STEA GROUP: 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.
STEA GROUP
Largest movements
- Cash +€10,621
up €10,621 (+138.9%), from €7,647 to €18,268
mainly Receivables within one year (+€7,475) and Depreciation (+€3,943)
- Receivables within one year -€7,475
down €7,475 (-21.7%), from €34,387 to €26,912
of which Trade receivables: -€4,175
- Tangible fixed assets -€3,943
down €3,943 (-31.1%), from €12,670 to €8,726
No liability line moved by more than 1% of the balance sheet total.
- Taxes -€20,949
down €20,949 (-90.6%), from €23,112 to €2,163
- Gross operating margin +€2,802
up €2,802 (+74.6%), from €3,756 to €6,558
- Other operating charges -€1,780
down €1,780 (-77.2%), from €2,305 to €525
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 | €54,703 | €53,906 | -€797 | -1.5% |
| Fixed assets | 21/28 | €12,670 | €8,726 | -€3,943 | -31.1% |
| Tangible fixed assets | 22/27 | €12,670 | €8,726 | -€3,943 | -31.1% |
| Furniture and vehicles | 24 | €12,670 | €8,726 | -€3,943 | -31.1% |
| Current assets | 29/58 | €42,034 | €45,180 | +€3,146 | +7.5% |
| Amounts receivable within one year | 40/41 | €34,387 | €26,912 | -€7,475 | -21.7% |
| Trade receivables | 40 | €28,070 | €23,895 | -€4,175 | -14.9% |
| Other amounts receivable | 41 | €6,317 | €3,017 | -€3,300 | -52.2% |
| Cash at bank and in hand | 54/58 | €7,647 | €18,268 | +€10,621 | +138.9% |
| Total equity and liabilities | 10/49 | €54,703 | €53,906 | -€797 | -1.5% |
| Equity | 10/15 | €53,874 | €53,664 | -€210 | -0.4% |
| Contributions | 10/11 | €20 | €20 | = | 0.0% |
| Outside capital | 11 | €20 | €20 | = | 0.0% |
| Other | 1109/19 | €20 | €20 | = | 0.0% |
| Reserves | 13 | €68,000 | €68,000 | = | 0.0% |
| Distributable reserves | 133 | €68,000 | €68,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,146 | -€14,356 | -€210 | -1.5% |
| Amounts payable | 17/49 | €830 | €243 | -€587 | -70.7% |
| Amounts payable within one year | 42/48 | €830 | €243 | -€587 | -70.7% |
| Trade debts | 44 | €503 | - | -€503 | |
| Suppliers | 440/4 | €503 | - | -€503 | |
| Other amounts payable | 47/48 | €327 | €243 | -€84 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,943 | €3,943 | = | 0.0% |
| Other operating charges | 640/8 | €2,305 | €525 | -€1,780 | -77.2% |
| Gross operating margin | 9900 | €3,756 | €6,558 | +€2,802 | +74.6% |
| Operating profit (loss) | 9901 | -€2,492 | €2,090 | +€4,582 | |
| Financial charges | 65/66B | €106 | €138 | +€31 | +29.5% |
| Recurring financial charges | 65 | €106 | €138 | +€31 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,598 | €1,952 | +€4,551 | |
| Income taxes | 67/77 | €23,112 | €2,163 | -€20,949 | -90.6% |
| Profit (loss) for the period | 9904 | -€25,710 | -€210 | +€25,500 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,710 | -€210 | +€25,500 | +99.2% |
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 4 October 2026 via checked.be.