Stekunov: 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.
Stekunov
Largest movements
- Receivables after one year +€17,500
new in 2025: €17,500
- Tangible fixed assets +€6,845
up €6,845 (+83.9%), from €8,160 to €15,005
of which Furniture and vehicles: +€6,957
- Cash +€4,023
up €4,023 (+5.3%), from €76,566 to €80,590
mainly Net result for the year (+€40,920) and Depreciation (+€3,576)
- Receivables within one year +€3,352
new in 2025: €3,352
of which Other amounts receivable: +€2,878
- Profit (loss) carried forward +€40,920
up €40,920 (+86.8%), from €47,130 to €88,050
- Tax, wage and social debts -€11,791
down €11,791 (-32.3%), from €36,483 to €24,692
of which Taxes: -€11,791
- Trade debts +€1,892
up €1,892 (+2,763%), from €68 to €1,960
- Depreciation +€2,595
up €2,595 (+264%), from €981 to €3,576
- Gross operating margin -€2,411
down €2,411 (-3.9%), from €61,194 to €58,783
- Taxes +€1,574
up €1,574 (+12.5%), from €12,548 to €14,122
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.
Derived cash bridge
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 | €84,831 | €116,578 | +€31,747 | +37.4% |
| Fixed assets | 21/28 | €8,160 | €15,005 | +€6,845 | +83.9% |
| Tangible fixed assets | 22/27 | €8,160 | €15,005 | +€6,845 | +83.9% |
| Furniture and vehicles | 24 | €7,634 | €14,592 | +€6,957 | +91.1% |
| Other tangible fixed assets | 26 | €526 | €413 | -€113 | -21.4% |
| Current assets | 29/58 | €76,671 | €101,573 | +€24,902 | +32.5% |
| Amounts receivable after more than one year | 29 | - | €17,500 | +€17,500 | |
| Other amounts receivable | 291 | - | €17,500 | +€17,500 | |
| Amounts receivable within one year | 40/41 | - | €3,352 | +€3,352 | |
| Trade receivables | 40 | - | €474 | +€474 | |
| Other amounts receivable | 41 | - | €2,878 | +€2,878 | |
| Cash at bank and in hand | 54/58 | €76,566 | €80,590 | +€4,023 | +5.3% |
| Deferred charges and accrued income | 490/1 | €105 | €131 | +€27 | +25.7% |
| Total equity and liabilities | 10/49 | €84,831 | €116,578 | +€31,747 | +37.4% |
| Equity | 10/15 | €48,130 | €89,050 | +€40,920 | +85.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,130 | €88,050 | +€40,920 | +86.8% |
| Amounts payable | 17/49 | €36,701 | €27,528 | -€9,174 | -25.0% |
| Amounts payable within one year | 42/48 | €36,701 | €27,528 | -€9,174 | -25.0% |
| Trade debts | 44 | €68 | €1,960 | +€1,892 | +2,763% |
| Suppliers | 440/4 | €68 | €1,960 | +€1,892 | +2,763% |
| Taxes, remuneration and social security | 45 | €36,483 | €24,692 | -€11,791 | -32.3% |
| Taxes | 450/3 | €31,983 | €20,192 | -€11,791 | -36.9% |
| Remuneration and social security | 454/9 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 47/48 | €150 | €876 | +€725 | +483% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €3,576 | +€2,595 | +264% |
| Other operating charges | 640/8 | €382 | €429 | +€47 | +12.4% |
| Gross operating margin | 9900 | €61,194 | €58,783 | -€2,411 | -3.9% |
| Operating profit (loss) | 9901 | €59,831 | €54,777 | -€5,053 | -8.4% |
| Financial income | 75/76B | €64 | €617 | +€554 | +872% |
| Recurring financial income | 75 | €64 | €617 | +€554 | +872% |
| Financial charges | 65/66B | €216 | €352 | +€136 | +63.0% |
| Recurring financial charges | 65 | €216 | €352 | +€136 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €59,678 | €55,043 | -€4,635 | -7.8% |
| Income taxes | 67/77 | €12,548 | €14,122 | +€1,574 | +12.5% |
| Profit (loss) for the period | 9904 | €47,130 | €40,920 | -€6,210 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,130 | €40,920 | -€6,210 | -13.2% |
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 21 October 2026 via checked.be.