SteLaur: 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.
SteLaur
Largest movements
- Deferred charges and accrued income +€15,800
up €15,800 (+491%), from €3,217 to €19,016
- Cash +€11,154
up €11,154 (+45.0%), from €24,778 to €35,932
mainly Net result for the year (+€32,798) and Other debts (+€16,587)
- Receivables within one year -€2,446
down €2,446 (-9.4%), from €25,901 to €23,455
of which Trade receivables: -€3,230
- Other debts +€16,587
up €16,587 (+359%), from €4,626 to €21,214
- Profit (loss) carried forward +€12,798
up €12,798 (+40.3%), from €31,742 to €44,539
- Tax, wage and social debts -€6,342
down €6,342 (-49.9%), from €12,704 to €6,362
- Trade debts +€1,465
up €1,465 (+63.0%), from €2,323 to €3,788
- Gross operating margin +€26,445
up €26,445 (+147%), from €18,029 to €44,474
- Taxes +€4,550
up €4,550 (+97.5%), from €4,665 to €9,215
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 | €53,896 | €78,404 | +€24,508 | +45.5% |
| Current assets | 29/58 | €53,896 | €78,404 | +€24,508 | +45.5% |
| Amounts receivable within one year | 40/41 | €25,901 | €23,455 | -€2,446 | -9.4% |
| Trade receivables | 40 | €25,506 | €22,275 | -€3,230 | -12.7% |
| Other amounts receivable | 41 | €395 | €1,180 | +€785 | +199% |
| Cash at bank and in hand | 54/58 | €24,778 | €35,932 | +€11,154 | +45.0% |
| Deferred charges and accrued income | 490/1 | €3,217 | €19,016 | +€15,800 | +491% |
| Total equity and liabilities | 10/49 | €53,896 | €78,404 | +€24,508 | +45.5% |
| Equity | 10/15 | €34,242 | €47,039 | +€12,798 | +37.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,742 | €44,539 | +€12,798 | +40.3% |
| Amounts payable | 17/49 | €19,654 | €31,364 | +€11,710 | +59.6% |
| Amounts payable within one year | 42/48 | €19,654 | €31,364 | +€11,710 | +59.6% |
| Trade debts | 44 | €2,323 | €3,788 | +€1,465 | +63.0% |
| Suppliers | 440/4 | €2,323 | €3,788 | +€1,465 | +63.0% |
| Taxes, remuneration and social security | 45 | €12,704 | €6,362 | -€6,342 | -49.9% |
| Taxes | 450/3 | €12,704 | €6,362 | -€6,342 | -49.9% |
| Other amounts payable | 47/48 | €4,626 | €21,214 | +€16,587 | +359% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €684 | €632 | -€51 | -7.5% |
| Gross operating margin | 9900 | €18,029 | €44,474 | +€26,445 | +147% |
| Operating profit (loss) | 9901 | €17,345 | €43,842 | +€26,496 | +153% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.0% |
| Financial charges | 65/66B | €1,883 | €1,829 | -€55 | -2.9% |
| Recurring financial charges | 65 | €1,883 | €1,829 | -€55 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €15,464 | €42,013 | +€26,549 | +172% |
| Income taxes | 67/77 | €4,665 | €9,215 | +€4,550 | +97.5% |
| Profit (loss) for the period | 9904 | €10,799 | €32,798 | +€21,999 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €10,799 | €32,798 | +€21,999 | +204% |
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 14 October 2026 via checked.be.