STDep: what changed
Two fiscal 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.
STDep
Largest movements
- Cash -€4,625
down €4,625 (-87.0%), from €5,318 to €692
mainly Other debts (-€5,908) and Current investments (-€1,991)
- Current investments +€1,991
new in 2025: €1,991
- Receivables within one year +€1,385
up €1,385 (+20.6%), from €6,709 to €8,094
of which Trade receivables: +€1,385
- Stocks and contracts -€903
down €903 (-61.9%), from €1,460 to €557
- Tangible fixed assets -€441
down €441 (-20.5%), from €2,154 to €1,713
- Other debts -€5,908
down €5,908 (-51.4%), from €11,496 to €5,588
- Trade debts +€1,063
up €1,063, from €0 to €1,063
- Profit (loss) carried forward +€1,052
up €1,052 (+81.6%), from €1,290 to €2,342
- Tax, wage and social debts +€892
up €892 (+125.5%), from €711 to €1,603
- Purchases and services +€6,474
up €6,474 (+44.3%), from €14,618 to €21,092
- Gross operating margin -€1,013
down €1,013 (-28.1%), from €3,611 to €2,598
- Depreciation +€390
up €390 (+108.9%), from €358 to €748
- Financial charges +€359
up €359 (+154.0%), from €233 to €593
- Financial income +€126
up €126 (+144.2%), from €87 to €213
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.
Cash bridge derived
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 | €16,497 | €13,596 | -€2,901 | -17.6% |
| Formation expenses | 20 | €856 | €549 | -€307 | -35.9% |
| Fixed assets | 21/28 | €2,154 | €1,713 | -€441 | -20.5% |
| Tangible fixed assets | 22/27 | €2,154 | €1,713 | -€441 | -20.5% |
| Furniture and vehicles | 24 | €2,154 | €1,713 | -€441 | -20.5% |
| Current assets | 29/58 | €13,486 | €11,334 | -€2,153 | -16.0% |
| Stocks and contracts in progress | 3 | €1,460 | €557 | -€903 | -61.9% |
| Stocks | 30/36 | €1,460 | €557 | -€903 | -61.9% |
| Amounts receivable within one year | 40/41 | €6,709 | €8,094 | +€1,385 | +20.6% |
| Trade receivables | 40 | €6,709 | €8,094 | +€1,385 | +20.6% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €1,991 | +€1,991 | |
| Cash at bank and in hand | 54/58 | €5,318 | €692 | -€4,625 | -87.0% |
| Total equity and liabilities | 10/49 | €16,497 | €13,596 | -€2,901 | -17.6% |
| Equity | 10/15 | €4,290 | €5,342 | +€1,052 | +24.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €1,290 | €2,342 | +€1,052 | +81.6% |
| Amounts payable | 17/49 | €12,207 | €8,254 | -€3,953 | -32.4% |
| Amounts payable within one year | 42/48 | €12,207 | €8,254 | -€3,953 | -32.4% |
| Trade debts | 44 | €0 | €1,063 | +€1,063 | |
| Suppliers | 440/4 | €0 | €1,063 | +€1,063 | |
| Taxes, remuneration and social security | 45 | €711 | €1,603 | +€892 | +125.5% |
| Taxes | 450/3 | €711 | €1,603 | +€892 | +125.5% |
| Other amounts payable | 47/48 | €11,496 | €5,588 | -€5,908 | -51.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,618 | €21,092 | +€6,474 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €748 | +€390 | +108.9% |
| Gross operating margin | 9900 | €3,611 | €2,598 | -€1,013 | -28.1% |
| Operating profit (loss) | 9901 | €3,253 | €1,850 | -€1,404 | -43.1% |
| Financial income | 75/76B | €87 | €213 | +€126 | +144.2% |
| Recurring financial income | 75 | €87 | €213 | +€126 | +144.2% |
| Financial charges | 65/66B | €233 | €593 | +€359 | +154.0% |
| Recurring financial charges | 65 | €233 | €593 | +€359 | +154.0% |
| Profit (loss) for the period before taxes | 9903 | €3,107 | €1,470 | -€1,637 | -52.7% |
| Income taxes | 67/77 | €300 | €418 | +€118 | +39.3% |
| Profit (loss) for the period | 9904 | €2,807 | €1,052 | -€1,755 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,807 | €1,052 | -€1,755 | -62.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.