STB Consultancy: what changed
Two fiscal 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 Consultancy
Largest movements
- Cash +€18,260
up €18,260 (+70.0%), from €26,077 to €44,337
mainly Net result for the year (+€19,263) and Depreciation (+€14,214)
- Tangible fixed assets -€13,058
down €13,058 (-23.3%), from €55,966 to €42,908
of which Furniture and vehicles: -€11,754
- Deferred charges and accrued income -€2,508
no longer reported in 2025 (was €2,508)
- Receivables within one year +€1,141
up €1,141 (+11.6%), from €9,825 to €10,966
- Reserves +€19,263
up €19,263 (+50.9%), from €37,844 to €57,107
- Debts after one year -€11,717
down €11,717 (-35.2%), from €33,321 to €21,605
- Tax, wage and social debts -€3,499
down €3,499 (-60.5%), from €5,781 to €2,282
- Taxes -€10,777
no longer reported in 2025 (was €10,777)
- Gross operating margin +€3,715
up €3,715 (+11.8%), from €31,608 to €35,323
- Depreciation +€728
up €728 (+5.4%), from €13,486 to €14,214
- Financial charges -€439
down €439 (-21.8%), from €2,010 to €1,572
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.
Cash bridge derived
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 | €94,376 | €98,211 | +€3,835 | +4.1% |
| Fixed assets | 21/28 | €55,966 | €42,908 | -€13,058 | -23.3% |
| Tangible fixed assets | 22/27 | €55,966 | €42,908 | -€13,058 | -23.3% |
| Land and buildings | 22 | €2,356 | €1,713 | -€642 | -27.3% |
| Plant, machinery and equipment | 23 | €3,308 | €2,647 | -€662 | -20.0% |
| Furniture and vehicles | 24 | €50,302 | €38,548 | -€11,754 | -23.4% |
| Current assets | 29/58 | €38,410 | €55,303 | +€16,893 | +44.0% |
| Amounts receivable within one year | 40/41 | €9,825 | €10,966 | +€1,141 | +11.6% |
| Trade receivables | 40 | €9,825 | €10,966 | +€1,141 | +11.6% |
| Cash at bank and in hand | 54/58 | €26,077 | €44,337 | +€18,260 | +70.0% |
| Deferred charges and accrued income | 490/1 | €2,508 | - | -€2,508 | |
| Total equity and liabilities | 10/49 | €94,376 | €98,211 | +€3,835 | +4.1% |
| Equity | 10/15 | €40,344 | €59,607 | +€19,263 | +47.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €37,844 | €57,107 | +€19,263 | +50.9% |
| Distributable reserves | 133 | €37,844 | €57,107 | +€19,263 | +50.9% |
| Amounts payable | 17/49 | €54,032 | €38,604 | -€15,428 | -28.6% |
| Amounts payable after more than one year | 17 | €33,321 | €21,605 | -€11,717 | -35.2% |
| Financial debts | 170/4 | €33,321 | €21,605 | -€11,717 | -35.2% |
| Amounts payable within one year | 42/48 | €20,711 | €16,999 | -€3,712 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €11,280 | €11,717 | +€436 | +3.9% |
| Trade debts | 44 | €1,224 | €739 | -€485 | -39.6% |
| Suppliers | 440/4 | €1,224 | €739 | -€485 | -39.6% |
| Taxes, remuneration and social security | 45 | €5,781 | €2,282 | -€3,499 | -60.5% |
| Taxes | 450/3 | €5,781 | €2,282 | -€3,499 | -60.5% |
| Other amounts payable | 47/48 | €2,425 | €2,261 | -€164 | -6.8% |
| Non-recurring operating income | 76A | €26 | - | -€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,486 | €14,214 | +€728 | +5.4% |
| Other operating charges | 640/8 | €460 | €275 | -€185 | -40.3% |
| Gross operating margin | 9900 | €31,608 | €35,323 | +€3,715 | +11.8% |
| Operating profit (loss) | 9901 | €17,662 | €20,834 | +€3,172 | +18.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,010 | €1,572 | -€439 | -21.8% |
| Recurring financial charges | 65 | €2,010 | €1,572 | -€439 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €15,652 | €19,263 | +€3,611 | +23.1% |
| Income taxes | 67/77 | €10,777 | - | -€10,777 | |
| Profit (loss) for the period | 9904 | €4,874 | €19,263 | +€14,388 | +295.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,874 | €19,263 | +€14,388 | +295.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.