STC REPAIR: 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 REPAIR
Largest movements
- Receivables within one year +€60,649
up €60,649 (+149%), from €40,811 to €101,460
of which Other amounts receivable: +€69,844
- Tangible fixed assets +€11,431
up €11,431 (+456%), from €2,509 to €13,940
- Cash -€5,941
down €5,941 (-27.3%), from €21,778 to €15,837
mainly Receivables within one year (-€60,649) and Investment in fixed assets (net) (-€15,652)
- Profit (loss) carried forward +€51,333
up €51,333 (+143%), from €35,944 to €87,277
- Tax, wage and social debts +€16,270
up €16,270 (+142%), from €11,441 to €27,711
of which Taxes: +€16,530
- Trade debts -€1,464
down €1,464 (-11.1%), from €13,183 to €11,719
- Gross operating margin +€84,532
up €84,532 (+146%), from €58,065 to €142,597
- Staff costs +€61,710
up €61,710 (+501%), from €12,327 to €74,037
- Taxes +€6,989
up €6,989 (+73.2%), from €9,552 to €16,541
- Depreciation +€3,720
up €3,720 (+743%), from €501 to €4,220
- Financial income +€2,962
up €2,962 (+412%), from €719 to €3,681
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,568 | €136,707 | +€66,139 | +93.7% |
| Fixed assets | 21/28 | €7,979 | €19,410 | +€11,431 | +143% |
| Tangible fixed assets | 22/27 | €2,509 | €13,940 | +€11,431 | +456% |
| Furniture and vehicles | 24 | €2,509 | €13,940 | +€11,431 | +456% |
| Financial fixed assets | 28 | €5,470 | €5,470 | = | 0.0% |
| Current assets | 29/58 | €62,589 | €117,297 | +€54,708 | +87.4% |
| Amounts receivable within one year | 40/41 | €40,811 | €101,460 | +€60,649 | +149% |
| Trade receivables | 40 | €12,288 | €3,093 | -€9,195 | -74.8% |
| Other amounts receivable | 41 | €28,523 | €98,367 | +€69,844 | +245% |
| Cash at bank and in hand | 54/58 | €21,778 | €15,837 | -€5,941 | -27.3% |
| Total equity and liabilities | 10/49 | €70,568 | €136,707 | +€66,139 | +93.7% |
| Equity | 10/15 | €45,944 | €97,277 | +€51,333 | +112% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,944 | €87,277 | +€51,333 | +143% |
| Amounts payable | 17/49 | €24,625 | €39,430 | +€14,806 | +60.1% |
| Amounts payable within one year | 42/48 | €24,625 | €39,430 | +€14,806 | +60.1% |
| Trade debts | 44 | €13,183 | €11,719 | -€1,464 | -11.1% |
| Suppliers | 440/4 | €13,183 | €11,719 | -€1,464 | -11.1% |
| Taxes, remuneration and social security | 45 | €11,441 | €27,711 | +€16,270 | +142% |
| Taxes | 450/3 | €9,552 | €26,082 | +€16,530 | +173% |
| Remuneration and social security | 454/9 | €1,890 | €1,629 | -€260 | -13.8% |
| Remuneration, social security and pensions | 62 | €12,327 | €74,037 | +€61,710 | +501% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €4,220 | +€3,720 | +743% |
| Other operating charges | 640/8 | €410 | €63 | -€346 | -84.6% |
| Gross operating margin | 9900 | €58,065 | €142,597 | +€84,532 | +146% |
| Operating profit (loss) | 9901 | €44,827 | €64,276 | +€19,449 | +43.4% |
| Financial income | 75/76B | €719 | €3,681 | +€2,962 | +412% |
| Recurring financial income | 75 | €719 | €3,681 | +€2,962 | +412% |
| Financial charges | 65/66B | €51 | €84 | +€33 | +63.8% |
| Recurring financial charges | 65 | €51 | €84 | +€33 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | €45,495 | €67,874 | +€22,378 | +49.2% |
| Income taxes | 67/77 | €9,552 | €16,541 | +€6,989 | +73.2% |
| Profit (loss) for the period | 9904 | €35,944 | €51,333 | +€15,389 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,944 | €51,333 | +€15,389 | +42.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.