STC SOARES: 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 SOARES
Largest movements
- Cash +€30,990
up €30,990 (+71.6%), from €43,285 to €74,276
mainly Net result for the year (+€34,057) and Tax, wage and social debts (+€12,373)
- Tangible fixed assets +€11,757
up €11,757 (+1,007%), from €1,167 to €12,924
- Profit (loss) carried forward +€34,057
up €34,057 (+83.2%), from €40,920 to €74,977
- Tax, wage and social debts +€12,373
up €12,373 (+103%), from €11,978 to €24,351
of which Taxes: +€12,616
- Other debts -€3,446
down €3,446 (-16.2%), from €21,291 to €17,845
- Staff costs -€28,463
down €28,463 (-74.4%), from €38,239 to €9,776
- Taxes +€12,258
up €12,258 (+387%), from €3,169 to €15,427
- Other operating charges -€10,920
down €10,920 (-84.5%), from €12,920 to €2,000
- Depreciation +€3,778
up €3,778 (+411%), from €919 to €4,697
- Gross operating margin +€689
up €689 (+1.0%), from €65,925 to €66,614
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 | €97,255 | €140,239 | +€42,984 | +44.2% |
| Fixed assets | 21/28 | €1,947 | €13,704 | +€11,757 | +604% |
| Tangible fixed assets | 22/27 | €1,167 | €12,924 | +€11,757 | +1,007% |
| Furniture and vehicles | 24 | €1,167 | €12,924 | +€11,757 | +1,007% |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €95,308 | €126,535 | +€31,227 | +32.8% |
| Amounts receivable within one year | 40/41 | €52,023 | €52,260 | +€237 | +0.5% |
| Trade receivables | 40 | €49,208 | €48,542 | -€667 | -1.4% |
| Other amounts receivable | 41 | €2,814 | €3,718 | +€904 | +32.1% |
| Cash at bank and in hand | 54/58 | €43,285 | €74,276 | +€30,990 | +71.6% |
| Total equity and liabilities | 10/49 | €97,255 | €140,239 | +€42,984 | +44.2% |
| Equity | 10/15 | €48,980 | €83,037 | +€34,057 | +69.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,920 | €74,977 | +€34,057 | +83.2% |
| Amounts payable | 17/49 | €48,274 | €57,202 | +€8,927 | +18.5% |
| Amounts payable within one year | 42/48 | €48,274 | €57,202 | +€8,927 | +18.5% |
| Trade debts | 44 | €15,006 | €15,006 | = | 0.0% |
| Suppliers | 440/4 | €15,006 | €15,006 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,978 | €24,351 | +€12,373 | +103% |
| Taxes | 450/3 | €9,052 | €21,668 | +€12,616 | +139% |
| Remuneration and social security | 454/9 | €2,926 | €2,683 | -€243 | -8.3% |
| Other amounts payable | 47/48 | €21,291 | €17,845 | -€3,446 | -16.2% |
| Remuneration, social security and pensions | 62 | €38,239 | €9,776 | -€28,463 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919 | €4,697 | +€3,778 | +411% |
| Other operating charges | 640/8 | €12,920 | €2,000 | -€10,920 | -84.5% |
| Gross operating margin | 9900 | €65,925 | €66,614 | +€689 | +1.0% |
| Operating profit (loss) | 9901 | €13,846 | €50,141 | +€36,295 | +262% |
| Financial income | 75/76B | €0 | €11 | +€11 | +57,050% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +57,050% |
| Financial charges | 65/66B | €225 | €668 | +€443 | +196% |
| Recurring financial charges | 65 | €225 | €668 | +€443 | +196% |
| Profit (loss) for the period before taxes | 9903 | €13,620 | €49,484 | +€35,864 | +263% |
| Income taxes | 67/77 | €3,169 | €15,427 | +€12,258 | +387% |
| Profit (loss) for the period | 9904 | €10,452 | €34,057 | +€23,605 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €10,452 | €34,057 | +€23,605 | +226% |
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 27 October 2026 via checked.be.