STEKA-INVEST: what changed
STEKA-INVEST
Largest movements
- Cash -€29,458
down €29,458 (-19.4%), from €151,546 to €122,088
mainly Net result for the year (-€39,515) and Debts after one year (-€7,853)
- Tangible fixed assets -€20,778
down €20,778 (-5.0%), from €414,951 to €394,173
- Profit (loss) carried forward -€39,514
down €39,514 (-30.3%), from -€130,384 to -€169,898
- Debts after one year -€7,853
down €7,853 (-4.1%), from €193,268 to €185,415
- Depreciation -€97,766
down €97,766 (-82.5%), from €118,544 to €20,778
- Gross operating margin -€6,446
down €6,446 (-143%), from -€4,523 to -€10,969
- Financial charges +€457
up €457 (+7.3%), from €6,294 to €6,751
- Financial income +€290
new in 2025: €290
- Other operating charges +€283
up €283 (+27.6%), from €1,023 to €1,306
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,477 | €523,841 | -€46,636 | -8.2% |
| Fixed assets | 21/28 | €414,951 | €394,173 | -€20,778 | -5.0% |
| Tangible fixed assets | 22/27 | €414,951 | €394,173 | -€20,778 | -5.0% |
| Land and buildings | 22 | €414,951 | €394,173 | -€20,778 | -5.0% |
| Current assets | 29/58 | €155,526 | €129,668 | -€25,858 | -16.6% |
| Amounts receivable within one year | 40/41 | €3,980 | €7,393 | +€3,413 | +85.7% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €3,980 | €7,393 | +€3,413 | +85.7% |
| Cash at bank and in hand | 54/58 | €151,546 | €122,088 | -€29,458 | -19.4% |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €570,477 | €523,841 | -€46,636 | -8.2% |
| Equity | 10/15 | €369,616 | €330,102 | -€39,514 | -10.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,384 | -€169,898 | -€39,514 | -30.3% |
| Amounts payable | 17/49 | €200,861 | €193,740 | -€7,121 | -3.5% |
| Amounts payable after more than one year | 17 | €193,268 | €185,415 | -€7,853 | -4.1% |
| Financial debts | 170/4 | €193,268 | €185,415 | -€7,853 | -4.1% |
| Amounts payable within one year | 42/48 | €7,593 | €8,325 | +€732 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €7,593 | €7,853 | +€260 | +3.4% |
| Trade debts | 44 | - | €472 | +€472 | |
| Suppliers | 440/4 | - | €472 | +€472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,544 | €20,778 | -€97,766 | -82.5% |
| Other operating charges | 640/8 | €1,023 | €1,306 | +€283 | +27.6% |
| Gross operating margin | 9900 | -€4,523 | -€10,969 | -€6,446 | -143% |
| Operating profit (loss) | 9901 | -€124,090 | -€33,053 | +€91,037 | +73.4% |
| Financial income | 75/76B | - | €290 | +€290 | |
| Recurring financial income | 75 | - | €290 | +€290 | |
| Financial charges | 65/66B | €6,294 | €6,751 | +€457 | +7.3% |
| Recurring financial charges | 65 | €6,294 | €6,751 | +€457 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€130,384 | -€39,515 | +€90,869 | +69.7% |
| Profit (loss) for the period | 9904 | -€130,384 | -€39,515 | +€90,869 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,384 | -€39,515 | +€90,869 | +69.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.