STC Consulting: 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.
STC Consulting
Largest movements
- Current investments +€104,890
up €104,890 (+32.0%), from €328,244 to €433,134
- Receivables within one year +€21,596
up €21,596 (+97.9%), from €22,066 to €43,662
- Receivables after one year -€20,000
down €20,000 (-20.0%), from €100,000 to €80,000
- Tangible fixed assets -€19,794
down €19,794 (-6.4%), from €309,015 to €289,221
- Cash -€17,333
down €17,333 (-99.0%), from €17,501 to €168
mainly Current investments (-€104,890) and Current portion of long-term debt (-€32,811)
- Reserves +€121,528
up €121,528 (+18.4%), from €659,521 to €781,049
- Current portion of long-term debt -€32,811
down €32,811 (-65.7%), from €49,925 to €17,114
- Debts after one year -€17,114
no longer reported in 2025 (was €17,114)
- Gross operating margin -€5,822
down €5,822 (-2.7%), from €213,727 to €207,905
- Taxes +€3,273
up €3,273 (+5.3%), from €61,755 to €65,028
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 | €777,504 | €846,921 | +€69,417 | +8.9% |
| Fixed assets | 21/28 | €309,015 | €289,221 | -€19,794 | -6.4% |
| Tangible fixed assets | 22/27 | €309,015 | €289,221 | -€19,794 | -6.4% |
| Leasing and similar rights | 25 | €309,015 | €289,221 | -€19,794 | -6.4% |
| Current assets | 29/58 | €468,489 | €557,700 | +€89,210 | +19.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Trade receivables | 290 | €100,000 | €80,000 | -€20,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €22,066 | €43,662 | +€21,596 | +97.9% |
| Trade receivables | 40 | €22,066 | €43,662 | +€21,596 | +97.9% |
| Current investments | 50/53 | €328,244 | €433,134 | +€104,890 | +32.0% |
| Cash at bank and in hand | 54/58 | €17,501 | €168 | -€17,333 | -99.0% |
| Deferred charges and accrued income | 490/1 | €678 | €736 | +€58 | +8.5% |
| Total equity and liabilities | 10/49 | €777,504 | €846,921 | +€69,417 | +8.9% |
| Equity | 10/15 | €672,320 | €793,848 | +€121,528 | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €659,521 | €781,049 | +€121,528 | +18.4% |
| Distributable reserves | 133 | €659,521 | €781,049 | +€121,528 | +18.4% |
| Profit (loss) carried forward | 14 | €399 | €399 | = | 0.0% |
| Amounts payable | 17/49 | €105,184 | €53,073 | -€52,111 | -49.5% |
| Amounts payable after more than one year | 17 | €17,114 | - | -€17,114 | |
| Financial debts | 170/4 | €17,114 | - | -€17,114 | |
| Amounts payable within one year | 42/48 | €88,070 | €53,073 | -€34,997 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €49,925 | €17,114 | -€32,811 | -65.7% |
| Trade debts | 44 | €56 | - | -€56 | |
| Suppliers | 440/4 | €56 | - | -€56 | |
| Taxes, remuneration and social security | 45 | €23,438 | €21,754 | -€1,683 | -7.2% |
| Taxes | 450/3 | €23,438 | €21,754 | -€1,683 | -7.2% |
| Other amounts payable | 47/48 | €14,651 | €14,204 | -€447 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,794 | €19,794 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,229 | €4,251 | +€22 | +0.5% |
| Gross operating margin | 9900 | €213,727 | €207,905 | -€5,822 | -2.7% |
| Operating profit (loss) | 9901 | €189,704 | €183,860 | -€5,844 | -3.1% |
| Financial income | 75/76B | €5,753 | €6,235 | +€482 | +8.4% |
| Recurring financial income | 75 | €5,753 | €6,235 | +€482 | +8.4% |
| Financial charges | 65/66B | €4,013 | €2,707 | -€1,307 | -32.6% |
| Recurring financial charges | 65 | €4,013 | €2,707 | -€1,307 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €191,444 | €187,389 | -€4,055 | -2.1% |
| Income taxes | 67/77 | €61,755 | €65,028 | +€3,273 | +5.3% |
| Profit (loss) for the period | 9904 | €129,689 | €122,361 | -€7,328 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €129,689 | €122,361 | -€7,328 | -5.7% |
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 17 October 2026 via checked.be.