STECKE: 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.
STECKE
Largest movements
- Receivables after one year -€125,000
down €125,000 (-92.6%), from €135,000 to €10,000
- Current investments +€75,000
new in 2025: €75,000
- Cash -€36,168
down €36,168 (-43.1%), from €83,863 to €47,694
mainly Contributions, distributions and other (-€227,119) and Current investments (-€75,000)
- Reserves -€148,260
down €148,260 (-66.1%), from €224,317 to €76,057
- Other debts +€78,724
up €78,724 (+5156.3%), from €1,527 to €80,251
- Tax, wage and social debts -€18,054
down €18,054 (-65.0%), from €27,796 to €9,742
- Depreciation -€6,818
down €6,818 (-76.6%), from €8,903 to €2,086
- Taxes +€1,812
up €1,812 (+9.2%), from €19,640 to €21,451
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 | €256,524 | €170,174 | -€86,349 | -33.7% |
| Fixed assets | 21/28 | €3,694 | €3,445 | -€249 | -6.7% |
| Tangible fixed assets | 22/27 | €3,694 | €3,445 | -€249 | -6.7% |
| Furniture and vehicles | 24 | €3,694 | €3,445 | -€249 | -6.7% |
| Current assets | 29/58 | €252,829 | €166,729 | -€86,100 | -34.1% |
| Amounts receivable after more than one year | 29 | €135,000 | €10,000 | -€125,000 | -92.6% |
| Other amounts receivable | 291 | €135,000 | €10,000 | -€125,000 | -92.6% |
| Amounts receivable within one year | 40/41 | €32,676 | €32,673 | -€3 | 0.0% |
| Trade receivables | 40 | €32,670 | €32,670 | = | 0.0% |
| Other amounts receivable | 41 | €6 | €3 | -€3 | -47.6% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €83,863 | €47,694 | -€36,168 | -43.1% |
| Deferred charges and accrued income | 490/1 | €1,290 | €1,362 | +€71 | +5.5% |
| Total equity and liabilities | 10/49 | €256,524 | €170,174 | -€86,349 | -33.7% |
| Equity | 10/15 | €226,817 | €78,557 | -€148,260 | -65.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €224,317 | €76,057 | -€148,260 | -66.1% |
| Distributable reserves | 133 | €224,317 | €76,057 | -€148,260 | -66.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,706 | €91,617 | +€61,911 | +208.4% |
| Amounts payable within one year | 42/48 | €29,336 | €91,261 | +€61,925 | +211.1% |
| Trade debts | 44 | €13 | €1,268 | +€1,255 | +9433.2% |
| Suppliers | 440/4 | €13 | €1,268 | +€1,255 | +9433.2% |
| Taxes, remuneration and social security | 45 | €27,796 | €9,742 | -€18,054 | -65.0% |
| Taxes | 450/3 | €27,796 | €9,742 | -€18,054 | -65.0% |
| Other amounts payable | 47/48 | €1,527 | €80,251 | +€78,724 | +5156.3% |
| Accrued charges and deferred income | 492/3 | €370 | €356 | -€14 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,903 | €2,086 | -€6,818 | -76.6% |
| Other operating charges | 640/8 | €1,250 | €1,058 | -€192 | -15.4% |
| Gross operating margin | 9900 | €100,007 | €100,870 | +€864 | +0.9% |
| Operating profit (loss) | 9901 | €89,853 | €97,727 | +€7,874 | +8.8% |
| Financial income | 75/76B | €3,000 | €2,872 | -€128 | -4.3% |
| Recurring financial income | 75 | €3,000 | €2,872 | -€128 | -4.3% |
| Financial charges | 65/66B | €190 | €288 | +€99 | +52.0% |
| Recurring financial charges | 65 | €190 | €288 | +€99 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €92,664 | €100,311 | +€7,647 | +8.3% |
| Income taxes | 67/77 | €19,640 | €21,451 | +€1,812 | +9.2% |
| Profit (loss) for the period | 9904 | €73,024 | €78,859 | +€5,835 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,024 | €78,859 | +€5,835 | +8.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.