Steline Plants: 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.
Steline Plants
Largest movements
- Receivables within one year +€26,962
up €26,962 (+30.6%), from €88,245 to €115,207
of which Other amounts receivable: +€14,633
- Cash -€5,520
down €5,520 (-51.9%), from €10,627 to €5,108
mainly Receivables within one year (-€26,962) and Other debts (-€10,623)
- Trade debts +€34,551
up €34,551 (+40.6%), from €85,024 to €119,575
- Other debts -€10,623
down €10,623 (-100%), from €10,623 to €0
- Tax, wage and social debts -€2,627
down €2,627 (-69.6%), from €3,772 to €1,145
of which Taxes: -€2,627
- Staff costs -€1,298
down €1,298 (-18.3%), from €7,083 to €5,785
- Gross operating margin +€1,199
up €1,199 (+6.8%), from €17,676 to €18,875
- Depreciation +€1,020
up €1,020 (+13.6%), from €7,480 to €8,499
- Financial income +€612
up €612 (+74.2%), from €825 to €1,437
- Taxes -€515
down €515 (-59.5%), from €866 to €350
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 | €116,474 | €137,774 | +€21,300 | +18.3% |
| Fixed assets | 21/28 | €15,900 | €15,757 | -€142 | -0.9% |
| Tangible fixed assets | 22/27 | €15,900 | €15,757 | -€142 | -0.9% |
| Land and buildings | 22 | €1,002 | €501 | -€501 | -50.0% |
| Plant, machinery and equipment | 23 | €5,648 | €3,399 | -€2,248 | -39.8% |
| Furniture and vehicles | 24 | €9,250 | €11,857 | +€2,607 | +28.2% |
| Current assets | 29/58 | €100,574 | €122,016 | +€21,443 | +21.3% |
| Stocks and contracts in progress | 3 | €1,702 | €1,702 | = | 0.0% |
| Stocks | 30/36 | €1,702 | €1,702 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,245 | €115,207 | +€26,962 | +30.6% |
| Trade receivables | 40 | €88,245 | €100,574 | +€12,330 | +14.0% |
| Other amounts receivable | 41 | €0 | €14,633 | +€14,633 | |
| Cash at bank and in hand | 54/58 | €10,627 | €5,108 | -€5,520 | -51.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €116,474 | €137,774 | +€21,300 | +18.3% |
| Equity | 10/15 | €17,054 | €15,800 | -€1,254 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,689 | €6,689 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €6,689 | €6,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,235 | -€9,489 | -€1,254 | -15.2% |
| Amounts payable | 17/49 | €99,420 | €121,974 | +€22,554 | +22.7% |
| Amounts payable within one year | 42/48 | €99,420 | €121,974 | +€22,554 | +22.7% |
| Financial debts | 43 | - | €1,253 | +€1,253 | |
| Credit institutions | 430/8 | - | €1,253 | +€1,253 | |
| Trade debts | 44 | €85,024 | €119,575 | +€34,551 | +40.6% |
| Suppliers | 440/4 | €85,024 | €119,575 | +€34,551 | +40.6% |
| Taxes, remuneration and social security | 45 | €3,772 | €1,145 | -€2,627 | -69.6% |
| Taxes | 450/3 | €3,681 | €1,055 | -€2,627 | -71.4% |
| Remuneration and social security | 454/9 | €91 | €91 | = | 0.0% |
| Other amounts payable | 47/48 | €10,623 | €0 | -€10,623 | -100% |
| Remuneration, social security and pensions | 62 | €7,083 | €5,785 | -€1,298 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,480 | €8,499 | +€1,020 | +13.6% |
| Other operating charges | 640/8 | €2,610 | €2,818 | +€208 | +8.0% |
| Non-recurring operating charges | 66A | €393 | €0 | -€393 | -100% |
| Gross operating margin | 9900 | €17,676 | €18,875 | +€1,199 | +6.8% |
| Operating profit (loss) | 9901 | €111 | €1,773 | +€1,662 | +1,504% |
| Financial income | 75/76B | €825 | €1,437 | +€612 | +74.2% |
| Recurring financial income | 75 | €825 | €1,437 | +€612 | +74.2% |
| Financial charges | 65/66B | €1,905 | €2,319 | +€414 | +21.8% |
| Recurring financial charges | 65 | €1,905 | €2,319 | +€414 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€969 | €891 | +€1,860 | |
| Income taxes | 67/77 | €866 | €350 | -€515 | -59.5% |
| Profit (loss) for the period | 9904 | -€1,835 | €540 | +€2,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,835 | €540 | +€2,376 |
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 25 October 2026 via checked.be.