STEF DRINKS: 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.
STEF DRINKS
Largest movements
- Cash -€6,100
down €6,100 (-88.2%), from €6,919 to €819
mainly Other debts (-€5,572) and Trade debts (-€3,141)
- Receivables within one year -€1,321
down €1,321 (-88.2%), from €1,499 to €178
of which Trade receivables: -€1,499
- Deferred charges and accrued income -€573
no longer reported in 2025 (was €573)
- Financial fixed assets -€363
no longer reported in 2025 (was €363)
- Other debts -€5,572
down €5,572 (-10.1%), from €55,380 to €49,808
- Trade debts -€3,141
no longer reported in 2025 (was €3,141)
- Profit (loss) carried forward +€1,520
up €1,520 (+2.9%), from -€52,331 to -€50,811
- Tax, wage and social debts -€1,165
no longer reported in 2025 (was €1,165)
of which Remuneration and social security: -€991
- Staff costs -€12,311
down €12,311, from €11,892 to -€418
- Gross operating margin +€2,455
up €2,455, from -€849 to €1,606
- Other operating charges -€500
no longer reported in 2025 (was €500)
- Financial charges -€52
down €52 (-27.0%), from €193 to €141
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 | €9,354 | €997 | -€8,357 | -89.3% |
| Fixed assets | 21/28 | €363 | - | -€363 | |
| Financial fixed assets | 28 | €363 | - | -€363 | |
| Current assets | 29/58 | €8,991 | €997 | -€7,994 | -88.9% |
| Amounts receivable within one year | 40/41 | €1,499 | €178 | -€1,321 | -88.2% |
| Trade receivables | 40 | €1,499 | - | -€1,499 | |
| Other amounts receivable | 41 | - | €178 | +€178 | |
| Cash at bank and in hand | 54/58 | €6,919 | €819 | -€6,100 | -88.2% |
| Deferred charges and accrued income | 490/1 | €573 | - | -€573 | |
| Total equity and liabilities | 10/49 | €9,354 | €997 | -€8,357 | -89.3% |
| Equity | 10/15 | -€50,331 | -€48,811 | +€1,520 | +3.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,331 | -€50,811 | +€1,520 | +2.9% |
| Amounts payable | 17/49 | €59,685 | €49,808 | -€9,877 | -16.5% |
| Amounts payable within one year | 42/48 | €59,685 | €49,808 | -€9,877 | -16.5% |
| Trade debts | 44 | €3,141 | - | -€3,141 | |
| Suppliers | 440/4 | €3,141 | - | -€3,141 | |
| Taxes, remuneration and social security | 45 | €1,165 | - | -€1,165 | |
| Taxes | 450/3 | €173 | - | -€173 | |
| Remuneration and social security | 454/9 | €991 | - | -€991 | |
| Other amounts payable | 47/48 | €55,380 | €49,808 | -€5,572 | -10.1% |
| Non-recurring operating income | 76A | - | €2,120 | +€2,120 | |
| Remuneration, social security and pensions | 62 | €11,892 | -€418 | -€12,311 | |
| Other operating charges | 640/8 | €500 | - | -€500 | |
| Non-recurring operating charges | 66A | - | €363 | +€363 | |
| Gross operating margin | 9900 | -€849 | €1,606 | +€2,455 | |
| Operating profit (loss) | 9901 | -€13,242 | €1,661 | +€14,903 | |
| Financial charges | 65/66B | €193 | €141 | -€52 | -27.0% |
| Recurring financial charges | 65 | €193 | €141 | -€52 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,435 | €1,520 | +€14,955 | |
| Profit (loss) for the period | 9904 | -€13,435 | €1,520 | +€14,955 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,435 | €1,520 | +€14,955 |
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 6 October 2026 via checked.be.