STEBRU: 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.
STEBRU
Largest movements
- Tangible fixed assets +€80,718
up €80,718 (+10.7%), from €757,490 to €838,208
of which Furniture and vehicles: +€71,238
- Other debts +€75,281
up €75,281 (+111%), from €67,619 to €142,900
- Profit (loss) carried forward +€37,000
up €37,000 (+41.4%), from -€89,462 to -€52,462
- Current portion of long-term debt -€37,000
down €37,000 (-98.2%), from €37,687 to €687
- Other operating charges -€148,819
no longer reported in 2025 (was €148,819)
- Gross operating margin -€42,403
down €42,403 (-53.4%), from €79,403 to €37,000
- Depreciation -€29,220
no longer reported in 2025 (was €29,220)
- Financial charges -€15,497
no longer reported in 2025 (was €15,497)
- Financial income -€4,805
no longer reported in 2025 (was €4,805)
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 | €762,927 | €838,208 | +€75,281 | +9.9% |
| Fixed assets | 21/28 | €757,650 | €838,208 | +€80,558 | +10.6% |
| Tangible fixed assets | 22/27 | €757,490 | €838,208 | +€80,718 | +10.7% |
| Land and buildings | 22 | €741,356 | €757,767 | +€16,411 | +2.2% |
| Plant, machinery and equipment | 23 | €12,703 | €5,772 | -€6,931 | -54.6% |
| Furniture and vehicles | 24 | €3,431 | €74,669 | +€71,238 | +2,076% |
| Financial fixed assets | 28 | €160 | - | -€160 | |
| Current assets | 29/58 | €5,277 | - | -€5,277 | |
| Amounts receivable within one year | 40/41 | €1,435 | - | -€1,435 | |
| Trade receivables | 40 | €90 | - | -€90 | |
| Other amounts receivable | 41 | €1,345 | - | -€1,345 | |
| Cash at bank and in hand | 54/58 | €2,252 | - | -€2,252 | |
| Deferred charges and accrued income | 490/1 | €1,590 | - | -€1,590 | |
| Total equity and liabilities | 10/49 | €762,927 | €838,208 | +€75,281 | +9.9% |
| Equity | 10/15 | -€69,002 | -€32,002 | +€37,000 | +53.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,462 | -€52,462 | +€37,000 | +41.4% |
| Amounts payable | 17/49 | €831,929 | €870,210 | +€38,281 | +4.6% |
| Amounts payable after more than one year | 17 | €592,695 | €592,695 | +€0 | 0.0% |
| Financial debts | 170/4 | €592,695 | €592,695 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €239,234 | €277,515 | +€38,281 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €37,687 | €687 | -€37,000 | -98.2% |
| Financial debts | 43 | €9,579 | €9,579 | -€0 | 0.0% |
| Credit institutions | 430/8 | €9,579 | €9,579 | -€0 | 0.0% |
| Trade debts | 44 | €49,877 | €49,877 | -€0 | 0.0% |
| Suppliers | 440/4 | €49,877 | €49,877 | -€0 | 0.0% |
| Advances received on contracts in progress | 46 | €50,000 | €50,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,472 | €24,472 | -€0 | 0.0% |
| Taxes | 450/3 | €24,472 | €24,472 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €67,619 | €142,900 | +€75,281 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,220 | - | -€29,220 | |
| Other operating charges | 640/8 | €148,819 | - | -€148,819 | |
| Gross operating margin | 9900 | €79,403 | €37,000 | -€42,403 | -53.4% |
| Operating profit (loss) | 9901 | -€98,635 | €37,000 | +€135,635 | |
| Financial income | 75/76B | €4,805 | - | -€4,805 | |
| Recurring financial income | 75 | €4,805 | - | -€4,805 | |
| Financial charges | 65/66B | €15,497 | - | -€15,497 | |
| Recurring financial charges | 65 | €15,497 | - | -€15,497 | |
| Profit (loss) for the period before taxes | 9903 | -€109,327 | €37,000 | +€146,327 | |
| Income taxes | 67/77 | -€2,022 | - | +€2,022 | |
| Profit (loss) for the period | 9904 | -€107,305 | €37,000 | +€144,305 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,305 | €37,000 | +€144,305 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.