STEGRO: 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.
STEGRO
Largest movements
- Receivables within one year -€32,594
down €32,594 (-71.3%), from €45,721 to €13,128
of which Trade receivables: -€35,049
- Deferred charges and accrued income +€5,200
up €5,200 (+211.7%), from €2,457 to €7,657
- Stocks and contracts +€2,100
new in 2025: €2,100
- Cash -€1,220
down €1,220 (-11.3%), from €10,807 to €9,587
mainly Accrued charges and deferred income (-€16,500) and Net result for the year (-€13,670)
- Accrued charges and deferred income -€16,500
no longer reported in 2025 (was €16,500)
- Profit (loss) carried forward -€13,670
down €13,670 (-111.3%), from -€12,278 to -€25,948
- Other debts +€7,222
up €7,222 (+384.7%), from €1,877 to €9,099
- Tax, wage and social debts -€2,745
down €2,745 (-32.5%), from €8,446 to €5,701
of which Taxes: -€7,781
- Trade debts -€1,017
no longer reported in 2025 (was €1,017)
- Gross operating margin -€17,370
down €17,370, from €5,396 to -€11,974
- Taxes -€773
down €773 (-78.0%), from €991 to €218
- Depreciation -€248
down €248 (-55.8%), from €444 to €196
- Other operating charges -€198
down €198 (-16.4%), from €1,207 to €1,008
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 | €59,522 | €32,812 | -€26,710 | -44.9% |
| Fixed assets | 21/28 | €537 | €341 | -€196 | -36.5% |
| Tangible fixed assets | 22/27 | €389 | €192 | -€196 | -50.5% |
| Plant, machinery and equipment | 23 | €389 | €192 | -€196 | -50.5% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €58,985 | €32,471 | -€26,514 | -45.0% |
| Stocks and contracts in progress | 3 | - | €2,100 | +€2,100 | |
| Stocks | 30/36 | - | €2,100 | +€2,100 | |
| Amounts receivable within one year | 40/41 | €45,721 | €13,128 | -€32,594 | -71.3% |
| Trade receivables | 40 | €45,421 | €10,372 | -€35,049 | -77.2% |
| Other amounts receivable | 41 | €300 | €2,756 | +€2,455 | +817.1% |
| Cash at bank and in hand | 54/58 | €10,807 | €9,587 | -€1,220 | -11.3% |
| Deferred charges and accrued income | 490/1 | €2,457 | €7,657 | +€5,200 | +211.7% |
| Total equity and liabilities | 10/49 | €59,522 | €32,812 | -€26,710 | -44.9% |
| Equity | 10/15 | €31,682 | €18,012 | -€13,670 | -43.1% |
| Contributions | 10/11 | €43,960 | €43,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,278 | -€25,948 | -€13,670 | -111.3% |
| Amounts payable | 17/49 | €27,841 | €14,800 | -€13,041 | -46.8% |
| Amounts payable within one year | 42/48 | €11,341 | €14,800 | +€3,459 | +30.5% |
| Trade debts | 44 | €1,017 | - | -€1,017 | |
| Suppliers | 440/4 | €1,017 | - | -€1,017 | |
| Taxes, remuneration and social security | 45 | €8,446 | €5,701 | -€2,745 | -32.5% |
| Taxes | 450/3 | €7,781 | - | -€7,781 | |
| Remuneration and social security | 454/9 | €665 | €5,701 | +€5,036 | +756.7% |
| Other amounts payable | 47/48 | €1,877 | €9,099 | +€7,222 | +384.7% |
| Accrued charges and deferred income | 492/3 | €16,500 | - | -€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €196 | -€248 | -55.8% |
| Other operating charges | 640/8 | €1,207 | €1,008 | -€198 | -16.4% |
| Gross operating margin | 9900 | €5,396 | -€11,974 | -€17,370 | |
| Operating profit (loss) | 9901 | €3,745 | -€13,179 | -€16,924 | |
| Financial income | 75/76B | €84 | €22 | -€62 | -73.5% |
| Recurring financial income | 75 | €84 | €22 | -€62 | -73.5% |
| Financial charges | 65/66B | €186 | €295 | +€109 | +58.6% |
| Recurring financial charges | 65 | €186 | €295 | +€109 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €3,644 | -€13,452 | -€17,095 | |
| Income taxes | 67/77 | €991 | €218 | -€773 | -78.0% |
| Profit (loss) for the period | 9904 | €2,652 | -€13,670 | -€16,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,652 | -€13,670 | -€16,322 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.