STELEANSA: what changed
Two fiscal 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.
STELEANSA
Largest movements
- Tangible fixed assets -€39,573
down €39,573 (-8.3%), from €478,897 to €439,324
of which Land and buildings: -€39,478
- Current investments -€12,221
down €12,221 (-78.6%), from €15,545 to €3,324
- Debts after one year -€27,064
down €27,064 (-3.2%), from €846,295 to €819,232
of which Financial debts: -€42,401
- Profit (loss) carried forward -€24,388
down €24,388 (-5.3%), from -€458,724 to -€483,113
- Gross operating margin +€14,184
up €14,184 (+131.6%), from €10,776 to €24,960
- Financial charges -€1,727
down €1,727 (-26.5%), from €6,519 to €4,792
- Depreciation -€817
down €817 (-2.0%), from €40,390 to €39,573
- Other operating charges -€349
down €349 (-6.5%), from €5,331 to €4,983
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,649 | €449,117 | -€49,533 | -9.9% |
| Fixed assets | 21/28 | €478,897 | €439,324 | -€39,573 | -8.3% |
| Tangible fixed assets | 22/27 | €478,897 | €439,324 | -€39,573 | -8.3% |
| Land and buildings | 22 | €478,342 | €438,864 | -€39,478 | -8.3% |
| Furniture and vehicles | 24 | €555 | €460 | -€95 | -17.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €19,752 | €9,793 | -€9,959 | -50.4% |
| Amounts receivable within one year | 40/41 | €2,841 | €5,104 | +€2,263 | +79.7% |
| Other amounts receivable | 41 | €2,841 | €5,104 | +€2,263 | +79.7% |
| Current investments | 50/53 | €15,545 | €3,324 | -€12,221 | -78.6% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,364 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €498,649 | €449,117 | -€49,533 | -9.9% |
| Equity | 10/15 | -€388,682 | -€413,070 | -€24,388 | -6.3% |
| Contributions | 10/11 | €70,042 | €70,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€458,724 | -€483,113 | -€24,388 | -5.3% |
| Amounts payable | 17/49 | €887,331 | €862,187 | -€25,144 | -2.8% |
| Amounts payable after more than one year | 17 | €846,295 | €819,232 | -€27,064 | -3.2% |
| Financial debts | 170/4 | €82,875 | €40,474 | -€42,401 | -51.2% |
| Other amounts payable | 178/9 | €763,420 | €778,757 | +€15,337 | +2.0% |
| Amounts payable within one year | 42/48 | €41,036 | €42,955 | +€1,919 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €40,645 | €42,401 | +€1,756 | +4.3% |
| Trade debts | 44 | €391 | €555 | +€164 | +41.9% |
| Suppliers | 440/4 | €391 | €555 | +€164 | +41.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,390 | €39,573 | -€817 | -2.0% |
| Other operating charges | 640/8 | €5,331 | €4,983 | -€349 | -6.5% |
| Gross operating margin | 9900 | €10,776 | €24,960 | +€14,184 | +131.6% |
| Operating profit (loss) | 9901 | -€34,946 | -€19,596 | +€15,350 | +43.9% |
| Financial charges | 65/66B | €6,519 | €4,792 | -€1,727 | -26.5% |
| Recurring financial charges | 65 | €6,519 | €4,792 | -€1,727 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,464 | -€24,388 | +€17,076 | +41.2% |
| Profit (loss) for the period | 9904 | -€41,464 | -€24,388 | +€17,076 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,464 | -€24,388 | +€17,076 | +41.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.