets | 21/28 | €47,845 | €119,107 | +€71,263 | +149% |
| Tangible fixed assets | 22/27 | €47,845 | €119,107 | +€71,263 | +149% |
| Plant, machinery and equipment | 23 | €573 | €67 | -€506 | -88.3% |
| Furniture and vehicles | 24 | €47,271 | €119,040 | +€71,769 | +152% |
| Current assets | 29/58 | €218,809 | €410,620 | +€191,811 | +87.7% |
| Amounts receivable within one year | 40/41 | €198,430 | €267,347 | +€68,917 | +34.7% |
| Trade receivables | 40 | €102,547 | €112,172 | +€9,625 | +9.4% |
| Other amounts receivable | 41 | €95,884 | €155,176 | +€59,292 | +61.8% |
| Cash at bank and in hand | 54/58 | €20,001 | €142,895 | +€122,895 | +614% |
| Deferred charges and accrued income | 490/1 | €378 | €378 | = | 0.0% |
| Total equity and liabilities | 10/49 | €266,654 | €529,728 | +€263,074 | +98.7% |
| Equity | 10/15 | €159,706 | €308,958 | +€149,252 | +93.5% |
| Profit (loss) carried forward | 14 | €159,706 | €308,958 | +€149,252 | +93.5% |
| Amounts payable | 17/49 | €106,948 | €220,770 | +€113,822 | +106% |
| Amounts payable within one year | 42/48 | €106,948 | €220,770 | +€113,822 | +106% |
| Trade debts | 44 | €63,960 | €129,076 | +€65,116 | +102% |
| Suppliers | 440/4 | €63,960 | €129,076 | +€65,116 | +102% |
| Taxes, remuneration and social security | 45 | €42,526 | €81,233 | +€38,706 | +91.0% |
| Taxes | 450/3 | €40,057 | €76,560 | +€36,503 | +91.1% |
| Remuneration and social security | 454/9 | €2,470 | €4,673 | +€2,203 | +89.2% |
| Other amounts payable | 47/48 | €462 | €10,462 | +€10,000 | +2,167% |
| Remuneration, social security and pensions | 62 | €35,614 | €51,636 | +€16,022 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,384 | €31,651 | +€22,267 | +237% |
| Other operating charges | 640/8 | €498 | €1,762 | +€1,265 | +254% |
| Gross operating margin | 9900 | €173,829 | €292,569 | +€118,740 | +68.3% |
| Operating profit (loss) | 9901 | €128,333 | €207,520 | +€79,186 | +61.7% |
| Financial charges | 65/66B | €577 | €351 | -€227 | -39.2% |
| Recurring financial charges | 65 | €577 | €351 | -€227 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €127,756 | €207,169 | +€79,413 | +62.2% |
| Income taxes | 67/77 | €43,510 | €57,917 | +€14,406 | +33.1% |
| Profit (loss) for the period | 9904 | €84,246 | €149,252 | +€65,007 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €84,246 | €149,252 | +€65,007 | +77.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.