STEL SOLUTION & SERVICES: 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.
STEL SOLUTION & SERVICES
Largest movements
- Stocks and contracts +€9,324
up €9,324 (+94.9%), from €9,826 to €19,150
- Tangible fixed assets -€6,211
down €6,211 (-29.2%), from €21,271 to €15,060
of which Furniture and vehicles: -€3,840
- Cash -€1,569
down €1,569 (-37.5%), from €4,183 to €2,614
mainly Stocks and contracts (-€9,324) and Other debts (-€2,738)
- Deferred charges and accrued income -€860
down €860 (-67.6%), from €1,271 to €412
- Receivables within one year +€700
up €700 (+28.6%), from €2,450 to €3,150
of which Trade receivables: +€2,123
- Trade debts +€4,339
up €4,339 (+27.0%), from €16,093 to €20,432
- Other debts -€2,738
down €2,738 (-12.2%), from €22,479 to €19,740
- Profit (loss) carried forward -€1,761
down €1,761 (-65.2%), from -€2,701 to -€4,462
- Accrued charges and deferred income +€1,415
new in 2024: €1,415
- Gross operating margin +€2,502
up €2,502 (+68.8%), from €3,638 to €6,140
- Depreciation +€1,169
up €1,169 (+23.2%), from €5,042 to €6,211
- Other operating charges +€805
up €805 (+144.6%), from €556 to €1,361
- Financial income +€217
up €217 (+18542.7%), from €1 to €218
- Financial charges -€192
down €192 (-31.4%), from €610 to €418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,002 | €40,386 | +€1,384 | +3.5% |
| Fixed assets | 21/28 | €21,271 | €15,060 | -€6,211 | -29.2% |
| Tangible fixed assets | 22/27 | €21,271 | €15,060 | -€6,211 | -29.2% |
| Plant, machinery and equipment | 23 | €5,107 | €2,736 | -€2,371 | -46.4% |
| Furniture and vehicles | 24 | €16,164 | €12,324 | -€3,840 | -23.8% |
| Current assets | 29/58 | €17,731 | €25,326 | +€7,595 | +42.8% |
| Stocks and contracts in progress | 3 | €9,826 | €19,150 | +€9,324 | +94.9% |
| Stocks | 30/36 | €9,826 | €19,150 | +€9,324 | +94.9% |
| Amounts receivable within one year | 40/41 | €2,450 | €3,150 | +€700 | +28.6% |
| Trade receivables | 40 | - | €2,123 | +€2,123 | |
| Other amounts receivable | 41 | €2,450 | €1,027 | -€1,423 | -58.1% |
| Cash at bank and in hand | 54/58 | €4,183 | €2,614 | -€1,569 | -37.5% |
| Deferred charges and accrued income | 490/1 | €1,271 | €412 | -€860 | -67.6% |
| Total equity and liabilities | 10/49 | €39,002 | €40,386 | +€1,384 | +3.5% |
| Equity | 10/15 | €299 | -€1,462 | -€1,761 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,701 | -€4,462 | -€1,761 | -65.2% |
| Amounts payable | 17/49 | €38,703 | €41,848 | +€3,145 | +8.1% |
| Amounts payable within one year | 42/48 | €38,703 | €40,432 | +€1,729 | +4.5% |
| Trade debts | 44 | €16,093 | €20,432 | +€4,339 | +27.0% |
| Suppliers | 440/4 | €16,093 | €20,432 | +€4,339 | +27.0% |
| Taxes, remuneration and social security | 45 | €132 | €260 | +€128 | +97.2% |
| Taxes | 450/3 | €132 | €260 | +€128 | +97.2% |
| Other amounts payable | 47/48 | €22,479 | €19,740 | -€2,738 | -12.2% |
| Accrued charges and deferred income | 492/3 | - | €1,415 | +€1,415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,042 | €6,211 | +€1,169 | +23.2% |
| Other operating charges | 640/8 | €556 | €1,361 | +€805 | +144.6% |
| Gross operating margin | 9900 | €3,638 | €6,140 | +€2,502 | +68.8% |
| Operating profit (loss) | 9901 | -€1,960 | -€1,433 | +€528 | +26.9% |
| Financial income | 75/76B | €1 | €218 | +€217 | +18542.7% |
| Recurring financial income | 75 | €1 | €218 | +€217 | +18542.7% |
| Financial charges | 65/66B | €610 | €418 | -€192 | -31.4% |
| Recurring financial charges | 65 | €610 | €418 | -€192 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,569 | -€1,633 | +€937 | +36.5% |
| Income taxes | 67/77 | €132 | €128 | -€4 | -2.8% |
| Profit (loss) for the period | 9904 | -€2,701 | -€1,761 | +€940 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,701 | -€1,761 | +€940 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.