STEKO: 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.
STEKO
Largest movements
- Cash +€2,739
up €2,739 (+7.8%), from €34,934 to €37,673
mainly Net result for the year (+€2,754) and Other debts (+€670)
- Receivables within one year +€504
new in 2025: €504
- Reserves +€2,754
up €2,754 (+13.5%), from €20,435 to €23,189
- Other debts +€670
up €670 (+329.8%), from €203 to €873
- Gross operating margin -€1,499
down €1,499 (-23.8%), from €6,308 to €4,809
- Taxes -€575
down €575 (-27.3%), from €2,110 to €1,535
- Other operating charges +€136
up €136 (+35.2%), from €387 to €524
- Financial income -€125
down €125 (-49.0%), from €254 to €130
- Financial charges -€65
down €65 (-34.0%), from €190 to €126
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 | €34,934 | €38,177 | +€3,243 | +9.3% |
| Current assets | 29/58 | €34,934 | €38,177 | +€3,243 | +9.3% |
| Amounts receivable within one year | 40/41 | - | €504 | +€504 | |
| Other amounts receivable | 41 | - | €504 | +€504 | |
| Cash at bank and in hand | 54/58 | €34,934 | €37,673 | +€2,739 | +7.8% |
| Total equity and liabilities | 10/49 | €34,934 | €38,177 | +€3,243 | +9.3% |
| Equity | 10/15 | €34,550 | €37,304 | +€2,754 | +8.0% |
| Reserves | 13 | €20,435 | €23,189 | +€2,754 | +13.5% |
| Distributable reserves | 133 | €20,435 | €23,189 | +€2,754 | +13.5% |
| Profit (loss) carried forward | 14 | €14,114 | €14,114 | = | 0.0% |
| Amounts payable | 17/49 | €384 | €873 | +€489 | +127.2% |
| Amounts payable within one year | 42/48 | €384 | €873 | +€489 | +127.2% |
| Trade debts | 44 | €147 | - | -€147 | |
| Suppliers | 440/4 | €147 | - | -€147 | |
| Taxes, remuneration and social security | 45 | €34 | - | -€34 | |
| Taxes | 450/3 | €34 | - | -€34 | |
| Other amounts payable | 47/48 | €203 | €873 | +€670 | +329.8% |
| Other operating charges | 640/8 | €387 | €524 | +€136 | +35.2% |
| Gross operating margin | 9900 | €6,308 | €4,809 | -€1,499 | -23.8% |
| Operating profit (loss) | 9901 | €5,921 | €4,285 | -€1,636 | -27.6% |
| Financial income | 75/76B | €254 | €130 | -€125 | -49.0% |
| Recurring financial income | 75 | €254 | €130 | -€125 | -49.0% |
| Financial charges | 65/66B | €190 | €126 | -€65 | -34.0% |
| Recurring financial charges | 65 | €190 | €126 | -€65 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €5,985 | €4,289 | -€1,696 | -28.3% |
| Income taxes | 67/77 | €2,110 | €1,535 | -€575 | -27.3% |
| Profit (loss) for the period | 9904 | €3,874 | €2,754 | -€1,120 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,874 | €2,754 | -€1,120 | -28.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.