St. Ar. Tech. MANAGEMENT GROUP: what changed
St. Ar. Tech. MANAGEMENT GROUP
Largest movements
- Cash +€6,473
up €6,473 (+8,108%), from €80 to €6,552
mainly Net result for the year (+€4,164) and Other debts (+€1,801)
- Receivables within one year +€372
up €372 (+215%), from €173 to €545
of which Trade receivables: +€545
- Profit (loss) carried forward +€4,164
up €4,164 (+92.2%), from -€4,518 to -€355
- Other debts +€1,801
up €1,801 (+234%), from €771 to €2,572
- Tax, wage and social debts +€577
new in 2025: €577
- Trade debts +€303
new in 2025: €303
- Gross operating margin +€8,708
up €8,708, from -€4,502 to €4,206
- Turnover +€6,475
up €6,475 (+648%), from €1,000 to €7,475
- Purchases and services -€2,233
down €2,233 (-40.6%), from €5,502 to €3,269
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 | €253 | €7,097 | +€6,844 | +2,708% |
| Current assets | 29/58 | €253 | €7,097 | +€6,844 | +2,708% |
| Amounts receivable within one year | 40/41 | €173 | €545 | +€372 | +215% |
| Trade receivables | 40 | - | €545 | +€545 | |
| Other amounts receivable | 41 | €173 | - | -€173 | |
| Cash at bank and in hand | 54/58 | €80 | €6,552 | +€6,473 | +8,108% |
| Total equity and liabilities | 10/49 | €253 | €7,097 | +€6,844 | +2,708% |
| Equity | 10/15 | -€518 | €3,645 | +€4,164 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,518 | -€355 | +€4,164 | +92.2% |
| Amounts payable | 17/49 | €771 | €3,452 | +€2,681 | +348% |
| Amounts payable within one year | 42/48 | €771 | €3,452 | +€2,681 | +348% |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | - | €577 | +€577 | |
| Taxes | 450/3 | - | €577 | +€577 | |
| Other amounts payable | 47/48 | €771 | €2,572 | +€1,801 | +234% |
| Turnover | 70 | €1,000 | €7,475 | +€6,475 | +648% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,502 | €3,269 | -€2,233 | -40.6% |
| Gross operating margin | 9900 | -€4,502 | €4,206 | +€8,708 | |
| Operating profit (loss) | 9901 | -€4,502 | €4,206 | +€8,708 | |
| Financial charges | 65/66B | €16 | €42 | +€27 | +167% |
| Recurring financial charges | 65 | €16 | €42 | +€27 | +167% |
| Profit (loss) for the period before taxes | 9903 | -€4,518 | €4,164 | +€8,682 | |
| Profit (loss) for the period | 9904 | -€4,518 | €4,164 | +€8,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,518 | €4,164 | +€8,682 |
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 2 November 2026 via checked.be.