ST EQUI IMMO: 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.
ST EQUI IMMO
Largest movements
- Cash +€197,344
up €197,344 (+96.5%), from €204,510 to €401,854
mainly Other debts (+€200,000) and Depreciation (+€51,332)
- Tangible fixed assets -€51,332
down €51,332 (-7.2%), from €714,756 to €663,425
- Other debts +€200,000
up €200,000 (+70.5%), from €283,695 to €483,695
- Debts after one year -€48,145
down €48,145 (-6.8%), from €709,037 to €660,892
- Other operating charges +€2,037
up €2,037 (+323%), from €631 to €2,669
- Financial charges -€956
down €956 (-5.6%), from €17,207 to €16,251
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 | €919,266 | €1,067,977 | +€148,711 | +16.2% |
| Fixed assets | 21/28 | €714,756 | €666,124 | -€48,633 | -6.8% |
| Tangible fixed assets | 22/27 | €714,756 | €663,425 | -€51,332 | -7.2% |
| Land and buildings | 22 | €714,756 | €663,425 | -€51,332 | -7.2% |
| Financial fixed assets | 28 | - | €2,699 | +€2,699 | |
| Current assets | 29/58 | €204,510 | €401,854 | +€197,344 | +96.5% |
| Cash at bank and in hand | 54/58 | €204,510 | €401,854 | +€197,344 | +96.5% |
| Total equity and liabilities | 10/49 | €919,266 | €1,067,977 | +€148,711 | +16.2% |
| Equity | 10/15 | -€124,468 | -€128,720 | -€4,251 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,068 | -€147,320 | -€4,251 | -3.0% |
| Amounts payable | 17/49 | €1,043,735 | €1,196,697 | +€152,963 | +14.7% |
| Amounts payable after more than one year | 17 | €709,037 | €660,892 | -€48,145 | -6.8% |
| Financial debts | 170/4 | €709,037 | €660,892 | -€48,145 | -6.8% |
| Amounts payable within one year | 42/48 | €334,698 | €535,805 | +€201,107 | +60.1% |
| Current portion of amounts payable after more than one year | 42 | €51,003 | €52,111 | +€1,107 | +2.2% |
| Other amounts payable | 47/48 | €283,695 | €483,695 | +€200,000 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,332 | €51,332 | = | 0.0% |
| Other operating charges | 640/8 | €631 | €2,669 | +€2,037 | +323% |
| Gross operating margin | 9900 | €66,000 | €66,000 | = | 0.0% |
| Operating profit (loss) | 9901 | €14,037 | €12,000 | -€2,037 | -14.5% |
| Financial charges | 65/66B | €17,207 | €16,251 | -€956 | -5.6% |
| Recurring financial charges | 65 | €17,207 | €16,251 | -€956 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,170 | -€4,251 | -€1,082 | -34.1% |
| Profit (loss) for the period | 9904 | -€3,170 | -€4,251 | -€1,082 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,170 | -€4,251 | -€1,082 | -34.1% |
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 19 October 2026 via checked.be.