STELIFTEC: 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.
STELIFTEC
Largest movements
- Receivables within one year +€15,074
up €15,074 (+48.7%), from €30,932 to €46,005
of which Other amounts receivable: +€18,459
- Cash +€3,110
up €3,110 (+124.4%), from €2,499 to €5,608
mainly Net result for the year (+€12,544) and Tax, wage and social debts (+€6,383)
- Reserves +€12,000
up €12,000 (+59.2%), from €20,260 to €32,260
of which Distributable reserves: +€12,000
- Tax, wage and social debts +€6,383
up €6,383 (+222.7%), from €2,866 to €9,249
- Gross operating margin -€3,804
down €3,804 (-17.6%), from €21,555 to €17,751
- Taxes +€3,517
up €3,517 (+122.7%), from €2,866 to €6,383
- Financial income +€1,661
up €1,661 (+263.6%), from €630 to €2,292
- Other operating charges +€359
up €359 (+81.4%), from €441 to €800
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 | €33,430 | €51,962 | +€18,531 | +55.4% |
| Current assets | 29/58 | €33,430 | €51,962 | +€18,531 | +55.4% |
| Amounts receivable within one year | 40/41 | €30,932 | €46,005 | +€15,074 | +48.7% |
| Trade receivables | 40 | €10,207 | €6,822 | -€3,385 | -33.2% |
| Other amounts receivable | 41 | €20,725 | €39,183 | +€18,459 | +89.1% |
| Cash at bank and in hand | 54/58 | €2,499 | €5,608 | +€3,110 | +124.4% |
| Deferred charges and accrued income | 490/1 | - | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €33,430 | €51,962 | +€18,531 | +55.4% |
| Equity | 10/15 | €29,504 | €41,218 | +€11,714 | +39.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,260 | €32,260 | +€12,000 | +59.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,400 | €30,400 | +€12,000 | +65.2% |
| Profit (loss) carried forward | 14 | €3,044 | €2,758 | -€286 | -9.4% |
| Amounts payable | 17/49 | €3,926 | €10,743 | +€6,817 | +173.7% |
| Amounts payable within one year | 42/48 | €3,926 | €10,743 | +€6,817 | +173.7% |
| Trade debts | 44 | €230 | €664 | +€434 | +188.8% |
| Suppliers | 440/4 | €230 | €664 | +€434 | +188.8% |
| Taxes, remuneration and social security | 45 | €2,866 | €9,249 | +€6,383 | +222.7% |
| Taxes | 450/3 | €2,866 | €9,249 | +€6,383 | +222.7% |
| Other amounts payable | 47/48 | €830 | €830 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €55 | - | -€55 | |
| Other operating charges | 640/8 | €441 | €800 | +€359 | +81.4% |
| Non-recurring operating charges | 66A | €222 | €45 | -€177 | -79.7% |
| Gross operating margin | 9900 | €21,555 | €17,751 | -€3,804 | -17.6% |
| Operating profit (loss) | 9901 | €20,837 | €16,906 | -€3,932 | -18.9% |
| Financial income | 75/76B | €630 | €2,292 | +€1,661 | +263.6% |
| Recurring financial income | 75 | €630 | €2,292 | +€1,661 | +263.6% |
| Financial charges | 65/66B | €163 | €270 | +€107 | +65.8% |
| Recurring financial charges | 65 | €163 | €270 | +€107 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €21,304 | €18,927 | -€2,377 | -11.2% |
| Income taxes | 67/77 | €2,866 | €6,383 | +€3,517 | +122.7% |
| Profit (loss) for the period | 9904 | €18,439 | €12,544 | -€5,895 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,439 | €12,544 | -€5,895 | -32.0% |
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 6 October 2026 via checked.be.