STE TECHNIQUE: 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.
STE TECHNIQUE
Largest movements
- Receivables within one year -€30,243
down €30,243 (-29.0%), from €104,261 to €74,018
of which Trade receivables: -€20,549
- Other debts -€23,500
no longer reported in 2025 (was €23,500)
- Trade debts -€19,795
down €19,795 (-55.5%), from €35,653 to €15,858
- Profit (loss) carried forward +€9,245
up €9,245 (+23.6%), from €39,191 to €48,436
- Tax, wage and social debts +€2,941
up €2,941 (+48.6%), from €6,050 to €8,991
of which Taxes: +€3,220
- Gross operating margin -€20,585
down €20,585 (-57.0%), from €36,089 to €15,504
- Taxes +€2,382
up €2,382 (+103.2%), from €2,308 to €4,690
- Depreciation -€820
down €820 (-54.0%), from €1,518 to €698
- Financial charges -€504
down €504 (-22.3%), from €2,261 to €1,757
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 | €105,494 | €74,385 | -€31,109 | -29.5% |
| Fixed assets | 21/28 | €1,062 | €364 | -€698 | -65.7% |
| Tangible fixed assets | 22/27 | €1,062 | €364 | -€698 | -65.7% |
| Furniture and vehicles | 24 | €1,062 | €364 | -€698 | -65.7% |
| Current assets | 29/58 | €104,432 | €74,021 | -€30,411 | -29.1% |
| Amounts receivable within one year | 40/41 | €104,261 | €74,018 | -€30,243 | -29.0% |
| Trade receivables | 40 | €79,408 | €58,859 | -€20,549 | -25.9% |
| Other amounts receivable | 41 | €24,853 | €15,159 | -€9,694 | -39.0% |
| Cash at bank and in hand | 54/58 | €171 | €3 | -€168 | -98.2% |
| Total equity and liabilities | 10/49 | €105,494 | €74,385 | -€31,109 | -29.5% |
| Equity | 10/15 | €40,291 | €49,536 | +€9,245 | +22.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | - | €1,000 | +€1,000 | |
| Other | 1109/19 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,191 | €48,436 | +€9,245 | +23.6% |
| Amounts payable | 17/49 | €65,203 | €24,849 | -€40,354 | -61.9% |
| Amounts payable within one year | 42/48 | €65,203 | €24,849 | -€40,354 | -61.9% |
| Trade debts | 44 | €35,653 | €15,858 | -€19,795 | -55.5% |
| Suppliers | 440/4 | €35,653 | €15,858 | -€19,795 | -55.5% |
| Taxes, remuneration and social security | 45 | €6,050 | €8,991 | +€2,941 | +48.6% |
| Taxes | 450/3 | €3,416 | €6,636 | +€3,220 | +94.3% |
| Remuneration and social security | 454/9 | €2,634 | €2,355 | -€279 | -10.6% |
| Other amounts payable | 47/48 | €23,500 | - | -€23,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,518 | €698 | -€820 | -54.0% |
| Other operating charges | 640/8 | €467 | €312 | -€155 | -33.2% |
| Gross operating margin | 9900 | €36,089 | €15,504 | -€20,585 | -57.0% |
| Operating profit (loss) | 9901 | €34,104 | €14,494 | -€19,610 | -57.5% |
| Financial income | 75/76B | €1,379 | €1,197 | -€182 | -13.2% |
| Recurring financial income | 75 | €1,379 | €1,197 | -€182 | -13.2% |
| Financial charges | 65/66B | €2,261 | €1,757 | -€504 | -22.3% |
| Recurring financial charges | 65 | €2,261 | €1,757 | -€504 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €33,222 | €13,934 | -€19,288 | -58.1% |
| Income taxes | 67/77 | €2,308 | €4,690 | +€2,382 | +103.2% |
| Profit (loss) for the period | 9904 | €30,914 | €9,244 | -€21,670 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,914 | €9,244 | -€21,670 | -70.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.