SRL S.T.I.: 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.
SRL S.T.I.
Largest movements
- Tangible fixed assets +€17,698
up €17,698 (+124%), from €14,323 to €32,020
of which Furniture and vehicles: +€18,998
- Cash -€1,143
down €1,143 (-65.6%), from €1,742 to €598
mainly Investment in fixed assets (net) (-€35,211) and Net result for the year (-€7,711)
- Receivables within one year -€943
down €943 (-5.4%), from €17,445 to €16,502
of which Trade receivables: -€1,757
- Debts after one year +€18,978
up €18,978 (+219%), from €8,661 to €27,639
- Profit (loss) carried forward -€7,711
new in 2025: -€7,711
- Current portion of long-term debt +€3,932
up €3,932 (+111%), from €3,538 to €7,470
- Trade debts +€1,199
up €1,199 (+129%), from €931 to €2,131
- Tax, wage and social debts -€787
down €787 (-6.7%), from €11,762 to €10,975
of which Taxes: -€2,597
- Depreciation +€11,977
up €11,977 (+216%), from €5,536 to €17,514
- Gross operating margin +€8,745
up €8,745 (+17.5%), from €50,018 to €58,763
- Financial charges +€2,490
up €2,490 (+252%), from €987 to €3,477
- Staff costs +€2,217
up €2,217 (+5.3%), from €41,857 to €44,074
- Other operating charges +€1,554
up €1,554 (+779%), from €199 to €1,753
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,509 | €49,121 | +€15,611 | +46.6% |
| Fixed assets | 21/28 | €14,323 | €32,020 | +€17,698 | +124% |
| Tangible fixed assets | 22/27 | €14,323 | €32,020 | +€17,698 | +124% |
| Plant, machinery and equipment | 23 | €4,242 | €2,942 | -€1,300 | -30.6% |
| Furniture and vehicles | 24 | €10,081 | €29,078 | +€18,998 | +188% |
| Current assets | 29/58 | €19,187 | €17,100 | -€2,087 | -10.9% |
| Amounts receivable within one year | 40/41 | €17,445 | €16,502 | -€943 | -5.4% |
| Trade receivables | 40 | €6,000 | €4,244 | -€1,757 | -29.3% |
| Other amounts receivable | 41 | €11,445 | €12,259 | +€813 | +7.1% |
| Cash at bank and in hand | 54/58 | €1,742 | €598 | -€1,143 | -65.6% |
| Total equity and liabilities | 10/49 | €33,509 | €49,121 | +€15,611 | +46.6% |
| Equity | 10/15 | €8,617 | €906 | -€7,711 | -89.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €8,616 | €8,616 | = | 0.0% |
| Distributable reserves | 133 | €8,616 | €8,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,711 | -€7,711 | |
| Amounts payable | 17/49 | €24,892 | €48,215 | +€23,323 | +93.7% |
| Amounts payable after more than one year | 17 | €8,661 | €27,639 | +€18,978 | +219% |
| Financial debts | 170/4 | €8,661 | €27,639 | +€18,978 | +219% |
| Amounts payable within one year | 42/48 | €16,231 | €20,576 | +€4,345 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €3,538 | €7,470 | +€3,932 | +111% |
| Trade debts | 44 | €931 | €2,131 | +€1,199 | +129% |
| Suppliers | 440/4 | €931 | €2,131 | +€1,199 | +129% |
| Taxes, remuneration and social security | 45 | €11,762 | €10,975 | -€787 | -6.7% |
| Taxes | 450/3 | €4,582 | €1,984 | -€2,597 | -56.7% |
| Remuneration and social security | 454/9 | €7,180 | €8,991 | +€1,811 | +25.2% |
| Remuneration, social security and pensions | 62 | €41,857 | €44,074 | +€2,217 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,536 | €17,514 | +€11,977 | +216% |
| Other operating charges | 640/8 | €199 | €1,753 | +€1,554 | +779% |
| Gross operating margin | 9900 | €50,018 | €58,763 | +€8,745 | +17.5% |
| Operating profit (loss) | 9901 | €2,426 | -€4,578 | -€7,003 | |
| Financial income | 75/76B | €495 | €477 | -€19 | -3.8% |
| Recurring financial income | 75 | €495 | €477 | -€19 | -3.8% |
| Financial charges | 65/66B | €987 | €3,477 | +€2,490 | +252% |
| Recurring financial charges | 65 | €987 | €3,477 | +€2,490 | +252% |
| Profit (loss) for the period before taxes | 9903 | €1,934 | -€7,578 | -€9,512 | |
| Income taxes | 67/77 | €1,175 | €133 | -€1,042 | -88.7% |
| Profit (loss) for the period | 9904 | €759 | -€7,711 | -€8,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €759 | -€7,711 | -€8,471 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.