STCL: 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.
STCL
Largest movements
- Receivables within one year +€145,348
up €145,348 (+49.2%), from €295,167 to €440,515
of which Other amounts receivable: +€280,826
- Cash +€23,839
up €23,839 (+31.1%), from €76,632 to €100,471
mainly Net result for the year (+€197,956) and Trade debts (+€94,445)
- Financial fixed assets +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€197,956
up €197,956, from -€65,829 to €132,127
- Other debts -€190,774
down €190,774 (-68.9%), from €277,009 to €86,235
- Trade debts +€94,445
up €94,445 (+160%), from €59,166 to €153,611
- Tax, wage and social debts +€76,406
up €76,406 (+203%), from €37,571 to €113,977
of which Remuneration and social security: +€38,937
- Gross operating margin +€537,884
up €537,884 (+916%), from €58,723 to €596,607
- Staff costs +€233,535
up €233,535 (+221%), from €105,843 to €339,378
- Taxes +€49,894
new in 2025: €49,894
- Financial charges -€10,168
down €10,168 (-80.7%), from €12,602 to €2,434
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 | €387,917 | €565,950 | +€178,033 | +45.9% |
| Fixed assets | 21/28 | €16,118 | €24,843 | +€8,725 | +54.1% |
| Intangible fixed assets | 21 | €5,385 | €6,726 | +€1,341 | +24.9% |
| Tangible fixed assets | 22/27 | €10,733 | €8,117 | -€2,616 | -24.4% |
| Furniture and vehicles | 24 | €10,733 | €8,117 | -€2,616 | -24.4% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €371,799 | €541,107 | +€169,309 | +45.5% |
| Amounts receivable within one year | 40/41 | €295,167 | €440,515 | +€145,348 | +49.2% |
| Trade receivables | 40 | €181,597 | €46,119 | -€135,478 | -74.6% |
| Other amounts receivable | 41 | €113,570 | €394,396 | +€280,826 | +247% |
| Cash at bank and in hand | 54/58 | €76,632 | €100,471 | +€23,839 | +31.1% |
| Deferred charges and accrued income | 490/1 | - | €122 | +€122 | |
| Total equity and liabilities | 10/49 | €387,917 | €565,950 | +€178,033 | +45.9% |
| Equity | 10/15 | -€25,829 | €172,127 | +€197,956 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,829 | €132,127 | +€197,956 | |
| Amounts payable | 17/49 | €413,746 | €393,823 | -€19,923 | -4.8% |
| Amounts payable within one year | 42/48 | €413,746 | €393,823 | -€19,923 | -4.8% |
| Trade debts | 44 | €59,166 | €153,611 | +€94,445 | +160% |
| Suppliers | 440/4 | €59,166 | €153,611 | +€94,445 | +160% |
| Advances received on contracts in progress | 46 | €40,000 | €40,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,571 | €113,977 | +€76,406 | +203% |
| Taxes | 450/3 | €14,709 | €52,178 | +€37,469 | +255% |
| Remuneration and social security | 454/9 | €22,861 | €61,798 | +€38,937 | +170% |
| Other amounts payable | 47/48 | €277,009 | €86,235 | -€190,774 | -68.9% |
| Remuneration, social security and pensions | 62 | €105,843 | €339,378 | +€233,535 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,954 | €6,374 | +€2,421 | +61.2% |
| Other operating charges | 640/8 | €2,934 | €581 | -€2,353 | -80.2% |
| Gross operating margin | 9900 | €58,723 | €596,607 | +€537,884 | +916% |
| Operating profit (loss) | 9901 | -€54,007 | €250,274 | +€304,281 | |
| Financial income | 75/76B | €781 | €10 | -€771 | -98.7% |
| Recurring financial income | 75 | €781 | €10 | -€771 | -98.7% |
| Financial charges | 65/66B | €12,602 | €2,434 | -€10,168 | -80.7% |
| Recurring financial charges | 65 | €12,602 | €2,434 | -€10,168 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | -€65,829 | €247,850 | +€313,679 | |
| Income taxes | 67/77 | - | €49,894 | +€49,894 | |
| Profit (loss) for the period | 9904 | -€65,829 | €197,956 | +€263,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,829 | €197,956 | +€263,785 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.