STB Consult: 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.
STB Consult
Largest movements
- Current investments +€38,349
up €38,349 (+16.3%), from €235,676 to €274,026
- Cash -€13,769
down €13,769 (-51.9%), from €26,540 to €12,771
mainly Current investments (-€38,349) and Other debts (-€14,937)
- Tangible fixed assets -€13,264
down €13,264 (-33.1%), from €40,036 to €26,773
of which Furniture and vehicles: -€11,802
- Receivables within one year +€12,173
up €12,173 (+62.4%), from €19,513 to €31,687
of which Trade receivables: +€15,272
- Profit (loss) carried forward +€39,132
up €39,132 (+15.2%), from €257,663 to €296,795
- Other debts -€14,937
down €14,937 (-45.2%), from €33,017 to €18,080
- Tax, wage and social debts -€4,066
down €4,066 (-32.5%), from €12,526 to €8,461
of which Taxes: -€4,066
- Gross operating margin -€12,715
down €12,715 (-17.3%), from €73,642 to €60,927
- Taxes -€2,308
down €2,308 (-19.3%), from €11,940 to €9,632
- Financial income -€801
down €801 (-14.3%), from €5,581 to €4,780
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 | €325,059 | €345,256 | +€20,197 | +6.2% |
| Fixed assets | 21/28 | €40,036 | €26,773 | -€13,264 | -33.1% |
| Tangible fixed assets | 22/27 | €40,036 | €26,773 | -€13,264 | -33.1% |
| Land and buildings | 22 | €4,401 | €3,485 | -€916 | -20.8% |
| Plant, machinery and equipment | 23 | €1,602 | €1,056 | -€546 | -34.1% |
| Furniture and vehicles | 24 | €34,033 | €22,231 | -€11,802 | -34.7% |
| Current assets | 29/58 | €285,022 | €318,483 | +€33,461 | +11.7% |
| Amounts receivable after more than one year | 29 | €3,293 | - | -€3,293 | |
| Other amounts receivable | 291 | €3,293 | - | -€3,293 | |
| Amounts receivable within one year | 40/41 | €19,513 | €31,687 | +€12,173 | +62.4% |
| Trade receivables | 40 | €11,047 | €26,319 | +€15,272 | +138% |
| Other amounts receivable | 41 | €8,466 | €5,368 | -€3,098 | -36.6% |
| Current investments | 50/53 | €235,676 | €274,026 | +€38,349 | +16.3% |
| Cash at bank and in hand | 54/58 | €26,540 | €12,771 | -€13,769 | -51.9% |
| Total equity and liabilities | 10/49 | €325,059 | €345,256 | +€20,197 | +6.2% |
| Equity | 10/15 | €278,123 | €317,255 | +€39,132 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,663 | €296,795 | +€39,132 | +15.2% |
| Amounts payable | 17/49 | €46,936 | €28,001 | -€18,935 | -40.3% |
| Amounts payable within one year | 42/48 | €46,936 | €28,001 | -€18,935 | -40.3% |
| Trade debts | 44 | €1,393 | €1,460 | +€67 | +4.8% |
| Suppliers | 440/4 | €1,393 | €1,460 | +€67 | +4.8% |
| Taxes, remuneration and social security | 45 | €12,526 | €8,461 | -€4,066 | -32.5% |
| Taxes | 450/3 | €10,526 | €6,461 | -€4,066 | -38.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €33,017 | €18,080 | -€14,937 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,269 | €13,264 | -€5 | 0.0% |
| Other operating charges | 640/8 | €1,654 | €2,186 | +€532 | +32.1% |
| Gross operating margin | 9900 | €73,642 | €60,927 | -€12,715 | -17.3% |
| Operating profit (loss) | 9901 | €58,719 | €45,477 | -€13,242 | -22.6% |
| Financial income | 75/76B | €5,581 | €4,780 | -€801 | -14.3% |
| Recurring financial income | 75 | €5,581 | €4,780 | -€801 | -14.3% |
| Financial charges | 65/66B | €1,071 | €1,493 | +€421 | +39.3% |
| Recurring financial charges | 65 | €1,071 | €1,493 | +€421 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €63,228 | €48,765 | -€14,464 | -22.9% |
| Income taxes | 67/77 | €11,940 | €9,632 | -€2,308 | -19.3% |
| Profit (loss) for the period | 9904 | €51,288 | €39,132 | -€12,156 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,288 | €39,132 | -€12,156 | -23.7% |
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 27 October 2026 via checked.be.