STC Transport: what changed
STC Transport
Largest movements
- Current investments +€140,000
up €140,000, from €0 to €140,000
- Cash -€125,471
down €125,471 (-61.3%), from €204,660 to €79,189
mainly Current investments (-€140,000) and Current portion of long-term debt (-€16,853)
- Tangible fixed assets -€12,036
down €12,036 (-33.4%), from €36,047 to €24,011
of which Furniture and vehicles: -€11,800
- Deferred charges and accrued income -€7,405
down €7,405 (-45.2%), from €16,372 to €8,967
- Intangible fixed assets -€3,513
down €3,513 (-36.4%), from €9,662 to €6,148
- Current portion of long-term debt -€16,853
down €16,853 (-75.9%), from €22,194 to €5,342
- Reserves +€16,695
up €16,695 (+7.4%), from €225,516 to €242,211
- Tax, wage and social debts -€6,717
down €6,717 (-100%), from €6,717 to €0
- Trade debts +€5,892
up €5,892 (+216%), from €2,725 to €8,617
- Debts after one year -€5,342
down €5,342 (-100%), from €5,342 to €0
- Gross operating margin -€41,169
down €41,169 (-48.0%), from €85,828 to €44,659
- Taxes -€8,357
down €8,357 (-44.3%), from €18,866 to €10,510
- Financial charges -€875
down €875 (-45.5%), from €1,924 to €1,049
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,773 | €275,931 | -€6,842 | -2.4% |
| Fixed assets | 21/28 | €46,853 | €30,160 | -€16,694 | -35.6% |
| Intangible fixed assets | 21 | €9,662 | €6,148 | -€3,513 | -36.4% |
| Tangible fixed assets | 22/27 | €36,047 | €24,011 | -€12,036 | -33.4% |
| Land and buildings | 22 | €2,114 | €1,878 | -€236 | -11.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €33,933 | €22,133 | -€11,800 | -34.8% |
| Financial fixed assets | 28 | €1,144 | €0 | -€1,144 | -100% |
| Current assets | 29/58 | €235,920 | €245,772 | +€9,851 | +4.2% |
| Amounts receivable within one year | 40/41 | €14,888 | €17,616 | +€2,728 | +18.3% |
| Trade receivables | 40 | €12,834 | €10,443 | -€2,392 | -18.6% |
| Other amounts receivable | 41 | €2,054 | €7,173 | +€5,119 | +249% |
| Current investments | 50/53 | €0 | €140,000 | +€140,000 | |
| Cash at bank and in hand | 54/58 | €204,660 | €79,189 | -€125,471 | -61.3% |
| Deferred charges and accrued income | 490/1 | €16,372 | €8,967 | -€7,405 | -45.2% |
| Total equity and liabilities | 10/49 | €282,773 | €275,931 | -€6,842 | -2.4% |
| Equity | 10/15 | €244,066 | €260,761 | +€16,695 | +6.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €225,516 | €242,211 | +€16,695 | +7.4% |
| Distributable reserves | 133 | €225,516 | €242,211 | +€16,695 | +7.4% |
| Amounts payable | 17/49 | €38,708 | €15,170 | -€23,537 | -60.8% |
| Amounts payable after more than one year | 17 | €5,342 | €0 | -€5,342 | -100% |
| Financial debts | 170/4 | €5,342 | €0 | -€5,342 | -100% |
| Amounts payable within one year | 42/48 | €33,094 | €15,040 | -€18,055 | -54.6% |
| Current portion of amounts payable after more than one year | 42 | €22,194 | €5,342 | -€16,853 | -75.9% |
| Trade debts | 44 | €2,725 | €8,617 | +€5,892 | +216% |
| Suppliers | 440/4 | €2,725 | €8,617 | +€5,892 | +216% |
| Taxes, remuneration and social security | 45 | €6,717 | €0 | -€6,717 | -100% |
| Taxes | 450/3 | €6,717 | €0 | -€6,717 | -100% |
| Other amounts payable | 47/48 | €1,458 | €1,081 | -€378 | -25.9% |
| Accrued charges and deferred income | 492/3 | €272 | €131 | -€141 | -51.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,818 | €15,549 | -€269 | -1.7% |
| Other operating charges | 640/8 | €1,623 | €1,886 | +€264 | +16.3% |
| Gross operating margin | 9900 | €85,828 | €44,659 | -€41,169 | -48.0% |
| Operating profit (loss) | 9901 | €68,388 | €27,224 | -€41,164 | -60.2% |
| Financial income | 75/76B | €359 | €1,030 | +€671 | +187% |
| Recurring financial income | 75 | €359 | €1,030 | +€671 | +187% |
| Financial charges | 65/66B | €1,924 | €1,049 | -€875 | -45.5% |
| Recurring financial charges | 65 | €1,924 | €1,049 | -€875 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €66,823 | €27,205 | -€39,619 | -59.3% |
| Income taxes | 67/77 | €18,866 | €10,510 | -€8,357 | -44.3% |
| Profit (loss) for the period | 9904 | €47,957 | €16,695 | -€31,262 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,957 | €16,695 | -€31,262 | -65.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.