SSTA: 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.
SSTA
Largest movements
- Cash +€119,250
up €119,250 (+26.5%), from €450,807 to €570,057
mainly Other debts (+€425,000) and Net result for the year (+€209,995)
- Receivables within one year +€11,056
up €11,056 (+50.1%), from €22,069 to €33,125
of which Other amounts receivable: +€33,125
- Tangible fixed assets +€10,930
up €10,930 (+493%), from €2,216 to €13,146
- Other debts +€425,000
up €425,000 (+467,033%), from €91 to €425,091
- Profit (loss) carried forward -€290,005
down €290,005 (-76.2%), from €380,652 to €90,647
- Tax, wage and social debts +€6,246
up €6,246 (+6.6%), from €93,968 to €100,214
of which Taxes: +€6,246
- Gross operating margin +€27,649
up €27,649 (+11.6%), from €237,739 to €265,388
- Taxes -€13,619
down €13,619 (-20.6%), from €65,995 to €52,376
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 | €476,292 | €617,528 | +€141,236 | +29.7% |
| Fixed assets | 21/28 | €2,216 | €13,146 | +€10,930 | +493% |
| Tangible fixed assets | 22/27 | €2,216 | €13,146 | +€10,930 | +493% |
| Furniture and vehicles | 24 | €2,216 | €13,146 | +€10,930 | +493% |
| Current assets | 29/58 | €474,076 | €604,382 | +€130,306 | +27.5% |
| Amounts receivable within one year | 40/41 | €22,069 | €33,125 | +€11,056 | +50.1% |
| Trade receivables | 40 | €22,069 | - | -€22,069 | |
| Other amounts receivable | 41 | - | €33,125 | +€33,125 | |
| Cash at bank and in hand | 54/58 | €450,807 | €570,057 | +€119,250 | +26.5% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,200 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €476,292 | €617,528 | +€141,236 | +29.7% |
| Equity | 10/15 | €382,152 | €92,147 | -€290,005 | -75.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €380,652 | €90,647 | -€290,005 | -76.2% |
| Amounts payable | 17/49 | €94,140 | €525,382 | +€431,242 | +458% |
| Amounts payable within one year | 42/48 | €94,140 | €525,382 | +€431,242 | +458% |
| Trade debts | 44 | €81 | €77 | -€4 | -4.6% |
| Suppliers | 440/4 | €81 | €77 | -€4 | -4.6% |
| Taxes, remuneration and social security | 45 | €93,968 | €100,214 | +€6,246 | +6.6% |
| Taxes | 450/3 | €90,568 | €96,814 | +€6,246 | +6.9% |
| Remuneration and social security | 454/9 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 47/48 | €91 | €425,091 | +€425,000 | +467,033% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €475 | €1,336 | +€861 | +181% |
| Other operating charges | 640/8 | €684 | €1,262 | +€578 | +84.4% |
| Gross operating margin | 9900 | €237,739 | €265,388 | +€27,649 | +11.6% |
| Operating profit (loss) | 9901 | €236,580 | €262,791 | +€26,211 | +11.1% |
| Financial charges | 65/66B | €208 | €420 | +€212 | +102% |
| Recurring financial charges | 65 | €208 | €420 | +€212 | +102% |
| Profit (loss) for the period before taxes | 9903 | €236,372 | €262,370 | +€25,998 | +11.0% |
| Income taxes | 67/77 | €65,995 | €52,376 | -€13,619 | -20.6% |
| Profit (loss) for the period | 9904 | €170,377 | €209,995 | +€39,618 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €170,377 | €209,995 | +€39,618 | +23.3% |
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 28 October 2026 via checked.be.